Business

The question is no longer whether Cyprus needs a long-term energy plan. The question is what such a plan should include. A successful energy strategy must provide a coherent framework ...

What began as a single Dallas-based oil and gas venture in 1970 has since grown into a multi-state exploration and development company with operations stretching from South Texas to the Louisiana ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has called for the introduction of a standalone and compulsory financial literacy course in schools, arguing that stronger financial education is essential ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that, as of December 31, 2025, Epamina Corporate Ltd voluntarily waived its authorisation to provide administrative services, resulting in the lapse of its ...

Cyprus strengthens ties with Digital Cooperation Organisation Digital Cooperation Organisation (DCO) Secretary-General Deemah AlYahya used her visit to Cyprus to strengthen a series of international and local partnerships, underlining the ...

Cyprus maintained a steady economic profile between 2024 and 2025, with figures from Eurostat confirming that the island remains close to the European Union average for living standards. The island recorded an ...

Poor transport links and difficult access to Troodos are the biggest barriers to the region’s further tourism development, according to Troodos regional tourism board (Etap Troodos) president Nikos Matthaiou. ...

Europe’s regional air connectivity remains under pressure and island states such as Cyprus risk being disproportionately affected by rising costs and rigid regulations, according to the European Regions Airline ...

Consumer prices rise across the euro area The euro area annual inflation rate climbed to 3.2 per cent in May 2026, marking a rise from the 3.0 per cent recorded in April, according ...

Cyprus has emerged as a leader in protecting young people from severe material and social deprivation, according to newly released figures from Eurostat for 2025. The island recorded a rate of ...

Municipalities across Cyprus are increasing charges for sunbeds and umbrellas on organised beaches this summer, with local authorities arguing that higher fees are necessary to support upgraded facilities and services. ...

The filing of tax returns for 2025 began on Thursday, and will run until October 31. In a statement, the tax department said all employees, pensioners and self-employed persons – and whose gross ...

Cyprus improved its standing in the IMD World Competitiveness Yearbook 2026, climbing to 42nd place among 70 economies, up from 44th place in 2025. The country’s rise was primarily driven by stronger ...

Finance Minister Makis Keravnos has held talks with Ontario Minister of Economic Development Victor Anthony Fedeli on strengthening economic cooperation between Cyprus and Canada, with discussions focusing on bilateral relations, ...

The race to shape the next phase of financial markets came into focus on the closing day in Limassol, as industry executives turned their attention to tokenised assets, crypto platforms, ...

Alpha Bank Cyprus has announced that it hosted a special event in Nicosia on Tuesday where it unveiled a new specialised unit aimed at strengthening its services for institutional clients ...

Cyprus residents experienced household costs that were lower than the European Union average in 2025, as a wide divide in consumer prices across the continent, according to Eurostat. Specifically, Cyprus recorded ...

Cyprus needs a more mature conversation about housing. Not only about how more homes will be built, but about what kind of homes we need. Not only about the immediate ...

AI is reshaping the global labour market into two distinct paths, while rewarding human skills such as judgement, creativity and leadership, according to a report from consulting and advisory firm ...

Prices for several basic consumer goods continued to rise in May, according to the consumer protection service, as inflationary pressures remained visible across household staples ranging from cold cuts and ...

Macroeconomic stability is real, but it is not enough. The challenge of the next decade is to move from an economy that attracts wealth to an economy that produces knowledge, ...

Regulation must keep pace with fast-moving startups, says Kruczkowska Europe’s innovation ecosystem must address persistent fragmentation and strengthen cross-border coordination if startups are to grow into global scale-ups, according ...

Outgoing Fiscal Council president Michalis Persianis joined Darius Anucauskas, Chief Market Analyst at Markets.com, on Thursday for a timely discussion on the forces shaping the global economy, as the ...

Cyprus’ construction material prices climbed further in May, according to the state statistical service (Cystat), with higher costs for metals, wood and electromechanical products continuing to shape the outlook for ...