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31. April Newsletter of K. Treppides & Co Ltd – 09/04/2025

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....

32. Cyprus woos Wall Street as bankers back presidential pitch in the U.S.

Cypriot bankers have expressed their satisfaction with President Christodoulides' recent visit to the United States, where he promoted Cyprus as an attractive destination for investment. ...

33. Green Agenda Summit: Removing the Speed Bumps

Agenda Cy, in collaboration with Kathimerini newspaper, is proud to announce the 2nd Green Agenda Cyprus Summit, to be held on May 19, 2025, at the Hilton Hotel in Nicosia....

34. The Power of Collaboration: A Step Forward for the Protection of the Mediterranean Monk Seal Monachus Monachus

On March 29, 2025, the Cap St Georges Hotel & Resort in Agios Georgios, Paphos, hosted a significant event titled "Mediterranean Seal: An iconic species of the Mediterranean – Past, Present and Future." ...

35. New cycle and pedestrian path to transform Nicosia suburbs

A major upgrade to the Nicosia district’s urban landscape is on the way, as plans for a new cycle and pedestrian path along Kalamon/Glafkos Clerides Avenue officially move ahead. ...

36. Nicosia Mayor: No plans to cancel U of Cyprus lease for Faneromeni school

The lease agreement allowing the University of Cyprus to use the historic Faneromeni School building will not be canceled, Nicosia Mayor Charalambos Prontzos confirmed to K on Monday, dismissing speculation about a potential change of plans....

37. Cyprus’ tech boom boosts the economy by €7 Billion

For years, Cyprus’ economy leaned heavily on tourism and professional services, but the rapid rise of technology companies is reshaping the island’s financial landscape....

38. From water woes to bank bets, here are the stories to follow

39. Smart meters to help Cyprus households save on energy bills

The Electricity Authority of Cyprus (EAC) is pressing ahead with its smart meter rollout, bringing even more households the ability to track and manage their electricity use. ...

40. Cyprus surges ahead amid global economic headwinds

It’s hard to overstate the progress Cyprus has made in recent years. Once overshadowed by economic turmoil, the island has emerged as a standout in the Mediterranean, blending resilience with opportunity....

41. Eurobank’s €1.3B move creates Cyprus’ largest bank

Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....

42. AI Auditing or Auditing AI? Ensuring Accountability and Trust

As artificial intelligence (AI) systems are used more and more in core business models in multiple sectors such as finance, healthcare, technology, and human resources, ensuring their transparency, fairness, integrity and reliability is paramount....

43. Cyprus' economic growth faces challenges, lenders highlight key concerns

The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...

44. Bollywood magic comes to Cyprus: A celebration of Indian cinema

Lights, camera, action—Indian cinema is making its mark in Cyprus! The High Commission of India in Nicosia is rolling out a special Indian Film Festival, bringing some of Bollywood’s most inspiring, heartwarming, and action-packed films to Limassol and Nicosia....

45. Ancient Alexandria crumbles as rising seas threaten its future

Alexandria, Egypt’s historic port city, is facing an escalating crisis due to climate-driven coastal erosion and rising sea levels....

46. President Christodoulides: ‘Together, we are changing Cyprus’

President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....

47. Eurobank Cyprus: Stronger in 2024, with a net profit of €214mn

Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...

48. Solar panels installed in 405 schools

A total of 405 schools have had solar panel systems installed by the Technical Services of the Ministry of Education, Sports, and Youth, alongside thermal insulation and waterproofing works....

49. 33East Unites Cyprus’ Startup Ecosystem for Official Fund Launch

33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....

50. University of Cyprus study reveals potential advances in cancer treatment

A recent study by researchers at the University of Cyprus (UCY) in collaboration with the University of Oxford has unveiled promising medical applications for cancer and rare genetic disease treatments....

51. Pavlos Kontides named 'Man of the Year' at 23rd awards ceremony

The spotlight was on Cypriot sailing champion Pavlos Kontides on Wednesday, February 26, 2025, as he was awarded the prestigious Man of the Year title at the 23rd Bank of Cyprus Man of the Year Awards ceremony....

52. 2024 global VC investment rises to $368B as investor interest in AI soars

Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...

53. Cyprus ramps up efforts against illegal antiquities trafficking

Cyprus is intensifying its efforts to combat the illegal excavation, trafficking, and sale of its antiquities, especially in the Turkish-occupied territories....

54. Cyprus’ tax reform aiming for innovation, sustainability, and simplicity

A major tax reform is underway in Cyprus as part of the Tax Transformation Project, led by the Centre for Economic Research (CER) at the University of Cyprus. ...

55. Eddie the dog continues his recovery after Paphos abuse incident (video)

The investigation into the disturbing case of dog abuse in Paphos is still ongoing, following the discovery of Eddie, a dog found abandoned in a rubbish bin on January 16. ...

56. Cyprus marks Holocaust remembrance day with solemn event in Nicosia

In a solemn ceremony last night, held at the Melina Mercouri Hall, Cyprus joined the global community in observing International Holocaust Remembrance Day, honoring the six million Jews and millions of others who perished in one of history’s darkest chapters....

57. A green planet with India leading the way

Climate Change is a defining challenge of our times but as the world hurtles toward an escalating climate crisis, India is stepping into a global leadership role to tackle climate change. ...

58. New €26 million fund to boost startups in Cyprus

33East, a venture capital firm based in Cyprus, has launched its first fund with an initial close of €26 million. ...

59. From non-aligned neutrality to pro-Western alignment

Cyprus’ foreign policy has undergone a significant transformation over the decades, moving from a stance of non-alignment to a strong pro-Western orientation, particularly after its accession to the European Union. This shift, however, was not a simple one and reflects the island’s unique political challenges....

60. Trump’s tariff plans could hurt Cyprus’ economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....