https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-supports-global-chess-events-with-the-participation-of-schools-from-greece-and-cyprus
Freedom Holding Corp., parent company of Freedom24, proudly announces its participation as a supporter of the “FIDE World School Chess Championship 2025” and the “Smart Moves Summit 2025”, ...
https://knews.kathimerini.com.cy/en/comment/opinion/one-apology-twelve-measures-but-no-resignation
President Nikos Christodoulides delivered an emergency address in a bid to calm the growing public backlash over the deadly wildfire that ravaged areas in the Limassol mountains. ...
https://knews.kathimerini.com.cy/en/comment/opinion/justice-minister-now-is-not-the-time-for-blame-actually-it-is
Another summer, another wildfire, and once again, the Cyprus government seems utterly unprepared....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/desalinated-water-production-underway-as-additional-units-prepare-to-go-online-within-24-hours
The gradual production of desalinated water from mobile units provided by the United Arab Emirates has begun successfully, Cyprus’ Agriculture Minister Maria Panayiotou announced Tuesday....
https://knews.kathimerini.com.cy/en/news/paralimni-deryneia-launches-installation-of-72-high-tech-showers-on-protaras-beaches
Beachgoers in the popular Protaras resort area can expect an upgrade to their seaside experience as the Municipality of Paralimni - Deryneia begins installing 72 ultra-modern showers across 18 local beaches....
https://knews.kathimerini.com.cy/en/business/cyprus-unveils-€15-million-employment-schemes-targeting-women-and-over-50s
The Cypriot government will introduce three new employment schemes totaling €15 million to support women and individuals over 50, Labour and Social Insurance Minister Yiannis Panayiotou announced Tuesday....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-highlights-its-commitment-to-local-quality-through-a-signature-galpo-culinary-experience
Through a creative cooking seminar that was materialised at the Lidl Food Academy in Nicosia, media representatives and Influencers had the opportunity to experience firsthand the delicious quality and authentic origin of GALPO products, Lidl Cyprus' private label....
https://knews.kathimerini.com.cy/en/business/cyprus-at-a-crossroads-can-the-island-become-a-regional-business-powerhouse
In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....
https://knews.kathimerini.com.cy/en/news/irregular-arrivals-to-cyprus-drop-86-as-migrant-returns-triple-deputy-minister-says
Irregular migrant arrivals to the Republic of Cyprus have plummeted by 86% over the past three years, while returns have nearly tripled, Deputy Minister of Migration and International Protection Nikolas Ioannidis said Friday....
https://knews.kathimerini.com.cy/en/news/cyprus-deputy-minister-denies-torture-of-migrants-in-buffer-zone
Deputy Minister of Migration and International Protection Nikolas Ioannidis on Friday denied allegations of torture involving migrants stranded in Cyprus’s Buffer Zone, saying their basic needs were met and their lives were never in danger....
https://knews.kathimerini.com.cy/en/news/over-2-000-child-sexual-abuse-cases-reported-since-2017
More than 2,000 cases of child sexual abuse and exploitation have been reported in Cyprus since 2017, with over 900 incidents recorded in just the past three years, according to figures revealed Thursday by Justice Minister Marios Hartsiotis....
https://knews.kathimerini.com.cy/en/news/tototheo-global-expands-partnership-with-ses-to-deliver-scalable-high-speed-connectivity-to-maritime-customers
Tototheo Global, a leading provider of advanced connectivity and technology solutions for the maritime and enterprise sectors, has announced the expansion of its long-standing partnership with global content and connectivity service provider SES....
https://knews.kathimerini.com.cy/en/business/cyprus-entices-the-modern-traveler-with-authentic-year-round-experiences
Cyprus is aiming to attract a new generation of travelers, demanding, conscious, and experience-driven, through its National Tourism Strategy, according to officials....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-elpis-emergency-app-to-combat-domestic-violence
The Cyprus government has officially launched “ELPIS,” a mobile app designed to provide immediate emergency assistance to victims of domestic violence, amid rising concerns over gender-based violence across the island....
https://knews.kathimerini.com.cy/en/business/company-maspex-romania-moves-forward-to-acquire-majority-control-of-cyprus-based-wine-purcari
Maspex Romania has announced the launch of a voluntary takeover bid to acquire a majority stake in Wine Purcari, a Cyprus-registered winemaker with Moldovan roots and a growing international presence. ...
https://knews.kathimerini.com.cy/en/news/rotterdam-port-prepares-for-nato-shipments-as-europe-anticipates-potential-conflict-with-russia
As NATO braces for the possibility of a large-scale war with Russia within the next five years, Europe’s largest port is transforming itself into a strategic military logistics hub....
https://knews.kathimerini.com.cy/en/business/11-hotel-groups-go-private-on-water-with-€3m-state-backed-desalination-plan
Cyprus’ hotel industry is making a splash, literally. In response to mounting water concerns, 11 major hotel groups across Limassol, Larnaca, and Paphos have filed official applications to install small private desalination units on their premises....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/cyprus-wasted-a-sunny-day-s-worth-of-solar-power-and-burned-fuel-instead
In a bizarre twist for sunny Cyprus, fossil fuel power plants pumped out more electricity than renewables on Monday, even under ideal conditions for solar energy....
https://knews.kathimerini.com.cy/en/business/columbia-group-buys-venus-rock-golf-for-€132m-in-one-of-cyprus-biggest-real-estate-deals
One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....
https://knews.kathimerini.com.cy/en/news/israel-secretly-moved-planes-to-cyprus-and-greece-before-iran-bombing
In the hours leading up to a major Israeli military strike, dozens of Israeli aircraft were quietly moved out of harm’s way, and into Cyprus and Greece, without those host countries being fully aware of the plan’s purpose, according to Israeli media reports....
https://knews.kathimerini.com.cy/en/business/environmental-department-we-don-t-approve-projects-based-on-who-applies
A beachfront development in Larnaca has triggered a public row between environmental activists and government authorities, with the Department of Environment rejecting claims that the project’s approval was politically motivated....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-upgrades-freedom24-outlook-to-positive-citing-stronger-risk-management
S&P Global Ratings has revised its outlook on Freedom Finance Europe Ltd., operating under the Freedom24 brand, from stable to positive, while affirming its 'B+/B' long- and short-term issuer credit ratings....
https://knews.kathimerini.com.cy/en/news/israel-tolerates-no-criticism-and-wants-to-control-everything-akel-leader-says
AKEL Secretary-General Stefanos Stefanou rejected accusations of antisemitism following criticism from Israeli Ambassador to Cyprus Oren Anolik, stating the party opposes all forms of hatred and misanthropy....
https://knews.kathimerini.com.cy/en/business/cyprus-backs-young-entrepreneurs-with-€50m-boost
Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....
https://knews.kathimerini.com.cy/en/business/1-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. ...
https://knews.kathimerini.com.cy/en/business/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....
