https://knews.kathimerini.com.cy/en/business/xm-investors-await-green-light-to-take-over-ancoria-bank
Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/we-agreed-to-keep-talking-because-that-s-what-we-do
They came, they saw, they departed. They talked, they ate, they left. In the end, everyone was satisfied, just like in the old days when both winners and losers would claim victory after elections....
https://knews.kathimerini.com.cy/en/business/banks-show-profit-decline-asset-growth-and-capital-strengthening-in-q1-2025
The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/comment/opinion/nicosia-the-neglected-relative
Nicosia has structural issues. Where other cities have the sea, Nicosia has the Green Line. By its very nature, its development, and even the daily relief of its traffic, does not unfold in any smooth or natural way....
https://knews.kathimerini.com.cy/en/out-about/united-street-festival-brings-music-art-and-summer-vibes-to-the-heart-of-nicosia
The city’s main square is coming alive this week as the United Street Festival returns for its second edition, turning Eleftheria Square into a buzzing hub of music, art, food, and creative energy....
https://knews.kathimerini.com.cy/en/news/lebanese-president-makes-one-day-visit-to-cyprus-for-bilateral-talks
President Nikos Christodoulides welcomed Lebanese President Joseph Aoun to Cyprus on Wednesday for a one-day official visit, marking a renewed commitment to strengthening ties between the two neighboring countries....
https://knews.kathimerini.com.cy/en/comment/opinion/the-real-emergency-isn-t-antisemitism-it-s-gaza
A provocative comment by AKEL Secretary-General Stefanos Stefanou during the party’s recent 24th congress has ignited public debate in Cyprus around antisemitism, or more precisely, the way the term is being politically weaponized. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-flies-solo-to-un-summit-in-bold-cyprus-peace-bid
President Nikos Christodoulides will head to New York later this month for crucial UN-hosted talks on the Cyprus problem, but notably, he’ll be going alone....
https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/comment/opinion/nikaros-varosiotou-strovolos-and-the-one-billion
“The DISY party was not created to serve anyone’s personal ambitions!” When that comes out of Nikos Anastasiades’ mouth, it takes on an altogether different meaning....
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/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/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/news/trump-demands-netanyahu-s-corruption-trial-be-dropped-calls-it-a-witch-hunt
U.S. President Donald Trump on Wednesday called for the “immediate” cancellation of Israeli Prime Minister Benjamin Netanyahu’s corruption trial, slamming the case as a “witch hunt” against a man he described as a national hero....
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/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/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/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/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
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/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/news/the-catalytic-role-of-legal-and-regulatory-functions-in-the-modern-era-of-sustainable-development
In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...
https://knews.kathimerini.com.cy/en/out-about/abr-festival-beats-art-and-chaos-in-the-capital
Nicosia is about to get a whole lot hotter, and we don’t just mean the weather. One of Cyprus’ most beloved summer festivals, AfroBanana, is turning a fresh page this June. ...
https://knews.kathimerini.com.cy/en/news/israeli-airstrike-hits-iran-s-state-tv-headquarters-as-nuclear-tensions-surge
Israel launched a direct strike on Iran’s state television headquarters in Tehran early Monday, intensifying a growing conflict and sending thousands of residents fleeing the capital....
https://knews.kathimerini.com.cy/en/news/is-phedon-phedonos-gearing-up-for-2028
When Phedon Phedonos launched a fresh offensive from Paphos last month, accusing certain Cyprus-based forex companies of laundering dirty money and warning that the Cypriot economy was veering dangerously close to a “casino model,” it sent ripples through Nicosia....
https://knews.kathimerini.com.cy/en/news/nicosia-activates-crisis-response-as-israel-iran-tensions-escalate
In response to the latest Middle East crisis sparked by Israel’s missile strikes on Iran, Nicosia is sticking to its long-held stance that Cyprus serves as a humanitarian bridge between East and West....
https://knews.kathimerini.com.cy/en/news/middle-east-crisis-escalates-out-of-control
Israel launched the largest military operation in its history against Iran on Friday, carrying out a surprise, large-scale assault targeting Iran’s nuclear, military and scientific infrastructure....
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....
