3 d. ago Cyprus trade turnover rises 5.7 per cent to €19.34 billion in 2023

Cyprus’ trade sector recorded positive growth in 2023, according to the state statistical service’s wholesale and retail trade survey, the results of which were released on Wednesday. Turnover and employment both increased during the reporting period, although value added at current prices fell slightly due to declining fuel prices. The report showed that total turnover […]

Politics

3 d. ago Cyprus considers electricity bill surcharge to fund €25 million energy project payment

Cyprus considers electricity bill surcharge to fund €25 million energy project payment  Kathimerini.com.cy

Economics

5 d. ago TechIsland launches initiative to support legal professionals in tech sector

TechIsland, Cyprus’ largest technology association, on Monday announced the creation of the TechIsland Legal Community. According to the announcement, this is a new professional initiative dedicated to lawyers, legal advisors, and compliance professionals operating in the country’s fast-growing tech sector. “As part of its broader mission to strengthen Cyprus’ position as a regional tech hub, […]

Politics

5 d. ago UK homebuilding returns to growth but commercial sector slumps

The downturn in Britain’s construction industry abated slightly in June as homebuilding returned to growth, but commercial building activity tumbled thanks to mounting worries about the economy, a survey has shown. The S&P Global UK Construction Purchasing Managers’ Index rose to 48.8 from 47.9 in May, a six-month high but still below the 50 threshold […]

Politics

1 week ago Why Windows VPS is the smart choice for Cyprus’s growing tech sector

Introduction Cyprus is on the cusp of a technological renaissance, with a burgeoning sector that is eager to leverage modern digital solutions. Among the frontrunners in this wave of transformation is the adoption of Windows Virtual Private Servers (VPS). Positioned as a reliable and efficient hosting solution, Windows VPS is capturing the attention of tech-savvy […]

Politics

1 week ago Eurobank to fund €2 million care centre and homes for people with disabilities

Eurobank on Tuesday announced the development of a day care centre for people with disabilities over the age of 21, along with two independent living residences for adults with autism. According to the announcement, the €2 million project will be implemented in collaboration with the Deputy Ministry of Social Welfare as part of Eurobank Group’s […]

Economics

3 w. ago IMF calls for judicial and bureaucratic reform to sustain growth in Cyprus

By Dr Νicolas Kyriakides, Assistant Professor, Director of the Procedural Law Unit, University of Nicosia, President of the Reform Committee of the Cyprus Bar Association In its latest Article IV Consultation report on Cyprus, released on 13 May 2025, the International Monetary Fund (IMF) praised the country’s solid economic performance but strongly emphasised the urgent […]

Politics

3 w. ago Cyprus Business Now: CIFA, copper, taxes, Pissouri, competitiveness

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity seen in the sector, with recent developments underscoring the country’s ambition to position itself as a credible European investment hub. According to Panayiotou, the […]

Economics

3 w. ago Cyprus fund sector grows into key pillar of economy, says CIFA head

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity seen in the sector, with recent developments underscoring the country’s ambition to position itself as a credible European investment hub. According to Panayiotou, the […]

Politics

4 w. ago President hails Cyprus’ maritime growth, invites ICS to Cyprus for 2026

President Nikos Christodoulides on Thursday praised Cyprus’ maritime sector during his address at the general assembly of the International Chamber of Shipping, which took place in Athens. “We are proud of the remarkable growth and ongoing success of our shipping sector, and we are working to expand it towards new horizons,” Christodoulides said. He added […]

Politics

last month Copper Island Launches in Cyprus: A New Chapter in Global Filmmaking

The launch marks a significant investment in Cyprus’s creative sector and highlights the country’s growing role as a dynamic player in the international film industry

Politics