https://knews.kathimerini.com.cy/en/business/1-square-one-capital-the-developer-turned-fund-manager-targeting-cyprus-s-next-residential-wave
A Limassol-based developer with 33 active projects is raising a €200M opportunistic real estate fund targeting 25% net IRR. Here's why the timing is right — and why this team is built to deliver it....
https://knews.kathimerini.com.cy/en/news/alcohol-and-drugs-behind-24-of-fatal-road-crashes-in-cyprus
Alcohol and drug use remain a major factor behind deadly road crashes in Cyprus, accounting for roughly one in four fatal collisions....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-drop-saturday-after-last-minute-delay
A long-awaited reduction in fuel taxes meant to ease pressure on households will not begin Thursday as originally planned but instead take effect at midnight on April 4, giving fuel companies time to adjust prices before motorists see the savings....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-course-for-offshore-gas-production-by-2027-2028
Cyprus is aiming to begin producing natural gas from offshore reserves between late 2027 and early 2028, according to Energy Minister Michalis Damianos. ...
https://knews.kathimerini.com.cy/en/news/cyprus-ceos-highlight-key-skills-shortage-as-a-top-concern
The findings of the 15th Annual PwC Cyprus CEO Survey, in which 77 business leaders from Cyprus participated this year, provide valuable insights into the challenges and risks shaping the business environment....
https://knews.kathimerini.com.cy/en/news/4-attacks-in-5-months-limassol-businessman-targeted-again
For the fourth time in roughly five months, a well-known 40-year-old businessman from Limassol has found himself in the crosshairs of crime....
https://knews.kathimerini.com.cy/en/news/€8-250-in-fines-issued-after-crackdown-on-illegal-passenger-transport
Authorities in carried out a series of targeted inspections in mid-March to address unlawful passenger transport, resulting in fines totaling €8,250 and multiple violations being recorded....
https://knews.kathimerini.com.cy/en/comment/opinion/circumstance-waits-for-no-one
Cyprus is no stranger to crises or shocks, whether they come from external or internal forces. Its geopolitical position makes it especially vulnerable to instability, but it also places the country at the center of developments that directly shape its economic activity....
https://knews.kathimerini.com.cy/en/news/€200m-support-package-launched-to-help-cypriots-weather-crisis
The Cypriot government rolled out an eight-part support package Monday aimed at helping households, businesses, and farmers weather the economic impact of the ongoing war in the Middle East....
https://knews.kathimerini.com.cy/en/news/two-arrested-after-bomb-blast-targets-limassol-restaurant
Police have arrested two young men in connection with an explosion caused by an improvised explosive device outside a restaurant owned by a well-known businessman in Limassol, authorities said Thursday....
https://knews.kathimerini.com.cy/en/news/government-to-roll-out-economic-support-measures-today
President Nikos Christodoulides is expected to announce a new package of economic support measures Thursday aimed at helping businesses and households feeling the financial ripple effects of the war in the Middle East, as rising energy costs and prices continue to weigh on the island’s economy....
https://knews.kathimerini.com.cy/en/news/bomb-attack-targets-limassol-restaurant-for-third-time
Limassol CID officers are continuing investigations following a bomb explosion early Tuesday morning at a restaurant owned by a well-known businessman in the Limassol Castle and Old Port area, marking the third time his property has been targeted by criminal elements....
https://knews.kathimerini.com.cy/en/news/cyprus-delivers-first-conviction-in-ai-child-abuse-case
A court in Limassol has issued what is believed to be the first conviction in Cyprus involving crimes carried out with the use of artificial intelligence, specifically in connection with material depicting the sexual abuse of minors....
https://knews.kathimerini.com.cy/en/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/news/hms-dragon-arrives-in-cyprus-after-two-week-journey-from-portsmouth
A British naval destroyer, HMS Dragon, has arrived in Cyprus after a journey of nearly two weeks from Portsmouth, where it departed on March 10. The deployment is intended to reinforce air defense capabilities at the UK’s bases on the island....
https://knews.kathimerini.com.cy/en/news/350-400-new-colorectal-cancer-cases-reported-annually-in-cyprus
Around 350–400 people in Cyprus are diagnosed with colorectal cancer each year, making it one of the most common cancers on the island. Health specialists warn that, despite these figures, the disease is largely preventable and highly treatable when identified early....
https://knews.kathimerini.com.cy/en/news/government-weighs-return-of-mortgage-to-rent-scheme-to-help-homeowners-avoid-foreclosure
As debate continues over changes to foreclosure laws and Parliament races to pass legislation that will reshape the framework, the Mortgage to Rent scheme has once again come into focus....
https://knews.kathimerini.com.cy/en/news/us-israel-strike-iran-s-natanz-nuclear-site-in-major-escalation-bunker-buster-bombs-reported
A joint military operation involving the United States and Israel has struck Iran’s Natanz nuclear enrichment site, marking a significant development in the ongoing conflict....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-launches-world-of-needs-strategic-re-orientation-of-the-non-food-range
The aim is to intuitively guide consumers through six clear thematic worlds, establishing Lidl as a leader in categories such as household goods, tools, toys, fashion, sports, and leisure....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-rise-again-as-war-driven-costs-mount
Another jump in fuel prices appears inevitable for Cyprus, the head of the island’s gas station association warned Thursday, as global tensions continue to push energy costs higher....
https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions
Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....
https://knews.kathimerini.com.cy/en/news/government-considers-reopening-housing-relief-scheme
The government is considering reopening the “Rent in Exchange for Installment” housing scheme for a limited period of a few months, as pressure grows to address ongoing foreclosure issues affecting borrowers....
https://knews.kathimerini.com.cy/en/news/gunfire-targets-two-homes-in-ayia-napa
Authorities in the Famagusta district are looking into a shooting incident that targeted two residences in Ayia Napa during the early hours of Thursday....
https://knews.kathimerini.com.cy/en/business/war-s-ripple-effect-reaches-cyprus-tourism
A negative climate is developing in Cyprus’s tourism sector during the spring season as the ongoing conflict in the Middle East begins to affect the country. Early signs show a slowdown in bookings and an increase in cancellations....
https://knews.kathimerini.com.cy/en/news/lidl-and-uefa-launch-unique-strategic-partnership
Lidl becomes a UEFA Take Care Nutrition and Grassroots Partner and, through this partnership, creates societal value through the connection of sport and conscious nutrition....
https://knews.kathimerini.com.cy/en/news/eu-turns-down-trump-s-request-for-help-in-hormuz-as-cracks-show-over-ukraine
The European Union has effectively rejected a request by Donald Trump for European assistance in safeguarding the Strait of Hormuz, with EU foreign policy chief Kaja Kallas making clear that the conflict with Iran “is not a European war” and that ''no one wants active involvement.''
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https://knews.kathimerini.com.cy/en/news/lebanon-s-war-displaces-over-one-million-raising-fears-of-a-new-migration-wave
More than one million people have been displaced in Lebanon since the latest war between Israel and Hezbollah erupted on March 2, the Lebanese government reported Tuesday....
https://knews.kathimerini.com.cy/en/news/foreclosure-suspensions-keep-returning-in-cyprus
A new effort to suspend foreclosures is underway until the end of the year. Members of parliament are dissatisfied with the current foreclosure framework, and just days before Parliament dissolves ahead of the parliamentary elections, numerous legislative proposals are on the table. ...
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories
Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...
https://knews.kathimerini.com.cy/en/news/safecy-app-upgraded-to-deliver-real-time-emergency-alerts-across-the-island
Cyprus authorities are upgrading the SafeCY mobile application to send emergency alerts directly to people’s phones, aiming to close a key gap in the country’s public warning system....
