Business & Finance

Friday 28 March | 12:25

Cyprus leads EU in cutting non-performing loans, says agency

Cyprus has recorded the most significant progress among European Union countries in reducing non-performing loans, according to a new report by Scope Ratings. The non-performing loan (NPL) ratio in Cyprus ...

By Kyriacos Nicolaou

Friday 28 March | 14:26

Hellenic Bank board approves merger process with Eurobank Cyprus

The board of directors of Hellenic Bank has decided to proceed with the merger of the bank with Eurobank Cyprus, it emerged on Friday. Hellenic Bank officially announced that the ...

By Kyriacos Nicolaou

Friday 28 March | 12:25

Cyprus leads EU in cutting non-performing loans, says agency

Cyprus has recorded the most significant progress among European Union countries in reducing non-performing loans, according to a new report by Scope Ratings. The non-performing loan (NPL) ratio in Cyprus ...

By Kyriacos Nicolaou

Friday 28 March | 12:58 Cyprus economy

IMF praises Cyprus for fiscal discipline but calls for further debt reduction

Cyprus has shown resilience in the face of successive economic shocks, with growth remaining among the highest in the euro area, according to the International Monetary Fund (IMF). In a ...

By Kyriacos Nicolaou

Friday 28 March | 14:26

Hellenic Bank board approves merger process with Eurobank Cyprus

The board of directors of Hellenic Bank has decided to proceed with the merger of the bank with Eurobank Cyprus, it emerged on Friday. Hellenic Bank officially announced that the ...

By Kyriacos Nicolaou

Friday 28 March | 12:07

Cyprus’ public debt drops to €20.92 billion by end of 2024

Cyprus’ total public debt decreased to €20.92 billion as of December 31, 2024, down from €22.18 billion a year earlier, according to the fiscal report of the Republic of Cyprus for the financial year 2024. ...

By Kyriacos Nicolaou

Friday 28 March | 07:50

Cypriot bank deposits see €498.3 million increase in February

Total deposits in Cypriot banks increased by nearly half a billion euros in February 2025, according to a report released this week by the Central Bank of Cyprus (CBC). Specifically, the ...

By Kyriacos Nicolaou

Friday 28 March | 11:55

Eurobank Cyprus secures four top honours at Euromoney awards

Eurobank Cyprus on Friday announced that it secured four prestigious accolades at the Euromoney Private Banking Awards 2025, held this week in London. Specifically, the bank was recognised in the categories ...

By Kyriacos Nicolaou

Cyprus Business News

Friday 28 March | 15:02

Cyprus shipping ministry announces gender equality award

Cyprus’ Deputy Ministry of Shipping on Friday announced the launch of the second Gender Equality Award in Cypriot Shipping for 2025. This follows a decision by the Cabinet to establish the ...

By Kyriacos Nicolaou

Friday 28 March | 14:55

Libertex named “best online trading platform” in FinTech breakthrough awards

Prestigious Annual Awards Program Recognizes Standout Financial Technology Products & Companies Around the World Libertex, part of the Libertex Group and one of the leading online brokers, today announced that ...

By Press Release

Friday 28 March | 14:26

Hellenic Bank board approves merger process with Eurobank Cyprus

The board of directors of Hellenic Bank has decided to proceed with the merger of the bank with Eurobank Cyprus, it emerged on Friday. Hellenic Bank officially announced that the ...

By Kyriacos Nicolaou

Friday 28 March | 12:58 Cyprus economy

IMF praises Cyprus for fiscal discipline but calls for further debt reduction

Cyprus has shown resilience in the face of successive economic shocks, with growth remaining among the highest in the euro area, according to the International Monetary Fund (IMF). In a ...

By Kyriacos Nicolaou

Friday 28 March | 12:25

Cyprus leads EU in cutting non-performing loans, says agency

Cyprus has recorded the most significant progress among European Union countries in reducing non-performing loans, according to a new report by Scope Ratings. The non-performing loan (NPL) ratio in Cyprus ...

By Kyriacos Nicolaou

Friday 28 March | 12:07

Cyprus’ public debt drops to €20.92 billion by end of 2024

Cyprus’ total public debt decreased to €20.92 billion as of December 31, 2024, down from €22.18 billion a year earlier, according to the fiscal report of the Republic of Cyprus for the financial year 2024. ...

By Kyriacos Nicolaou

Friday 28 March | 11:55

Eurobank Cyprus secures four top honours at Euromoney awards

Eurobank Cyprus on Friday announced that it secured four prestigious accolades at the Euromoney Private Banking Awards 2025, held this week in London. Specifically, the bank was recognised in the categories ...

By Kyriacos Nicolaou

Banking and Finance

Friday 28 March | 14:26

Hellenic Bank board approves merger process with Eurobank Cyprus

The board of directors of Hellenic Bank has decided to proceed with the merger of the bank with Eurobank Cyprus, it emerged on Friday. Hellenic Bank officially announced that the ...

By Kyriacos Nicolaou

Friday 28 March | 12:25

Cyprus leads EU in cutting non-performing loans, says agency

Cyprus has recorded the most significant progress among European Union countries in reducing non-performing loans, according to a new report by Scope Ratings. The non-performing loan (NPL) ratio in Cyprus ...

By Kyriacos Nicolaou

Friday 28 March | 11:55

Eurobank Cyprus secures four top honours at Euromoney awards

Eurobank Cyprus on Friday announced that it secured four prestigious accolades at the Euromoney Private Banking Awards 2025, held this week in London. Specifically, the bank was recognised in the categories ...

By Kyriacos Nicolaou

Friday 28 March | 07:50

Cypriot bank deposits see €498.3 million increase in February

Thursday 27 March | 15:52

Eurobank’s €1.3bn investment shows confidence in Cypriot economy, bank says

Thursday 27 March | 15:34

Logicom offer for Demetra Holdings deemed unfair

Shipping

Friday 28 March | 15:02

Cyprus shipping ministry announces gender equality award

By Kyriacos Nicolaou

Monday 24 March | 12:41

KeelX unveils AI chatbot aimed at streamlining fleet management

By Souzana Psara

Friday 21 March | 16:11

Cyprus pushes for inclusive, competitive shipping at European summit

By Souzana Psara

Thursday 20 March | 16:02

Trading of Salamis Tours shares halted until late May

By Kyriacos Nicolaou

Tuesday 18 March | 13:06

Shipping minister heads to Brussels for working visit

By Souzana Psara

Tuesday 18 March | 10:11

Shipping ministry plans new Limassol headquarters

By Souzana Psara

Startups and Innovation

Thursday 27 March | 15:11

CAPSBOLD wins best video design award for Elevate Summit

CAPSBOLD is proud to announce that our series of videos for Elevate Summit has been named Best Video Design (March) by DesignRush. This prestigious award celebrates our continued commitment to ...

By Press Release

Thursday 27 March | 13:15

Cyprus innovation ecosystem progress a source of pride, says president

The Cyprus Research and Innovation Foundation (RIF) hosted its Cyprus Research Awards 2024 this week in a ceremony honouring the nation’s distinguished scientists. The event took place on Wednesday afternoon ...

By Kyriacos Nicolaou

Wednesday 26 March | 13:24

Cyprus opens applications for digital nomad visa programme

The migration department on Wednesday announced the start of applications for residence permits under the Cyprus Digital Nomad Visa scheme. According to the announcement, the scheme “aims to attract nationals ...

By Kyriacos Nicolaou

Wednesday 26 March | 11:37

Cyprus businesses accelerate digital shift despite ICT skills gap

Cypriot businesses have significantly progressed with the integration of digital technologies into how they operate, according to the Cyprus Statistical Service (Cystat). This was evident in Cystat’s latest report ...

By Kyriacos Nicolaou

Friday 21 March | 11:51

Academic partnership aims to enhance digital knowledge sharing

The Cyprus University of Technology (Tepak) has signed a cooperation protocol with the National Documentation Centre (EKT) of Greece, strengthening ties and knowledge exchange between the two institutions. The signing ...

By Kyriacos Nicolaou

Tourism

Thursday 27 March | 12:39

Larnaca pushes forward in European Capital of Culture 2030 bid

Deputy Tourism Minister Kostas Koumis used his participation in a professional symposium to highlight Larnaca’s appeal as a tourist destination. The minister outlined Larnaca’s recent progress in terms ...

By Kyriacos Nicolaou

Tuesday 25 March | 08:00

Platres hotel to reopen after renovation

The New Helvetia Hotel in Platres, which was recently awarded the ‘Historic Hotel of Cyprus’ label by the Deputy Ministry of Tourism, is preparing to reopen following its most extensive ...

By Souzana Psara

Friday 21 March | 14:27

Hermes secures funding for €170m expansion at Cyprus airports

Hermes Airports on Friday announced that it has successfully concluded the financing arrangements for the Phase 2 development projects at both Larnaca and Paphos airports. All necessary agreements with the financing ...

By Souzana Psara

Property

Friday 28 March | 06:30

Cyprus real estate sector’s future discussed in meeting with IMF delegation

The Cyprus Property Developers Association met with a delegation from the International Monetary Fund (IMF) on Wednesday, according to an official announcement. The meeting was attended by the president of ...

By Kyriacos Nicolaou

Thursday 27 March | 15:26

MPs demand overhaul of land allocation scheme for low-income families

The government came under mounting pressure on Thursday to overhaul its land allocation plan for low-income families, as MPs called for greater transparency and accountability in how land is distributed. ...

By Charalambos Stylianou

Monday 24 March | 10:54

Larnaca’s second-tallest office building put up for sale

Cyprus-based alternative investment fund Cyreit has announced the sale of Irida Tower, a multi-storey commercial building in Larnaca. The fund, a subsidiary of Prodea Investments, said that it is offering ...

By Kyriacos Nicolaou

Monday 24 March | 09:14

Consent of all co-owners required for release from mortgage

A mortgage is a charge placed on immovable property by its owner to secure a sum of money or an obligation from a mortgage creditor. While in the case of ...

By George Coucounis

Energy

Thursday 27 March | 14:23

Oil product sales in Cyprus rise by 2.5 per cent in February

Sales of oil products at service stations in Cyprus saw a 2.5 per cent increase in February, reaching 57,326 tonnes, compared to 55,909 tonnes in February 2024, according to a report from the statistical ...

By Kyriacos Nicolaou

Wednesday 26 March | 14:22

Chevron interested in gas exploration off Crete

Chevron (CVX.N) has expressed an interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the second such expression for Greek energy by the US oil ...

By Reuters News Service

Wednesday 26 March | 07:30

Russia’s central bank warns of potential oil price collapse

Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the ...

By Reuters News Service

Tuesday 25 March | 09:00

Fund managers expect Russia’s assets to remain closed to Western investors

Large fund managers expect the bulk of Russia’s assets to remain closed to Western investors, despite a flurry of “exotic” trades betting on a rapprochement between Moscow and Washington. ...

By Reuters News Service

Cryptocurrencies

Friday 28 March | 14:03

Global cloud mining: Opening a new chapter of passive income from Cryptocurrency

By CM Guest Columnist

Friday 28 March | 12:49

Best presale Cryptos: Aureal One- Why gamers and investors are excited!

Thursday 27 March | 18:40

Over 7,000 holders and $5.2M raised — Mutuum Finance (MUTM) is gearing up for its next big move

Thursday 27 March | 18:10

After $200M BTC whale buy, attention turns to Mutuum Finance (MUTM) for high-ROI potential

Thursday 27 March | 16:31

Ripple (XRP) and Mutuum Finance (MUTM) are being watched as long-term growth plays in Crypto

Thursday 27 March | 05:40

Cryptocurrency holdings of US companies

Wednesday 26 March | 18:41

Alt season wait grows with these 3 coins priced below $1 set to outpace Ripple (XRP) in gains

Cyprus 4.0

Wednesday 29 January | 15:30

Local startup scene needs bigger risks

As the founder of Panis Media, a growth marketing agency dedicated to propelling startups and tech-enabled organisations to new heights, Panis blends over two decades of experience in digital marketing, ...

By Kyriacos Nicolaou

Wednesday 29 January | 12:25

The smart property shift: How Placy’s AI is leading the charge

Meet the visionaries behind Placy After my meeting with Sotiris Komodromos, it’s clear that the realm of real estate is on the brink of a tech-driven transformation. As the ...

By Souzana Psara

Monday 27 January | 13:15

Cyprus emerges as a tech powerhouse

Chairman of TechIsland and General Manager at Wargaming, Valentinos Polykarpou, has played a key role in turning Cyprus into a burgeoning tech hub. Over the past three and a half ...

By Souzana Psara

Monday 27 January | 11:00

EnergyIntel: Redefining Cyprus’ energy landscape with innovation and sustainability

As the CEO of EnergyIntel, I take immense pride in sharing our journey of innovation and our vision for a sustainable energy future. In an age where sustainability is no ...

By CM Guest Columnist

Sunday 26 January | 13:30

Redefining marketing through boldness and innovation

At the helm of its marketing vision is Chief Marketing Officer, Alina Miroshnychenko, who has recently won the prestigious Women Tabloid Award for Best Emerging Woman CMO, and has played ...

By Kyriacos Nicolaou

Sunday 26 January | 10:30

Leading the tech frontier: Inside DC Sport Soft’s innovative approach

Under the leadership of CEO Liudmila Marochkina and supporting her team of professionals, the company has built a reputation for delivering end-to-end digital solutions tailored to meet complex challenges. Beyond ...

By Kyriacos Nicolaou

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About Us

Business & Finance

Cyprus leads EU in cutting non-performing loans, says agency

Hellenic Bank board approves merger process with Eurobank Cyprus

Cyprus leads EU in cutting non-performing loans, says agency

IMF praises Cyprus for fiscal discipline but calls for further debt reduction

Hellenic Bank board approves merger process with Eurobank Cyprus

Cyprus’ public debt drops to €20.92 billion by end of 2024

Cypriot bank deposits see €498.3 million increase in February

Eurobank Cyprus secures four top honours at Euromoney awards

Cyprus Business News

Cyprus shipping ministry announces gender equality award

Libertex named “best online trading platform” in FinTech breakthrough awards

Hellenic Bank board approves merger process with Eurobank Cyprus

IMF praises Cyprus for fiscal discipline but calls for further debt reduction

Cyprus leads EU in cutting non-performing loans, says agency

Cyprus’ public debt drops to €20.92 billion by end of 2024

Eurobank Cyprus secures four top honours at Euromoney awards

Banking and Finance

Hellenic Bank board approves merger process with Eurobank Cyprus

Cyprus leads EU in cutting non-performing loans, says agency

Eurobank Cyprus secures four top honours at Euromoney awards

Cypriot bank deposits see €498.3 million increase in February

Eurobank’s €1.3bn investment shows confidence in Cypriot economy, bank says

Logicom offer for Demetra Holdings deemed unfair

Shipping

Cyprus shipping ministry announces gender equality award

KeelX unveils AI chatbot aimed at streamlining fleet management

Cyprus pushes for inclusive, competitive shipping at European summit

Trading of Salamis Tours shares halted until late May

Shipping minister heads to Brussels for working visit

Shipping ministry plans new Limassol headquarters

Startups and Innovation

CAPSBOLD wins best video design award for Elevate Summit

Cyprus innovation ecosystem progress a source of pride, says president

Cyprus opens applications for digital nomad visa programme

Cyprus businesses accelerate digital shift despite ICT skills gap

Academic partnership aims to enhance digital knowledge sharing

Tourism

Larnaca pushes forward in European Capital of Culture 2030 bid

Platres hotel to reopen after renovation

Hermes secures funding for €170m expansion at Cyprus airports

Property

Cyprus real estate sector’s future discussed in meeting with IMF delegation

MPs demand overhaul of land allocation scheme for low-income families

Larnaca’s second-tallest office building put up for sale

Consent of all co-owners required for release from mortgage

Energy

Oil product sales in Cyprus rise by 2.5 per cent in February

Chevron interested in gas exploration off Crete

Russia’s central bank warns of potential oil price collapse

Fund managers expect Russia’s assets to remain closed to Western investors

Cryptocurrencies

Global cloud mining: Opening a new chapter of passive income from Cryptocurrency

Best presale Cryptos: Aureal One- Why gamers and investors are excited!

Over 7,000 holders and $5.2M raised — Mutuum Finance (MUTM) is gearing up for its next big move

After $200M BTC whale buy, attention turns to Mutuum Finance (MUTM) for high-ROI potential

Ripple (XRP) and Mutuum Finance (MUTM) are being watched as long-term growth plays in Crypto

Cryptocurrency holdings of US companies

Alt season wait grows with these 3 coins priced below $1 set to outpace Ripple (XRP) in gains

Cyprus 4.0

Local startup scene needs bigger risks

The smart property shift: How Placy’s AI is leading the charge

Cyprus emerges as a tech powerhouse

EnergyIntel: Redefining Cyprus’ energy landscape with innovation and sustainability

Redefining marketing through boldness and innovation

Leading the tech frontier: Inside DC Sport Soft’s innovative approach