Business & Finance

Monday 02 February | 08:00

Euro area net saving slips as investment rises in third quarter

Euro area net saving fell to €863 billion in the four quarters to the third quarter of 2025, according to a report from the European Central Bank (ECB). This compared with €877 billion ...

By Kyriacos Nicolaou

Monday 02 February | 07:00

Consumers expect higher house prices and mortgage rates, ECB says

A European Central Bank (ECB) survey has shown slightly higher consumer perceptions of past inflation, alongside shifting expectations across income, growth, housing and credit conditions. Specifically, the ECB reported that ...

By Kyriacos Nicolaou

Monday 02 February | 08:00

Euro area net saving slips as investment rises in third quarter

Euro area net saving fell to €863 billion in the four quarters to the third quarter of 2025, according to a report from the European Central Bank (ECB). This compared with €877 billion ...

By Kyriacos Nicolaou

Monday 02 February | 04:24

‘Paphos tourism has strong future ahead’

The most serious issue facing Paphos tourism is its seasonality, head of the Paphos Regional Tourism Board (Etap) Nasos Hadjigeorgiou said on Sunday, adding that there is no holistic approach ...

By Katy Turner

Monday 02 February | 07:00

Consumers expect higher house prices and mortgage rates, ECB says

A European Central Bank (ECB) survey has shown slightly higher consumer perceptions of past inflation, alongside shifting expectations across income, growth, housing and credit conditions. Specifically, the ECB reported that ...

By Kyriacos Nicolaou

Monday 02 February | 08:20

Money growth cools as euro area households and firms tap the brakes

Money growth slowed down in the euro area during December 2025, with households and businesses adding to their savings at a more modest pace during this time, according to a report ...

By Kyriacos Nicolaou

Monday 02 February | 07:30

Geopolitical tensions and commodity repricing hit smartphone supply chains

Global shipments of smartphone AMOLED panels are forecast to decline to 810 million units in 2026, marking a significant year-on-year contraction after three consecutive years of growth, according to the latest data ...

By Kyriacos Nicolaou

Sunday 01 February | 13:55

Third-country staff key to keeping Cyprus hotels running

There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as a tourist destination, according to Cyprus Hoteliers Association (Pasyxe) president Thanos Michaelides. These ...

By Kyriacos Nicolaou

Cyprus Business News

Monday 02 February | 09:55

Petrolina completes €45.1m acquisition of ExxonMobil Cyprus

Petrolina (Holdings) Public Limited has completed the acquisition of ExxonMobil Cyprus Limited, with the transaction finalised end of January, 2026, the company said in a filing to the Cyprus stock exchange (...

By Souzana Psara

Monday 02 February | 09:22

Cyprus SMEs invited to assess AI use under new EU compliance initiative

The Cyprus Securities and Exchange Commission (CySEC) has released a statement drawing attention to an invitation for Cypriot small and medium-sized enterprises to participate in a questionnaire on the use ...

By Kyriacos Nicolaou

Monday 02 February | 08:42

Cypriot regulator sanctions firms over reporting and compliance failures

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of settlements and administrative fines targeting violations of securities and transparency legislation by regulated and listed entities. Firstly, CySEC ...

By Kyriacos Nicolaou

Sunday 01 February | 13:55

Third-country staff key to keeping Cyprus hotels running

There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as a tourist destination, according to Cyprus Hoteliers Association (Pasyxe) president Thanos Michaelides. These ...

By Kyriacos Nicolaou

Sunday 01 February | 10:00

Cyprus leads EU in non-performing government loans

Cyprus recorded the highest level of non-performing loans in the European Union in 2024, highlighting a key vulnerability in public sector balance sheets, according to Eurostat. The data published by Eurostat ...

By Kyriacos Nicolaou

Sunday 01 February | 09:00

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting January 26: The Cyprus Film Commission organised a three-day roadshow in London last week, targeting professionals from the United ...

By Souzana Psara

Sunday 01 February | 08:00

Limassol-based maritime firm bolsters leadership with senior hire

Cyprus-based maritime technology company SmartSea, headquartered in Limassol, has strengthened its senior management team with the appointment of Nakis Kassos as Head of Commercial. Based in Limassol, Kassos is a ...

By Souzana Psara

Banking and Finance

Monday 02 February | 08:42

Cypriot regulator sanctions firms over reporting and compliance failures

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of settlements and administrative fines targeting violations of securities and transparency legislation by regulated and listed entities. Firstly, CySEC ...

By Kyriacos Nicolaou

Monday 02 February | 08:20

Money growth cools as euro area households and firms tap the brakes

Money growth slowed down in the euro area during December 2025, with households and businesses adding to their savings at a more modest pace during this time, according to a report ...

By Kyriacos Nicolaou

Monday 02 February | 08:00

Euro area net saving slips as investment rises in third quarter

Euro area net saving fell to €863 billion in the four quarters to the third quarter of 2025, according to a report from the European Central Bank (ECB). This compared with €877 billion ...

By Kyriacos Nicolaou

Sunday 01 February | 10:00

Cyprus leads EU in non-performing government loans

Friday 30 January | 16:56

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

Friday 30 January | 16:39 Economy

Domestic demand set to drive robust economic momentum in Cyprus

Shipping

Sunday 01 February | 15:00

New ocean sensors could transform how scientists track the marine carbon cycle

By CM Guest Columnist

Sunday 01 February | 08:00

Limassol-based maritime firm bolsters leadership with senior hire

By Souzana Psara

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

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

Sunday 01 February | 13:55

Third-country staff key to keeping Cyprus hotels running

There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as a tourist destination, according to Cyprus Hoteliers Association (Pasyxe) president Thanos Michaelides. These ...

By Kyriacos Nicolaou

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

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

Monday 02 February | 09:55

Petrolina completes €45.1m acquisition of ExxonMobil Cyprus

Petrolina (Holdings) Public Limited has completed the acquisition of ExxonMobil Cyprus Limited, with the transaction finalised end of January, 2026, the company said in a filing to the Cyprus stock exchange (...

By Souzana Psara

Saturday 31 January | 11:30

EU nuclear power generation rises for second year as France leads growth

Nuclear power generation across the European Union experienced a significant rebound during 2024 as twelve member states produced a combined 649,524 gigawatt hours of electricity, according Eurostat. This output represents an increase ...

By Kyriacos Nicolaou

Saturday 31 January | 08:30

EU’s LNG exposure to the US and associated risks

Forecasts published last week show that by 2030 the EU could be reliant on the US for 80 per cent of its LNG imports (Figure 1). That could mean about 40 per cent of ...

By Dr Charles Ellinas

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

Market spotlight

Saturday 31 January | 10:00

Citywealth IFC Awards 2026: Elias Neocleous & Co LLC named Law Firm of the Year – Cyprus

By Press Release

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

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

Euro area net saving slips as investment rises in third quarter

Consumers expect higher house prices and mortgage rates, ECB says

Euro area net saving slips as investment rises in third quarter

‘Paphos tourism has strong future ahead’

Consumers expect higher house prices and mortgage rates, ECB says

Money growth cools as euro area households and firms tap the brakes

Geopolitical tensions and commodity repricing hit smartphone supply chains

Third-country staff key to keeping Cyprus hotels running

Cyprus Business News

Petrolina completes €45.1m acquisition of ExxonMobil Cyprus

Cyprus SMEs invited to assess AI use under new EU compliance initiative

Cypriot regulator sanctions firms over reporting and compliance failures

Third-country staff key to keeping Cyprus hotels running

Cyprus leads EU in non-performing government loans

Cyprus Business Now: weekly wrap-up

Limassol-based maritime firm bolsters leadership with senior hire

Banking and Finance

Cypriot regulator sanctions firms over reporting and compliance failures

Money growth cools as euro area households and firms tap the brakes

Euro area net saving slips as investment rises in third quarter

Cyprus leads EU in non-performing government loans

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

Domestic demand set to drive robust economic momentum in Cyprus

Shipping

New ocean sensors could transform how scientists track the marine carbon cycle

Limassol-based maritime firm bolsters leadership with senior hire

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

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

Third-country staff key to keeping Cyprus hotels running

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

Limassol emerges as gateway for cruises and conference tourism

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

Petrolina completes €45.1m acquisition of ExxonMobil Cyprus

EU nuclear power generation rises for second year as France leads growth

EU’s LNG exposure to the US and associated risks

Record output lifts Energean to top end of 2025 guidance

Market spotlight

Citywealth IFC Awards 2026: Elias Neocleous & Co LLC named Law Firm of the Year – Cyprus

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

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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