https://knews.kathimerini.com.cy/en/business/freedom24-in-the-2026-fintech-awards-best-pan-european-retail-investment-platform-ai-in-finance-innovation-award
Freedom24, a European subsidiary of Freedom Holding Corp., has been named a winner in two categories of the 2026 FinTech Awards by Wealth & Finance International, securing recognition both for its position as a pan-European investment platform and for its AI-driven Neo Compliance framework. The distinctions underline the growing relevance of technology-led innovation in European investment services, where scale, speed and regulatory rigour increasingly define market leadership....
https://knews.kathimerini.com.cy/en/news/lycavittos-migrant-facility-dropped-after-neighborhood-opposition
A controversial plan to house young migrants in the Lycavittos neighborhood of the capital has been canceled following intense pushback from local residents....
https://knews.kathimerini.com.cy/en/news/mass-mourning-begins-in-iran-following-death-of-former-supreme-leader
Iran has entered an extended period of national mourning and public processions for its former Supreme Leader, Ayatollah Ali Khamenei. The events take place more than four months after his death in late February during joint military strikes conducted by the United States and Israel....
https://knews.kathimerini.com.cy/en/news/cyprus-ports-authority-unveils-415-million-euro-roadmap-for-larnaca-waterfront
The Cyprus Ports Authority has unveiled a €415 million roadmap to revamp the Larnaca port and marina, setting a course that stretches to 2045....
https://knews.kathimerini.com.cy/en/news/friday-s-forecast-the-calm-before-the-weekend-bbq-storm
We’ve made it to Friday and the Cyprus weather machine is keeping things entirely agreeable. After some early morning mist and patchy low clouds pack up and head out, we are looking at a classic, wide-open summer day with just a few decorative clouds here and there....
https://knews.kathimerini.com.cy/en/life/21st-cyprus-rialto-world-music-festival
The 21st Cyprus Rialto World Music Festival returns from 8 to 21 July 2026 as an open invitation to meet through music, reminding us of its power to bring people closer. For more than two decades, it has remained one of Cyprus’ most vibrant intercultural institutions—a space where sound becomes a language of coexistence, exchange and shared experience....
https://knews.kathimerini.com.cy/en/news/ireland-s-eu-presidency-set-to-cost-more-than-three-times-cyprus
Ireland is preparing for one of the most expensive Presidencies of the Council of the European Union in recent years, with estimated spending approaching €293 million. ...
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/tuesday-s-outlook-steady-as-she-goes-with-a-hint-of-a-breeze
The island is firmly under the influence of a standard seasonal low-pressure system, meaning we are locked into a very familiar, perfectly predictable summer pattern....
https://knews.kathimerini.com.cy/en/business/invel-real-estate-closes-oversubscribed-eudora-fund-2-at-€400m
Invel Real Estate (“Invel”), a leading European private equity real estate firm, announces today the final close of Invel Eudora Fund 2 (the “Fund”) at over €400 million in total capital commitments, exceeding its original target of €300 million. Including leverage and co-investment capital, the Fund will have a firepower in excess of €1 billion. ...
https://knews.kathimerini.com.cy/en/news/7-2-and-7-5-double-earthquake-rocks-venezuela-at-least-32-dead
Two powerful earthquakes struck Venezuela within seconds of each other, shaking the capital, Caracas, collapsing buildings, and sending thousands of terrified residents running into the streets for safety....
https://knews.kathimerini.com.cy/en/news/coral-cyprus-and-shell-branded-service-stations-once-again-supported-meet-the-legends-cyprus-major-celebration-of-classic-motorcycles
Coral Cyprus (Shell Licensee) supported Meet the Legends once again this year as a sponsor, the ultimate event of the year for classic motorcycle enthusiasts in Cyprus. The event, organised by the Classic Motorcycle Club Cyprus, took place on Sunday, 7 June 2026, at Eleftheria Square in Nicosia, from 10:00 to 17:00. It brought together motorcycle enthusiasts, collectors and visitors of all ages....
https://knews.kathimerini.com.cy/en/business/the-national-and-kapodistrian-university-of-athens-and-k-treppides-co-group-launch-a-landmark-partnership-to-shape-the-next-generation-of-leaders-in-greece-and-cyprus
The National and Kapodistrian University of Athens (NKUA) and K Treppides & Co Group are proud to announce the signing of a Memorandum of Understanding (MoU), executed on Monday, 15 June 2026, marking the beginning of a landmark strategic partnership aimed at bridging academic excellence with professional experience and creating new opportunities for the next generation of economists, business professionals, researchers and leaders in Cyprus and Greece....
https://knews.kathimerini.com.cy/en/news/ecb-warns-cyprus-foreclosure-changes-could-backfire-on-economy-and-borrowers
On May 18, 2026, the European Central Bank (ECB) received a request from Cyprus’ Finance Ministry to provide an opinion on legislation passed by Parliament that amends the country’s foreclosure framework. ...
https://knews.kathimerini.com.cy/en/business/cyprus-remains-attractive-to-investors-despite-mafia-state-report-findings
International investment into Cyprus shows no sign of slowing down, despite the conclusions of the investigative report into the so-called “State Mafia” case, which examined allegations involving 15 individuals and legal entities, including former President Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/news/nicosia-says-it-s-turning-things-around-but-traffic-and-bills-still-bite
''During the first year, we simply kept quiet and worked,'' the Municipality of Nicosia said as it presented its two-year progress report, highlighting significant steps in financial recovery, organisational restructuring, and the development course of the capital....
https://knews.kathimerini.com.cy/en/news/us-and-iran-strike-peace-deal-to-reopen-strait-of-hormuz
The United States and Iran have agreed to a peace deal aimed at ending years of escalating tensions in what is being described as one of the most significant diplomatic breakthroughs between the two countries in recent memory....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/life/enjoy-a-weekend-in-the-capital-with-a-20-discount-at-hilton-nicosia
Hilton Nicosia marks this summer’s weekends with a unique offer. Guests who will be in Nicosia during the summer months can enjoy an elevated stay at the five-star hotel with a 20% discount, combining their obligations with high-quality services and amenities....
https://knews.kathimerini.com.cy/en/news/new-traffic-message-signs-set-to-go-live
Variable Message Signs (VMS) have been installed in Nicosia, Limassol, and Paphos and are now waiting for connection to the electricity grid before becoming operational....
https://knews.kathimerini.com.cy/en/life/japan-s-ambassador-turns-cyprus-explorer-sharing-island-life-on-instagram
The Ambassador of Japan to Cyprus, Satoshi Iwasaki, who took up his duties in October 2025, spends his free time exploring the island and sharing his experiences and impressions on the embassy's Instagram page, sometimes with more enthusiasm than even the most well-known travel bloggers....
https://knews.kathimerini.com.cy/en/news/74-new-traffic-cams-to-go-up-across-cyprus-but-it-s-not-what-you-think
A full-scale rollout of 74 new traffic cameras is currently underway, forming the main system for collecting data to manage and monitor road traffic....
https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills
BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....
https://knews.kathimerini.com.cy/en/news/first-section-of-pedieos-river-park-project-completed-in-nicosia
Nicosia has reached a key stage in the redevelopment of the Pedieos River/Kanlıdere corridor, with the first phase of a European Union-funded rehabilitation project now finished....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
https://knews.kathimerini.com.cy/en/news/teenagers-remanded-after-alleged-mugging-in-nicosia
Two people aged 19 and 17 have been remanded in custody for six days following the reported theft of cash-filled envelopes from a 41-year-old man in Nicosia....
https://knews.kathimerini.com.cy/en/news/new-metropolitan-of-paphos-gregory-formally-ordained-in-nicosia-church-ceremony
The Church of Cyprus on Thursday officially ordained its new Metropolitan of Paphos, Gregory, in a solemn ceremony held at the Cathedral of Apostle Barnabas in Nicosia, marking a major leadership change in one of the island’s most historic dioceses....
https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever
With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/life/chinese-film-week-lights-up-cyprus-with-cinema-and-culture
Nicosia is about to get a taste of Chinese cinema, and not just a quiet screening or two, but a full-on Chinese Film Week in Cyprus, complete with red carpets, cultural exchanges, and a packed lineup of films running across the island....