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151. Wizz Air wins the World Finance most sustainable low-cost airline award for the fifth consecutive year

Wizz Air has once again been named the ''Most Sustainable Low-Cost Airline'' by the World Finance Sustainability Awards in 2025. ...

152. BrainRocket becomes a Donor of TechIsland

TechIsland is proud to announce that BrainRocket, a global company creating innovative end-to-end tech products, has joined as one of the association’s esteemed Donors....

153. Real estate investment opportunities by AstroBank

AstroBank is offering an exceptional selection of residential land for sale in Nicosia, Paphos and Famagusta....

154. Chamber of Commerce pushes for overhaul of tax bill to attract global Cypriot talent

The Cyprus Chamber of Commerce and Industry (KEBE) is calling for key revisions and broader strategic planning in the government’s “Minds in Cyprus” tax bill, aimed at attracting talent from the Cypriot diaspora....

155. 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. ...

156. 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....

157. 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. ...

158. 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....

159. 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....

160. Modi begins two-day visit to Cyprus, set to sign joint declaration on strategic cooperation

Indian Prime Minister Narendra Modi arrived in Cyprus on Sunday for a two-day official visit, marking what Cypriot President Nikos Christodoulides called a historic step in the growing relationship between the two countries....

161. 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%....

162. The Cruise Industry: A Catalyst for Economic Growth

The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....

163. EAC now requests 3% hike, sparing consumers steeper 7.5% increase

Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....

164. BoC eyes bigger role in your financial future

Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...

165. Texas-based AI powerhouse Tenstorrent expands to Cyprus

One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....

166. From the Mekong to the Med: How Cyprus and Cambodia are crafting a new global alliance

In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...

167. Cyprus sets flight path to the future with major airport expansion

Cyprus officially kicked off the long-awaited Phase II expansion of its two main airports this week, setting the stage for a major upgrade to how people travel in and out of the island....

168. IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money

Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....

169. Green light for six-story apartment block in former refinery zone

A new six-story residential building is coming to Larnaca’s Chrysopolitissa parish after the Environmental Authority approved plans for the project, which is set to transform a plot within the old refinery zone into modern housing....

170. Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....

171. Paralimni-Deryneia earns most Blue Flags in Cyprus as island celebrates record year for beach quality

The Municipality of Paralimni-Deryneia has been recognized as the national leader in coastal excellence, receiving 18 of Cyprus’s 66 Blue Flag awards at the 2025 national ceremony held Wednesday at Fig Tree Bay, Protaras....

172. Freedom Holding Corp. added to the prestigious Russell 3000® Index

Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....

173. Shock bills, football fixes & a U-turn on Makarios Ave: Cyprus' week of curveballs

From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...

174. Over 60,000 work permits issued to foreign talent in Cyprus since 2014

Cyprus has issued more than 60,000 residence and work permits to foreign nationals over the past decade as part of a push to attract tech talent and investment, according to figures released by Interior Minister Constantinos Ioannou....

175. Freedom24 hits 100K users in Greece, driven by digital-savvy investors

176. Abramovich’s €25 million VAT written off after ex-President's call

A growing scandal over Cyprus’ handling of VAT debts tied to Russian billionaire Roman Abramovich has taken a sharp new turn, this time with a bombshell allegation involving former President Nicos Anastasiades....

177. Aegean Airlines: First Quarter 2025 Trading Update

AEGEAN announces its key financial and operating results for the first quarter of 2025....

178. Real estate investment opportunities by AstroBank

AstroBank is offering an exceptional selection of residential land for sale in Nicosia, Paphos and Famagusta....

179. India turns its gaze to Cyprus as gateway to Europe and the Middle East

Cyprus is emerging as a promising bridge between India and the broader regions of Europe and the Middle East, with business ties between the two countries gaining serious momentum....

180. Honda reports more than 1,300 monthly appointments for Takata airbag replacements

Galatariotis Motors and Honda Cyprus announced that the nationwide airbag replacement campaign for vehicles affected by the Takata recall is continuing at a steady pace, with more than 1,300 appointments being processed each month at authorized service centers across the country....