https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reaches-$10-billion-valuation-on-record-share-price
Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...
https://knews.kathimerini.com.cy/en/news/cyprus-parliament-approves-bill-for-decentralized-hospital-administration
The House of Representatives approved a bill Thursday aimed at decentralizing the management of Cyprus’ public hospitals, in a move supporters say will address widespread healthcare inefficiencies and region-specific challenges....
https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
https://knews.kathimerini.com.cy/en/news/systemic-neglect-cyprus-forces-re-evaluations-for-lifelong-disabilities-stripping-vital-benefits
Cyprus’ disability assessment system is under fire for failing to recognize congenital hearing loss as a permanent condition, prompting calls from lawmakers and disability advocates for urgent reforms....
https://knews.kathimerini.com.cy/en/news/man-sentenced-to-6-months-in-occupied-areas-for-using-fake-insurance-at-checkpoint
A Russian national was sentenced to six months in prison by a criminal court in the Turkish-occupied north after attempting to cross into the area using a forged vehicle insurance policy....
https://knews.kathimerini.com.cy/en/news/fire-season-begins-with-high-risk-due-to-drought-officials-warn
The Fire Service responds to about 13,000 calls annually, with 8,500 related to fires, Fire Chief Nikos Longinos said Monday, as officials marked the start of Fire Safety Week....
https://knews.kathimerini.com.cy/en/news/cyprus-restarts-gas-project-with-european-aid-and-floating-giant-prometheus
Cyprus is gearing up to revive its biggest energy project, the long-delayed natural gas terminal at Vasilikos, after a rocky period following the exit of a Chinese consortium that had taken the lead. ...
https://knews.kathimerini.com.cy/en/news/51-families-found-a-home-for-648-nights-at-the-ronald-mcdonald-house®-with-the-support-of-cosmos-insurance
As part of its unwavering commitment to meaningful Corporate Social Responsibility (CSR), COSMOS Insurance has been actively supporting the work of Ronald McDonald House Charities® Cyprus since 2022 by adopting Family Room No. 5 at the Nicosia House....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-buys-out-ethniki-insurance-in-€29-5m-deal
The Bank of Cyprus is making a bold move to strengthen its footprint in the island’s insurance market, announcing today that it has signed a binding agreement to acquire 100% of Ethniki Cyprus Insurance Ltd....
https://knews.kathimerini.com.cy/en/news/doctor-shortages-and-management-issues-plague-famagusta-general-hospital
The challenges of doctor shortages and operational inefficiencies at Famagusta General Hospital were brought before the Parliamentary Health Committee....
https://knews.kathimerini.com.cy/en/comment/opinion/millions-spent-promises-made—but-children-still-suffer-in-silence
''What’s the goal here? To have food on the table for a day or two, or to ensure there's always food on the table?''...
https://knews.kathimerini.com.cy/en/news/new-health-bill-ensures-no-more-prescriptions-from-non-gesy-doctors
The House of Representatives approved an urgent amendment to the General Healthcare System on Thursday afternoon, with 37 votes in favor and 3 against....
https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-3b-move-creates-cyprus-largest-bank
Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....
https://knews.kathimerini.com.cy/en/news/ministries-of-labor-and-health-outline-efforts-in-the-national-strategy-for-autism
The Ministries of Labor and Health have outlined their efforts toward implementing the National Strategy and Action Plan for Autism (2024-2028) in a recent response to AKEL MP George Koukoumas....
https://knews.kathimerini.com.cy/en/news/ex-health-minister-pamboridis-warns-of-efforts-to-weaken-gesy
Former Health Minister Giorgos Pamboridis has made explosive claims about attempts to undermine Cyprus’ General Health System (GESY), warning that financial and political interests are working behind the scenes to weaken the public healthcare scheme....
https://knews.kathimerini.com.cy/en/business/the-best-bank-to-ever-come-out-of-cyprus
The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....
https://knews.kathimerini.com.cy/en/business/boc-seeks-to-acquire-ethniki-insurance-s-cyprus-subsidiary
Bank of Cyprus is moving forward with the acquisition of Ethniki Insurance’s Cyprus subsidiary, having entered exclusive negotiations for its purchase....
https://knews.kathimerini.com.cy/en/news/no-personal-responsibility-found-for-flooding-in-pharmaceutical-warehouses
Health Minister Michalis Damianou confirmed that a tender is currently underway for the rental or construction of new pharmaceutical warehouses....
https://knews.kathimerini.com.cy/en/news/court-grants-private-doctors-prescription-rights-under-gesy
Court Ruling Expands Prescription Access Under GESY: Private Doctors Can Now Issue Prescriptions
...
https://knews.kathimerini.com.cy/en/business/cyprus-sees-investment-boom-as-foreign-companies-flock-to-the-island
The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....
https://knews.kathimerini.com.cy/en/news/deadline-to-report-solar-water-heater-damage-extended-to-may-14-2025
The Ministry of Interior has announced an extension for citizens to report damage to solar water heaters caused by recent freezing temperatures....
https://knews.kathimerini.com.cy/en/news/calls-for-resignation-of-shso-board-amid-growing-healthcare-concerns
The resignation of the Board of Directors of the Cyprus Health Services Organization was demanded today during a Parliamentary Health Committee meeting discussing the 2025 budgets for SHSO and the Health Insurance Organization....
https://knews.kathimerini.com.cy/en/business/how-cyprus-became-the-secret-hub-of-the-global-porn-industry
When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-rolls-out-the-red-carpet-for-civil-servants
A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/agia-varvara-residents-demand-fair-compensation-for-power-surge-damages
Residents of Agia Varvara are voicing their frustration after a sudden power surge on January 23 destroyed electrical appliances in their homes....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-cancels-plan-to-sell-jcc-payment-systems
The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....
https://knews.kathimerini.com.cy/en/business/cyprus-court-halts-sale-of-mortgaged-property
In a landmark ruling, the Nicosia District Court has suspended the sale of mortgaged properties, citing illegalities in mortgage agreements....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-goes-ahead-with-new-additional-financial-benefits-of-€450-000
Lidl Cyprus is rewarding the collective effort and contribution of its team by providing additional financial benefits totaling €450,000 to boost its income. At the same time, as from March 1, 2025, it’s establishing the minimum wage for its employees at €1,220 gross....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-57-surge-in-q3-revenue-hits-$9-billion-market-cap-milestone
Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....
