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1. As expected, no breakthrough, but no collapse either

As expected, the informal five-party summit on the Cyprus issue wrapped up in the early hours of Friday morning at United Nations headquarters in New York, without any breakthroughs, but also without the process falling apart....

2. Novardia Credit Insurance Brokers Ltd. launches as Cyprus-based specialist in credit insurance

A new, Cyprus-based insurance brokerage company specializing exclusively in credit insurance has been established....

3. Cyprus Parliament approves bill to align with Schengen VIS system

Cyprus’s House of Representatives on Thursday approved legislation paving the way for the country’s integration into the Schengen Area’s Visa Information System (VIS), a move seen as a significant step toward full accession to the Schengen zone....

4. Fidias interviewed Tatar, and I’m glad he did

What’s all the hullabaloo about? That’s what I found myself asking after watching MEP Fidias Panayiotou’s interview with Turkish Cypriot leader Ersin Tatar. In my view, it was a fascinating, necessary, and, yes, bold move. But apparently, not everyone agrees....

5. Caritas opens KIPOS for kids and curious minds

Caritas Cyprus has just planted something special in the heart of Nicosia, and it’s already growing smiles....

6. Scandal deepens in socialite crime ring case as family returns to court

The scandal surrounding a 37-year-old businesswoman and socialite at the center of a suspected organized crime ring in Cyprus took a darker turn this week, with her parents and brother once again brought before the Nicosia District Court....

7. 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....

8. 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. ...

9. 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....

10. 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. ...

11. PwC Cyprus organizes consecutive leadership events designed to equip family and small businesses with strategic insights and practical tools to foster growth.

PwC Cyprus, under the auspices of the Cyprus-UK Business Association and the Institute of Chartered Accountants in England and Wales (ICAEW), and with the support of the British High Commission,...

12. Deutsche Bank eyes return to Cyprus after nearly a decade

Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....

13. U.S. pulls embassy staff from Baghdad as fears of Iran-Israel clash grow

The U.S. is pulling non-essential embassy staff and their families out of Baghdad, citing rising security concerns tied to growing tensions between Israel and Iran, U.S. officials confirmed Wednesday. ...

14. BoC eyes bigger role in your financial future

Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...

15. Texas-based AI powerhouse Tenstorrent expands to Cyprus

One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....

16. “The right time is coming and it will come soon,” vows Greek Foreign Minister regarding Crete-Cyprus power link

Greek Foreign Minister Giorgos Gerapetritis reaffirmed Greece’s commitment to the Crete-Cyprus electricity interconnection project, stating that it will proceed as planned and “at the right time,” during a recent interview....

17. Kremlin's security shattered as Ukraine targets Russian heartland

A series of Ukrainian drone strikes deep inside Russian territory over the weekend has exposed vulnerabilities in Moscow’s military defenses and dealt a symbolic and strategic blow to the Kremlin’s confidence, just ahead of peace talks in Istanbul....

18. Freedom24 hits 100K users in Greece, driven by digital-savvy investors

19. Global VC investment rises in Q1’25 on back of record-setting $40 billion Open AI deal, according to KPMG’s Venture Pulse

Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....

20. Tatar threatens retaliation over property arrests, snubs trilateral peace talks

Turkish Cypriot leader Ersin Tatar adopted a hardline stance following his meeting with the UN Secretary-General’s personal envoy, María Ángela Holguín. Tatar focused heavily on the issue of property rights...

21. Lidl brings Youth Camp for girls to UEFA Women’s EURO 2025TM

Lidl is empowering the next generation of women with new pan-European football and health focused program for young women. The program is organised by Lidl as part of the official partnership with UEFA Women’s EURO and in collaboration with WePlayStrong....

22. Desalination units targeted for May arrival and operation by June

The Agriculture Ministry is racing against time to balance water supply during the peak demand of the summer months....

23. Freedom Holding Corp. Reaches $10 Billion Valuation on Record Share Price

Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...

24. Cyprus borrowers are back as loan demand soars in 2025

Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....

25. No ''Shhh'' for Cyprus, Eurovision dream ends in the semis

Cyprus' Eurovision hopes were dashed on Tuesday night in Basel, Switzerland, as Theo Evan's electric performance of ''Shhh'' couldn’t quite crack the top ten in a fiercely competitive semi-final....

26. Nip, tuck… and anime? What's behind Cyprus’ cosmetic surgery boom

Gone are the days when plastic surgery was just for the rich and famous. In Cyprus, cosmetic procedures have gone mainstream, and business is booming. ...

27. Cypriot banks on the rise as credit upgrades could mean cheaper loans for all

Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....

28. Why London’s real estate market remains one of the most liquid in the world

London’s property market has long been considered a safe bet for investors. The reason? It’s all about liquidity. ...

29. US Ambassador to Cyprus gets powerful Ukraine role, and that’s good news for Cyprus

In a move that shows just how much trust Washington has in her, US Ambassador to Cyprus Julie Davis has just been handed a second, extremely high-stakes job: America’s top diplomat in war-torn Ukraine....

30. Lidl Cyprus celebrates 15 years with a 15% discount on all fresh pork and beef products

With 15 years of continuous growth and trust, the company continues to invest in competitive prices and strict quality standards for all consumers....