https://knews.kathimerini.com.cy/en/business/revolut-outage-reveals-banks-vulnerability-to-cloud-service-failures
The disruption to Revolut services caused by a Google Cloud failure on October 20 has drawn attention to the reliance of everyday banking on external technology providers and the challenges financial institutions face when essential digital systems become unavailable....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-strengthens-its-leadership-team-with-three-new-partners
PwC Cyprus announces that Michalis Zourides , Lambros Kyriakides and Panayiotis Hadjiconstantinou will join the firm's Partnership, assuming their roles as Partners effective 1 January 2027.
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https://knews.kathimerini.com.cy/en/news/too-busy-to-shop-let-ai-find-the-deals-for-you
You need a new pair of trainers. You want them in your size, under €100, and delivered to Cyprus without a shipping fee that costs almost as much as the shoes....
https://knews.kathimerini.com.cy/en/business/trouble-in-the-financial-shadows-is-cyprus-ready
When inflation began to run out of control in the 1970s, a provision of the Glass-Steagall framework, then approaching its 40th anniversary, began to make its presence felt in the markets....
https://knews.kathimerini.com.cy/en/news/when-your-ai-assistant-gets-the-keys-to-your-bank-account
Checking the balance, sorting the bills, finding where the salary went: There is plenty of household banking most people would happily leave to an assistant. But what happens when that assistant can act on your account and does something you never asked it to do?...
https://knews.kathimerini.com.cy/en/business/indian-rupees-transactions-through-bank-of-cyprus
Transactions for businesses and individuals
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https://knews.kathimerini.com.cy/en/news/new-home-sales-jump-nearly-50-with-most-buyers-staying-below-€300-000
Cyprus’ new-home market posted gains on two fronts in the third quarter, with both sales and their combined value rising, according to an analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/news/european-prosecutors-freeze-greek-assets-in-€115m-cyprus-linked-vat-case
European prosecutors have frozen property and vehicles in Greece belonging to five people linked to an alleged multi-million-euro VAT fraud built around iPhone trading. The European Public Prosecutor’s Office estimates the unpaid tax at €115.5 million, with the bulk arising in Sweden....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme
Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....
https://knews.kathimerini.com.cy/en/comment/opinion/when-desperation-targets-the-wrong-person
Frustration over rising rents, traffic congestion and government inaction is fueling attacks on food delivery workers in Cyprus, with racism turning vulnerable migrants into easy targets. Addressing the root causes requires stronger government action, better regulation and anti-racism education....
https://knews.kathimerini.com.cy/en/news/bbc-deloitte-cyprus-helped-falsify-records-to-hide-abramovich-s-wealth
Deloitte Cyprus helped falsify documents to conceal Roman Abramovich’s wealth and appears to have advised on a scheme that allowed one of his companies to evade millions in Cypriot taxes, according to a joint investigation by BBC Panorama and the Bureau of Investigative Journalism....
https://knews.kathimerini.com.cy/en/business/could-we-soon-pay-without-visa-or-mastercard-europe-is-building-another-option
You pay for a coffee, buy something online or send money to a friend abroad. It takes seconds. But behind that everyday transaction lies a bigger question: who controls the systems that keep money moving?...
https://knews.kathimerini.com.cy/en/comment/opinion/house-prices-are-rising-are-we-building-homes-people-can-afford
The 8.5% rise in house prices in the second quarter of 2026 is a figure that rightly draws attention. For buyers, however, the question is simpler: Can I still afford a home in the area where I want to live?...
https://knews.kathimerini.com.cy/en/business/compliancesuite-wins-gold-at-the-compliance-awards-2026
Infocredit Group is proud to announce that ComplianceSuite, its integrated RegTech and compliance management platform, has been awarded GOLD at the Compliance Awards 2026 in the category “4.3 Best Compliance Platform.”
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https://knews.kathimerini.com.cy/en/news/eurobank-sets-its-sights-on-abu-dhabi-after-mumbai-expansion
It is becoming increasingly clear that banks are looking to establish representative offices in markets beyond the countries where they already operate, aiming to expand their business and, ultimately, increase profits....
https://knews.kathimerini.com.cy/en/business/israeli-investment-and-migration-reshape-cyprus-property-market
The Republic of Cyprus is seeing a growing Israeli presence as more Israelis buy homes, establish businesses and invest in large-scale developments, with some choosing to make the island their permanent home....
https://knews.kathimerini.com.cy/en/business/deloitte-s-second-cultivating-success-stories-of-innovation-showcases-the-strength-of-cyprus-start-up-ecosystem
The Deloitte Technology Fast 50 programme and ARIS | A Really Inspiring Story (ARIS) accelerator brought together the next generation of technology entrepreneurs at a high-impact event in Limassol, celebrating the momentum, ambition and growing international reach of the start-up και scale-up ecosystem in Cyprus and the Middle East.
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https://knews.kathimerini.com.cy/en/news/cyprus-has-five-distinct-resale-property-markets
Cyprus’ resale property market looks very different from one district to another, both in the number and value of transactions and in prices....
https://knews.kathimerini.com.cy/en/news/cyprus-firms-face-tougher-checks-on-business-with-greece
Cyprus has been included on a 42-country list that will bring certain transactions with Greek businesses under closer tax scrutiny. But the decision does not mean Greece has accused Cyprus, or every company based here, of tax evasion....
https://knews.kathimerini.com.cy/en/news/revolut-data-breach-puts-cyprus-users-on-scam-alert
Revolut has suffered a data breach after fraudsters posing as government officials tricked the financial technology company into releasing sensitive customer information....
https://knews.kathimerini.com.cy/en/news/limassol-company-loses-€105-000-after-fraudsters-hijack-supplier-email
A Limassol company has been left €105,000 out of pocket after fraudsters impersonated one of its overseas suppliers and redirected a payment into a bank account controlled by the scammers....
https://knews.kathimerini.com.cy/en/news/25-more-charges-sought-as-golden-passport-trial-is-delayed-again
The trial in Cyprus’ golden passport case was due to begin Monday. Instead, prosecutors brought 25 more proposed charges to court, and the first day of hearings was put off....
https://knews.kathimerini.com.cy/en/news/protesters-reject-herzog-visit-and-warn-cyprus-is-being-pulled-into-war
While Israeli President Isaac Herzog was welcomed in Nicosia as a close friend and strategic partner, protesters outside the Presidential Palace delivered a very different message: Cyprus should be a bridge for peace, not another base for war....
https://knews.kathimerini.com.cy/en/business/the-boc-fintech-hackathon-7-0-is-here-build-the-future
Bank of Cyprus is organizing the 7th Innovation Marathon for application development, BoC Fintech Hackathon 7.0, which focuses on implementing proposals and digital applications around Fintech, while also combining themes such as Social Innovation, Cybersecurity, and Smart Cities, using Artificial Intelligence, with the main goal of promoting entrepreneurship.
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https://knews.kathimerini.com.cy/en/news/eight-years-zero-berths-and-€5-million-cyprus-never-collected-another-scandal-in-the-making
Six private operators were given the right to develop parts of Cyprus’ coastline. Eight years later, not one of the planned berthing facilities is operating, not a cent in annual fees has been paid and the state is estimated to have lost more than €5 million....
https://knews.kathimerini.com.cy/en/business/cyber-fraud-the-cost-to-your-wallet-and-your-peace-of-mind
The consequences of cybercrime, online fraud, or email scams can be far-reaching, affecting both your finances and your peace of mind.
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https://knews.kathimerini.com.cy/en/business/three-major-deals-await-the-regulators-green-light
Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process....
https://knews.kathimerini.com.cy/en/news/officials-considers-blocking-welfare-payments-from-being-spent-on-gambling
Government officials are considering new restrictions to prevent people receiving the Minimum Guaranteed Income from using welfare payments at casinos, betting shops or gambling websites....
https://knews.kathimerini.com.cy/en/news/is-cyprus-backing-away-from-the-cable-meant-to-cut-electricity-bills
The agreement making French company Meridiam the majority shareholder in the company behind the Cyprus-Crete electricity interconnector has done nothing to ease the Cypriot government’s reservations about the project....
https://knews.kathimerini.com.cy/en/news/nicosia-man-loses-€65-415-in-crypto-profits-scam
A 53-year-old man in Nicosia lost more than €65,000 after scammers persuaded him to install an application that gave them access to his computer, mobile phone and online banking....
