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1141. 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....

1142. Cyprus vows to stand by refugees in today's global reality

Despite increasing strain on national infrastructure, Cyprus remains committed to protecting people fleeing war, violence and persecution, the Deputy Ministry of Migration and International Protection said Thursday in a statement marking World Refugee Day....

1143. ''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....

1144. Social media checks now part of U.S. student visa process

Foreign students hoping to study in the United States will now face much stricter screening, including having their social media accounts reviewed, under a new U.S. State Department policy announced this week....

1145. Larnaca on the rise as new homes fuel real estate boom

Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....

1146. 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. ...

1147. 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....

1148. Two fuel importers raise prices in Cyprus with others expected to follow suit within days

Fuel prices in Cyprus began rising Wednesday, marking the first increases since the recent escalation of tensions between Iran and Israel, the head of the Cyprus Fuel Station Owners’ Association said....

1149. Patrol cars, helicopters, Annita and Tornaritis

First things first, so I want to reassure everyone: The rumors that what transpired in the now-infamous police car scene becoming the new punishment for crossing the line at traffic lights are false....

1150. Lakatamia land reserved for school sits idle since 1996

Nearly three decades after land was reserved for a new school in Lakatamia, the property remains untouched, prompting fierce criticism from lawmakers who say the state has violated landowners' rights and failed to act transparently....

1151. 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....

1152. 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....

1153. Ex-theatre director found guilty of embezzling €234,550 in public funds

The former director of the Pattichio Municipal Theatre, Vasso Argyriadis, was found guilty by the Permanent Criminal Court of Limassol on charges of embezzling funds from the theatre’s treasury and laundering proceeds from illegal activities....

1154. 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....

1155. 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....

1156. Wizz Air announces new route from Larnaca to Suceava!

1157. 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....

1158. 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. ...

1159. 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. ...

1160. 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....

1161. 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....

1162. 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, ...

1163. 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....

1164. 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....

1165. 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....

1166. 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,...

1167. 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%....

1168. 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....

1169. 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....

1170. 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....