https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sheds-€2-5b-in-real-estate-marks-biggest-property-sale-in-island-s-history
The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....
https://knews.kathimerini.com.cy/en/business/wizz-air-announces-a-new-route-from-larnaca
Wizz Air, Europe’s most environmentally sustainable airline , is delighted to announce a new exciting direct route from Larnaca to Tirana....
https://knews.kathimerini.com.cy/en/news/celebrating-excellence-university-of-limassol-hosts-its-2025-graduation-ceremony
The University of Limassol (UoL) proudly hosted its 2025 Graduation Ceremony on Thursday, 26 June, marking a major milestone in its continuing journey as one of Cyprus’s most innovative and forward-thinking academic institutions....
https://knews.kathimerini.com.cy/en/news/eurobank-group-to-build-care-centre-and-independent-living-residences-for-people-with-disabilities
In a firm commitment to social inclusion and care of vulnerable groups, Eurobank is reinforcing its social role by announcing the development of a Day Care Centre for People with Disabilities over the age of 21, along with two Independent Living Residences for adults with autism....
https://knews.kathimerini.com.cy/en/news/ireland-first-to-ban-goods-from-israeli-settlements
Ireland is making history as the first European country to introduce a law banning the import of goods from Israeli settlements in the occupied Palestinian territories, a move that could send ripples across the EU and beyond....
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/second-home-program-gives-appliances-a-new-purpose-giving-families-a-new-start
The “Second Home” program by Kotsovolos is a bridge between surplus and need, comfort and struggle, everyday items and extraordinary hope....
https://knews.kathimerini.com.cy/en/news/mp-s-approve-€100m-fund-to-aid-2013-bank-crisis-victims
Twelve years after the 2013 banking crisis devastated thousands of depositors and investors, Cyprus’ Parliament has approved a long-awaited budget for the National Solidarity Fund, unlocking €100 million in compensation for those hardest hit....
https://knews.kathimerini.com.cy/en/news/kpmg-in-cyprus-ignites-innovation-with-the-2025-summer-business-game
On 25 June 2025, KPMG in Cyprus turned its Nicosia offices into a hub of innovation and entrepreneurial spirit with the 8th annual Business Game....
https://knews.kathimerini.com.cy/en/business/1-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. ...
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/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. ...
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/business/cyprus-reinstates-abramovich-firm-to-go-after-directors-for-€25m-tax-debt
Cyprus is breathing life back into a defunct company once linked to Russian billionaire Roman Abramovich, not to do business, but to collect what it’s owed....
https://knews.kathimerini.com.cy/en/comment/opinion/president-on-the-move…-again
“Wait, the president’s off on another trip? Honestly now, does he only come to Cyprus for vacation, or when a foreign official happens to drop by? How can he be so relaxed when next month we’ve got critical talks that could shape the future of the Cyprus problem?”...
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-patrol-cars-the-helicopters-annita-and-tornaritis
First things first, so I want to reassure everyone: The rumors that what transpired in the now-infamous police car scene becoming the new punishment for crossing the line at traffic lights are false....
https://knews.kathimerini.com.cy/en/news/lakatamia-land-reserved-for-school-sits-idle-since-1996
Nearly three decades after land was reserved for a new school in Lakatamia, the property remains untouched, prompting fierce criticism from lawmakers who say the state has violated landowners' rights and failed to act transparently....
https://knews.kathimerini.com.cy/en/news/25th-petrolina-annual-general-meeting
On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....
https://knews.kathimerini.com.cy/en/business/india-s-drone-power-lands-in-cyprus
Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....
https://knews.kathimerini.com.cy/en/out-about/abr-festival-beats-art-and-chaos-in-the-capital
Nicosia is about to get a whole lot hotter, and we don’t just mean the weather. One of Cyprus’ most beloved summer festivals, AfroBanana, is turning a fresh page this June. ...
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/news/student-grant-system-under-fire-over-payouts-to-the-wrong-people
The Office of the Auditor General has raised concerns over how student scholarships are awarded and paid out in Cyprus, following a 2023 audit that found gaps and procedural problems in the system....
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/business/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,...
https://knews.kathimerini.com.cy/en/business/oil-and-gas-prices-surge-after-attack-on-iran-nuclear-sites
Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/new-era-in-vocational-training-lidl-cyprus-invests-in-the-new-generation
Lidl Cyprus is ushering in a new era in vocational education and training with Lidl UP: Learn & Work, an innovative dual education programme, implemented in collaboration with the Future Skills Hub, the Learning Center of the European University Cyprus....
https://knews.kathimerini.com.cy/en/news/ecthr-orders-€18-000-payout-to-cypriot-company-over-famagusta-property-claim
The European Court of Human Rights (ECtHR) has ordered Turkey to pay €18,000 in damages and legal fees to Cypriot company K.V. Mediterranean Tours Ltd., over delays in handling a property claim in the fenced-off area of Famagusta....
https://knews.kathimerini.com.cy/en/business/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. ...