https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions
Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....
https://knews.kathimerini.com.cy/en/business/cyprus-electricity-prices-to-rise-from-may-possibly-up-to-20-by-summer
Electricity tariffs in Cyprus are expected to rise in the coming months, with initial increases likely in May and the potential for significantly higher costs by late summer....
https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence
The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...
https://knews.kathimerini.com.cy/en/news/heavy-rains-boost-cyprus-dams-but-water-shortages-still-a-concern
Cyprus got a welcome boost to its water reserves over the past four days, with more than 3 million cubic meters of rainwater filling the country’s dams, according to the latest measurements from the Department of Water Development. The 18 largest dams in the free areas of Cyprus are now 22.1% full....
https://knews.kathimerini.com.cy/en/news/oil-prices-bounce-back-in-asia-amid-middle-east-tensions
Oil prices rebounded in early Asian trading Tuesday, reversing some of yesterday’s losses as ongoing Middle East tensions and supply concerns outweighed the impact of strategic reserve releases....
https://knews.kathimerini.com.cy/en/news/strong-year-for-aegean-as-profits-climb-to-€147-8-million
AEGEAN announces its operating and financial results for fiscal year 2025, confirming its consistent growth path....
https://knews.kathimerini.com.cy/en/business/cyprus-brings-in-international-pr-team-to-rebuild-tourism-confidence
The government and tourism stakeholders are joining forces in a coordinated effort to safeguard Cyprus’ international image, stressing that the country remains safe and that daily life continues under normal conditions....
https://knews.kathimerini.com.cy/en/news/iea-releases-record-oil-reserves-but-cyprus-may-still-face-rising-fuel-prices
A record release of emergency oil reserves by the International Energy Agency (IEA) is meant to calm global markets shaken by Middle East tensions, but experts warn the move may not be enough to prevent higher fuel prices in Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-dams-drop-to-21-capacity-as-officials-hope-for-march-rains
Water levels in Cyprus’ dams remain worryingly low, with reservoirs across the island now just 21% full, according to the Water Development Department....
https://knews.kathimerini.com.cy/en/news/panic-buying-hits-supermarkets-as-middle-east-tensions-continue
Panic buying swept through Cyprus’ retail market at the start of the week, as anxious consumers rushed to supermarkets amid growing tensions in the Middle East and reports of attacks near the British bases at RAF Akrotiri....
https://knews.kathimerini.com.cy/en/news/akrotiri-evacuees-find-refuge-at-st-george-monastery
Residents forced to leave their homes in Akrotiri following a drone-related security incident are temporarily staying at a nearby monastery while officials determine when it will be safe for them to return....
https://knews.kathimerini.com.cy/en/news/middle-east-war-pushes-oil-and-gas-prices-higher-raising-fears-for-consumers
The war in the Middle East is shaking the global energy market and pushing fuel prices higher, raising concerns that ordinary consumers, especially in Europe, will soon feel the impact....
https://knews.kathimerini.com.cy/en/business/fuel-sales-in-cyprus-jump-11-2-in-january-as-stocks-fall
Petroleum product sales in Cyprus rose sharply in January 2026, even as stock levels fell markedly, according to the latest figures released by the Statistical Service....
https://knews.kathimerini.com.cy/en/diplomatica/cyprus–qatar-ties-turn-25-marking-quiet-partnership-that-grew-into-strategic-alliance
A diplomatic relationship that began with a single signature in New York has quietly grown into a strategic partnership spanning energy, investment and regional cooperation....
https://knews.kathimerini.com.cy/en/news/rain-boosts-paphos-water-reserves-easing-summer-shortage-fears
Recent rainfall has given a welcome lift to water supplies in the district of Paphos, with local officials saying the downpours have significantly strengthened dam reserves and improved the region’s overall water outlook....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€4-4m-yearly-interest-from-eu-loan-to-ukraine
Cyprus is expected to contribute roughly €4.4 million annually toward servicing the €90 billion loan the EU plans to raise on the markets to support Ukraine in the coming years, according to sources from Kathimerini....
https://knews.kathimerini.com.cy/en/news/cyprus-water-crisis-deepens-as-dams-run-half-empty
This winter’s performance, at least when it comes to water flowing into Cyprus’ dams, has created what officials describe as an explosive situation. ...
https://knews.kathimerini.com.cy/en/business/wizz-air-extends-wizz-class-across-its-network
Wizz Air, one of Europe’s leading low-cost airlines, is expanding WIZZ Class across its entire network following a successful trial period at six bases and strong demand from passengers seeking additional comfort without premium fares. ...
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-water-shortfall-in-2026-as-government-sets-lower-supply-levels
The Cypriot government has approved a water supply plan for 2026 that is expected to fall short of what consumers will need, setting the stage for potential restrictions during the year....
https://knews.kathimerini.com.cy/en/news/audit-service-employee-says-political-views-cost-him-his-job-post
A seconded (temporarily transferred) employee of Cyprus’ Audit Service says he was pressured, sidelined, and abruptly transferred after expressing support for a new political movement, allegations that are raising broader concerns about political neutrality and constitutional protections inside one of the state’s most sensitive watchdog institutions....
https://knews.kathimerini.com.cy/en/news/un-at-risk-of-running-out-of-funds-as-member-dues-go-unpaid
United Nations Secretary-General Antonio Guterres has issued a stark warning to member states that the world body is approaching a severe cash crisis that could threaten its ability to operate....
https://knews.kathimerini.com.cy/en/news/larnaca-moves-to-cut-water-use-by-10-intensifies-inspections-against-hose-washing
The Larnaca District Local Government Organization (EOA Larnaca) has announced a package of emergency measures aimed at reducing water consumption in the city and district by 10%, in an effort to prevent water cut-offs amid Cyprus’s worsening water situation....
https://knews.kathimerini.com.cy/en/news/paphos-xeros-and-dhiarizos-valleys-could-soon-join-the-unesco-biosphere-reserve-network
Efforts are underway to advance the inclusion of the Xeros and Dhiarizos river valleys in UNESCO’s World Network of Biosphere Reserves, with a series of community-focused meetings recently held in Paphos District....
https://knews.kathimerini.com.cy/en/news/elite-60-officer-strike-force-to-report-directly-to-justice-minister
At a time when organised crime appears to be gaining momentum, particularly in Larnaca and Limassol, the Ministry of Justice and Public Order is moving ahead with the creation of a new elite special unit, a task-force style strike team that will report directly to the Minister of Justice....
https://knews.kathimerini.com.cy/en/news/mouflons-spotted-roaming-snowy-troodos-mountains-video
Local wildlife is also making the most of the rare winter conditions, adding an extra layer of wonder to the scene. ...
https://knews.kathimerini.com.cy/en/news/real-madrid-tops-deloitte-football-money-league-as-clubs-achieve-record-€12-4bn-revenue
The top 20 revenue generating clubs in world football generated over €12bn in revenue for the first time, according to the 29th edition of the Football Money League published by the Deloitte Sports Business Group. ...
https://knews.kathimerini.com.cy/en/business/after-a-year-of-silence-cyprus-returns-to-the-markets-for-€1bn
Cyprus wasted no time in making its way back to the financial markets this year, setting its sights on raising around €1 billion through a 10-year government bond. ...
https://knews.kathimerini.com.cy/en/news/small-dams-record-overflows-as-water-levels-remain-critically-low-overall
Recent rainfall has led to the gradual overflow of some smaller dams, offering a rare but limited sign of relief. Videos shared by members of the public on social media show water spilling over at the Kafizides and Saitas dams, footage that has induced cautious optimism among residents....
https://knews.kathimerini.com.cy/en/news/1-800-scholarship-applications-pending-after-first-lady-s-resignation
About 1,800 scholarship applications for the 2025/2026 academic year are awaiting review following the resignation of First Lady Philippa Karsera Christodoulides from her post as President of the Independent Social Support Body....
https://knews.kathimerini.com.cy/en/news/heavy-rains-deliver-biggest-boost-to-cyprus-dams-this-year-videos
After several days of sustained rainfall across Cyprus, the low-pressure system currently affecting the island has brought the most substantial boost to dam reserves so far this hydrological year....
