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31. 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....

32. 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....

33. Cypriots brace for impact as fuel prices set to jump after Mideast strikes

Drivers in Cyprus may soon feel a serious pinch at the pump, as fuel prices are expected to rise significantly in the coming days following Israel’s military strike on Iran and the resulting spike in global oil prices....

34. Long-term government bonds face growing investor pushback

Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....

35. Heads up! Low-flying helicopters to clean power lines across Cyprus

The Electricity Authority of Cyprus (EAC) has announced that a helicopter will be flying low over towns and villages across the island from June 10 to June 30, as part of a scheduled maintenance program to clean high-voltage insulators on transmission lines....

36. IMF and EU to Cyprus: Cool it on the pay rises, you're not made of money

Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....

37. Cypriots cruise into summer despite rising costs

Despite rising travel costs, Cypriots are going full steam ahead with their summer holiday plans, and this year, cruises are leading the way....

38. Couple arrested after dogs escape and attack woman with two children in Limassol

A 43-year-old man and a 36-year-old woman were taken into custody after their three dogs attacked a 25-year-old domestic worker and two children, ages 3 and 6, in the Moni industrial area on Sunday morning....

39. Cyprus cruise season launches with 170,000 travelers expected in 2025

The Daleela ferry launched its first voyage of the 2025 Cyprus–Greece maritime season on Saturday, as officials announced a surge in cruise tourism and reaffirmed the country's ambitions to become a key player in the global cruise sector....

40. Over 60,000 work permits issued to foreign talent in Cyprus since 2014

Cyprus has issued more than 60,000 residence and work permits to foreign nationals over the past decade as part of a push to attract tech talent and investment, according to figures released by Interior Minister Constantinos Ioannou....

41. Freedom24 hits 100K users in Greece, driven by digital-savvy investors

42. Global VC investment rises in Q1’25 on back of record-setting $40 billion Open AI deal, according to KPMG’s Venture Pulse

Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....

43. EU lawmakers approve tariff hikes on Russian, Belarusian agricultural imports

The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....

44. Nations cry foul over Israel’s Eurovision public vote win

Israel’s first-place finish in the public vote at last weekend’s Eurovision Song Contest has sparked growing calls from several countries for greater transparency and a review of the voting system....

45. India’s business titans set up shop in Cyprus, opening door to EU expansion

Cyprus is emerging as a key gateway for Indian companies seeking access to European and Middle Eastern markets, with the arrival of two major conglomerates, Thomas Cook India and LTIMindtree, signaling a new phase of economic cooperation....

46. EU proposes €2 fee on packages from China-based retailers like Shein and Temu

The European Union is planning to introduce a flat fee on billions of small parcels entering its borders each year, most of them from China....

47. Cyprus sees 25.5% jump in tourist arrivals in April, U.K. tops list

Cyprus welcomed 418,730 tourists in April 2025, a 25.5% increase from the 333,563 arrivals recorded in April 2024, according to figures released Monday by the Statistical Service....

48. COVID-19 resurgence alarms Asia as cases soar in Hong Kong, Singapore and beyond

A fresh wave of COVID-19 is spreading through parts of Asia, including Hong Kong, Singapore, China and Thailand, prompting health authorities to renew warnings as infections and hospitalizations rise....

49. Did you see Rihanna in Cyprus last week? Neither did we, but you might’ve thought so

It wasn’t Rihanna who took the stage in Cyprus on May 16, but for over 2,000 fans at EATmosphere in Nicosia, it might as well have been....

50. The quiet city turning into Cyprus’ new investment hotspot

A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....

51. May Newsletter of K. Treppides & Co Ltd – 09/05/2025

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....

52. Nip, tuck… and anime? What's behind Cyprus’ cosmetic surgery boom

Gone are the days when plastic surgery was just for the rich and famous. In Cyprus, cosmetic procedures have gone mainstream, and business is booming. ...

53. Apartments take the lead in Cyprus property market boom

Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....

54. Cyprus surges in Eurovision odds ahead of 69th song contest

Cyprus has emerged as a surprise contender in the 69th Eurovision Song Contest, with its entry ''Shh'' by Theo Evan climbing sharply in betting odds just days before the semifinals....

55. Cyprus struggles to fill jobs amid booming sectors, red tape

Cyprus is facing ongoing labor shortages across critical sectors, with acute gaps in professional drivers and nursing staff threatening service quality for both residents and tourists....

56. Surprise surprise, Cyprus near the top again in EU electricity costs

Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency....

57. Freedom24 makes waves in thrilling winter regatta finale

On the 27th of April in Limassol Marina the final stage of the Fareast 28R Cyprus Winter Grand Prix regatta came to an end. The fastest team was the Estonian Clean Energy team led by former European and World Champion Mati Sepp....

58. Erdogan accuses Europe of sabotaging migrant boats in Aegean and Mediterranean

Turkish President Recep Tayyip Erdoğan has leveled serious accusations at European authorities, claiming that some migrant boats were deliberately punctured, resulting in deadly drownings in the Aegean and Mediterranean seas....

59. 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....

60. UN warns of resurgence in deadly diseases

Measles, meningitis, and yellow fever, once largely contained through widespread immunization, are resurging globally due to vaccine misinformation, reduced international aid, and health system strain, the United Nations and partner agencies warned Wednesday....