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1. 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....

2. Remote work coming to Cyprus' public sector, but not for everyone

A long-anticipated shift toward remote work in Cyprus’ public sector is one step closer to reality. ...

3. 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....

4. Protect Cypriot businesses before they’re bought out, Chamber chief warns

The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....

5. Building Stronger Bonds with Society – Bank of Cyprus Event Brings Together NGOs and Volunteers

Bank of Cyprus successfully hosted the event titled “Building Stronger Bonds with Society”, which brought together non-governmental organisations (NGOs), charitable foundations, and volunteer groups with the goal of strengthening collaboration and long-term sustainability....

6. Cyprus backs young entrepreneurs with €50M boost

Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....

7. 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. ...

8. BrainRocket becomes a Donor of TechIsland

TechIsland is proud to announce that BrainRocket, a global company creating innovative end-to-end tech products, has joined as one of the association’s esteemed Donors....

9. Cyprus’ e-kalathi falls flat, says consumer group

It was launched as a tool to help consumers navigate rising prices and shop smarter. But just one week in, Cyprus’ much-hyped e-kalathi platform is facing harsh criticism, and not just from shoppers....

10. Cyprus terror suspect may be part of regional spy ring, say authorities

The investigation into the Azerbaijani national arrested in Limassol last week on terrorism and espionage charges has taken a new turn, as authorities in both Cyprus and Greece explore possible links between his case and the arrest of another Azerbaijani man in Crete....

11. This isn’t just a war, it’s the Middle East reaching a historic breaking point

The unfolding confrontation between Iran and Israel is unlike anything we’ve seen in recent decades....

12. Chamber of Commerce pushes for overhaul of tax bill to attract global Cypriot talent

The Cyprus Chamber of Commerce and Industry (KEBE) is calling for key revisions and broader strategic planning in the government’s “Minds in Cyprus” tax bill, aimed at attracting talent from the Cypriot diaspora....

13. Jazeera Airways Resumes Direct Flights Between Larnaca and Kuwait

Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....

14. 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. ...

15. Cyprus bunkers: Where the real danger might be the flying office chair

With the situation between Iran and Israel growing more tense by the day, Cypriot authorities have been reminding the public to be ''prepared'' just in case the island gets accidentally (or intentionally) caught in the crossfire....

16. 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....

17. Modi begins two-day visit to Cyprus, set to sign joint declaration on strategic cooperation

Indian Prime Minister Narendra Modi arrived in Cyprus on Sunday for a two-day official visit, marking what Cypriot President Nikos Christodoulides called a historic step in the growing relationship between the two countries....

18. High temperatures

It’s around ten in the morning and there’s not a trace of shade anywhere. The sun is scalding, striking the concrete hard and bouncing back with even greater fury. I regret not bringing my straw hat....

19. Digital Assistant answers more than 104,000 citizen questions

The Digital Assistant on the gov.cy portal has responded to more than 104,000 citizen questions in its first six months of operation, the Deputy Ministry of Research, Innovation and Digital Policy announced....

20. 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....

21. Cyprus to launch e-Kalathi digital shopping platform

Energy, Commerce and Industry Minister George Papanastasiou is set to announce the launch of the e-Kalathi digital platform during a press conference Wednesday....

22. 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. ...

23. From the Mekong to the Med: How Cyprus and Cambodia are crafting a new global alliance

In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...

24. Say it isn’t so: The Trump–Elon bromance blows up online

Say it isn’t so--Donald Trump and Elon Musk, the political-tech power couple that once couldn’t stop praising each other, have officially entered the ugly-breakup phase. And they’re doing it the 2025 way: firing missiles on their own social media platforms....

25. Tornaritis launches ''Get Up'' movement: Politics, but run like a business

Christoforos Tornaritis has unveiled the first glimpse of his new political movement, ''Get Up,'' which promises to ditch traditional politics in favor of what he calls a more professional, business-style approach to running the country....

26. Lidl Cyprus takes responsibility for the environment

Recognizing that protecting the environment is a responsibility we all share, Lidl Cyprus takes an active role by implementing actions that enhance environmental awareness and contribute meaningfully to addressing the climate crisis....

27. Cyprus rolls out digital fan card and launches new tech-focused high school

Cypriots are already jumping on board the newly launched Digital Fan Card, with more than 1,000 people signing up within the first 24 hours, according to Government Spokesperson Konstantinos Letymbiotis....

28. EY announces the appointment of 4 new partners in Cyprus

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...

29. payabl. launches Virtual Business Cards to empower smarter business spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

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