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1. €120 million Kouris project to bring 220km sewerage network to western Limassol

A major expansion of the sewerage system in western Limassol is getting underway, with construction costs expected to exceed €120 million and infrastructure planned to cover around 33 square kilometres....

2. It’s alive!

When Jacob Coxon, a researcher at Anthropic and former OpenAI employee, resigned noisily on X, he warned that artificial intelligence companies were playing with the lives not simply of people, but of humanity itself, in a race to build self-improving models....

3. Three major deals await the regulators’ green light

Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process....

4. Artemion, the Holocaust and the Israelis' title deeds

Any Jew who set foot in Cyprus was subject to immediate execution. No questions asked. The law was clear and absolute, and it included stranded sailors and shipwreck survivors, cast ashore by ''the wind of the sea.''...

5. ''European involvement'' could backfire by helping end Turkish Cypriot isolation

Turkey is attempting to turn European involvement in the Cyprus issue into a boomerang by directing it exclusively towards ending what it describes as the ''isolation'' of the Turkish Cypriot community....

6. Coming elections put banks back in the spotlight

Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....

7. Cyprus aims for Schengen entry without resolving national issue

The Christodoulides administration has charted a new course by pursuing full Schengen membership regardless of whether the Cyprus problem is resolved, marking a break from previous governments....

8. Does the new French backing of the Greece–Cyprus cable finally mean cheaper electricity

The move, which appears to be a success for Athens and specifically for the Maximos Mansion and which surprised many in Nicosia, provides convincing answers to the questions and concerns that had been causing unease until this morning....

9. Ankara tells EU: End Turkish Cypriot isolation before seeking a role in Cyprus talks

Turkey is sending the message to Brussels that there is only one role the European Union could play in the Cyprus issue, according to information obtained by “K”: implementing the EU conclusions of April 2004, which stated that “the Council is determined to put an end to the isolation of the Turkish Cypriot community...”...

10. Guterres’ Cyprus gamble: Can a multilateral conference break years of deadlock?

UN Secretary-General Antonio Guterres believes the goal of convening a multilateral conference on the Cyprus issue is ''feasible,'' according to information obtained by Kathimerini, with the UN chief appearing optimistic during his closed-door meetings that he may even be in a position to announce the prospect of such a conference “possibly today.”...

11. Cyprus’ path to Schengen: Implications for employers

12. 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....

13. 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....

14. 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....

15. 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....

16.  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....

17. 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....

18. 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....

19. 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....

20. 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...

21. 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....

22. 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....

23. 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....

24. 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....

25. 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....

26. 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....

27. 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....

28. 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....

29. 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....

30. 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....