https://knews.kathimerini.com.cy/en/business/new-ev-grants-open-but-you-ve-only-got-until-october
Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....
https://knews.kathimerini.com.cy/en/business/columbia-group-buys-venus-rock-golf-for-€132m-in-one-of-cyprus-biggest-real-estate-deals
One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....
https://knews.kathimerini.com.cy/en/news/short-on-lifeguards-long-on-risk-as-limassol-beaches-struggle-to-stay-safe
With summer in full swing, a serious shortage of lifeguards is raising concerns about swimmer safety along Limassol’s coastline....
https://knews.kathimerini.com.cy/en/news/wave-of-threats-escalates-against-customs-department-staff-and-management
“We are not intimidated by threats,” declares the Customs Officers Branch of PASYDY in a statement condemning “in the strongest terms the threats directed at members of the staff and management of the Customs Department, which in recent times have escalated dangerously and blatantly.”...
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/forest-department-links-akamas-wildfires-to-acts-of-revenge
The Forest Department has raised serious allegations that many wildfires in the Akamas region may be acts of arson committed in retaliation over state decisions....
https://knews.kathimerini.com.cy/en/news/turkey-defends-libya-maritime-deal-accuses-eu-of-bias-in-mediterranean-dispute
Turkey pushed back on Friday against the conclusions of the European Union summit, which again criticized a 2019 maritime agreement between Turkey and Libya....
https://knews.kathimerini.com.cy/en/news/fix-the-roads-already-mp-s-tour-paphos-projects-stuck-in-limbo
From broken promises to broken roads, Paphos has had its share of delays. But on Friday, members of Parliament took to the streets, literally, to check in on a number of key infrastructure projects that locals say are long overdue....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-to-auction-cars-of-all-kinds-on-july-1
If you’re looking for a bargain on a car, the Bank of Cyprus may have just what you need....
https://knews.kathimerini.com.cy/en/news/snake-sighting-in-moni-pyrgos-draws-community-attention-and-advice
A local man's encounter with two large snakes in his garden led to a wave of concern, advice, and debate in a popular community Facebook group....
https://knews.kathimerini.com.cy/en/business/1-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/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....
https://knews.kathimerini.com.cy/en/news/nicosia-unveils-€100-million-plan-to-fix-traffic-chaos-and-modernize-the-capital
Nicosia is aiming for a major transformation, with over €100 million in urban and traffic upgrades on the table, as the capital struggles with decades-old road designs, mounting traffic, and growing frustration among residents....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/business/25-real-estate-investment-opportunities-by-astrobank
AstroBank is offering an exceptional selection of residential land for sale in Nicosia, Paphos and Famagusta....
https://knews.kathimerini.com.cy/en/business/cyprus-reinstates-abramovich-firm-to-go-after-directors-for-€25m-tax-debt
Cyprus is breathing life back into a defunct company once linked to Russian billionaire Roman Abramovich, not to do business, but to collect what it’s owed....
https://knews.kathimerini.com.cy/en/news/boat-goes-up-in-flames-beachgoers-unfazed
A fire broke out on a boat near Larnaca Marina on Sunday afternoon, sending up thick plumes of smoke, but you wouldn’t know it from the relaxed mood on the beach just a few hundred meters away....
https://knews.kathimerini.com.cy/en/news/nissan-s-next-gen-driver-assist-tech-could-ease-daily-commute-in-cyprus
Ever been stuck in traffic on the Nicosia-Limassol highway, crawling along at a snail’s pace, wishing your car could just take over? By 2027, that might not be such a far-fetched dream....
https://knews.kathimerini.com.cy/en/news/larnaca-on-the-rise-as-new-homes-fuel-real-estate-boom
Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....
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/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/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/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/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/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/78-dead-in-israeli-strikes-on-iran-dozens-wounded-as-tensions-continue-to-escalate
At least 78 people were killed and more than 320 injured after Israel launched a sweeping series of airstrikes across Iran early Friday, targeting nuclear and military facilities in what officials described as a response to Tehran’s continued threats and regional aggression....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-eyes-return-to-cyprus-after-nearly-a-decade
Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....
