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/business/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....
https://knews.kathimerini.com.cy/en/news/it-s-nearly-within-our-grasp-clear-skies-warm-vibes-and-the-weekend-just-a-breath-away
It’s Friday again. Some said it would never come. Even the sun seemed unsure, but here we are, Friday morning, and 5pm is just 10 hours away....
https://knews.kathimerini.com.cy/en/news/trump-poised-for-strike-on-iran-as-israel-urges-‘finish-the-job
President Donald Trump has approved military plans for a potential U.S. strike on Iran, but he has not yet given the green light to carry them out. While the White House is preparing for a possible offensive “in the coming days,” officials say Trump is still hoping that the mere threat of force will push Iran to abandon its nuclear ambitions....
https://knews.kathimerini.com.cy/en/business/cyprus-salaries-rise-by-13-over-two-years-labour-minister-says
Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately €2,500, Minister of Labour and Social Insurance Yiannis Panayiotou announced Wednesday, citing recent Eurostat data....
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/news/the-catalytic-role-of-legal-and-regulatory-functions-in-the-modern-era-of-sustainable-development
In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...
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/temperatures-stay-high-as-sunshine-dominates-the-forecast
It’s a scorcher, and it’s not letting up just yet. A seasonal low-pressure system is hanging around, but that doesn’t mean much drama—just a lot of sun and some toasty temps....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-not-in-danger-from-iran-israel-missile-strikes
When Iran and Israel exchanged direct missile strikes for the first time in decades in April 2024, after years of fighting through proxies, the spectacle was visible from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cyprus-lawmakers-end-auctions-for-turkish-cypriot-homes
The Parliamentary Refugee Committee has moved to end the practice of auctioning Turkish Cypriot homes, reaffirming that such properties should be reserved strictly for displaced persons' primary residences....
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/news/water-breakthrough-in-paphos-as-lifeline-found-underground
As Cyprus continues to grapple with a prolonged drought and soaring summer demand, a rare bit of good news has surfaced, literally....
https://knews.kathimerini.com.cy/en/news/wizz-air-suspends-flights-to-tel-aviv-and-european-flights-to-amman-until-15-september
Wizz Air has made the decision to suspend all flights to and from Tel Aviv, Israel, and European flights to Amman, Jordan, effective immediately, until 15 September 2025. The airline will also avoid overflying Israeli, Iraqi, Iranian, and Syrian airspace until further notice....
https://knews.kathimerini.com.cy/en/news/hope-you-like-burning-because-it-s-heating-up-fast
It’s getting hot, folks. Today’s high could hit a sizzling 36°C inland. If you're by the coast, expect it a bit cooler at around 31°C, and up in the mountains it’ll stay relatively comfortable at 28°C. Basically: shade is your friend....
https://knews.kathimerini.com.cy/en/news/blaise-metreweli-to-lead-mi6-marking-historic-first-for-british-intelligence
Blaise Metreweli CMG has been named the new Chief of the Secret Intelligence Service (MI6), becoming the first woman to lead the organization in its 115-year history....
https://knews.kathimerini.com.cy/en/news/cyprus-bunkers-where-the-real-danger-might-be-the-flying-office-chair
With the situation between Iran and Israel growing more tense by the day, Cypriot authorities have been reminding the public to be ''prepared'' just in case the island gets accidentally (or intentionally) caught in the crossfire....
https://knews.kathimerini.com.cy/en/news/easyjet-flight-from-paphos-makes-emergency-landing-in-turkey
A routine EasyJet flight from Paphos to Bristol turned tense on Sunday night when the plane was forced to make an emergency landing in Turkey after a smoke alert went off mid-flight....
https://knews.kathimerini.com.cy/en/news/is-phedon-phedonos-gearing-up-for-2028
When Phedon Phedonos launched a fresh offensive from Paphos last month, accusing certain Cyprus-based forex companies of laundering dirty money and warning that the Cypriot economy was veering dangerously close to a “casino model,” it sent ripples through Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-raises-national-guard-readiness-to-level-tharros-2-amid-tensions
Cyprus has ramped up its national security measures in recent days, as hostilities between Israel and Iran continue to escalate. With both sides exchanging missile strikes, concern is growing across the Eastern Mediterranean region, prompting heightened alert levels on the island....
https://knews.kathimerini.com.cy/en/business/bollywood-bots-and-big-bucks-as-cyprus-becomes-india-s-new-business-and-movie-hub
In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....
https://knews.kathimerini.com.cy/en/business/prostate-cancer-on-the-rise-among-men-in-cyprus
Prostate cancer is on the rise in Cyprus, with nearly 10,000 men diagnosed over the past two decades, according to figures released by the Cyprus Cancer Archive....
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/minthis-music-festival-2025-culture-in-full-bloom-in-cyprus
Where nature meets human creativity and Cyprus' highlands stretch out beneath open skies, the Minthis Music Festival is ready to return....
https://knews.kathimerini.com.cy/en/news/summer-drama-in-the-skies-with-heat-thunder-and-a-chance-of-showers-but-make-it-scenic
You know it's that time of year when the air feels like soup and your sunglasses fog up the moment you step outside. We're deep into heatwave season now, but today, summer is switching things up with a little cinematic flair....
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/news/cyprus-on-high-alert-as-regional-tensions-escalate
Following Israeli missile strikes on Iran, Cyprus has raised its security posture and is preparing to serve as a humanitarian bridge between East and West....
https://knews.kathimerini.com.cy/en/news/70-000-units-of-blood-collected-annually-from-voluntary-donors-in-cyprus
Cyprus collects about 70,000 units of blood each year through voluntary donations, placing the country among the top in Europe in meeting its national blood supply needs, the Ministry of Health said Friday....
https://knews.kathimerini.com.cy/en/comment/opinion/high-temperatures
It’s around ten in the morning and there’s not a trace of shade anywhere. The sun is scalding, striking the concrete hard and bouncing back with even greater fury. I regret not bringing my straw hat....