Business & Finance

Friday 15 May | 17:10

XM credits people-first strategy and innovation for global growth

The XM Group has established itself as a premier international provider of online trading services over a period exceeding 15 years, according to a statement by the company’s co-CEO Stavri ...

By Kyriacos Nicolaou

Friday 15 May | 16:31

Single Market strength top priority for Cyprus, says minister

Cyprus has placed the strengthening of the Single Market at the centre of its EU Presidency agenda, Energy, Commerce and Industry Minister Michalis Damianou said on Friday. The minister delivered ...

By Kyriacos Nicolaou

Friday 15 May | 17:10

XM credits people-first strategy and innovation for global growth

The XM Group has established itself as a premier international provider of online trading services over a period exceeding 15 years, according to a statement by the company’s co-CEO Stavri ...

By Kyriacos Nicolaou

image Bank of Cyprus outlines growth and payout strategy at AGM

Friday 15 May |

Updated on 15/5 18:46

Banking

Bank of Cyprus outlines growth and payout strategy at AGM

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

By Kyriacos Nicolaou

Friday 15 May | 16:31

Single Market strength top priority for Cyprus, says minister

Cyprus has placed the strengthening of the Single Market at the centre of its EU Presidency agenda, Energy, Commerce and Industry Minister Michalis Damianou said on Friday. The minister delivered ...

By Kyriacos Nicolaou

Friday 15 May | 16:30

Cyprus and the next chapter of digital investing

Europe’s financial sector is changing rapidly. How would you describe the next stage of digital investing? Europe’s financial evolution is entering a new phase. For many years, the ...

By CM Guest Columnist

Friday 15 May | 18:04

ECB integrates climate change into monetary policy strategy

The European Central Bank (ECB) has expanded its macroeconomic modelling toolkit to incorporate nature degradation and climate-related shocks into its regular forecasting. Indeed, ECB executive board member Philip Lane recently ...

By Kyriacos Nicolaou

Friday 15 May | 15:54

Cyprus EU Presidency pushes competitiveness and resilience agenda

Government officials, industry leaders and international institutions on Friday assessed Europe’s economic trajectory at the “Shaping Europe’s Growth and Competitiveness” conference held in Nicosia. The event, organised by ...

By Kyriacos Nicolaou

Cyprus Business News

Friday 15 May |

Updated on 15/5 18:46

Banking

Bank of Cyprus outlines growth and payout strategy at AGM

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

By Kyriacos Nicolaou

Friday 15 May | 17:10

XM credits people-first strategy and innovation for global growth

The XM Group has established itself as a premier international provider of online trading services over a period exceeding 15 years, according to a statement by the company’s co-CEO Stavri ...

By Kyriacos Nicolaou

Friday 15 May | 17:00

Cyprus road freight rises sharply in fourth quarter of 2025

Road freight transport activity in Cyprus recorded significant increases in both domestic and international movements during the fourth quarter of 2025, according to a report from the state statistical service (Cystat). ...

By Kyriacos Nicolaou

Friday 15 May | 16:31

Single Market strength top priority for Cyprus, says minister

Cyprus has placed the strengthening of the Single Market at the centre of its EU Presidency agenda, Energy, Commerce and Industry Minister Michalis Damianou said on Friday. The minister delivered ...

By Kyriacos Nicolaou

Friday 15 May | 15:54

Cyprus EU Presidency pushes competitiveness and resilience agenda

Government officials, industry leaders and international institutions on Friday assessed Europe’s economic trajectory at the “Shaping Europe’s Growth and Competitiveness” conference held in Nicosia. The event, organised by ...

By Kyriacos Nicolaou

image Keve and CITEA join forces to drive digital transformation for Cypriot firms

Friday 15 May | 14:14

ICT

Keve and CITEA join forces to drive digital transformation for Cypriot firms

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it signed a strategic partnership agreement with the Cyprus Information Technology Enterprises Association (CITEA), aimed at strengthening the ...

By Kyriacos Nicolaou

Friday 15 May | 14:02

Cyprus shipping sector comes alive for Limassol primary school pupils

Cyprus’ shipping sector was brought into the classroom on Friday, as sixth-grade pupils at the 2nd Primary School of Germasogeia took part in an interactive workshop aimed at introducing children ...

By Souzana Psara

Friday 15 May | 13:49

Cyprus’ biggest property deals hit €197.7 million in first quarter

Cyprus’ high-end property market recorded €197.7 million in major transactions during the first quarter of 2026, with Limassol and Paphos dominating the island’s most expensive sales, according to data released by ...

By Souzana Psara

Friday 15 May | 11:42

CySEC releases investor guide to boost financial literacy

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced the publication of a new investor guide aimed at strengthening financial literacy and protecting investors in the digital age. The ...

By Kyriacos Nicolaou

Friday 15 May | 11:18

Investment firm acquires 7,000 own shares in latest buyback move

Investment firm Demetra Holdings Plc executed the purchase of 7,000 own shares through the Cyprus Investment & Securities Corp Ltd (CISCO) on May 14. According to an announcement on Friday, these buyback ...

By Kyriacos Nicolaou

Friday 15 May | 11:05

Cosmos Insurance approves €1m dividend

Cosmos Insurance Public Company Ltd on Friday announced that its shareholders approved a €1 million dividend payout during the company’s annual general meeting held in Nicosia. The company confirmed that ...

By Kyriacos Nicolaou

Friday 15 May | 10:39

Eaton Vance trims Bank of Cyprus stake below key threshold

Bank of Cyprus Holdings PLC on Friday disclosed that Eaton Vance Management had reduced its shareholding in the lender below the 3 per cent regulatory threshold, according to a formal notification ...

By Kyriacos Nicolaou

Friday 15 May | 08:22

Piracy returns as Hormuz and Red Sea crises stretch global shipping

Global shipping is facing a fresh security threat off Somalia, as piracy re-emerges at a time when vessels are already being diverted away from the Red Sea and the Strait ...

By Souzana Psara

Banking and Finance

Friday 15 May |

Updated on 15/5 18:46

Banking

Bank of Cyprus outlines growth and payout strategy at AGM

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

By Kyriacos Nicolaou

Friday 15 May | 18:04

ECB integrates climate change into monetary policy strategy

The European Central Bank (ECB) has expanded its macroeconomic modelling toolkit to incorporate nature degradation and climate-related shocks into its regular forecasting. Indeed, ECB executive board member Philip Lane recently ...

By Kyriacos Nicolaou

Friday 15 May | 11:42

CySEC releases investor guide to boost financial literacy

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced the publication of a new investor guide aimed at strengthening financial literacy and protecting investors in the digital age. The ...

By Kyriacos Nicolaou

Friday 15 May | 10:39

Eaton Vance trims Bank of Cyprus stake below key threshold

Friday 15 May | 07:10

Alpha Bank sets date for first quarter results release

Thursday 14 May | 19:16

State and borrowers clash over foreclosure law changes

Shipping

Friday 15 May | 14:02

Cyprus shipping sector comes alive for Limassol primary school pupils

By Souzana Psara

Friday 15 May | 08:49

Maritime security must be a non-negotiable global duty says shipowners president

By Souzana Psara

Friday 15 May | 08:22

Piracy returns as Hormuz and Red Sea crises stretch global shipping

By Souzana Psara

Friday 15 May | 07:50

Shipping deputy ministry headquarters enter final review

By Souzana Psara

Thursday 14 May | 12:38

Cyprus shipping positioned for growth despite global geopolitical shifts

By Souzana Psara

Thursday 14 May | 10:18

European strategic autonomy unattainable without shipping, says Safe Bulkers CEO

By Souzana Psara

Startups and Innovation

Friday 15 May | 14:14 ICT

Keve and CITEA join forces to drive digital transformation for Cypriot firms

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it signed a strategic partnership agreement with the Cyprus Information Technology Enterprises Association (CITEA), aimed at strengthening the ...

By Kyriacos Nicolaou

Thursday 14 May | 08:30

Cyprus startups attract over €12 million in funding in first four months of 2026

Cypriot startup ecosystem momentum builds heading into summer By Dionysis Partsinevelos The first four months of 2026 have seen seven Cyprus-based startups close funding rounds, bringing the total disclosed capital raised ...

By CM Guest Columnist

image Cyprus game firm heads to Japan with new title

Wednesday 13 May | 16:43

Gaming

Cyprus game firm heads to Japan with new title

Cyprus-based publisher Digital Vortex Entertainment on Wednesday announced its participation in BitSummit PUNCH, where it will present its upcoming title DREADMOOR alongside developer Dream Dock. The event, described as Japan’...

By Kyriacos Nicolaou

Wednesday 13 May | 14:30

Software and fintech sectors lead Cyprus’ presence in Deloitte’s Fast 50

Deloitte on Wednesday published the results of the fifth edition of its Middle East and Cyprus Technology Fast 50, showcasing the region’s fastest-growing technology startups and the founders driving a ...

By Souzana Psara

Wednesday 13 May | 06:50

TechIsland advances wildfire recovery work in Souni

TechIsland announced this week that it has completed another phase of its wildfire recovery programme in Souni, as part of a broader initiative launched following the devastating wildfires that struck ...

By Kyriacos Nicolaou

Tourism

Friday 15 May | 08:12

Cyprus airports not eligible for state aid under revised EU rules

The European Commission this week launched a formal public consultation regarding a draft revision of the Guidelines on State aid to the air transport sector to reflect post-pandemic market realities. ...

By Kyriacos Nicolaou

Thursday 14 May | 11:57

Leptos Calypso Hotels posts stronger 2025 results as revenues and bookings rise

Leptos Calypso Hotels Public Limited recorded higher revenues and operating profits in 2025, with the group describing its performance for the year as particularly satisfactory, according to its annual financial report. ...

By Souzana Psara

Wednesday 13 May | 17:33

Wizz Air to resume Tel Aviv flights, expands fleet

Budget airline Wizz Air on Wednesday announced it will resume operations to and from Tel Aviv from May 28, 2026, while also confirming the addition of its 200th Airbus A321neo aircraft ...

By Kyriacos Nicolaou

Property

Friday 15 May | 17:33

Foreclosure activists threaten to take vetoed law to European court

The movement against foreclosures on Friday threatened to take the President Nikos Christodoulides’ veto of a law passed by parliament regulating the matter to the European court of justice, arguing ...

By Tom Cleaver

Friday 15 May | 13:49

Cyprus’ biggest property deals hit €197.7 million in first quarter

Cyprus’ high-end property market recorded €197.7 million in major transactions during the first quarter of 2026, with Limassol and Paphos dominating the island’s most expensive sales, according to data released by ...

By Souzana Psara

Friday 15 May | 11:46

Berengaria project by bbf: enters final stretch — all planning permits secured

bbf: announces that all required planning permits have now been secured for the hotel, luxury villas, townhouses, and residential apartments that form part of the landmark Berengaria development. This important ...

By Press Release

Thursday 14 May | 14:19

Cyprus chamber of commerce and Koag sign deal to boost housing cooperation

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Land Development Organisation (Koag) on Thursday announced the signing of a memorandum of cooperation aimed at strengthening housing and ...

By Kyriacos Nicolaou

Energy

Friday 15 May | 19:48

New energy efficiency funding for homes launches in September

The government will be accepting proposals for the third energy efficiency plan for homes in September, with a budget of €20 million, the energy ministry announced on Friday. Energy Minister Michael ...

By Rebekah Gregoriades

Friday 15 May | 16:31

Single Market strength top priority for Cyprus, says minister

Cyprus has placed the strengthening of the Single Market at the centre of its EU Presidency agenda, Energy, Commerce and Industry Minister Michalis Damianou said on Friday. The minister delivered ...

By Kyriacos Nicolaou

image Energy security at heart of Cyprus EU presidency

Wednesday 13 May |

Updated on 13/5 17:21

Energy security at heart of Cyprus EU presidency

Energy security, coordinated action and the acceleration of electrification were at the centre of discussions at an informal meeting of EU energy ministers held in Nicosia on Wednesday under Cyprus’ ...

By Eleni Panayiotou

Wednesday 13 May | 17:16

Cronos: first gas by 2028, says minister

Negotiations on Cronos are in their final stages with first gas expected by mid 2028, Energy Minister Michalis Damianou said on Wednesday. Speaking after chairing a meeting under Cyprus’ presidency of ...

By Eleni Panayiotou

Market spotlight

Friday 15 May | 11:46

Berengaria project by bbf: enters final stretch — all planning permits secured

By Press Release

Friday 15 May | 10:46

Chopin Night with Jeneba Kanneh-Mason at Minthis Music Festival 2026

By Press Release

Friday 15 May | 10:41

Cyprus opens its first social enterprise with the launch of True Heart Café

By Press Release

Friday 15 May | 09:50

The most glamorous Kataklysmos weekend comes to life at Cap St Georges HOTEL & Resort

By Press Release

Thursday 14 May | 16:09

Lumio Private School authorised to offer International Baccalaureate® diploma

By Press Release

Cyprus 4.0

Friday 15 May | 16:30

Cyprus and the next chapter of digital investing

Europe’s financial sector is changing rapidly. How would you describe the next stage of digital investing? Europe’s financial evolution is entering a new phase. For many years, the ...

By CM Guest Columnist

Wednesday 13 May | 08:30

The digital euro: a geopolitical shield and sovereign risk

Scheduled for a 2029 debut, the digital euro is designed to fundamentally redefine European finance as the digital twin of physical cash. Functioning as the third pillar of the European monetary ...

By Ioannis Tirkides

Tuesday 12 May | 15:00

Eurobank: building the bank of the future

The banking sector is advancing rapidly into a new era, with technology serving as the primary driver of transformation and growth. In Cyprus, Eurobank is proactively moving beyond digital transformation ...

By CM Guest Columnist

image Cyprus fintech targets SMEs with device-agnostic payment app

Tuesday 12 May | 09:00

Startups

Cyprus fintech targets SMEs with device-agnostic payment app

The landscape of commercial transactions in Cyprus is undergoing a profound shift as the island moves closer to a cashless society. While international payment giants have long dominated the fintech ...

By Kyriacos Nicolaou

Monday 11 May | 15:00

Teaching children the value of money in a digital world

In a world where digital payments, mobile apps and instant transactions are becoming the norm, financial literacy is no longer a skill reserved for adulthood. Today’s children are growing ...

By CM Guest Columnist

image MONEYGATE: Building financial infrastructure for a digital economy

Monday 11 May | 12:30

BTCEcosystem: A new path for cloud computing integrating clean energy—Balancing sustainability with Australian compliance

Monday 04 May | 10:00

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About Us

Business & Finance

XM credits people-first strategy and innovation for global growth

Single Market strength top priority for Cyprus, says minister

XM credits people-first strategy and innovation for global growth

Bank of Cyprus outlines growth and payout strategy at AGM

Single Market strength top priority for Cyprus, says minister

Cyprus and the next chapter of digital investing

ECB integrates climate change into monetary policy strategy

Cyprus EU Presidency pushes competitiveness and resilience agenda

Cyprus Business News

Bank of Cyprus outlines growth and payout strategy at AGM

XM credits people-first strategy and innovation for global growth

Cyprus road freight rises sharply in fourth quarter of 2025

Single Market strength top priority for Cyprus, says minister

Cyprus EU Presidency pushes competitiveness and resilience agenda

Keve and CITEA join forces to drive digital transformation for Cypriot firms

Cyprus shipping sector comes alive for Limassol primary school pupils

Cyprus’ biggest property deals hit €197.7 million in first quarter

CySEC releases investor guide to boost financial literacy

Investment firm acquires 7,000 own shares in latest buyback move

Cosmos Insurance approves €1m dividend

Eaton Vance trims Bank of Cyprus stake below key threshold

Piracy returns as Hormuz and Red Sea crises stretch global shipping

Banking and Finance

Bank of Cyprus outlines growth and payout strategy at AGM

ECB integrates climate change into monetary policy strategy

CySEC releases investor guide to boost financial literacy

Eaton Vance trims Bank of Cyprus stake below key threshold

Alpha Bank sets date for first quarter results release

State and borrowers clash over foreclosure law changes

Shipping

Cyprus shipping sector comes alive for Limassol primary school pupils

Maritime security must be a non-negotiable global duty says shipowners president

Piracy returns as Hormuz and Red Sea crises stretch global shipping

Shipping deputy ministry headquarters enter final review

Cyprus shipping positioned for growth despite global geopolitical shifts

European strategic autonomy unattainable without shipping, says Safe Bulkers CEO

Startups and Innovation

Keve and CITEA join forces to drive digital transformation for Cypriot firms

Cyprus startups attract over €12 million in funding in first four months of 2026

Cyprus game firm heads to Japan with new title

Software and fintech sectors lead Cyprus’ presence in Deloitte’s Fast 50

TechIsland advances wildfire recovery work in Souni

Tourism

Cyprus airports not eligible for state aid under revised EU rules

Leptos Calypso Hotels posts stronger 2025 results as revenues and bookings rise

Wizz Air to resume Tel Aviv flights, expands fleet

Property

Foreclosure activists threaten to take vetoed law to European court

Cyprus’ biggest property deals hit €197.7 million in first quarter

Berengaria project by bbf: enters final stretch — all planning permits secured

Cyprus chamber of commerce and Koag sign deal to boost housing cooperation

Energy

New energy efficiency funding for homes launches in September

Single Market strength top priority for Cyprus, says minister

Energy security at heart of Cyprus EU presidency

Cronos: first gas by 2028, says minister

Market spotlight

Berengaria project by bbf: enters final stretch — all planning permits secured

Chopin Night with Jeneba Kanneh-Mason at Minthis Music Festival 2026

Cyprus opens its first social enterprise with the launch of True Heart Café

The most glamorous Kataklysmos weekend comes to life at Cap St Georges HOTEL & Resort

Lumio Private School authorised to offer International Baccalaureate® diploma

Cyprus 4.0

Cyprus and the next chapter of digital investing

The digital euro: a geopolitical shield and sovereign risk

Eurobank: building the bank of the future

Cyprus fintech targets SMEs with device-agnostic payment app

Teaching children the value of money in a digital world

MONEYGATE: Building financial infrastructure for a digital economy

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