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1. 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....

2. A Year of Meaningful Impact and Community Empowerment for the PwC Foundation

During the financial year 2025, PwC, through the PwC Foundation initiatives, continued to serve as a catalyst for positive change, deepening its contribution to Cypriot society through a wide range of initiatives across education and culture, youth entrepreneurship, and community support. ...

3. Crete crime ring probe points to Cyprus, Saint Lazarus relics

A sprawling crime investigation in Crete has exposed what Greek media are calling a ''state within a state,'' with tentacles reaching into extortion, drug and arms trafficking, money laundering, and even the Church. Authorities say the alleged network may also extend beyond Greece’s borders into Cyprus....

4. 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....

5. UNIC Athens: Licensed for Establishment and Operation in Greece by the Ministry of Education, Religious Affairs and Sports

The Greek Ministry of Education, Religious Affairs and Sports has authorised the University of Nicosia (UNIC) to establish UNIC Athens, its non-profit branch/campus in Greece, in a decision which strengthens UNIC’s long-standing academic partnership with the country....

6. From free to for sale

What was meant as a green gift to struggling households in Cyprus has, ironically, turned into an online marketplace....

7. 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....

8. Cyprus news roundup: Fires, finance and fiery wage demands

From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....

9. Cyprus hotels join Europe’s legal fight to break Booking.com’s grip

Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...

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

11. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

12. USA 1 – EU 0

Just days before the August 1st deadline, the U.S. and the EU managed to strike a new trade deal, prompting sighs of relief, as the two traditional allies will not have to clash, at least for now....

13. 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....

14. Banks show profit decline, asset growth, and capital strengthening in Q1 2025

The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....

15. Cyprus banks are merging and here’s what that means for you

Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....

16. Six freed on bail, one remains jailed in convicted felon-socialite case

The curtain is lifting on what prosecutors allege is a carefully orchestrated criminal ring, with trial proceedings for seven accused individuals set to begin at 9:00 a.m. on October 3, 2025....

17. High-society scandal deepens with 63 more in the frame

What started as a story of a glamorous socialite entangled with a well-known convict has now snowballed into one of the country’s most talked-about crime sagas, with another 63 people now on the police radar, bringing the total number of individuals linked to the case to over 100....

18. Bank of Cyprus sheds €2.5B in real estate, marks biggest property sale in island’s history

The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....

19. 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. ...

20. 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....

21. 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....

22. 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. ...

23. 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....

24. 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....

25. 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....

26. 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....

27. 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....

28. 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....

29. 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. ...

30. 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....