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1. Cyprus scores big in global ratings

Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....

2. Cyprus banks rake in over €750 million, even as rate cuts cool

Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....

3. HIO under fire for denying critical cancer and chronic disease treatments

A growing controversy has emerged in Cyprus after reports that the Health Insurance Organization (HIO) has denied access to several vital medications and therapies for patients with cancer, autoimmune diseases, and other serious chronic conditions....

4. Bank of Cyprus posts €353 million profit in 2025 despite lower interest income

Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....

5. OpenAI and Freedom Holding Corp. to Advance Digital Education In Kazakhstan

On November 6, 2025, in Washington, D.C., the Government of the Republic of Kazakhstan, OpenAI, Inc., and Freedom Holding Corp. (NASDAQ: FRHC), a parent company of Freedom24, signed a strategic agreement....

6. Decisive talks today on Cyprus’ Cost of Living Allowance

A crucial round of talks on Cyprus’ Cost of Living Allowance (COLA), known locally as the Automatic Cost of Living Adjustment (ATA), is set to take place today....

7. Nicosia’s new KEP faces long delay, residents to trek to Engomi until 2026

The long-awaited Citizens Service Center (KEP) in the heart of Nicosia won’t be opening anytime soon. According to information obtained by K, the new facility, which was expected to make life easier for city residents, is now projected to open by the end of 2026....

8. 11 arrested in Larnaca construction raid over undeclared work

Authorities detained 11 people on Wednesday after they were discovered working illegally at a construction site in Larnaca District. ...

9. Larnaca Hospital audit reveals overworked staff and lost millions

A 2023 audit of Larnaca General Hospital revealed continuing chaos despite recent upgrades, with Emergency Department staff overworked, patient records incomplete, and tens of thousands of euros in reimbursements lost....

10. Cypriots earn a bit more in 2024, just don’t spend it all at once

Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....

11. Cyprus moves to end insurance overcharging of older drivers

The Cyprus Parliament is taking aim at what lawmakers call unfair treatment of older drivers, as two new bills seek to stop insurance companies from overcharging, or outright refusing, to cover people over 70....

12. Fairfax bets big on Cyprus with stake in Eurobank Insurance

Canadian investment giant Fairfax Financial Holdings is deepening its footprint in Cyprus, agreeing to buy 45% of ERB Insurance, the general insurance company owned by Eurobank Limited, for €59 million, a deal seen as a strong vote of confidence in the Cypriot economy....

13. Lawmakers push for overhaul of outdated disability pension law

Lawmakers are calling for swift reform of the decades-old disability pension system, with the government confirming that a new bill is already in the works to address long-standing inequities....

14. Larnaca ER run by trainees while senior doctors collected full pay

In most cases last year, patients rushing into the First Aid Department at Larnaca General Hospital were treated not by senior doctors, but by trainees, while the specialists on duty were often nowhere to be found, according to a new report by the Audit Office of the Republic....

15. Registered unemployment drops 6.4% in September, falling to 7,624

The number of people registered as unemployed in Cyprus stood at 7,624 at the end of September, the Statistical Service reported Monday, drawing on records from District Employment Offices....

16. Call for women to volunteer in the army draws no applicants so far

Cyprus’ push to get young women to sign up for voluntary service in the National Guard has gotten off to a rocky start, with not a single application submitted in the first four days....

17. Advertising in 2025: AI Won’t Buy Your Product. People Will.

''Agents can do great research, but they don’t shop,'' says Arriana Yiallourides, Business Development Director at VML North America. ...

18. EIF and Eurobank join forces to channel €62.5 million in new financing to Cypriot SMEs and start-ups

The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....

19. Big changes for patients seeking treatment abroad under GESY

From October 2, 2025, patients under Cyprus’s General Health System (GESY) will see a major change in how requests for medical treatment abroad are handled. The Health Insurance Organization (HIO) announced Thursday that it will now take over the process of approving and managing these cases....

20. Pensions without age limits

We are told that the social insurance system is strictly contributory. You get back what you pay in. Except, of course, for state officials, who collect generous pensions without ever having made equivalent contributions. ...

21. Traffic accidents: When you can move your vehicle

New rules clarify when and how drivers may move vehicles after a collision....

22. Protect your digital life with Cyber Cover

Did you click on an ''innocent'' link and had your passwords stolen?...

23. 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....

24. September 1 to mark historic merger of Hellenic Bank and Eurobank Cyprus

On September 1, Hellenic Bank and Eurobank Cyprus are set to complete their merger, transferring all assets and liabilities to form a single, stronger institution. The merger is expected to reshape the Cypriot banking sector and expand services for customers across the island....

25. Genikes Insurance and Eurolife recognize that accessibility is a right for all

With respect to the needs of every customer, Genikes Insurance and Eurolife implement accessibility programs, ensuring equal access for all citizens to their products and services....

26. Arrests made for illegal employment at construction site with fines totaling €41,050

Authorities continued their crackdown on illegal employment, undeclared work, and unauthorized labor with a coordinated inspection at a construction site in Larnaca on Tuesday morning....

27. Social Services officer verbally and physically attacked in Limassol office

The Pan-Cyprian Union “Equality” has reported an attack on an officer at a Social Services office in Limassol and warned that it may take action....

28. Veterinarians address ban on oncology drugs for animals: ''inhumane and deeply unjust''

The Pancyprian Veterinary Association is calling foul over a new decision by the Health Insurance Organization (HIO) to block the distribution of oncology drugs for animal use, a move veterinarians say is already leading to preventable animal deaths....

29. BOC reports €235M in profits, but what does that actually mean for the rest of us?

30. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....