https://knews.kathimerini.com.cy/en/news/paphos-deputy-mayor-criticizes-hermes-over-baggage-belt-delays-and-staffing-shortages
Concerns over operations at Paphos International Airport have resurfaced as local officials and passengers criticize infrastructure limitations and employee working conditions, while the airport operator, Hermes Airports, defends its management practices....
https://knews.kathimerini.com.cy/en/business/larnaca-airport-set-to-become-trade-powerhouse-bringing-jobs-and-faster-shipping-to-cyprus
Cyprus is moving forward with plans to establish a cargo hub and aircraft maintenance services at Larnaca Airport, aiming to boost trade, connectivity, and economic activity, officials said....
https://knews.kathimerini.com.cy/en/business/blackrock-becomes-the-second-largest-shareholder-of-freedom-holding-corp
Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology company and the parent company of the Freedom24 investment platform, announced that BlackRock has increased its stake in the company to 0.85%, investing about $89 million....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greek-banks-on-a-winning-streak
Big banks in Cyprus and Greece are riding a wave of strong performance so far in 2025, catching the eye of investors and hinting at even brighter prospects ahead....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-join-europe-s-legal-fight-to-break-booking-com-s-grip
Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...
https://knews.kathimerini.com.cy/en/news/new-flight-route-links-london-stansted-to-occupied-north-via-turkey
A new flight route from London Stansted to the occupied airport of Tymbou in the northern part of Cyprus began operations on August 5, with a stopover in Istanbul or Ankara. ...
https://knews.kathimerini.com.cy/en/business/august-newsletter-of-k-treppides-co-ltd-–-01-08-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/eurobank-to-hike-dividends-by-over-50
Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....
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/business/audit-office-warns-of-€3-1-billion-in-delayed-tax-revenues-warns-of-non-collection-risk
The Audit Office has raised concerns over €3.1 billion in delayed tax revenues owed to the state, warning that around €1.4 billion may never be collected....
https://knews.kathimerini.com.cy/en/out-about/neolithic-village-opens-to-visitors-in-protaras
The Department of Antiquities, under the Deputy Ministry of Culture, announced Monday the opening of a newly arranged archaeological site at “Nisia” in Protaras, Paralimni....
https://knews.kathimerini.com.cy/en/news/paralimni-deryneia-launches-installation-of-72-high-tech-showers-on-protaras-beaches
Beachgoers in the popular Protaras resort area can expect an upgrade to their seaside experience as the Municipality of Paralimni - Deryneia begins installing 72 ultra-modern showers across 18 local beaches....
https://knews.kathimerini.com.cy/en/news/ryanair-offers-staff-bonuses-for-spotting-oversized-cabin-bags
Budget airline Ryanair is offering financial incentives to staff who identify passengers carrying oversized hand luggage, as European regulators weigh a possible ban on cabin bag charges....
https://knews.kathimerini.com.cy/en/news/eu-commission-targets-cyprus-and-others-countries-in-broad-legal-crackdown
The European Commission has initiated legal proceedings against several EU member states, including Cyprus, for failing to comply with a range of obligations under European Union law....
https://knews.kathimerini.com.cy/en/business/electricity-bills-to-rise-3-starting-next-cycle
Electricity bills in Cyprus will increase by 3% beginning with the next billing cycle, Energy Minister Giorgos Papanastasiou confirmed Friday....
https://knews.kathimerini.com.cy/en/news/former-director-of-pattihio-theatre-sentenced-to-5-5-years-for-misappropriating-€234-550
The Limassol Criminal Court has sentenced the former director of the Pattihio Municipal Theatre to 5.5 years in prison for theft by an employee and money laundering....
https://knews.kathimerini.com.cy/en/comment/opinion/tourism-revenue-soars-but-cyprus-still-serves-up-too-much-junk-on-the-plate
According to the latest Traveller Survey, Cyprus brought in €304.2 million in tourism revenue this April, marking a 39.9% increase compared to April 2024, when revenue stood at €217.4 million....
https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say
Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....
https://knews.kathimerini.com.cy/en/news/cyprus-pressured-to-pay-for-stalled-power-cable-project
Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....
https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/news/tourism-holds-steady-in-cyprus-despite-middle-east-tensions
Despite the ongoing unrest in the Middle East, Cyprus’ tourism sector is proving both vulnerable and resilient, as a surge in advance bookings acts as a safety net for hoteliers and travel operators....
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/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 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/news/cyprus-lawmakers-end-auctions-for-turkish-cypriot-homes
The Parliamentary Refugee Committee has moved to end the practice of auctioning Turkish Cypriot homes, reaffirming that such properties should be reserved strictly for displaced persons' primary residences....
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
