https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/business/alpha-bank-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....
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/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/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/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/business/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....
https://knews.kathimerini.com.cy/en/news/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.''...
https://knews.kathimerini.com.cy/en/comment/opinion/tatar-talks-tough-on-property-but-is-anyone-buying-it
Ersin Tatar can rattle his sabre all he wants, threatening ''retaliation'' and arrests over Greek Cypriot property claims in the occupied north. ...
https://knews.kathimerini.com.cy/en/news/cyprus-caught-in-drug-cartel-crossfire-says-paphos-mayor
Paphos Mayor Phedonas Phedonos has made explosive claims that Cyprus is now part of an international money laundering network used by Latin American drug cartels....
https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update
AEGEAN announces its key financial and operating results for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/news/half-of-teens-wish-the-internet-didn-t-exist-survey-finds
Nearly half of teenagers say they’d rather grow up in a world without the internet, according to a new UK study highlighting the growing concerns young people have about the impact of social media on their mental health....
https://knews.kathimerini.com.cy/en/comment/opinion/cypriots-rush-to-borrow-as-rates-drop-but-are-banks-repeating-old-mistakes
As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/andreas-neocleous-omiros-pissarides-eirini-hadjisavva-and-marios-tannousis-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....
https://knews.kathimerini.com.cy/en/news/the-petal-drift-adorns-the-bank-of-cyprus-oncology-centre
The Wall Gallery continues its work with dedication on the exterior of the Bank of Cyprus Oncology Centre....
https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-era-department-stores-changing-hands-for-just-€1-but-there-s-more-to-the-story
In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....
https://knews.kathimerini.com.cy/en/news/police-bust-land-registry-corruption-ring
A major corruption scandal has come to light in Greece, where authorities have arrested nine people tied to bribery and backdoor dealings in public land registry offices across Attica....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
https://knews.kathimerini.com.cy/en/business/april-newsletter-of-k-treppides-co-ltd-–-25-04-2025
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....
https://knews.kathimerini.com.cy/en/news/raw-sewage-on-tourist-beach-blamed-on-criminal-mismanagement
A sewage leak at one of Paphos’ busiest coastal areas has sparked outrage, and the president of the Paphos District Local Government Organization (EOA) isn’t holding back....
https://knews.kathimerini.com.cy/en/business/ancoria-bank-shifts-to-cypriot-hands-in-major-shake-up
Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...
https://knews.kathimerini.com.cy/en/news/shark-attack-off-israel-s-mediterranean-coast
In a rare and chilling incident off Israel’s Mediterranean coast, authorities are searching for a swimmer believed to have been bitten by a shark near Olga Beach, just north of Hadera....
https://knews.kathimerini.com.cy/en/news/from-summer-hotspot-to-all-year-hub
Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....
https://knews.kathimerini.com.cy/en/news/turkish-cypriot-developer-barred-from-entering-dubai-amid-property-dispute-allegations
A prominent Turkish Cypriot property developer was denied entry into Dubai over allegations tied to disputed real estate in Cyprus’ occupied north, according to local media reports....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-buys-out-ethniki-insurance-in-€29-5m-deal
The Bank of Cyprus is making a bold move to strengthen its footprint in the island’s insurance market, announcing today that it has signed a binding agreement to acquire 100% of Ethniki Cyprus Insurance Ltd....
https://knews.kathimerini.com.cy/en/news/prison-or-mini-market
A prison cell in Nicosia turned into a makeshift shop, complete with croissants, cigarettes, coffee, and prepaid phone cards, has landed a chief warden, an inmate, and the inmate’s wife in serious legal trouble....
https://knews.kathimerini.com.cy/en/business/revolut-slapped-with-record-fine-over-money-laundering-lapses
British fintech giant Revolut, one of the world’s most valuable start-ups, has been fined €3.5 million by Lithuania’s central bank for failing to properly monitor suspicious transactions and protect against money laundering....
