64 h. ago Ask Wire real estate analytics startup poised to expand beyond Cyprus and Greece

Ask Wire real estate analytics startup poised to expand beyond Cyprus and Greece  AIM Group

Politics

3 d. ago Cyprus Business Now: AI, tourism, housing, banks, shipping, employment

Cyprus can secure a leading role in the next era of smart and sustainable tourism if it embraces Artificial Intelligence (AI) with urgency and strategic clarity, Deputy Minister for Research, Innovation and Digital Policy Nicodemos Damianou said on Wednesday, addressing a joint government conference on AI and tourism. Damianou opened his remarks by congratulating Deputy […]

Economics

4 d. ago Cyprus real estate agents call for transparency and equal treatment

The Cyprus Real Estate Agents Association (Skek), which operates under the umbrella of the Cyprus Chamber of Commerce and Industry (Keve), released a statement this week addressed to the House, outlining its efforts to amend the regulation of the profession. Specifically, it urged the House internal affairs committee to “immediately examine and vote on a […]

Politics

5 d. ago Cyprus real estate market draws record numbers of foreign buyers in 2025

Cyprus real estate market draws record numbers of foreign buyers in 2025  Kathimerini

Economics

5 d. ago Cyprus Business Now: tourism, ports, affordable houses, Keve, digital euro

A total of 500 new housing units for rent or sale will be created in Nicosia, Larnaca, Limassol and Paphos, President Nikos Christodoulides said on Tuesday. “This is an important measure that will help to ease the pressure caused by rising housing demand and will significantly contribute to reducing housing costs. It is a plan long […]

Society

6 d. ago Real estate agents president says been threatened by criminal elements

The Real Estate Agents Registration Council said on Monday that its president has personally received threats from criminal elements to withdraw a complaint filed against a real estate agent alleged to have been promoting the sale of Greek Cypriot properties in the north. The council further claimed that during this phone conversation – which it […]

Events

6 d. ago Court to decide on legality of key witness testimony in property dispute case

The Nicosia criminal court is expected to deliver its ruling on December 18 regarding the admissibility of testimony from German real estate agent Eva Isabella Kunzel, the court announced on Monday. The session focused on a ‘trial within a trial’, examining whether Kunzel’s police statement was voluntary and independent, following a previous ruling that evidence seized […]

Events

7 d. ago Investment firm buys major real estate portfolio in Greece and Italy

Investment company Yoda PLC, listed on the Cyprus Stock Exchange’s New Market (NMD), has that certain of its subsidiaries finalised a series of transactions with Prodea Real Estate Investment Company Société Anonyme to acquire a substantial portfolio of diversified commercial, office, and retail properties in Greece and Italy. The acquisition involved three distinct deals, adding […]

Economics

1 week ago Cyprus Business Now: inflation, unemployment, AI, tourism, gambling

Passenger traffic across Cyprus’ airports has exceeded 13 million travellers since January, marking the highest volume ever recorded, according to Hermes Airports. In its announcement, the company said that “for the first time in the history of Cyprus airports, passenger traffic has reached 13 million passengers since the beginning of this year (departing and arriving)”. It […]

Economics

1 week ago One year on: China’s stimulus program might have paid off in Shanghai

In September 2024, China launched a highly ambitious economic stimulus program that sought to stabilize stock and real estate markets, support consumption, and ease local financial stress while supporting further investment in high-tech sectors. But have the government’s initiatives, as well as subsequent stimulus packages, been successful?  If the Shanghai Composite Index is to be […]

Politics

1 week ago Cyprus Business Now: tourism, shipping, investment training, consumer protection

Revenue from tourism in Cyprus reached €499.9 million in September 2025, according to figures released by the Cyprus Statistical Service (Cystat) on Monday. This reflected a 10.1 per cent increase compared with €454.1m in the same month of 2024, continuing the upward trend recorded throughout the year. For the January to September 2025 period, total tourism receipts rose to €2.97 billion, up 15.4 […]

Economics

2 w. ago Cyprus Business Now: tourism, maritime, foreign exchange, loans, betting revenue

The Foreign Exchange (Forex) market is a critical pillar of global finance, but its accessibility to retail investors has created a confusing landscape. For many Cypriots seeking to understand online investment, the distinction between a regulated financial service, a betting platform, and an outright illegal boiler room scam has become dangerously blurred.  This lack of clarity is being exploited […]

Politics

3 w. ago Omnitouch deal sees doValue Cyprus expand digital services footprint

Loan and real estate management company doValue Cyprus on Friday announced that it has acquired a majority stake in Omnitouch Cyprus Ltd, thereby expanding its footprint in outsourced customer-support and digital services across the island. Cyprus-based Omnitouch provides inbound and outbound call-centre operations, online support, identity verification and confirmation services, as well as interactive voice response solutions.   In […]

Politics

3 w. ago Housing crisis discussion calls for rent caps and public investment

Housing affordability pressures in Cyprus and across the EU are prompting calls for tighter controls on property purchases by third-country nationals, faster licensing and a unified housing authority, according to participants at the 4th Akel economy forum in Nicosia. The discussion, held under the theme ‘Mass Real Estate Purchase and Housing Crisis: Right or Privilege?’, […]

Events

3 w. ago Cyprus Business Now: Keravnos, China ties, Qatar mission, BoC, shipping, tourism

Finance Minister Makis Keravnos has welcomed the European Commission’s autumn 2025 economic forecast, saying that the findings confirm the economy’s “steady progress, resilience and dynamics” despite geopolitical pressures. In a written statement, he said it was “particularly encouraging” that Brussels now expects Cyprus’ economy to grow by 3.4 per cent in 2025, revising its projection upward by 0.4 percentage points from […]

Events

3 w. ago Cyprus Business Now: tourism, vehicles, legal migrants, real estate

Cyprus recorded a strong rise in both tourist arrivals and resident returns in October 2025, underscoring a robust rebound in travel activity. According to the Cyprus Statistical Service (Cystat), tourist arrivals reached 537,744 during this time, up 17.1 per cent from the 459,106 recorded in October 2024. For January to October 2025, total arrivals amounted to 4,142,534, compared with 3,727,196 in the same period […]

Events