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151. 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....

152. U.S. pulls embassy staff from Baghdad as fears of Iran-Israel clash grow

The U.S. is pulling non-essential embassy staff and their families out of Baghdad, citing rising security concerns tied to growing tensions between Israel and Iran, U.S. officials confirmed Wednesday. ...

153. 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....

154. EAC now requests 3% hike, sparing consumers steeper 7.5% increase

Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....

155. 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. ...

156. 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....

157. Texas-based AI powerhouse Tenstorrent expands to Cyprus

One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....

158. From the Mekong to the Med: How Cyprus and Cambodia are crafting a new global alliance

In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...

159. Despite AHK chief’s assurances, technocrats push for higher power rate hike

Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....

160. 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....

161. Police seize dozens of THC, CBD products from Larnaca kiosk

Police have seized 83 packages containing substances believed to include tetrahydrocannabinol (THC) and cannabidiol (CBD) during a raid on a kiosk in Larnaca, authorities said Saturday....

162. Tornaritis launches ''Get Up'' movement: Politics, but run like a business

Christoforos Tornaritis has unveiled the first glimpse of his new political movement, ''Get Up,'' which promises to ditch traditional politics in favor of what he calls a more professional, business-style approach to running the country....

163. 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....

164. Nutella unveils first new flavor in 60 years, but there's a catch

For the first time in its 60-year history, Nutella is mixing things up, literally. The beloved chocolate-hazelnut spread is getting a new twist: Peanut Nutella....

165. Good news for borrowers as ECB to cut interest rates

The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...

166. May Newsletter of K. Treppides & Co Ltd – 30/05/2025

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. ...

167. Children in special education can stay in school until age 22

Children in special education programs in Cyprus will now be allowed to remain in school until age 22, President Nikos Christodoulides announced Thursday, extending the current age limit by one year....

168. Unemployment drops 9.6% in May compared to last year

The number of registered unemployed in Cyprus fell to 7,378 in May, a 9.6% drop compared to the same month last year, according to figures released Wednesday by the Statistical Service....

169. Audit flags conflict of interest in Parliament’s €77,500 furniture purchase

The architect who recommended a €77,500 furnishing labeled as "artwork" for the House of Representatives also holds a managerial position at the company that supplied the furniture, according to the Audit Service....

170. Cyprus rolls out digital fan card and launches new tech-focused high school

Cypriots are already jumping on board the newly launched Digital Fan Card, with more than 1,000 people signing up within the first 24 hours, according to Government Spokesperson Konstantinos Letymbiotis....

171. 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....

172. 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....

173. Phedon Phedonos sounds the alarm: Drugs in schools, fake degrees on the rise

In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...

174. 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....

175. Coral Energy (Shell Licensee) strengthens ties with its partners in the Cypriot market

176. Shock bills, football fixes & a U-turn on Makarios Ave: Cyprus' week of curveballs

From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...

177. BYD Officially Debuts in Cyprus at Glamorous Old GSP Square Event

In the fully renovated and iconic Old GSP Square, BYD made its official debut in the Cypriot market during a glamorous event hosted by Alpan Group, a member of the Sfakianakis Group and the official distributor of BYD vehicles in Cyprus....

178. Tomatoes take center stage in Parekklisia’s tastiest festival yet

If there’s one thing that unites a village, it’s good food, and Parekklisia’s favorite fruit is getting the full red-carpet treatment once again. On June 22, the heart of this Limassol community will transform into a celebration of all things tomato at the fourth annual Tomato Festival....

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

180. Aegean Airlines launches direct Santorini-Istanbul flights

Aegean Airlines has just launched a new direct route connecting Santorini with Istanbul, marking a major milestone in regional travel and tourism....