Business & Finance

Wednesday 10 June | 06:30

Construction sector leads EU import-only enterprises

EU enterprises engaged in international goods trade remain heavily skewed towards import activity, with only a minority operating as balanced two-way traders, according to Eurostat. According to the latest data, 21.3 ...

By Kyriacos Nicolaou

Wednesday 10 June | 06:00

EU wind energy output rises as production hits €10.4 billion

Wind turbine production across the European Union has shown renewed growth after years of volatility, with output reaching its highest level in a decade in 2024, according to Eurostat. The statistics ...

By Kyriacos Nicolaou

Wednesday 10 June | 06:30

Construction sector leads EU import-only enterprises

EU enterprises engaged in international goods trade remain heavily skewed towards import activity, with only a minority operating as balanced two-way traders, according to Eurostat. According to the latest data, 21.3 ...

By Kyriacos Nicolaou

Wednesday 10 June | 10:10 Banking

Banking delegation showcases Cyprus economy in Brussels

A delegation from the Association of Cyprus Banks (ACB) spent the past two days in Brussels, where it presented the positive performance of the Cypriot economy and banking sector to ...

By Kyriacos Nicolaou

Wednesday 10 June | 06:00

EU wind energy output rises as production hits €10.4 billion

Wind turbine production across the European Union has shown renewed growth after years of volatility, with output reaching its highest level in a decade in 2024, according to Eurostat. The statistics ...

By Kyriacos Nicolaou

Wednesday 10 June | 07:30

Cyprus Business Now: banking, shipping, space, trade, Cyta, Ecofin, energy

The Cyprus Presidency of the Council of the EU advanced key transport and maritime files in Luxembourg on Monday, as ministers adopted conclusions on European shipping and ports, while also ...

By Souzana Psara

Tuesday 09 June | 19:13

Cyprus promotes regional energy cooperation in Washington

Energy Minister Michalis Damianos used his participation at the 10th Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) in Washington to stress that current geopolitical developments make it essential ...

By Kyriacos Nicolaou

Tuesday 09 June | 19:05

Cyprus finance minister to chair Ecofin meeting in Luxembourg

Finance Minister Makis Keravnos will travel to Luxembourg on Wednesday to participate in the upcoming Eurogroup meeting and chair the Ecofin Council the following day as part of Cyprus’ responsibilities ...

By Kyriacos Nicolaou

Cyprus Business News

Wednesday 10 June | 10:10

Banking

Banking delegation showcases Cyprus economy in Brussels

A delegation from the Association of Cyprus Banks (ACB) spent the past two days in Brussels, where it presented the positive performance of the Cypriot economy and banking sector to ...

By Kyriacos Nicolaou

Wednesday 10 June | 07:30

Cyprus Business Now: banking, shipping, space, trade, Cyta, Ecofin, energy

The Cyprus Presidency of the Council of the EU advanced key transport and maritime files in Luxembourg on Monday, as ministers adopted conclusions on European shipping and ports, while also ...

By Souzana Psara

Tuesday 09 June | 19:13

Cyprus promotes regional energy cooperation in Washington

Energy Minister Michalis Damianos used his participation at the 10th Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) in Washington to stress that current geopolitical developments make it essential ...

By Kyriacos Nicolaou

Tuesday 09 June | 19:05

Cyprus finance minister to chair Ecofin meeting in Luxembourg

Finance Minister Makis Keravnos will travel to Luxembourg on Wednesday to participate in the upcoming Eurogroup meeting and chair the Ecofin Council the following day as part of Cyprus’ responsibilities ...

By Kyriacos Nicolaou

Tuesday 09 June | 19:01

Demetra Holdings buys 16,310 own shares in latest transaction

Demetra Holdings Plc on Tuesday announced that it conducted a series of transactions on June 8, purchasing 16,310 own shares at a price of €1.65 per share. The repurchase of these shares was ...

By Kyriacos Nicolaou

Tuesday 09 June | 18:55

Eurobank confirms €258.7 million dividend distribution

Greek lender Eurobank has announced details regarding the distribution of its dividend for the 2025 financial year, following approval by shareholders at the bank’s annual general meeting held on April 28, 2026. ...

By Kyriacos Nicolaou

Tuesday 09 June | 16:43

Cyta hosts forum on responsible governance in Cyprus

Telecommunications provider Cyta on Tuesday held a conference in Nicosia on responsible governance, bringing together representatives from the state, the business community, organisations and the media to discuss the role ...

By Kyriacos Nicolaou

Tuesday 09 June | 15:15

NBG Cyprus strengthens leadership team with new appointment

The National Bank of Greece (Cyprus) on Tuesday announced the appointment of Nicolas Prentzas as general manager and chief operations officer, strengthening its management team in Cyprus as part of ...

By Kyriacos Nicolaou

Tuesday 09 June | 15:06

Cyprus trade deficit widens as exports fall in early 2026

Cyprus’ trade deficit widened during the first four months of 2026, according to figures released by the Cyprus Statistical Service (Cystat), as imports increased and exports declined compared with the same ...

By Kyriacos Nicolaou

Tuesday 09 June | 15:01

Hybrid cars dominate Cyprus market as EV share rises

Registrations of motor vehicles in Cyprus increased during the first five months of 2026, with hybrid and electric cars continuing to strengthen their position in the market, according to a report ...

By Kyriacos Nicolaou

Tuesday 09 June | 14:48

Campaign aims to boost domestic tourism in Polis Chrysochous

The Paphos regional tourism board (Etap) has launched a new promotional video dedicated to Polis Chrysochous, as part of wider efforts to strengthen domestic tourism and support local communities and ...

By Souzana Psara

Tuesday 09 June | 13:11

Cypriot company Easternmed expands in Brussels with major office deal

Cypriot company Easternmed Real Estate Capital Plc has completed a major investment in Brussels, after acquiring the full share capital of Arlon 75BV, the company that owns The Muse, a ...

By Souzana Psara

Tuesday 09 June | 11:12

Eurobank Research named top forecaster in Cyprus

Eurobank Research has been named Cyprus’ leading forecaster for a second consecutive year in the Focus Economics Analyst Forecast Awards 2026, recording strong performances against a field of established international and ...

By Kyriacos Nicolaou

Banking and Finance

Wednesday 10 June | 10:10 Banking

Banking delegation showcases Cyprus economy in Brussels

A delegation from the Association of Cyprus Banks (ACB) spent the past two days in Brussels, where it presented the positive performance of the Cypriot economy and banking sector to ...

By Kyriacos Nicolaou

Tuesday 09 June | 18:55

Eurobank confirms €258.7 million dividend distribution

Greek lender Eurobank has announced details regarding the distribution of its dividend for the 2025 financial year, following approval by shareholders at the bank’s annual general meeting held on April 28, 2026. ...

By Kyriacos Nicolaou

Tuesday 09 June | 15:15

NBG Cyprus strengthens leadership team with new appointment

The National Bank of Greece (Cyprus) on Tuesday announced the appointment of Nicolas Prentzas as general manager and chief operations officer, strengthening its management team in Cyprus as part of ...

By Kyriacos Nicolaou

Tuesday 09 June | 11:12

Eurobank Research named top forecaster in Cyprus

Tuesday 09 June | 11:09 Banking

Bank of Cyprus named best bank in Cyprus by Global Finance

Tuesday 09 June | 08:00

Credit expansion underpins bullish outlook for Greek banks

Shipping

Tuesday 09 June | 10:58

Hadjimanolis hails new strategy for Europe’s maritime sector

By Souzana Psara

Tuesday 09 June | 09:02

Safe Bulkers expands orderbook with new capesize vessel

By Souzana Psara

Monday 08 June | 17:22

IMO urges shipping industry to protect oceans on World Oceans Day

By Souzana Psara

Monday 08 June | 13:25

Limassol shipping symposium to spotlight challenges and opportunities

By Kyriacos Nicolaou

Monday 08 June | 10:07

Supply chain resilience is vital, says executive

By Souzana Psara

Monday 08 June | 08:58

Bernhard Schulte Shipmanagement unifies shore and marine HR under new leadership

By Souzana Psara

Startups and Innovation

Tuesday 09 June | 14:45

Cypriot students win top honours at European robotics competition in Prague

Cypriot students returned from the European robotics competition Robotic Day Prague 2026 with a series of major distinctions, after taking part in the event held in the Czech Republic on June 6 ...

By Souzana Psara

Monday 08 June | 12:29

RIF knowledge transfer office marks three years of growth

The Central Knowledge Transfer Office (CKTO) of the Research and Innovation Foundation (RIF) has completed three years of full operation. In an announcement released on Monday to mark the occasion, ...

By Kyriacos Nicolaou

Friday 05 June | 16:42

EU backs deep tech growth with new Scaleup Europe Fund

The European Union this week advanced two major initiatives in its innovation and technology strategy, unveiling progress on the Scaleup Europe Fund alongside the announcement of winners of the European ...

By Kyriacos Nicolaou

Thursday 28 May | 13:00

Future will be defined by who uses AI to transform business, PwC CEO-elect says

PwC Cyprus CEO-elect Andreas Yiasemides has stressed that artificial intelligence is “no longer a future ambition or a technology experiment taking place on the margins of day-to-day business”, describing it ...

By Souzana Psara

Thursday 28 May | 08:02

Startups

Cypriot startup aims to reshape labour market with more transparent hiring

Cypriot startup Kyprium is aiming to transform the island’s recruitment sector through artificial intelligence, with founder Michalis Senekkis arguing that Cyprus must move away from informal hiring practices and ...

By Kyriacos Nicolaou

Tourism

Tuesday 09 June | 14:48

Campaign aims to boost domestic tourism in Polis Chrysochous

The Paphos regional tourism board (Etap) has launched a new promotional video dedicated to Polis Chrysochous, as part of wider efforts to strengthen domestic tourism and support local communities and ...

By Souzana Psara

Monday 08 June | 14:20

Wizz Air to introduce Starlink internet across fleet from 2027

Budget airline Wizz Air announced on Monday that it plans to introduce Starlink connectivity across its fleet from 2027, becoming the first European ultra-low-cost carrier to deploy the satellite-based internet service. ...

By Kyriacos Nicolaou

Friday 05 June | 13:32

Wizz Air adds 57,500 extra seats from Larnaca base due to strong demand

Low-cost carrier Wizz Air has announced that it will increase capacity from its Larnaca base earlier than originally planned, adding 57,500 extra seats during August and September in response to stronger-than-expected ...

By Kyriacos Nicolaou

Property

Monday 08 June | 14:45

‘World’s wealth always finds rare assets’: An interview with Evangelia Eliadou, Executive Director of Pafilia

Q: Luxury real estate has traditionally been associated with lifestyle. Why is the conversation changing now? For many years, luxury property was primarily marketed through emotion: lifestyle, design, location and ...

By CM Guest Columnist

Sunday 07 June | 17:43

An abundance of flowers greets the summer

When we came to live in Cyprus 26 years ago now, water was rationed to two days a week on our road. However, the house we later bought had a well ...

By Gardening with Patricia Jordan

Saturday 06 June | 07:30

Cyprus construction costs rise amid global pressures

Rising construction costs in Cyprus have surged by 10 per cent over the past two months, with a five-year increase reaching 35 per cent, according to the president of the Cyprus Federation ...

By Kyriacos Nicolaou

Friday 05 June | 12:39

Governor’s Beach area eyes major tourism upgrade

A major tourism development in Pentakomo is moving through the licensing process, with The Rocks project expected to bring a luxury hotel, villas, apartments and a beach club to one ...

By Souzana Psara

Energy

Wednesday 10 June | 06:00

EU wind energy output rises as production hits €10.4 billion

Wind turbine production across the European Union has shown renewed growth after years of volatility, with output reaching its highest level in a decade in 2024, according to Eurostat. The statistics ...

By Kyriacos Nicolaou

Tuesday 09 June | 19:13

Cyprus promotes regional energy cooperation in Washington

Energy Minister Michalis Damianos used his participation at the 10th Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) in Washington to stress that current geopolitical developments make it essential ...

By Kyriacos Nicolaou

Friday 05 June | 06:00

EU industry energy use falls as renewables gain ground

The European Union’s industry sector consumed 8,835 petajoules (PJ) of energy in 2024, marking an 8.1 per cent decline compared with 2014, according to newly released data from Eurostat. The figures also showed ...

By Kyriacos Nicolaou

Thursday 04 June | 16:44

Cyprus records over six times more cooling needs than EU average

Heating and cooling account for around 70 per cent of household energy consumption in Cyprus, with cooling degree days reaching 610 per cent of the European average, according to a report published ...

By Rebekah Gregoriades

Market spotlight

Wednesday 10 June | 10:00

SCALE debuts new culinary journeys, with Italy its first destination

By Press Release

Wednesday 10 June | 09:39

Columbia Beach Resort receives five awards at Cyprus Tourism Awards 2025

By Press Release

Monday 08 June | 15:45

Günther Groissböck, Nelson Calzi to bring operatic grandeur to Minthis

By Press Release

Monday 08 June | 13:19

Karaiskakio honoured at 2026 ESQR Quality Achievements Awards in Brussels

By Press Release

Monday 08 June | 12:41

UCLAN Cyprus School of Arts, Media & Comms debuts annual exhibition

By Press Release

Cyprus 4.0

Friday 15 May | 16:30

Cyprus and the next chapter of digital investing

Europe’s financial sector is changing rapidly. How would you describe the next stage of digital investing? Europe’s financial evolution is entering a new phase. For many years, the ...

By CM Guest Columnist

Wednesday 13 May | 08:30

The digital euro: a geopolitical shield and sovereign risk

Scheduled for a 2029 debut, the digital euro is designed to fundamentally redefine European finance as the digital twin of physical cash. Functioning as the third pillar of the European monetary ...

By Ioannis Tirkides

Tuesday 12 May | 15:00

Eurobank: building the bank of the future

The banking sector is advancing rapidly into a new era, with technology serving as the primary driver of transformation and growth. In Cyprus, Eurobank is proactively moving beyond digital transformation ...

By CM Guest Columnist

image Cyprus fintech targets SMEs with device-agnostic payment app

Tuesday 12 May | 09:00

Startups

Cyprus fintech targets SMEs with device-agnostic payment app

The landscape of commercial transactions in Cyprus is undergoing a profound shift as the island moves closer to a cashless society. While international payment giants have long dominated the fintech ...

By Kyriacos Nicolaou

Monday 11 May | 15:00

Teaching children the value of money in a digital world

In a world where digital payments, mobile apps and instant transactions are becoming the norm, financial literacy is no longer a skill reserved for adulthood. Today’s children are growing ...

By CM Guest Columnist

image MONEYGATE: Building financial infrastructure for a digital economy

Monday 11 May | 12:30

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About Us

Business & Finance

Construction sector leads EU import-only enterprises

EU wind energy output rises as production hits €10.4 billion

Construction sector leads EU import-only enterprises

Banking delegation showcases Cyprus economy in Brussels

EU wind energy output rises as production hits €10.4 billion

Cyprus Business Now: banking, shipping, space, trade, Cyta, Ecofin, energy

Cyprus promotes regional energy cooperation in Washington

Cyprus finance minister to chair Ecofin meeting in Luxembourg

Cyprus Business News

Banking delegation showcases Cyprus economy in Brussels

Cyprus Business Now: banking, shipping, space, trade, Cyta, Ecofin, energy

Cyprus promotes regional energy cooperation in Washington

Cyprus finance minister to chair Ecofin meeting in Luxembourg

Demetra Holdings buys 16,310 own shares in latest transaction

Eurobank confirms €258.7 million dividend distribution

Cyta hosts forum on responsible governance in Cyprus

NBG Cyprus strengthens leadership team with new appointment

Cyprus trade deficit widens as exports fall in early 2026

Hybrid cars dominate Cyprus market as EV share rises

Campaign aims to boost domestic tourism in Polis Chrysochous

Cypriot company Easternmed expands in Brussels with major office deal

Eurobank Research named top forecaster in Cyprus

Banking and Finance

Banking delegation showcases Cyprus economy in Brussels

Eurobank confirms €258.7 million dividend distribution

NBG Cyprus strengthens leadership team with new appointment

Eurobank Research named top forecaster in Cyprus

Bank of Cyprus named best bank in Cyprus by Global Finance

Credit expansion underpins bullish outlook for Greek banks

Shipping

Hadjimanolis hails new strategy for Europe’s maritime sector

Safe Bulkers expands orderbook with new capesize vessel

IMO urges shipping industry to protect oceans on World Oceans Day

Limassol shipping symposium to spotlight challenges and opportunities

Supply chain resilience is vital, says executive

Bernhard Schulte Shipmanagement unifies shore and marine HR under new leadership

Startups and Innovation

Cypriot students win top honours at European robotics competition in Prague

RIF knowledge transfer office marks three years of growth

EU backs deep tech growth with new Scaleup Europe Fund

Future will be defined by who uses AI to transform business, PwC CEO-elect says

Cypriot startup aims to reshape labour market with more transparent hiring

Tourism

Campaign aims to boost domestic tourism in Polis Chrysochous

Wizz Air to introduce Starlink internet across fleet from 2027

Wizz Air adds 57,500 extra seats from Larnaca base due to strong demand

Property

‘World’s wealth always finds rare assets’: An interview with Evangelia Eliadou, Executive Director of Pafilia

An abundance of flowers greets the summer

Cyprus construction costs rise amid global pressures

Governor’s Beach area eyes major tourism upgrade

Energy

EU wind energy output rises as production hits €10.4 billion

Cyprus promotes regional energy cooperation in Washington

EU industry energy use falls as renewables gain ground

Cyprus records over six times more cooling needs than EU average

Market spotlight

SCALE debuts new culinary journeys, with Italy its first destination

Columbia Beach Resort receives five awards at Cyprus Tourism Awards 2025

Günther Groissböck, Nelson Calzi to bring operatic grandeur to Minthis

Karaiskakio honoured at 2026 ESQR Quality Achievements Awards in Brussels

UCLAN Cyprus School of Arts, Media & Comms debuts annual exhibition

Cyprus 4.0

Cyprus and the next chapter of digital investing

The digital euro: a geopolitical shield and sovereign risk

Eurobank: building the bank of the future

Cyprus fintech targets SMEs with device-agnostic payment app

Teaching children the value of money in a digital world

MONEYGATE: Building financial infrastructure for a digital economy

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Not the loudest coin: Why Litecoin still works for payments

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Cypriot finance minister urges investment while defending EU fiscal rules

BTC Ecosystem mining platform secures $50 million in funding: Ushering in a new era of Bitcoin layer 2 development

US regulator leans toward allowing stock token trading without issuer consent