Search

1. Weather forecast: Sun, clouds, and the Monday plot twist

A seasonal low-pressure system is hanging around, and starting Monday, it plans to spice things up with some instability. Until then, we mostly get sunshine with occasional interruptions....

2. Giorgio Armani, fashion icon who redefined elegance, dies at 91

Giorgio Armani, the Italian designer who redefined global fashion with his sleek tailoring and timeless elegance, has died at 91....

3. Lidl Cyprus reduces prices on all baked goods by 15% and launches a humorous campaign

Lidl Cyprus is launching an initiative to lighten the burden on consumers and increase everyday enjoyment. From September 4 to October 1, 2025, the company will reduce prices on all popular, freshly baked pastries by 15%. The campaign is accompanied by a new, humorous advertising campaign entitled “Rumors Say”....

4. BlackRock Becomes The Second-Largest Shareholder of Freedom Holding Corp.

Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology company and the parent company of the Freedom24 investment platform, announced that BlackRock has increased its stake in the company to 0.85%, investing about $89 million....

5. Don’t get me wrong…but…

Now don’t get me wrong. I think it’s great that Cyprus is tightening ties with the United States. About time, really. From the shiny new CYCLOPS training center in Larnaca, to the Americans flying in investigators for the Limassol wildfires,...

6.  Bacteria levels prompt swimming warning at Agia Varvara beach

Authorities have advised the public to avoid swimming at Agia Varvara (Santa Barbara) beach in the coastal town of Agios Tychonas after water tests detected high levels of bacteria....

7. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

8. Cyprus is a magnet for foreign companies as registrations surge

Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region....

9. A farewell from the fault line

On a scorching Tuesday morning, I drove through a place I had never been before…not really. The UN buffer zone between the Republic and the Turkish-occupied north is often spoken about, reported on, even filmed. But driving through it? That’s something else entirely....

10. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

11. Police sweep in old Nicosia uncovers weapons and illegal residents

Police are stepping up their presence inside the walled city of Nicosia, aiming to boost safety and public confidence with more visible patrols and on-the-spot checks....

12. Cyprus airports set for €170M makeover as passenger growth soars

Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...

13. 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....

14. 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....

15. 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....

16. 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....

17. 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....

18. 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....

19. 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....

20. 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. ...

21. 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....

22. 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. ...

23. 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,...

24. 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....

25. 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. ...

26. 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. ...

27. 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....

28. “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....

29. 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....

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