https://knews.kathimerini.com.cy/en/news/larnaca-airport-vendors-dodge-60-cent-water-price-cap
Travelers passing through Larnaca Airport might be surprised to find that while a government-mandated price cap sets the cost of a 500ml bottled water at just 60 cents, actually finding one at that price is a different story....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/the-palestinian-state-that-almost-was-according-to-ehud-olmert
Speaking in a yet-to-be-aired BBC documentary Israel and the Palestinians: The Road to 7th October, Olmert described his proposal as a historic opportunity for peace. ...
https://knews.kathimerini.com.cy/en/news/deadly-fire-sparks-urgent-calls-for-electrical-safety-overhaul
A tragic fire in Limassol that claimed five lives has reignited concerns over electrical safety regulations in Cyprus. Experts are pointing to serious lapses in oversight, faulty installations, and a lack of routine inspections as key factors behind preventable fires....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-cancels-plan-to-sell-jcc-payment-systems
The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....
https://knews.kathimerini.com.cy/en/life/limassol-s-beloved-aris-club-temporarily-shuttered-amid-heroes-square-revamp
For nearly a century, the Aris Limassol Club has been a staple of the city’s culture—not just as a historic association, but as a beloved tavern serving up some of the best meze in town. ...
https://knews.kathimerini.com.cy/en/news/weed-wipeout-as-authorities-seize-1-450-cannabis-products
More than 1,450 cannabis-based products were seized by police in 2024 and January 2025....
https://knews.kathimerini.com.cy/en/business/superhome-center-sold-to-greek-company-for-€94-million
The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....
https://knews.kathimerini.com.cy/en/business/dimitra-shareholders-face-tough-decision-over-logicom-s-€1-55-offer
The decision facing thousands of shareholders of Dimitra Investment is not an easy one....
https://knews.kathimerini.com.cy/en/business/tiktok-goes-dark-in-the-us-what-happened-and-what-s-next
TikTok, the popular social media app, disappeared from U.S. app stores late Saturday night after a federal law banning its operation came into effect. ...
https://knews.kathimerini.com.cy/en/business/f1-s-bernie-ecclestone-to-part-with-iconic-race-car-collection
Former Formula 1 boss Bernie Ecclestone, 94, is selling a portion of his legendary private grand prix car collection, a move he says reflects his desire to plan for the future of his prized vehicles. ...
https://knews.kathimerini.com.cy/en/business/eurobank-sells-€27m-stake-in-demetra-holdings
In a significant financial move, Eurobank announced the completion of the sale of its 8.58% stake in Demetra Holdings Plc to Logicom Services Limited. The deal, finalized on January 16, 2025, involved the sale of 17,152,353 shares at €1.55 per share, totaling approximately €27 million....
https://knews.kathimerini.com.cy/en/comment/opinion/why-are-cypriot-businesses-being-sold-off-to-foreign-interests
Greek businesses have made a significant impact on the Cypriot market, investing across virtually every sector—from real estate and hospitals to supermarkets, toy stores, energy, electronics, car dealerships, and even banks....
https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-cheaper-electricity-with-competitive-market-by-2025
The government is ramping up efforts to bring down electricity costs for households and businesses by July 2025 through the introduction of a competitive electricity market, Energy Minister George Papanastasiou announced on Tuesday. ...
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/life/walmart-s-$100-birkin-dupe-sparks-debate-and-raises-eyebrows
Walmart has caused a stir in the fashion world by offering a knockoff of the renowned Hermès Birkin bag, priced between $78 and $100—far less than the luxury version, which typically starts at $10,000...
https://knews.kathimerini.com.cy/en/life/looking-to-spend-a-night-out-in-larnaca-check-out-wiz-guide
Looking to try something new but don't know where to look?...
https://knews.kathimerini.com.cy/en/life/ikea-furniture-is-now-worth-a-small-fortune-–-here-s-why
We all know IKEA for its affordable, no-frills furniture: $1 storage bins, $10 desks, you name it. But what if I told you that some of their vintage pieces are now selling for way more than you’d ever imagine?...
https://knews.kathimerini.com.cy/en/business/hungarian-women-held-over-€58-5m-property-case
Two women, aged 61 and 53, are facing serious charges tied to the alleged illegal sale of Greek Cypriot properties worth €58.5 million in the occupied areas of Akanthos, Ayios Ambrosios, and Kalograia. ...
https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers
Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....
https://knews.kathimerini.com.cy/en/news/potato-prices-skyrocket-sparking-long-lines-in-occupied-areas
Potatoes have become the talk of the town in Cyprus, but not for the usual reasons. ...
https://knews.kathimerini.com.cy/en/news/ministry-mulls-subsidies-for-vulnerable-boat-owners-amid-marina-fee-dispute
The Ministry of Transport, Communications, and Works is considering subsidies for "vulnerable" boat owners, sparking a mix of curiosity and skepticism over who qualifies as "vulnerable" in this context....
https://knews.kathimerini.com.cy/en/news/vietnamese-tycoon-can-avoid-death-penalty-by-repaying-$9-billion
Truong My Lan, a 68-year-old property tycoon from Vietnam, has been sentenced to death for embezzling a staggering $27 billion in one of the country's largest fraud cases....
https://knews.kathimerini.com.cy/en/business/black-friday-buzz-as-shoppers-return-in-full-force
According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...
https://knews.kathimerini.com.cy/en/business/apple-quietly-discontinues-lightning-to-3-5mm-headphone-adapter
Apple has quietly pulled the plug on its once-essential Lightning to 3.5mm headphone adapter, marking the end of an era for iPhone users who relied on the small accessory....
https://knews.kathimerini.com.cy/en/business/amazon-launches-haul-a-low-cost-rival-to-temu-and-shein
Amazon is launching a new e-commerce platform called Haul, designed to offer shoppers incredibly low prices on a wide range of products, aiming to take on growing competition from Chinese brands like Temu and Shein....
https://knews.kathimerini.com.cy/en/news/temu-half-cyprus-is-better-than-none
The online shopping platform Temu is drawing criticism for selling a T-shirt with a slogan referencing the Cyprus issue. The shirt, priced at €11.90 on sale from an original €23.69, features the phrase...
https://knews.kathimerini.com.cy/en/business/bank-workers-union-sets-sights-on-big-move-in-bank-of-cyprus
Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....
https://knews.kathimerini.com.cy/en/news/theft-on-the-rise-police-urge-vigilance
Authorities in Cyprus are warning residents to stay vigilant as reports of theft continue to rise, including a recent case involving €10,000 worth of jewelry stolen from a home in the Kofinos area....
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
