https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-€2-5m-plan-to-support-electric-and-hybrid-vehicle-buyers
The Cabinet has approved the government’s new €2.5 million subsidy scheme aimed at supporting the purchase of electric and hybrid vehicles in Cyprus....
https://knews.kathimerini.com.cy/en/news/nicosia-unveils-€100-million-plan-to-fix-traffic-chaos-and-modernize-the-capital
Nicosia is aiming for a major transformation, with over €100 million in urban and traffic upgrades on the table, as the capital struggles with decades-old road designs, mounting traffic, and growing frustration among residents....
https://knews.kathimerini.com.cy/en/news/17-repatriation-flights-leave-cyprus-to-help-israelis-get-home
Cyprus is once again playing a key role in the region, with 17 special repatriation flights scheduled on Wednesday to help transport Israeli nationals back home, as tensions continue to simmer in the Middle East....
https://knews.kathimerini.com.cy/en/news/toxic-fungus-tied-to-‘pharaoh-s-curse-yields-promising-leukemia-drug
A fungus once feared as the source of the so-called “Pharaoh’s Curse” has been transformed into a potential treatment for leukemia, according to researchers at the University of Pennsylvania....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/news/larnaca-s-skyline-set-to-rise-with-new-twin-towers-project
Larnaca is about to get a major facelift as plans move forward for a new luxury residential project featuring two soaring 20-storey buildings....
https://knews.kathimerini.com.cy/en/news/cyprus-e-kalathi-falls-flat-says-consumer-group
It was launched as a tool to help consumers navigate rising prices and shop smarter. But just one week in, Cyprus’ much-hyped e-kalathi platform is facing harsh criticism, and not just from shoppers....
https://knews.kathimerini.com.cy/en/news/cyprus-watching-closely-as-u-s-strikes-iran-s-nuclear-sites
The Cypriot government is closely monitoring developments after the United States launched air strikes on three nuclear sites in Iran, in what President Donald Trump called “the most difficult and perhaps the most lethal” operation yet....
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/business/chamber-of-commerce-pushes-for-overhaul-of-tax-bill-to-attract-global-cypriot-talent
The Cyprus Chamber of Commerce and Industry (KEBE) is calling for key revisions and broader strategic planning in the government’s “Minds in Cyprus” tax bill, aimed at attracting talent from the Cypriot diaspora....
https://knews.kathimerini.com.cy/en/life/lellos-pool-to-reopen-after-long-term-closure
The Nicosia Municipality has announced that the Nicosia Municipal Swimming Pool, commonly known as “Lellos’ Pool”, is scheduled to reopen on June 27, 2025....
https://knews.kathimerini.com.cy/en/news/nissan-s-next-gen-driver-assist-tech-could-ease-daily-commute-in-cyprus
Ever been stuck in traffic on the Nicosia-Limassol highway, crawling along at a snail’s pace, wishing your car could just take over? By 2027, that might not be such a far-fetched dream....
https://knews.kathimerini.com.cy/en/comment/opinion/president-on-the-move…-again
“Wait, the president’s off on another trip? Honestly now, does he only come to Cyprus for vacation, or when a foreign official happens to drop by? How can he be so relaxed when next month we’ve got critical talks that could shape the future of the Cyprus problem?”...
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/it-s-nearly-within-our-grasp-clear-skies-warm-vibes-and-the-weekend-just-a-breath-away
It’s Friday again. Some said it would never come. Even the sun seemed unsure, but here we are, Friday morning, and 5pm is just 10 hours away....
https://knews.kathimerini.com.cy/en/news/trump-to-decide-on-iran-strikes-within-two-weeks-as-conflict-escalates
President Donald Trump is expected to decide on potential military strikes against Iran within two weeks, the White House said Wednesday, amid ongoing regional tensions....
https://knews.kathimerini.com.cy/en/comment/opinion/the-patrol-cars-the-helicopters-annita-and-tornaritis
First things first, so I want to reassure everyone: The rumors that what transpired in the now-infamous police car scene becoming the new punishment for crossing the line at traffic lights are false....
https://knews.kathimerini.com.cy/en/news/lakatamia-land-reserved-for-school-sits-idle-since-1996
Nearly three decades after land was reserved for a new school in Lakatamia, the property remains untouched, prompting fierce criticism from lawmakers who say the state has violated landowners' rights and failed to act transparently....
https://knews.kathimerini.com.cy/en/news/u-s-may-ask-uk-to-open-cyprus-base-for-iran-operations
The United States may ask the United Kingdom to allow American refueling aircraft to operate from Britain’s military base in Cyprus, as former President Donald Trump considers launching strikes on Iran in response to the escalating war with Israel....
https://knews.kathimerini.com.cy/en/news/trump-poised-for-strike-on-iran-as-israel-urges-‘finish-the-job
President Donald Trump has approved military plans for a potential U.S. strike on Iran, but he has not yet given the green light to carry them out. While the White House is preparing for a possible offensive “in the coming days,” officials say Trump is still hoping that the mere threat of force will push Iran to abandon its nuclear ambitions....
https://knews.kathimerini.com.cy/en/news/israel-slams-turkey-over-cyprus-occupation-while-erdogan-calls-netanyahu-hitler
A war of words erupted between Israel and Turkey on Wednesday, with Israeli Foreign Minister Israel Katz accusing Turkish President Recep Tayyip Erdogan of hypocrisy over comments comparing Israeli Prime Minister Benjamin Netanyahu to Adolf Hitler....
https://knews.kathimerini.com.cy/en/news/stranded-young-tourists-evacuated-in-rare-style-aboard-luxury-liner-crown-iris-escorted-by-israeli-navy
A luxury cruise ship carrying more than 1,500 young tourists arrived in Cyprus this week after a covert evacuation from Israel, as hostilities between Israel and Iran intensified....
https://knews.kathimerini.com.cy/en/news/new-zealand-approves-component-of-magic-mushrooms-for-medicinal-use
New Zealand has become the latest country to permit the medicinal use of psilocybin, the active compound in so-called “magic mushrooms,” approving it for treatment-resistant depression under tightly controlled conditions....
https://knews.kathimerini.com.cy/en/business/cyprus-salaries-rise-by-13-over-two-years-labour-minister-says
Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately €2,500, Minister of Labour and Social Insurance Yiannis Panayiotou announced Wednesday, citing recent Eurostat data....
https://knews.kathimerini.com.cy/en/business/india-s-drone-power-lands-in-cyprus
Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....
https://knews.kathimerini.com.cy/en/news/foreign-ministry-repatriates-22-cypriots-from-israel-and-iran
A total of 22 Cypriot citizens have been safely evacuated from Israel and Iran as the Foreign Ministry ramps up repatriation efforts amid rising regional tensions, Foreign Minister Constantinos Kombos said Wednesday....
https://knews.kathimerini.com.cy/en/business/83-major-companies-in-cyprus-operating-without-required-permits-lawmakers-say
Eighty-three major industrial sites across Cyprus are operating without valid town planning permits, building permits, or approval certificates, key documents required to regulate pollution and safeguard public health, according to AKEL MP Nicos Kettiros....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/u-s-planes-in-cyprus-for-civilian-evacuations-not-military-ops-officials-say
Defense Minister Vassilis Palmas confirmed Wednesday that American military transport planes are stationed in Cyprus, but stressed they are not here for combat missions....
