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1. Freedom Holding Corp. reports 40% revenue growth in Q1 FY2027

Freedom Holding Corp. (Nasdaq: FRHC), the parent company of Freedom24, has announced its financial results for the first quarter of fiscal year 2027, covering the three months ended June 30, 2026. The company reported total net revenue of $732.5 million, up 40% year on year from $524.0 million in the same period last year....

2. The rising and falling cost of everyday essentials

An uneven picture has emerged on supermarket shelves since the beginning of the year, with some products recording increases of up to 30%, while other basic products have become cheaper. ...

3. University of Cyprus expands with four new English-language degrees

The University of Cyprus is opening its doors to more international students, and giving local students more options to study in English, after receiving government approval for four new English-language undergraduate degree programmes....

4. Another ECB rate hike is on the horizon

Europe may be heading for another interest rate increase, and households could once again feel the impact....

5. Bank of Cyprus named Best Sub-Custodian Bank in Cyprus 2026 by Global Finance

Bank of Cyprus has been named “Best Sub-Custodian Bank in Cyprus 2026” by Global Finance, one of the world’s leading international financial publications, reaffirming the Bank’s strong position in custody and post-trade services in the Cyprus market....

6. Cypriots keep shopping despite inflation fears and global uncertainty

Consumer spending in Cyprus remains strong despite market uncertainty caused by inflationary pressures and the war in the Middle East....

7. Traditional banks are funding more shadow loans

While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....

8. Invest Cyprus honours international companies at the 14th Invest Cyprus International Investment Awards

Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....

9. Extel: Strong Vote of Confidence for Bank of Cyprus from the International Investment Community

Bank of Cyprus has received a prestigious and highly significant distinction, being named a “Most Honored Company” in Extel’s internationally renowned annual survey....

10. VE Very Exclusive Accessories Ltd Unveils the Swarovski Fall/Winter 2026 Collection at an Exclusive Event in Cyprus

11. Wealthyhood and Bank of Cyprus Launch Co-Branded Investing App

The first-of-its-kind partnership rolls out top-class wealthtech to all Cypriot residents, offering Bank of Cyprus customers instant account linking and frictionless investing....

12. Zivania in the right hands

Since 2020, operating under the name Askon Art Wines, Constantinos Charilaou has produced an incredibly interesting line of premium wines that faithfully capture the identity of the local region....

13. Alan Greenspan, the ''Maestro''

Alan Greenspan's tenure as head of the Federal Reserve became known as the "Great Moderation". This era was more than enough to earn the American economist the nickname "Maestro."...

14. New Leadership at PwC Cyprus

Andreas Yiasemides assumes the role of CEO of PwC Cyprus as of 1 July 2026, following his election by the firm’s Partners in December 2025 for a four-year term....

15. From chatbots to co-workers

AI is no longer a productivity tool. For the small group of organisations that have done the work, it has become the single largest source of operating leverage on their P&L....

16. Cyprus picks up investment momentum

Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....

17. Cyprus climbs the global competitiveness rankings

Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....

18. When the numbers look good, but life doesn’t feel it

Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....

19. Fuel tax cut of 8.33 cents per litre extended until Sept. 17

Drivers in Cyprus will continue paying less for petrol and diesel after the government extended a fuel tax cut until Sept. 17, keeping a discount of 8.33 cents per liter, including VAT, at filling stations....

20. Apple raises prices on MacBooks and iPads (see prices)

Apple has raised prices across a range of its popular devices, in a move that could eventually be felt by consumers in Cyprus as well, especially those planning to upgrade their laptops or tablets....

21. Cyprus remains attractive to investors despite ''Mafia State'' report findings

International investment into Cyprus shows no sign of slowing down, despite the conclusions of the investigative report into the so-called “State Mafia” case, which examined allegations involving 15 individuals and legal entities, including former President Nicos Anastasiades....

22. AI reshapes global labour market into two distinct paths, rewarding human skills: PwC 2026 AI Jobs Barometer

According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership – as companies most able to use AI continue to expand hiring faster than their peers....

23. Fuel prices falling in Cyprus, but drivers may not be out of the woods yet

After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....

24. Medochemie - the only European supplier for Praziquantel 600mg tablets

Medochemie Limited (Cyprus) is currently the only EU supplier with an EU Marketing Authorisation supplying Praziquantel 600mg tablets....

25. US and Iran strike peace deal to reopen Strait of Hormuz (video)

The United States and Iran have agreed to a peace deal aimed at ending years of escalating tensions in what is being described as one of the most significant diplomatic breakthroughs between the two countries in recent memory....

26. Ceasefire boosts economic outlook, but inflation remains a concern

The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....

27. Strait of Hormuz reopening depends on mine clearance effort

The agreement between Washington and Tehran has increased expectations that commercial shipping and energy exports through the Strait of Hormuz can resume without disruption. President Donald Trump stated on Sunday that oil shipments from both directions would continue, helping calm fears of supply shortages in global markets....

28. A deal at last? Possible US-Iran breakthrough could spell relief closer to home

After weeks of speculation, mixed signals, and previous announcements by US President Donald Trump that suggested a breakthrough was near, Washington and Tehran appear to be closer than ever to ending a conflict that has kept the Middle East on edge and sent shockwaves through global energy markets....

29. Cyprus’ energy gamble enters a new phase with US, Greece and Israel partnership

As wars, political tensions, and concerns over energy security reshape the global landscape, Cyprus is positioning itself not simply as a small island importing fuel but as a potential energy player connecting the Eastern Mediterranean with Europe....

30. More foreign patients fly to China for cancer treatment

A growing shift in global medicine is seeing more patients travel abroad for life-saving treatments that are either unavailable at home or come at a fraction of the cost, according to an article in Bloomberg....