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1. Full speed ahead

Investigations. Findings. Suspicions abound, and the main players are top officials. The allegations? Acts of corruption....

2. Cypriot tycoon sets sail with Armani’s yacht designs

Cypriot entrepreneur Kostas Cleanthos, known locally for his acquisition of the country’s leading newspaper, Phileleftheros, and internationally for founding global trading platform XM, is charting a new course, this time on the high seas....

3. Pristine Pentakomo at risk as court battle brews over new port

A quiet stretch of southern Cyprus is suddenly at the center of a storm. The Pentakomo port project, which plans a 360-meter harbor to support aquaculture, has raised serious concerns among environmental groups, and now the public is paying attention....

4. Christodoulides heads to Canada to court investors

President Nikos Christodoulides is traveling to Toronto this week to showcase Cyprus as a prime destination for international investment, the government said Wednesday....

5. Pentakomo tech park attracts global investors

The long-discussed Pentakomo Technology Park project is finally showing signs of serious progress, with both Cypriot and foreign investors expressing concrete interest, officials say....

6. Paphos mayor urges action as housing becomes out of reach for locals

The mayor of Paphos, Phaedon Phaedonos, warned Tuesday that rising real estate prices are making it increasingly difficult for ordinary Cypriots to rent or buy homes, calling on the government to take immediate action....

7. Cyprus strips citizenship from 28 more ''Golden Passport'' holders

The Council of Ministers, during its meeting the day before yesterday, approved six proposals for the deprivation of Cypriot citizenship from 28 persons who had been naturalized under the Cyprus Investment Program....

8. Building boom in Larnaca as urban planning applications surge 53%

Larnaca is seeing a construction boom. Between January and July 2025, the Larnaca District Government Organization (DGO) recorded a 53% jump in urban planning applications compared with the same period last year, highlighting growing interest in development and investment across the city and district....

9. Wellington Fund boosts stake in Bank of Cyprus, becomes third-largest shareholder

The investment fund Wellington has increased its stake in the Bank of Cyprus to 5.87%, up from 3.99%, officially becoming the third-largest shareholder in the country’s largest bank....

10. BidX1 brings bargains to the block in September auction

New BidX1 catalogue launched – 10 houses & apartments in Pegeia among highlights...

11. Signing of Memorandum of Understanding between Invest Cyprus and Family Office Connect Cyprus (F.O.C.)

Invest Cyprus has signed a Memorandum of Understanding with the newly established organization Family Office Connect Cyprus (F.O.C.), marking the beginning of a strategic collaboration aimed at strengthening Cyprus’ position in the global Family Office ecosystem. ...

12. Woman loses over €65,000 in online investment scam

A 48-year-old woman has reported losing more than €65,200 after falling victim to an online investment scam, authorities said Thursday....

13. Cyprus’ LNG dream hits another snag

Just when it seemed Cyprus’ troubled natural gas terminal at Vasilikos might finally be sailing smoothly, another snag has thrown the project off course, adding it to a growing list of delayed or unfinished infrastructure plans, from the Paphos-Polis highway to the Great Sea Interconnector....

14. Larnaca Airport set to become trade powerhouse, bringing jobs and faster shipping to Cyprus

Cyprus is moving forward with plans to establish a cargo hub and aircraft maintenance services at Larnaca Airport, aiming to boost trade, connectivity, and economic activity, officials said....

15. Cyprus moves to tighten foreign investment rules and boost transparency

Cyprus is set to introduce stricter controls on foreign investments in a new bill aimed at protecting critical sectors while keeping the country attractive to reliable investors....

16. 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....

17. ''Trump Riviera'': Gaza reconstruction plan envisions smart cities and artificial islands

A newly revealed Trump administration blueprint for postwar Gaza reads less like a reconstruction plan and more like a real estate pitch. The 38-page classified document, obtained by the Washington Post, ...

18. Cyprus and Greek banks on a winning streak

Big banks in Cyprus and Greece are riding a wave of strong performance so far in 2025, catching the eye of investors and hinting at even brighter prospects ahead....

19. August Newsletter of K. Treppides & Co Ltd – 22/08/2025

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....

20. Mercedes sells Nissan stake as Japanese carmaker struggles with losses and job cuts

Mercedes-Benz has cashed out of Nissan, selling its 3.8% stake for €279.6 million ($307 million), raising fresh questions about the Japanese automaker’s future....

21. Cyprus sets record for wasted solar energy in 2025

Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave....

22. Cyprus property market sizzles in July

Even though July marks the start of summer holidays for Cypriots, the month delivered a strong push to the property market....

23. Cyprus’ strong performance at FIDE World Schools Team Chess Championship

From 2-7 August 2025, Cyprus’s school team, representing The Grammar School, Limassol, competed at the FIDE World Schools Team Chess Championship, hosted at Episcopal High School in Alexandria, Virginia....

24. August Newsletter of K. Treppides & Co Ltd – 01/08/2025

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....

25. Cyprus is a magnet for foreign companies as registrations surge

Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region....

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

27. July Newsletter of K. Treppides & Co Ltd – 25/07/2025

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....

28. July Newsletter of K. Treppides & Co Ltd – 18/07/2025

29. Big Greek players move in on Cyprus' signature cheese

Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....

30. XM investors await green light to take over Ancoria Bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....