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1. Lidl Cyprus Platinum Sponsor at the 13th Conference of the Cyprus Dietetic & Nutrition Association

This year, Lidl Cyprus actively supported the 13th Dietetics & Nutrition Conference (CyDNA) of the Cyprus Dietetic and Nutrition Association as Platinum Sponsor, which took place in Nicosia on 7–9 November 2025. The scientific programme focused on the transformation of nutrition and dietetics based on evidence, sustainability and health equity, including a multitude of sessions, workshops and parallel activities....

2. Bank of Cyprus posts €353 million profit in 2025 despite lower interest income

Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....

3. One small step for man…one giant waste of time for womankind

I nearly spit out my coffee when I saw the story pop up: Cyprus has unveiled its first female pedestrian crossing lights. Yes, you read that right. The little stick figure that tells you when to cross the street is now wearing a skirt....

4. Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024

Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....

5. From Nicosia to New York: Cyprus’ halloumi lands in the West Village

New Yorkers are about to learn what Cypriots have known all along: there’s no problem in life that a bit of halloumi can’t fix....

6. Deloitte Cyprus issues its Annual Transparency Report: Building trust, driving impact, and shaping a sustainable future

Deloitte Cyprus has published its 14th Transparency Report covering the period from 1 June 2024 to 31 May 2025....

7. BOC reports €235M in profits, but what does that actually mean for the rest of us?

8. 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....

9. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

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. 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....

12. Wizz Air wins the World Finance most sustainable low-cost airline award for the fifth consecutive year

Wizz Air has once again been named the ''Most Sustainable Low-Cost Airline'' by the World Finance Sustainability Awards in 2025. ...

13. 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. ...

14. 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. ...

15. Cyprus lawmakers end auctions for Turkish Cypriot homes

The Parliamentary Refugee Committee has moved to end the practice of auctioning Turkish Cypriot homes, reaffirming that such properties should be reserved strictly for displaced persons' primary residences....

16. Deloitte Cyprus welcomes two new partners

Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....

17. Freedom Holding Corp. added to the prestigious Russell 3000® Index

Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....

18. New 15% tax hits Hellenic and other banks

Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....

19. Cyprus extends breastfeeding work breaks for working mothers to one year post-childbirth

Cyprus’ House of Representatives unanimously approved a bill Thursday extending the right for working mothers to take one hour of daily leave for breastfeeding or childcare from nine to twelve months after childbirth or adoption....

20. President unveils ''Brain Gain'' campaign and Silicon Valley ties at economic conference

Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....

21. Progress in Motion: The Proposed Mall of Limassol is a planned development that will reshape the city’s future

The proposed Mall of Limassol is poised to create a premier destination for shopping, dining and entertainment in Limassol....

22. BOC seeks to acquire Ethniki Insurance’s Cyprus subsidiary

Bank of Cyprus is moving forward with the acquisition of Ethniki Insurance’s Cyprus subsidiary, having entered exclusive negotiations for its purchase....

23. Bank of Cyprus upgraded to investment grade by Fitch

The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...

24. Consulco Welcomes Christoforos Kittenis as Director at London Credit

Consulco is proud to announce the addition of Christoforos Kittenis to the team as Director at London Credit, the UK-based lender of the Consulco Group....

25. Eurobank Cyprus: Stronger in 2024, with a net profit of €214mn

Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...

26. Cyprus tops EU in female enrollment for Master’s and Doctorate programs

In a groundbreaking achievement, Cyprus has been recognized for having the largest share of women pursuing master's studies in 2022 among all EU member states, according to the latest data from Eurostat, the European Union’s statistical service....

27. Fintech giants eye Cyprus' small banks in race for European banking licenses

Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...

28. Cyprus among EU countries lagging in gender budgeting initiatives

Cyprus stands out as one of only three European Union (EU) member states currently lacking a gender budgeting framework, alongside Estonia and Lithuania....

29. Bank of Cyprus posts €508M profit for 2024

Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....

30. Christodoulides to visit US in April to boost Cyprus investments

President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...