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121. Cyprus approves electricity grid storage projects to boost energy reliability

The Cyprus Energy Regulatory Authority (CERA) has approved the Cyprus Transmission System Operator’s (TSOC) request to develop and operate large-scale energy storage systems integrated into the national electricity grid....

122. As Israel bombards Iran, Trump weighs strike that could reshape the Middle East

Tensions between Israel and Iran continue to escalate, with both sides locked in a dangerous strategic standoff while awaiting a decision from U.S. President Donald Trump on whether to launch a direct strike against Iran....

123. Around 5 tons of smuggled meat seized in police operation

Approximately five tons of smuggled meat were seized during a police operation carried out early Friday morning in the area between Afania (Gazikoy) and Assia (Pasakoy), in occupied Famagusta....

124. ''Lellos’ Pool'' to reopen after long-term closure

The Nicosia Municipality has announced that the Nicosia Municipal Swimming Pool, commonly known as “Lellos’ Pool”, is scheduled to reopen on June 27, 2025....

125. Jazeera Airways Resumes Direct Flights Between Larnaca and Kuwait

Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....

126. Fortsafe launches its first secure vault in Paphos: A new era in private storage of valuables

Fortsafe, the innovative secure storage service, has announced the launch of its first facility in Paphos, located at the Beon active office, 10 Apostolou Pavlou Street, marking a new era in the private safekeeping of documents, personal and sensitive valuable items....

127. 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. ...

128. Two arrested in Athens for illegal pet trafficking

Two people, a 42-year-old foreign man and a 45-year-old Greek woman, were arrested Wednesday in Agia Paraskevi, northern Athens, for illegally trafficking companion animals. The operation, led by the Spata-Artemida Police Department, uncovered over 86 online ads for animal sales....

129. 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....

130. Car fire destroys five vehicles in Limassol apartment block

A blaze that broke out in the early hours of Thursday in the Agia Fyla area of Limassol destroyed five vehicles, damaged two others, and caused structural damage to an apartment building....

131. No place like home as Israelis flee uncertainty, sail back from Cyprus

More than 1,600 Israeli nationals boarded the Crown Iris cruise ship from the port of Limassol on Thursday in a large-scale repatriation effort aimed at getting citizens back home amid rising regional tensions....

132. 25th Petrolina Annual General Meeting

On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....

133. U.S. may ask UK to open Cyprus base for Iran operations

The United States may ask the United Kingdom to allow American refueling aircraft to operate from Britain’s military base in Cyprus, as former President Donald Trump considers launching strikes on Iran in response to the escalating war with Israel....

134. Stranded young tourists evacuated aboard luxury liner Crown Iris, escorted by Israeli Navy

A luxury cruise ship carrying more than 1,500 young tourists arrived in Cyprus this week after a covert evacuation from Israel, as hostilities between Israel and Iran intensified....

135. Alpha Bank Cyprus to acquire Astrobank in €200 million deal

Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....

136. New Zealand approves component of ''magic mushrooms'' for medicinal use

New Zealand has become the latest country to permit the medicinal use of psilocybin, the active compound in so-called “magic mushrooms,” approving it for treatment-resistant depression under tightly controlled conditions....

137. 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....

138. Wizz Air announces new route from Larnaca to Suceava!

139. 83 major companies in Cyprus operating without required permits, lawmakers say

Eighty-three major industrial sites across Cyprus are operating without valid town planning permits, building permits, or approval certificates, key documents required to regulate pollution and safeguard public health, according to AKEL MP Nicos Kettiros....

140. 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. ...

141. U.S. planes in Cyprus for civilian evacuations, not military ops, officials say

Defense Minister Vassilis Palmas confirmed Wednesday that American military transport planes are stationed in Cyprus, but stressed they are not here for combat missions....

142. Denmark deploys robotic sailboats for Baltic and North Sea surveillance

Denmark’s military has launched a trial using four uncrewed robotic sailboats, called “Voyagers,” to boost surveillance in the Baltic and North Seas amid rising maritime tensions. ...

143. Israeli airstrike hits Iran’s state TV headquarters as nuclear tensions surge

Israel launched a direct strike on Iran’s state television headquarters in Tehran early Monday, intensifying a growing conflict and sending thousands of residents fleeing the capital....

144. 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....

145. 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....

146. Cyprus raises national guard readiness to level 'Tharros 2' amid tensions

Cyprus has ramped up its national security measures in recent days, as hostilities between Israel and Iran continue to escalate. With both sides exchanging missile strikes, concern is growing across the Eastern Mediterranean region, prompting heightened alert levels on the island....

147. Foreign fishing boat fined and escorted out of Cyprus waters

A foreign fishing boat was caught operating illegally in Cyprus’ exclusive economic zone (EEZ) on Sunday, triggering a coordinated response by the Port and Maritime Police and a police helicopter....

148. CNP Cyprus rebrands as ERB after €182M acquisition by Hellenic Bank

By the end of June 2025, ''CNP'' will be renamed ''ERB'' as a result of the acquisition of CNP Cyprus Insurance by Hellenic Bank....

149. 11 arrested in Limassol raid targeting illegal workers

Eleven people were arrested Sunday during a coordinated police operation in central Limassol aimed at cracking down on illegal employment and other violations, authorities said....

150. Cyprus on high alert as regional tensions escalate

Following Israeli missile strikes on Iran, Cyprus has raised its security posture and is preparing to serve as a humanitarian bridge between East and West....