Business & Finance

Sunday 13 July | 10:00

European defence spending and its economic effects

By Nektarios Michail The recent geopolitical tensions that keep erupting around the world have underlined the fact that Europe and the US may likely be unprepared, and are definitely underperforming, ...

By CM Guest Columnist

Sunday 13 July | 08:10

Samsung bets on AI foldables to revive smartphone leadership

Samsung Electronics has unveiled thinner, lighter foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch rival Apple (AAPL.O). ...

By Reuters News Service

Sunday 13 July | 10:00

European defence spending and its economic effects

By Nektarios Michail The recent geopolitical tensions that keep erupting around the world have underlined the fact that Europe and the US may likely be unprepared, and are definitely underperforming, ...

By CM Guest Columnist

Sunday 13 July | 09:00

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting July 7: Cyprus recorded a 2 per cent rise in house prices in the first quarter of 2025 compared with a ...

By Souzana Psara

Sunday 13 July | 08:10

Samsung bets on AI foldables to revive smartphone leadership

Samsung Electronics has unveiled thinner, lighter foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch rival Apple (AAPL.O). ...

By Reuters News Service

Sunday 13 July | 07:30

OPEC+ set to approve big September oil output boost

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab ...

By Reuters News Service

Sunday 13 July | 07:00

UK overtakes US as top investment pick for British business leaders

The attractiveness of the United States as an investment destination has plunged in the eyes of British business executives who now see opportunities closer to home, a survey showed this ...

By Reuters News Service

Saturday 12 July | 06:40

Shell warns of weak Q2 earnings amid chemicals and gas slump

Shell (SHEL.L) expects quarterly earnings to be hit by weaker trading in its integrated gas division and losses at its chemicals and products operations, it said this week ahead ...

By Reuters News Service

Cyprus Business News

Sunday 13 July | 09:00

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting July 7: Cyprus recorded a 2 per cent rise in house prices in the first quarter of 2025 compared with a ...

By Souzana Psara

Saturday 12 July | 09:00 Daily wrap-up

Cyprus Business Now: Paphos tourism, Finance Minister, building permits, PwC

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said that Paphos has significant potential to boost visitor numbers. In addition, he also said that the district can attract ...

By Kyriacos Nicolaou

Friday 11 July | 14:30

Cyprus government workforce grows in June

Total government employment in Cyprus reached 54,829 in June, marking an increase of 676 persons, a rise of 1.2 per cent compared to the same month in 2024, according to the state statistical service. ...

By Kyriacos Nicolaou

Friday 11 July | 14:11

Paphos can target high-spending tourists, says hoteliers’ chief

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said that Paphos has significant potential to boost visitor numbers. In addition, he also said that the district can attract ...

By Souzana Psara

Friday 11 July | 13:02

A field report from the “other” Cyprus tech event

By Chrystalleni Loizidou For policymakers unfamiliar with this space: FLOSS and digital sovereignty are not fringe concerns—they are the building blocks of a more secure, autonomous, and transparent public ...

By CM Guest Columnist

Friday 11 July | 12:45

Cyprus building permits fall but value rises to €361.5 million

The Cyprus Statistical Service (Cystat) on Friday announced a reduction of 1.9 per cent in the number of building permits issued during March 2025, when compared to the same month last year. ...

By Kyriacos Nicolaou

Friday 11 July | 12:34

PwC Cyprus praises investor role in economic transformation

PwC Cyprus on Friday released a statement outlining their support for this year’s Invest Cyprus International Investment Awards, with the firm being a platinum sponsor of the event. The ...

By Souzana Psara

Banking and Finance

Sunday 13 July | 09:00

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting July 7: Cyprus recorded a 2 per cent rise in house prices in the first quarter of 2025 compared with a ...

By Souzana Psara

Friday 11 July | 11:49

EBA moves to tackle ESG greenwashing in retail banking

The European Banking Authority (EBA) this week launched a public consultation on proposed revisions to its guidelines on product oversight and governance (POG) arrangements for retail banking products. The revised ...

By Kyriacos Nicolaou

Friday 11 July | 07:44

Loan costs remain high in Cyprus while depositors see limited returns

The average interest rate for household time deposits up to one year in Cyprus stood at 1.16 per cent in the latest data published by the Central Bank of Cyprus, lagging ...

By Kyriacos Nicolaou

Friday 11 July | 07:24

Cyprus Business Now: FDI, Skourides, Invest Cyprus, CSE, financial literacy

Thursday 10 July | 08:02

Algorithmic trading risky without oversight, warns CSE official

Thursday 10 July | 07:30

Cyprus Business Now: ICT, sanctions, digital euro, disability care debate, RIF

Shipping

Thursday 10 July | 10:30

Cyprus deputy shipping minister visits UK to boost IMO council bid

By Souzana Psara

Thursday 10 July | 10:26

Safe Bulkers launches €100K scholarship drive

By Souzana Psara

Wednesday 09 July | 12:00

Satellite deal brings smarter connectivity to global fleets

By Kyriacos Nicolaou

Tuesday 08 July | 09:52

Shipping minister meets Egyptian official to boost maritime ties

By Souzana Psara

Monday 07 July | 10:17

Athens maritime summit highlights welfare, training and digital tools

By Souzana Psara

Friday 04 July | 12:14

Larnaca marina set for major upgrades after contract signing

By Kyriacos Nicolaou

Startups and Innovation

Friday 11 July | 13:02

A field report from the “other” Cyprus tech event

By Chrystalleni Loizidou For policymakers unfamiliar with this space: FLOSS and digital sovereignty are not fringe concerns—they are the building blocks of a more secure, autonomous, and transparent public ...

By CM Guest Columnist

Thursday 10 July | 12:43

Cyprus strengthens ties with UAE in AI and tech collaboration

Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement released on Thursday. The visit aimed to “reinforce Cyprus’ role as ...

By Kyriacos Nicolaou

Thursday 10 July | 10:51

Tech contest opens to startups from Cyprus and Greece

The National Bank of Greece on Thursday announced the launch of its 16th Innovation and Technology Competition as part of its NBG Business Seeds programme. “This initiative is the longest-running ...

By Kyriacos Nicolaou

Wednesday 09 July | 16:39

Deputy minister highlights Cyprus’ innovation momentum

Cyprus’ innovation ecosystem gathered momentum this week as ‘The Bash 2025’ brought together 185 participants for the country’s flagship startup and networking event. Now in its fifth year, the gathering has ...

By Souzana Psara

Tuesday 08 July | 11:11

Former minister joins data centre operator as board advisor

Cyprus-based data centre operator CL8 on Tuesday announced the appointment of Kyriacos Kokkinos, former Deputy Minister for Research, Innovation and Digital Policy, as executive advisor to its board of directors. ...

By Kyriacos Nicolaou

Tourism

Friday 11 July | 14:11

Paphos can target high-spending tourists, says hoteliers’ chief

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said that Paphos has significant potential to boost visitor numbers. In addition, he also said that the district can attract ...

By Souzana Psara

Thursday 10 July | 10:59

Prices soar for British tourists in Cyprus

British holidaymakers heading to Cyprus this summer are facing steep price rises for all-inclusive packages, with costs up by almost a quarter compared with last year, according to figures reported ...

By Charalambos Stylianou

Thursday 10 July | 03:00

Jet2 shares fall as 2026 outlook withheld amid booking delays

British low-cost airline and travel firm Jet2 (JET2.L) said it was premature to give a forecast for fiscal year 2026 as later bookings and global uncertainty clouded visibility into future ...

By Reuters News Service

Property

Friday 11 July | 12:45

Cyprus building permits fall but value rises to €361.5 million

The Cyprus Statistical Service (Cystat) on Friday announced a reduction of 1.9 per cent in the number of building permits issued during March 2025, when compared to the same month last year. ...

By Kyriacos Nicolaou

Thursday 10 July | 13:27

Cyprus construction prices up 4.4 per cent from last year

The construction production index in Cyprus reached 112.65 units in the first quarter of 2025, reflecting a 1 per cent increase compared to the same period in 2024, according to the state statistical service. ...

By Kyriacos Nicolaou

Thursday 10 July | 08:00

Holiday apartments in Protaras with panoramic sea views, just five minutes from the beach

Luxury apartments with sea views and an impressive pool, only five minutes from the most beautiful beaches in Protaras. Have you been dreaming of waking up to panoramic sea views ...

By CM Guest Columnist

Tuesday 08 July | 10:48

Cyprus property sales tick up in June, led by Larnaca surge

Property sales in Cyprus recorded an annual increase of 17 per cent in June, driven by a 44 per cent surge in Larnaca, while Nicosia posted the smallest gain at just 2 per ...

By Souzana Psara

Energy

Sunday 13 July | 07:30

OPEC+ set to approve big September oil output boost

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab ...

By Reuters News Service

Saturday 12 July | 19:51

‘What do you want me to do? Go to Dhekelia with a screw and do the work myself?’

Matters became heated between Energy Minister George Papanastasiou and the electricity authority’s scientific staff’s trade union Sepaik leader Marios Pappoutis at the union’s annual general meeting on ...

By Tom Cleaver

Saturday 12 July | 17:49

‘No immediate exploitation’ of Pegasus gas field

There will be “no immediate exploitation” of the ‘Pegasus’ natural gas field, Energy Minister George Papanastasiou said on Saturday. Addressing the electricity authority’s scientific staff’s trade union Sepaik, ...

By Tom Cleaver

Saturday 12 July | 16:22

Electricity bill tariffs to rise by three per cent

Electricity tariffs will rise by three per cent from the next two-month billing period, Energy Minister George Papanastasiou confirmed on Saturday. Speaking before the the electricity authority’s scientific staff’...

By Tom Cleaver

Cryptocurrencies

Saturday 12 July | 18:40

Investor alert: 72% of this new altcoin gone, will you miss the next 10x breakout?

By CM Guest Columnist

Saturday 12 July | 18:10

Avalanche (AVAX) climbed 40% this Month, but this token at just $0.03 could 10X in a matter of weeks

Saturday 12 July | 16:30

XRP pumped 25% in just a week, but this new DeFi gem could 15x after listing and leave it in the dust

Friday 11 July | 18:40

As Bitcoin (BTC) eyes $145K, Mutuum Finance (MUTM) presale phase 5 nears completion, just 32% of tokens remain at $0.03

Friday 11 July | 18:10

Mutuum Finance (MUTM)’s beta launch nears as Bitcoin (BTC) reserves hit $1B, will the $0.03 price survive August?

Friday 11 July | 16:30

Ethereum (ETH) breaks $2,500, but this under-the-radar DeFi token may see 15x shortly post listing

Friday 11 July | 15:16

Ripple (XRP) predicted to 10x by next year, but this viral coin could skyrocket 40x in 4 months

Cyprus 4.0

Thursday 29 May | 13:45

Vizus Group: Where vision becomes value

Vizus Group has been transforming the island’s real estate landscape over the past few years. With successful and innovative projects such as Parkside Residence, Hortensia, Urban City, and Malibu, ...

By CM Guest Columnist

Thursday 29 May | 11:00

Experience the future of workplace excellence at Neocleous Tower

Neocleous Tower is a groundbreaking commercial development in central Limassol inviting corporations to discover the next generation of upscale workplace environments. Redefining the work lifestyle model, the tower is also ...

By CM Guest Columnist

Wednesday 28 May | 13:45

Limassol Greens: perfectly balanced lifestyle

A new kind of destination is taking shape on the sun-washed western edge of Limassol, where open landscapes meet the energy of a growing city. It is a place as ...

By CM Guest Columnist

Wednesday 28 May | 11:00

Tor Properties: Shaping the future of sustainable living and working in Limassol

Tor Properties is a leading real estate developer in Limassol, known for its distinct commercial and residential projects. Our designs are environmentally conscious and focus heavily on sustainability, building for ...

By CM Guest Columnist

Tuesday 27 May | 13:45

Korantina Homes: defining premium real estate in Cyprus

With over three decades of experience, Korantina Homes has become synonymous with premium real estate development in Cyprus, delivering award-winning projects that combine elegance, functionality and a deep respect for ...

By CM Guest Columnist

Tuesday 27 May | 09:35

Built to live in, not just to visit: Mike Ivanov on what sets Sunrock apart

Set in the green hillsides of Germasogeia, Limassol, Sunrock is not just another high-end development targeting overseas buyers.Instead, it’s been designed from the ground up for year-round living, ...

By Souzana Psara

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About Us

Business & Finance

European defence spending and its economic effects

Samsung bets on AI foldables to revive smartphone leadership

European defence spending and its economic effects

Cyprus Business Now: weekly wrap-up

Samsung bets on AI foldables to revive smartphone leadership

OPEC+ set to approve big September oil output boost

UK overtakes US as top investment pick for British business leaders

Shell warns of weak Q2 earnings amid chemicals and gas slump

Cyprus Business News

Cyprus Business Now: weekly wrap-up

Cyprus Business Now: Paphos tourism, Finance Minister, building permits, PwC

Cyprus government workforce grows in June

Paphos can target high-spending tourists, says hoteliers’ chief

A field report from the “other” Cyprus tech event

Cyprus building permits fall but value rises to €361.5 million

PwC Cyprus praises investor role in economic transformation

Banking and Finance

Cyprus Business Now: weekly wrap-up

EBA moves to tackle ESG greenwashing in retail banking

Loan costs remain high in Cyprus while depositors see limited returns

Cyprus Business Now: FDI, Skourides, Invest Cyprus, CSE, financial literacy

Algorithmic trading risky without oversight, warns CSE official

Cyprus Business Now: ICT, sanctions, digital euro, disability care debate, RIF

Shipping

Cyprus deputy shipping minister visits UK to boost IMO council bid

Safe Bulkers launches €100K scholarship drive

Satellite deal brings smarter connectivity to global fleets

Shipping minister meets Egyptian official to boost maritime ties

Athens maritime summit highlights welfare, training and digital tools

Larnaca marina set for major upgrades after contract signing

Startups and Innovation

A field report from the “other” Cyprus tech event

Cyprus strengthens ties with UAE in AI and tech collaboration

Tech contest opens to startups from Cyprus and Greece

Deputy minister highlights Cyprus’ innovation momentum

Former minister joins data centre operator as board advisor

Tourism

Paphos can target high-spending tourists, says hoteliers’ chief

Prices soar for British tourists in Cyprus

Jet2 shares fall as 2026 outlook withheld amid booking delays

Property

Cyprus building permits fall but value rises to €361.5 million

Cyprus construction prices up 4.4 per cent from last year

Holiday apartments in Protaras with panoramic sea views, just five minutes from the beach

Cyprus property sales tick up in June, led by Larnaca surge

Energy

OPEC+ set to approve big September oil output boost

‘What do you want me to do? Go to Dhekelia with a screw and do the work myself?’

‘No immediate exploitation’ of Pegasus gas field

Electricity bill tariffs to rise by three per cent

Cryptocurrencies

Investor alert: 72% of this new altcoin gone, will you miss the next 10x breakout?

Avalanche (AVAX) climbed 40% this Month, but this token at just $0.03 could 10X in a matter of weeks

XRP pumped 25% in just a week, but this new DeFi gem could 15x after listing and leave it in the dust

As Bitcoin (BTC) eyes $145K, Mutuum Finance (MUTM) presale phase 5 nears completion, just 32% of tokens remain at $0.03

Mutuum Finance (MUTM)’s beta launch nears as Bitcoin (BTC) reserves hit $1B, will the $0.03 price survive August?

Ethereum (ETH) breaks $2,500, but this under-the-radar DeFi token may see 15x shortly post listing

Ripple (XRP) predicted to 10x by next year, but this viral coin could skyrocket 40x in 4 months

Cyprus 4.0

Vizus Group: Where vision becomes value

Experience the future of workplace excellence at Neocleous Tower

Limassol Greens: perfectly balanced lifestyle

Tor Properties: Shaping the future of sustainable living and working in Limassol

Korantina Homes: defining premium real estate in Cyprus

Built to live in, not just to visit: Mike Ivanov on what sets Sunrock apart