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1. Alpha Services acquires AXIA Ventures

Alpha Services and Holdings has announced an agreement to acquire AXIA Ventures Group, aiming to form the leading investment banking and capital markets company in Greece and Cyprus. ...

2. More snakes in cities this year? Experts say yes

If you thought last year’s snake sightings were bad, experts say this year could be even worse. With Cyprus facing its third dry season in a row, higher temperatures and less rainfall are forcing snakes to seek cooler, damper hiding spots, often in residential areas....

3. Cypriot official accuses Government of hindering solar power for fossil fuel interests

In a heated exchange over Cyprus' energy policies, Kyriacos Hadjiyiannis, the president of the House Energy Committee, has stirred controversy by suggesting that the government’s stance on solar energy might be driven by a hidden agenda....

4. Cyprus accused of migrant pushbacks amid deadly shipwreck

A tragic shipwreck off Cape Greco has reignited the debate over Cyprus’ handling of migration, just as the government claimed to have successfully tackled the issue....

5. Greek companies eye Cypriot market for new business opportunities

Greek businesses are continuing to make their mark on Cyprus, with a growing number of companies looking to expand and partner with Cypriot firms....

6. Cyprus banks hit record high profits despite ECB rate cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...

7. Greek banks continue to invest in Cyprus with new acquisitions

Greek banks are showing no signs of slowing down when it comes to investing in Cyprus. ...

8. Fintech giants eye Cyprus' small banks in race for European banking licenses

Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...

9. Cyprus climbs UEFA rankings as Pafos FC shines

Cyprus has made significant progress in the UEFA rankings, moving up to 19th place after Pafos FC’s qualification for the next stage of European competition....

10. Bank of Cyprus cancels plan to sell JCC Payment Systems

The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....

11. Car with recalled Takata airbag nearly causes fatal crash

A recalled vehicle equipped with a faulty Takata airbag was involved in a serious accident last week, raising fresh concerns over the ongoing safety risks of these defective airbags....

12. Local high school embraces creativity over screens

Palouriotissa High School has embraced an innovative approach to student life after the Ministry of Education's ban on mobile phones in schools....

13. New Bean Bar opens at the University of Nicosia

14. Bank of Cyprus Man of the Year Awards – 23rd Edition

On Wednesday, February 26, 2025, The Royal Hall in Nicosia will host the prestigious Bank of Cyprus Man of the Year Awards—an evening dedicated to honoring exceptional individuals who lead by example....

15. Doctor allegedly demands money for faster appointments

There’s been a new storm brewing in Cyprus' public health system after two complaints were filed against doctors allegedly asking for bribes to expedite patient appointments and surgeries. ...

16. New lending boosted by interest rates and government plans

A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....

17. Alphamega Hypermarkets expands its presence with new store in Mandria, Paphos

Alphamega Hypermarkets has expanded its presence in the Paphos District, by opening a new store in Mandria. The new Alphamega Hypermarket, located in the premises of the former Papamichael hypermarket, opened its doors for the first time today....

18. 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....

19. Third time's a charm? Another prisoner escape rocks Cyprus police

It seems prison breaks are becoming as common as coffee breaks in Cyprus. For the third time in recent weeks, a prisoner has managed to give police the slip—this time from Nicosia General Hospital on Tuesday afternoon....

20. University of Nicosia Marks Record Achievement with 17 Academics Among World's Top-Cited Scientists

The University of Nicosia announces seventeen of its academics being recognised among the world's most-cited scientists, according to the latest Stanford University list of top-cited scientists....

21. Hackathon on Digital Skills for Teenagers encourages creation and innovation

The Future Skills Hub of the European University Cyprus, in collaboration with the Department of Secondary Technical and Vocational Education and Training of the Ministry of Education, Sports, and Youth, the Youth Board of Cyprus, and IDEP Lifelong Learning, successfully concluded the Hackathon on Digital Skills for Teenagers. ...

22. Bean Bar brings Christmas magic to life

Christmas time is here again, and Bean Bar invites us to experience the magic of the most beautiful time of the year and to make the true meaning of the holidays come true by supporting children in need....

23. New Alphamega Hypermarkets’ store opens in Astromeritis

Another state-of-the-art store was added to the Alphamega Hypermarkets’ chain. The new Alphamega Hypermarkets’ store in Astromeritis has opened its doors to the public today. It is the 20th store of Alphamega Hypermarkets, Cyprus largest and fastest growing hypermarket chain....

24. The word of the decade is...'Brain Rot'

"Brain rot" was named the word of the year, but I believe it could rightfully be described as the word of the entire decade....

25. Sparkle, joy and enthusiasm at Alphamega Hypermarkets’ Christmas tree lighting ceremony

Christmas magic came to life at Alphamega Hypermarkets, as the chain welcomed the most joyous season of the year with festive lights and joy. ...

26. Bean Bar: Celebrating Christmas by supporting children

Bean Bar is getting in the festive spirit and welcomes the magic of Christmas, our children’s favourite holiday, while supporting the work of Hope for Children....

27. Rising food prices leave Cypriot households struggling

A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....

28. Sklavenitis expands in Cyprus, shaking up the supermarket scene

The Cypriot supermarket landscape is shifting as Greece's Sklavenitis Group officially takes over Papantoniou Supermarkets. With Competition Protection Commission approval, ...

29. Russia slaps Google with astronomical fine over YouTube bans on state media accounts

Google faces an astronomical fine reportedly exceeding two undecillion rubles – a figure followed by 36 zeros – after removing pro-government and state-run accounts from its YouTube platform, Russian state news agency Tass reported....

30. No immediate ban on fuel cars in Nicosia’s center, Ministry clarifies

Social media buzzed with debate after Transport Minister Alexis Vafeades hinted at a potential ban on conventional-fuel vehicles in parts of Nicosia’s city center....