Gas deal with Egypt marks turning point
With Cyprus’ energy policy entering a decisive phase, Energy Minister Michalis Damianos in an interview with the Cyprus Mail laid out a strategy that hinges on a delicate balance, pushing ...
Russia sees WeChat, Douyin as models for its homegrown Max messenger
Russia sees Chinese tech giant Tencent’s (0700.HK) WeChat messaging app and TikTok sister app Douyin as models for developing its own struggling Max messaging app, Vladimir Kiriyenko, CEO of ...
Gas deal with Egypt marks turning point
With Cyprus’ energy policy entering a decisive phase, Energy Minister Michalis Damianos in an interview with the Cyprus Mail laid out a strategy that hinges on a delicate balance, pushing ...
Russia sees WeChat, Douyin as models for its homegrown Max messenger
Russia sees Chinese tech giant Tencent’s (0700.HK) WeChat messaging app and TikTok sister app Douyin as models for developing its own struggling Max messaging app, Vladimir Kiriyenko, CEO of ...
UK new car registrations see best March performance since 2019
Britain’s new car registrations in March grew nearly 7 per cent year-on-year, the best performance for the key sales month since 2019, driven largely by orders placed before the Iran crisis ...
Anthropic touts AI cybersecurity project with Big Tech partners
Anthropic recently announced an initiative with major technology companies, including Amazon.com (AMZN.O), Microsoft (MSFT.O) and Apple (AAPL.O), that lets partners preview an advanced model with cybersecurity ...
Cyprus studios join global push to reshape gaming industry
Five game development studios, including Cyprus-based companies in Limassol and Nicosia, have announced the creation of Nova Assembly, a developer-led holding aimed at reshaping the global gaming industry.
The initiative ...
Cyprus Business Now: real estate, gaming, travel, deficit, industrial prices
Cyprus recorded a current account deficit of €0.8 billion in the fourth quarter of 2025, according to Eurostat, reflecting a deterioration compared with the previous quarter.
Figures released this week showed that ...
Ministry confirms maturation date for Cyprus treasury bills
The Finance Ministry’s public debt management office has announced that treasury bills under issue TB13A26 will mature on April 24, 2026.
The ministry confirmed that the last day of trading ...
Cyprus studios join global push to reshape gaming industry
Five game development studios, including Cyprus-based companies in Limassol and Nicosia, have announced the creation of Nova Assembly, a developer-led holding aimed at reshaping the global gaming industry.
The initiative ...
Freedom24 sets out European expansion plans in Astana
Freedom24 Executive Director Evgenii Tiapkin on Thursday, April 9, presented the company’s European strategy and platform development on the main stage at the Freedom Inside event in Astana.
The session ...
Cyprus economy can overcome crises through collective effort, says chamber head
Cyprus can navigate its current economic hardships through the same collective effort that has defined its past recoveries, the head of the country’s largest business group said in an ...
Young people in Cyprus record highest social network usage in EU
Young people in Cyprus recorded the highest social network usage in the EU, with 98.3 per cent of those aged 16 to 29 reporting active use, according to a report from Eurostat.
The ...
Cyprus Easter travel demand remains steady despite regional conflict
Cypriot demand for Easter travel is holding at moderate but satisfactory levels this year, with bookings slowing in recent weeks as regional developments weigh on sentiment, according to the Association ...
Indirect risks from regional conflict pose threat to EU banks, agency warns
European Union banks’ direct exposure to the Middle East remains limited, with risks from the conflict more likely to emerge through indirect channels such as inflation, tighter financial conditions and ...
9 in 10 loans at credit-acquiring firms are non-performing, CBC reports
The Central Bank of Cyprus (CBC) on Thursday reported that total loan balances held by credit-acquiring companies reached €19.35 billion at the end of 2025, with the vast majority classified as non-performing.
...
Alpha Bank CEO calls for banks to act as partners towards new economic model
Cyprus economy resilient despite Middle East tensions, says analyst
Digital banking in Cyprus is the new normal
Greek neobank scales operations following successful launch
Paymentology, the global leader in issuer-processing, is spearheading a major expansion for Snappi as the Greek digital bank transitions from its market debut into a high-growth phase focused on product ...
RIF director hails momentum of Cyprus startup scene at accelerator launch
Cyprus is preparing to accelerate its startup ecosystem with the launch of the Plug and Play accelerator programme, a three-year initiative designed to support early-stage companies, connect them with global ...
Tototheo backs launch of Cyprus startup accelerator
Maritime technology firm Tototheo Global on Wednesday announced its participation as a corporate anchor in a new initiative led by Plug and Play Tech Centre, marking the launch of the ...
Invest Cyprus CEO calls Plug and Play launch move of strategic importance
Invest Cyprus has welcomed the official launch of the Plug and Play Tech Centre in Cyprus, describing it as a development that opens a new chapter for the country’s ...
Tourism
Cyprus tourism at ‘critical juncture’ — signs point to May also being ‘lost’
The Cyprus Chamber of Commerce and Industry’s (Keve) tourism committee on Thursday warned that Cyprus’ tourism sector is at a critical juncture, calling for immediate state intervention to prevent ...
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Cyprus tourism focuses on May recovery — UK market losses lower than expected
Cyprus has intensified its international tourism outreach as Deputy Tourism Minister Kostas Koumis held a series of high-level contacts in key tourism markets abroad, including a working visit to the ...
Cyprus property sales jump 18 per cent in March as market momentum builds
Cyprus property sales accelerated in March, with transactions jumping 18 per cent year-on-year to 1,761, up from 1,491 in the same month of 2025.
According to the Department of Lands and Surveys, this growth ...
IMR/University of Nicosia research: BuySell leads with market share of up to 81.6%
IMR/University of Nicosia, with extensive expertise in research development within the real-estate sector, conducted a new comparative analysis highlighting the role and importance of online property listing platforms in ...
Real estate
Rising Cyprus rental costs outpace EU average despite stable house prices
House prices in Cyprus remained stable on a quarterly basis in the fourth quarter of 2025, even as prices continued to rise across most of the European Union, according to Eurostat.
...
Cyprus house prices rise 6 per cent in final quarter of 2025
Cyprus’ house prices rose at a faster annual pace in the fourth quarter of 2025, although they were flat compared with the previous quarter, preliminary figures from the state statistical service (...
Egypt to buy all Aphrodite gas output from Cyprus
Egypt has agreed to buy all the output of the Aphrodite gas reservoir in Cyprus’ exclusive economic zone once the field starts production, international media reported on Thursday.
According to ...
President returns solar surplus compensation law back to parliament
A law requiring compensation for surplus electricity generated by photovoltaic systems has been referred back to parliament on Thursday by President Nikos Christodoulides.
The decision was taken following the law’...
East Med can lead in regional climate action, energy minister says
Energy Minister Michael Damianos on Thursday said the Eastern Mediterranean can play “a leading role in addressing the climate crisis and shaping the new energy landscape in the region”.
The ...
Cyprus targets LNG and renewables to cut energy costs
Cyprus is entering a phase of full energy transition, with the government prioritising independence from imported fossil fuels as the “only realistic option” for economic stability, Energy Minister Michalis Damianos ...
Innovation from Cyprus to the world
Cyprus is emerging as one of Europe’s fastest-growing innovation hubs. Startups founded on the island are building global products, attracting international investment and expanding into markets far beyond the ...
AI in shipping: from automation to strategic integration
Artificial intelligence is becoming more deeply embedded in both boardroom strategy and daily operations across shipping, and Island Oil Holdings chief technology officer Gregoris Gregoriou believes its real value lies ...
AI adoption forces Cyprus firms to confront ethics
As artificial intelligence becomes ubiquitous in the commercial life of Cyprus, businesses are beginning to confront the ethical questions that accompany its rapid adoption.
Firms that at once embraced it ...
Turning plastic waste into circular opportunity
As Cyprus strengthens its position as a regional hub for innovation and sustainability, companies working on real industrial solutions are becoming increasingly important to the island’s future. Among them ...
