https://knews.kathimerini.com.cy/en/business/nicosia-to-receive-over-€1-billion-in-development-projects-president-announces
President Nikos Christodoulides unveiled more than 80 projects valued at over €1 billion aimed at transforming Nicosia and its surrounding suburbs during an event Monday at the Nicosia Municipal Theater....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/comment/opinion/one-in-four-students-leaves-primary-school-with-critically-low-skills
The dust has long settled on the issue. After a period of obsessive opposition and a kind of cat-and-mouse resistance to the now-infamous ''quarterly exams,'' the government ultimately gave in to public pressure. ...
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-upgrades-freedom24-outlook-to-positive-citing-stronger-risk-management
S&P Global Ratings has revised its outlook on Freedom Finance Europe Ltd., operating under the Freedom24 brand, from stable to positive, while affirming its 'B+/B' long- and short-term issuer credit ratings....
https://knews.kathimerini.com.cy/en/news/fire-breaks-out-at-lycavittos-elementary-school-in-nicosia
Fire crews responded Saturday night after a blaze broke out at Lycavittos Elementary School in Nicosia, causing minor damage and prompting an investigation into the cause....
https://knews.kathimerini.com.cy/en/news/trump-offers-$30b-to-iran-ditch-the-enrichment
In a dramatic shift from bombs to diplomacy, the Trump administration is reportedly considering a bold new offer to Iran: up to $30 billion in foreign financing to help build a nuclear energy program, so long as Tehran agrees to give up uranium enrichment entirely....
https://knews.kathimerini.com.cy/en/news/ship-full-of-electric-cars-sinks-in-pacific-now-the-ocean-could-pay-the-price
A cargo ship carrying over 3,000 vehicles, including hundreds of electric and hybrid cars, has sunk deep in the North Pacific, sparking serious concerns about battery contamination and a potential marine pollution disaster....
https://knews.kathimerini.com.cy/en/news/lawmakers-propose-transparency-for-mobile-traffic-cameras
Lawmakers are calling for greater transparency in the use of mobile traffic cameras following criticism that the current system relies on hidden surveillance rather than public safety....
https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-work-from-home-for-public-servants-as-perks-keep-piling-up
Just when complaints over an oversized and well-paid public sector haven’t died down, the government is moving to give civil servants the option to work from home, at least part of the time....
https://knews.kathimerini.com.cy/en/business/1-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/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/business/june-newsletter-of-k-treppides-co-ltd-–-20-06-2025
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....
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/business/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....
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/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/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/business/cabinet-looks-to-end-decades-long-debate-on-multiple-pensions
The Cabinet on Tuesday approved an amended bill on retirement benefits for state officials, moving one step closer to resolving a public issue debated for over 40 years....
https://knews.kathimerini.com.cy/en/business/alpha-bank-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....
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/smart-meters-continue-to-roll-out-across-cyprus
The Cyprus Electricity Authority (EAC) is picking up the pace with its smart meter rollout, announcing that from Tuesday, installations will expand to more neighborhoods in all districts of the island....
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/cyprus-scores-a-global-win…then-trips-over-its-own-diplomatic-shoelaces
After the meeting with Biden, which, let’s be honest, wasn’t exactly a home run, we were treated to what’s being billed as another major political development, ...
https://knews.kathimerini.com.cy/en/news/video-shows-aftermath-of-israeli-strike-on-tabriz-airport-in-iran
Thick smoke was seen rising over Tabriz International Airport following what Iranian state media described as an Israeli airstrike on the northwestern city....
https://knews.kathimerini.com.cy/en/news/parliament-mandates-breastfeeding-rooms-in-workplaces
Parliament has unanimously passed a law requiring all workplaces, both public and private, as well as public spaces, to provide designated breastfeeding rooms or spaces for expressing and storing breast milk....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/news/breaking-air-india-flight-to-london-crashes-after-takeoff-242-feared-dead
Tragedy struck India early Wednesday when an Air India flight bound for London Gatwick crashed just minutes after takeoff from Ahmedabad airport, with 242 people on board....
