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1. Cyprus’ path to Schengen: Implications for employers

2. Traditional banks are funding more shadow loans

While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....

3. Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....

4. Coral Cyprus (Shell Licensee) strengthens the Shell service station network with a new strategic location in Aradippou

Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....

5. European Parliament backs Cyprus with fresh report on Turkey and reunification

Just three weeks after its report on Turkey sent a strong message on the framework for resolving the Cyprus issue and rejected Ankara's "two-state" narrative, the European Parliament has adopted another report that reinforces Nicosia's positions....

6.  New data details scale of domestic abuse and femicide in Cyprus

Cyprus recorded 17 femicides between 2020 and 2025, according to newly released figures from the police. Over the same six-year period, authorities recorded 16 specific cases of femicide, indicating that at least one incident involved multiple fatalities....

7. Cyprus receives first €177 million payment under EU defence fund

Cyprus has received an initial €177.2 million payment from the European Union through the Security Action for Europe (SAFE) defence funding programme, marking the first tranche of financial support allocated to the country under the scheme....

8. Turkey steps up focus on Cyprus as Israel ties expand

Cyprus is finding itself more frequently at the center of discussions about Israel's growing strategic footprint in the Eastern Mediterranean, as regional rivalries continue to reshape security and diplomatic relationships across the region....

9. After the Mafia State report, attention turns to investor confidence

The findings of the investigation into Mafia State, which identified potential criminal offenses involving 15 individuals and legal entities, are expected to have an immediate effect on public confidence and Cyprus’s reputation abroad....

10. Anastasiades linked to seven potential offences in Mafia State findings

Former president Nicos Anastasiades is linked to seven potential offences in the findings of Cyprus' Independent Authority Against Corruption following its investigation into allegations contained in the book Mafia State...

11. Cyprus’ newest eye in the sky: How a space project could change life on the ground

When most people think of space technology, they imagine rockets, astronauts, and distant planets. But Cyprus’ newest move into the space sector is much closer to home and could one day help firefighters detect disasters faster, farmers use less water, authorities monitor the sea, and scientists better understand the changing climate....

12. Mortgage-to-Rent scheme gets 180 new applications, but is it picking up?

The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply....

13. Deutsche Bank sees Greek banks as takeover targets, with Bank of Cyprus in view

Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece....

14. Bank of Cyprus named the Best Bank in Cyprus in Global Finance’s World’s Best Banks Awards 2026

Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank in Cyprus in its World’s Best Banks Awards 2026....

15. Timur Turlov presents Freedom case

On 26 May, Timur Turlov, CEO of Freedom Holding Corp., a parent company of Freedom24, addressed MBA students at Stanford University in California. The session marked the first academic case study at the Stanford Graduate School of Business (GSB) dedicated to the corporate strategy of a Central Asian company....

16. Leonardo Hotels Mediterranean Strengthens Its Presence in Greece and Cyprus with a New Hotel in the Center of Athens

Leonardo Hotels & Resorts Mediterranean has proceeded with a new strategic investment in the Greek hospitality market, further strengthening its presence in Athens and reaffirming its dynamic growth trajectory across the Eastern Mediterranean region....

17. Cyprus banking map set to shrink as two smaller banks change hands

Developments involving two smaller Cypriot banks are reshaping the country’s banking sector, pointing to further consolidation in an industry that has steadily strengthened in recent years....

18. After Trozena, investor interest turns to Fasli

Plans to redevelop the long-abandoned village of Trozena in the Limassol district have triggered intense public debate, as proposals linked to an Israeli investor move through Cyprus’s planning system....

19. Leonardo Hotels & Resorts Mediterranean Strengthens Its Presence in Northern Greece with MERAVIA – Leonardo Limited Edition

With its opening on May 1st, MERAVIA – Leonardo Limited Edition marks a new chapter for Leonardo Hotels & Resorts Mediterranean in Northern Greece, strategically strengthening the company’s presence within the Greek hospitality market....

20. Dinos Lefkaritis honoured as "Man of the Year 2025" in the "Entrepreneur" category

The Executive Managing Director (CEO) of Petrolina (Holdings) Public Limited received the top honour at the "Bank of Cyprus Man of the Year Awards 2025". The award ceremony took place on Tuesday, 5 May 2026, at The Royal Hall in Nicosia, in the presence of representatives from government, the business community and the civil society....

21. Ted Turner, founder of CNN and broadcasting pioneer, dies at 87

Media entrepreneur Ted Turner, the founder of CNN and one of the most influential figures in television news, has died at 87, according to the network he created....

22. Greek business wave in Cyprus seeks stronger voice

Greek business activity in Cyprus has been steadily strengthening in recent years, with a noticeable rise in investments and the relocation of skilled professionals to the island, a trend that reflects renewed confidence in the Cypriot economy....

23. Have organisational functions outlived their purpose?

In a constantly changing business landscape, where the nature of work is on a constant transformation through automation and the use of AI, traditional organisational functions seem not only outdated, but unable to achieve the agility and adaptability necessary to thrive in today’s business environment....

24. Cyprus still on investors’ radar despite Iran war

The war in Iran is not shutting the door on investment and business activity in Cyprus. ...

25. Chinese brands expand globally, redefining ''Made in China''

For decades, the label ''Made in China'' was linked to inexpensive copies. That perception is changing quickly. Chinese companies are no longer just manufacturing for others; they are building their own brands and competing directly in international markets....

26. Freedom Holding Corp. Acquires ChessBase, a Market Leader in Chess Software, Data and Content

NEW YORK CITY, NY / April 16, 2026 / Freedom Holding Corp., the international investment and technology company, has announced the acquisition of ChessBase, one of the world's oldest and largest platforms specializing in chess software, analytics and database solutions....

27. Announcement: New Leadership Appointments at K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is pleased to announce the appointment of new Directors, Principals and Senior Leaders to the Board of Directors and the Board of Management, effective 1 April 2026. ...

28. Bank of Cyprus acquires cdbBank’s healthy assets in strategic move

Bank of Cyprus (BOC) has acquired cdbBank, taking over only the financially healthy assets of the smaller lender, according to sources close to the deal....

29. Foreclosure suspensions keep returning in Cyprus

A new effort to suspend foreclosures is underway until the end of the year. Members of parliament are dissatisfied with the current foreclosure framework, and just days before Parliament dissolves ahead of the parliamentary elections, numerous legislative proposals are on the table. ...

30. BOC eyes strategic acquisitions in insurance, asset management and fintech

Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....