https://knews.kathimerini.com.cy/en/news/cypriots-fill-supermarket-carts-as-dining-out-declines
Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....
https://knews.kathimerini.com.cy/en/business/fuel-market-shake-up-under-investigation
Cyprus’s competition watchdog has launched a full investigation into Petrolina’s planned takeover of ExxonMobil Cyprus, warning the deal could harm competition in the country’s fuel market....
https://knews.kathimerini.com.cy/en/news/limassol-woman-accused-of-defrauding-€150-000-in-property-scheme
Police in Limassol have arrested a 44-year-old woman accused of scamming more than €150,000 through fraudulent property deals involving land in the island’s Turkish-occupied north....
https://knews.kathimerini.com.cy/en/news/bidx1-brings-bargains-to-the-block-in-september-auction
New BidX1 catalogue launched – 10 houses & apartments in Pegeia among highlights...
https://knews.kathimerini.com.cy/en/news/cyprus-beer-market-hts-a-flat-spot-in-august
Beer sales in Cyprus went flat in August, with total deliveries down 5.1% compared to the same month last year, according to official data released Friday....
https://knews.kathimerini.com.cy/en/news/priests-and-police-caught-in-drug-and-arms-ring
Greek police have dismantled a sprawling criminal network in Chania that involved not only hardened criminals but also businessmen, police officers, and even clergymen, authorities said Wednesday....
https://knews.kathimerini.com.cy/en/news/mercedes-sells-nissan-stake-as-japanese-carmaker-struggles-with-losses-and-job-cuts
Mercedes-Benz has cashed out of Nissan, selling its 3.8% stake for €279.6 million ($307 million), raising fresh questions about the Japanese automaker’s future....
https://knews.kathimerini.com.cy/en/news/the-board-of-british-cypriots-urges-london-to-clarify-terms-over-fighter-jet-sales-and-regional-security
The U.K.–Turkey defense agreement announced last month, which includes the sale of 40 Eurofighter Typhoon jets and broader defense cooperation between the two countries, has drawn strong reactions from the Cypriot community in Britain....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-property-market-sizzles-in-july
Even though July marks the start of summer holidays for Cypriots, the month delivered a strong push to the property market....
https://knews.kathimerini.com.cy/en/business/cyprus-shopping-bill-outpaces-its-sales-trade-deficit-grows-in-first-half-of-2025
New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....
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/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/study-finds-alcohol-use-in-cyprus-spikes-tenfold-during-summer
Alcohol consumption in Cyprus surges nearly tenfold during the summer months in tourist areas, according to the country’s first wastewater-based epidemiological study....
https://knews.kathimerini.com.cy/en/news/court-says-no-to-medical-release-of-israeli-developer-accused-in-land-scam
A Cypriot court on Monday rejected a request to release Israeli businessman Shimon Aykut from custody, ruling that local medical services are sufficient to address his health concerns....
https://knews.kathimerini.com.cy/en/business/aegean-invests-in-two-new-airbus-a321neo-xlr-aircraft-with-even-greater-range-and-comfort
AEGEAN announces the addition of two (2) new Airbus A321neo XLR (Extra Long Range) aircraft with an even longer range of up to 10.5 hours, while accelerating the initiation of its flights to India, in March 2026. ...
https://knews.kathimerini.com.cy/en/news/police-seize-knives-bat-brass-knuckles-in-larnaca
Five individuals were arrested in Larnaca during a coordinated police operation targeting crime and public safety, authorities said Thursday....
https://knews.kathimerini.com.cy/en/business/bidx1-to-hold-major-property-auction-on-30th-july-featuring-homes-from-€60k-and-online-bidding-access
BidX1, the property auction platform, has announced that it will hold a large auction on Wednesday 30th July, offering homebuyers, investors, and developers an exciting opportunity to secure real estate in Cyprus before the summer slow-down....
https://knews.kathimerini.com.cy/en/business/coca-cola-hbc-cyprus-boosts-economy-employment-study-finds
Coca-Cola HBC Cyprus contributes 0.3% to Cyprus’ GDP and national employment, according to a 2024 study by EY Cyprus Advisory Services Ltd. The findings, unveiled during a stakeholder event, underscore the company’s substantial role in the country’s economy and labor market....
https://knews.kathimerini.com.cy/en/news/cyprus-taps-u-s-and-eu-defense-funds-to-strengthen-military
Cyprus is taking steps to strengthen its military capabilities with help from both the European Union and the United States, government officials announced on Wednesday, marking another sign of deepening strategic ties between Nicosia and Washington....
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/cyprus-is-being-bought-and-the-state-doesn-t-seem-to-know-or-care
About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sheds-€2-5b-in-real-estate-marks-biggest-property-sale-in-island-s-history
The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....
https://knews.kathimerini.com.cy/en/business/columbia-group-buys-venus-rock-golf-for-€132m-in-one-of-cyprus-biggest-real-estate-deals
One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....
https://knews.kathimerini.com.cy/en/news/israel-tolerates-no-criticism-and-wants-to-control-everything-akel-leader-says
AKEL Secretary-General Stefanos Stefanou rejected accusations of antisemitism following criticism from Israeli Ambassador to Cyprus Oren Anolik, stating the party opposes all forms of hatred and misanthropy....
https://knews.kathimerini.com.cy/en/news/cyprus-influencer-and-family-arrested-in-€1-million-crime-ring-linked-to-convicted-felon
A 37-year-old Nicosia socialite, businesswoman, and influencer was arrested Friday in connection with a sprawling criminal operation involving drug trafficking, illegal gambling, and money laundering that reportedly generated €1 million in recent months, police said....
https://knews.kathimerini.com.cy/en/news/vapes-worse-than-cigarettes-some-brands-are
You might want to think twice before reaching for that flavored vape. It could be exposing you to more cancer-causing toxins than a pack of cigarettes....
https://knews.kathimerini.com.cy/en/news/jazeera-airways-resumes-direct-flights-between-larnaca-and-kuwait
Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....
https://knews.kathimerini.com.cy/en/news/larnaca-on-the-rise-as-new-homes-fuel-real-estate-boom
Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....
https://knews.kathimerini.com.cy/en/news/two-arrested-in-athens-for-illegal-pet-trafficking
Two people, a 42-year-old foreign man and a 45-year-old Greek woman, were arrested Wednesday in Agia Paraskevi, northern Athens, for illegally trafficking companion animals. The operation, led by the Spata-Artemida Police Department, uncovered over 86 online ads for animal sales....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness
The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....
