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451. 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....

452. 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....

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

454. Foreign Ministry repatriates 22 Cypriots from Israel and Iran

A total of 22 Cypriot citizens have been safely evacuated from Israel and Iran as the Foreign Ministry ramps up repatriation efforts amid rising regional tensions, Foreign Minister Constantinos Kombos said Wednesday....

455. 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. ...

456. 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. ...

457. 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....

458. Cyprus working to repatriate citizens from Israel and Iran

A total of 55 Cypriot citizens, 50 in Israel and five in Iran, have formally requested to be repatriated, Foreign Ministry Spokesperson Theodoros Gotsis told the Cyprus News Agency on Monday....

459. 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, ...

460. Wizz Air Suspends Flights to Tel Aviv and European flights to Amman Until 15 September

Wizz Air has made the decision to suspend all flights to and from Tel Aviv, Israel, and European flights to Amman, Jordan, effective immediately, until 15 September 2025. The airline will also avoid overflying Israeli, Iraqi, Iranian, and Syrian airspace until further notice....

461. 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....

462. 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....

463. PwC Cyprus organizes consecutive leadership events designed to equip family and small businesses with strategic insights and practical tools to foster growth.

PwC Cyprus, under the auspices of the Cyprus-UK Business Association and the Institute of Chartered Accountants in England and Wales (ICAEW), and with the support of the British High Commission,...

464. ECB poised for fall rate decision as growth, tariffs, and inflation weigh in

The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....

465. 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....

466. Nicosia activates crisis response as Israel-Iran tensions escalate

In response to the latest Middle East crisis sparked by Israel’s missile strikes on Iran, Nicosia is sticking to its long-held stance that Cyprus serves as a humanitarian bridge between East and West....

467. Iran launches fresh missile attacks against Israel, some visible from Cyprus (VIDEOS)

Iran launched a new round of missile attacks targeting Israel late Saturday night, Iranian state television reported....

468. 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....

469. Oil and gas prices surge after attack on Iran nuclear sites

Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....

470. Cyprus's role in Middle East crisis is ‘strictly humanitarian,’ says Christodoulides

President Nikos Christodoulides emphasized Saturday that the Republic of Cyprus is maintaining a strictly humanitarian stance amid rising tensions in the Middle East, as the government steps up diplomatic engagement and internal security measures....

471. Possible missile activity reportedly seen from 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....

472. Three more minors arrested in Limassol bakery robbery

Police have arrested three additional minors in connection with the robbery of a bakery that took place in the early hours of June 8, authorities said....

473. 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....

474. Video shows aftermath of Israeli strike on Tabriz Airport in Iran

Thick smoke was seen rising over Tabriz International Airport following what Iranian state media described as an Israeli airstrike on the northwestern city....

475. 78 dead in Israeli strikes on Iran, dozens wounded as tensions continue to escalate

At least 78 people were killed and more than 320 injured after Israel launched a sweeping series of airstrikes across Iran early Friday, targeting nuclear and military facilities in what officials described as a response to Tehran’s continued threats and regional aggression....

476. Crisis update: Flights grounded, embassies closed after Israeli strikes on Iran

Air travel across the Middle East was thrown into chaos Friday after Israeli forces launched large-scale strikes on Iranian targets, prompting countries to shut down airspace and airlines to ground or divert flights. Embassies are closing, travelers are stranded, and global tensions are escalating....

477. Heat peaks at 39°C as weekend begins under clear skies

It’s Friday. Another week that went by too fast, but the weekend is here and we’re ready for it, even if the weather is turning up the heat....

478. Maspex Romania eyes majority control of Cyprus-based Purcari Wineries

Maspex Romania has announced plans to take over Purcari Wineries, the Cyprus-registered winemaker known for its Moldovan heritage and international reach. ...

479. Parliament mandates breastfeeding rooms in workplaces

Parliament has unanimously passed a law requiring all workplaces, both public and private, as well as public spaces, to provide designated breastfeeding rooms or spaces for expressing and storing breast milk....

480. 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....