3 d. ago Cyprus housing market surges in early 2025, driven by demand for new builds

Cyprus’ housing market recorded a strong start to 2025, with residential property sales rising sharply in both volume and value during the first quarter, according to a report released on Thursday by Landbank Analytics. The analysis, based on contracts of sale submitted to the Department of Lands and Surveys, showed a notable increase in demand […]

Politics

3 d. ago Cyprus Business Now: property market, Jumbo, RIF, tourism, European Commission

Cyprus is no longer considered a country with macroeconomic imbalances, according to the European Commission’s 2025 Spring Package under the European Semester. This decision follows a sustained reduction in vulnerabilities related to external and private debt, supported by strong economic growth. At the same time, the European Commission has issued targeted policy recommendations to guide […]

Society

5 d. ago Our View: Will electricity market liberalisation lower prices?

The Cyprus electricity market will open to independent producers in mid-September and from October 1, the trading in electricity will commence. The opening up of the market, which was meant have taken place years ago, but was repeatedly postponed for a variety of reasons, was finally announced by the Cyprus energy regulator Cera last week. […]

Economics

8 d. ago Cyprus competitive electricity market to launch September 2025 with uncertain price impact

Cyprus competitive electricity market to launch September 2025 with uncertain price impact  Philenews

Economics

1 week ago Why local SEO should be part of every business plan in Cyprus

Effective local SEO has never been more critical to search visibility and should be a major consideration in every business plan. This is particularly the case for Cyprus, where businesses operate in a small but dynamic market. If you have a café in Nicosia, a law firm in Limassol, or a rental car business in […]

Politics

1 week ago Paphos leads house price growth, Nicosia lags behind as market slows

Cyprus’ housing market continued to cool in the fourth quarter of 2024, with Paphos recording the strongest price growth while Nicosia posted the weakest performance, a marginal annual decline, according to the latest data from the Central Bank of Cyprus (CBC). The general House Price Index (HPI), compiled by the CBC in cooperation with the […]

Economics

1 week ago Chinese automaker BYD enters Cyprus market with three electric and hybrid models (photos)

Chinese automaker BYD enters Cyprus market with three electric and hybrid models (photos)  Philenews

Culture

1 week ago Chinese automaker BYD joins Cyprus market with three electric and hybrid models (photos)

Chinese automaker BYD joins Cyprus market with three electric and hybrid models (photos)  Philenews

Culture

2 w. ago Bank of Cyprus buys back 339,586 shares as part of €30m repurchase programme

The Bank of Cyprus on Friday has announced that it repurchased a total of 339,586 of its ordinary shares between May 16, 2025, and May 22, 2025. The shares, each with a nominal value of €0.10, were bought on both the Cyprus Stock Exchange (CSE) and the Main Market of the Regulated Securities Market of […]

Economics

3 w. ago UK jobs market cools further, offering some relief to Bank of England

Britain’s jobs market cooled again last month, according to data that showed the impact of a tax hike on employers and Donald Trump’s trade tariffs but is likely to give some reassurance to the Bank of England that inflation pressures are waning. Provisional tax office figures published this week showed the number of employees fell […]

Economics

3 w. ago Could tech finally meet the market through the Cyprus Stock Exchange?

The question is no longer hypothetical. As Cyprus sharpens its image as a destination for innovation, the Cyprus Stock Exchange (CSE) is quietly positioning itself as an untapped gateway for tech firms seeking both funding and credibility. Speaking at the TechIsland Summit on May 15, Acting General Manager of the Cyprus Stock Exchange, Nicos Trypatsas, […]

Sport

3 w. ago Betting market enters new era with launch of Cyprus Online Gaming Association

The establishment of the Cyprus Online Gaming Association (COGA) marks a milestone for the Cypriot online betting market, signalling the beginning of a new era of growth and outward orientation for the sector. The founding members of the Association include Stoiximan, Bet365, and Bet on Alfa — leading providers actively operating in Cyprus. With its […]

Politics

4 w. ago Electric and hybrid cars gain ground as overall vehicle registrations drop

Electric and hybrid cars are making up an increasing share of new vehicle registrations in Cyprus, even as total registrations continue to decline. Between January and April 2025, electric vehicles accounted for 4.8 per cent of passenger saloon car registrations, up from 3.6 per cent during the same period in 2024. Hybrid cars also saw […]

Politics

last month 15 years of Lidl Cyprus: a common journey, a great celebration

Over 900 participants celebrated the company’s unity and vision in an unforgettable event. On the occasion of completing 15 years of presence in the Cypriot market, Lidl Cyprus held an all-day festive event for all its members and their families. In a warm and festive atmosphere, participants had the opportunity to enjoy moments of creativity […]

Politics