Business & Finance

Wednesday 22 July | 07:40

Hadjipetrou maps Columbia’s next phase after O’Neil exit

Columbia Group chief executive Andreas Hadjipetrou has set out a strategy of measured expansion, tighter internal cooperation and greater seafarer support, three months after taking charge of one of the ...

By Souzana Psara

Wednesday 22 July | 06:30

Cyprus-based IT distributor sees revenue climb to $649 million in June

ASBISc Enterprises Plc this week reported that estimated consolidated revenues for June had risen to approximately $649 million, up by roughly 74 per cent from June 2025, in a trading update from the ...

By Kyriacos Nicolaou

Wednesday 22 July | 07:40

Hadjipetrou maps Columbia’s next phase after O’Neil exit

Columbia Group chief executive Andreas Hadjipetrou has set out a strategy of measured expansion, tighter internal cooperation and greater seafarer support, three months after taking charge of one of the ...

By Souzana Psara

Wednesday 22 July | 07:00

Cyprus startups invited to pitch at Rome Future Week 2026

Cyprus startups and scaleups have been invited to take part in the European Startup Pitch Session in Rome on September 22 and 23, 2026, with the Cyprus Chamber of Commerce and Industry (Keve) ...

By Kyriacos Nicolaou

Wednesday 22 July | 06:30

Cyprus-based IT distributor sees revenue climb to $649 million in June

ASBISc Enterprises Plc this week reported that estimated consolidated revenues for June had risen to approximately $649 million, up by roughly 74 per cent from June 2025, in a trading update from the ...

By Kyriacos Nicolaou

Wednesday 22 July | 07:30

Cyprus Business Now: surplus, Petrolina, India, shipping, electronic payments

Petrolina (Holdings) Public Limited announced on Tuesday that it has decided to commence operations for five separate special purpose companies established to develop individual phases of the ambitious Land of ...

By Souzana Psara

Tuesday 21 July | 15:10

Economy

Cyprus records one of the biggest debt reductions in the EU

Cyprus debt ratio falls to 54.6 per cent in first quarter of 2026 Cyprus reduced its government debt ratio in the first quarter of 2026, recording one of the largest annual declines in ...

By Kyriacos Nicolaou

image Cyprus posts €567 million first-quarter surplus

Tuesday 21 July | 14:09

Economy

Cyprus posts €567 million first-quarter surplus

Cyprus recorded a general government surplus of €567.10 million in the first quarter of 2026, as public revenue continued to rise despite a faster increase in government expenditure, according to preliminary figures ...

By Kyriacos Nicolaou

Cyprus Business News

Wednesday 22 July | 07:40

Hadjipetrou maps Columbia’s next phase after O’Neil exit

Columbia Group chief executive Andreas Hadjipetrou has set out a strategy of measured expansion, tighter internal cooperation and greater seafarer support, three months after taking charge of one of the ...

By Souzana Psara

Wednesday 22 July | 07:30

Cyprus Business Now: surplus, Petrolina, India, shipping, electronic payments

Petrolina (Holdings) Public Limited announced on Tuesday that it has decided to commence operations for five separate special purpose companies established to develop individual phases of the ambitious Land of ...

By Souzana Psara

Wednesday 22 July | 07:00

Cyprus startups invited to pitch at Rome Future Week 2026

Cyprus startups and scaleups have been invited to take part in the European Startup Pitch Session in Rome on September 22 and 23, 2026, with the Cyprus Chamber of Commerce and Industry (Keve) ...

By Kyriacos Nicolaou

Wednesday 22 July | 06:30

Cyprus-based IT distributor sees revenue climb to $649 million in June

ASBISc Enterprises Plc this week reported that estimated consolidated revenues for June had risen to approximately $649 million, up by roughly 74 per cent from June 2025, in a trading update from the ...

By Kyriacos Nicolaou

Tuesday 21 July | 16:03

PwC Foundation expands social impact efforts across Cyprus

The PwC Foundation continued to expand its contribution to education, entrepreneurship and community support during the 2026 financial year, with PwC Cyprus reporting a wide range of initiatives aimed at creating ...

By Kyriacos Nicolaou

image Cyprus Cement completes share buyback

Tuesday 21 July |

Updated on 21/7 15:47

Cyprus Cement completes share buyback

Cyprus Cement Public Company Ltd announced on Tuesday afternoon that it completed a further share buyback, acquiring 1,790 of its own shares at €1.33 each for a total value of €2,380.70. The transaction ...

By Kyriacos Nicolaou

image Cyprus records one of the biggest debt reductions in the EU

Tuesday 21 July | 15:10

Economy

Cyprus records one of the biggest debt reductions in the EU

Cyprus debt ratio falls to 54.6 per cent in first quarter of 2026 Cyprus reduced its government debt ratio in the first quarter of 2026, recording one of the largest annual declines in ...

By Kyriacos Nicolaou

Tuesday 21 July | 15:00

India emerges as Cyprus’ next shipping partner

Hadjimanolis lines up India shipping mission Cyprus and India are seeking to turn their expanding political ties into concrete maritime partnerships, with Shipping Deputy Minister Marina Hadjimanolis preparing an official ...

By Souzana Psara

Tuesday 21 July | 14:46

Cyprus cooperative bank share platform opens to the public

The Pancyprian Cooperative Society for Participation and Promotion of Cooperativism has announced the launch of an online platform allowing the public to purchase shares in the proposed Pancyprian Cooperative Bank ...

By Kyriacos Nicolaou

Tuesday 21 July | 14:09

Economy

Cyprus posts €567 million first-quarter surplus

Cyprus recorded a general government surplus of €567.10 million in the first quarter of 2026, as public revenue continued to rise despite a faster increase in government expenditure, according to preliminary figures ...

By Kyriacos Nicolaou

Tuesday 21 July | 13:30

Cyprus tax arrears climb to €4.64bn as collectable debt surges

Cyprus’ outstanding tax debt rose to €4.64 billion by the end of 2025, with immediately collectable arrears reaching €3.32 billion, according to data from the Tax Department. The figures were reported by Philenews, ...

By Kyriacos Nicolaou

Tuesday 21 July | 12:55

Mitsides confirms dividend payout, governance approvals

Mitsides Public Company Limited confirmed on Tuesday that shareholders approved a final dividend of €0.05 per share during its annual general meeting held on July 17, 2026, alongside a series of governance decisions. “...

By Kyriacos Nicolaou

Tuesday 21 July | 12:47

Demetra board member Mark Klerides steps down

Demetra Holdings Plc announced this week that board member Mark Klerides had stepped down from the board of directors and the boards of its subsidiaries, marking a leadership change alongside ...

By Kyriacos Nicolaou

Banking and Finance

Tuesday 21 July | 14:46

Cyprus cooperative bank share platform opens to the public

The Pancyprian Cooperative Society for Participation and Promotion of Cooperativism has announced the launch of an online platform allowing the public to purchase shares in the proposed Pancyprian Cooperative Bank ...

By Kyriacos Nicolaou

Tuesday 21 July | 12:11

Cyprus government electronic payments contract awarded after four-year process

JCC loses final appeal over government payments contract Cyprus has concluded a four-year tender process for the management of government electronic payment services, awarding the contract to VivaBank after a ...

By Kyriacos Nicolaou

Tuesday 21 July | 08:12

Banking

Borrowers group welcomes increased competition in Cyprus banking sector

The Cyprus Borrowers Protection Association (Syprodat) has welcomed the launch of the public share offering for the proposed Pancyprian Cooperative Bank, while stressing that the project’s success will ultimately ...

By Kyriacos Nicolaou

Monday 20 July | 11:48

Eurobank repurchases nearly 3 million shares in latest buyback

Monday 20 July | 11:35

Cyprus housing finance body moves to sell €135 million NPL portfolio

Monday 20 July | 10:02

Partnership bridges gap between academia and Cyprus financial services sector

Shipping

Wednesday 22 July | 07:40

Hadjipetrou maps Columbia’s next phase after O’Neil exit

By Souzana Psara

Tuesday 21 July | 18:02

European shipowners want carbon billions back

By Souzana Psara

Tuesday 21 July | 15:00

India emerges as Cyprus’ next shipping partner

By Souzana Psara

Tuesday 21 July | 13:20

Iran strikes again at Procopiou’s fleet

By Souzana Psara

Monday 20 July | 11:04

Hormuz conflict leaves global shipping in crisis mode, says Hadjimanolis

By Souzana Psara

Monday 20 July | 08:12

Cyprus shipping minister honours legacy of late Qatari ruler

By Souzana Psara

Startups and Innovation

Wednesday 22 July | 07:00

Cyprus startups invited to pitch at Rome Future Week 2026

Cyprus startups and scaleups have been invited to take part in the European Startup Pitch Session in Rome on September 22 and 23, 2026, with the Cyprus Chamber of Commerce and Industry (Keve) ...

By Kyriacos Nicolaou

image Cyprus startups urged to prioritise cybersecurity before expansion

Monday 20 July | 13:30

ICT

Cyprus startups urged to prioritise cybersecurity before expansion

Cyprus-based fintech and iGaming companies expanding abroad are underestimating cyber risks, according to Andrey Leskin, CTO at Qrator Labs, who warned that firms entering high-growth regions may face targeted digital ...

By Kyriacos Nicolaou

Friday 17 July | 15:30

AmCham Cyprus hosts talks on national AI strategy

Business leaders, policymakers and other stakeholders met on Friday at a roundtable organised by the American Chamber of Commerce in Cyprus (AmCham Cyprus) to discuss the country’s national artificial ...

By Kyriacos Nicolaou

Thursday 16 July | 08:00

AI platform aims to streamline marketing workflows for businesses in Cyprus

It often starts with something simple. A flyer that needs to go out, a brochure that has been sitting in a folder, a presentation that must look sharper, or a ...

By Souzana Psara

Wednesday 15 July | 16:45

RIF event brings Cyprus innovation ecosystem together

More than 200 representatives from Cyprus’ research, innovation and entrepreneurship ecosystem gathered on Tuesday for The Bash 2026, the Research and Innovation Foundation’s (RIF) flagship annual networking event. This year’s ...

By Kyriacos Nicolaou

Tourism

Tuesday 21 July | 12:25

Petrolina moves forward with massive coastal development plan

Petrolina launches five companies for Land of Tomorrow project Petrolina (Holdings) Public Limited announced on Tuesday that it has decided to commence operations for five separate special purpose companies established ...

By Kyriacos Nicolaou

Tuesday 21 July | 12:00

Air travel

Cyprus and France boost air travel connectivity

Cyprus Airways and Air France have launched a new codeshare agreement covering flights between Larnaca Airport and Paris Charles de Gaulle Airport, strengthening connectivity between Cyprus and one of Europe’...

By Kyriacos Nicolaou

Monday 20 July | 09:33

Protaras or Greece? Cypriots do the €2,500 holiday maths

A quote of €2,500 for four days in Protaras is pushing some Cypriot families to look beyond the island, as the August 15 holiday rush leaves fewer rooms available and sends prices ...

By Souzana Psara

Property

Monday 20 July | 14:09

Cyprus building costs climb again

Cyprus’ construction material prices rose further in June, driven by sharp increases in aluminium, plastics and electrical fixtures, according to figures released by the Statistical Service (Cystat) on Monday. The ...

By Souzana Psara

Monday 20 July | 13:10

Housing

Cyprus must turn housing pledge into homes

Cyprus’ pledge to deliver 10,000 new homes marks an important step towards tackling the country’s housing challenges, but meaningful progress will ultimately depend on whether the country can create the ...

By Kyriacos Nicolaou

Thursday 16 July | 08:30

High-demand Protaras holiday homes, just minutes from the beach, from €168K + VAT

Home to some of Europe’s most spectacular beaches, Protaras has long been one of Cyprus’ most sought-after destinations for those dreaming of owning a holiday home by the sea. ...

By CM Guest Columnist

image Cyprus constructors condemn illegal practices, warn of serious staff shortages

Tuesday 14 July | 09:49

Real estate

Cyprus constructors condemn illegal practices, warn of serious staff shortages

Construction employers’ association Oseok has condemned illegal practices by any contractor or business operating in Cyprus’ construction sector, while warning that the industry continues to face a severe shortage of ...

By Kyriacos Nicolaou

Energy

Saturday 18 July | 16:05

Cyprus moves towards electricity storage expansion

Cyprus is expediting the development of central electricity storage systems after a decision by the Transmission System Operator (TSO) to establish storage infrastructure alongside private sector projects. According to the ...

By James Morphakis

Saturday 18 July | 08:00

The energy institute statistical review 2026: the story lies beyond electricity

The publication of the Energy Institute’s Statistical Review of World Energy 2026 has produced widely differing interpretations. Some commentators argue that it demonstrates the energy transition is accelerating rapidly. Others ...

By Dr Charles Ellinas

Saturday 18 July | 06:00

Global fusion energy investments hit record $4.48 billion

Global investments in fusion energy hit a record of $4.48 billion in the ‌year since last July, according to a survey released this week, a milestone driven by hopes the emerging ...

By Reuters News Service

Friday 17 July | 15:02

The EU rule that could choke Europe’s fuel supply

Europe is already being forced to reconsider how it keeps fuel moving through an increasingly volatile world. Now, as the crisis in the Strait of Hormuz exposes the fragility of ...

By Souzana Psara

Market spotlight

Tuesday 21 July | 12:17

Maserati previews Project GT4 at 2026 Goodwood Festival of Speed

By Press Release

Tuesday 21 July | 12:11

Weleda Booster Drops: skincare that’s smarter, more natural, more… you!

By Press Release

Tuesday 21 July | 11:58

Ayia Napa Marina to host CraftXBeerience for second year in a row

By Press Release

Tuesday 21 July | 10:22

World Cup grand finale came alive at Alphamega

By Press Release

Monday 20 July | 12:10

Toyota, Lexus dominance in electric vehicle market continues to climb

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

Search

About Us

Business & Finance

Hadjipetrou maps Columbia’s next phase after O’Neil exit

Cyprus-based IT distributor sees revenue climb to $649 million in June

Hadjipetrou maps Columbia’s next phase after O’Neil exit

Cyprus startups invited to pitch at Rome Future Week 2026

Cyprus-based IT distributor sees revenue climb to $649 million in June

Cyprus Business Now: surplus, Petrolina, India, shipping, electronic payments

Cyprus records one of the biggest debt reductions in the EU

Cyprus posts €567 million first-quarter surplus

Cyprus Business News

Hadjipetrou maps Columbia’s next phase after O’Neil exit

Cyprus Business Now: surplus, Petrolina, India, shipping, electronic payments

Cyprus startups invited to pitch at Rome Future Week 2026

Cyprus-based IT distributor sees revenue climb to $649 million in June

PwC Foundation expands social impact efforts across Cyprus

Cyprus Cement completes share buyback

Cyprus records one of the biggest debt reductions in the EU

India emerges as Cyprus’ next shipping partner

Cyprus cooperative bank share platform opens to the public

Cyprus posts €567 million first-quarter surplus

Cyprus tax arrears climb to €4.64bn as collectable debt surges

Mitsides confirms dividend payout, governance approvals

Demetra board member Mark Klerides steps down

Banking and Finance

Cyprus cooperative bank share platform opens to the public

Cyprus government electronic payments contract awarded after four-year process

Borrowers group welcomes increased competition in Cyprus banking sector

Eurobank repurchases nearly 3 million shares in latest buyback

Cyprus housing finance body moves to sell €135 million NPL portfolio

Partnership bridges gap between academia and Cyprus financial services sector

Shipping

Hadjipetrou maps Columbia’s next phase after O’Neil exit

European shipowners want carbon billions back

India emerges as Cyprus’ next shipping partner

Iran strikes again at Procopiou’s fleet

Hormuz conflict leaves global shipping in crisis mode, says Hadjimanolis

Cyprus shipping minister honours legacy of late Qatari ruler

Startups and Innovation

Cyprus startups invited to pitch at Rome Future Week 2026

Cyprus startups urged to prioritise cybersecurity before expansion

AmCham Cyprus hosts talks on national AI strategy

AI platform aims to streamline marketing workflows for businesses in Cyprus

RIF event brings Cyprus innovation ecosystem together

Tourism

Petrolina moves forward with massive coastal development plan

Cyprus and France boost air travel connectivity

Protaras or Greece? Cypriots do the €2,500 holiday maths

Property

Cyprus building costs climb again

Cyprus must turn housing pledge into homes

High-demand Protaras holiday homes, just minutes from the beach, from €168K + VAT

Cyprus constructors condemn illegal practices, warn of serious staff shortages

Energy

Cyprus moves towards electricity storage expansion

The energy institute statistical review 2026: the story lies beyond electricity

Global fusion energy investments hit record $4.48 billion

The EU rule that could choke Europe’s fuel supply

Market spotlight

Maserati previews Project GT4 at 2026 Goodwood Festival of Speed

Weleda Booster Drops: skincare that’s smarter, more natural, more… you!

Ayia Napa Marina to host CraftXBeerience for second year in a row

World Cup grand finale came alive at Alphamega

Toyota, Lexus dominance in electric vehicle market continues to climb

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

From humble beginnings to lasting wealth: My journey with MoneySimpler

US Education struggles due to budget cuts: How can high-end talent earn passive income through EX DeFi platforms?

Cryptocurrency news: MoneySimpler offers retirees a passive income plan of $918 a day

Crypto firms prepare defenses as quantum threat to encryption draws nearer

Cyprus regulator warns investors regarding unauthorised crypto-asset services

Trust becomes next big test for digital assets

CySEC warns firms over money laundering risks after MiCA transition ends