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1. Greece signs historic €3 billion ‘Achilles Shield’ defence deal with Israel

Greece and Israel signed a defence agreement worth about €3 billion on Monday, the largest ever between the two countries and one of the biggest military deals in Greek and Israeli history....

2. Cyprus advances €95 million electricity grid upgrade to support renewables

Cyprus is advancing a major programme to modernise key parts of its electricity network, aiming to prepare the grid for higher shares of renewable energy, energy storage and fewer instances of renewable generation being switched off....

3. Where is Cyprus spending your money? €412 million poured into projects in six months

Cyprus recorded an increase in state development spending during the first half of 2026, according to a report by the Treasury on the implementation of the state budget....

4. “Alphamega & Bean Bar” Academy invests in the future: 14 new graduates ready to take the next step in their careers

5. Dreaming of buying a home? Eurobank launches a guide to make the mortgage journey less confusing

For many couples in Cyprus, the dream of owning a home often begins with a late-night conversation....

6. Finally, cooler classrooms: 25 Cyprus schools begin €20 million energy transformation

For generations of students, hot classrooms, poor ventilation, and outdated school buildings have been a familiar part of the Cyprus school experience. ...

7. Alphamega Hypermarkets invest in people and the future of the butchery profession

Alphamega Hypermarkets recently held the graduation ceremony for the fourth graduating class of its Butchery Academy, reaffirming their long-standing commitment to investing in people, education and the development of professions that bring real value to the Cypriot market....

8. Lidl Cyprus continues its dynamic benefits with 14 salaries per year

9. Commission approves €120 million Recovery Fund payment for Cyprus

Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....

10. President confirms second chance for 2013 bail-in compensation claims

President Nikos Christodoulides has confirmed that the online portal for compensation claims linked to Cyprus' 2013 banking crisis will reopen, giving eligible depositors and holders of bank securities another opportunity to submit applications if they missed the original deadline....

11. Former transport minister among 10 facing corruption and money laundering charges

Ten defendants, including former transport minister Mario Demetriades, are facing an extensive list of criminal charges linked to Cyprus' citizenship-by-investment programme, with the case expected to begin later this year....

12. From chatbots to co-workers

AI is no longer a productivity tool. For the small group of organisations that have done the work, it has become the single largest source of operating leverage on their P&L....

13. AEGEAN Continues to Shape Greece's Next Generation of Pilots

AEGEAN announces the launch of a new cycle of its Pilot Scholarship Program, continuing an initiative it has consistently implemented since 2018 with the aim of fostering the next generation of aviation professionals in Greece....

14. Ireland's EU presidency set to cost more than three times Cyprus'

Ireland is preparing for one of the most expensive Presidencies of the Council of the European Union in recent years, with estimated spending approaching €293 million. ...

15. Inside Hadassah's plan to reshape private healthcare in Cyprus

The team behind the new Hadassah Medical Center Limassol says its ambition goes beyond opening another private healthcare facility, with plans centred on introducing a different approach to diagnosis, treatment and specialist care in Cyprus....

16. Cyprus plans controlled recruitment of nurses from third countries to plug 600-staff gap

Cyprus is considering the controlled recruitment of nurses from third countries as part of efforts to tackle a persistent staffing crisis in the country’s health system, where officials say there is currently a shortage of around 600 nurses....

17. The National and Kapodistrian University of Athens and K Treppides & Co Group Launch a Landmark Partnership to Shape the Next Generation of Leaders in Greece and Cyprus

The National and Kapodistrian University of Athens (NKUA) and K Treppides & Co Group are proud to announce the signing of a Memorandum of Understanding (MoU), executed on Monday, 15 June 2026, marking the beginning of a landmark strategic partnership aimed at bridging academic excellence with professional experience and creating new opportunities for the next generation of economists, business professionals, researchers and leaders in Cyprus and Greece....

18. Cyprus installs first big battery systems to cut solar power cuts

The signing of contracts for Cyprus’ first central electricity storage systems marks a major step toward reducing the solar energy that is currently being wasted from both residential and commercial photovoltaic systems....

19. PwC Foundation awards 14 scholarships once again to first-year students of the University of Cyprus and Cyprus University of Technology

For the fourth consecutive year, the PwC Foundation continues to actively support equal access to education by awarding 14 scholarships to high-achieving first-year students of the University of Cyprus (7) and the Cyprus University of Technology (CUT) (7)....

20. Invest Cyprus and ANIMA Investment Network Opened EUROMED DAYS in Nicosia, Placing Cyprus at the Centre of Euro-Mediterranean Investment Cooperation

Invest Cyprus & ANIMA Investment Network successfully opened EUROMED DAYS - Connecting Regions, Empowering Growth: Mediterranean-Europe Investment Partnerships for a Resilient Future, a high-level regional investment forum that took place in Cyprus from 15 to 17 June 2026....

21. Beyond excellence: How Class ES26 of The English School Nicosia Redefined What a Generation Can Achieve

A tribute to the most accomplished graduating class in the school’s history — young men and women who turned adversity into a legacy that will echo through Cyprus for generations....

22. Cyprus receives first €177 million payment under EU defence fund

Cyprus has received an initial €177.2 million payment from the European Union through the Security Action for Europe (SAFE) defence funding programme, marking the first tranche of financial support allocated to the country under the scheme....

23. BAF Announces the 2026 Open Call for Emerging Artists

The Beauty Line Art Foundation (BAF) has announced its second open call for applications for the Residency: Studio Mentoring Program 2026, an initiative that supports emerging artists in Cyprus by providing them with studio space, mentorship from experienced professionals in the field, and opportunities for the development and promotion of their work....

24. Nicosia says it’s turning things around, but traffic and bills still bite

''During the first year, we simply kept quiet and worked,'' the Municipality of Nicosia said as it presented its two-year progress report, highlighting significant steps in financial recovery, organisational restructuring, and the development course of the capital....

25. We Grow Together – Inauguration Ceremony of PASCAL Lemesos Main Campus

PASCAL International Education proudly celebrated the official inauguration of the new state-of-the-art PASCAL Lemesos Main Campus on Wednesday, 27 May 2026, under the distinguished auspices of the President of the Republic of Cyprus, His Excellency Nikos Christodoulides....

26. Deloitte Cyprus is proud to welcome two new partners

Deloitte Cyprus proudly announces the growth of its leadership team with the appointment of two new partners, effective 1 June 2026. Novia Georgiou and Michalis Zinieris have been promoted to Partner in the Audit & Assurance and Technology & Transformation practices, respectively. They both bring significant expertise in their fields, and exemplify the outstanding leadership, integrity, and values that form the foundation of Deloitte....

27. Free cancer screening programmes and early detection initiatives expand nationwide

A shift toward prevention is at the centre of Cyprus’ health planning, with new screening programmes, reforms, and infrastructure projects outlined by Neophytos Charalambides during a presentation of the Ministry’s 2025 review and its priorities for the year ahead....

28. Cyprus backs EU defence push as SAFE funding expands across Europe

Europe’s push to strengthen its defence capabilities gathered further momentum this week, as new funding approvals under the EU’s SAFE instrument were confirmed, an initiative that Cyprus has placed high on its agenda during its Presidency of the Council of the European Union....

29. Cyprus remains a key gateway as Europe’s ‘golden visa’ landscape shifts

As several European countries tighten or scrap their so-called “golden visa” schemes, Cyprus is emerging as one of the most stable and accessible options for investors seeking residency within the EU....

30. Addressing Gender Inequalities in STEM and Entrepreneurship

As the world once again marked International Women’s Day this year, it highlighted the continued need for equal opportunities and meaningful representation of women across all areas of social and economic life....