Business & Finance

image Cyprus financial stability risks remain elevated despite resilience, warns CBC

Tuesday 28 July | 15:42

Economy

Cyprus financial stability risks remain elevated despite resilience, warns CBC

The Central Bank of Cyprus (CBC) on Tuesday published its 2025 Financial Stability Report, warning that although Cyprus’ financial system remains resilient, elevated geopolitical tensions, global uncertainty and emerging risks continue ...

By Kyriacos Nicolaou

image Cyprus’ biggest property sales exceed €286 million in first half of 2026

Tuesday 28 July | 12:47

Real estate

Cyprus’ biggest property sales exceed €286 million in first half of 2026

The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm Ask Wire. The ...

By Kyriacos Nicolaou

Tuesday 28 July | 15:42

Economy

Cyprus financial stability risks remain elevated despite resilience, warns CBC

The Central Bank of Cyprus (CBC) on Tuesday published its 2025 Financial Stability Report, warning that although Cyprus’ financial system remains resilient, elevated geopolitical tensions, global uncertainty and emerging risks continue ...

By Kyriacos Nicolaou

Tuesday 28 July | 14:38 Tax Reform

Cyprus tax reform favours higher earners

The Central Bank of Cyprus (CBC) has found that Cyprus’s 2026 personal income tax reform will deliver its largest financial gains to upper-middle-income and high-income households, according to a recently ...

By Kyriacos Nicolaou

Tuesday 28 July | 12:47

Real estate

Cyprus’ biggest property sales exceed €286 million in first half of 2026

The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm Ask Wire. The ...

By Kyriacos Nicolaou

Tuesday 28 July | 10:14

Wealthyhood opens Cypriot and Greek markets to retail investors

Bank of Cyprus official praises innovative digital investment expansion Investment app Wealthyhood x BoC on Tuesday launched trading in Cypriot and Greek stocks, allowing retail investors across Cyprus, Greece and ...

By Kyriacos Nicolaou

Tuesday 28 July |

Updated on 28/7 18:34

Cyprus hails ‘historic milestone’ as Kronos gas field moves to development

Energy Minister Michael Damianos on Tuesday described the consortium’s final investment decision to develop the Kronos natural gas field in Block 6 of Cyprus’ exclusive economic zone (EEZ) as a “...

By Eleni Panayiotou

Tuesday 28 July | 12:30

Cyprus’ AI strategy aims to reshape government and business

Cyprus sets out ambitious roadmap for artificial intelligence Cyprus recently unveiled its National AI Strategy 2032, setting out an ambitious long-term roadmap intended to transform public administration, strengthen economic competitiveness and ...

By Kyriacos Nicolaou

Cyprus Business News

Tuesday 28 July | 17:32

Ellinas Finance posts 2025 dividend to shareholders

Ellinas Finance Public Company Ltd on Tuesday confirmed the posting of dividend payments to eligible shareholders following its 2025 financial year results. The company announced that dividend entitlements were dispatched on ...

By Kyriacos Nicolaou

Tuesday 28 July | 15:42

Economy

Cyprus financial stability risks remain elevated despite resilience, warns CBC

The Central Bank of Cyprus (CBC) on Tuesday published its 2025 Financial Stability Report, warning that although Cyprus’ financial system remains resilient, elevated geopolitical tensions, global uncertainty and emerging risks continue ...

By Kyriacos Nicolaou

Tuesday 28 July | 14:38

Tax Reform

Cyprus tax reform favours higher earners

The Central Bank of Cyprus (CBC) has found that Cyprus’s 2026 personal income tax reform will deliver its largest financial gains to upper-middle-income and high-income households, according to a recently ...

By Kyriacos Nicolaou

Tuesday 28 July | 13:42

Cyprus cooperative bank drive expands with islandwide meetings

A series of 40 islandwide regional meetings aimed at informing the public about the terms of a 42 million share public offering will begin on July 30, 2026, organised by the Pancyprian Cooperative Society ...

By Kyriacos Nicolaou

Tuesday 28 July | 12:47

Real estate

Cyprus’ biggest property sales exceed €286 million in first half of 2026

The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm Ask Wire. The ...

By Kyriacos Nicolaou

Tuesday 28 July | 12:30

Cyprus’ AI strategy aims to reshape government and business

Cyprus sets out ambitious roadmap for artificial intelligence Cyprus recently unveiled its National AI Strategy 2032, setting out an ambitious long-term roadmap intended to transform public administration, strengthen economic competitiveness and ...

By Kyriacos Nicolaou

Tuesday 28 July | 11:44

Petrolina pays final 2025 dividend to shareholders

Petrolina (Holdings) Public Ltd on Tuesday announced that it has paid the final dividend for 2025, amounting to €0.02 per share, with the distribution handled through the Cyprus Stock Exchange’s (CSE) ...

By Kyriacos Nicolaou

Tuesday 28 July | 10:14

Wealthyhood opens Cypriot and Greek markets to retail investors

Bank of Cyprus official praises innovative digital investment expansion Investment app Wealthyhood x BoC on Tuesday launched trading in Cypriot and Greek stocks, allowing retail investors across Cyprus, Greece and ...

By Kyriacos Nicolaou

Tuesday 28 July | 08:00

Citi raises Eurobank earnings outlook ahead of quarterly results

Citi has maintained its ‘buy’ recommendation for Eurobank and reaffirmed its target price of €5 per share, while slightly raising its profitability forecasts for the banking group ahead of its second-quarter ...

By Kyriacos Nicolaou

Tuesday 28 July | 07:30

Cyprus Business Now: tourism, BoC, theme parks, deposits, CFA, share buybacks

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects ...

By Kyriacos Nicolaou

Monday 27 July | 17:32

CySEC waives takeover bid requirement for Petrolina shares

The Cyprus Securities and Exchange Commission (CySEC) announced on Monday that it has granted Dinos Lefkaritis an exemption from the obligation to submit a mandatory public takeover bid following a ...

By Kyriacos Nicolaou

image Cyprus bank deposits climb to €58.7bn in June

Monday 27 July | 15:45

Banking

Cyprus bank deposits climb to €58.7bn in June

Bank deposits and lending in Cyprus both recorded stronger monthly increases in June, according to figures published by the Central Bank of Cyprus (CBC), reflecting continued growth in household and ...

By Kyriacos Nicolaou

Monday 27 July | 13:18

Tourism

Could theme parks reshape Cyprus tourism?

Tourism and business officials examine role of theme parks in Cyprus Cyprus’ efforts to expand its theme park sector could help transform the island into a more diversified, year-round tourism ...

By Kyriacos Nicolaou

Banking and Finance

Tuesday 28 July | 15:42 Economy

Cyprus financial stability risks remain elevated despite resilience, warns CBC

The Central Bank of Cyprus (CBC) on Tuesday published its 2025 Financial Stability Report, warning that although Cyprus’ financial system remains resilient, elevated geopolitical tensions, global uncertainty and emerging risks continue ...

By Kyriacos Nicolaou

Tuesday 28 July | 13:42

Cyprus cooperative bank drive expands with islandwide meetings

A series of 40 islandwide regional meetings aimed at informing the public about the terms of a 42 million share public offering will begin on July 30, 2026, organised by the Pancyprian Cooperative Society ...

By Kyriacos Nicolaou

Tuesday 28 July | 10:14

Wealthyhood opens Cypriot and Greek markets to retail investors

Bank of Cyprus official praises innovative digital investment expansion Investment app Wealthyhood x BoC on Tuesday launched trading in Cypriot and Greek stocks, allowing retail investors across Cyprus, Greece and ...

By Kyriacos Nicolaou

Tuesday 28 July | 08:00

Citi raises Eurobank earnings outlook ahead of quarterly results

Monday 27 July | 15:45 Banking

Cyprus bank deposits climb to €58.7bn in June

Monday 27 July | 12:32 Banking

Bank of Cyprus praised for custody and post-trade services

Shipping

Friday 24 July | 16:09

Cyprus backs safer cargo across Mediterranean

By Souzana Psara

Friday 24 July | 08:17

IMO condemns ‘indefensible’ Red Sea shipping attacks

By Souzana Psara

Friday 24 July | 06:20

Aegean Shipping begins fleet renewal with new tanker

By Kyriacos Nicolaou

Thursday 23 July | 07:58

Northern Sea Route aims to offer exporters faster links to European ports

By Souzana Psara

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

Startups and Innovation

Tuesday 28 July | 12:30

Cyprus’ AI strategy aims to reshape government and business

Cyprus sets out ambitious roadmap for artificial intelligence Cyprus recently unveiled its National AI Strategy 2032, setting out an ambitious long-term roadmap intended to transform public administration, strengthen economic competitiveness and ...

By Kyriacos Nicolaou

Friday 24 July | 15:04

The future is ours to build

By Theodoros Loukaidis, Director General of the Cyprus Research and Innovation Foundation We often speak about young people as the leaders of tomorrow. Truth is, many of them are already ...

By CM Guest Columnist

image Cyprus fintech sector remains top cyber target despite botnet crackdown

Friday 24 July | 14:00

Technology

Cyprus fintech sector remains top cyber target despite botnet crackdown

A major international crackdown on botnet infrastructure has failed to reduce cyber risks facing businesses in Cyprus, according to new data released by cybersecurity company Qrator Labs for the second ...

By Kyriacos Nicolaou

Friday 24 July | 11:30

Technology

How Anthropic IPO could reset private market valuations

The anticipated IPOs of Anthropic and OpenAI could be among the most consequential market events of a generation by setting a benchmark valuation for AI-native firms. Alexey Garyunov, general partner ...

By Kyriacos Nicolaou

Thursday 23 July | 16:02

Technology

Cyprus studio Top App Games hits $50 million in net revenue with hit game Ludus

Cyprus-based mobile game developer Top App Games Ltd announced on Thursday that its strategy RPG Ludus: Merge Arena has passed $50 million in net revenue since launch, with $66 million in gross ...

By Kyriacos Nicolaou

Tourism

Monday 27 July | 13:18 Tourism

Could theme parks reshape Cyprus tourism?

Tourism and business officials examine role of theme parks in Cyprus Cyprus’ efforts to expand its theme park sector could help transform the island into a more diversified, year-round tourism ...

By Kyriacos Nicolaou

Monday 27 July | 11:53

Cyprus hotel bookings trail last year’s record as regional tensions weigh on tourism

Hotel occupancy across Cyprus is averaging around 85 per cent for July and August, noticeably lower than last year’s record levels, with higher energy costs and continued regional instability weighing ...

By Eleni Panayiotou

image Cyprus sees lower air ticket prices in June

Friday 24 July | 16:04

Air travel

Cyprus sees lower air ticket prices in June

Air transport prices in Cyprus fell in June while average air fares across the European Union continued to rise, according to figures released by Eurostat this week. The EU statistical ...

By Kyriacos Nicolaou

Property

Tuesday 28 July | 12:47

Real estate

Cyprus’ biggest property sales exceed €286 million in first half of 2026

The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm Ask Wire. The ...

By Kyriacos Nicolaou

Sunday 26 July | 08:00

European construction sector shows signs of recovery

Construction output across the euro area and the European Union saw a modest rise during May 2026, according to the latest figures released by Eurostat. Seasonally adjusted production grew by 0.4 per ...

By Kyriacos Nicolaou

image Construction sector remains a key pillar of Cyprus economy

Wednesday 22 July | 13:18

Real estate

Construction sector remains a key pillar of Cyprus economy

Employment in Cyprus’ construction sector grows to 39,700 workers amid sustained industry demand Cyprus’ construction sector recorded strong growth in 2024, with value added rising by 10.7 per cent and production expanding across ...

By Kyriacos Nicolaou

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

Energy

image Cyprus hails ‘historic milestone’ as Kronos gas field moves to development

Tuesday 28 July |

Updated on 28/7 18:34

Cyprus hails ‘historic milestone’ as Kronos gas field moves to development

Energy Minister Michael Damianos on Tuesday described the consortium’s final investment decision to develop the Kronos natural gas field in Block 6 of Cyprus’ exclusive economic zone (EEZ) as a “...

By Eleni Panayiotou

Monday 27 July | 13:06

Cyprus petroleum sales decline as fuel prices remain elevated

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects ...

By Kyriacos Nicolaou

Sunday 26 July | 13:46

Storage batteries to arrive in Cyprus by January 2027, energy minister says

Electricity storage batteries are expected to arrive in Cyprus in January 2027, with installations due to be completed before the summer, Energy Minister Michael Damianos said on Sunday. Damianos said contracts ...

By Marko Ljubicic

Thursday 23 July | 19:56

EAC unions suspend strike action until September

The Electricity Authority of Cyprus’ (EAC) trade unions, Epopai, Sidikek, Sepaik and Syvaik, announced on Thursday that they had suspended planned strike action until September, citing the “difficult conditions” facing ...

By Johanna Pauls

Market spotlight

Tuesday 28 July | 13:15

Elias Neocleous law firm retains Band 1 ranking in 2026 Chambers High Net Worth Guide

By Press Release

Tuesday 28 July | 11:27

Eurobank supports next generation on their path to knowledge, independence

By Press Release

Tuesday 28 July | 11:18

Kotsovolos means Summer Sales… it’s madness!

By Press Release

Tuesday 28 July | 10:53

Insure your business online now, with Anytime

By Press Release

Tuesday 28 July | 10:39

AGKOSA: smart, practical cleaning solutions for the modern home

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

Monday 06 July | 15:00

Leptos Group builds on six decades of growth and success

Landmark projects in Cyprus and Greece sees the Leptos Group expand its footprint across property, hospitality and luxury living Over more than 65 years of entrepreneurial activity, the Leptos Group has ...

By CM Guest Columnist

Cryptocurrencies

Monday 27 July | 22:00

Over 13,000 banks have already connected to the XRP ecosystem, and EX DeFi generates $3,000 in daily returns for XRP holders.

By CM Guest Columnist

Sunday 26 July | 10:00

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About Us

Business & Finance

Cyprus financial stability risks remain elevated despite resilience, warns CBC

Cyprus’ biggest property sales exceed €286 million in first half of 2026

Cyprus financial stability risks remain elevated despite resilience, warns CBC

Cyprus tax reform favours higher earners

Cyprus’ biggest property sales exceed €286 million in first half of 2026

Wealthyhood opens Cypriot and Greek markets to retail investors

Cyprus hails ‘historic milestone’ as Kronos gas field moves to development

Cyprus’ AI strategy aims to reshape government and business

Cyprus Business News

Ellinas Finance posts 2025 dividend to shareholders

Cyprus financial stability risks remain elevated despite resilience, warns CBC

Cyprus tax reform favours higher earners

Cyprus cooperative bank drive expands with islandwide meetings

Cyprus’ biggest property sales exceed €286 million in first half of 2026

Cyprus’ AI strategy aims to reshape government and business

Petrolina pays final 2025 dividend to shareholders

Wealthyhood opens Cypriot and Greek markets to retail investors

Citi raises Eurobank earnings outlook ahead of quarterly results

Cyprus Business Now: tourism, BoC, theme parks, deposits, CFA, share buybacks

CySEC waives takeover bid requirement for Petrolina shares

Cyprus bank deposits climb to €58.7bn in June

Could theme parks reshape Cyprus tourism?

Banking and Finance

Cyprus financial stability risks remain elevated despite resilience, warns CBC

Cyprus cooperative bank drive expands with islandwide meetings

Wealthyhood opens Cypriot and Greek markets to retail investors

Citi raises Eurobank earnings outlook ahead of quarterly results

Cyprus bank deposits climb to €58.7bn in June

Bank of Cyprus praised for custody and post-trade services

Shipping

Cyprus backs safer cargo across Mediterranean

IMO condemns ‘indefensible’ Red Sea shipping attacks

Aegean Shipping begins fleet renewal with new tanker

Northern Sea Route aims to offer exporters faster links to European ports

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

European shipowners want carbon billions back

Startups and Innovation

Cyprus’ AI strategy aims to reshape government and business

The future is ours to build

Cyprus fintech sector remains top cyber target despite botnet crackdown

How Anthropic IPO could reset private market valuations

Cyprus studio Top App Games hits $50 million in net revenue with hit game Ludus

Tourism

Could theme parks reshape Cyprus tourism?

Cyprus hotel bookings trail last year’s record as regional tensions weigh on tourism

Cyprus sees lower air ticket prices in June

Property

Cyprus’ biggest property sales exceed €286 million in first half of 2026

European construction sector shows signs of recovery

Construction sector remains a key pillar of Cyprus economy

Cyprus building costs climb again

Energy

Cyprus hails ‘historic milestone’ as Kronos gas field moves to development

Cyprus petroleum sales decline as fuel prices remain elevated

Storage batteries to arrive in Cyprus by January 2027, energy minister says

EAC unions suspend strike action until September

Market spotlight

Elias Neocleous law firm retains Band 1 ranking in 2026 Chambers High Net Worth Guide

Eurobank supports next generation on their path to knowledge, independence

Kotsovolos means Summer Sales… it’s madness!

Insure your business online now, with Anytime

AGKOSA: smart, practical cleaning solutions for the modern home

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

Over 13,000 banks have already connected to the XRP ecosystem, and EX DeFi generates $3,000 in daily returns for XRP holders.

Tokenisation could reshape global finance, IMF warns

XRP poised for breakthrough in the Trump era: Price could surge 100-fold to $100 following Genius Act proposal

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