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1. 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....

2. Windcraft Music Fest: Winds, jazz, tradition and electronic sounds blended in a unique music event

Windcraft Music Fest returns for its 11th edition on the weekend of 25-27 July 2025 in the village of Katydata, transforming it into a vibrant hub of sound, creativity and cultural exchange....

3. U.S. steps in to modernize Paphos air base

The long-anticipated modernization of the Andreas Papandreou Air Base in Paphos is officially underway, marking a major step forward in U.S.-Cyprus defense cooperation and the Republic’s growing strategic role in the Eastern Mediterranean. ...

4. Watch: Cyprus’ new attack helicopters take flight at Paphos air base

A new video obtained by Kathimerini offers the first glimpse of the National Guard’s newly acquired H145M helicopters in action at the Andreas Papandreou Air Base, showcasing the powerful aircraft’s capabilities as part of Cyprus’ growing defense arsenal....

5. Michelin magic at Cap St Georges as chef Thomas Bühner cooks up a culinary experience like no other

Cap St Georges Hotel & Resort is set to welcome the renowned Michelin-starred chef Thomas Bühner on the 26-27-28th of June....

6. Minthis Music Festival 2025: Culture in Full Bloom in Cyprus

Where nature meets human creativity and Cyprus' highlands stretch out beneath open skies, the Minthis Music Festival is ready to return....

7. 78 dead in Israeli strikes on Iran, dozens wounded as tensions continue to escalate

At least 78 people were killed and more than 320 injured after Israel launched a sweeping series of airstrikes across Iran early Friday, targeting nuclear and military facilities in what officials described as a response to Tehran’s continued threats and regional aggression....

8. Crisis update: Flights grounded, embassies closed after Israeli strikes on Iran

Air travel across the Middle East was thrown into chaos Friday after Israeli forces launched large-scale strikes on Iranian targets, prompting countries to shut down airspace and airlines to ground or divert flights. Embassies are closing, travelers are stranded, and global tensions are escalating....

9. Deutsche Bank eyes return to Cyprus after nearly a decade

Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....

10. 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....

11. EU approves rules allowing airlines to charge for cabin baggage

EU transport ministers on Thursday approved updated air passenger rights rules that include allowing airlines to charge for carry-on cabin baggage, despite opposition from Germany, Spain, Portugal, and Slovenia....

12. Long-term government bonds face growing investor pushback

Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....

13. New EU rules mean less compensation for travelers

If you’re heading off on holiday this summer, hoping your flight goes smoothly, here’s something to keep in mind: the EU just agreed on new rules that cut the amount airlines have to pay passengers when flights are delayed....

14. Cyprus ranks second in share of foreign tourists in Q1 2025

Cyprus had the second highest share of overnight stays by foreign tourists in the first quarter of 2025, according to monthly data on tourist accommodation published by Eurostat, the EU’s statistical agency....

15. Tatar talks tough on property, but is anyone buying it?

Ersin Tatar can rattle his sabre all he wants, threatening ''retaliation'' and arrests over Greek Cypriot property claims in the occupied north. ...

16. I can’t believe I missed it: International Potato Day, the spud-tacular holiday we all forgot

So here I am, blissfully unaware and blissfully late, only realizing, two days too late, that International Potato Day just rolled past like a hot baked potato fresh out of the oven. And not just any potato, but the Cypriot potato. ...

17. Tensions erupt over Abramovich case allegations at Parliamentary Committee

Allegations of high-level political interference surrounding a multimillion-euro VAT debt linked to Russian billionaire Roman Abramovich escalated Thursday in Cyprus’ Parliament, with tensions erupting between lawmakers and investigative journalist Makarios Drousiotis....

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

19. Trump’s trade war drives tourists away from U.S.

Tourists from nations hardest hit by President Donald Trump's trade tariffs are increasingly avoiding trips to the United States, according to new data from hotel search site Trivago....

20. Abramovich’s €25 million VAT written off after ex-President's call

A growing scandal over Cyprus’ handling of VAT debts tied to Russian billionaire Roman Abramovich has taken a sharp new turn, this time with a bombshell allegation involving former President Nicos Anastasiades....

21. Global VC investment rises in Q1’25 on back of record-setting $40 billion Open AI deal, according to KPMG’s Venture Pulse

Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....

22. SkyUp™ launches direct flights from Poland to Greece, Cyprus, and Bulgaria

SkyUp (U5) is expanding its route network by launching direct flights from Poland to popular holiday destinations in Southern Europe. Starting May 27, 2025, travelers from Warsaw and Katowice will be able to fly nonstop to Heraklion (Crete, Greece), Larnaca (Cyprus), and Burgas (Bulgaria)....

23. “Have you ever been to Ukraine?”: MEP Fidias Panayiotou under fire for controversial stance

Cypriot MEP Fidias Panayiotou is under growing scrutiny for his controversial statements and actions related to Russia’s invasion of Ukraine, with critics accusing him of echoing pro-Russian narratives and dodging serious questions....

24. EU to welcome Turkey into defense programs despite Greek, Cypriot opposition

Despite strong objections from Greece and Cyprus, the European Union is moving forward with plans to involve Turkey in new European defense programs...

25. UNIC-led International Team Pioneers AI Technology for Aerospace and Mechanical Engineering Advancement

An international research team led by the University of Nicosia, in collaboration with the Air Force Research Laboratory (AFRL), the German Aerospace Center (DLR), has developed an advanced Artificial Intelligence (AI) model that could transform technology for high-speed aircraft, space exploration, and beyond....

26. 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. ...

27. Cyprus sees 25.5% jump in tourist arrivals in April, U.K. tops list

Cyprus welcomed 418,730 tourists in April 2025, a 25.5% increase from the 333,563 arrivals recorded in April 2024, according to figures released Monday by the Statistical Service....

28. €14 million in unpaid VAT? Gone.

Tensions ran high at the House Audit Committee on Thursday after MPs discovered that ''Blue Ocean,'' a Cyprus-based company linked to Abramovich, was dissolved in 2024 without settling a €14 million VAT bill, a debt that’s been on the books since at least 2010....

29. Working hard or hardly working? Cyprus puts in more hours than most of Europe

If you’re clocking in around 38 hours a week in Cyprus, you’re pretty much sticking to the same grind as last year, and just a bit above the European average....

30. No ''Shhh'' for Cyprus, Eurovision dream ends in the semis

Cyprus' Eurovision hopes were dashed on Tuesday night in Basel, Switzerland, as Theo Evan's electric performance of ''Shhh'' couldn’t quite crack the top ten in a fiercely competitive semi-final....