Business & Finance

Friday 30 January | 16:39 Economy

Domestic demand set to drive robust economic momentum in Cyprus

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

By Kyriacos Nicolaou

Friday 30 January | 14:33

Cyprus sees lower unemployment despite rise in youth joblessness

Cyprus’ seasonally adjusted unemployment rate fell to 4.3 per cent in December 2025, according to Eurostat, highlighting improved labour market conditions compared with a year earlier. The statistical office of the European ...

By Kyriacos Nicolaou

Friday 30 January | 16:39 Economy

Domestic demand set to drive robust economic momentum in Cyprus

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

By Kyriacos Nicolaou

Friday 30 January | 16:56

Cyprus household financial assets hit €63bn — debt steady at 55 per cent of GDP

Cyprus household financial assets rose to €63 billion at the end of September 2025, with more than half held in liquid and loan-related instruments, according the Central Bank of Cyprus (CBC). According ...

By Kyriacos Nicolaou

Friday 30 January | 14:33

Cyprus sees lower unemployment despite rise in youth joblessness

Cyprus’ seasonally adjusted unemployment rate fell to 4.3 per cent in December 2025, according to Eurostat, highlighting improved labour market conditions compared with a year earlier. The statistical office of the European ...

By Kyriacos Nicolaou

Friday 30 January | 14:14

Cyprus minimum wage remains below EU high earners

Cyprus’ national minimum wage has reached €1,088 per month, placing the country among mid-range earners in the European Union, according to Eurostat. The figures showed that 22 out of 27 EU countries had ...

By Kyriacos Nicolaou

Friday 30 January | 14:09

Cyprus strengthens Gulf ties with new business council

Cyprus expanded its economic, technological and energy engagement with the UAE and the wider Gulf in 2025 through a series of trade, investment and institutional initiatives coordinated by the Cyprus Trade ...

By Souzana Psara

Friday 30 January | 19:01

Malekkos takes over as CITEA president, outlines AI and education focus

George Malekkos has taken over the presidency of the Cyprus Information Technology Enterprises Association (CITEA), setting out priorities centred on member value, artificial intelligence and closer cooperation with the state ...

By Souzana Psara

Cyprus Business News

Friday 30 January | 19:01

Malekkos takes over as CITEA president, outlines AI and education focus

George Malekkos has taken over the presidency of the Cyprus Information Technology Enterprises Association (CITEA), setting out priorities centred on member value, artificial intelligence and closer cooperation with the state ...

By Souzana Psara

Friday 30 January | 16:56

Cyprus household financial assets hit €63bn — debt steady at 55 per cent of GDP

Cyprus household financial assets rose to €63 billion at the end of September 2025, with more than half held in liquid and loan-related instruments, according the Central Bank of Cyprus (CBC). According ...

By Kyriacos Nicolaou

Friday 30 January | 16:39 Economy

Domestic demand set to drive robust economic momentum in Cyprus

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

By Kyriacos Nicolaou

Friday 30 January | 14:33

Cyprus sees lower unemployment despite rise in youth joblessness

Cyprus’ seasonally adjusted unemployment rate fell to 4.3 per cent in December 2025, according to Eurostat, highlighting improved labour market conditions compared with a year earlier. The statistical office of the European ...

By Kyriacos Nicolaou

Friday 30 January | 14:22

Cyprus growth outlook steady as EU GDP expands in late 2025

Eurostat has reported steady economic growth across the European Union over the fourth quarter of 2025, a trend which Cyprus is expected to mirror, and potentially outperform, over the coming years. ...

By Kyriacos Nicolaou

Friday 30 January | 14:14

Cyprus minimum wage remains below EU high earners

Cyprus’ national minimum wage has reached €1,088 per month, placing the country among mid-range earners in the European Union, according to Eurostat. The figures showed that 22 out of 27 EU countries had ...

By Kyriacos Nicolaou

Friday 30 January | 14:09

Cyprus strengthens Gulf ties with new business council

Cyprus expanded its economic, technological and energy engagement with the UAE and the wider Gulf in 2025 through a series of trade, investment and institutional initiatives coordinated by the Cyprus Trade ...

By Souzana Psara

Banking and Finance

Friday 30 January | 16:56

Cyprus household financial assets hit €63bn — debt steady at 55 per cent of GDP

Cyprus household financial assets rose to €63 billion at the end of September 2025, with more than half held in liquid and loan-related instruments, according the Central Bank of Cyprus (CBC). According ...

By Kyriacos Nicolaou

Friday 30 January | 16:39 Economy

Domestic demand set to drive robust economic momentum in Cyprus

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

By Kyriacos Nicolaou

Friday 30 January | 11:40

Cyprus card usage reaches second-highest level in the euro area

Cypriots are increasingly turning to card payments, placing the country among the eurozone’s top adopters of non-cash transactions, data published this week by the European Central Bank (ECB) showed. ...

By Souzana Psara

Thursday 29 January | 15:58

Cyprus banks see strong December growth in deposits and loans

Thursday 29 January | 14:19

Eurobank at the centre of new financial bridge between India and Cyprus

Thursday 29 January | 09:28

CySEC launches economy impact survey for supervised entities

Shipping

Friday 30 January | 08:00 Shipping

Limassol to host global shipping leaders for annual maritime forum

By Souzana Psara

Thursday 29 January | 11:04

Salamis Lines’ largest cargo ship Patris arrives in Limassol

By Souzana Psara

Thursday 29 January | 07:40

Seafarer welfare must be top of the agenda, says ICS chief

By Souzana Psara

Tuesday 27 January | 13:13

Ports authority unveils €41.5m plan to expand Latchi port

By Souzana Psara

Tuesday 27 January | 10:56

Cyprus and ECSA discuss future of European shipping competitiveness

By Souzana Psara

Monday 26 January | 06:00

Ferry fares rise as carbon emissions trading takes financial toll

By Kyriacos Nicolaou

Startups and Innovation

Friday 30 January | 19:01

Malekkos takes over as CITEA president, outlines AI and education focus

George Malekkos has taken over the presidency of the Cyprus Information Technology Enterprises Association (CITEA), setting out priorities centred on member value, artificial intelligence and closer cooperation with the state ...

By Souzana Psara

Thursday 29 January | 12:31

Cypriot firm wins three awards for use of AI and data in real estate analytics

Cypriot real estate analytics firm Ask Wire secured two Gold Awards and a Platinum distinction at the AI and Data Awards 2026, held recently in Athens, for its practical application of ...

By Souzana Psara

Thursday 29 January | 10:02

Cyprus startups invited to MWC Open Innovation Challenge 2026

The Enterprise Europe Network (EEN) Cyprus has issued an invitation for local small and medium-sized enterprises and startups to participate in the upcoming MWC Open Innovation Challenge 2026. This international business ...

By Kyriacos Nicolaou

Thursday 29 January | 09:02

Cyprus businesses urged to explore 300 digital services for agriculture

The Enterprise Europe Network (EEN) in Cyprus, in collaboration with the Agrifood and Digitalisation Sector Groups, will host an introductory webinar on February 10, 2025, to present the agrifood Testing and Experimentation ...

By Kyriacos Nicolaou

Wednesday 28 January | 11:44

Eurobank extends backing for Cyprus innovation and startup development

Eurobank on Wednesday announced that it renewed its cooperation agreement with the non-profit organisation Cyprus Seeds for a seventh consecutive year in January 2026, reaffirming its long-term commitment to innovation, scientific ...

By Kyriacos Nicolaou

Tourism

Thursday 29 January | 13:48 Tourism

Cyprus tourism revenue hits €3.6bn — Israeli visitors highest daily spenders

Tourism revenue in Cyprus rose sharply in November 2025, with total receipts reaching €168 million, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). The increase represents a 21.1 ...

By Kyriacos Nicolaou

Wednesday 28 January | 11:54

Limassol emerges as gateway for cruises and conference tourism

Cyprus continues to project a positive image as a tourism destination, but “constant vigilance” remains necessary given the geopolitical volatility in the wider region, the general director of the Cyprus ...

By Souzana Psara

Tuesday 27 January | 12:05

Larnaca hosts first open day for aspiring aviators in Cyprus

The Wizz Air Pilot Academy hosted its inaugural open day in Larnaca on January 25, in order to introduce prospective candidates to its professional flight training opportunities in Cyprus. Attendees received ...

By Kyriacos Nicolaou

Property

Thursday 29 January | 12:34

Limassol remains most expensive city in Cyprus as housing costs soar

Limassol continues to set the cost benchmark in Cyprus, driven primarily by sustained pressure on housing, while higher prices also extend into restaurants, leisure and private services, according to Numbeo’...

By Souzana Psara

Thursday 29 January | 12:31

Cypriot firm wins three awards for use of AI and data in real estate analytics

Cypriot real estate analytics firm Ask Wire secured two Gold Awards and a Platinum distinction at the AI and Data Awards 2026, held recently in Athens, for its practical application of ...

By Souzana Psara

Thursday 29 January | 06:30

Cost of farmland across the EU climbs sharply

The average price of one hectare of arable land in the European Union reached €15,224 in 2024, marking a rise of 6.1 per cent compared with €14,343 in 2023, according to new data released by ...

By Kyriacos Nicolaou

Tuesday 27 January | 09:44

Development with limits: nuisance as a legal and social issue

Construction activity constitutes a fundamental pillar of economic growth and urban development. In recent years, particularly in urban centres, the intensity and pace of development have significantly altered the built ...

By George Coucounis

Energy

Wednesday 28 January | 06:00

Record output lifts Energean to top end of 2025 guidance

Energean plc announced during its stock market update for preliminary 2025 results that the fourth quarter of 2025 was the strongest production quarter in the company’s history. The company stated the ...

By Kyriacos Nicolaou

Tuesday 27 January | 13:26

Cyprus petroleum sales rise in December

The total sales of petroleum products in Cyprus rose by 4.9 per cent in December 2025 compared with the same month a year earlier, data released by the Statistical Service (Cystat) showed ...

By Souzana Psara

Tuesday 27 January | 12:44

Greece seeks cost review of undersea power link in pursuit of investors

Greece will hire an external adviser to review costs for a stalled project to build one of the world’s largest undersea power cable and link mainland Europe to Cyprus, ...

By Reuters News Service

Monday 26 January | 14:57

Cyprus records slight dip in renewable energy use

The European Union reached a record high in the use of renewable energy for heating and cooling in 2024, according to Eurostat, with the total share climbing to 26.7 per cent during ...

By Kyriacos Nicolaou

Market spotlight

Friday 30 January | 15:29

Swarovski unveils 2026 Valentine’s Day collection ‘Charming Love’

By Press Release

Friday 30 January | 12:00

Celebrating young creativity at the “Frou Frou – My dream biscuit” Awards

By Press Release

Friday 30 January | 11:21

Celestyal introduces in-cabin tablets to enhance guest experience

By Press Release

Friday 30 January | 11:04

Columbia Beach Resort marks Valentine’s Day with a refined gastronomic experience

By Press Release

Thursday 29 January | 12:39

Lidl Cyprus supports fifth mind REset initiative to showcase kids’ green ideas

By Press Release

Cyprus 4.0

Wednesday 24 December 2025 | 15:30

She entered IT as an ‘experiment’. She stayed as a leader

A little over five years ago, Antonina Zinovenko, now manager of art department at Wargaming, stepped away from media and advertising and into IT, carrying no technical background whatsoever, only ...

By Souzana Psara

Wednesday 24 December 2025 | 12:10

Cyprus innovation on the rise: Broadening participation and opportunity

By Marilena Paraskeva Marilena Paraskeva is Head of Funding Programmes at the Research & Innovation Foundation Cyprus is steadily strengthening its position as a regional hub for research and innovation. ...

By CM Guest Columnist

Tuesday 23 December 2025 | 15:30

At the intersection of tech, communication and community: Artemis Pnevmatikou’s story

Her path was shaped less by long term plans and more by a curiosity that carried her across industries, until TechIsland offered a mission that immediately resonated with her. As ...

By Souzana Psara

Tuesday 23 December 2025 | 12:00

Why Cyprus tech needs more women CEOs and board members

Eurostat data shows Cyprus has seen rapid growth in ICT employment over the past decade, with the strongest gains among women. A Cyprus Mail report, citing Eurostat, puts average annual ...

By Panis Pieri

Monday 22 December 2025 | 15:30

How Tanya Romanyukha is helping Cyprus think bigger about tech

Tanya Romanyukha, General Manager of TechIsland and Leader of the Women in Tech Cyprus chapter, has spent the past decade building and connecting tech communities across Ukraine, the US, Europe ...

By Souzana Psara

image Liudmila Marochkina on leading technology through systems, not code

Monday 22 December 2025 | 12:00

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About Us

Business & Finance

Domestic demand set to drive robust economic momentum in Cyprus

Cyprus sees lower unemployment despite rise in youth joblessness

Domestic demand set to drive robust economic momentum in Cyprus

Cyprus household financial assets hit €63bn — debt steady at 55 per cent of GDP

Cyprus sees lower unemployment despite rise in youth joblessness

Cyprus minimum wage remains below EU high earners

Cyprus strengthens Gulf ties with new business council

Malekkos takes over as CITEA president, outlines AI and education focus

Cyprus Business News

Malekkos takes over as CITEA president, outlines AI and education focus

Cyprus household financial assets hit €63bn — debt steady at 55 per cent of GDP

Domestic demand set to drive robust economic momentum in Cyprus

Cyprus sees lower unemployment despite rise in youth joblessness

Cyprus growth outlook steady as EU GDP expands in late 2025

Cyprus minimum wage remains below EU high earners

Cyprus strengthens Gulf ties with new business council

Banking and Finance

Cyprus household financial assets hit €63bn — debt steady at 55 per cent of GDP

Domestic demand set to drive robust economic momentum in Cyprus

Cyprus card usage reaches second-highest level in the euro area

Cyprus banks see strong December growth in deposits and loans

Eurobank at the centre of new financial bridge between India and Cyprus

CySEC launches economy impact survey for supervised entities

Shipping

Limassol to host global shipping leaders for annual maritime forum

Salamis Lines’ largest cargo ship Patris arrives in Limassol

Seafarer welfare must be top of the agenda, says ICS chief

Ports authority unveils €41.5m plan to expand Latchi port

Cyprus and ECSA discuss future of European shipping competitiveness

Ferry fares rise as carbon emissions trading takes financial toll

Startups and Innovation

Malekkos takes over as CITEA president, outlines AI and education focus

Cypriot firm wins three awards for use of AI and data in real estate analytics

Cyprus startups invited to MWC Open Innovation Challenge 2026

Cyprus businesses urged to explore 300 digital services for agriculture

Eurobank extends backing for Cyprus innovation and startup development

Tourism

Cyprus tourism revenue hits €3.6bn — Israeli visitors highest daily spenders

Limassol emerges as gateway for cruises and conference tourism

Larnaca hosts first open day for aspiring aviators in Cyprus

Property

Limassol remains most expensive city in Cyprus as housing costs soar

Cypriot firm wins three awards for use of AI and data in real estate analytics

Cost of farmland across the EU climbs sharply

Development with limits: nuisance as a legal and social issue

Energy

Record output lifts Energean to top end of 2025 guidance

Cyprus petroleum sales rise in December

Greece seeks cost review of undersea power link in pursuit of investors

Cyprus records slight dip in renewable energy use

Market spotlight

Swarovski unveils 2026 Valentine’s Day collection ‘Charming Love’

Celebrating young creativity at the “Frou Frou – My dream biscuit” Awards

Celestyal introduces in-cabin tablets to enhance guest experience

Columbia Beach Resort marks Valentine’s Day with a refined gastronomic experience

Lidl Cyprus supports fifth mind REset initiative to showcase kids’ green ideas

Cyprus 4.0

She entered IT as an ‘experiment’. She stayed as a leader

Cyprus innovation on the rise: Broadening participation and opportunity

At the intersection of tech, communication and community: Artemis Pnevmatikou’s story

Why Cyprus tech needs more women CEOs and board members

How Tanya Romanyukha is helping Cyprus think bigger about tech

Liudmila Marochkina on leading technology through systems, not code

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