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241. 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....

242. Remote work coming to Cyprus' public sector, but not for everyone

A long-anticipated shift toward remote work in Cyprus’ public sector is one step closer to reality. ...

243. Heat cranks up to 38°c as mountains tease with surprise showers

244. 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....

245. Cypriot businesses go greener as hundreds certified in nationwide ESG initiative

Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....

246. Protect Cypriot businesses before they’re bought out, Chamber chief warns

The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....

247. Tourists attacked and robbed in Paphos

A tourist couple was attacked and robbed early Sunday in the coastal city of Paphos, sending both to the hospital with minor injuries, police said....

248. Ship full of electric cars sinks in Pacific, now the ocean could pay the price

A cargo ship carrying over 3,000 vehicles, including hundreds of electric and hybrid cars, has sunk deep in the North Pacific, sparking serious concerns about battery contamination and a potential marine pollution disaster....

249. Of patriots, politicians and souvlakia: Cyprus in all its glory

The ''Never-Surrender'' Tornaritis is aiming for double digits with his new movement, ''Rise Up.'' And he’s absolutely convinced it’s going to stir the waters. Sound crazy? Not to me....

250. Building Stronger Bonds with Society – Bank of Cyprus Event Brings Together NGOs and Volunteers

Bank of Cyprus successfully hosted the event titled “Building Stronger Bonds with Society”, which brought together non-governmental organisations (NGOs), charitable foundations, and volunteer groups with the goal of strengthening collaboration and long-term sustainability....

251. Cyprus greenlights work-from-home for public servants as perks keep piling up

Just when complaints over an oversized and well-paid public sector haven’t died down, the government is moving to give civil servants the option to work from home, at least part of the time....

252. Secrets, speeding, and selective outrage

Mrs. Aristotelous—not Christiana, Anna—has made her way into the headlines more than once in recent years. Some of the rumors were so nasty, I personally chose to ignore them as ''too bad to be true.''...

253. 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. ...

254. Cyprus serves as lifeline amid Israel-Iran crisis

As the Israel-Iran crisis reached its peak over the past two weeks, with direct military confrontation and U.S. involvement, Cyprus once again played a small but effective role in the safe evacuation of civilians. ...

255. June Newsletter of K. Treppides & Co Ltd – 20/06/2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

256. Migrants found with hands and feet bound in Mediterranean sea

Spanish police have launched a homicide investigation after several bodies were found floating in the Mediterranean Sea with their hands and feet bound, sparking fears that migrants may have been killed and thrown overboard during a perilous crossing from North Africa....

257. BrainRocket becomes a Donor of TechIsland

TechIsland is proud to announce that BrainRocket, a global company creating innovative end-to-end tech products, has joined as one of the association’s esteemed Donors....

258. Cyprus offers support as wildfire rages in Chios

Cyprus has expressed readiness to assist Greece in battling a large wildfire on the island of Chios, authorities said Monday....

259. This isn’t just a war, it’s the Middle East reaching a historic breaking point

The unfolding confrontation between Iran and Israel is unlike anything we’ve seen in recent decades....

260. Welfare Ministry fined for illegally recording conversations on CCTV

The Commissioner for Personal Data Protection has imposed a €5,000 administrative fine on the Deputy Ministry of Social Welfare after discovering that three surveillance cameras at the ministry’s headquarters had been unlawfully recording audio....

261. Jazeera Airways Resumes Direct Flights Between Larnaca and Kuwait

Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....

262. 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. ...

263. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

264. Two fuel importers raise prices in Cyprus with others expected to follow suit within days

Fuel prices in Cyprus began rising Wednesday, marking the first increases since the recent escalation of tensions between Iran and Israel, the head of the Cyprus Fuel Station Owners’ Association said....

265. Government officials go green with new fleet of 31 electric cars

State officials in Cyprus will soon be driving electric, as 31 EVs are being added to the government fleet....

266. 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....

267. 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. ...

268. Smart meters continue to roll out across Cyprus

The Cyprus Electricity Authority (EAC) is picking up the pace with its smart meter rollout, announcing that from Tuesday, installations will expand to more neighborhoods in all districts of the island....

269. Four minors held in Limassol beer hall bombing investigation

Four minors have been detained in connection with a bombing at a beer hall in the Zakaki area of Limassol, police said Monday....

270. Israeli airstrike hits Iran’s state TV headquarters as nuclear tensions surge

Israel launched a direct strike on Iran’s state television headquarters in Tehran early Monday, intensifying a growing conflict and sending thousands of residents fleeing the capital....