https://knews.kathimerini.com.cy/en/business/tehran-weighs-closing-strait-of-hormuz
Iran is seriously considering closing the Strait of Hormuz, a vital waterway for global oil shipments, according to a report by Iranian state broadcaster IRINN....
https://knews.kathimerini.com.cy/en/business/oil-and-gas-prices-surge-after-attack-on-iran-nuclear-sites
Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....
https://knews.kathimerini.com.cy/en/news/nicosia-businesses-and-residents-demand-makarios-avenue-reopens-to-traffic
A coalition of local shopkeepers, residents, and small business owners in Nicosia’s historic shopping district is calling for the city to reopen Makarios Avenue to car traffic immediately. ...
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/comment/opinion/god-save-the-king-and-the-grid-politics-power-and-sheepish-wolves-in-cyprus
In today’s royal photo op, the president raises a toast to our dearly beloved King Charles, who celebrated his birthday yesterday. God save the King, from the Queen. Cheers....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-eyes-return-to-cyprus-after-nearly-a-decade
Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....
https://knews.kathimerini.com.cy/en/news/what-s-behind-narendra-modi-s-visit-to-cyprus
Government officials consider the upcoming official visit of Indian Prime Minister Narendra Modi to Cyprus this Sunday to be of particular importance for both geopolitical reasons and bilateral relations between the two countries....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-to-host-20-000-visitors-during-upcoming-eu-council-presidency
Cyprus is preparing to welcome approximately 20,000 visitors, including delegates and journalists, during its upcoming six-month Presidency of the Council of the European Union, Deputy Minister for European Affairs Marilena Raouna said Wednesday....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cancer-center-hits-back-at-union-over-firing-dispute
The Oncology Center of the Bank of Cyprus expressed disappointment Tuesday over recent strike actions announced by unions OUYK-SEK and SEVETTYK-PEO, firmly rejecting claims of illegal or irregular employee dismissal....
https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem
A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/news/parliamentary-committee-to-publish-t-c-property-lists-every-three-months
In a move aimed at boosting fairness and transparency, Cyprus’s Parliamentary Committee on Refugees announced Tuesday that updated lists of available Turkish Cypriot properties will be published every three months online....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-official-threatens-arrests-in-property-row
A senior Turkish Cypriot official has threatened to issue arrest warrants, potentially even international ones through Turkey, against individuals using Turkish Cypriot properties in the Republic-controlled south, ...
https://knews.kathimerini.com.cy/en/news/from-the-mekong-to-the-med-how-cyprus-and-cambodia-are-crafting-a-new-global-alliance
In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...
https://knews.kathimerini.com.cy/en/news/cyprus-police-unveil-new-armored-vehicle-for-anti-terror-raids-and-rescues
The Cyprus Police Force is upgrading its tactical response capabilities with the addition of a new armored vehicle to its fleet, specifically for the Special Anti-Terrorist Unit (EAO) of MMAD....
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/eu-approves-rules-allowing-airlines-to-charge-for-cabin-baggage
EU transport ministers on Thursday approved updated air passenger rights rules that include allowing airlines to charge for carry-on cabin baggage, despite opposition from Germany, Spain, Portugal, and Slovenia....
https://knews.kathimerini.com.cy/en/news/75-year-old-in-serious-condition-after-being-hit-during-charity-bike-race
A 75-year-old man is in serious condition after he was struck by a bicycle during a charity cycling race in Ormidia on Saturday....
https://knews.kathimerini.com.cy/en/comment/opinion/will-they-at-least-stabilize
In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....
https://knews.kathimerini.com.cy/en/news/27-year-old-man-found-dead-after-house-fire-in-ypsonas
A 27-year-old man was found dead Saturday afternoon following a house fire in the Ypsonas area of Limassol....
https://knews.kathimerini.com.cy/en/news/heads-up-low-flying-helicopters-to-clean-power-lines-across-cyprus
The Electricity Authority of Cyprus (EAC) has announced that a helicopter will be flying low over towns and villages across the island from June 10 to June 30, as part of a scheduled maintenance program to clean high-voltage insulators on transmission lines....
https://knews.kathimerini.com.cy/en/business/new-eu-rules-mean-less-compensation-for-travelers
If you’re heading off on holiday this summer, hoping your flight goes smoothly, here’s something to keep in mind: the EU just agreed on new rules that cut the amount airlines have to pay passengers when flights are delayed....
https://knews.kathimerini.com.cy/en/comment/opinion/nikos-tornaritis-heartfelt-tribute-turned-chatgpt-blunder-and-other-political-mishaps
The son of the former Auditor General, Philippos Michaelides, wrote, among other things, the following: “Annita Demetriou is the best example of how connections can turn you from an ordinary mortal, a political science graduate no less, into Speaker of the House and leader of the largest political party…”...
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/cyprus-slips-into-deflation-for-the-first-time-since-2021
Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/tornaritis-launches-get-up-movement-politics-but-run-like-a-business
Christoforos Tornaritis has unveiled the first glimpse of his new political movement, ''Get Up,'' which promises to ditch traditional politics in favor of what he calls a more professional, business-style approach to running the country....
https://knews.kathimerini.com.cy/en/business/alpha-bank-sets-sights-on-cyprus-insurer-altius-in-expansion-push
Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....
