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. ...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/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. ...
https://knews.kathimerini.com.cy/en/business/aegean-launches-new-round-of-scholarships-for-future-aircraft-engineers
AEGEAN continues to invest in the next generation of Aircraft Engineers in Greece by announcing the launch of a new cycle of its Training Scholarship program...
https://knews.kathimerini.com.cy/en/news/cash-back-coming-as-2013-crisis-victims-set-for-payouts-in-2025
A long-awaited boost is on the way for individuals hit hardest by Cyprus’ 2013 banking crisis. On June 6, the National Solidarity Fund (NSF) Committee finalized the structure of the 2025 Loss Compensation Plan, set to roll out later this summer....
https://knews.kathimerini.com.cy/en/news/modi-s-stop-in-cyprus-sends-subtle-shot-at-turkey
Indian Prime Minister Narendra Modi is set to visit Cyprus later this month in a stop that’s more than just diplomatic; it’s also a pointed message to Turkey, according to Indian media....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-flight-path-to-the-future-with-major-airport-expansion
Cyprus officially kicked off the long-awaited Phase II expansion of its two main airports this week, setting the stage for a major upgrade to how people travel in and out of the island....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/house-speaker-pushes-back-on-claims-over-spending
In response to public scrutiny and a report by Kathimerini's Apostolos Tomaras about parliamentary expenses, House Speaker Annita Dimitriou has stepped in to defend how taxpayer money is being spent, ...
https://knews.kathimerini.com.cy/en/news/trapped-property-owners-finally-see-the-light-at-the-end-of-the-tunnel
A long-overdue lifeline may finally be on the way for thousands of Cypriots trapped in property nightmares, as a new bill aimed at resolving the issue moves closer to a vote in Parliament....
https://knews.kathimerini.com.cy/en/business/porsche-hits-the-brakes-on-taycan-ev-sales-over-fire-risk
Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....
https://knews.kathimerini.com.cy/en/news/no-green-light-for-jet-skis-yet-as-ayia-napa-puts-konnos-water-sports-on-hold
Water sports at one of Cyprus’ most popular beaches are on hold, for now. The Ayia Napa Municipality has hit pause on the licensing process for activities in the Konnos Bay area, raising red flags over safety and health concerns....
https://knews.kathimerini.com.cy/en/business/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....
