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/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/news/cyprus-pavlos-kontides-reclaims-world-no-1-in-sailing
Cyprus is celebrating once again as Olympic sailor Pavlos Kontides has reclaimed the No. 1 spot in the World Sailing rankings for the Laser (ILCA7) class....
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/modernist-building-demolished-in-central-nicosia-raising-concerns-over-heritage-loss
A modernist building on Electras Street, located between Stasinou and Stasandrou, was demolished recently, drawing criticism from architects and residents concerned about the ongoing loss of Cyprus’ mid-20th-century architectural heritage....
https://knews.kathimerini.com.cy/en/news/farm-animals-among-the-silent-victims-of-limassol-fires
As wildfires continue to ravage parts of mountainous Limassol, the damage isn’t limited to property and nature; dozens of farm animals have also perished in the flames....
https://knews.kathimerini.com.cy/en/news/cypriot-man-loses-€434-000-in-online-crypto-fraud
In yet another online scam that’s been plaguing the country, a 53-year-old man in Cyprus was tricked into sending more than €434,000 to what he believed were cryptocurrency investments, only to discover he had fallen victim to fraud....
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-at-a-crossroads-can-the-island-become-a-regional-business-powerhouse
In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....
https://knews.kathimerini.com.cy/en/life/how-common-is-heatstroke-in-pets
As temperatures rise, pet owners are urged to stay vigilant about the dangers of heatstroke, a preventable but often deadly condition that continues to claim the lives of animals each summer....
https://knews.kathimerini.com.cy/en/comment/opinion/friends-foes-and-snakes-a-cypriot-snapshot-in-honor-of-world-snake-day
Yesterday was World Snake Day and our Anita is advised to be on her guard. Her enemies may be out to get her, but just as dangerous are a few so-called “friends” lurking in the shadows. Are they friends or snakes? ...
https://knews.kathimerini.com.cy/en/business/july-newsletter-of-k-treppides-co-ltd-–-11-07-2025
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/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/business/deposit-rates-fall-for-households-and-businesses-while-mortgage-rates-climb
Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/israeli-developers-to-launch-€40m-high-rise-project-in-larnaca
An Israeli real estate partnership is set to break ground on a €40 million high-rise residential and tourism project along the Larnaca seafront, according to a joint announcement made this week....
https://knews.kathimerini.com.cy/en/comment/opinion/fidias-interviewed-tatar-and-i-m-glad-he-did
What’s all the hullabaloo about? That’s what I found myself asking after watching MEP Fidias Panayiotou’s interview with Turkish Cypriot leader Ersin Tatar. In my view, it was a fascinating, necessary, and, yes, bold move. But apparently, not everyone agrees....
https://knews.kathimerini.com.cy/en/news/cyprus-gripped-by-heatwave-as-temperatures-hit-41-degrees-celsius
A heatwave continues to grip Cyprus, with temperatures reaching 41 degrees Celsius (105.8 Fahrenheit) on Monday, according to the Department of Meteorology. A yellow alert for extreme heat is in effect from noon to 5 p.m....
https://knews.kathimerini.com.cy/en/news/dozens-of-lifeguard-towers-unmanned-in-cyprus-as-beach-safety-concerns-rise
Nearly 30 lifeguard towers across the free areas of Cyprus remain unmanned at the height of the summer season, raising serious safety concerns after three people were nearly drowned this week in Protaras....
https://knews.kathimerini.com.cy/en/news/fire-up-the-grill-it-s-hot-it-s-friday-and-it-s-the-4th-of-july-yes-even-in-cyprus
Sure, it’s still morning, and sure, the to-do list might look like it was written by a particularly vengeful project manager. But let’s not panic. There’s something in the air and no, it’s not just the 36°c day creeping in. It’s hope. Because folks, it’s Friday, and even better, it’s the 4th of July....
https://knews.kathimerini.com.cy/en/news/we-know-it-s-only-thursday-but-we-can-almost-taste-the-weekend
We are desperately eyeing the weekend like it's the last piece of cake at a summer picnic, and not even the prospect of becoming human toast is going to ruin it for us....
https://knews.kathimerini.com.cy/en/business/odysseas-fires-fresh-criticism-at-government-over-larnaca-towers
Odysseas Michaelides has launched fresh criticism against the government and Environment Department over the controversial high-rise development planned for the coastal refinery zone in Larnaca, accusing authorities of “selective clarification and skillful concealment” regarding environmental concerns....
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/comment/opinion/one-in-four-students-leaves-primary-school-with-critically-low-skills
The dust has long settled on the issue. After a period of obsessive opposition and a kind of cat-and-mouse resistance to the now-infamous ''quarterly exams,'' the government ultimately gave in to public pressure. ...
https://knews.kathimerini.com.cy/en/news/watches-engagement-ring-stolen-from-ayia-napa-beach
Police are urging beachgoers to take precautions against theft as visitor numbers increase at coastal areas during the summer season....
https://knews.kathimerini.com.cy/en/news/ship-full-of-electric-cars-sinks-in-pacific-now-the-ocean-could-pay-the-price
A cargo ship carrying over 3,000 vehicles, including hundreds of electric and hybrid cars, has sunk deep in the North Pacific, sparking serious concerns about battery contamination and a potential marine pollution disaster....
https://knews.kathimerini.com.cy/en/comment/opinion/of-patriots-politicians-and-souvlakia-cyprus-in-all-its-glory
The ''Never-Surrender'' Tornaritis is aiming for double digits with his new movement, ''Rise Up.'' And he’s absolutely convinced it’s going to stir the waters. Sound crazy? Not to me....
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/israeli-ambassador-calls-on-public-figures-to-clearly-condemn-hate-speech-in-cyprus
Israel’s ambassador to Cyprus issued a strong statement on Wednesday, voicing concern over what he described as a rise in anti-Semitic rhetoric in public discourse on the island in recent days....
https://knews.kathimerini.com.cy/en/news/toxic-fungus-tied-to-‘pharaoh-s-curse-yields-promising-leukemia-drug
A fungus once feared as the source of the so-called “Pharaoh’s Curse” has been transformed into a potential treatment for leukemia, according to researchers at the University of Pennsylvania....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
