Business & Finance

Sunday 16 August | 10:00

Global tablet market drops 10 per cent as component shortages bite

Global tablet shipments fell by 10 per cent year on year to 36 million units in the second quarter of 2026, marking an expected downturn for the industry, according to the latest research ...

By Kyriacos Nicolaou

Sunday 16 August | 09:00

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting August 10: Cyprus’ airports are handling around 50,000 passengers and 325 flights every day at the height of the summer season, ...

By Souzana Psara

Sunday 16 August | 10:00

Global tablet market drops 10 per cent as component shortages bite

Global tablet shipments fell by 10 per cent year on year to 36 million units in the second quarter of 2026, marking an expected downturn for the industry, according to the latest research ...

By Kyriacos Nicolaou

Sunday 16 August | 08:00

Energy costs drive inflation in euro area as supply shocks dominate demand

The recent surge in euro area inflation is predominantly driven by energy supply shocks rather than buoyant consumer demand, according to a European Central Bank (ECB) study. Writing in an ...

By Kyriacos Nicolaou

Sunday 16 August | 09:00

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting August 10: Cyprus’ airports are handling around 50,000 passengers and 325 flights every day at the height of the summer season, ...

By Souzana Psara

Sunday 16 August | 07:30

From chatbots to co-workers: why companies struggle to capture the value

The leaders are pulling away on cost, on growth, on margin. The gap is not a technology gap, it is an operating-model gap. Three failures explain the gap, and the ...

By CM Guest Columnist

Saturday 15 August | 09:00

Euro area trade surplus widens to €8.60 billion in June

The euro area recorded an €8.60 billion surplus in trade in goods with the rest of the world in June 2026, according to first estimates published by Eurostat on Friday. The surplus ...

By Kyriacos Nicolaou

image Cyprus outpaces Eurozone, EU and US with robust second quarter growth

Saturday 15 August | 08:00

Economy

Cyprus outpaces Eurozone, EU and US with robust second quarter growth

Cyprus recorded 3.3 per cent annual economic growth in the second quarter of 2026, significantly outperforming the euro area and EU, according to Eurostat and preliminary data from the Statistical Service. The ...

By Kyriacos Nicolaou

Cyprus Business News

Sunday 16 August | 09:00

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting August 10: Cyprus’ airports are handling around 50,000 passengers and 325 flights every day at the height of the summer season, ...

By Souzana Psara

Sunday 16 August | 07:30

From chatbots to co-workers: why companies struggle to capture the value

The leaders are pulling away on cost, on growth, on margin. The gap is not a technology gap, it is an operating-model gap. Three failures explain the gap, and the ...

By CM Guest Columnist

Saturday 15 August | 08:00

Economy

Cyprus outpaces Eurozone, EU and US with robust second quarter growth

Cyprus recorded 3.3 per cent annual economic growth in the second quarter of 2026, significantly outperforming the euro area and EU, according to Eurostat and preliminary data from the Statistical Service. The ...

By Kyriacos Nicolaou

image Cyprus GDP grows 3.3 per cent in second quarter, outpacing eurozone average

Friday 14 August | 16:26

Economy

Cyprus GDP grows 3.3 per cent in second quarter, outpacing eurozone average

President and Finance Minister welcome the latest figures, highlighting prudent government policy Cyprus recorded 3.3 per cent annual economic growth in the second quarter of 2026, more than three times the eurozone ...

By Kyriacos Nicolaou

Friday 14 August | 16:18

Cyprus investment funds grow assets to €8.37 billion in June

The number of investment funds operating in Cyprus rose to 353 in June 2026, while their total assets increased by 2.5 per cent to €8.37 billion, according to a report released by the Central ...

By Kyriacos Nicolaou

Friday 14 August | 13:30

From Famagusta roots to AI’s top table, Hassabis calls for a global watchdog

Sir Demis Hassabis, the son of a Greek Cypriot father from Famagusta, is using his move away from the day-to-day running of Google DeepMind to press for independent oversight of ...

By Souzana Psara

Friday 14 August | 09:02

Strong Cyprus performance supports upgraded targets for major Greek banks

Greek banking groups with operations in Cyprus delivered stronger-than-expected second-quarter results, with faster lending growth, resilient interest income and rising fee revenue prompting analysts to remain upbeat about the sector’...

By Kyriacos Nicolaou

Friday 14 August | 08:30

EU recycling rules reach Cyprus’ booming used-car market

New European Union rules covering the design, production and disposal of vehicles entered into force this week, setting binding recycled-plastic targets and tightening controls on the export of used cars. ...

By Souzana Psara

Friday 14 August | 08:00

Cyprus wants AI and fintech. Can its workforce keep up?

Cyprus has spent years trying to turn itself into a technology hub, attracting fintech firms, software companies, gaming, startups and, increasingly, businesses built around artificial intelligence. By several measures, it ...

By Souzana Psara

Friday 14 August | 07:30

Cyprus Business Now: Paralimni, fuel prices, banks, CSE, Demetra

Paralimni’s central core is a step closer to a major overhaul after the municipality secured planning permission for a redevelopment designed to reshape the heart of the town and ...

By Souzana Psara

Thursday 13 August | 15:53

Tourism

Cyprus turns to artificial intelligence to upgrade tourism services

Cyprus is looking to make artificial intelligence a central part of its tourism strategy, with Tourism Deputy Minister Kostas Koumis and Chief Scientist for Research, Innovation and Technology Demetris Skourides ...

By Kyriacos Nicolaou

Thursday 13 August | 13:31

Mitsides Public Company pays €410,000 final dividend

Mitsides Public Company Limited completed the payment of a €410,000 final dividend to eligible shareholders on August 13, 2026, according to an announcement released on Thursday. This follows an initial market announcement made ...

By Kyriacos Nicolaou

Thursday 13 August | 13:25

Consumers association questions justification behind Cyprus fuel price rises

The cost of filling a 1,000-litre heating oil tank in Cyprus has risen by almost €500 since March, prompting fresh questions over whether retail fuel prices are being properly monitored. The ...

By Souzana Psara

Banking and Finance

Friday 14 August | 16:18

Cyprus investment funds grow assets to €8.37 billion in June

The number of investment funds operating in Cyprus rose to 353 in June 2026, while their total assets increased by 2.5 per cent to €8.37 billion, according to a report released by the Central ...

By Kyriacos Nicolaou

Friday 14 August | 09:30

European banks maintain stable climate risk exposure, EBA finds

Climate-related risks across EU and European Economic Area (EEA) banks remained broadly stable during the second half of 2025, while the availability and quality of climate data continued to improve, according ...

By Kyriacos Nicolaou

Friday 14 August | 09:02

Strong Cyprus performance supports upgraded targets for major Greek banks

Greek banking groups with operations in Cyprus delivered stronger-than-expected second-quarter results, with faster lending growth, resilient interest income and rising fee revenue prompting analysts to remain upbeat about the sector’...

By Kyriacos Nicolaou

Thursday 13 August | 13:21 Banking

Cyprus bank asset quality outperforms EU average as NPL ratio holds steady

Thursday 13 August | 11:07

Central Bank of Cyprus extends deadline for collector coin tender

Thursday 13 August | 09:02

Europe must overcome banking fragmentation, says Eurogroup president

Shipping

Friday 14 August | 17:32

Seafarers pushed from crisis to crisis as geopolitics targets global shipping

By Souzana Psara

Wednesday 12 August | 13:33

IMO chief condemns deadly Tihamah attack in Red Sea

By Souzana Psara

Tuesday 11 August | 16:22

More than half of Hormuz tanker routes remain a mystery

By Souzana Psara

Tuesday 11 August | 12:01

Strait of Hormuz shipping traffic drops to six vessels amid fading peace hopes

By Reuters News Service

Monday 10 August | 10:55

Cyprus shipping firms await crucial IMO decision on global carbon pricing

By Souzana Psara

Friday 07 August | 08:21

Fairer EU ETS must return more revenue to shipping, executive says

By Souzana Psara

Startups and Innovation

Thursday 13 August | 15:53 Tourism

Cyprus turns to artificial intelligence to upgrade tourism services

Cyprus is looking to make artificial intelligence a central part of its tourism strategy, with Tourism Deputy Minister Kostas Koumis and Chief Scientist for Research, Innovation and Technology Demetris Skourides ...

By Kyriacos Nicolaou

Tuesday 11 August | 13:30

Startups

How Cyprus startups can win attention from global media

PR expert sees untapped potential in Cyprus innovation scene Cyprus’ startup and investment scene is expanding rapidly, but founders still face the challenge of making their businesses visible beyond the ...

By Kyriacos Nicolaou

Tuesday 11 August | 13:00

Small island, global science as Cyprus biotech pioneer wins top award

Cyprus-based biotech innovator Marianna Prokopi-Demetriades has been named the 2026 Study UK Alumni Awards global winner for Business and Innovation, becoming one of only four people worldwide to receive the British ...

By Souzana Psara

Friday 07 August | 13:37

Cyprus nearly doubles R&D funding over the past decade

Cyprus allocated approximately €112 million to research and development (R&D) in 2025, almost doubling government funding over the past decade despite a decline from the previous year, according to figures ...

By Kyriacos Nicolaou

Thursday 06 August | 15:33

Cabinet names board for new Cyprus business development organisation

Cyprus sets up national business development body to drive SME growth The Cabinet on Wednesday brought into force the law establishing the Cyprus Business Development Organisation and appointed the new ...

By Kyriacos Nicolaou

Tourism

Sunday 16 August | 06:30

Almost a third of parents struggle with airport checks, survey shows

Approximately 30 per cent of adults struggle with a lack of child-friendly support at airports, according to research from British insurance comparison site Tiger, who issued advice to help parents navigate ...

By Kyriacos Nicolaou

Thursday 13 August | 19:03

Restaurants busy despite cautious spending

Restaurants, cafes and bars are buzzing with business this August, although customers – Cypriots and foreigners alike – are cautious with their spending, industry sources said on Thursday. According to Neofytos Thrasyvoulou, ...

By Elias Hazou

Wednesday 12 August | 14:03

Surge in last-minute bookings lifts Famagusta hotel occupancy

Hotel occupancy in the Famagusta district is expected to reach between 80 and 85 per cent in August, as the tourism sector recovers from a difficult start to the season, according to ...

By Souzana Psara

Property

Wednesday 12 August | 14:44

Building permits surge but labour and red tape threaten growth

A sharp rise in building permits points to a stronger construction sector and a positive outlook for the wider Cypriot economy, according to the Cyprus employers and industrialists federation (Oev) ...

By Souzana Psara

Wednesday 12 August | 14:41

A new language of luxury living

Why boutique residences are becoming one of the most desirable ways to live — and how Visionnaire Residences brings this philosophy to life in Limassol. Boutique residences have always been a ...

By CM Guest Columnist

Wednesday 12 August | 11:02

Cyprus property surpasses 2,000 sales in July, €2.70 billion already transferred

Cyprus recorded 2,040 property sale contracts in July, the first month of 2026 to clear the 2,000 mark and an 11.4-per cent increase on the same month last year, according to analysis of ...

By Press Release

Monday 10 August | 12:40

Cyprus approves 2,915 building permits worth €1.67bn

Cyprus recorded a further increase in building activity in April 2026, with the state statistical service (Cystat) reporting that 639 building permits were authorised, up 10.7 per cent compared with the same month ...

By Souzana Psara

Energy

Sunday 16 August | 04:24

Expert calls for reality check on Great Sea Interconnector

‘I’m not against the project. I want it to make sense’ Amid the hype over the Great Sea Interconnector, following the entry of French asset management firm Meridiam, one ...

By Elias Hazou

Saturday 15 August | 07:30

Retail fuel prices surge across euro area after Middle East conflict

Retail fuel prices have surged across the euro area in 2026 following the outbreak of the conflict in the Middle East, driving up energy inflation and prompting fresh analysis from European ...

By Kyriacos Nicolaou

Thursday 13 August | 16:02

EU coal consumption reaches new record lows as phaseout accelerates

The share of coal in total EU electricity production fell to a historic low of 9.2 per cent in 2025, according to official data released by Eurostat on Thursday. The figures mark ...

By Kyriacos Nicolaou

Thursday 13 August | 13:25

Consumers association questions justification behind Cyprus fuel price rises

The cost of filling a 1,000-litre heating oil tank in Cyprus has risen by almost €500 since March, prompting fresh questions over whether retail fuel prices are being properly monitored. The ...

By Souzana Psara

Market spotlight

Thursday 13 August | 14:02

Neapolis University Pafos grows global presence via Magellan Exchange Network

By Press Release

Thursday 13 August | 12:27

Cyprus Cycling Federation head meets with Italy Ambassador to discuss closer sports ties

By Press Release

Wednesday 12 August | 11:02

Cyprus property surpasses 2,000 sales in July, €2.70 billion already transferred

By Press Release

Tuesday 11 August | 10:14

GSP salutes athletes who competed for Cyprus at World U20 champs

By Press Release

Tuesday 11 August | 09:55

Ayia Napa Marina presents open-air summer cinema experience, August 20-23

By Press Release

Cyprus 4.0

Thursday 09 July | 11:00

Cyprus real estate shifts toward a multi-speed regional model

Cyprus’ property market is evolving beyond a single national narrative, with regional differences, affordability pressures and changing buyer priorities increasingly defining its direction. At the same time, policymakers and industry ...

By Kyriacos Nicolaou

Wednesday 08 July | 15:30

Korantina Homes: Shaping the future of real estate in Cyprus

Cyprus’ real estate sector has entered a defining period. Demand is no longer shaped only by location, square metres or proximity to the sea. Today’s buyers, residents and investors ...

By CM Guest Columnist

Wednesday 08 July | 10:00

Limassol rises, but the city beneath still matters

Limassol has never been a city that stands still. Ships entering the port, families walking the seafront, traders opening their shops, children growing up around the old neighbourhoods, people leaving ...

By Souzana Psara

Tuesday 07 July | 15:30

Inside Neocleous Tower: A workplace designed around people

Standing outside Neocleous Tower, the first thing you notice is the space around it. The public square, which guides visitors to the building itself, is an increasingly rare feature in ...

By CM Guest Columnist

Tuesday 07 July | 12:00

Building beyond buildings and putting people first

Cyprus has built fast over the past decade. Towers have gone up, neighbourhoods have changed and real estate has become one of the island’s most visible growth stories. But ...

By Souzana Psara

image Leptos Group builds on six decades of growth and success

Monday 06 July | 15:00

Arthur Hayes predicts that the Federal Reserve’s yen program will drive up the price of Bitcoin, giving BTC holders the opportunity to earn $7,000

Wednesday 12 August | 06:30

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About Us

Business & Finance

Global tablet market drops 10 per cent as component shortages bite

Cyprus Business Now: weekly wrap-up

Global tablet market drops 10 per cent as component shortages bite

Energy costs drive inflation in euro area as supply shocks dominate demand

Cyprus Business Now: weekly wrap-up

From chatbots to co-workers: why companies struggle to capture the value

Euro area trade surplus widens to €8.60 billion in June

Cyprus outpaces Eurozone, EU and US with robust second quarter growth

Cyprus Business News

Cyprus Business Now: weekly wrap-up

From chatbots to co-workers: why companies struggle to capture the value

Cyprus outpaces Eurozone, EU and US with robust second quarter growth

Cyprus GDP grows 3.3 per cent in second quarter, outpacing eurozone average

Cyprus investment funds grow assets to €8.37 billion in June

From Famagusta roots to AI’s top table, Hassabis calls for a global watchdog

Strong Cyprus performance supports upgraded targets for major Greek banks

EU recycling rules reach Cyprus’ booming used-car market

Cyprus wants AI and fintech. Can its workforce keep up?

Cyprus Business Now: Paralimni, fuel prices, banks, CSE, Demetra

Cyprus turns to artificial intelligence to upgrade tourism services

Mitsides Public Company pays €410,000 final dividend

Consumers association questions justification behind Cyprus fuel price rises

Banking and Finance

Cyprus investment funds grow assets to €8.37 billion in June

European banks maintain stable climate risk exposure, EBA finds

Strong Cyprus performance supports upgraded targets for major Greek banks

Cyprus bank asset quality outperforms EU average as NPL ratio holds steady

Central Bank of Cyprus extends deadline for collector coin tender

Europe must overcome banking fragmentation, says Eurogroup president

Shipping

Seafarers pushed from crisis to crisis as geopolitics targets global shipping

IMO chief condemns deadly Tihamah attack in Red Sea

More than half of Hormuz tanker routes remain a mystery

Strait of Hormuz shipping traffic drops to six vessels amid fading peace hopes

Cyprus shipping firms await crucial IMO decision on global carbon pricing

Fairer EU ETS must return more revenue to shipping, executive says

Startups and Innovation

Cyprus turns to artificial intelligence to upgrade tourism services

How Cyprus startups can win attention from global media

Small island, global science as Cyprus biotech pioneer wins top award

Cyprus nearly doubles R&D funding over the past decade

Cabinet names board for new Cyprus business development organisation

Tourism

Almost a third of parents struggle with airport checks, survey shows

Restaurants busy despite cautious spending

Surge in last-minute bookings lifts Famagusta hotel occupancy

Property

Building permits surge but labour and red tape threaten growth

A new language of luxury living

Cyprus property surpasses 2,000 sales in July, €2.70 billion already transferred

Cyprus approves 2,915 building permits worth €1.67bn

Energy

Expert calls for reality check on Great Sea Interconnector

Retail fuel prices surge across euro area after Middle East conflict

EU coal consumption reaches new record lows as phaseout accelerates

Consumers association questions justification behind Cyprus fuel price rises

Market spotlight

Neapolis University Pafos grows global presence via Magellan Exchange Network

Cyprus Cycling Federation head meets with Italy Ambassador to discuss closer sports ties

Cyprus property surpasses 2,000 sales in July, €2.70 billion already transferred

GSP salutes athletes who competed for Cyprus at World U20 champs

Ayia Napa Marina presents open-air summer cinema experience, August 20-23

Cyprus 4.0

Cyprus real estate shifts toward a multi-speed regional model

Korantina Homes: Shaping the future of real estate in Cyprus

Limassol rises, but the city beneath still matters

Inside Neocleous Tower: A workplace designed around people

Building beyond buildings and putting people first

Leptos Group builds on six decades of growth and success

Cryptocurrencies

Crypto licensing in practice: What founders should understand before going regulated

CySEC-regulated Crypto.com launches tokenised stocks across the EEA

Arthur Hayes predicts that the Federal Reserve’s yen program will drive up the price of Bitcoin, giving BTC holders the opportunity to earn $7,000

eToro tops Q2 expectations, agrees to acquire TradeZero for up to $231 million

Cyprus financial regulator joins EU-wide review of crypto custody resilience

Trump’s “golden age” is inflicting billions of dollars in losses on American farmers

Will XRP price rise to $7 in the short term after Ripple unlocks $1 billion in escrow funds?