Read the latest news from regional and global sources, presenting different voices and perspectives.
Cyprus Business Now: ICT, sanctions, digital euro, disability care debate, RIF
Cyprus Mail
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July 10, 2025
The Cyprus association of care home owners on Tuesday expressed “strong dissatisfaction” over the way House labour committee discussed living conditions in private and state care homes for people with dissabilities. The association, a member of...
Stock Market Live Updates 10 July 2025: Markets dip ahead of US-India trade deal; TCS Q1 earnings in focus
The Hindu Business Line
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July 10, 2025
Enviro Infra: JV wins ₹395 crore pollution control project in Maharashtra. (Positive) HCL Tech: Company & Astemo Cypremos partner to boost innovation in autonomous & smart vehicles (Positive) Elgi Equipments: SBI Mutual Fund buys 18.12 lakh shares...
Sklavenitis sets a new standard for employee benefits in Cyprus
Cyprus Mail
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July 10, 2025
In a remarkable move that redefines employee support within the retail sector, supermarket chain Sklavenitis has introduced the 14th salary to its entire workforce in Cyprus, including employees from the recently acquired Papantoniou stores. This...
Focus on 15 stocks in today’s trade: Asian Paints, Akzo Nobel, GAIL, OIL India, Crisil, ICRA, CARE Ratings, HCL Tech among key movers
The Hindu Business Line
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July 10, 2025
Asian Paints – the country’s largest paint-maker- has sold its entire stake in Akzo Nobel India for Rs 734 crore. Over 20,00,000 equity shares representing 4.42 per cent of the paid up capital of Akzo was off-loaded via bulk deals. In a notice to...
Cyprus reviews progress in financial literacy strategy
Cyprus Mail
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July 10, 2025
The Cyprus Financial Literacy and Education Committee (CyFLEC) reviewed the progress of Cyprus’ national strategy for financial literacy on Wednesday during its fifth meeting of the board of directors. According to a statement issued by the...
Cyprus races to boost water supply as reservoirs run low
Cyprus Mail
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July 10, 2025
Cyprus plans to start pumping desalinated water from new units in Moni into the network on July 22, officials said on Wednesday, as concerns grow over low water reserves. George Kazadjis, deputy director of the water development department, told...
Cyprus curtails as much renewable electricity in first half of 2025 as whole last year
Balkan Green Energy News
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July 9, 2025
In addition to being the only European Union member state without an interconnection with another power system, Cyprus only has oil-fired generators, a surging solar power capacity, and wind parks. Other countries, like Greece, also must curtail...
Holidays to Spain, Cyprus and Turkey soar in price
BBC
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Abi Smitton, Colletta Smith & Tommy LumbyBBC News ShareSave All-inclusive family package holidays from the UK have jumped in price for some of the most popular destinations, including Spain, Cyprus and Turkey. The average price for a week in...
Turkey launching ‘Island Cyprus’ tourism campaign for occupied north
Kathimerini
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July 9, 2025
Turkey is preparing to launch an international tourism campaign promoting the Turkish-occupied northern third of Cyprus under the brand name “Island Cyprus”. For international audiences, the campaign will be rebranded as “Visit North Cyprus”,...
Fake ‘Labubu’ toys seized in Cyprus-wide raid
Knews Kathimerini
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Cyprus Customs officials have seized more than 1,300 counterfeit items during a coordinated nationwide operation targeting fake branded toys and accessories. According to an announcement from the Department of Customs, the raid took place on July...
Scammers pose as clients and bank officials to dupe Nicosia businessman out of €14,500
Knews Kathimerini
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A 57-year-old businessman in Nicosia was scammed out of €14,500 after falling victim to a sophisticated phone fraud scheme, police said Tuesday. According to the complaint, the businessman was first contacted Monday afternoon by a person claiming...
Freeze 53 bank accounts of S Alam Group chair, family
Daily Star
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July 9, 2025
Thu Jul 10, 2025 02:09 AM Last update on: Thu Jul 10, 2025 03:25 AM Court asks ACC Court Correspondent Thu Jul 10, 2025 02:09 AM Last update on: Thu Jul 10, 2025 03:25 AM A Dhaka court yesterday ordered the Anti-Corruption Commission to freeze 53...
HCLTech and Astemo Cypremos partner to accelerate autonomous and smart vehicle ecosystem
Business Upturn
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July 9, 2025
HCLTech announced a strategic partnership with Astemo Cypremos, a subsidiary of Astemo, Ltd., to drive innovation in the autonomous and smart vehicle space. Under the multi-year engagement, HCLTech will help Cypremos transition to a...
Cyprus trade turnover rises 5.7 per cent to €19.34 billion in 2023
Cyprus Mail
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July 9, 2025
Cyprus’ trade sector recorded positive growth in 2023, according to the state statistical service’s wholesale and retail trade survey, the results of which were released on Wednesday. Turnover and employment both increased during the reporting...
Cyprus reaffirms support for digital euro at Ecofin meeting
Cyprus Mail
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July 9, 2025
Finance Minister Makis Keravnos reaffirmed Cyprus’ support for adopting the digital euro this week, during an EU economic and financial affairs council meeting (Ecofin) in Brussels. At the meeting, the Cypriot minister also stressed the need to...
John Ioannou appointed as Group Chief Financial Officer at Titan
Global Cement
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Greece: Titan has appointed John Ioannou as its Group Chief Financial Officer (CFO). He will first join Titan as a member of its Group Executive and Management Committees in July 2025. He will later succeed Michael Colakides as Group CFO on 1...
Astemo Cypremos partners with HCLTech to accelerate autonomous and smart vehicles ecosystem
Equity Bulls
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HCLTech, a leading global technology company, and Astemo Cypremos, Ltd. ("Cypremos"), a subsidiary of Astemo, Ltd. specializing in software and cloud services, announced a partnership to advance innovation in the autonomous and smart vehicle...
Cyprus Business Now: airports, property, graduate employability, CySEC
Cyprus Mail
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July 9, 2025
Cyprus is stepping up its air connectivity this summer, with Larnaca and Paphos airports offering an expanded network of destinations across Europe and the Middle East. The move, driven by Hermes Airports in close partnership with airlines and...
Court freezes 53 more bank accounts with Tk113cr linked to S Alam Group chairman
The Business Standard
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July 9, 2025
A Dhaka court has ordered authorities concerned to freeze 53 bank accounts, holding Tk113.09 crore, belonging to S Alam Group Chairman Mohammad Saiful Alam and individuals or entities connected to him. Dhaka Metropolitan Senior Special Judge Md...
Cyprus to Canada to Croatia: Modi’s tour builds the next arc of Indian influence and global future
Organiser Weekly
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In a decisive reassertion of India’s increasing global power and diplomatic sagacity, Prime Minister Narendra Modi went on a three-country tour of Cyprus, Canada, and Croatia from 15 to 19 June 2025. Each of these visits were packed with symbolism...