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12° Nicosia,
11 November, 2026
 

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1. Mayor of Akamas Marinos Lambrou Attends the 35th International Mayors Conference in Israel

https://knews.kathimerini.com.cy/en/business/mayor-of-akamas-marinos-lambrou-attends-the-35th-international-mayors-conference-in-israel

Under the central theme “Technology and Artificial Intelligence: Empowering the Cities of Tomorrow”, this year’s conference focuses on the opportunities presented by emerging technologies to modernise cities, enhance the efficiency of municipal services and improve the daily lives of citizens. ...

2. Cyprus sets target of 3,000 AI professionals by 2032

https://knews.kathimerini.com.cy/en/business/cyprus-sets-target-of-3-000-ai-professionals-by-2032

Cyprus aims to develop at least 3,000 artificial intelligence professionals by 2032, as the Government steps up efforts to prepare the workforce and education system for the growing role of the technology....

3. Government gives farms green light to start restocking after foot-and-mouth outbreak

https://knews.kathimerini.com.cy/en/news/government-gives-farms-green-light-to-start-restocking-after-foot-and-mouth-outbreak

Cyprus has begun clearing farms to restock after the foot-and-mouth disease outbreak, starting with 28 lambs that arrived Tuesday at a farm in Pachna....

4. Freedom’s European Brokerage Business Wins Two Finance Magnates Awards 2026

https://knews.kathimerini.com.cy/en/business/freedom-s-european-brokerage-business-wins-two-finance-magnates-awards-2026

Freedom, the European brokerage business of Freedom Holding Corp., has won two categories at the Finance Magnates Awards 2026: Best Brokerage Services Provider 2026 and Best Multi-Asset Investment Provider 2026. ...

5. Cyprus’ national AI strategy goes to Cabinet

https://knews.kathimerini.com.cy/en/news/cyprus-national-ai-strategy-goes-to-cabinet

Cyprus’ National Artificial Intelligence Strategy goes before the Cabinet at 3:30 p.m. Tuesday and is expected to win approval. Nicodemos Damianou, deputy minister of research, innovation and digital policy, finalized the strategy after public consultation....

6. Cyprus records 92% drop in irregular migration since 2022

https://knews.kathimerini.com.cy/en/news/cyprus-records-92-drop-in-irregular-migration-since-2022

Cyprus has recorded a 92% reduction in irregular migration flows since 2022, with sea arrivals brought to a halt and crossings along the Green Line sharply reduced, Deputy Minister of Migration Nikolas Ioannides told MPs on Monday....

7. Europe wants to stay competitive, but it needs more workers

https://knews.kathimerini.com.cy/en/news/europe-wants-to-stay-competitive-but-it-needs-more-workers

Limited resources and a shortage of workers are among Europe’s biggest challenges, Greek Deputy Foreign Minister Tasos Chatzivasileiou said at The Economist’s 22nd Annual Cyprus Summit in Nicosia. The question, he said, is how Europe can turn those pressures into opportunities....

8. Cyprus can attract investors, but can it make it easier for them to grow?

https://knews.kathimerini.com.cy/en/business/cyprus-can-attract-investors-but-can-it-make-it-easier-for-them-to-grow

A small business can find a funding program that fits its plans and still struggle to get through the application. A company looking to expand can spend months waiting for a decision without knowing when it will come. ...

9. Bank of Cyprus introduces Cyprus’ first AI banking assistant.

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-introduces-cyprus-first-ai-banking-assistant

Bank of Cyprus has become the first bank in Cyprus to offer an AI banking assistant with the launch of DANAI, a new digital service that harnesses Artificial Intelligence to make everyday banking support even simpler and more immediate. Through the Bank’s Mobile App, customers can quickly receive answers to everyday banking questions at any time of the day. ...

10. Fitch upgrades Cyprus to ‘A’ on strength of public finances

https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances

Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....

11. GSI's final cost remains unclear

https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear

The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....

12. Cyprus falls behind in the race to become a regional trade hub

https://knews.kathimerini.com.cy/en/business/cyprus-falls-behind-in-the-race-to-become-a-regional-trade-hub

Cyprus’ ambition to become a regional trade hub is running up against reality. Its strategic location offers clear advantages, but turning those advantages into a competitive trading center remains a distant prospect....

13. Two for one on medical opinions: Greek doctors say Black Friday has gone too far

https://knews.kathimerini.com.cy/en/news/two-for-one-on-medical-opinions-greek-doctors-say-black-friday-has-gone-too-far

Black Friday discounts have found an unlikely new target: medical diagnoses and doctors' certificates. Athens' medical community is not amused, warning that healthcare is not a supermarket bargain....

14. Dangerous cannabinoids found in e-cigarette liquids

https://knews.kathimerini.com.cy/en/news/dangerous-cannabinoids-found-in-e-cigarette-liquids

The Cyprus National Addictions Authority has warned the public about e-cigarette liquids and herbal products containing potentially dangerous substances, some of which may have unpredictable effects on users....

15. Seven Limassol communities get access to small business grants of up to €50,000

https://knews.kathimerini.com.cy/en/news/seven-limassol-communities-get-access-to-small-business-grants-of-up-to-€50-000

If you’ve been thinking about opening a day care center in Pissouri or expanding a creative workshop in Episkopi, a new grant could cover half the cost. A €250,000 scheme is offering up to €50,000 per project to very small and small businesses in seven Limassol district communities....

16. Cyprus' public hospital unions call off next week's 2-day strike

https://knews.kathimerini.com.cy/en/news/cyprus-public-hospital-unions-call-off-next-week-s-2-day-strike

Patients at Cyprus’ public hospitals have one less thing to worry about next week. Six unions representing staff at the State Health Services Organization, known as OKYpY, suspended a planned 48-hour strike after receiving a written proposal to renew their collective agreement....

17. Cyprus’s external gap widens as growth holds up

https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up

Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure. ...

18. From the pump to the power bill, costs climb in Cyprus

https://knews.kathimerini.com.cy/en/news/from-the-pump-to-the-power-bill-costs-climb-in-cyprus

You can put off buying a new pair of shoes. Filling up the car to get to work or paying the electricity bill is harder to put off. In October, those everyday costs helped push Cyprus’ annual inflation rate to 4.4%, up from 3.7% in September....

19. Cyprus blood stocks rise with national strategy set to improve supplies

https://knews.kathimerini.com.cy/en/news/cyprus-blood-stocks-rise-with-national-strategy-set-to-improve-supplies

Blood supplies available to hospitals across Cyprus have increased in recent weeks, improving the ability of blood banks to meet medical demand, according to Maria Adamou, head of the island's hospital blood banks....

20. Limassol Carnival 2027 parade sign-ups open Nov. 17

https://knews.kathimerini.com.cy/en/news/limassol-carnival-2027-parade-sign-ups-open-nov-17

If your group chat has already settled on a Carnival theme, here’s the date to put in the calendar. Limassol Municipality will start taking applications for the 2027 Carnival Grand Parade on Tuesday, Nov. 17, for groups entering a float or joining on foot....

21. Suspected Botox seized from passenger’s luggage at Larnaca Airport

https://knews.kathimerini.com.cy/en/news/suspected-botox-seized-from-passenger-s-luggage-at-larnaca-airport

Customs officers at Larnaca Airport found six vials used in cosmetic treatments in a passenger’s luggage. Days later, Cyprus’ Pharmaceutical Services confirmed the products had no approval to be sold in the country....

22. Cyprus pupils urged to use school break to back French students' protests

https://knews.kathimerini.com.cy/en/news/cyprus-pupils-urged-to-use-school-break-to-back-french-students-protests

A banner in the schoolyard or a symbol made out of schoolbags. That’s how Cyprus’ national student committee is asking pupils to show support for their French counterparts on Thursday, as students and workers in France prepare for a nationwide day of protests....

23. Some social welfare officers juggle up to 150 cases each

https://knews.kathimerini.com.cy/en/news/some-social-welfare-officers-juggle-up-to-150-cases-each

A single social welfare officer in Cyprus can be responsible for as many as 150 open cases, far above the international benchmark of 20 to 40, lawmakers heard. In Nicosia, the average caseload is more than 100....

24. Freedom24 plans Geneva office for Q1 2027, deepening ties with Swiss finance and research

https://knews.kathimerini.com.cy/en/business/freedom24-plans-geneva-office-for-q1-2027-deepening-ties-with-swiss-finance-and-research

Geneva combines international finance, wealth management and institutional trust with access to world-class research and innovation. Freedom24 sees opportunities to connect its digital financial expertise and the group’s technological capabilities with Switzerland’s financial and scientific ecosystem. ...

25. Javokhir Sindarov: A Grand Return to Cap St Georges Hotel & Resort

https://knews.kathimerini.com.cy/en/business/javokhir-sindarov-a-grand-return-to-cap-st-georges-hotel-resort

Grandmaster Javokhir Sindarov has returned to Cap St Georges Hotel & Resort, this time to prepare for the FIDE World Championship Match 2026, where he will challenge reigning World Chess Champion Gukesh D. of India for the world title. The prestigious match is scheduled to take place in Geneva from 22 November to 12 December 2026. ...

26. Nicosia offers up to €150,000 for voluntary early retirement

https://knews.kathimerini.com.cy/en/news/nicosia-offers-up-to-€150-000-for-voluntary-early-retirement

Nicosia Municipality has announced a voluntary early retirement scheme aimed at reducing its fixed costs. The scheme allows for the departure of up to 25 employees, covering both permanent staff and those on indefinite-term contracts....

27. Infant with Legionnaires’ disease remains in critical condition

https://knews.kathimerini.com.cy/en/news/infant-with-legionnaires-disease-remains-in-critical-condition

The health of an infant diagnosed with Legionnaires’ disease remains critical, with doctors continuing to provide intensive treatment at Makarios Hospital in Nicosia....

28. Cyprus urges EU to intervene over planned Turkey–occupied areas gas pipeline

https://knews.kathimerini.com.cy/en/news/cyprus-urges-eu-to-intervene-over-planned-turkey–occupied-areas-gas-pipeline

Nicosia is seeking help from Brussels as plans advance for a subsea, bidirectional natural gas pipeline between Turkey and the self-declared ''turkish republic of northern cyprus.''...

29. Cypriots keep travelling despite rising airfares

https://knews.kathimerini.com.cy/en/news/cypriots-keep-travelling-despite-rising-airfares

Cypriots’ appetite for travel remains undiminished despite rising airfares. Ticket prices have already increased, but—for now, at least—people are not cutting back on trips abroad....

30. Energy prices jump 21% in September putting households under pressure

https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure

Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....

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