38 h. ago Cyprus Business Now: BoC rates, hoteliers association, employment, Vassiliko

The Bank of Cyprus on Friday announced a fresh reduction in its reference interest rate for loans linked to the European Central Bank’s (ECB) base rate, in direct response to the ECB’s latest monetary easing. The bank will lower its rate from 2.40 per cent to 2.15 per cent, with the change taking effect from […]

Politics

56 h. ago TKI and Hybrid ConsulTech merge under unified brand, establish EMEA in Cyprus

Following a year of collaboration under a joint venture agreement, U.S.-based TKI and Cyprus-based Hybrid ConsulTech have merged operations and will now formally operate under the unified TKI brand. The integration marks a strategy in aligning both companies’ global operations and delivering enterprise-grade AI solutions across regions. TKI, which has operated for over two decades […]

Politics

60 h. ago Cyprus delegation explores energy deals in UAE utilities event

Cyprus participated for the first time with a national event at the World Utilities Congress 2025, held at the Abu Dhabi National Exhibition Centre. The event aimed to showcase Cyprus’ strengths in solar thermal energy, infrastructure and water management, and to expand public-private sector collaboration across the region. The country’s presence was coordinated by the […]

Politics

67 h. ago CySEC imposes fines on 13 listed companies for 2023 financial report delays

The Cyprus Securities and Exchange Commission (CySEC) has announced the imposition of administrative fines on thirteen listed companies for breaches of the Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law of 2007, as amended. The fines relate to failures in the timely publication of half-year financial reports for the year 2023. A […]

Politics

3 d. ago Trump, Musk feud explodes with threats of cutting contracts, backing impeachment

President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk’s companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media. The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office. Within hours, the once-close relationship had disintegrated in full […]

Politics

3 d. ago Asset Management Companies And Hedge Funds Registration In Cyprus

Asset Management Companies And Hedge Funds Registration In Cyprus  Mondaq

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

3 d. ago Our View: Are suggestions of producing ‘cutting edge military equipment’ anything other than fantasy?

When President Nikos Christodoulides first spoke about his government’s plans to develop Cyprus’ defence industry at the end of last year, many may have thought he was joking. He was not, as shortly afterwards he announced ‘six actions’ to boost the local defence industry. These included the participation of Cyprus companies in military equipment programmes […]

Sport

4 d. ago EU removes Cyprus from list of countries with macroeconomic imbalances

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 […]

Economics

4 d. ago Higher metals tariffs kick in as deadline for ‘best’ offers arrives

The US tariff rate on most imported steel and aluminum doubled on Wednesday as President Donald Trump ratchets up a global trade war on the same day he expects trading partners to deliver their “best offer” in bids to avoid punishing import tax rates on other goods from taking effect in early July. Late on […]

Events

5 d. ago Cyprus defence industry sees rapid growth, generates €40 million annually

Cyprus’ defence industry has expanded significantly in recent years, growing from just a handful of companies to around 30, and now generates approximately €40 million in annual revenue, the House energy, commerce and industry committee heard on Tuesday. Defence Minister Vasilis Palmas described the industry as a matter of “emblematic importance” and reaffirmed that its […]

Politics

5 d. ago airBaltic, Bulgaria Air, Cyprus, Uzbekistan Airways Partners with AirIndia and IndiGo Partnership with Delta, AirFrance

airBaltic, Bulgaria Air, Cyprus, Uzbekistan Airways Partners with AirIndia and IndiGo Partnership with Delta, AirFrance-KLM, Virgin Atlantic Along with Privatization of Indian Airports Become a Cornerstone for Airline Industry, Surely It Boosts India Outbound Tra  Travel And Tour World

Politics

5 d. ago EAC proposes 3 per cent tariff hike after presidential intervention

The electricity authority (EAC) is to propose a 3 per cent increase in the price of electricity paid by consumers, its chairman George Petrou said on Tuesday. The plan comes after the EAC had initially requested from the Cyprus energy regulatory authority (Cera) that consumer tariffs be raised by 7.5 per cent, with President Nikos […]

Politics

5 d. ago CySEC ‘collecting data before investigating’ Paphos mayor’s cartel claims

The Cyprus securities and exchange commission (CySEC) on Tuesday said it is “taking practical steps to collect all the available data and information” before deciding whether it will investigate claims made by Paphos mayor Phedonas Phedonos regarding alleged links between foreign exchange companies in Cyprus and Latin American drug cartels. The commission insisted that it […]

Events

6 d. ago Cyprus receives two firefighting helicopters ahead of summer season

Cyprus has taken delivery of two helicopters to support wildfire response efforts, as part of the defence ministry’s preparations for the summer fire season. The aircraft were received under a leasing agreement signed with a private contractor, defence ministry spokesman Christos Pieris confirmed on Monday. The lease provides immediate reinforcement of the country’s aerial firefighting […]

Sport

6 d. ago Webinar: Navigating The Evolving Private Wealth Landscape In Cyprus

Webinar: Navigating The Evolving Private Wealth Landscape In Cyprus  Mondaq

Politics

6 d. ago Protesters to rally against reopening of Makarios Avenue to cars

Citizen groups and affected will protest on Thursday against the decision by Nicosia Municipality to reopen the northern section of Makarios Avenue to private vehicles. Under the slogan A Lively Makarios Ave for People, Not for Cars, a series of actions and measures aimed at reversing this decision will be held, starting with a protest on […]

Politics

6 d. ago Minister: I can’t tell if prices will go down after electricity privatisation

Energy Minister George Papanastasiou on Monday said he “cannot tell” if consumers’ energy bills will go down after Cyprus’ electricity grid is opened to private companies. “I cannot tell you whether the price will go down, because this particular model, namely the ‘target model’, has not been tested in small markets such as in Cyprus,” […]

Politics

6 d. ago Companies turn to private credit during tariff turmoil for loans

Tariff uncertainty and market volatility have sent some companies looking for a flexible, more certain route to funding from private credit firms, resulting in the spurning of traditional lenders in some cases. A number of companies have selected loans from private credit providers over traditional forms of credit since the beginning of April when back-and-forth […]

Sport

7 d. ago We don’t shoot strays anymore, but overall treatment appalling

Many, many years ago, the government of the day decided to shoot all the many strays that were wandering around the streets. There were even reports of shooting dogs on leashes and in people’s private gardens. The government wanted to eliminate a terrible disease that was affecting dogs and also humans. My son, born in […]

Events