https://knews.kathimerini.com.cy/en/business/consumer-spending-remains-resilient-despite-the-war
Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....
https://knews.kathimerini.com.cy/en/business/cyprus-records-strongest-retail-sales-growth-in-the-eu
Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/how-to-restore-your-tv-signal-after-the-digital-switchover
Thousands of households across Cyprus lost access to local television stations on Monday following the country's official transition to the new DVB-T2 digital broadcasting standard. If your screen is currently blank, the Department of Electronic Communications has outlined the specific steps required to restore your television signal....
https://knews.kathimerini.com.cy/en/business/freedom24-in-the-2026-fintech-awards-best-pan-european-retail-investment-platform-ai-in-finance-innovation-award
Freedom24, a European subsidiary of Freedom Holding Corp., has been named a winner in two categories of the 2026 FinTech Awards by Wealth & Finance International, securing recognition both for its position as a pan-European investment platform and for its AI-driven Neo Compliance framework. The distinctions underline the growing relevance of technology-led innovation in European investment services, where scale, speed and regulatory rigour increasingly define market leadership....
https://knews.kathimerini.com.cy/en/life/zivania-in-the-right-hands
Since 2020, operating under the name Askon Art Wines, Constantinos Charilaou has produced an incredibly interesting line of premium wines that faithfully capture the identity of the local region....
https://knews.kathimerini.com.cy/en/news/frustration-mounts-as-high-definition-tv-upgrade-cuts-off-local-channels
A major upgrade to the national television broadcasting system has left thousands of households across Cyprus facing blank screens and locked out of major networks....
https://knews.kathimerini.com.cy/en/business/halloumi-exports-tested-as-foot-and-mouth-disease-spreads
The continued spread of foot-and-mouth disease has raised serious concern across Cyprus’s agri-food sector and business community, particularly regarding halloumi, the country’s most important agricultural export....
https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock
The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...
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/business/supermarket-sales-surge-as-shoppers-keep-spending
Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....
https://knews.kathimerini.com.cy/en/business/square-one-launches-500-new-homes-in-2026
Square One is entering a defining chapter in its growth....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-best-foreign-exchange-bank-in-cyprus-by-global-finance
The Bank of Cyprus has received another important international distinction, being named ''Best Foreign Exchange Bank in Cyprus'' at the annual Gordon Platt Foreign Exchange Awards – World’s Best Foreign Exchange Banks organized by the prestigious magazine Global Finance....
https://knews.kathimerini.com.cy/en/news/cyprus-isn-t-one-property-market-anymore-—-it-s-five
Cyprus’ property market is no longer a single, predictable landscape. New data from Landbank Analytics shows the island has split into distinct mini-markets, each with its own prices, buyers and momentum, from Limassol’s sky-high residential values to Famagusta’s unusual dominance of field sales....
https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse
Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....
https://knews.kathimerini.com.cy/en/news/eu-proposes-€2-fee-on-packages-from-china-based-retailers-like-shein-temu
The European Union is planning to introduce a flat fee on billions of small parcels entering its borders each year, most of them from China....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-the-cypriot-real-estate-market-maintained-its-momentum-in-2024
PwC Cyprus presents its annual report on the Cypriot real estate market, outlining the main developments and trends of the sector during 2024, through detailed analysis and the use of extensive databases as well as the firm’s sectoral expertise....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-surges-ahead-amid-global-economic-headwinds
It’s hard to overstate the progress Cyprus has made in recent years. Once overshadowed by economic turmoil, the island has emerged as a standout in the Mediterranean, blending resilience with opportunity....
https://knews.kathimerini.com.cy/en/business/more-spending-in-cyprus-but-prices-are-rising
Cyprus is seeing more people shopping and spending money, but higher prices are still affecting the cost of living. New data shows that in November 2024, both the amount of goods sold and the money spent in retail stores went up compared to last year....
https://knews.kathimerini.com.cy/en/news/retail-turnover-surges-by-5-8-in-february-2024
The Turnover Value Index of Retail Trade for February 2024 surged by 5.8% compared to the same period the previous year, according to data released by the Statistical Service of Cyprus.
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https://knews.kathimerini.com.cy/en/business/cyprus-braces-for-soaring-fuel-prices
Cyprus braces for a significant hike in motor fuel prices by mid-April, with increases of 10 cents per liter expected to impact consumer spending across the island nation, according to a report by Kathimerini's Maria Eraclous....
https://knews.kathimerini.com.cy/en/business/lackluster-sales-show-consumer-hesitation-and-vigilance
From 9 in the morning, several stores opened their doors for Black Friday, primarily in the field of electrical and electronic devices, but the traffic is at low levels and certainly not comparable to previous years....
https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol
After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....
https://knews.kathimerini.com.cy/en/business/retail-trade-soars-by-8-4-in-june
Retail trade turnover increased by 8.4% in value and 6.4% in volume in June 2023 compared to the corresponding month of 2022, according to data presented by the Statistical Service on Tuesday....
https://knews.kathimerini.com.cy/en/news/april-sees-surge-in-retail-trade
Retail trade increased significantly in April in both value and volume metrics, according to the latest data released Thursday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/consumers-cutting-back-on-non-essential-items-as-cost-of-living-rises
As the cost of living crisis continues to rise globally, consumers have drastically adjusted their spending behaviors, with the majority (53%) of global consumers “holding back” on non-essential spending. ...
https://knews.kathimerini.com.cy/en/news/the-who-s-who-of-the-christodoulides-government
On Monday afternoon (27/02), Nikos Christodoulides, the country's new leader, unveiled his new administration. Read the detailed biographies of the individuals who make up the new government....
https://knews.kathimerini.com.cy/en/news/fruits-and-vegetables-being-rationed-in-britain
Supermarkets across the country have begun rationing fresh food items in a move that is expected to last “weeks”....
https://knews.kathimerini.com.cy/en/news/apartment-prices-continued-its-upward-momentum-in-q4-2022
Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....
https://knews.kathimerini.com.cy/en/news/cash-still-king-as-cypriots-take-digital-leap
The growing preference of Cypriots for digital means of payment, but also the desire to maintain the ability to pay with cash and checks, are the main conclusions of the report of the Central Bank of Cyprus on Retail Payments in Cyprus for the years 2014-2021...
https://knews.kathimerini.com.cy/en/business/raising-the-black-friday-bar
This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...
