https://knews.kathimerini.com.cy/en/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-€2-5m-plan-to-support-electric-and-hybrid-vehicle-buyers
The Cabinet has approved the government’s new €2.5 million subsidy scheme aimed at supporting the purchase of electric and hybrid vehicles in Cyprus....
https://knews.kathimerini.com.cy/en/news/tehran-denies-cyprus-mediation-claim-as-eu-monitors-iran-israel-tensions
Iran has publicly rejected claims by Cypriot President Nikos Christodoulides that Tehran asked Nicosia to relay messages to Israel, a denial included in a recent European External Action Service (EEAS) newsletter circulated to all 27 EU member states....
https://knews.kathimerini.com.cy/en/news/larnaca-s-skyline-set-to-rise-with-new-twin-towers-project
Larnaca is about to get a major facelift as plans move forward for a new luxury residential project featuring two soaring 20-storey buildings....
https://knews.kathimerini.com.cy/en/news/cyprus-terror-suspect-may-be-part-of-regional-spy-ring-say-authorities
The investigation into the Azerbaijani national arrested in Limassol last week on terrorism and espionage charges has taken a new turn, as authorities in both Cyprus and Greece explore possible links between his case and the arrest of another Azerbaijani man in Crete....
https://knews.kathimerini.com.cy/en/comment/opinion/this-isn-t-just-a-war-it-s-the-middle-east-reaching-a-historic-breaking-point
The unfolding confrontation between Iran and Israel is unlike anything we’ve seen in recent decades....
https://knews.kathimerini.com.cy/en/news/nissan-s-next-gen-driver-assist-tech-could-ease-daily-commute-in-cyprus
Ever been stuck in traffic on the Nicosia-Limassol highway, crawling along at a snail’s pace, wishing your car could just take over? By 2027, that might not be such a far-fetched dream....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-not-in-danger-from-iran-israel-missile-strikes
When Iran and Israel exchanged direct missile strikes for the first time in decades in April 2024, after years of fighting through proxies, the spectacle was visible from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/cyprus-lawmakers-end-auctions-for-turkish-cypriot-homes
The Parliamentary Refugee Committee has moved to end the practice of auctioning Turkish Cypriot homes, reaffirming that such properties should be reserved strictly for displaced persons' primary residences....
https://knews.kathimerini.com.cy/en/news/cyprus-scores-a-global-win…then-trips-over-its-own-diplomatic-shoelaces
After the meeting with Biden, which, let’s be honest, wasn’t exactly a home run, we were treated to what’s being billed as another major political development, ...
https://knews.kathimerini.com.cy/en/comment/opinion/never-trust-your-informant
You may have seen the headline flying around. Something like: "Unbelievable: Fault in the pilot’s seat caused the Air India Boeing crash – It slipped backward and lost control – See the report and the black box recordings."...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/comment/opinion/high-temperatures
It’s around ten in the morning and there’s not a trace of shade anywhere. The sun is scalding, striking the concrete hard and bouncing back with even greater fury. I regret not bringing my straw hat....
https://knews.kathimerini.com.cy/en/news/possible-missile-activity-reported-over-cyprus
A Facebook post shared late Friday in the “Weather Enthusiasts of Cyprus” group drew attention after several users described seeing what they believed to be possible missile activity over the eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/middle-east-crisis-escalates-out-of-control
Israel launched the largest military operation in its history against Iran on Friday, carrying out a surprise, large-scale assault targeting Iran’s nuclear, military and scientific infrastructure....
https://knews.kathimerini.com.cy/en/news/sole-survivor-of-air-india-crash-says-he-ran-through-fire-after-waking-in-wreckage
The lone survivor of the Air India crash that killed 241 people says he woke up surrounded by fire, wreckage, and bodies and simply ran for his life....
https://knews.kathimerini.com.cy/en/news/fifteen-local-hotels-rally-to-help-stranded-passengers-after-flights-diverted
With flights to Israel suddenly rerouted to Cyprus due to rising tensions in the region, hotels in Paphos have quickly stepped up to accommodate unexpected visitors....
https://knews.kathimerini.com.cy/en/news/wizz-air-suspends-flights-to-and-from-tel-aviv
Due to the escalating situation in the Middle East, and several closed airspaces in the region, Wizz Air has decided to suspend its operations to Tel Aviv as of this morning and reroute all of its flights (where possible) that were due to overfly the affected airspaces for the next 72 hours....
https://knews.kathimerini.com.cy/en/news/coast-guard-fires-warning-shots-in-boat-chase-15-migrants-found
A high-speed maritime chase involving warning shots took place early Wednesday after a suspected migrant-smuggling boat attempted to flee from authorities and ram a coast guard vessel, police said....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/comment/opinion/god-save-the-king-and-the-grid-politics-power-and-sheepish-wolves-in-cyprus
In today’s royal photo op, the president raises a toast to our dearly beloved King Charles, who celebrated his birthday yesterday. God save the King, from the Queen. Cheers....
https://knews.kathimerini.com.cy/en/news/what-s-behind-narendra-modi-s-visit-to-cyprus
Government officials consider the upcoming official visit of Indian Prime Minister Narendra Modi to Cyprus this Sunday to be of particular importance for both geopolitical reasons and bilateral relations between the two countries....
https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem
A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....
https://knews.kathimerini.com.cy/en/business/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. ...
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/news/cyprus-police-unveil-new-armored-vehicle-for-anti-terror-raids-and-rescues
The Cyprus Police Force is upgrading its tactical response capabilities with the addition of a new armored vehicle to its fleet, specifically for the Special Anti-Terrorist Unit (EAO) of MMAD....
