Business & Finance

Saturday 21 June | 08:00

Cyprus launches first quantum-secure communication network

Cyprus has deployed its first quantum communication network, led by scientists from the Cyprus University of Technology (CUT) as part of the Cyprus Quantum Communication Infrastructure (CYQCI) project. According to ...

By Souzana Psara

Friday 20 June | 13:43

Cyprus trims 2025 GDP growth forecast to 3.1 per cent

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

By Kyriacos Nicolaou

Saturday 21 June | 08:00

Cyprus launches first quantum-secure communication network

Cyprus has deployed its first quantum communication network, led by scientists from the Cyprus University of Technology (CUT) as part of the Cyprus Quantum Communication Infrastructure (CYQCI) project. According to ...

By Souzana Psara

Saturday 21 June | 09:00 Daily wrap-up

Cyprus Business Now: GDP forecast, Finance Minister, CSE privatisation, CySEC

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

By Kyriacos Nicolaou

Friday 20 June | 13:43

Cyprus trims 2025 GDP growth forecast to 3.1 per cent

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

By Kyriacos Nicolaou

Saturday 21 June | 06:30

OpenAI wins $200 million US defense contract

ChatGPT maker OpenAI was awarded a $200 million contract to provide the US Defense Department with artificial intelligence tools, the Pentagon said in a statement this week. “Under this award, the ...

By Reuters News Service

Saturday 21 June | 06:00

Volvo Group, Daimler look to technology joint venture in bid to save costs

European truckmaking rivals AB Volvo (VOLVb.ST) and Daimler Truck (DTGGe.DE) hope to cut costs and reduce reliance on suppliers by jointly developing a software-defined vehicle program, they said ...

By Reuters News Service

Friday 20 June | 12:19

Finance Minister urges EU to boost competitiveness, defence

Finance Minister Makis Keravnos on Friday called for urgent action to boost European competitiveness and reinforce the EU’s common defence as he arrived at the Economic and Financial Affairs ...

By Kyriacos Nicolaou

Cyprus Business News

Saturday 21 June | 09:00 Daily wrap-up

Cyprus Business Now: GDP forecast, Finance Minister, CSE privatisation, CySEC

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

By Kyriacos Nicolaou

Friday 20 June | 16:24

CySEC adopts new ESMA crypto rules under MiCA framework

The Cyprus Securities and Exchange Commission (CySEC) on Friday officially adopted a series of guidelines issued by the European Securities and Markets Authority (ESMA) concerning crypto-asset service providers (CASPs) operating ...

By Kyriacos Nicolaou

Friday 20 June | 13:43

Cyprus trims 2025 GDP growth forecast to 3.1 per cent

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

By Kyriacos Nicolaou

Friday 20 June | 13:01

Invest Cyprus hails new drone hub project by Indian company

Invest Cyprus on Friday issued a statement welcoming the decision by India’s Drone Destination to establish its European subsidiary in Cyprus. The agency, tasked with driving investment to the ...

By Kyriacos Nicolaou

Friday 20 June | 12:19

Finance Minister urges EU to boost competitiveness, defence

Finance Minister Makis Keravnos on Friday called for urgent action to boost European competitiveness and reinforce the EU’s common defence as he arrived at the Economic and Financial Affairs ...

By Kyriacos Nicolaou

Friday 20 June | 11:40

Petrolina progresses ExxonMobil Cyprus deal, awaits competition approval

Petrolina (Holdings) Public Limited this week approved a final dividend of 2 cents per share at its 25th annual general meeting of shareholders. The decision came as the company reported a ...

By Kyriacos Nicolaou

Friday 20 June | 11:18

Logicom approves 10 cent dividend, key board changes

Logicom Public Ltd on Friday announced the approval of a dividend payment of 10 cents per share, representing 29.4 per cent of the nominal share value, following decisions taken at its annual ...

By Kyriacos Nicolaou

Banking and Finance

Friday 20 June | 13:43

Cyprus trims 2025 GDP growth forecast to 3.1 per cent

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

By Kyriacos Nicolaou

Friday 20 June | 10:07

Cyprus moves forward with stock exchange privatisation bill

The draft bill for the privatisation of the Cyprus Stock Exchange (CSE) was submitted to the House of Representatives on Thursday, paving the way for the selection of a strategic ...

By Kyriacos Nicolaou

Friday 20 June | 07:30

Cyprus Business Now: film production, Eurobank, property, cybersecurity

What began as a personal move soon evolved into a bold strategic decision. In an interview with Cyprus Mail, Matt Murphie, founder and investor of Copper Island, the international film ...

By Souzana Psara

Thursday 19 June | 20:56

Govt launches platform for 2013 bail-in compensation claims

Thursday 19 June | 17:10

Cyprus central bank launches programme to train financial educators

Thursday 19 June | 15:12

CBC hails progress in Moneyval’s latest anti-money laundering report

Shipping

Thursday 19 June | 10:58

Maritime leaders call for fair treatment of detained seafarers

By Souzana Psara

Tuesday 17 June | 10:13

Digital platforms gain traction among shipowners

By Souzana Psara

Friday 13 June | 16:00

Cyprus backs international coordination at Athens shipping summit

By Souzana Psara

Friday 13 June | 08:54

Leadership shift at ICS as Kazakos takes helm

By Souzana Psara

Thursday 12 June | 20:00

President hails Cyprus’ maritime growth, invites ICS to Cyprus for 2026

By Kyriacos Nicolaou

Thursday 12 June | 14:03 Tourism

Cruise tourism key to Cyprus’ economic revival, says Limassol terminal operator

By Kyriacos Nicolaou

Startups and Innovation

Saturday 21 June | 08:00

Cyprus launches first quantum-secure communication network

Cyprus has deployed its first quantum communication network, led by scientists from the Cyprus University of Technology (CUT) as part of the Cyprus Quantum Communication Infrastructure (CYQCI) project. According to ...

By Souzana Psara

Friday 20 June | 08:00 Startups

Cyprus-linked startup Bitloops closes €1m pre-seed funding round

Bitloops, a startup with team members in both Cyprus and Greece, has secured €1 million in pre-seed funding to advance its AI-powered development platform designed for professional frontend engineers. According to ...

By Kyriacos Nicolaou

Friday 20 June | 06:00

KPMG investor day opens doors for Cypriot startups

Two teams participating in the Investor Day of the KPMG Startup Innovation Lab (SIL) have secured direct entry into Phase B of the 16th NBG Business Seeds Competition. The National ...

By Kyriacos Nicolaou

Monday 16 June | 12:15

Cyprus rolls out €10 million plan to commercialise innovation

The Research and Innovation Foundation (RIF) has launched a new €10 million funding scheme to help Cypriot companies turn innovative ideas into high-value products and services. Known as STEP (setting up ...

By Souzana Psara

Monday 16 June | 08:00 ICT

Cyprus urged to invest in SME cybersecurity

The Cyprus Mail recently sat down with Andrey Leskin, CTO of Czech firm Qrator Labs, which also has a presence in Limassol, who delved into the cybersecurity risks confronting Europe’...

By Kyriacos Nicolaou

Tourism

Friday 20 June | 11:07

Rodon hotel parent company approves dividend, board changes

Agros Progress Development Public Ltd, parent company of the Rodon hotel, held its annual general meeting (AGM) on Thursday, during which shareholders approved a dividend distribution and made several changes ...

By Kyriacos Nicolaou

Wednesday 18 June | 11:40

New viewing point opens in Pissouri to boost tourism

The Limassol regional tourism board (Etal) this week inaugurated a new viewing in Pissouri, according to an official announcement. The board explained that the new viewing point, located in the ...

By Kyriacos Nicolaou

Tuesday 17 June | 13:25

Cyprus hotel firm cautious on full-year results

Constantinou Bros Hotels, a hotel management company that owns and operates a group of luxury hotels in Cyprus, on Tuesday issued an interim profits forewarning for the first half of 2025. ...

By Kyriacos Nicolaou

Property

Thursday 19 June | 13:32

Cyprus real estate chief alarmed by illegal property sales in north

Cyprus Real Estate Agents Registration Council president Marinos Kineyirou on Thursday raised concerns over illegal real estate activity involving Greek Cypriot properties in the Turkish-occupied north. He stressed that illegal ...

By Kyriacos Nicolaou

Thursday 19 June | 12:25

Cyprus building permits tumble in February

The number of building permits authorised in Cyprus dropped by 20.4 per cent in February, when compared to the same month in 2024, the state stastical service reported on Thursday. The report ...

By Kyriacos Nicolaou

Wednesday 18 June | 12:32

Cyprus building material prices rise from last year

Construction material prices in Cyprus have edged up from last year, despite a monthly dip in May, according to a report from the state statistical service. Specifically, the Construction Materials ...

By Kyriacos Nicolaou

Wednesday 18 June | 10:27

Limassol real estate market 2025: the 10 largest transactions

Using the analytical tools and Price Index of DEMOS GEORGIOU & ASSOCIATES, Life Realty presents the 10 highest-value real estate transactions for 2025.These sales account for a total value of €93,004,856. The ...

By Press Release

Energy

Friday 20 June | 11:40

Petrolina progresses ExxonMobil Cyprus deal, awaits competition approval

Petrolina (Holdings) Public Limited this week approved a final dividend of 2 cents per share at its 25th annual general meeting of shareholders. The decision came as the company reported a ...

By Kyriacos Nicolaou

Friday 20 June | 08:27

Cera gives green light for electricity storage facilities

The energy regulatory authority (Cera) has approved in principle an application from the Cyprus Transmission System Operator (TSO) to develop energy storage systems, it emerged on Friday. The request was ...

By Jean Christou

Wednesday 18 June | 14:04

Oil falls after 4 per cent surge on Middle East tension fears

Oil prices fell on Wednesday, after a gain of 4 per cent in the previous session, as markets weighed up the chance of supply disruptions from the Iran-Israel conflict and as ...

By Reuters News Service

Tuesday 17 June | 21:42

Investors turn cautious as Middle East conflict intensifies and G7 talks stall

Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening ...

By Reuters News Service

Cryptocurrencies

Friday 20 June | 18:40

SEC delays decision on Franklin Templeton’s Ethereum ETF proposal — Interest in Mutuum Finance (MUTM) grows

By CM Guest Columnist

Friday 20 June | 18:10

PumpFun scrutiny grows after X Suspension — Investors shift toward Mutuum Finance (MUTM)

Friday 20 June | 16:30

Davis Commodities enters Crypto with $30M — could Mutuum Finance (MUTM) be a strategic buy?

Friday 20 June | 16:24

CySEC adopts new ESMA crypto rules under MiCA framework

Thursday 19 June | 18:40

Pepe (PEPE) could drop 30% as whales exit; Here is the new Crypto saving portfolios

Thursday 19 June | 18:10

Ripple and SEC seek to end XRP dispute but this cheap Crypto coin will still beat XRP to $5

Thursday 19 June | 16:30

Cardano (ADA) stagnates around $0.62 as Mutuum Finance (MUTM) emerges as best Crypto to invest in

Cyprus 4.0

Thursday 29 May | 13:45

Vizus Group: Where vision becomes value

Vizus Group has been transforming the island’s real estate landscape over the past few years. With successful and innovative projects such as Parkside Residence, Hortensia, Urban City, and Malibu, ...

By CM Guest Columnist

Thursday 29 May | 11:00

Experience the future of workplace excellence at Neocleous Tower

Neocleous Tower is a groundbreaking commercial development in central Limassol inviting corporations to discover the next generation of upscale workplace environments. Redefining the work lifestyle model, the tower is also ...

By CM Guest Columnist

Wednesday 28 May | 13:45

Limassol Greens: perfectly balanced lifestyle

A new kind of destination is taking shape on the sun-washed western edge of Limassol, where open landscapes meet the energy of a growing city. It is a place as ...

By CM Guest Columnist

Wednesday 28 May | 11:00

Tor Properties: Shaping the future of sustainable living and working in Limassol

Tor Properties is a leading real estate developer in Limassol, known for its distinct commercial and residential projects. Our designs are environmentally conscious and focus heavily on sustainability, building for ...

By CM Guest Columnist

Tuesday 27 May | 13:45

Korantina Homes: defining premium real estate in Cyprus

With over three decades of experience, Korantina Homes has become synonymous with premium real estate development in Cyprus, delivering award-winning projects that combine elegance, functionality and a deep respect for ...

By CM Guest Columnist

Tuesday 27 May | 09:35

Built to live in, not just to visit: Mike Ivanov on what sets Sunrock apart

Set in the green hillsides of Germasogeia, Limassol, Sunrock is not just another high-end development targeting overseas buyers.Instead, it’s been designed from the ground up for year-round living, ...

By Souzana Psara

Search

About Us

Business & Finance

Cyprus launches first quantum-secure communication network

Cyprus trims 2025 GDP growth forecast to 3.1 per cent

Cyprus launches first quantum-secure communication network

Cyprus Business Now: GDP forecast, Finance Minister, CSE privatisation, CySEC

Cyprus trims 2025 GDP growth forecast to 3.1 per cent

OpenAI wins $200 million US defense contract

Volvo Group, Daimler look to technology joint venture in bid to save costs

Finance Minister urges EU to boost competitiveness, defence

Cyprus Business News

Cyprus Business Now: GDP forecast, Finance Minister, CSE privatisation, CySEC

CySEC adopts new ESMA crypto rules under MiCA framework

Cyprus trims 2025 GDP growth forecast to 3.1 per cent

Invest Cyprus hails new drone hub project by Indian company

Finance Minister urges EU to boost competitiveness, defence

Petrolina progresses ExxonMobil Cyprus deal, awaits competition approval

Logicom approves 10 cent dividend, key board changes

Banking and Finance

Cyprus trims 2025 GDP growth forecast to 3.1 per cent

Cyprus moves forward with stock exchange privatisation bill

Cyprus Business Now: film production, Eurobank, property, cybersecurity

Govt launches platform for 2013 bail-in compensation claims

Cyprus central bank launches programme to train financial educators

CBC hails progress in Moneyval’s latest anti-money laundering report

Shipping

Maritime leaders call for fair treatment of detained seafarers

Digital platforms gain traction among shipowners

Cyprus backs international coordination at Athens shipping summit

Leadership shift at ICS as Kazakos takes helm

President hails Cyprus’ maritime growth, invites ICS to Cyprus for 2026

Cruise tourism key to Cyprus’ economic revival, says Limassol terminal operator

Startups and Innovation

Cyprus launches first quantum-secure communication network

Cyprus-linked startup Bitloops closes €1m pre-seed funding round

KPMG investor day opens doors for Cypriot startups

Cyprus rolls out €10 million plan to commercialise innovation

Cyprus urged to invest in SME cybersecurity

Tourism

Rodon hotel parent company approves dividend, board changes

New viewing point opens in Pissouri to boost tourism

Cyprus hotel firm cautious on full-year results

Property

Cyprus real estate chief alarmed by illegal property sales in north

Cyprus building permits tumble in February

Cyprus building material prices rise from last year

Limassol real estate market 2025: the 10 largest transactions

Energy

Petrolina progresses ExxonMobil Cyprus deal, awaits competition approval

Cera gives green light for electricity storage facilities

Oil falls after 4 per cent surge on Middle East tension fears

Investors turn cautious as Middle East conflict intensifies and G7 talks stall

Cryptocurrencies

SEC delays decision on Franklin Templeton’s Ethereum ETF proposal — Interest in Mutuum Finance (MUTM) grows

PumpFun scrutiny grows after X Suspension — Investors shift toward Mutuum Finance (MUTM)

Davis Commodities enters Crypto with $30M — could Mutuum Finance (MUTM) be a strategic buy?

CySEC adopts new ESMA crypto rules under MiCA framework

Pepe (PEPE) could drop 30% as whales exit; Here is the new Crypto saving portfolios

Ripple and SEC seek to end XRP dispute but this cheap Crypto coin will still beat XRP to $5

Cardano (ADA) stagnates around $0.62 as Mutuum Finance (MUTM) emerges as best Crypto to invest in

Cyprus 4.0

Vizus Group: Where vision becomes value

Experience the future of workplace excellence at Neocleous Tower

Limassol Greens: perfectly balanced lifestyle

Tor Properties: Shaping the future of sustainable living and working in Limassol

Korantina Homes: defining premium real estate in Cyprus

Built to live in, not just to visit: Mike Ivanov on what sets Sunrock apart