50 m. ago Cyprus building permits fall but value rises to €361.5 million

The Cyprus Statistical Service (Cystat) on Friday announced a reduction of 1.9 per cent in the number of building permits issued during March 2025, when compared to the same month last year. A total of 572 building permits were authorised in March 2025, down from 583 in March 2024. The total value of these permits […]

Politics

48 h. 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

2 d. ago Larnaka Airport Boosts Air Travel Growth as Cyprus Sees Rising Demand Year

Larnaka Airport Boosts Air Travel Growth as Cyprus Sees Rising Demand Year-Round  routesonline.com

Transport

3 d. ago Cyprus industrial sector value added rises 11.3 per cent in 2023

Employment in Cyprus’ industrial sector rose by 1.2 per cent in 2023, reaching 42,600 people compared to 42,100 in 2022, according to official figures published in the Survey on Industrial Production 2023. The largest share of industrial employment was in manufacturing, which accounted for 37,400 jobs. Mining and quarrying employed 600 people, electricity supply 2,400, […]

Politics

3 d. ago Oil rises as tight market outweighs OPEC+ supply hike and tariff risk

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the potential impact of US tariffs, with prices rising as a tight physical market lent support. The Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, agreed on Saturday […]

Events

4 d. ago Now, European Tourism Holds Steady in Q2 2025: Malta Joins Cyprus, Latvia, Lithuania and Hungary In Leading the Growth

Now, European Tourism Holds Steady in Q2 2025: Malta Joins Cyprus, Latvia, Lithuania and Hungary In Leading the Growth  Travel And Tour World

Politics

5 d. ago UK lenders report surprise rise in mortgages in May, consumer lending cools

The number of mortgages approved by British lenders for house purchases unexpectedly jumped in May, according to Bank of England data that suggested the housing market recovered quickly from the end of a tax break for homebuyers in April. Mortgage approvals rose to 63,032 in May from 60,656 the month before, and confounding the median […]

Politics

6 d. ago Dozens of lifeguard towers unmanned in Cyprus as beach safety concerns rise

Dozens of lifeguard towers unmanned in Cyprus as beach safety concerns rise  Kathimerini.com.cy

Politics

8 d. ago Cyprus house prices continue to rise in first quarter of 2025

The general house price index in Cyprus, which includes both houses and apartments, continued its upward trajectory on an annual basis during the first quarter of 2025, according to data published by the Central Bank of Cyprus (CBC). The increase came amid a slowdown in apartment price growth and a faster pace of increase in […]

Politics

9 d. ago Cyprus Business Now: tourism, banks, maritime, real estate, technology

Tourism revenue in Cyprus experienced a significant rise in April 2025, reaching €304.2 million according to the latest results from the passengers survey conducted by the state statistical service. This represents a 39.9 per cent increase compared to April 2024, when revenue stood at €217.4 million. The stastitistical service also reported that tourists from Lebanon, […]

Economics

1 week ago Cyprus flag proves its value in global crises, says minister

Cyprus recorded an 18 per cent rise in ship registrations in 2023, the highest annual increase since the Shipping Deputy Ministry’s creation in 2018, driven by expanded global services and efforts to build closer ties with shipowners. In a televised interview aired on the Greek Parliament channel as part of the programme Ellines Ainaftes, Deputy […]

Politics

2 w. ago Netherlands, Spain, Malta, Cyprus Drive The Strategic Focus Of Manston Airport’s Passenger Revival, Aligning With Rising Travel Demand, Market Gaps, And Sustainable Aviation Growth

Netherlands, Spain, Malta, Cyprus Drive The Strategic Focus Of Manston Airport’s Passenger Revival, Aligning With Rising Travel Demand, Market Gaps, And Sustainable Aviation Growth  Travel And Tour World

Transport

2 w. ago Travel expert discusses Cyprus holiday safety as tensions rise in Middle East

Travel expert discusses Cyprus holiday safety as tensions rise in Middle East  Nottingham Post

Politics

2 w. ago With defence spending set to rise, Trump reassures NATO allies

NATO leaders were set to sign up on Wednesday to a big increase in defence spending at a short summit tailor-made for U.S. President Donald Trump, who struck a reassuring tone on his commitment to protecting fellow members of the alliance. The summit is expected to endorse a higher defence spending goal of 5% of […]

Politics

2 w. ago Ripple (XRP) rises on ETF hype – While a $0.03 lending protocol flies under radar

Ripple (XRP) has reclaimed market attention as ETF speculation resurfaces across major news outlets. The narrative of institutional adoption continues to dominate headlines, boosting short-term interest in legacy altcoins. However, while attention concentrates on regulatory headlines, smaller DeFi protocols are building practical infrastructure designed for sustained use, not temporary sentiment. One such example is Mutuum […]

Politics

2 w. ago Global cloud spending rises to $90.9 billion in first quarter

Global spending on cloud infrastructure services reached $90.9 billion in the first quarter of 2025, according to estimates by industry analysts Canalys. The company reported that this represents a 21 per cent increase compared to the same period in 2024. Enterprises have recognised that deploying AI applications requires renewed emphasis on cloud migration. Large-scale investment […]

Economics

3 w. ago Cyprus’ petrol prices begin to rise amid Middle East conflict

Petrol prices in Cyprus have begun to rise as a result of the ongoing conflict between Iran and Israel, with petrol station owners’ association chairman Savvas Prokopiou on Thursday saying two importing companies had raised their wholesale prices the previous day. Speaking to the Cyprus News Agency, he added that he expects Cyprus’ remaining fuel […]

Events

3 w. ago Israeli ports become departure points for Cyprus as tensions rise

Israeli ports become departure points for Cyprus as tensions rise  Middle East Monitor

Politics

4 w. ago Cyprus wholesale trade and vehicle services grow in first quarter

The value of wholesale trade and motor vehicle-related activities in Cyprus continued to rise in the first quarter of 2025, according to data released on Friday by the state statistical service. The turnover value index for wholesale trade, except of motor vehicles, recorded an annual increase of 4.8 per cent compared to the same period […]

Politics

4 w. ago Larnaca and Paphos Airports Break Records with Four Million Passengers in First Five Months of 2025 Reflecting Strong Growth and Robust Recovery in Cyprus Aviation Industry

Larnaca and Paphos Airports Break Records with Four Million Passengers in First Five Months of 2025 Reflecting Strong Growth and Robust Recovery in Cyprus Aviation Industry  Travel And Tour World

Politics