According to the organisation’s statistics, 1,295 applications were submitted in the first seven months of 2025, compared to 844 in 2024 and 749 in 2022.
The data, published by Philenews, highlights a steadily rising trend in construction activity in the city and district of Larnaca.
The increase is attributed to several factors, including the full implementation of the digital system Hippodamos, which allows electronic submission of applications 24 hours a day.
Government housing policies and the revision of urban planning incentives for housing have also contributed to the rise, the statistics show.
In a six-page memorandum submitted as part of the consultation, Keve welcomed the government’s determination to tackle tax evasion and improve tax collection, describing this as a cornerstone for transparency and fairness in the market.
At the same time, it warned against changes that might undermine Cyprus’ competitive tax regime, which it said has long been one of the country’s strongest advantages for attracting foreign investment.
Keve stressed that the reform must strike a balance between supporting local businesses across all sectors, from industry and commerce to services, while preserving Cyprus’ appeal as an investment destination.
“This balance is decisive for strengthening the Cypriot economy, both by supporting domestic enterprises and by attracting foreign investors,” Keve said.
The plan, approved by cabinet September 3 and co-funded by the EU’s Social Fund Plus under the ‘THALEIA 2021–2027’ programme, seeks to bring at least 470 women into the workforce.
Under the scheme, employers will receive €48 per working day for the first ten months of employment, regardless of the actual wage cost.
They must then keep the employee for two additional months without subsidy. Based on this unit cost, the maximum payment over a 12-month contract reaches €8,600.
The central bank publishes detailed interest rate data for deposits and loans across all credit institutions, aiming to enhance transparency.
For new household term deposits of up to one year, the average rate across all Cypriot institutions stood at 1.08 per cent, compared with 1.72 per cent in the eurozone.
The highest rates were offered by Jordan Ahli Bank at 1.38 per cent, followed by the National Bank at 1.35 per cent, Eurobank at 1.26 per cent, Ancoria at 1.25 per cent, and Alpha Bank at 1.09 per cent.
During a House energy committee meeting on the challenges confronting foreign businesses in Cyprus, it was revealed that the government is considering changes to its investment strategy.
According to a report shared by Philenews, the government’s aim is to streamline administrative processes and make the country more attractive to foreign investors.
A representative of the Cyprus Chamber of Commerce and Industry (Keve) said that “banking checks on foreign companies in Cyprus are much stricter than in other EU countries”.
“High costs for transport and energy, along with long delays in issuing permits, create serious obstacles for investors,” they added.
Moreover, it is an independent, non-profit organisation that aspires to activate the power of ONE (ENA) of every person, every act, every community, as a driving force for collective progress and lasting impact.
In fact, ENA Foundation is an initiative of entrepreneur Tasos Papanastasiou, with Christiana Panagi as co-founder and the original inspirer.
Both share a deep belief in the value of collective contribution and therefore set out to establish a foundation dedicated to society.
At the same time, the prize money has been doubled to €200,000, making the 2025 edition the most significant to date.
For the third consecutive year, the competition is offering opportunities to the country’s new generation of business leaders.
The three best business proposals will receive funding directly from Sir Stelios Haji-Ioannou, founder and owner of the easy family of Brands, and founder and president of the Stelios Philanthropic Foundation.
According to the statement, this impressive turnout reflects the new generation’s thirst for progress and innovation, highlighting that young Cypriot entrepreneurs recognise the awards as a leading platform to promote creativity and business innovation.
It is also mentioned that this year’s prize fund, now €200,000, is intended to provide stronger incentives and tangible support to the winners.
The non-profit company, which for seven years has been running an 18-month innovation grant programme for Cypriot researchers, is looking to hire a Head of the Innovation Support Unit and an Innovation Project Officer.
Cyprus Seeds currently has three staff members but aims to grow to six. The new roles will support its expanding portfolio of activities, which now includes major European-funded projects.
For the Head of the Innovation Support Unit, the organisation is seeking an experienced professional for full-time employment who will manage and coordinate European-funded projects in which Cyprus Seeds participates.
The company said the results will be published the following day, Wednesday, September 24, 2025, before the start of the trading session.
Demetra Holdings is listed on the Cyprus Stock Exchange (CSE), under the exchange’s regulated market.
In addition to preparing its financial results, Demetra Holdings has completed a buyback of its own shares through the Cyprus Investment and Securities Corporation Ltd, known as CISCO.
The exchange said that the share of LOUIS PLC will exit the General Index, the Main Market Index, and the FTSE/CySE20, with its place in the latter being taken by AIAS INVESTMENT PUBLIC LTD, which had been listed on the Reserve List following the latest FTSE/CySE20 evaluation.
“These changes are based on Rule 4.1 of the Basic Rules for Management and Calculation of Stock Market Indices, which states that if a company included in an index does not trade and is suspended for more than 30 calendar days, it must be removed from the index on the 31st day,” the exchange said.
The meeting is scheduled for Wednesday, September 24, 2025, and will include discussions on the report for the first six months of the year.
The announcement was made on September 10, 2025, at 13:13, and falls under the category of board meetings covering topics such as dividends, interest, new financial instruments, and potential share capital conversions.
No further details regarding the content of the report or any expected decisions were provided in the announcement.
The company’s stock, traded on the regulated market of the Cyprus Stock Exchange (CSE), will be affected by any outcomes of the board meeting.
The mineral exploration, development and production company is already listed on the alternative investment market (AIM) of the London Stock Exchange (LSE).
The company successfully raised 11 million Australian dollars in gross proceeds through its ASX dual listing offer, issuing 39,285,714 Chess Depositary Interests at a price of A$0.28 each.
Each Chess Depositary Interest represents ten underlying ordinary shares in the company.
The CDIs were admitted to the official list of the ASX on September 8, 2025, and began trading earlier today.
Trading on the ASX will not directly affect trading of Ariana’s shares on AIM, which will continue as before.
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