Read the latest news from regional and global sources, presenting different voices and perspectives.

Cyprus Business Now: banks, new podcast series, BrainRocket, tourism
The European Banking Authority (EBA) this week reported that the EU and EEA banking sector remained robust in the first quarter of 2025, despite higher costs of risk. Publishing its quarterly Risk Dashboard, the EBA reported that the common equity...

Cyprus can’t afford to forget what water scarcity feels like
By Eleni Panayiotou Following the tragic wildfires in the Troodos foothills the importance of water and to be more precise the scarcity of it, becomes more prevalent than ever. The constant reminder of how precious water is was a large part of my...

Our View: Bank employees have no legitimate claim on bank profits
The union representing the best-paid employees in Cyprus, Etyk, has a policy of always demanding more. This policy has obviously served bank workers very well over the years, with even those on the lowest salaries being generously rewarded. Etyk...

Outdoor brand asks help to set Guinness World Record at Cypress Mountain this month
The challenge is to celebrate Kathmandu’s launch into Canada while also raising funds for local organizations Do you have what it takes to break a Guinness World Record this summer? Kathmandu, an outdoor apparel brand founded in New Zealand, is...

UK trade envoy to Turkey's trip to Northern Cyprus turns into a full diplomatic row - as pressure piles on Sir Keir Starmer to sack him
By CLAIRE ELICOTT WHITEHALL EDITOR Published: 18:27 EDT, 12 August 2025 | Updated: 19:02 EDT, 12 August 2025 A visit by the UK's Turkey trade envoy to Northern Cyprus has escalated into a diplomatic spat. The Greek Cypriot government condemned the...

Cyprus chaos: Sausage pies, scorched politics, and TikTok cops
The viral photo of the week showing Americans posing proudly in front of a… sad little plate of sausage pies sparked plenty of commentary. “Where’s the traditional Cypriot hospitality?” lamented someone on social media. Meanwhile, a portly, and...

Armenian businessman launches $500mn arbitration case against Yerevan
Russian-Armenian entrepreneur Samvel Karapetyan has initiated international arbitration proceedings against Armenia's government, seeking $500mn (£396mn) in damages over the alleged expropriation of his electricity distribution company, TASS...

ESPN host, Cypress's Chiney Ogwumike shares how sports transformed her life: 'Bigger than the game'
HOUSTON, Texas (KTRK) -- Before Chiney Ogwumike shined under the bright lights in ESPN's studios, stunned on red carpets, or made history this year as the first female ambassador for the Basketball Africa League, she was already holding court in...

Cyprus firms hit with two-month trading halt for reporting failures
The Cyprus Stock Exchange (CSE) on Tuesday announced the suspension of trading for shares of several companies listed on its new market, a segment designed specifically for smaller, growing, or emerging companies. The new market segment provides a...

Cypriot mountaineers pushing the limits of endurance
‘I would look down and I would only see hundreds of metres of nothingness’ Cyprus mountaineering is having a moment; while one team successfully reached the dangerous Belukha peak in July, another readies to climb one of the world’s highest peaks,...

Cyprus joins EU in saying Ukraine should have say in own future
Cyprus welcomes the United States’ efforts to mediate between Ukraine and Russia with the aim of bringing the war in Ukraine to an end, government spokesman Konstantinos Letymbiotis said on Tuesday. Speaking to the Cyprus News Agency, he said...

FBS Reports Altcoin Market Entering Next Growth Phase
Singapore, Singapore, August 12th, 2025, FinanceWire FBS, a leading global broker, has published a new market analysis revealing that the long-anticipated altcoin season is here and it’s accelerating. According to FBS experts, capital rotation is...

Striking workers break into bank’s headquarters in north
Employees of the north’s Koop Bank and its subsidiaries who went on strike after not being paid their salaries for the month of July on Tuesday broke into the bank’s headquarters in northern Nicosia. According to newspaper Yeniduzen, workers...

Cyprus: Beach lockers to be installed at two Paralimni-Deryneia beaches
Home Cyprus Cyprus: Beach lockers to be installed at two Paralimni-Deryneia beaches FAMAGUSTA GAZETTE – A total of 320 beach lockers will be installed at two popular beaches in the Paralimni-Deryneia municipality to improve safety and convenience...

UK Trade Envoy Ripped for Visiting Turkish-Cypriot Occupied Side
Britain’s Trade Envoy Afzal Khan was denounced by the Labour party which said he should be dismissed after taking a trip to the Turkish-Cypriot occupied side of the island which isn’t recognized by the United Kingdom. The National Federation of...

Cyprus-based Olvia Investments eyes liquid products terminal in Constanța port
Olvia Investments, a Cyprus-registered real estate investment company within the Island Oil Holdings group, is seeking to acquire Green Port Operator, a port logistics firm in Constanța, with plans to build a liquid products terminal in the Black...

Why Mutuum Finance (MUTM) could deliver 1,200% growth in the next bull run cycle
The decentralized finance (DeFi) sector is witnessing a robust revival as liquidity surges back into the market, sparking fresh interest among traders ranging from conservative investors to high-risk seekers. Mutuum Finance (MUTM) stands at a...

In photos: Cypress Hill, Lupe Fiasco, Atmosphere and Pharcyde
WILMINGTON — B Real, Sen Dog, and DJ Muggs, better known as Cypress Hill, brought their Latin-American-infused hip-hop to Live Oak Bank Pavilion on Sunday. As part of the Dank Daze Summer Tour, the L.A.-based group — who got its start in 1988 and...

Cyprus Business Now: real estate, taxes, BoC, ESG, construction costs, CSE
The Cyprus Stock Exchange (CSE) Council on Monday expressed “deep concern and disappointment” over what it deems to be “the exclusion of meaningful incentives for the capital market” in the government’s proposed tax reform. “Despite submitting...

UK trade envoy faces calls to quit over visit to occupied Cyprus
Afzal Khan, a Labour MP and Britain’s special trade envoy to Turkey, is under mounting pressure to resign after a controversial trip to the Turkish-occupied north of Cyprus. Khan attended a ceremony in Kyrenia to receive an honorary doctorate from...