Business & Finance

image Which banks charge the lowest interest rates for new mortgages in Cyprus?

Wednesday 11 November | 15:01

Banking

Which banks charge the lowest interest rates for new mortgages in Cyprus?

Cyprus banks continued to offer lower interest rates on deposits than their eurozone counterparts in September 2026, while charging less for housing loans and most business lending, according to detailed figures ...

By Kyriacos Nicolaou

Wednesday 11 November | 13:16

Nearly one in three Cypriots unable to cover unexpected expenses

Cyprus sees improvement in financial security and homicide rate Nearly one in three people in Cyprus were unable to cope with unexpected financial expenses in 2025, although the proportion has fallen ...

By Kyriacos Nicolaou

Wednesday 11 November | 15:01

Banking

Which banks charge the lowest interest rates for new mortgages in Cyprus?

Cyprus banks continued to offer lower interest rates on deposits than their eurozone counterparts in September 2026, while charging less for housing loans and most business lending, according to detailed figures ...

By Kyriacos Nicolaou

Wednesday 11 November | 13:30

Cyprus ranks first in EU for drawing foreign investment from outside Europe

Nearly four-fifths of foreign direct investment in Cyprus originated from countries outside the European Union in 2025, the highest proportion among the 14 EU member states reporting figures to Eurostat. The share ...

By Kyriacos Nicolaou

Wednesday 11 November | 13:16

Nearly one in three Cypriots unable to cover unexpected expenses

Cyprus sees improvement in financial security and homicide rate Nearly one in three people in Cyprus were unable to cope with unexpected financial expenses in 2025, although the proportion has fallen ...

By Kyriacos Nicolaou

Wednesday 11 November | 12:12

Energy shock and AI pose fresh challenges for monetary policy, says CBC governor

Central banks must look past headline inflation and examine how energy shocks and artificial intelligence are reshaping economic activity, financing conditions and financial stability, Central Bank of Cyprus governor Christodoulos ...

By Kyriacos Nicolaou

Wednesday 11 November | 13:50

Eurobank to launch new financing tool for farmers in early 2027

Eurobank is preparing to introduce a new financing tool for Cyprus’ agricultural sector in the first quarter of 2027, aiming to help farmers and livestock producers fund investments approved for support ...

By Kyriacos Nicolaou

Wednesday 11 November | 12:31

Limassol targets public-private partnerships for €1.3 billion urban regeneration

The €1.3 billion investment plan underpinning Limassol’s climate transition will require substantial private-sector and institutional financing, with the municipality seeking new funding mechanisms and public-private partnerships to advance major urban ...

By Kyriacos Nicolaou

Cyprus Business News

Wednesday 11 November | 17:02

Demetra Holdings buys back 3,430 of its own shares

Demetra Holdings Plc purchased 3,430 of its own shares at €1.315 each on November 10, 2026, the company announced on Wednesday in a disclosure to investors. The purchases were carried out through the Cyprus ...

By Kyriacos Nicolaou

Wednesday 11 November | 16:00

Cyprus approves its AI strategy. Now it must fund it

The final plan strengthens safeguards and clarifies responsibilities, but extends a key deadline and leaves major implementation costs to a future Action Plan. Cyprus has approved its National AI Strategy 2032, ...

By Panis Pieri

Wednesday 11 November | 15:01

Banking

Which banks charge the lowest interest rates for new mortgages in Cyprus?

Cyprus banks continued to offer lower interest rates on deposits than their eurozone counterparts in September 2026, while charging less for housing loans and most business lending, according to detailed figures ...

By Kyriacos Nicolaou

image Unchecked legal gaps threaten legitimate Cyprus estate agents, association warns

Wednesday 11 November | 14:31

Real estate

Unchecked legal gaps threaten legitimate Cyprus estate agents, association warns

The Cyprus Real Estate Agents Association (Skek) has called on the government and parliament to urgently reform the legal framework governing the property sector, warning that longstanding regulatory problems continue ...

By Kyriacos Nicolaou

Wednesday 11 November | 14:09

Louis plc shareholders approve €100.3m debt restructuring and refinancing

Louis plc shareholders on Wednesday approved a €100.3 million debt restructuring and refinancing transaction involving the group and several related parties, while also endorsing the company’s 2025 annual report and re-electing ...

By Kyriacos Nicolaou

Wednesday 11 November | 13:50

Eurobank to launch new financing tool for farmers in early 2027

Eurobank is preparing to introduce a new financing tool for Cyprus’ agricultural sector in the first quarter of 2027, aiming to help farmers and livestock producers fund investments approved for support ...

By Kyriacos Nicolaou

Wednesday 11 November | 13:30

Cyprus ranks first in EU for drawing foreign investment from outside Europe

Nearly four-fifths of foreign direct investment in Cyprus originated from countries outside the European Union in 2025, the highest proportion among the 14 EU member states reporting figures to Eurostat. The share ...

By Kyriacos Nicolaou

Wednesday 11 November | 13:16

Nearly one in three Cypriots unable to cover unexpected expenses

Cyprus sees improvement in financial security and homicide rate Nearly one in three people in Cyprus were unable to cope with unexpected financial expenses in 2025, although the proportion has fallen ...

By Kyriacos Nicolaou

Wednesday 11 November | 12:50

Permanent jobs rise, contracts drop: Cyprus state workforce exceeds 55,000 workers

Cyprus’ state workforce rose to 55,317 employees in October 2026, an increase of 341 people or 0.6 per cent from 54,976 a year earlier, according to figures released on Wednesday by the statistical service (Cystat). ...

By Souzana Psara

Wednesday 11 November | 12:31

Limassol targets public-private partnerships for €1.3 billion urban regeneration

The €1.3 billion investment plan underpinning Limassol’s climate transition will require substantial private-sector and institutional financing, with the municipality seeking new funding mechanisms and public-private partnerships to advance major urban ...

By Kyriacos Nicolaou

Wednesday 11 November | 12:12

Energy shock and AI pose fresh challenges for monetary policy, says CBC governor

Central banks must look past headline inflation and examine how energy shocks and artificial intelligence are reshaping economic activity, financing conditions and financial stability, Central Bank of Cyprus governor Christodoulos ...

By Kyriacos Nicolaou

Wednesday 11 November | 11:55

AI investments pay off, but businesses are less prepared for the risks

Businesses are seeing stronger returns from artificial intelligence investments, but their ability to deal with the risks is falling behind, according to a new global report by technology services provider ...

By Souzana Psara

Wednesday 11 November | 10:22

Cyprus tourism feels the squeeze as bookings fall and flight costs climb

Cyprus tourism bookings for 2027 are running 8 to 12 per cent below comparable levels for this year, as rising energy costs, inflation and more expensive flights weigh on holiday demand, despite plans ...

By Souzana Psara

Banking and Finance

Wednesday 11 November | 15:01 Banking

Which banks charge the lowest interest rates for new mortgages in Cyprus?

Cyprus banks continued to offer lower interest rates on deposits than their eurozone counterparts in September 2026, while charging less for housing loans and most business lending, according to detailed figures ...

By Kyriacos Nicolaou

Wednesday 11 November | 12:12

Energy shock and AI pose fresh challenges for monetary policy, says CBC governor

Central banks must look past headline inflation and examine how energy shocks and artificial intelligence are reshaping economic activity, financing conditions and financial stability, Central Bank of Cyprus governor Christodoulos ...

By Kyriacos Nicolaou

image Alpha Bank Cyprus completes integration of former AstroBank operations

Tuesday 10 November | 13:03

Banking

Alpha Bank Cyprus completes integration of former AstroBank operations

Alpha Bank Cyprus announced on Tuesday that it completed the integration of former AstroBank operations over the weekend of November 7-8, bringing customers onto a single banking system within the ...

By Kyriacos Nicolaou

Tuesday 10 November | 12:28

Only 14 per cent of Cypriot women meet financial literacy benchmark

Tuesday 10 November | 10:40

Freedom wins two Finance Magnates awards for brokerage services

Tuesday 10 November | 08:02

CySEC seeks expert support for financial firms’ licensing assessments

Shipping

Wednesday 11 November | 11:02

IMO backs four more years for Dominguez, but final decision rests with Assembly

By Souzana Psara

Tuesday 10 November | 13:43

Safe Bulkers profits more than triple to $96.3m as freight rates climb

By Souzana Psara

Monday 09 November | 10:52

Marlow Navigation signs strategic deal with MPC Oceanic Group

By Souzana Psara

Monday 02 November | 15:53

Shipping

Cyprus shipping sector adds 119 vessels, increases revenue over three years

By Kyriacos Nicolaou

Sunday 01 November | 15:17

Shipping

Cyprus steps up shipping ties across major Asian markets

By Kyriacos Nicolaou

Thursday 29 October | 14:44

WISTA surpasses 6,500 members as Petraki pushes for maritime diversity

By Souzana Psara

Startups and Innovation

Tuesday 10 November | 16:09

“Talent exists in Cyprus” — Sir Stelios awards €200K to three Cypriot startups

“Keep pursuing your ambitions”: Sir Stelios Haji-Ioannou pledges ongoing support for young startups Three Cypriot startups have received a combined €200,000 in financial awards after being recognised for their entrepreneurial potential ...

By Kyriacos Nicolaou

Tuesday 10 November | 14:33

Women account for 37.8 per cent of Cyprus’ scientists and engineers

Cyprus had 19,600 female scientists and engineers in 2025, accounting for 37.8 per cent of the country’s total workforce in these professions, according to figures released by Eurostat on Tuesday. The figures ...

By Kyriacos Nicolaou

image Cyprus aims to develop 3,000 AI professionals by 2032

Tuesday 10 November | 14:08

AI

Cyprus aims to develop 3,000 AI professionals by 2032

Cyprus aims to develop at least 3,000 artificial intelligence professionals by 2032, Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou said on Tuesday, outlining government plans to widen access to ...

By Kyriacos Nicolaou

Monday 09 November | 17:06

E-government

Digital Citizen adds minor IDs and residence permits, with football tickets next

Government expands digital services with €212m budget allocation Cyprus is stepping up its drive to modernise public services, digitise government operations and strengthen its technology sector, Deputy Minister of Research, ...

By Kyriacos Nicolaou

Monday 09 November | 10:31

Startups

Cyprus venture capital firm backs new approach to pet health monitoring

Cyprus-based venture capital firm Kinisis Ventures has joined a $1.8 million pre-seed funding round in Janus Labs AI, a US startup developing contactless neural artificial intelligence technology designed to monitor the ...

By Kyriacos Nicolaou

Tourism

Wednesday 11 November | 10:22

Cyprus tourism feels the squeeze as bookings fall and flight costs climb

Cyprus tourism bookings for 2027 are running 8 to 12 per cent below comparable levels for this year, as rising energy costs, inflation and more expensive flights weigh on holiday demand, despite plans ...

By Souzana Psara

Tuesday 10 November | 13:08

Cyprus residents take to the skies as overseas travel bill hits €2.53bn

Cyprus residents spent €2.53 billion travelling abroad in 2025, a 22.2 per cent increase from the previous year, as overseas trips rose by 12 per cent, according to figures released by the statistical service (...

By Souzana Psara

image Wizz Air mystery flight whisks 100 Spanish influencers to Cyprus

Tuesday 10 November | 11:41

Tourism

Wizz Air mystery flight whisks 100 Spanish influencers to Cyprus

Wizz Air showcases Cyprus as a year-round destination to Spanish media Low-cost carrier Wizz Air brought more than 100 Spanish journalists and content creators to Cyprus for a three-day surprise trip ...

By Kyriacos Nicolaou

Property

Wednesday 11 November | 14:31

Real estate

Unchecked legal gaps threaten legitimate Cyprus estate agents, association warns

The Cyprus Real Estate Agents Association (Skek) has called on the government and parliament to urgently reform the legal framework governing the property sector, warning that longstanding regulatory problems continue ...

By Kyriacos Nicolaou

Tuesday 10 November | 13:39

Cyprus building permits near €3bn in value as apartment plans surge

Cyprus recorded a 3 per cent decline in building permits in July 2026, although construction activity remained considerably stronger over the first seven months of the year, with the value of authorised ...

By Souzana Psara

Monday 09 November | 13:07

Real estate

Cyprus real estate conundrum: stats say affordable, reality says no

Cyprus’ house price-to-income ratio remained below its long-term average in 2025, according to Eurostat figures published on Monday. This suggests that the relationship between property prices and household incomes has not ...

By Kyriacos Nicolaou

Monday 09 November | 09:39

Fines of up to €100.000 for property sale violations

The activation of the procedure for imposing and collecting administrative fines by the Department of Lands and Surveys introduces new developments in property transactions in Cyprus. Amending Law 132(I)/2023, which ...

By George Coucounis

Energy

Monday 09 November | 11:55

Christodoulides sees Cyprus as key link in new trade corridors

President Nikos Christodoulides on Monday called for greater regional economic cooperation, stronger trade corridors and investment in energy and transport infrastructure, saying Cyprus could play a significant role in connecting ...

By Kyriacos Nicolaou

Monday 09 November | 06:00

Digital tools help hydropower plants respect nature while generating energy

Hydropower can back up wind and solar, but changing weather, water levels and environmental needs make its operation increasingly complex. Researchers are turning to AI, digital twins and sensors to ...

By CM Guest Columnist

Sunday 08 November | 07:00

EU household gas prices fall to lowest level since 2022

Average gas prices for European Union households dropped to €0.11 per kilowatt-hour during the first half of 2026, according to Eurostat data. This represented a decrease of 10.2 per cent compared with the ...

By Kyriacos Nicolaou

Friday 06 November | 15:01

Turkey says gas pipeline project with Turkish Cypriots can provide power to whole island

Turkish Energy Minister Alparslan Bayraktar said a planned natural gas pipeline linking Turkey and the breakaway Turkish Cypriot community could eventually provide power to the entire ethnically split island. Turkey ...

By Reuters News Service

Market spotlight

Wednesday 11 November | 13:50

Eurobank to launch new financing tool for farmers in early 2027

By Kyriacos Nicolaou

Wednesday 11 November | 13:11

Skroutz is first to bring Black Friday to Cyprus

By Press Release

Wednesday 11 November | 11:11

Radisson Hotels Larnaca Marathon Registration Centre opens doors

By Press Release

Wednesday 11 November | 10:12

Coffee Battles by Coffee Berry: putting our people’s creativity at the heart of what we do!

By Press Release

Wednesday 11 November | 10:05

Pioneering ambulance programme equips first responders with autism training

By Press Release

Cyprus 4.0

Saturday 31 October | 12:00

Beyond the pitch: How Cyprus supports its startup founders

For founders in Cyprus, turning an idea into a business involves more than developing a product. It means testing demand, protecting intellectual property and finding customers and funding. The island’...

By Panis Pieri

Saturday 31 October | 09:30 Startups

Inside Cyprus’ growing network of startup investors

Cyprus’ startup ecosystem is supported by a mix of venture capital funds, crowdfunding platforms, corporate investors and accelerators, each addressing different obstacles facing young businesses, from securing early funding to ...

By Kyriacos Nicolaou

Friday 30 October | 15:15

Spectrum Games: Bringing people together, one game at a time

What began in 2019 as an initiative to bring traditional games into the digital age has evolved into a Cyprus-based gaming company with ambitions extending well beyond the island. Founded by ...

By Freda Yannitsas

Friday 30 October | 12:00

GetOffers.com: Making business travel simpler

Before GetOffers.com, I worked in travel tech for several years. I started in customer support and later moved into sales. In both roles, I kept hearing the same complaints ...

By Panis Pieri

Friday 30 October | 10:40

How AI is changing the way lawyers work in Cyprus

Artificial intelligence is beginning to reshape the legal profession, with law firms increasingly exploring how emerging technologies can improve research, document analysis and other aspects of legal work without compromising ...

By Kyriacos Nicolaou

image Michael Economou on building Exyde around AI teams

Thursday 29 October | 15:15

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About Us

Business & Finance

Which banks charge the lowest interest rates for new mortgages in Cyprus?

Nearly one in three Cypriots unable to cover unexpected expenses

Which banks charge the lowest interest rates for new mortgages in Cyprus?

Cyprus ranks first in EU for drawing foreign investment from outside Europe

Nearly one in three Cypriots unable to cover unexpected expenses

Energy shock and AI pose fresh challenges for monetary policy, says CBC governor

Eurobank to launch new financing tool for farmers in early 2027

Limassol targets public-private partnerships for €1.3 billion urban regeneration

Cyprus Business News

Demetra Holdings buys back 3,430 of its own shares

Cyprus approves its AI strategy. Now it must fund it

Which banks charge the lowest interest rates for new mortgages in Cyprus?

Unchecked legal gaps threaten legitimate Cyprus estate agents, association warns

Louis plc shareholders approve €100.3m debt restructuring and refinancing

Eurobank to launch new financing tool for farmers in early 2027

Cyprus ranks first in EU for drawing foreign investment from outside Europe

Nearly one in three Cypriots unable to cover unexpected expenses

Permanent jobs rise, contracts drop: Cyprus state workforce exceeds 55,000 workers

Limassol targets public-private partnerships for €1.3 billion urban regeneration

Energy shock and AI pose fresh challenges for monetary policy, says CBC governor

AI investments pay off, but businesses are less prepared for the risks

Cyprus tourism feels the squeeze as bookings fall and flight costs climb

Banking and Finance

Which banks charge the lowest interest rates for new mortgages in Cyprus?

Energy shock and AI pose fresh challenges for monetary policy, says CBC governor

Alpha Bank Cyprus completes integration of former AstroBank operations

Only 14 per cent of Cypriot women meet financial literacy benchmark

Freedom wins two Finance Magnates awards for brokerage services

CySEC seeks expert support for financial firms’ licensing assessments

Shipping

IMO backs four more years for Dominguez, but final decision rests with Assembly

Safe Bulkers profits more than triple to $96.3m as freight rates climb

Marlow Navigation signs strategic deal with MPC Oceanic Group

Cyprus shipping sector adds 119 vessels, increases revenue over three years

Cyprus steps up shipping ties across major Asian markets

WISTA surpasses 6,500 members as Petraki pushes for maritime diversity

Startups and Innovation

“Talent exists in Cyprus” — Sir Stelios awards €200K to three Cypriot startups

Women account for 37.8 per cent of Cyprus’ scientists and engineers

Cyprus aims to develop 3,000 AI professionals by 2032

Digital Citizen adds minor IDs and residence permits, with football tickets next

Cyprus venture capital firm backs new approach to pet health monitoring

Tourism

Cyprus tourism feels the squeeze as bookings fall and flight costs climb

Cyprus residents take to the skies as overseas travel bill hits €2.53bn

Wizz Air mystery flight whisks 100 Spanish influencers to Cyprus

Property

Unchecked legal gaps threaten legitimate Cyprus estate agents, association warns

Cyprus building permits near €3bn in value as apartment plans surge

Cyprus real estate conundrum: stats say affordable, reality says no

Fines of up to €100.000 for property sale violations

Energy

Christodoulides sees Cyprus as key link in new trade corridors

Digital tools help hydropower plants respect nature while generating energy

EU household gas prices fall to lowest level since 2022

Turkey says gas pipeline project with Turkish Cypriots can provide power to whole island

Market spotlight

Eurobank to launch new financing tool for farmers in early 2027

Skroutz is first to bring Black Friday to Cyprus

Radisson Hotels Larnaca Marathon Registration Centre opens doors

Coffee Battles by Coffee Berry: putting our people’s creativity at the heart of what we do!

Pioneering ambulance programme equips first responders with autism training

Cyprus 4.0

Beyond the pitch: How Cyprus supports its startup founders

Inside Cyprus’ growing network of startup investors

Spectrum Games: Bringing people together, one game at a time

GetOffers.com: Making business travel simpler

How AI is changing the way lawyers work in Cyprus

Michael Economou on building Exyde around AI teams

Cryptocurrencies

What the EBA’s USDC decision means for stablecoin supervision in Europe

Binance $6.3bn hack explained: How it happened and where the money went

Cyprus promotes fintech and digital economy at US blockchain summit

7 ways to earn beyond Crypto Mining in 2026: How do the best AI infrastructure offer new opportunities?

Best RPC providers for Ethereum in 2026

Cloud mining alternatives in 2026: How to participate in AI infrastructure without buying hardware

How to convert Crypto to cash without disrupting business cash flow