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1. Firestorm in the Palace

Cyprus President Nikos Christodoulides is under growing pressure as criticism mounts over his government’s handling of last month’s deadly fire and the political fallout it has unleashed. ...

2. Rental prices in Cyprus show dramatic divide: Limassol rents more than double those in Paphos and Larnaca

Rental prices across Cyprus have remained largely stable, balancing increased demand from students with new housing developments....

3. 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....

4. 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....

5. Cyprus is a magnet for foreign companies as registrations surge

Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region....

6. Cyprus wildfire boss was in Australia during deadly blaze

As raging wildfires swept through Cyprus last month, killing two people and devastating communities, the official tasked with coordinating the state’s wildfire response was more than 13,000 kilometers away in Australia....

7. 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....

8. BOC reports €235M in profits, but what does that actually mean for the rest of us?

9. Want to visit the U.S.? You might have to pay a $15,000 deposit first

Planning a vacation or business trip to the U.S.? You might want to check your bank account first....

10. Luxury properties for sale by AstroBank

Luxury homes and other exclusive properties have been listed for sale by AstroBank in Nicosia, Paphos and Larnaca....

11. Larnaca businessman survives bike-path shooting, gunman still on the run

A 47-year-old well-known businessman from Larnaca narrowly escaped an apparent assassination attempt on Wednesday, after a gunman opened fire on him while he was cycling along a remote stretch of road in Aradippou....

12. End of an era as KEAN factory to be replaced by urban high rises

One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....

13. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

14. July Newsletter of K. Treppides & Co Ltd – 25/07/2025

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....

15. Biker opens fire on cyclist in Larnaca industrial zone

A dramatic manhunt is underway in the Dromolaxia Industrial Area after a man riding a bicycle was shot at multiple times by an armed motorcyclist on Wednesday morning in what police are treating as an attempted murder....

16. ''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....

17. Too little, too late: Larnakos closes for crash probe amid public fury (pics)

Larnakos Avenue was closed in both directions early Wednesday morning as police reconstructed a deadly crash that claimed the life of 20-year-old Kyriakos Antoniou earlier this week, an incident that’s ignited public fury over long-ignored warnings about illegal street racing....

18. Government unveils comprehensive aid package for Limassol fire victims: Cash payments, rent subsidies, and full damage restoration

Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....

19. University of Nicosia School of Business Receives AACSB International Accreditation

The University of Nicosia proudly announces that its School of Business has secured accreditation from the internationally recognised Association to Advance Collegiate Schools of Business (AACSB) International, following a lengthy and demanding evaluation process....

20. Freedom Holding Corp. supports global chess events with the participation of schools from Greece and Cyprus

Freedom Holding Corp., parent company of Freedom24, proudly announces its participation as a supporter of the “FIDE World School Chess Championship 2025” and the “Smart Moves Summit 2025”, ...

21. July Newsletter of K. Treppides & Co Ltd – 18/07/2025

22. Audit Office warns of €3.1 billion in delayed tax revenues, warns of non-collection risk

The Audit Office has raised concerns over €3.1 billion in delayed tax revenues owed to the state, warning that around €1.4 billion may never be collected....

23. Desalination: A costly and controversial answer to global water shortages

As climate change fuels irregular rainfall and intensifies droughts, countries worldwide are increasingly turning to desalination to address growing water scarcity. ...

24. Skip truck drivers sound the alarm: ''Help us, or everyone pays''

Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out” Subtitle: ...

25. 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....

26. ''We Failed'': President apologizes over wildfire response, announces 12 relief measures

President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....

27. Employers fined for ignoring midday work ban

As scorching temperatures grip Cyprus, the Department of Labor Inspection has ramped up workplace checks to protect outdoor workers from heat exhaustion, carrying out 128 inspections in just two days and issuing multiple fines and work stoppages....

28. Two Turkish Cypriots detained in ongoing investigation linked to five Greek Cypriot refugees 'arrested' in Trikomo

Authorities in the occupied part of Cyprus have "arrested" two Turkish Cypriots, a father and son, in connection with the investigation involving five Greek Cypriots detained earlier in the Trikomo area....

29. Big Greek players move in on Cyprus' signature cheese

Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....

30. XM investors await green light to take over Ancoria Bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....