23 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

25 h. ago Asking prices for UK homes have smallest spring rise since 2016

Asking prices for homes put up for sale in Britain have risen by the least for the late spring period since 2016, according to data published this week that added to signs of a slowdown in the country’s housing market after a tax break ended in April. The average price for houses and apartments advertised […]

Sport

36 h. ago UN says more food needed in Gaza as looting hampers deliveries

Israeli airstrikes killed at least six Palestinians guarding aid trucks against looters, Hamas officials said on Friday, as the head of the United Nations warned that only a “teaspoon” of aid was getting in following Israel’s 11-week-long blockade. The Israeli military said 107 trucks carrying flour and other foodstuffs as well as medical supplies entered […]

Politics

42 h. ago Hotel licence deadline pushed again as MPs slam ‘fictitious progress’

The House this week approved yet another extension to the licensing deadline for hotels and tourist accommodations, triggering backlash from MPs over years of delays and what they called ‘fictitious progress’. The new law pushes the deadline for securing an operating licence from the Deputy Ministry of Tourism to November 30, 2025, two months later […]

Events

45 h. ago Cyprus and Finland explore ties in maritime tech and shipping

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it organised a business mission to Helsinki earlier this week, held in conjunction with the official visit of president Nikos Christodoulides to Finland. According to the announcement, the aim of the mission was to “enhance economic relations between Cyprus and Finland“. During the […]

Politics

52 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

60 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

67 h. ago Three dead, thousands stranded in Australia’s Southeast flood disaster (V)

Flash flooding on Australia’s southeast coast has killed three people and cut off towns, isolating tens of thousands of residents, as officials on Thursday warned more downpours were expected over the next 24 hours. Major flooding hit several rural towns in the Hunter and Mid North Coast regions of New South Wales, Australia’s most populous […]

Events

3 d. ago Our View: Future of Nicosia’s Makarios avenue awaits police chief say

Last week, out of the blue, Nicosia municipal council voted to change the regime governing the lower part of Makarios avenue in Nicosia. This is the part that is closed to all vehicles except buses and taxis. The council voted that the road would open on weekdays from 7am to 9pm and close again on […]

Events

3 d. ago Turkish Cypriots protest over school bus crash, demand ‘education minister’s’ resignation

Turkish Cypriots demonstrated outside the north’s ‘prime minister’ Unal Ustel’s office on Tuesday night against the ruling coalition’s alleged negligence on the matter of school transport in light of the overturning of a school bus in the Karpas peninsula village of Yialousa, which saw 28 children and the bus’ driver hospitalised. Children, parents, and teachers were […]

Events

3 d. ago North journalists charged with trespassing after reporting on school crisis

Two journalists in the north were charged with trespassing after reporting on an incident in which teachers were locked out of a school amid souring relations between the ruling coalition and teachers over the former’s decision to legalise the wearing of hijabs at public schools. The charges were revealed to the public by the north’s Press […]

Events

3 d. ago North police board bus headed for protest, prevent it from going

The Turkish Cypriot police on Wednesday boarded a bus which was due to take schoolchildren to a protest outside the north’s ‘prime minister’ Unal Ustel’s office and prevented it from travelling. The bus was set to take children from Karpasia to the protest, which was being staged against the ruling coalition’s alleged negligence on the […]

Events

3 d. ago Cypriot businesses exhaust €14m digital scheme budget on first day

The Energy Ministry this week announced that strong interest was recorded for the third call of the digital upgrade scheme for Cypriot businesses, with the allocated budget of €14 million being exhausted on the very first day. According to the ministry, due to the depletion of the available budget, the submission of proposals has now […]

Politics

3 d. ago €9 million awarded to Greek Cypriot refugee by north’s property commission

Greek Cypriot refugee Christos Saveriades has been awarded €9 million in damages by the Turkish Cypriot ‘immovable property commission’ (IPC) for the loss of use of his property in the north, it was announced on Wednesday. Lawyer Achilleas Demetriades, representing Saveriades’ heirs, said an “amicable agreement” had been reached on November 19, 2024, and the […]

Events

3 d. ago Marketing is no longer optional in tech, says CAPSBOLD’s Loktionova

During Reflect Festival 2025, the largest technology and entrepreneurship event in Eastern Europe, the Middle East, and North Africa, Olga Loktionova, PR Director at the creative agency CAPSBOLD, delivered a keynote on the strategic role of marketing in the tech industry. For the second consecutive year, CAPSBOLD returned as the festival’s official marketing partner, this […]

Politics

4 d. ago North opposition lambasts ‘govt’ for ‘reckless’, ‘ridiculous’ property policy

The north’s ruling coalition was on Tuesday lambasted by two opposition ‘MPs’ for the “reckless” and “ridiculous” policies they have followed regarding the matter of property. The debate comes after the ruling coalition changed its legislation regarding the purchase of real estate by non-Turkish Cypriots last Friday, allowing them to buy more properties. First to speak on the […]

Events

4 d. ago EU proposes allowing deportation of asylum seekers to third countries

The European Union executive on Tuesday proposed amending EU law to allow member states to deport rejected asylum seekers to countries with which they have no connection, a move rights groups say would undermine the right to asylum. The European Commission said the changes, which would let countries remove an asylum applicant if they could […]

Events

4 d. ago Children and parents stage protest over overturned school bus

Children and parents in the Karpas village of Yialousa staged a protest on Tuesday against the north’s ruling coalition days after a school bus overturned in the village leading to 28 children and the bus driver hospitalised. Blame for the accident was laid squarely at the feet of the ruling coalition by children and parents, […]

Society

4 d. ago Cyprus eyes stronger trade ties with Qatar at Doha economic forum

Minister of Energy George Papanastasiou travelled to Doha this week to represent President Nikos Christodoulides at the Qatar Economic Forum, taking place from May 20 to 22. According to a statement from the Ministry of Energy, Papanastasiou met on Tuesday with Qatar’s Minister of Commerce and Industry, Sheikh Faisal Thani Al Thani, on the sidelines […]

Economics

4 d. ago Evel welcomes Limassol pledges but seeks concrete commitments

The Limassol Chamber of Commerce and Industry (Evel) has cautiously welcomed President Nikos Christodoulides’ latest pledges for the city, backing the vision but pressing the government to deliver clear deadlines and follow-through. In a statement issued this week, Evel thanked the president and the Council of Ministers for their visit to Limassol over the weekend […]

Politics