Business & Finance

Monday 19 May | 15:23 Economy

Cyprus economy to grow 3 per cent in 2025, says European Commission

Cyprus’ economy is expected to continue growing at a robust pace in 2025 and 2026, according to the European Commission’s Spring 2025 Economic Forecast released on Monday. Specifically, growth is expected to ...

By Kyriacos Nicolaou

Monday 19 May | 16:24

Cyprus inflation rises 1.4 per cent year-on-year in April

Consumer prices in Cyprus rose by 1.4 per cent in April 2025 compared with the same month a year earlier, according to the Harmonised Index of Consumer Prices (HICP) published by the ...

By Kyriacos Nicolaou

Monday 19 May | 15:23 Economy

Cyprus economy to grow 3 per cent in 2025, says European Commission

Cyprus’ economy is expected to continue growing at a robust pace in 2025 and 2026, according to the European Commission’s Spring 2025 Economic Forecast released on Monday. Specifically, growth is expected to ...

By Kyriacos Nicolaou

Monday 19 May | 12:48

Limassol affordable homes project to begin construction by June

Cyprus is moving ahead with its first affordable rental housing scheme, with construction on the initial phase of a new development in Limassol expected to begin by June, according to ...

By Souzana Psara

Monday 19 May | 16:24

Cyprus inflation rises 1.4 per cent year-on-year in April

Consumer prices in Cyprus rose by 1.4 per cent in April 2025 compared with the same month a year earlier, according to the Harmonised Index of Consumer Prices (HICP) published by the ...

By Kyriacos Nicolaou

Monday 19 May | 13:44 Banking

Cyprus Development Bank posts €4.09m profit for 2024

The Cyprus Development Bank (cdbbank) on Monday released its financial results for 2024, posting a profit after tax of €4.09 million. This represents a decline of approximately 41 per cent year-on-year, from the ...

By Kyriacos Nicolaou

Monday 19 May | 11:29

Cyprus estate agents fight proposed legal monopoly on property contracts

The Cyprus Real Estate Agents Registration Council on Monday again voiced concerns over a proposed law that would require all rental and sale contracts for real estate to be drawn ...

By Kyriacos Nicolaou

Monday 19 May | 13:59

Religious holiday overlap boosts Cyprus airport traffic in April

Cyprus residents made 164,844 trips abroad in April, marking a 24.1 per cent increase compared with the 132,806 trips recorded in April of last year, according to data released by the statistical service ...

By Souzana Psara

Cyprus Business News

Monday 19 May | 16:24

Cyprus inflation rises 1.4 per cent year-on-year in April

Consumer prices in Cyprus rose by 1.4 per cent in April 2025 compared with the same month a year earlier, according to the Harmonised Index of Consumer Prices (HICP) published by the ...

By Kyriacos Nicolaou

Monday 19 May | 15:23 Economy

Cyprus economy to grow 3 per cent in 2025, says European Commission

Cyprus’ economy is expected to continue growing at a robust pace in 2025 and 2026, according to the European Commission’s Spring 2025 Economic Forecast released on Monday. Specifically, growth is expected to ...

By Kyriacos Nicolaou

Monday 19 May | 13:59

Religious holiday overlap boosts Cyprus airport traffic in April

Cyprus residents made 164,844 trips abroad in April, marking a 24.1 per cent increase compared with the 132,806 trips recorded in April of last year, according to data released by the statistical service ...

By Souzana Psara

Monday 19 May | 13:44 Banking

Cyprus Development Bank posts €4.09m profit for 2024

The Cyprus Development Bank (cdbbank) on Monday released its financial results for 2024, posting a profit after tax of €4.09 million. This represents a decline of approximately 41 per cent year-on-year, from the ...

By Kyriacos Nicolaou

Monday 19 May | 12:48

Limassol affordable homes project to begin construction by June

Cyprus is moving ahead with its first affordable rental housing scheme, with construction on the initial phase of a new development in Limassol expected to begin by June, according to ...

By Souzana Psara

Monday 19 May | 11:57

Skills and optimism rise but fear still deters Cyprus entrepreneurs

Cyprus has reported a notable rise in early-stage entrepreneurial activity and public optimism, according to the latest Global Entrepreneurship Monitor (GEM) survey presented at the University of Cyprus. Despite this, ...

By Souzana Psara

Monday 19 May | 11:29

Cyprus estate agents fight proposed legal monopoly on property contracts

The Cyprus Real Estate Agents Registration Council on Monday again voiced concerns over a proposed law that would require all rental and sale contracts for real estate to be drawn ...

By Kyriacos Nicolaou

Banking and Finance

Monday 19 May | 13:44 Banking

Cyprus Development Bank posts €4.09m profit for 2024

The Cyprus Development Bank (cdbbank) on Monday released its financial results for 2024, posting a profit after tax of €4.09 million. This represents a decline of approximately 41 per cent year-on-year, from the ...

By Kyriacos Nicolaou

Sunday 18 May | 09:00

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting May 12: A new chapter in trilateral economic relations between India, Greece, and Cyprus was officially opened on Friday ...

By Souzana Psara

Friday 16 May | 17:53

Three new senior executives join Alpha Bank Cyprus

Alpha Bank Cyprus on Friday announced the addition of three seasoned professionals to its senior management team. The bank said that the new additions will “reinforce its leadership structure to ...

By Kyriacos Nicolaou

Friday 16 May | 15:48

India-Greece-Cyprus trade council launched in Limassol

Friday 16 May | 15:06

TechIsland Summit: Cyprus ICT sector’s economic impact soars to €8.5 billion

Friday 16 May | 14:43

Bank of Cyprus expects limited impact from tariffs, reports record profits

Shipping

Monday 19 May | 10:46

Women in maritime still face rough seas despite louder voices

By Souzana Psara

Monday 19 May | 10:34

Safe Bulkers awards scholarships to eight CyMA cadets for second year

By Souzana Psara

Friday 16 May | 09:30

Cyprus backs stronger EU shipping sector at Szczecin Council

By Souzana Psara

Thursday 15 May | 13:02

Celestyal doubles Gulf cruise presence with expanded Qatar deal

By Kyriacos Nicolaou

Wednesday 14 May | 14:10

Transport Minister confirms progress on Larnaca marina and port redevelopment

By Kyriacos Nicolaou

Tuesday 13 May | 06:30

TEENS academy expands to prepare cadets for modern shipping roles

By Souzana Psara

Startups and Innovation

Monday 19 May | 10:57

Doers United at Reflect Festival 2025: Limassol Hosts 10,000+ Doers from EMEA

Startups, investors, and technology experts gathered once again in Limassol on 15–16 May for Reflect Festival 2025. Cyprus’ flagship technology and entrepreneurial event delivered another impactful two-day edition packed with discussions, networking, ...

By Press Release

Saturday 17 May | 09:30

Tech boom puts pressure on Cyprus’ private school infrastructure

As Cyprus steps up its efforts to attract international talent and long-term investment, the country’s private education system is facing growing scrutiny, with capacity constraints emerging as a major ...

By Souzana Psara

Friday 16 May | 15:06

TechIsland Summit: Cyprus ICT sector’s economic impact soars to €8.5 billion

Cyprus’ largest tech association, TechIsland, successfully hosted the TechIsland Summit 2025 in Limassol, its flagship annual gathering and a key stage of this year’s Reflect Festival. Bringing together leading figures ...

By Souzana Psara

Friday 16 May | 09:35 ICT

Cyprus tech firms back government brain gain campaign

As Cyprus’ technology sector continues to grow, the country is shifting its focus from attracting foreign professionals to convincing Cypriots abroad to come home. That was the message from a ...

By Souzana Psara

Thursday 15 May | 17:13 Startups

President affirms commitment to tech sector at Reflect Festival 2025

The government of Cyprus does not wish to stand in the way but rather be part of the journey of innovation and technology, according to president Nikos Christodoulides. The president ...

By Kyriacos Nicolaou

Tourism

Monday 19 May | 13:59

Religious holiday overlap boosts Cyprus airport traffic in April

Cyprus residents made 164,844 trips abroad in April, marking a 24.1 per cent increase compared with the 132,806 trips recorded in April of last year, according to data released by the statistical service ...

By Souzana Psara

Thursday 15 May | 14:42 Tourism

Cyprus tourism hits record number, Koumis praises collective effort

The only way for the tourism sector to continue its upward trajectory and its significant contribution to the Cypriot economy is through collective effort, according to Deputy Minister of Tourism ...

By Kyriacos Nicolaou

Thursday 15 May | 08:00 Tourism

Cyprus leads southern European tourism surge in early 2025

Cyprus has emerged as one of the standout performers in European tourism at the start of 2025, recording a 15.4 per cent increase in international arrivals compared to the same period last ...

By Kyriacos Nicolaou

Property

Monday 19 May | 12:48

Limassol affordable homes project to begin construction by June

Cyprus is moving ahead with its first affordable rental housing scheme, with construction on the initial phase of a new development in Limassol expected to begin by June, according to ...

By Souzana Psara

Monday 19 May | 11:30

Transfer of business and employees

The concern for an employee for safeguarding his rights in the event of a transfer of an undertaking, establishment or part of an undertaking to another employer, as a result ...

By George Coucounis

Monday 19 May | 11:29

Cyprus estate agents fight proposed legal monopoly on property contracts

The Cyprus Real Estate Agents Registration Council on Monday again voiced concerns over a proposed law that would require all rental and sale contracts for real estate to be drawn ...

By Kyriacos Nicolaou

Friday 16 May | 07:50

Cyprus real estate council welcomes new rules on daily rentals

The Cyprus Real Estate Agents Registration Council this week expressed its satisfaction with the recent initiatives aimed at regulating the issue of daily property rentals. In an official statement, the ...

By Kyriacos Nicolaou

Energy

Monday 19 May | 19:43

RES windfall tax plan hits pushback in House

A proposal to tax the ‘windfall’ profits of producers and suppliers of renewables-generated electricity ran into stiff opposition from industry but also the government during a parliamentary debate on Monday. ...

By Elias Hazou

Monday 19 May | 13:30

EAC union sounds voice of doom over summer energy supply

The summer will find Cyprus “completely unprepared” in terms of energy sufficiency, Marios Papoutis, head of the EAC’s technical employees’ union (Sekaik) warned on Monday. Speaking on CyBC, the ...

By Iole Damaskinos

Monday 19 May | 13:05

Cyprus to launch large-scale battery system within 16 months

Cyprus will have its first large-scale electricity storage system operational within the next 16 months, the energy minister said on Monday. Speaking at the Green Agenda Cyprus Summit in Nicosia, George ...

By Charalambos Stylianou

Monday 19 May | 09:30

SMRs can be a game changer in EU energy transition, says former CERA chief

France and Germany are moving towards a joint European energy policy based on technological neutrality, marking a new phase in nuclear energy, according to Andreas Poullikkas, professor of energy systems ...

By Kyriacos Nicolaou

Cryptocurrencies

Monday 19 May | 18:40

Solana defies bears, holds strong with eyes on $210 as Mutuum Finance looks to be the next Crypto to explode

By CM Guest Columnist

Monday 19 May | 18:10

How MUTM could turn a $500 entry into $5,000 — Without meme hype or market games

Monday 19 May | 16:30

MUTM price prediction hits $3.80 based on current metrics — And it’s still at just $0.025

Sunday 18 May | 18:40

MUTM and DOGE price prediction – Next Cryptocurrencies to hit $1?

Sunday 18 May | 18:10

Whales are holding onto MUTM while retail chases hype — What do they know?

Sunday 18 May | 16:30

ADA and XRP holders are watching MUTM closely — And it’s still trading under $0.03

Saturday 17 May | 18:40

When will $500 in Mutuum Finance become half a million?

Cyprus 4.0

Wednesday 29 January | 15:30

Local startup scene needs bigger risks

As the founder of Panis Media, a growth marketing agency dedicated to propelling startups and tech-enabled organisations to new heights, Panis blends over two decades of experience in digital marketing, ...

By Kyriacos Nicolaou

Wednesday 29 January | 12:25

The smart property shift: How Placy’s AI is leading the charge

Meet the visionaries behind Placy After my meeting with Sotiris Komodromos, it’s clear that the realm of real estate is on the brink of a tech-driven transformation. As the ...

By Souzana Psara

Monday 27 January | 13:15

Cyprus emerges as a tech powerhouse

Chairman of TechIsland and General Manager at Wargaming, Valentinos Polykarpou, has played a key role in turning Cyprus into a burgeoning tech hub. Over the past three and a half ...

By Souzana Psara

Monday 27 January | 11:00

EnergyIntel: Redefining Cyprus’ energy landscape with innovation and sustainability

As the CEO of EnergyIntel, I take immense pride in sharing our journey of innovation and our vision for a sustainable energy future. In an age where sustainability is no ...

By CM Guest Columnist

Sunday 26 January | 13:30

Redefining marketing through boldness and innovation

At the helm of its marketing vision is Chief Marketing Officer, Alina Miroshnychenko, who has recently won the prestigious Women Tabloid Award for Best Emerging Woman CMO, and has played ...

By Kyriacos Nicolaou

Sunday 26 January | 10:30

Leading the tech frontier: Inside DC Sport Soft’s innovative approach

Under the leadership of CEO Liudmila Marochkina and supporting her team of professionals, the company has built a reputation for delivering end-to-end digital solutions tailored to meet complex challenges. Beyond ...

By Kyriacos Nicolaou

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Business & Finance

Cyprus economy to grow 3 per cent in 2025, says European Commission

Cyprus inflation rises 1.4 per cent year-on-year in April

Cyprus economy to grow 3 per cent in 2025, says European Commission

Limassol affordable homes project to begin construction by June

Cyprus inflation rises 1.4 per cent year-on-year in April

Cyprus Development Bank posts €4.09m profit for 2024

Cyprus estate agents fight proposed legal monopoly on property contracts

Religious holiday overlap boosts Cyprus airport traffic in April

Cyprus Business News

Cyprus inflation rises 1.4 per cent year-on-year in April

Cyprus economy to grow 3 per cent in 2025, says European Commission

Religious holiday overlap boosts Cyprus airport traffic in April

Cyprus Development Bank posts €4.09m profit for 2024

Limassol affordable homes project to begin construction by June

Skills and optimism rise but fear still deters Cyprus entrepreneurs

Cyprus estate agents fight proposed legal monopoly on property contracts

Banking and Finance

Cyprus Development Bank posts €4.09m profit for 2024

Cyprus Business Now: weekly wrap-up

Three new senior executives join Alpha Bank Cyprus

India-Greece-Cyprus trade council launched in Limassol

TechIsland Summit: Cyprus ICT sector’s economic impact soars to €8.5 billion

Bank of Cyprus expects limited impact from tariffs, reports record profits

Shipping

Women in maritime still face rough seas despite louder voices

Safe Bulkers awards scholarships to eight CyMA cadets for second year

Cyprus backs stronger EU shipping sector at Szczecin Council

Celestyal doubles Gulf cruise presence with expanded Qatar deal

Transport Minister confirms progress on Larnaca marina and port redevelopment

TEENS academy expands to prepare cadets for modern shipping roles

Startups and Innovation

Doers United at Reflect Festival 2025: Limassol Hosts 10,000+ Doers from EMEA

Tech boom puts pressure on Cyprus’ private school infrastructure

TechIsland Summit: Cyprus ICT sector’s economic impact soars to €8.5 billion

Cyprus tech firms back government brain gain campaign

President affirms commitment to tech sector at Reflect Festival 2025

Tourism

Religious holiday overlap boosts Cyprus airport traffic in April

Cyprus tourism hits record number, Koumis praises collective effort

Cyprus leads southern European tourism surge in early 2025

Property

Limassol affordable homes project to begin construction by June

Transfer of business and employees

Cyprus estate agents fight proposed legal monopoly on property contracts

Cyprus real estate council welcomes new rules on daily rentals

Energy

RES windfall tax plan hits pushback in House

EAC union sounds voice of doom over summer energy supply

Cyprus to launch large-scale battery system within 16 months

SMRs can be a game changer in EU energy transition, says former CERA chief

Cryptocurrencies

Solana defies bears, holds strong with eyes on $210 as Mutuum Finance looks to be the next Crypto to explode

How MUTM could turn a $500 entry into $5,000 — Without meme hype or market games

MUTM price prediction hits $3.80 based on current metrics — And it’s still at just $0.025

MUTM and DOGE price prediction – Next Cryptocurrencies to hit $1?

Whales are holding onto MUTM while retail chases hype — What do they know?

ADA and XRP holders are watching MUTM closely — And it’s still trading under $0.03

When will $500 in Mutuum Finance become half a million?

Cyprus 4.0

Local startup scene needs bigger risks

The smart property shift: How Placy’s AI is leading the charge

Cyprus emerges as a tech powerhouse

EnergyIntel: Redefining Cyprus’ energy landscape with innovation and sustainability

Redefining marketing through boldness and innovation

Leading the tech frontier: Inside DC Sport Soft’s innovative approach