Business & Finance

image Average Cypriot families see homeownership dream slip away

Monday 02 November | 14:25

Real estate

Average Cypriot families see homeownership dream slip away

Nicosia offers hope as Limassol property market shuts the door on average earners Only 1.8 per cent of two- and three-bedroom apartments advertised for sale in Limassol are priced within the ...

By Kyriacos Nicolaou

Monday 02 November | 13:59

Cyprus seeks major investment as Christodoulides announces US mission

President Nikos Christodoulides on Monday urged closer cooperation between the government and the private sector to attract productive investment, accelerate major developments and address challenges including housing affordability, as he ...

By Kyriacos Nicolaou

Monday 02 November | 14:25

Real estate

Average Cypriot families see homeownership dream slip away

Nicosia offers hope as Limassol property market shuts the door on average earners Only 1.8 per cent of two- and three-bedroom apartments advertised for sale in Limassol are priced within the ...

By Kyriacos Nicolaou

Monday 02 November | 15:53 Shipping

Cyprus shipping sector adds 119 vessels, increases revenue over three years

Cyprus’ shipping fleet has expanded by around 27 per cent since September 2023, with 119 new vessels joining the national register since the beginning of 2026, Shipping Deputy Minister Marina Hadjimanolis said on Monday, ...

By Kyriacos Nicolaou

Monday 02 November | 13:59

Cyprus seeks major investment as Christodoulides announces US mission

President Nikos Christodoulides on Monday urged closer cooperation between the government and the private sector to attract productive investment, accelerate major developments and address challenges including housing affordability, as he ...

By Kyriacos Nicolaou

Monday 02 November | 13:14

Cyprus court annuls €175,522 fine imposed on Kythreotis subsidiary

Cyprus’ administrative court has annulled a €175,522 administrative fine imposed on K. Kythreotis Holdings Public Ltd subsidiary K. Kythreotis – Skyrodema Ltd by the Commission for the Protection of Competition (CPC), ruling ...

By Kyriacos Nicolaou

Monday 02 November | 13:03

Economy

Cyprus households hold €62.57bn in financial assets as loans near €20bn

Cyprus households held €62.57 billion in financial assets at the end of 2025, with more than half of their holdings kept in cash and bank deposits, while outstanding household loans approached €20 billion, ...

By Kyriacos Nicolaou

image Cyprus seeks US investment and startup links at Silicon Valley summit

Monday 02 November | 14:07

Startups

Cyprus seeks US investment and startup links at Silicon Valley summit

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou on Monday travelled to the United States to promote Cyprus as a regional technology and innovation hub and strengthen links ...

By Kyriacos Nicolaou

Cyprus Business News

Monday 02 November | 15:53

Shipping

Cyprus shipping sector adds 119 vessels, increases revenue over three years

Cyprus’ shipping fleet has expanded by around 27 per cent since September 2023, with 119 new vessels joining the national register since the beginning of 2026, Shipping Deputy Minister Marina Hadjimanolis said on Monday, ...

By Kyriacos Nicolaou

Monday 02 November | 14:25

Real estate

Average Cypriot families see homeownership dream slip away

Nicosia offers hope as Limassol property market shuts the door on average earners Only 1.8 per cent of two- and three-bedroom apartments advertised for sale in Limassol are priced within the ...

By Kyriacos Nicolaou

Monday 02 November | 14:07

Startups

Cyprus seeks US investment and startup links at Silicon Valley summit

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou on Monday travelled to the United States to promote Cyprus as a regional technology and innovation hub and strengthen links ...

By Kyriacos Nicolaou

Monday 02 November | 14:02

Eurobank spends €6.74 million buying back 1.55 million shares

Eurobank repurchased more than 1.55 million of its own shares on the Athens stock exchange during the final week of October, spending approximately €6.74 million as part of its ongoing share buyback ...

By Kyriacos Nicolaou

Monday 02 November | 13:59

Cyprus seeks major investment as Christodoulides announces US mission

President Nikos Christodoulides on Monday urged closer cooperation between the government and the private sector to attract productive investment, accelerate major developments and address challenges including housing affordability, as he ...

By Kyriacos Nicolaou

Monday 02 November | 13:33

GAP Vassilopoulos half-year profit falls to €1.26 million

GAP Vassilopoulos Public Ltd on Monday reported a lower profit attributable to shareholders for the first half of 2026, despite an increase in revenue, as its earnings declined compared with the ...

By Kyriacos Nicolaou

Monday 02 November | 13:25

CSE suspends trading in iDNA Genomics bonds over trustee vacancy

The Cyprus Stock Exchange (CSE) has suspended trading in bonds issued by iDNA Genomics Public Ltd for up to two months after the company failed to appoint a replacement trustee ...

By Kyriacos Nicolaou

Monday 02 November | 13:14

Cyprus court annuls €175,522 fine imposed on Kythreotis subsidiary

Cyprus’ administrative court has annulled a €175,522 administrative fine imposed on K. Kythreotis Holdings Public Ltd subsidiary K. Kythreotis – Skyrodema Ltd by the Commission for the Protection of Competition (CPC), ruling ...

By Kyriacos Nicolaou

Monday 02 November | 13:03 Economy

Cyprus households hold €62.57bn in financial assets as loans near €20bn

Cyprus households held €62.57 billion in financial assets at the end of 2025, with more than half of their holdings kept in cash and bank deposits, while outstanding household loans approached €20 billion, ...

By Kyriacos Nicolaou

Monday 02 November | 12:49

Cyprus retail turnover records double-digit growth in September

Cyprus’ retail trade turnover increased by 10.4 per cent in value and 7.7 per cent in volume in September 2026 compared with the same month a year earlier, according to figures released by ...

By Kyriacos Nicolaou

image Eurobank builds on its Cyprus presence as group earnings climb

Monday 02 November | 12:26

Banking

Eurobank builds on its Cyprus presence as group earnings climb

Eurobank reported €367 million in profit before tax from its Cyprus operations for the first nine months of 2026, as the group’s overall net profit attributable to shareholders rose to €1.16 billion, ...

By Kyriacos Nicolaou

Monday 02 November | 11:50

Demetra Holdings completes share buyback

Cypriot investment firm Demetra Holdings Plc completed the repurchase of 3,358 own shares on October 30, 2026, as part of its ongoing corporate capital management strategy, involving a total financial outlay of €4,432.56. The ...

By Kyriacos Nicolaou

Monday 02 November | 10:12

Oev promotes social entrepreneurship and inclusion in Cyprus

The Employers and Industrialists Federation (Oev) on Monday released an announcement reviewing a conference it held late last month at its headquarters in Nicosia, where it highlighted opportunities for social ...

By Kyriacos Nicolaou

Banking and Finance

Monday 02 November | 14:02

Eurobank spends €6.74 million buying back 1.55 million shares

Eurobank repurchased more than 1.55 million of its own shares on the Athens stock exchange during the final week of October, spending approximately €6.74 million as part of its ongoing share buyback ...

By Kyriacos Nicolaou

Monday 02 November | 12:26

Banking

Eurobank builds on its Cyprus presence as group earnings climb

Eurobank reported €367 million in profit before tax from its Cyprus operations for the first nine months of 2026, as the group’s overall net profit attributable to shareholders rose to €1.16 billion, ...

By Kyriacos Nicolaou

image Eight-day cyberattack highlights risks for Cyprus financial firms

Monday 02 November | 08:30

Technology

Eight-day cyberattack highlights risks for Cyprus financial firms

Financial institutions in Cyprus face growing risks from prolonged cyberattacks, after a distributed denial-of-service (DDoS) attack targeting a bank lasted 200 hours in the third quarter of 2026, according to cybersecurity company ...

By Kyriacos Nicolaou

Monday 02 November | 08:10

Technology sector and renewable energy cushion euro area against fresh shocks

Monday 02 November | 06:00

Eurozone banks tighten lending as business and housing loan demand falls

Saturday 31 October | 10:00

Eurobank revises dates for 2026 interim dividend payment

Shipping

Monday 02 November | 15:53

Shipping

Cyprus shipping sector adds 119 vessels, increases revenue over three years

By Kyriacos Nicolaou

Sunday 01 November | 15:17

Shipping

Cyprus steps up shipping ties across major Asian markets

By Kyriacos Nicolaou

Thursday 29 October | 14:44

WISTA surpasses 6,500 members as Petraki pushes for maritime diversity

By Souzana Psara

Wednesday 28 October | 13:30

Columbia Group shifts focus from recruiting to retaining women at sea

By Souzana Psara

Wednesday 28 October | 07:50

Pilides questions Europe’s energy strategy as costs remain high

By Souzana Psara

Tuesday 27 October | 10:11

CSC to host global shipping leaders for talks on geopolitics and fuel transition

By Souzana Psara

Startups and Innovation

Monday 02 November | 14:07 Startups

Cyprus seeks US investment and startup links at Silicon Valley summit

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou on Monday travelled to the United States to promote Cyprus as a regional technology and innovation hub and strengthen links ...

By Kyriacos Nicolaou

Monday 02 November | 08:30

Technology

Eight-day cyberattack highlights risks for Cyprus financial firms

Financial institutions in Cyprus face growing risks from prolonged cyberattacks, after a distributed denial-of-service (DDoS) attack targeting a bank lasted 200 hours in the third quarter of 2026, according to cybersecurity company ...

By Kyriacos Nicolaou

Sunday 01 November | 08:00

Europeans remain wary of innovative foods despite recognising benefits

A majority of Europeans have a negative view of innovative food products, despite recognising their potential to help farmers tackle climate change and other challenges, according to a European Commission ...

By Kyriacos Nicolaou

Saturday 31 October | 09:30

Startups

Inside Cyprus’ growing network of startup investors

Cyprus’ startup ecosystem is supported by a mix of venture capital funds, crowdfunding platforms, corporate investors and accelerators, each addressing different obstacles facing young businesses, from securing early funding to ...

By Kyriacos Nicolaou

Friday 30 October | 10:40

How AI is changing the way lawyers work in Cyprus

Artificial intelligence is beginning to reshape the legal profession, with law firms increasingly exploring how emerging technologies can improve research, document analysis and other aspects of legal work without compromising ...

By Kyriacos Nicolaou

Tourism

Friday 30 October | 15:48

Israelis turn to Cyprus for concerts as international acts shun home stages

Cyprus is increasingly being chosen by Israelis as a destination for live music, with tourism firms reporting on Friday that the lack of international artists performing in Israel is driving ...

By James Morphakis

Friday 30 October | 13:53

Brits pull back, Israelis pour in – Cyprus tourism ends August €20m down

Cyprus tourism revenue fell by 3.4 per cent year-on-year in August to €562 million, as fewer tourists and shorter stays weighed on earnings despite an increase in average daily spending, according to ...

By Souzana Psara

Thursday 29 October | 13:02

Lonely Planet loves Cyprus, but your wallet might disagree

Cyprus may have won over Lonely Planet with its winter sunshine, but the cost of enjoying it tells a rather less flattering story, with Paphos proving considerably more expensive than ...

By Souzana Psara

Property

Monday 02 November | 14:25

Real estate

Average Cypriot families see homeownership dream slip away

Nicosia offers hope as Limassol property market shuts the door on average earners Only 1.8 per cent of two- and three-bedroom apartments advertised for sale in Limassol are priced within the ...

By Kyriacos Nicolaou

Monday 02 November | 13:59

Cyprus seeks major investment as Christodoulides announces US mission

President Nikos Christodoulides on Monday urged closer cooperation between the government and the private sector to attract productive investment, accelerate major developments and address challenges including housing affordability, as he ...

By Kyriacos Nicolaou

Saturday 31 October | 11:55

Safety measures overlooked in smaller construction jobs, warns Cyprus official

Working at height remains the most frequent cause of workplace accidents in Cyprus, the Labour Inspection Department has warned, following a serious incident at a factory in Larnaca that left ...

By Kyriacos Nicolaou

image Resales of existing Cyprus houses more than double in third quarter

Tuesday 27 October | 13:29

Real estate

Resales of existing Cyprus houses more than double in third quarter

Resales of existing houses in Cyprus more than doubled in the third quarter of 2026, with transactions rising by 114.5 per cent compared with the previous quarter, as the secondary residential property ...

By Kyriacos Nicolaou

Energy

Sunday 01 November | 07:30

Sunlight, water and a new, cleaner way to make green hydrogen

Inspired by nature, EU-funded researchers have developed a system that uses sunlight and water to produce green hydrogen, potentially opening a new route to producing and storing renewable energy locally. ...

By CM Guest Columnist

image Cyprus household electricity prices remain above pre-crisis levels

Friday 30 October | 13:00

Energy

Cyprus household electricity prices remain above pre-crisis levels

Household electricity prices in Cyprus fell to €0.26 per kilowatt-hour in the first half of 2026, according to Eurostat data, easing from their energy-crisis peak but remaining significantly above pre-crisis levels as ...

By Kyriacos Nicolaou

Wednesday 28 October | 07:50

Pilides questions Europe’s energy strategy as costs remain high

Europe needs to rethink its energy strategy as growing renewable energy capacity has failed to deliver the expected reduction in electricity costs and market volatility, former Energy Minister Natasa Pilides ...

By Souzana Psara

Tuesday 27 October | 16:04

Cyprus fuel sales climb 20.8 per cent month-on-month in September

Sales of petroleum products in Cyprus increased by 1.5 per cent year-on-year in September 2026, reaching 146,963 tonnes, as higher sales of motor gasoline, liquefied petroleum gas and aviation kerosene outweighed declines in ...

By Kyriacos Nicolaou

Market spotlight

Monday 02 November | 17:17

XM Group continues long-standing support of sport and sporting values

By Press Release

Monday 02 November | 16:15

Radio Marathon 2026: a collective effort for a society with room for every child

By Press Release

Monday 02 November | 10:59

Columbia Beach Resort secures two wins at LUXE Global Awards 2026

By Press Release

Friday 30 October | 16:19

ERB ASFALISTIKI: 27 years together with Cyprus Police for Road Safety

By Press Release

Friday 30 October | 12:42

I.D Construction Connects University of Cyprus Students with Careers in Construction

By Press Release

Cyprus 4.0

Saturday 31 October | 12:00

Beyond the pitch: How Cyprus supports its startup founders

For founders in Cyprus, turning an idea into a business involves more than developing a product. It means testing demand, protecting intellectual property and finding customers and funding. The island’...

By Panis Pieri

Saturday 31 October | 09:30 Startups

Inside Cyprus’ growing network of startup investors

Cyprus’ startup ecosystem is supported by a mix of venture capital funds, crowdfunding platforms, corporate investors and accelerators, each addressing different obstacles facing young businesses, from securing early funding to ...

By Kyriacos Nicolaou

Friday 30 October | 15:15

Spectrum Games: Bringing people together, one game at a time

What began in 2019 as an initiative to bring traditional games into the digital age has evolved into a Cyprus-based gaming company with ambitions extending well beyond the island. Founded by ...

By Freda Yannitsas

Friday 30 October | 12:00

GetOffers.com: Making business travel simpler

Before GetOffers.com, I worked in travel tech for several years. I started in customer support and later moved into sales. In both roles, I kept hearing the same complaints ...

By Panis Pieri

Friday 30 October | 10:40

How AI is changing the way lawyers work in Cyprus

Artificial intelligence is beginning to reshape the legal profession, with law firms increasingly exploring how emerging technologies can improve research, document analysis and other aspects of legal work without compromising ...

By Kyriacos Nicolaou

image Michael Economou on building Exyde around AI teams

Thursday 29 October | 15:15

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About Us

Business & Finance

Average Cypriot families see homeownership dream slip away

Cyprus seeks major investment as Christodoulides announces US mission

Average Cypriot families see homeownership dream slip away

Cyprus shipping sector adds 119 vessels, increases revenue over three years

Cyprus seeks major investment as Christodoulides announces US mission

Cyprus court annuls €175,522 fine imposed on Kythreotis subsidiary

Cyprus households hold €62.57bn in financial assets as loans near €20bn

Cyprus seeks US investment and startup links at Silicon Valley summit

Cyprus Business News

Cyprus shipping sector adds 119 vessels, increases revenue over three years

Average Cypriot families see homeownership dream slip away

Cyprus seeks US investment and startup links at Silicon Valley summit

Eurobank spends €6.74 million buying back 1.55 million shares

Cyprus seeks major investment as Christodoulides announces US mission

GAP Vassilopoulos half-year profit falls to €1.26 million

CSE suspends trading in iDNA Genomics bonds over trustee vacancy

Cyprus court annuls €175,522 fine imposed on Kythreotis subsidiary

Cyprus households hold €62.57bn in financial assets as loans near €20bn

Cyprus retail turnover records double-digit growth in September

Eurobank builds on its Cyprus presence as group earnings climb

Demetra Holdings completes share buyback

Oev promotes social entrepreneurship and inclusion in Cyprus

Banking and Finance

Eurobank spends €6.74 million buying back 1.55 million shares

Eurobank builds on its Cyprus presence as group earnings climb

Eight-day cyberattack highlights risks for Cyprus financial firms

Technology sector and renewable energy cushion euro area against fresh shocks

Eurozone banks tighten lending as business and housing loan demand falls

Eurobank revises dates for 2026 interim dividend payment

Shipping

Cyprus shipping sector adds 119 vessels, increases revenue over three years

Cyprus steps up shipping ties across major Asian markets

WISTA surpasses 6,500 members as Petraki pushes for maritime diversity

Columbia Group shifts focus from recruiting to retaining women at sea

Pilides questions Europe’s energy strategy as costs remain high

CSC to host global shipping leaders for talks on geopolitics and fuel transition

Startups and Innovation

Cyprus seeks US investment and startup links at Silicon Valley summit

Eight-day cyberattack highlights risks for Cyprus financial firms

Europeans remain wary of innovative foods despite recognising benefits

Inside Cyprus’ growing network of startup investors

How AI is changing the way lawyers work in Cyprus

Tourism

Israelis turn to Cyprus for concerts as international acts shun home stages

Brits pull back, Israelis pour in – Cyprus tourism ends August €20m down

Lonely Planet loves Cyprus, but your wallet might disagree

Property

Average Cypriot families see homeownership dream slip away

Cyprus seeks major investment as Christodoulides announces US mission

Safety measures overlooked in smaller construction jobs, warns Cyprus official

Resales of existing Cyprus houses more than double in third quarter

Energy

Sunlight, water and a new, cleaner way to make green hydrogen

Cyprus household electricity prices remain above pre-crisis levels

Pilides questions Europe’s energy strategy as costs remain high

Cyprus fuel sales climb 20.8 per cent month-on-month in September

Market spotlight

XM Group continues long-standing support of sport and sporting values

Radio Marathon 2026: a collective effort for a society with room for every child

Columbia Beach Resort secures two wins at LUXE Global Awards 2026

ERB ASFALISTIKI: 27 years together with Cyprus Police for Road Safety

I.D Construction Connects University of Cyprus Students with Careers in Construction

Cyprus 4.0

Beyond the pitch: How Cyprus supports its startup founders

Inside Cyprus’ growing network of startup investors

Spectrum Games: Bringing people together, one game at a time

GetOffers.com: Making business travel simpler

How AI is changing the way lawyers work in Cyprus

Michael Economou on building Exyde around AI teams

Cryptocurrencies

What the EBA’s USDC decision means for stablecoin supervision in Europe

Binance $6.3bn hack explained: How it happened and where the money went

Cyprus promotes fintech and digital economy at US blockchain summit

7 ways to earn beyond Crypto Mining in 2026: How do the best AI infrastructure offer new opportunities?

Best RPC providers for Ethereum in 2026

Cloud mining alternatives in 2026: How to participate in AI infrastructure without buying hardware

How to convert Crypto to cash without disrupting business cash flow