Nicosia summit to link 30 Indian firms with Cyprus
The Cyprus Chamber of Commerce and Industry (Keve) will host a series of B2B engagements in Nicosia as part of the India-Cyprus Business & Investment Summit 2026, in collaboration with ...
UK economic growth shows repeated seasonal slump for fourth year
British economic growth data released this week showed a marked seasonal pattern for the fourth year in a row, adding to economists’ concerns about numbers from the Office for National ...
Nicosia summit to link 30 Indian firms with Cyprus
The Cyprus Chamber of Commerce and Industry (Keve) will host a series of B2B engagements in Nicosia as part of the India-Cyprus Business & Investment Summit 2026, in collaboration with ...
UK economic growth shows repeated seasonal slump for fourth year
British economic growth data released this week showed a marked seasonal pattern for the fourth year in a row, adding to economists’ concerns about numbers from the Office for National ...
Euro area posts €12.6bn trade surplus in December
Eurostat this week reported that the euro area balance in trade in goods posted a €12.6 billion surplus in December 2025, compared with a surplus of €13.9 billion in December 2024.
The first estimates ...
New digital tool allows comparison of prudential data across EU banks
The European Banking Authority (EBA) recently launched its Pillar 3 data hub, creating a single, harmonised digital platform that makes prudential information from all EEA institutions publicly accessible for the first ...
Eurozone services output dips as transport and storage sectors slide
Seasonally adjusted services production across the European Union experienced a contraction in November 2025, according to Eurostat.
This monthly decline of 0.5 per cent in the EU and 0.6 per cent in the ...
Nicosia summit to link 30 Indian firms with Cyprus
The Cyprus Chamber of Commerce and Industry (Keve) will host a series of B2B engagements in Nicosia as part of the India-Cyprus Business & Investment Summit 2026, in collaboration with ...
Cyprus Business Now: weekly wrap-up
Here are the top business stories in Cyprus from the week starting February 9 :
Shipping Deputy Minister Marina Hadjimanolis carried out a working visit to Athens and Alexandria between February 4 and 9, ...
Cyprus Business Now: tourism, CySEC, Finance Minister, economy, Cyta, GDP
Finance Minister Makis Keravnos on Friday said that Cyprus recorded economic growth of 4.5 per cent in the fourth quarter of 2025, confirming the resilience of the Cyprus economy despite external challenges.
“...
Eurozone services output dips as transport and storage sectors slide
Seasonally adjusted services production across the European Union experienced a contraction in November 2025, according to Eurostat.
This monthly decline of 0.5 per cent in the EU and 0.6 per cent in the ...
Economy
Keravnos hails resilience of Cyprus economy ahead of Ecofin meeting
Finance Minister Makis Keravnos on Friday said that Cyprus recorded economic growth of 4.5 per cent in the fourth quarter of 2025, confirming the resilience of the Cyprus economy despite external challenges.
“...
Tourism
Cyprus sets 5 million visitor target in new 2035 tourism strategy
Cyprus has approved a new National Tourism Strategy to 2035, targeting 5 million visitors while upgrading quality and ensuring development respects sustainable principles, Deputy Tourism Minister Kostas Koumis said on Friday after ...
Tourism
Cyprus tourism sector diversifies as UK share eases and Israel grows
Cyprus’ tourism sector achieved record-breaking arrivals and revenues in 2025, underscoring strong real income growth and improved market diversification, according to a analysis by Eurobank’s Konstantinos Vrachimis.
Total tourist arrivals ...
Banking authority targets climate risks with new guidelines
The European Banking Authority (EBA) has initiated a public consultation regarding draft amendments to its guidelines on systemic risk buffers specifically designed to mitigate climate change risks.
The revised framework ...
Cyprus employers say bank tax plans are ‘inconceivable’ and ‘punitive’
The Employers and Industrialists Federation (Oev) has issued a warning against renewed efforts to impose additional extraordinary taxes on bank profits, arguing that such measures would harm the economy and ...
Cyprus chamber of commerce opposes additional tax on banks
Eurobank highlights strong foundations for Cyprus economy in 2026
Cyprus bank rates move closer to eurozone averages
Cyprus-based game publisher backs Slavic-inspired adventure
Publisher Digital Vortex Entertainment, part of Utmost Games, has announced the acquisition of Bylina, an action-adventure title by Far Far Games, and released its first playable demo.
Utmost Games is ...
Chief scientist advances Cyprus role at EU-India forum
Chief Scientist Demetris Skourides participated in the EU-India Forum in New Delhi on February 6-7, in efforts to strengthen Cyprus’ positioning within the evolving EU-India Innovation and Technology Partnership.
Skourides ...
SOFTSWISS outlines in-house marketing strategy at TechIsland meetup
SOFTSWISS, a global technology provider of software solutions for the iGaming industry, took part in TechIsland’s seventh MarComms Community Meetup in Cyprus, where its chief marketing officer Valentina Bagniya ...
Limited data hides true scale of Cyprus tech gender gap
Cyprus is highlighted in a new EU-backed study examining the gender investment gap across Europe, particularly in deep tech, a category of innovation which, according to the report, is central ...
Tourism
Cyprus tourism sector diversifies as UK share eases and Israel grows
Cyprus’ tourism sector achieved record-breaking arrivals and revenues in 2025, underscoring strong real income growth and improved market diversification, according to a analysis by Eurobank’s Konstantinos Vrachimis.
Total tourist arrivals ...
Cyprus underestimates its untapped tourism wealth, says port chief
The cruise industry can become a key driver of growth for the Cypriot economy, provided it operates with sustainable practices and respect for the city, DP World Limassol CEO Simon ...
Cyprus building permits rise as residential sector booms
Building activity in Cyprus continued to strengthen in October 2025, according to data released on Friday by the state statistical service (Cystat).
A total of 855 building permits were authorised during the ...
Limassol and Strovolos to see 192 new affordable apartments
The Cyprus Land Development Organisation (Koag) is implementing 192 apartments under the affordable housing scheme, its president Elena Koushos Hadjidemetriou said at a press conference, outlining a wider expansion of the ...
Infrastructure resilience emerges as key driver of property value
Property market dynamics in Cyprus and internationally are increasingly shaped by infrastructure resilience, climate risk and affordability pressures, as new data released in January 2026 highlighted rising sales, widening cost gaps ...
Specific performance of a gift without consideration
Specific performance is one of the most powerful and intrusive remedies of equity, as it goes beyond monetary compensation and compels the actual fulfilment of a contractual obligation.
Its significance ...
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 ...
Cyprus outpaces EU average in shift towards energy efficiency
Cyprus has recorded a 23.2 per cent reduction in its net domestic energy use intensity over the last decade, according to Eurostat.
The figures show that the EU economy used 56.1 million ...
Industrial energy costs drop in December as prices continue downward trend
Industrial producer prices for energy in the domestic market across the European Union fell by 1.3 per cent in December 2025 compared with the previous month, according to Eurostat.
These figures represent ...
Oil prices fall as US-Iran nuclear talks ease supply fears
Oil prices fell more than 1 per cent on Monday as fears of a Middle East conflict eased after the US and Iran pledged to continue indirect talks about Tehran’s ...
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 ...
