Cyprus investment fund assets edge up in December
The Central Bank of Cyprus (CBC) on Wednesday released the investment funds statistics for December 2025, showing a marginal rise in total assets despite a slight decline in the number of ...
Winter air traffic in Cyprus jumps 16 per cent as new routes expand
Air traffic at Larnaca and Paphos airports rose 16 per cent in the November-January winter period compared with the corresponding months of the previous year, according to Hermes Airports’ Director of ...
Cyprus investment fund assets edge up in December
The Central Bank of Cyprus (CBC) on Wednesday released the investment funds statistics for December 2025, showing a marginal rise in total assets despite a slight decline in the number of ...
Winter air traffic in Cyprus jumps 16 per cent as new routes expand
Air traffic at Larnaca and Paphos airports rose 16 per cent in the November-January winter period compared with the corresponding months of the previous year, according to Hermes Airports’ Director of ...
Banking
Cyprus NPL ratio falls below EU average for first time since 2014
The Central Bank of Cyprus (CBC) on Wednesday announced that the country’s banking sector non-performing loans ratio fell below the European Union average for the first time since 2014, according ...
Skills mismatch persists for young workers in Cyprus and wider EU
Cyprus is close to the EU average in how often young people work in jobs related to what they studied, pointing to a persistent skills mismatch across European labour markets, ...
Shipowners warn of ‘demanding phase’ for global maritime sector
Shipping is entering a demanding phase shaped by geopolitics, environmental regulation and uncertainty over future fuels, shipowners said at the 9th Annual Capital Link Cyprus Shipping Forum in Limassol.
In ...
Updated on
Bank of Cyprus reports €481m after-tax profit, record lending growth
The Bank of Cyprus (BoC) on Wednesday released its financial results for 2025, reporting a profit after tax of €481 million and increased lending activity.
Specifically, the bank achieved record new lending ...
Cyprus investment fund assets edge up in December
The Central Bank of Cyprus (CBC) on Wednesday released the investment funds statistics for December 2025, showing a marginal rise in total assets despite a slight decline in the number of ...
Demetra Holdings buys back another 6,200 of its own shares
Demetra Holdings Plc on Wednesday announced that it completed a buyback of its own shares on February 17, as part of its ongoing capital management strategy.
The company informed the investing ...
Family-owned firms in Cyprus encouraged to share their insights
The Cyprus Chamber of Commerce and Industry (Keve) has announced that KPMG International is conducting the Global Family Business Survey 2026, calling on Cypriot family-owned enterprises to take part.
The chamber ...
Skills mismatch persists for young workers in Cyprus and wider EU
Cyprus is close to the EU average in how often young people work in jobs related to what they studied, pointing to a persistent skills mismatch across European labour markets, ...
Winter air traffic in Cyprus jumps 16 per cent as new routes expand
Air traffic at Larnaca and Paphos airports rose 16 per cent in the November-January winter period compared with the corresponding months of the previous year, according to Hermes Airports’ Director of ...
Shipowners warn of ‘demanding phase’ for global maritime sector
Shipping is entering a demanding phase shaped by geopolitics, environmental regulation and uncertainty over future fuels, shipowners said at the 9th Annual Capital Link Cyprus Shipping Forum in Limassol.
In ...
Cyprus investment fund assets edge up in December
The Central Bank of Cyprus (CBC) on Wednesday released the investment funds statistics for December 2025, showing a marginal rise in total assets despite a slight decline in the number of ...
Banking
Cyprus NPL ratio falls below EU average for first time since 2014
The Central Bank of Cyprus (CBC) on Wednesday announced that the country’s banking sector non-performing loans ratio fell below the European Union average for the first time since 2014, according ...
Concentrated bank exposures raise stability concerns
CBC balance sheet reaches €29.5bn at end of January
Fraudsters target high-value credit transfers in Cyprus as losses double
Cyprus enterprises keep pace with EU shift to cloud services
Cyprus enterprises remained closely aligned with the European Union average in the use of paid cloud computing services during 2025, according to Eurostat.
Specifically, the figures show that 51.38 per cent of ...
Cyprus youth among top AI users as generative tools surge in 2025
Young people in Cyprus emerged as heavy users of generative artificial intelligence in 2025, with Eurostat data showing strong adoption among those aged 16 to 24 across the island.
According to the data, 76.5 ...
Cyprus to host high-level EU presidency forum on space and AI
The Cyprus Chamber of Commerce and Industry (Keve), in partnership with the Eratosthenes Centre of Excellence, will host a high-level forum on June 8, 2026, to explore the integration of space technology ...
European conference on rare diseases set for March in Cyprus
The European Conference on Advancement of Treatments for Rare Diseases will take place on March 5 and 6, 2026, at the Institute of Neurology and Genetics (INNG) in Cyprus, organisers have confirmed.
The ...
Government seeks to resolve 20-year hotel licensing deadlock
Cyprus has significantly increased the number of licensed hotels, with the share rising to around 45 per cent from just 5-6 per cent in 2023, Deputy Minister of Tourism Kostas Koumis told ...
Carnival weekend hotel bookings exceed expectations across Cyprus
Hotel bookings during the 3-day carnival weekend are encouraging and demand for the Green Monday holiday appears similarly strong, according to Cyprus Hotel Association (Pasyxe) director Christos Angelides.
Angelides told ...
Updated on
Government upgrades new student and affordable housing schemes
The interior ministry unveiled a comprehensive update to the government’s housing policy on Wednesday including a new plan to construct student accommodation and revisions to existing schemes aimed at ...
Cyprus developers back EU-wide push for affordable housing
Cyprus’ Real Estate Development Association pledged support for efforts to promote affordable housing at EU level during a meeting this week with Interior Minister Constantinos Ioannou.
According to the association’...
Cyprus new-build property market hits €2.5bn as apartment sales surge
Cyprus’ market for newly built residential property exceeded €2.5 billion in 2025, with apartments accounting for more than eight in ten transactions, according to a report from Landbank Analytics.
The firm, which ...
When is the principle of proportionality triggered?
The principle of proportionality is among the fundamental principles of modern public law and constitutes an integral element of the control of public power. Its operation, however, is neither unlimited ...
Petrolina and eWise Cyprus meet with Esso service station owners
In an event that marks a new, dynamic era for the Esso gas station network, the management of Petrolina (Holdings) Public Limited and its subsidiary, eWise Cyprus Ltd, discussed their ...
High electricity prices threaten EU green strategy, warns ECB
The European Central Bank (ECB) on Tuesday detailed how persistently high electricity prices are undermining the European Union’s central strategy for achieving net-zero emissions through widespread electrification.
The analysis ...
Cyprus achieves rare ‘decoupling’ of economic growth and emissions
Cyprus recorded a 5.2 per cent reduction in greenhouse gas emissions in the third quarter of 2025 compared with the second quarter of 2025, placing it among the EU countries that achieved notable ...
Energy
Cyta calls for ‘equal terms’ as it eyes move into energy sector
The board of directors and management of Cyta on Friday issued a statement clarifying the organisation’s position on proposed amendments to the law governing its operation and its planned ...
At the intersection of tech, communication and community: Artemis Pnevmatikou’s story
Her path was shaped less by long term plans and more by a curiosity that carried her across industries, until TechIsland offered a mission that immediately resonated with her.
As ...
Why Cyprus tech needs more women CEOs and board members
Eurostat data shows Cyprus has seen rapid growth in ICT employment over the past decade, with the strongest gains among women. A Cyprus Mail report, citing Eurostat, puts average annual ...
How Tanya Romanyukha is helping Cyprus think bigger about tech
Tanya Romanyukha, General Manager of TechIsland and Leader of the Women in Tech Cyprus chapter, has spent the past decade building and connecting tech communities across Ukraine, the US, Europe ...
Liudmila Marochkina on leading technology through systems, not code
Liudmila Marochkina did not come into technology through engineering. She now leads SPORTSOFT, the Cyprus-based IT company working with organisations navigating rapid digital change.
As CEO, she focuses less on ...
