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1. Bank of Cyprus named the Best Bank in Cyprus in Global Finance’s World’s Best Banks Awards 2026

Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank in Cyprus in its World’s Best Banks Awards 2026....

2. We Grow Together – Inauguration Ceremony of PASCAL Lemesos Main Campus

PASCAL International Education proudly celebrated the official inauguration of the new state-of-the-art PASCAL Lemesos Main Campus on Wednesday, 27 May 2026, under the distinguished auspices of the President of the Republic of Cyprus, His Excellency Nikos Christodoulides....

3. Invest Cyprus Strengthens Business and Investment Ties with India

On 21 May 2026, Invest Cyprus successfully organized a closed Investors’ Roundtable in Mumbai during the Official Visit of H.E. the President of the Republic of Cyprus, Mr. Nikos Christodoulides, to India, reaffirming Cyprus’ commitment to strengthening economic and investment relations with one of the world’s largest and fastest-growing economies....

4. US gas now supplies most of Europe’s LNG imports

Europe imported more liquefied natural gas than ever before in 2025, according to a new report from the European Union Agency for the Cooperation of Energy Regulators (ACER). The findings show how LNG has become a central part of the continent’s energy supply after European countries reduced purchases of Russian gas....

5. Capital.com eyes expansion and Cyprus fintech push with new electronic money plans

Capital.com is exploring further international expansion, including new hiring in Bahrain, Azerbaijan and Germany, following an 11.2% rise in trading volumes in the first quarter of 2026. ...

6. EU fish stocks improve, but fishing industry still under strain

A decade-long review by the European Commission paints a mixed picture of how Europe manages its fish and seafood supply, with some environmental gains but continuing challenges for the industry and policymakers....

7. Chinese brands expand globally, redefining ''Made in China''

For decades, the label ''Made in China'' was linked to inexpensive copies. That perception is changing quickly. Chinese companies are no longer just manufacturing for others; they are building their own brands and competing directly in international markets....

8. Kathimerini exclusive: Ursula von der Leyen on Europe’s challenges, energy strategy, and the Cyprus issue

Outlining the main challenges facing the European Union during a period of rising geopolitical uncertainty and energy pressure, the President of the European Commission says the answer lies in unity, faster progress on the energy transition, and a stronger international role....

9. EU toolbox to curb energy prices, support for all 27 member states

Brussels is preparing action on four fronts, working closely with Berlin and Paris, with the goal of keeping energy prices under control across the EU’s 27 member states as concerns grow about a renewed crisis in the Middle East....

10. Oil prices drop, but drivers aren’t seeing relief at the pump

Even if tensions in the Persian Gulf begin to ease, a quick return to lower energy prices is unlikely. Reopening the Strait of Hormuz, a vital route for global oil and gas shipments, would certainly help restore supply. However, it is only one step in the recovery process....

11. From Cyprus to Manhattan: 25-year-old founder brings Mediterranean heat to NYC fitness scene

Forget boring spin classes and sweaty expo halls. Imagine sweating it out on a Manhattan rooftop while DJs drop beats, your friends cheer you on, and every move feels more like a celebration than a workout. ...

12. Purdue partners with University of Nicosia-Athens to advance research collaboration and online learning in Europe

13. Trump to tax foreign-made ships and rebuild U.S. maritime power

The Trump administration on Tuesday rolled out a sweeping maritime plan aimed at reasserting U.S. dominance in shipping and reducing reliance on foreign-built vessels. ...

14. Freedom Holding Corp. reports $1.7 billion in revenue for 9 months of FY2026

Freedom Holding Corp., the parent company of Freedom24, has announced its financial results for the third quarter of fiscal year 2026, which ended on December 31, 2025. For the third quarter and nine-month period ended December 31, 2025, Freedom Holding Corp. delivered resilient operating results across its diversified financial services businesses....

15. New generators for Dhekelia now expected in 2030

Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....

16. Real Madrid tops Deloitte Football Money League as clubs achieve record €12.4bn revenue

The top 20 revenue generating clubs in world football generated over €12bn in revenue for the first time, according to the 29th edition of the Football Money League published by the Deloitte Sports Business Group. ...

17. Cyprus weathers global turbulence as economic growth and reforms hold firm in 2025

Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...

18. From ''no alcohol'' to ''VIP only'': Saudi loosens rules for wealthy expats

Saudi Arabia, a country that has banned alcohol for more than 70 years, is quietly letting a new group buy booze, not just diplomats, but wealthy foreigners who can afford an elite ''premium residency.''...

19. Greek retail giant Jumbo heads to Canada with first Ontario stores in 2026

Greek retail giant Jumbo is taking its next big step abroad, this time to Canada. The chain, known for its toys, home goods, and seasonal products, plans to open its first three stores in Ontario in 2026, marking its 12th market globally....

20. Wizz Air celebrates its 250th aircraft

Wizz Air, the fastest-growing European airline and a leading one in Central and Eastern Europe, today unveiled its 250th aircraft, marking a defining milestone in the airline’s growth story and placing the company halfway toward its goal of a 500-aircraft fleet....

21. Ukraine edges toward U.S. peace deal as only a few disagreements remain

Ukraine says it has reached ''common understanding'' with the United States on nearly all major parts of Washington’s 28-point peace plan, signaling that Kyiv now disagrees with only a handful of issues as negotiations accelerate across multiple capitals....

22. Adobe scoops up Semrush in $1.9B deal

Adobe, the U.S.-based software giant behind Photoshop and Premiere Pro, is set to acquire Semrush, the digital marketing and SEO platform with a major office in Limassol, for $1.9 billion....

23. Cyprus This Week: Banks, MOTs and tax talks stir debate

Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...

24. Cyprus joins EU’s new AI hub network

Cyprus is officially getting its own Artificial Intelligence Center as part of a new European Commission initiative to boost the bloc’s AI power and make high-tech tools more accessible to everyone, from researchers to small startups....

25. Google brings AI-enhanced search to Cyprus at Digital Agenda Summit

Google is introducing its “AI Mode” search feature to Cyprus, a move the company says represents one of the most significant changes to its search engine in two decades. ...

26. Freedom24 opens second flagship office in Limassol, marking continued European expansion

Freedom24, the European subsidiary of global financial services group Freedom Holding Corp., has opened its second flagship office in Limassol....

27. UK, Canada, Australia recognize Palestine, shaking up western diplomacy

The United Kingdom, Canada, and Australia have officially recognized Palestine as a state, following in the footsteps of countries across the Global South. ...

28. BlackRock Becomes The Second-Largest Shareholder of Freedom Holding Corp.

Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology company and the parent company of the Freedom24 investment platform, announced that BlackRock has increased its stake in the company to 0.85%, investing about $89 million....

29. Big Greek players move in on Cyprus' signature cheese

Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....

30. Cyprus airports set for €170M makeover as passenger growth soars

Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...