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61. Cyprus Sports Organization unveils plans for modern sports facilities across Cyprus

The Cyprus Sports Organisation (KOA) announced plans Wednesday to build a new 4,000–5,000-seat stadium at the Makario complex in Nicosia and signed a memorandum of understanding with stakeholders in Paphos to upgrade the "Stelios Kyriakides" stadium, aiming to address long-standing infrastructure issues across Cyprus....

62. 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. ...

63. Cyprus reinstates Abramovich firm to go after directors for €25M tax debt

Cyprus is breathing life back into a defunct company once linked to Russian billionaire Roman Abramovich, not to do business, but to collect what it’s owed....

64. Boat goes up in flames, beachgoers unfazed

A fire broke out on a boat near Larnaca Marina on Sunday afternoon, sending up thick plumes of smoke, but you wouldn’t know it from the relaxed mood on the beach just a few hundred meters away....

65. Farmers call for Presidential intervention claiming water allocated to golf courses instead of farms

Banana growers and farmers in Paphos held a protest Saturday morning, demanding the delivery of water promised by the Water Development Department. ...

66. Jazeera Airways Resumes Direct Flights Between Larnaca and Kuwait

Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....

67. 25th Petrolina Annual General Meeting

On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....

68. 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....

69. The Catalytic Role of Legal and Regulatory Functions in the Modern Era of Sustainable Development

In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...

70. 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....

71. Cyprus lawmakers end auctions for Turkish Cypriot homes

The Parliamentary Refugee Committee has moved to end the practice of auctioning Turkish Cypriot homes, reaffirming that such properties should be reserved strictly for displaced persons' primary residences....

72. Student grant system under fire over payouts to the wrong people

The Office of the Auditor General has raised concerns over how student scholarships are awarded and paid out in Cyprus, following a 2023 audit that found gaps and procedural problems in the system....

73. Digital Assistant answers more than 104,000 citizen questions

The Digital Assistant on the gov.cy portal has responded to more than 104,000 citizen questions in its first six months of operation, the Deputy Ministry of Research, Innovation and Digital Policy announced....

74. Coast Guard fires warning shots in boat chase; 15 migrants found

A high-speed maritime chase involving warning shots took place early Wednesday after a suspected migrant-smuggling boat attempted to flee from authorities and ram a coast guard vessel, police said....

75. New era in vocational training: Lidl Cyprus invests in the new generation

Lidl Cyprus is ushering in a new era in vocational education and training with Lidl UP: Learn & Work, an innovative dual education programme, implemented in collaboration with the Future Skills Hub, the Learning Center of the European University Cyprus....

76. Bank of Cyprus Cancer Center hits back at union over firing dispute

The Oncology Center of the Bank of Cyprus expressed disappointment Tuesday over recent strike actions announced by unions OUYK-SEK and SEVETTYK-PEO, firmly rejecting claims of illegal or irregular employee dismissal....

77. BoC eyes bigger role in your financial future

Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...

78. Parliamentary Committee to publish T/C property lists every three months

In a move aimed at boosting fairness and transparency, Cyprus’s Parliamentary Committee on Refugees announced Tuesday that updated lists of available Turkish Cypriot properties will be published every three months online....

79. Paralimni-Deryneia earns most Blue Flags in Cyprus as island celebrates record year for beach quality

The Municipality of Paralimni-Deryneia has been recognized as the national leader in coastal excellence, receiving 18 of Cyprus’s 66 Blue Flag awards at the 2025 national ceremony held Wednesday at Fig Tree Bay, Protaras....

80. Deloitte Cyprus welcomes two new partners

Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....

81. payabl. launches Virtual Business Cards to empower smarter business spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

82. Posh perks and pricey trips: Inside Parliament’s 2023 spending spree

The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....

83. Freedom Holding Corp. added to the prestigious Russell 3000® Index

Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....

84. Lidl Cyprus highlights the value of its collaboration with Evrofarma during a press trip to the heart of greek production

Lidl Cyprus organized a unique press trip to the facilities of its strategic partner, Evrofarma, in Didymoticho, in celebration of World Milk Day....

85. Driving instructors hit the brakes on exam delays

It’s not every day you see a convoy of driving school vehicles pulling up to government buildings in protest, but that’s exactly what happened on Friday as frustrated driving school instructors took their complaints to the Ministry of Transport. ...

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

87. Cypriots ready to embrace home energy storage, but only with subsidies, survey finds

A recent survey reveals strong Cypriot consumer support for expanding household photovoltaic (PV) systems with battery storage, but adoption hinges on government subsidies, according to research by Realpolls presented at the Green Agenda Cyprus Summit....

88. The LIFE Pharma Detox System Offers Solutions to Pharmaceutical Pollution

Medochemie is taking a leading role in addressing one of the most pressing environmental challenges currently faced by the pharmaceutical industry: the management and reduction of pharmaceutical pollution....

89. May Newsletter of K. Treppides & Co Ltd – 16/05/2025

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....

90. Cyprus slips in Blue Flag rankings but holds firm on coastal quality

Cyprus saw a slight decline in its internationally recognized beach quality ratings this year, with 64 beaches and two marinas receiving Blue Flag certification for 2025, down from 76 beaches in 2024....