Business & Finance

Thursday 12 March | 07:30

Cyprus Business Now: constructions, tourism, port, banks, state payroll

Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor Yiannis Tsouloftas, arguing that faster permit ...

By Souzana Psara

Thursday 12 March | 06:30

Vassiliko Cement sets extraordinary general meeting for April

Vassiliko Cement Works Public Company Ltd will hold an Extraordinary General Meeting of shareholders at its plant offices in Vassiliko to consider proposed amendments to the company’s constitutional documents. ...

By Kyriacos Nicolaou

Thursday 12 March | 07:30

Cyprus Business Now: constructions, tourism, port, banks, state payroll

Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor Yiannis Tsouloftas, arguing that faster permit ...

By Souzana Psara

Thursday 12 March | 07:00

Russia plans 10 per cent budget cut as energy revenues fall

The Russian government is preparing a possible 10 per cent cut to all “non-sensitive” spending in this year’s budget, sources told Reuters, but the final decision will hinge on the ...

By Reuters News Service

Thursday 12 March | 06:30

Vassiliko Cement sets extraordinary general meeting for April

Vassiliko Cement Works Public Company Ltd will hold an Extraordinary General Meeting of shareholders at its plant offices in Vassiliko to consider proposed amendments to the company’s constitutional documents. ...

By Kyriacos Nicolaou

Thursday 12 March | 06:00

Flying remains the safest form of long-distance travel

The International Air Transport Association (IATA) released this week its 2025 Annual Safety Report, demonstrating a solid year of safety performance. In particular, the all-accident rate stood at 1.32 per million flights ...

By Souzana Psara

Wednesday 11 March | 16:33

Revolut to launch as a full UK bank after regulator lifts restrictions

Revolut Bank UK Ltd has received approval from the Prudential Regulation Authority (PRA) to launch as a fully licensed bank in the United Kingdom after the regulator lifted restrictions following ...

By Kyriacos Nicolaou

Wednesday 11 March | 15:25

Limassol port operating normally despite regional tensions

Limassol district local government organisation (EOA) president Yiannis Tsouloftas on Wednesday visited the DP World facilities at Limassol port, where he was briefed on operations and confirmed that all activities ...

By Kyriacos Nicolaou

Cyprus Business News

Thursday 12 March | 07:30

Cyprus Business Now: constructions, tourism, port, banks, state payroll

Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor Yiannis Tsouloftas, arguing that faster permit ...

By Souzana Psara

Thursday 12 March | 06:30

Vassiliko Cement sets extraordinary general meeting for April

Vassiliko Cement Works Public Company Ltd will hold an Extraordinary General Meeting of shareholders at its plant offices in Vassiliko to consider proposed amendments to the company’s constitutional documents. ...

By Kyriacos Nicolaou

Wednesday 11 March | 17:42

Demetra Holdings buys back 8,900 of its own shares

Investment firm Demetra Holdings Plc on Wednesday announced that it conducted a buyback of 8,900 of its own shares on March 10 during a single trading session on the Cyprus Stock Exchange (...

By Kyriacos Nicolaou

Wednesday 11 March | 16:47

Cyprus treasury bills to mature next week, ministry confirms

The Finance Ministry has announced the upcoming maturity of the 13-week Treasury Bills, 12th issue of 2025, confirming that the securities will soon cease trading on the regulated market. The announcement ...

By Kyriacos Nicolaou

Wednesday 11 March | 16:33

Revolut to launch as a full UK bank after regulator lifts restrictions

Revolut Bank UK Ltd has received approval from the Prudential Regulation Authority (PRA) to launch as a fully licensed bank in the United Kingdom after the regulator lifted restrictions following ...

By Kyriacos Nicolaou

Wednesday 11 March | 15:25

Limassol port operating normally despite regional tensions

Limassol district local government organisation (EOA) president Yiannis Tsouloftas on Wednesday visited the DP World facilities at Limassol port, where he was briefed on operations and confirmed that all activities ...

By Kyriacos Nicolaou

Wednesday 11 March | 13:19

Cyprus online shoppers among least likely in EU to face problems

Cyprus has recorded one of the lowest rates of online shopping problems in the European Union, with around 15.68 per cent of consumers reporting issues when buying through websites or apps, ...

By Kyriacos Nicolaou

Banking and Finance

Wednesday 11 March | 09:02

Alpha Bank shares rated ‘buy’ as analysts cite attractive returns

Capital markets firm Jefferies recently raised its target price for Alpha Bank shares to €4.85 from €4.15 and reiterated its buy recommendation, citing the bank’s strong earnings outlook and attractive shareholder ...

By Kyriacos Nicolaou

Wednesday 11 March | 08:00 Banking

Cyprus bank customers face slower rate cuts due to market concentration

High concentration in banking markets delays the speed at which central bank interest rate changes reach consumers and businesses, according to a study released by the Central Bank of Cyprus (...

By Kyriacos Nicolaou

Tuesday 10 March | 20:02 Banking

First four-day working week in Cyprus approved by bank staff union

Bank employee union Etyk members at Societe Generale Bank Cyprus on Tuesday approved the renewal of their collective agreement for the 2023–2027 period with 96 per cent support, introducing for the first ...

By Kyriacos Nicolaou

Tuesday 10 March | 15:14

Borrowers group demands real protection for vulnerable debtors in Cyprus

Tuesday 10 March | 14:02 Banking

Cyprus banks warn against expanding basic account access to small firms

Tuesday 10 March | 13:58

Consumer watchdog hits Alpha Bank with €160,000 penalty

Shipping

Wednesday 11 March | 15:25

Limassol port operating normally despite regional tensions

By Kyriacos Nicolaou

Wednesday 11 March | 13:36

Greek-owned bulker among three vessels hit near Hormuz

By Souzana Psara

Tuesday 10 March | 20:32

Limassol port operator marks women’s day with community support

By Kyriacos Nicolaou

Tuesday 10 March | 16:02

YoungShip Cyprus elects new board and president for 2026-2028 term

By Souzana Psara

Tuesday 10 March | 09:18

Cypriot shipowner lists new yield-focused maritime firm in Oslo

By Souzana Psara

Tuesday 10 March | 08:02

Greek tanker clears Strait of Hormuz despite massive drop in shipping traffic

By Souzana Psara

Startups and Innovation

Wednesday 11 March | 16:33

Revolut to launch as a full UK bank after regulator lifts restrictions

Revolut Bank UK Ltd has received approval from the Prudential Regulation Authority (PRA) to launch as a fully licensed bank in the United Kingdom after the regulator lifted restrictions following ...

By Kyriacos Nicolaou

Wednesday 11 March | 11:41

Kinisis Ventures backs Cyprus-based automation firm

Venture capital firm Kinisis Ventures, through KV Fund II, has invested in Autonomics Tech Ltd, a Cyprus-based robotics and automation company developing autonomous industrial cleaning systems and a companion fleet ...

By Souzana Psara

Tuesday 10 March | 17:20

IET Cyprus to host Nicosia roundtable on future of AI and robotics

The Institution of Engineering and Technology Cyprus Local Network will host a public roundtable in Nicosia on March 12, examining how artificial intelligence is moving beyond software into machines that interact ...

By Kyriacos Nicolaou

Monday 09 March | 07:00

From fragmented to connected: a shared hub for Europe’s AI

Europe’s AI researchers are joining forces through an EU-funded digital platform that allows them to share tools, data and computing power to drive collaboration and innovation. By Michael Allen ...

By CM Guest Columnist

Friday 06 March | 16:13

Startups take the stage at AAlchemy Growth Lab Demo Day

AAlchemy Ventures hosts its AAlchemy Growth Lab Demo Day on March 9 at the CYENS Centre of Excellence, bringing together founders, investors, and innovation leaders to meet the startups finishing the ...

By Press Release

Tourism

Wednesday 11 March |

Updated on 11/3 19:02

Government scrambles to allay tourism concerns

The government is taking targeted steps to protect Cyprus’ tourism sector and counter what it describes as misleading perceptions abroad about the country’s stability. President Nikos Christodoulides, during a ...

By James Morphakis

Wednesday 11 March | 11:27

Regional war ‘already weighing’ on tourism, says Keve

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday warned that the escalating war crisis in the wider region is already starting to weigh on the Cypriot economy, with ...

By Souzana Psara

Tuesday 10 March | 16:56

Poland remains key market as Paphos boosts tourism drive

Paphos is promoting itself in Poland this week as it looks to draw more visitors from one of Cyprus’ fastest-rising tourism markets and deepen its appeal as a year-round destination. ...

By Souzana Psara

Property

Wednesday 11 March | 13:04 Housing crisis

Cypriot lawmaker backs EU action on housing for low income families

The European Parliament this week adopted a sweeping set of recommendations to tackle the European housing crisis, a move welcomed by a Cypriot lawmaker who said the decision sends a ...

By Kyriacos Nicolaou

Wednesday 11 March | 11:21

Permits taking longer than construction, Cyprus developers warn

Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor Yiannis Tsouloftas, arguing that faster permit ...

By Souzana Psara

Wednesday 11 March | 07:40

Cypriot SMEs to lead the way in digital construction shift

The Cyprus Scientific and Technical Chamber (Etek) recently hosted a European workshop titled “Scaling BIM Down: Making BIM work for small firms and small projects”, as part of its efforts ...

By Kyriacos Nicolaou

Wednesday 11 March | 06:40

‘A generation cannot build a future,’ MEPs warn over soaring EU rents

The European Parliament adopted recommendations on the EU housing crisis on Tuesday, calling for a range of measures aimed at improving access to decent, sustainable and affordable housing across the ...

By Kyriacos Nicolaou

Energy

Tuesday 10 March | 16:51

Cyprus remains one of EU’s most oil-dependent nations

Cyprus remained one of the European Union’s most oil-dependent countries in 2024, with 86 per cent of the energy available on the island coming from crude oil and petroleum products, according ...

By Souzana Psara

Monday 09 March | 10:09

Governments scramble to protect economies as oil prices soar

Oil prices have soared while share markets have skidded on fears that the escalating US-Israeli war on Iran will squeeze energy supplies and hamstring industries around the world. Following are ...

By Reuters News Service

Monday 09 March | 07:30

Energy app turns neighbours into local clean energy power players

An energy app developed by EU-funded researchers is helping neighbours cut carbon, earn modest returns and boost the use of clean power in their own communities. By Anthony King A ...

By CM Guest Columnist

Sunday 08 March | 11:30

From storms to sensors: how cross-border research with UK partners shapes safer and greener technologies

Since the UK rejoined Horizon Europe in 2024, EU-funded cross-border research with UK partners has been delivering safer, smarter, more sustainable technologies for everyday life. By Ali Jones On a test ...

By CM Guest Columnist

Market spotlight

Wednesday 11 March | 15:19

‘If you know, you know’: Lidl Cyprus’ new 360° drive portrays quality via shoppers’ eyes

By Press Release

Wednesday 11 March | 13:05

Eurobank presents new generation of cards

By Press Release

Wednesday 11 March | 09:36

Lidl Cyprus supports Red Cross Society, standing by affected Limassol communities

By Press Release

Tuesday 10 March | 18:06

FMD treatment in Cyprus cannot differ from that in the EU

By Elias Hazou

Tuesday 10 March | 17:12

Elias Neocleous & Co LLC advises on Pelagic Credit Plc’s USD 75 million private placement and listing on Euronext Growth Oslo

By Press Release

Cyprus 4.0

Wednesday 24 December 2025 | 15:30

She entered IT as an ‘experiment’. She stayed as a leader

A little over five years ago, Antonina Zinovenko, now manager of art department at Wargaming, stepped away from media and advertising and into IT, carrying no technical background whatsoever, only ...

By Souzana Psara

Wednesday 24 December 2025 | 12:10

Cyprus innovation on the rise: Broadening participation and opportunity

By Marilena Paraskeva Marilena Paraskeva is Head of Funding Programmes at the Research & Innovation Foundation Cyprus is steadily strengthening its position as a regional hub for research and innovation. ...

By CM Guest Columnist

Tuesday 23 December 2025 | 15:30

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 ...

By Souzana Psara

Tuesday 23 December 2025 | 12:00

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 ...

By Panis Pieri

Monday 22 December 2025 | 15:30

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 ...

By Souzana Psara

image Liudmila Marochkina on leading technology through systems, not code

Monday 22 December 2025 | 12:00

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About Us

Business & Finance

Cyprus Business Now: constructions, tourism, port, banks, state payroll

Vassiliko Cement sets extraordinary general meeting for April

Cyprus Business Now: constructions, tourism, port, banks, state payroll

Russia plans 10 per cent budget cut as energy revenues fall

Vassiliko Cement sets extraordinary general meeting for April

Flying remains the safest form of long-distance travel

Revolut to launch as a full UK bank after regulator lifts restrictions

Limassol port operating normally despite regional tensions

Cyprus Business News

Cyprus Business Now: constructions, tourism, port, banks, state payroll

Vassiliko Cement sets extraordinary general meeting for April

Demetra Holdings buys back 8,900 of its own shares

Cyprus treasury bills to mature next week, ministry confirms

Revolut to launch as a full UK bank after regulator lifts restrictions

Limassol port operating normally despite regional tensions

Cyprus online shoppers among least likely in EU to face problems

Banking and Finance

Alpha Bank shares rated ‘buy’ as analysts cite attractive returns

Cyprus bank customers face slower rate cuts due to market concentration

First four-day working week in Cyprus approved by bank staff union

Borrowers group demands real protection for vulnerable debtors in Cyprus

Cyprus banks warn against expanding basic account access to small firms

Consumer watchdog hits Alpha Bank with €160,000 penalty

Shipping

Limassol port operating normally despite regional tensions

Greek-owned bulker among three vessels hit near Hormuz

Limassol port operator marks women’s day with community support

YoungShip Cyprus elects new board and president for 2026-2028 term

Cypriot shipowner lists new yield-focused maritime firm in Oslo

Greek tanker clears Strait of Hormuz despite massive drop in shipping traffic

Startups and Innovation

Revolut to launch as a full UK bank after regulator lifts restrictions

Kinisis Ventures backs Cyprus-based automation firm

IET Cyprus to host Nicosia roundtable on future of AI and robotics

From fragmented to connected: a shared hub for Europe’s AI

Startups take the stage at AAlchemy Growth Lab Demo Day

Tourism

Government scrambles to allay tourism concerns

Regional war ‘already weighing’ on tourism, says Keve

Poland remains key market as Paphos boosts tourism drive

Property

Cypriot lawmaker backs EU action on housing for low income families

Permits taking longer than construction, Cyprus developers warn

Cypriot SMEs to lead the way in digital construction shift

‘A generation cannot build a future,’ MEPs warn over soaring EU rents

Energy

Cyprus remains one of EU’s most oil-dependent nations

Governments scramble to protect economies as oil prices soar

Energy app turns neighbours into local clean energy power players

From storms to sensors: how cross-border research with UK partners shapes safer and greener technologies

Market spotlight

‘If you know, you know’: Lidl Cyprus’ new 360° drive portrays quality via shoppers’ eyes

Eurobank presents new generation of cards

Lidl Cyprus supports Red Cross Society, standing by affected Limassol communities

FMD treatment in Cyprus cannot differ from that in the EU

Elias Neocleous & Co LLC advises on Pelagic Credit Plc’s USD 75 million private placement and listing on Euronext Growth Oslo

Cyprus 4.0

She entered IT as an ‘experiment’. She stayed as a leader

Cyprus innovation on the rise: Broadening participation and opportunity

At the intersection of tech, communication and community: Artemis Pnevmatikou’s story

Why Cyprus tech needs more women CEOs and board members

How Tanya Romanyukha is helping Cyprus think bigger about tech

Liudmila Marochkina on leading technology through systems, not code

Cryptocurrencies

U.S. Bitcoin ETFs record $167M in fresh inflows as Mutuum Finance adds ‘One-Click’ borrow presets

BitsStrategy launches the most profitable AI trading bot of 2026 to help users start their cryptocurrency journey

Dogecoin technical indicators suggest possible price drop as Mutuum Finance pushes development forward

32,000 Bitcoin (BTC) moves to cold storage as Mutuum Finance (MUTM) implements dual-lending mechanism

Mutuum Finance builds non-custodial lending protocol while 414B SHIB leaves exchanges and $1 hope fades

Bitcoin (BTC) recovers as Mutuum Finance (MUTM) delivers on roadmap

Wanchain bridges $80M to Cardano while Mutuum Finance (MUTM) expands its DeFi ecosystem