https://knews.kathimerini.com.cy/en/business/bigger-smarter-greener-alphamega-s-new-superstore-is-coming-to-engomi
Retail giant Alphamega has secured planning permission for its brand-new, privately owned flagship store in Engomi, marking a major step forward in a project estimated to cost over €30 million....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-as-kean-factory-to-be-replaced-by-urban-high-rises
One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....
https://knews.kathimerini.com.cy/en/business/safety-concerns-or-just-a-tax-grab
A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....
https://knews.kathimerini.com.cy/en/news/pwc-global-entertainment-media-outlook-global-entertainment-and-media-industry-revenues-to-hit-us$3-5-trillion-by-2029-driven-by-advertising-live-events-and-video-games
Advertising spend forecasted to grow three times as fast (6.1%) as E&M consumer spending (2%) – as AI set to transform advertising models and drive hyper-personalisation...
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-supports-global-chess-events-with-the-participation-of-schools-from-greece-and-cyprus
Freedom Holding Corp., parent company of Freedom24, proudly announces its participation as a supporter of the “FIDE World School Chess Championship 2025” and the “Smart Moves Summit 2025”, ...
https://knews.kathimerini.com.cy/en/business/cyprus-consumers-more-price-savvy-than-new-e-kalathi-platform
More than a month after its launch, Cyprus’ e-kalathi digital price comparison tool is struggling to win over consumers, many of whom appear to be better informed than the platform itself when it comes to supermarket pricing....
https://knews.kathimerini.com.cy/en/business/cyprus-airports-set-for-€170m-makeover-as-passenger-growth-soars
Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-celebrating-international-investment-and-the-momentum-it-brings-at-the-13th-invest-cyprus-international-investment-awards
The 13th Invest Cyprus International Investment Awards were held on Wednesday, July 9, 2025, reaffirming Cyprus’ position as a regional hub for international business and recognising distinguished foreign investors who continue to place their trust in the country....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-go-greener-as-hundreds-certified-in-nationwide-esg-initiative
Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/business/alpha-bank-to-acquire-astrobank-in-€200-million-deal
Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....
https://knews.kathimerini.com.cy/en/business/new-era-in-vocational-training-lidl-cyprus-invests-in-the-new-generation
Lidl Cyprus is ushering in a new era in vocational education and training with Lidl UP: Learn & Work, an innovative dual education programme, implemented in collaboration with the Future Skills Hub, the Learning Center of the European University Cyprus....
https://knews.kathimerini.com.cy/en/news/phedon-phedonos-sounds-the-alarm-drugs-in-schools-fake-degrees-on-the-rise
In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...
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/business/project-zero-lidl-cyprus-continues-to-join-forces-with-akti-for-even-cleaner-beaches-and-coastlines
Lidl Cyprus, steadfast in its commitment to sustainable development and an active environmental footprint, carried out the major coastal clean-up action within the framework of Project Zero for yet another year,...
https://knews.kathimerini.com.cy/en/news/contactless-payments-coming-to-famagusta-buses-this-october
Starting in October, passengers on buses in the Famagusta District will be able to pay for their ride with contactless cards or mobile wallets like Apple Pay....
https://knews.kathimerini.com.cy/en/news/lidl-brings-youth-camp-for-girls-to-uefa-women-s-euro-2025tm
Lidl is empowering the next generation of women with new pan-European football and health focused program for young women. The program is organised by Lidl as part of the official partnership with UEFA Women’s EURO and in collaboration with WePlayStrong....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-eurobank-cyprus-to-merge-under-one-name-eurobank
The new bank that will emerge from the much-anticipated merger between Hellenic Bank and Eurobank Cyprus will operate under a single name: Eurobank....
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/business/freedom-holding-corp-reaches-$10-billion-valuation-on-record-share-price
Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...
https://knews.kathimerini.com.cy/en/business/cyprus-borrowers-are-back-as-loan-demand-soars-in-2025
Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....
https://knews.kathimerini.com.cy/en/news/marks-spencer-confirms-data-breach-after-weeks-long-cyber-disruption
Marks & Spencer said Monday that some customer data was compromised in a cyberattack that has disrupted its online operations in the U.K. for at least three weeks....
https://knews.kathimerini.com.cy/en/business/first-pandora-and-new-balance-stores-open-in-cyprus
Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...
https://knews.kathimerini.com.cy/en/business/€50m-alphamega-complex-set-to-transform-nicosia-shopping-scene
A brand new €50 million ALPHAMEGA hypermarket and commercial complex is on the way to Engomi, and it’s not just a supermarket....
https://knews.kathimerini.com.cy/en/news/giorgos-pechlivanoglou-giorgos-petrou-and-giorgos-tziortzis-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference will focus on supporting and advancing the national strategy for a Green Transition....
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/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
https://knews.kathimerini.com.cy/en/news/massive-power-outage-cripples-spain-portugal
A massive power outage swept across parts of Spain and Portugal on Monday, grounding flights, halting public transportation, and disrupting daily life for millions....
