12 h. ago Cyprus Business Now: Hellenic Bank, BoC buyback, Ermes, Cyta acquisition, hotels

The Cyprus Stock Exchange (CSE) on Friday ratified the suspension of trading in the shares of Hellenic Bank Public Company Ltd, following a recent meeting of the CSE Council. The ratification was made under Article 184 of the Cyprus Stock Exchange Law and formalises the suspension decision first announced on May 9, 2025. The suspension […]

Economics

22 h. ago Paris court convicts thieves who robbed Kim Kardashian in jewel heist

A French court on Friday convicted the jewel thieves who in 2016 tied up US reality TV star Kim Kardashian at gun point before making off with her $4 million engagement ring and other booty. Ten people were in the dock, accused of involvement in the Paris heist. Robbers wearing ski masks and disguised as […]

Events

29 h. ago Greek court charges 17 coast guard officers over 2023 migrant shipwreck

A Greek naval court has charged 17 coast guard officers over one of the Mediterranean’s worst shipwrecks two years ago, in which hundreds of people are believed to have drowned, three sources said on Friday. The shipwreck of an overloaded migrant boat in international waters off the southwestern Greek town of Pylos on June 14, […]

Events

33 h. ago Bank of Cyprus buys back 339,586 shares as part of €30m repurchase programme

The Bank of Cyprus on Friday has announced that it repurchased a total of 339,586 of its ordinary shares between May 16, 2025, and May 22, 2025. The shares, each with a nominal value of €0.10, were bought on both the Cyprus Stock Exchange (CSE) and the Main Market of the Regulated Securities Market of […]

Economics

34 h. ago Pilakoutas unites with Europa Donna as 2025 ‘Race for the Cure’ Gold Sponsor

As part of its Corporate Social Responsibility initiatives and its ongoing support in the fight against breast cancer, Pilakoutas Group is once again partnering with Europa Donna Cyprus, serving as the gold sponsor of “Race for the Cure Cyprus 2025”. At a press conference held at Char. Pilakoutas Heritage, this year’s Race, Europe’s largest sporting […]

Sport

35 h. ago Cyprus eyes deeper Qatari investment ties with new proposals in Doha

Cyprus is courting Qatari investors with a push to expand cooperation in real estate, tech and financial services, as part of efforts to bolster bilateral ties and attract strategic capital into the island’s economy. During an official visit to Doha, Energy Minister George Papanastasiou met with Rashid bin Hamad Al-Athba, Second Vice President of the […]

Politics

41 h. ago Our View: A cashless future can wait – people still need ATMs

MPs this week lambasted banks for the lack of ATMs, particularly in mountainous and remote areas, giving them a one-month deadline to come back with a plan for more extensive coverage. This is a long-standing gripe over which some MPs come across as a bit hyperbolic at times conjuring up visions of little old ladies […]

Politics

46 h. ago G7 seeks to cut ‘excessive imbalances’ in global economy, may impose more Russia sanctions

Finance ministers and central bank governors from the Group of Seven democracies pledged on Thursday to address “excessive imbalances” in the global economy and said they could increase sanctions on Russia. The finance ministers and central bank governors, who met in the Canadian Rocky Mountains, said there was a need for a common understanding of […]

Politics

48 h. ago Five arrested over classified prison documents found in warden’s home

Authorities on Thursday arrested five persons – four prison wardens and a female police cadet – in connection with an ongoing investigation into documents found in the residence of a prison warden in early April. The arrest warrants were green-lit by Nicosia district court. According to a police statement, the five suspects are linked to the discovery […]

Events

50 h. ago North ‘MP’ calls for crossing points to be closed over property arrests

Turkish Cypriot ruling coalition party DP ‘MP’ Serhat Akpinar on Thursday called for the north’s authorities to close the island’s crossing points over the recent arrests and court cases regarding the alleged development of Greek Cypriot-owned land in the north. “The United Nations’ representative [Maria Angela Holguin] is here Attention must be drawn immediately. […]

Events

52 h. ago CBC governor outlines strategies for economic resilience and growth

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday used his address at the 4th ICPAC Mediterranean Finance Summit to underline the importance of resilience in the face of global economic uncertainties. At the event, Patsalides highlighted the necessity for strategic reforms and robust regulatory frameworks to ensure financial stability and sustainable growth. “We […]

Economics

52 h. ago EU to postpone key bank rules, waits on US deregulation plans

The European Union is set to delay new, global rules governing banks’ trading again as it waits for more clarity about the US administration’s plans to deregulate its financial sector, sources told Reuters. The Fundamental Review of the Trading Book (FRTB) is a key part the Basel III package devised in the wake of the […]

Politics

57 h. ago Michaelides doubles down on claims of collusion to get him fired

Former auditor-general Odysseas Michaelides said on Thursday that he had made evidenced statements to the police backing up his claim that President Nikos Christodoulides had been aware since July last year of the Supreme Court’s intention to unanimously suspend him.  Michaelides, who had initially made the claim publicly on Omega TV, said in a social […]

Events

57 h. ago After 49 years, Hellenic Bank gets renamed – What will change for customers

After 49 years, Hellenic Bank gets renamed – What will change for customers  Philenews

Economics

3 d. ago Hellenic Bank and Eurobank Cyprus to merge under one name: Eurobank

Hellenic Bank and Eurobank Cyprus to merge under one name: Eurobank  Kathimerini.com.cy

Politics

3 d. ago Man remanded over 18kg cannabis shipment via Larnaca airport

A 34-year-old man was remanded for eight days by the Larnaca district court on Wednesday, after allegedly attempting to import 18kg of cannabis discovered in a courier parcel at Larnaca airport. “In the presence of a courier company representative, 30 airtight nylon packets containing dry green plant material, with a total gross weight of 18kg, […]

Transport

3 d. ago Causes of fire visible over entire Polis bay under investigation

A fire that broke out at dawn on Wednesday in a large agricultural warehouse in Polis Chrysochous was brought under control by early morning and an investigation into its causes has been launched. The fire service, the police, and the force’s electromechanical unit, are cooperating to determine the causes of the blaze which broke out […]

Events

3 d. ago Man arriving from Israel to be extradited to Russia after arrest at Larnaca airport

A 38-year-old man arrested upon his arrival from Israel is to appear before the Larnaca District Court on Wednesday to be extradited to Russia. According to the police, the was arrested at Larnaca airport for charges related to, among other things, participation in a criminal organisation. “A red notice is pending against the 38-year-old from […]

Politics

4 d. ago Strong interest shown in Peyia Sunset Complex following May 19 Open Day

The Peyia Sunset Complex drew a wave of attention on Sunday, May 19, as it opened its doors to prospective buyers during an exclusive Open Day event, ahead of its much-anticipated live bidding process. The event attracted a steady stream of local and international visitors, all eager to explore the sea-view residences and investment potential […]

Politics

4 d. ago Bank of Cyprus issues shares to top executives as part of incentive schemes

The Bank of Cyprus on Tuesday announced the allotment of 317,817 new shares to members of its general management as part of its long-term and short-term incentive plans. The shares have a nominal value of €0.10 each and were originally issued on March 31, 2025. They are set to be admitted to trading on the […]

Politics