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1. Cyprus and Greek banks on a winning streak

Big banks in Cyprus and Greece are riding a wave of strong performance so far in 2025, catching the eye of investors and hinting at even brighter prospects ahead....

2. Alphamega Hypermarkets introduces Electronic Shelf Labels

In a move that further enhances its shopping experience, Alphamega Hypermarkets has introduced yet another significant and innovative tool to the Cypriot retail market....

3. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

4. Bigger, smarter, greener: Alphamega’s new superstore is coming to Engomi

Retail giant Alphamega has secured planning permission for its brand-new, privately owned flagship store in Engomi, marking a major step forward in a project estimated to cost over €30 million....

5. Back to School with amazing prizes from Alphamega Hypermarkets

As September and the beginning of the new school year approach, Alphamega Hypermarkets stand by students and their parents alike for yet another year, offering everything they need to be fully set for the new school year....

6. Justice Minister walks back remarks after backlash over wildfire deaths

Justice and Public Order Minister Marios Hartsiotis moved to clarify remarks he made earlier this week about the deadly wildfire that swept through rural Cyprus, after his initial comments drew sharp criticism for downplaying the deaths of two residents....

7. Government cuts out locals in €35M energy deal ahead of electricity market opening

Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....

8. Cyprus banks are merging and here’s what that means for you

Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....

9. Deposit rates fall for households and businesses, while mortgage rates climb

Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....

10. Cyprus returns to three systemic banks after Alpha Bank Cyprus-AstroBank deal

Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....

11. More injuries reported from faulty Takata airbags

Two more people have reportedly been injured by defective Takata airbags, with both cases now making their way through the courts....

12. Alpha Bank Cyprus to acquire Astrobank in €200 million deal

Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....

13. 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....

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

15. Meat and coffee prices climb as eggs and oil cool off

If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....

16. Green Agenda Cyprus Summit 2025: Paving the way for a greener future

As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....

17. New Bean Bar opens in Larnaca

Bean Bar is expanding its presence in the market, spreading its unique… vibes to more and more areas across Cyprus. ...

18. 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....

19. Grigorios Kamperis, Nicholas Argyrou, George Louka and Elias Kokkinos to speak at Green Agenda Cyprus Summit

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

20. Pavlos Photiades, Alexandros Charalambides, and Constantinos Hadjigeorgiou to Speak at Green Agenda Cyprus Summit

The Green Agenda Cyprus Summit 2025 is gearing up to support and strengthen the country’s national strategy for a green transition. Taking place on May 19 at the Hilton Hotel in Nicosia,...

21. Christianna Diogenous, Georgios Kazantzis and Joseph Antoniou to speak at the Green Agenda Cyprus Summit

This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....

22. Cyprus lawmaker called out in permit dispute involving President

A dispute over building permits for an event hall in Lymbia has escalated into a political firestorm, with Anastasios Anastasiou, father of the hall’s owner, accusing AKEL lawmaker Christos Christofides of betrayal and tying the issue to alleged presidential interference....

23. Olympia Nisiforou, Constantinos Yiorkadjis, and George Chrysochos to Speak at Green Agenda Cyprus Summit 2025

This year’s Green Agenda Cyprus Summit will shine a spotlight on how Cyprus can step up its role in environmental protection and sustainable development. ...

24. €50M ALPHAMEGA complex set to transform Nicosia shopping scene

A brand new €50 million ALPHAMEGA hypermarket and commercial complex is on the way to Engomi, and it’s not just a supermarket....

25. 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....

26. George Demosthenous, Maria Panayiotou, Michalis Persianis to speak at Green Agenda Cyprus Summit

This year’s sustainable development conference puts the spotlight on strengthening Cyprus’s national strategy for the Green Transition. The primary goal is to position the country as a model of environmental responsibility and sustainable growth, making a meaningful contribution toward a greener, more resilient future....

27. Kostas Kadis, Byron Ioannou, Antonia Theodosiou to speak at the Green Agenda Cyprus Summit

The Green Agenda Cyprus Summit, taking place on 19 May 2025 at the Hilton Hotel in Nicosia, will focus on strengthening Cyprus' commitment to the Green Transition and sustainable development....

28. Giorgos Papanastasiou, Fanos Karantonis, Michalis Sophocleous at Green Agenda Cyprus Summit

The 2025 Green Agenda Cyprus Summit will take place on May 19, 2025, at the Hilton Nicosia, bringing together key leaders, policy makers, and industry experts in support of Cyprus' bold national vision for a greener future....

29. Cypriots struggle to keep up as food and energy prices climb

As prices continue to rise at the supermarket and electricity bills put pressure on family budgets, more people in Cyprus are finding it harder to make ends meet....

30. Kykkos monastery’s mega project set to transform Engomi

A major new development is taking shape in Engomi, Nicosia, on land owned by the Kykkos Monastery. The project is one of the largest mixed-use developments Cyprus has seen and is designed to transform the area surrounding the “Agios Prokopios” Metochi into a modern urban center....