https://knews.kathimerini.com.cy/en/business/columbia-group-buys-venus-rock-golf-for-€132m-in-one-of-cyprus-biggest-real-estate-deals
One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....
https://knews.kathimerini.com.cy/en/news/cyprus-where-bridges-get-inaugurated-while-justice-gets-delayed
I confess: I now find it hard to spot a parked patrol car without instinctively trying to see what the officers inside are actually doing....
https://knews.kathimerini.com.cy/en/news/inviting-the-invader
In a surprising move that could mark a shift in regional diplomacy, Cyprus plans to invite Turkish President Recep Tayyip Erdogan to a high-level summit in 2026, despite the island's bitter, decades-long division with Turkey....
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-joins-southern-eu-nations-in-opposing-proposed-france-uk-migration-pact
Cyprus and four other southern European Union countries have voiced opposition to a proposed migration agreement between France and the United Kingdom, cautioning it could shift the burden of asylum claims onto them....
https://knews.kathimerini.com.cy/en/news/turkey-defends-libya-maritime-deal-accuses-eu-of-bias-in-mediterranean-dispute
Turkey pushed back on Friday against the conclusions of the European Union summit, which again criticized a 2019 maritime agreement between Turkey and Libya....
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/bank-of-cyprus-to-auction-cars-of-all-kinds-on-july-1
If you’re looking for a bargain on a car, the Bank of Cyprus may have just what you need....
https://knews.kathimerini.com.cy/en/business/woman-battles-to-save-her-home-despite-bureaucratic-silence
Despite never missing a payment, Elena Yasemidou is on the brink of losing her home. She's a victim, she says, of bureaucratic neglect and heartless inflexibility....
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/trump-touts-israel-iran-ceasefire-as-vindication-of-u-s-airstrikes
President Donald Trump on Monday announced what he called a “Complete and Total CEASEFIRE” between Israel and Iran, framing the tentative agreement as a direct result of his decision to authorize U.S. airstrikes on Iranian nuclear facilities....
https://knews.kathimerini.com.cy/en/news/nissan-s-next-gen-driver-assist-tech-could-ease-daily-commute-in-cyprus
Ever been stuck in traffic on the Nicosia-Limassol highway, crawling along at a snail’s pace, wishing your car could just take over? By 2027, that might not be such a far-fetched dream....
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/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/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/business/bollywood-bots-and-big-bucks-as-cyprus-becomes-india-s-new-business-and-movie-hub
In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....
https://knews.kathimerini.com.cy/en/business/cnp-cyprus-rebrands-as-erb-after-€182m-acquisition-by-hellenic-bank
By the end of June 2025, ''CNP'' will be renamed ''ERB'' as a result of the acquisition of CNP Cyprus Insurance by Hellenic Bank....
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/sirens-sound-across-israel-as-iranian-missile-attacks-continue
Air raid sirens blared across Israel on Friday night as Iranian missile attacks struck multiple locations, including Tel Aviv, where explosions were reported amid escalating hostilities between Iran and Israel....
https://knews.kathimerini.com.cy/en/business/maspex-romania-eyes-majority-control-of-cyprus-based-purcari-wineries
Maspex Romania has announced plans to take over Purcari Wineries, the Cyprus-registered winemaker known for its Moldovan heritage and international reach. ...
https://knews.kathimerini.com.cy/en/news/father-of-teen-killed-by-takata-airbag-receives-second-request-to-pay-for-replacement
The father of 19-year-old Styliani Giorgalli, who died in a car accident on Oct. 21, 2024, has received a second request to pay for a replacement Takata airbag linked to her death....
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/eu-approves-rules-allowing-airlines-to-charge-for-cabin-baggage
EU transport ministers on Thursday approved updated air passenger rights rules that include allowing airlines to charge for carry-on cabin baggage, despite opposition from Germany, Spain, Portugal, and Slovenia....
https://knews.kathimerini.com.cy/en/business/thousands-see-cheaper-monthly-payments-as-boc-lowers-loan-rates
Cyprus homeowners and businesses, take note: your loan payments might be about to shrink....
https://knews.kathimerini.com.cy/en/business/new-eu-rules-mean-less-compensation-for-travelers
If you’re heading off on holiday this summer, hoping your flight goes smoothly, here’s something to keep in mind: the EU just agreed on new rules that cut the amount airlines have to pay passengers when flights are delayed....
https://knews.kathimerini.com.cy/en/business/alpha-bank-sets-sights-on-cyprus-insurer-altius-in-expansion-push
Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....
https://knews.kathimerini.com.cy/en/news/from-i-do-to-i-declare-weddings-now-come-with-a-bank-form
Weddings in Cyprus come with dancing, food, and the all-important envelope. But now, it seems those envelopes might need more paperwork than your actual marriage license....
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-–-30-05-2025
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/cypriots-cruise-into-summer-despite-rising-costs
Despite rising travel costs, Cypriots are going full steam ahead with their summer holiday plans, and this year, cruises are leading the way....
https://knews.kathimerini.com.cy/en/news/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....
