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1. The Board of British Cypriots urges London to clarify terms over fighter jet sales and regional security

The U.K.–Turkey defense agreement announced last month, which includes the sale of 40 Eurofighter Typhoon jets and broader defense cooperation between the two countries, has drawn strong reactions from the Cypriot community in Britain....

2. Cyprus property market sizzles in July

Even though July marks the start of summer holidays for Cypriots, the month delivered a strong push to the property market....

3. Cyprus’ shopping bill outpaces its sales, trade deficit grows in first half of 2025

New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....

4. August Newsletter of K. Treppides & Co Ltd – 01/08/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

5. ''Safety Concerns'' or just a tax grab?

A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....

6. Study finds alcohol use in Cyprus spikes tenfold during summer

Alcohol consumption in Cyprus surges nearly tenfold during the summer months in tourist areas, according to the country’s first wastewater-based epidemiological study....

7. Court says no to medical release of Israeli developer accused in land scam

A Cypriot court on Monday rejected a request to release Israeli businessman Shimon Aykut from custody, ruling that local medical services are sufficient to address his health concerns....

8. AEGEAN invests in two new Airbus A321neo XLR aircraft with even greater range and comfort

AEGEAN announces the addition of two (2) new Airbus A321neo XLR (Extra Long Range) aircraft with an even longer range of up to 10.5 hours, while accelerating the initiation of its flights to India, in March 2026. ...

9. Police seize knives, bat, brass knuckles in Larnaca

Five individuals were arrested in Larnaca during a coordinated police operation targeting crime and public safety, authorities said Thursday....

10. BidX1 to hold major property auction on 30th July, featuring homes from €60k and online bidding access

BidX1, the property auction platform, has announced that it will hold a large auction on Wednesday 30th July, offering homebuyers, investors, and developers an exciting opportunity to secure real estate in Cyprus before the summer slow-down....

11. Coca-Cola HBC Cyprus boosts economy, employment, study finds

Coca-Cola HBC Cyprus contributes 0.3% to Cyprus’ GDP and national employment, according to a 2024 study by EY Cyprus Advisory Services Ltd. The findings, unveiled during a stakeholder event, underscore the company’s substantial role in the country’s economy and labor market....

12. Cyprus taps U.S. and EU defense funds to strengthen military

Cyprus is taking steps to strengthen its military capabilities with help from both the European Union and the United States, government officials announced on Wednesday, marking another sign of deepening strategic ties between Nicosia and Washington....

13. Former director of Pattihio Theatre sentenced to 5.5 years for misappropriating €234,550

The Limassol Criminal Court has sentenced the former director of the Pattihio Municipal Theatre to 5.5 years in prison for theft by an employee and money laundering....

14. Cyprus is being bought, and the state doesn’t seem to know or care

About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....

15. Bank of Cyprus sheds €2.5B in real estate, marks biggest property sale in island’s history

The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....

16. Columbia Group buys Venus Rock Golf for €132M in one of Cyprus’ biggest real estate deals

One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....

17. ''Israel tolerates no criticism and wants to control everything,'' AKEL leader says

AKEL Secretary-General Stefanos Stefanou rejected accusations of antisemitism following criticism from Israeli Ambassador to Cyprus Oren Anolik, stating the party opposes all forms of hatred and misanthropy....

18. Cyprus influencer and family arrested in €1 million crime ring linked to convicted felon

A 37-year-old Nicosia socialite, businesswoman, and influencer was arrested Friday in connection with a sprawling criminal operation involving drug trafficking, illegal gambling, and money laundering that reportedly generated €1 million in recent months, police said....

19. Vapes worse than cigarettes? Some brands are

You might want to think twice before reaching for that flavored vape. It could be exposing you to more cancer-causing toxins than a pack of cigarettes....

20. Jazeera Airways Resumes Direct Flights Between Larnaca and Kuwait

Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....

21. Larnaca on the rise as new homes fuel real estate boom

Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....

22. Two arrested in Athens for illegal pet trafficking

Two people, a 42-year-old foreign man and a 45-year-old Greek woman, were arrested Wednesday in Agia Paraskevi, northern Athens, for illegally trafficking companion animals. The operation, led by the Spata-Artemida Police Department, uncovered over 86 online ads for animal sales....

23. Bank of Cyprus sells €75M worth of Paphos property to Exness

The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....

24. SkyUp Airlines™: Celebration Event for the Launch of Flights Between Cyprus – Moldova, Romania, and Poland

A highly successful celebration event was held on June 12 at Larnaca International Airport by SkyUp Airlines™, marking the official launch of direct flights connecting Cyprus with Moldova, Romania and Poland. The event was a great success, gathering guests and media representatives....

25. Porsche hits the brakes on Taycan EV sales over fire risk

Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....

26. Nicosia’s new square debuts tonight with the Epic Street Fest

The wait is over. Nicosia’s brand-new square at the old GSP stadium is officially opening its doors tonight, and it’s doing so with a bang....

27. Phedon Phedonos sounds the alarm: Drugs in schools, fake degrees on the rise

In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...

28. Nicosia gears up for the ultimate summer street fest on June 3

Mark your calendars and bring your appetite, Epic Street Fest Summer Edition is taking over the newly transformed old GSP park in central Nicosia on Monday, June 3, from 7:00 p.m. to midnight, ...

29. Aykut defends property sales in Turkish TV interview

Businessman Simon Aykut, accused of unlawfully selling Greek Cypriot properties in the occupied north, defended the legality of his company’s real estate dealings in a televised interview presented Monday as evidence in a Nicosia courtroom....

30. King’s Gardens: A Prime Investment in the Heart of Nicosia