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1. S&P Global Ratings upgrades Freedom24 outlook to positive, citing stronger risk management

S&P Global Ratings has revised its outlook on Freedom Finance Europe Ltd., operating under the Freedom24 brand, from stable to positive, while affirming its 'B+/B' long- and short-term issuer credit ratings....

2. Tourism holds steady in Cyprus despite Middle East tensions

Despite the ongoing unrest in the Middle East, Cyprus’ tourism sector is proving both vulnerable and resilient, as a surge in advance bookings acts as a safety net for hoteliers and travel operators....

3. Turkey defends Libya maritime deal, accuses EU of bias in Mediterranean dispute

Turkey pushed back on Friday against the conclusions of the European Union summit, which again criticized a 2019 maritime agreement between Turkey and Libya....

4. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

5. Wizz Air wins the World Finance most sustainable low-cost airline award for the fifth consecutive year

Wizz Air has once again been named the ''Most Sustainable Low-Cost Airline'' by the World Finance Sustainability Awards in 2025. ...

6. France crash prompts warning for Citroen owners in Cyprus over Takata airbags

The Department of Road Transport in Cyprus is urging owners of certain Citroen vehicles to avoid using them due to a potential safety risk involving defective Takata airbags, following a recent accident in France....

7. Freedom Holding Corp. reports 23% revenue growth for FY2025, driven by strong performance across brokerage and insurance segments

Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...

8. 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....

9. Why Cyprus is not in danger from Iran-Israel missile strikes

When Iran and Israel exchanged direct missile strikes for the first time in decades in April 2024, after years of fighting through proxies, the spectacle was visible from Cyprus. ...

10. 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....

11. Paphos municipality wins long-running legal battle over Ibrahim’s Khan project

After nearly a decade in the courts, the Paphos District Court has thrown out a lawsuit filed against the Paphos Municipality by a former tenant of a Turkish Cypriot-owned property....

12. 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....

13. Unlawful DNA testing for birth certificates violated family rights, commissioner finds

A demand by the Department of Civil Registry and Migration (DCRM) for compulsory DNA testing in a paternity case has been deemed unjustified, according to a report released by the Commissioner for Administration....

14. Freedom24 hits 100K users in Greece, driven by digital-savvy investors

15. Aegean Airlines: First Quarter 2025 Trading Update

AEGEAN announces its key financial and operating results for the first quarter of 2025....

16. Timur Turlov at New York Eastern Mediterranean Business Summit: ''Cyprus is our European gateway to global markets''

Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...

17. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

18. Freedom Holding Corp. Reaches $10 Billion Valuation on Record Share Price

Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...

19. New evidence in Cyprus Papers passport scandal shows photos and faxes pointing to political interference

Testimony continued Tuesday in the high-profile case sparked by Al Jazeera’s 2020 Cyprus Papers investigation, with a police sergeant detailing evidence suggesting political interference and irregularities in the naturalization of foreign investors....

20. Cyprus faces EU fines over toxic landfills, 12 years and still no cleanup

The European Commission has had enough. Back in 2013, the European Court of Justice found that Cyprus had violated EU waste rules at two landfill sites in Kotsiatis and Vati. ...

21. Inmate population in Cyprus more than doubles prison capacity, Eurostat says

Cyprus had the most overcrowded prisons in the European Union in 2023, with an inmate population more than double the system’s intended capacity, according to figures released by Eurostat, the EU’s statistics agency....

22. George Pechlivanoglou, George Petrou, and George Tziortzis to Speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference will focus on supporting and advancing the national strategy for a Green Transition....

23. Till fraud do us part: Woman wanted in sham marriage cases extradited to Cyprus

A woman wanted in connection with a series of sham marriages linked to human trafficking was extradited from the United Kingdom to Cyprus early Tuesday, authorities said....

24. Virginia Giuffre, central figure in Prince Andrew and Epstein allegations, dies by suicide at 41

Virginia Giuffre, a prominent accuser of Prince Andrew and Jeffrey Epstein, has died by suicide at age 41, her family announced Friday....

25. UN warns of resurgence in deadly diseases

Measles, meningitis, and yellow fever, once largely contained through widespread immunization, are resurging globally due to vaccine misinformation, reduced international aid, and health system strain, the United Nations and partner agencies warned Wednesday....

26. April Newsletter of K. Treppides & Co Ltd – 09/04/2025

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....

27. Banquet hall in Nicosia built and operating without permits

A building in Nicosia that now operates as a popular banquet and events hall was constructed and opened without the proper permits or approvals, according to a damning report by the Auditor General of the Republic. ...

28. System failure or failure of its operators?

The recent, catastrophic failure of the Ministry of Social Welfare and the Social Welfare Services to provide necessary protection to five children is yet another example of a systemic issue, ...

29. Rents keep climbing, but house prices aren’t going anywhere

If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....

30. Cyprus court clears five Israelis in British woman’s rape case

A Cyprus court has acquitted five Israeli men accused of abducting and raping a British woman in the resort town of Ayia Napa....