https://knews.kathimerini.com.cy/en/business/chamber-of-commerce-pushes-for-overhaul-of-tax-bill-to-attract-global-cypriot-talent
The Cyprus Chamber of Commerce and Industry (KEBE) is calling for key revisions and broader strategic planning in the government’s “Minds in Cyprus” tax bill, aimed at attracting talent from the Cypriot diaspora....
https://knews.kathimerini.com.cy/en/news/no-place-like-home-as-israelis-flee-uncertainty-sail-back-from-cyprus
More than 1,600 Israeli nationals boarded the Crown Iris cruise ship from the port of Limassol on Thursday in a large-scale repatriation effort aimed at getting citizens back home amid rising regional tensions....
https://knews.kathimerini.com.cy/en/comment/opinion/they-hung-annita-out-to-dry
What can one say about highways, marinas, ports, and other major projects that either never finish or, when they do, cost multiples and are riddled with unbelievable delays that are never properly accounted for?...
https://knews.kathimerini.com.cy/en/news/say-it-isn-t-so-the-trump–elon-bromance-blows-up-online
Say it isn’t so--Donald Trump and Elon Musk, the political-tech power couple that once couldn’t stop praising each other, have officially entered the ugly-breakup phase. And they’re doing it the 2025 way: firing missiles on their own social media platforms....
https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...
https://knews.kathimerini.com.cy/en/news/u-s-to-eu-drop-your-tariffs-or-face-new-trade-war-financial-times-reports
In a stark escalation of trade tensions, the United States is pressing the European Union to drop tariffs on American goods without expecting the same in return or face a new wave of steep US duties, the Financial Times reports....
https://knews.kathimerini.com.cy/en/news/christodoulides-calls-on-cypriots-abroad-to-come-home-‘cyprus-needs-your-talent
President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: come home and help build the future of Cyprus....
https://knews.kathimerini.com.cy/en/life/i-con-2025-cyprus-hottest-tech-and-marketing-event-returns-to-limassol
One of Cyprus’ most buzzed-about business events is back and bigger than ever. The Island Conference (i-Con) returns for its third edition on 29–30 May 2025, transforming the City of Dreams Mediterranean in Limassol into a hub of global innovation, marketing, and digital opportunity....
https://knews.kathimerini.com.cy/en/news/cypriot-mep-fidias-panayiotou-faces-backlash-over-moscow-visit
Phidias Panagiotou, a Cypriot Member of the European Parliament (MEP), is facing potential consequences for his trip to Moscow to celebrate Russia’s Victory Day, alongside a small group of European lawmakers, during the ongoing Russian invasion of Ukraine....
https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
https://knews.kathimerini.com.cy/en/news/cyprus-taken-to-eu-court-again-over-dangerous-unfinished-landfills
The European Commission has decided to drag Cyprus back to the European Court of Justice, this time over a long-standing failure to clean up two problematic landfills that have been sitting idle but unsafe for years....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-woo-cypriot-talent-abroad-at-london-‘brain-gain-event
President Nikos Christodoulides is inviting Cypriots living in the UK to a special event in London on Wednesday, May 21, as part of the government’s "Brain Gain" initiative....
https://knews.kathimerini.com.cy/en/news/50-of-recyclables-in-koshi-are-landfilled
50% of recyclable products sent to Koshi are being landfilled in the cell at the factory there, while recyclables from Limassol and Paphos, at least in recent months, are being exported abroad for management....
https://knews.kathimerini.com.cy/en/news/man-s-time-runs-out-at-larnaca-airport-over-undeclared-luxury-watches
A passenger arriving from Switzerland was forced to pay more than €29,000 at Larnaca Airport after customs officers found two undeclared luxury watches valued at over €100,000 in his luggage....
https://knews.kathimerini.com.cy/en/business/from-brain-drain-to-brain-gain-cyprus-rolls-out-incentives-to-bring-talent-home
The Cypriot government has approved a plan to offer tax breaks to citizens working abroad in a bid to reverse the country’s “brain drain,” a government spokesperson said Wednesday....
https://knews.kathimerini.com.cy/en/news/cyprus-means-business-christodoulides-wraps-up-high-stakes-u-s-investment-tour
Cyprus Means Business: Christodoulides Wraps Up High-Stakes U.S. Investment Tour
Subtitle:
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https://knews.kathimerini.com.cy/en/business/consulco-s-lc-london-credit-aif-v-c-i-c-public-ltd-london-credit-fund-launches-compartment-c
Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...
https://knews.kathimerini.com.cy/en/comment/opinion/brain-gain-as-cypriots-return-to-growing-opportunities
The door has opened. There’s a flow of talent heading to Cyprus, driven by the country’s growing need for skilled workers, especially in technology and ICT. ...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-‘together-we-are-changing-cyprus
President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....
https://knews.kathimerini.com.cy/en/news/putin-gives-green-light-for-western-companies-to-return-but-on-russia-s-terms
Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....
https://knews.kathimerini.com.cy/en/news/anti-immigration-rhetoric-grows-but-immigrants-could-help-europe-s-aging-populations
The rise of far-right, anti-immigration politics across Europe is threatening to accelerate the continent’s demographic decline, experts warn, potentially triggering economic instability, labor shortages, and soaring costs for elderly care....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/comment/opinion/maga-make-averof-great-again
Never before has the slogan of DISY ''seismos seismos, Synagermos'' (or roughly translated: ''earthquake, earthquake, DISY'' been more fitting than in the days we're living through now (It does sound better in Greek though don't you agree?). ...
https://knews.kathimerini.com.cy/en/news/illegal-tobacco-stash-found-in-daycare-nursery
Authorities in Cyprus have made a series of eyebrow-raising discoveries in recent days, seizing large quantities of untaxed tobacco—one of which was found in an unexpected and highly unusual location: a daycare nursery....
https://knews.kathimerini.com.cy/en/news/€8-million-and-counting-as-crete-cyprus-interconnector-delays-pile-up
The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....
https://knews.kathimerini.com.cy/en/news/mohamed-salem-case-acquitted-on-naturalisation-charges
The Supreme Court on Thursday acquitted most of the defendants in a case involving irregularities in the Cyprus Investment Programme (CIP) related to the naturalisation of investor Mohamed Salem and his family....
https://knews.kathimerini.com.cy/en/business/greek-companies-dominate-cyprus-market-with-expanding-investments
In recent years, a wave of Greek companies has been making significant strides in Cyprus, investing across various sectors and expanding their reach....
https://knews.kathimerini.com.cy/en/news/offside-with-the-taxman-as-football-execs-face-€35-5m-penalty-shootout
The technocrats of the Tax Department are continuing the process of finalizing indictments against football clubs....
https://knews.kathimerini.com.cy/en/news/1-ai-to-shake-up-banking-putting-thousands-of-jobs-at-risk
The global banking industry is bracing for a seismic shift as artificial intelligence (AI) continues to revolutionize the sector. A recent study by Bloomberg Intelligence predicts that up to 200,000 jobs in banking will be eliminated over the next three to five years as AI takes over tasks currently performed by employees....
https://knews.kathimerini.com.cy/en/news/2024-a-year-of-change-and-controversy-in-cyprus
2024 was a year of upheaval and drama for Cyprus, marked by significant changes, political reshuffling, court decisions, and constitutional challenges. The events listed below highlight some of the most important moments that defined the year.
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