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1. Alpha Bank sets sights on Cyprus insurer Altius in expansion push

Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....

2. Phedon Phedonos sounds the alarm: Drugs in schools, fake degrees on the rise

In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...

3. 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....

4. 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....

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

6. Global VC investment rises in Q1’25 on back of record-setting $40 billion Open AI deal, according to KPMG’s Venture Pulse

Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....

7. King’s Gardens: A Prime Investment in the Heart of Nicosia

8. Cultivating success stories of innovation: Deloitte’s exclusive event celebrating tech start-ups

Deloitte has long championed and supported innovation and entrepreneurship, spearheading various initiatives throughout the region....

9. Timur Turlov at New York Eastern Mediterranean Business Summit: ''Cyprus is our European gateway to global markets''

Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...

10. PwC Cyprus sponsors the Reflect Festival 2025 - the Premier Tech & Entrepreneurship Event Connecting Europe, Africa, and the Middle East

PwC Cyprus once again took center stage at Reflect Festival 2025, held on 15-16 May in Limassol, reaffirming its commitment to fostering innovation and leadership in the business world....

11. Freedom Holding Corp. Reaches $10 Billion Valuation on Record Share Price

Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...

12. Paphos Mayor and 'Father Lucky' have a heated conversation about the renovation of Theoskepasti Square

A new satirical video is drawing laughs across Paphos, imagining a fiery, and fictional, phone call between Mayor Phedon Phedonos and Metropolitan Tychikos, the local Orthodox Church leader, over the renovation of Theoskepasti Square....

13. The quiet city turning into Cyprus’ new investment hotspot

A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....

14. Cyprus targets Turkish nationals over property sales in occupied north

For the first time ever, arrest warrants issued by the Republic of Cyprus over the sale and development of Greek Cypriot properties in the Turkish-occupied north are targeting Turkish nationals. ...

15. ECOMMVERSE by ECOMMBX – An Innovative Digital Platform for Financial Services

With the advancement of technology and growing demands for speed, flexibility, and tailored solutions, the need for new, alternative forms of financial services has become increasingly clear....

16. New evidence in Cyprus Papers passport scandal shows photos and faxes pointing to political interference

Testimony continued Tuesday in the high-profile case sparked by Al Jazeera’s 2020 Cyprus Papers investigation, with a police sergeant detailing evidence suggesting political interference and irregularities in the naturalization of foreign investors....

17. May Newsletter of K. Treppides & Co Ltd – 02/05/2025

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. ...

18. Cyprus meets Cambodia: A bridge to bold business ventures

For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....

19. Apartments take the lead in Cyprus property market boom

Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....

20. First Pandora and New Balance stores open in Cyprus

Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...

21. Cypriot banks on the rise as credit upgrades could mean cheaper loans for all

Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....

22. Moody’s upgrades Bank of Cyprus to A3

Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable....

23. Why London’s real estate market remains one of the most liquid in the world

London’s property market has long been considered a safe bet for investors. The reason? It’s all about liquidity. ...

24. Apple ditches China for India to dodge Trump’s tariffs

Apple is planning a major shakeup in how, and where, it makes iPhones for the U.S. market. Starting as early as next year, the tech giant wants all iPhones sold in America to be assembled in India, instead of China. The reason? Tariffs. ...

25. Deloitte announces Technology FAST 50 Middle East and Cyprus fourth edition rankings

Deloitte Middle East has released the results of the fourth edition of the Middle East Technology Fast 50, recognising the fastest-growing technology companies across Cyprus and the Middle East....

26. VAT challenges for Electronic Money Institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

27. Why the U.S.-China trade war matters to Cyprus and Europe

As the United States sharpens its rhetoric against China’s trade practices, reviving a tariff-heavy policy rooted in the Trump years, global markets are once again bracing for impact. ...

28. Kykkos monastery’s mega project set to transform Engomi

A major new development is taking shape in Engomi, Nicosia, on land owned by the Kykkos Monastery. The project is one of the largest mixed-use developments Cyprus has seen and is designed to transform the area surrounding the “Agios Prokopios” Metochi into a modern urban center....

29. Luxury villas in occupied North selling for millions, but not for the locals

Ultra-luxury villas in the occupied areas of Cyprus are being snapped up for eye-watering prices, with some homes going for as much as £6 million (or over 300 million Turkish lira), particularly in sought-after locations like Kyrenia and Trikomo....

30. Two worlds, one journey: Cyprus meets Cambodia

Cyprus and Cambodia may be worlds apart, but they’re finding common ground in a shared mission: to redefine travel, trade, and cultural exchange....