3 h. ago Cyprus Business Now: economy forecast, BoC, AstroBank, shipping, tourism revenue

The Finance Ministry on Friday published its strategic fiscal policy framework for the period 2026 to 2028, forecasting stable economic growth and a steady decline in public debt over the next four years. Growth is expected to range between 2.9 per cent and 3.1 per cent during the period, with the public debt projected to […]

Economics

14 h. ago Damianos met with Greek Deputy Health Minister Marios Themistocleous in Nicosia

Health Minister Michael Damianos met with his Greek Deputy counterpart Marios Themistocleous at the Health Ministry to discuss the strengthening of bilateral cooperation in the health sector on Friday. “We are here to further discuss the strengthening of these relations and what we have done and what we will do in the coming months, always […]

Politics

18 h. ago Cyprus, Unesco sign cooperation deal to protect cultural heritage

The preservation of Cyprus’ tangible and intangible cultural heritage is a priority that requires collaboration with the academic and research community – which is why the memorandum of cooperation signed on Friday between the Cyprus Institute and Unesco is of paramount importance. Deputy Culture Minister Vasiliki Kassianidou said the memorandum sealed “a partnership of strategic […]

Culture

20 h. ago Mayor “totally against” shelter for unaccompanied minors on Koag land

The mayor of Dromolaxia-Meneou is “totally against” the creation of a shelter for unaccompanied minors on Cyprus Land Development Corporation (Koag) land, warning that the municipality will take strong measures if authorities proceed with their plans. “Last year, the deputy ministry of social welfare requested the municipality’s opinion on the use of a plot of land […]

Politics

21 h. ago Cyprus expects public debt to drop to 43 per cent of GDP by 2028

The Finance Ministry on Friday published its strategic fiscal policy framework for the period 2026 to 2028, forecasting stable economic growth and a steady decline in public debt over the next four years. Growth is expected to range between 2.9 per cent and 3.1 per cent during the period, with the public debt projected to […]

Politics

22 h. ago Hotels near full as diverted flights bring 2,400 unexpected guests

Hotel occupancy in Cyprus is nearing full capacity after 16 flights were diverted from Israel to Larnaca and Paphos airports, following Israel’s strike on Iran. The roughly 2,400 passengers from those flights are now being housed in hotels across the island. “We were informed by the deputy ministry of tourism that the passengers of these […]

Sport

23 h. 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

25 h. ago Spaun tames Oakmont for US Open lead while big names struggle

Unheralded J.J. Spaun outshined the game’s top players and led the U.S. Open by one shot after the first round on Thursday at steamy Oakmont Country Club where the big names like Scottie Scheffler, Bryson DeChambeau and Rory McIlroy all struggled. Much of the talk this week has been how the notoriously challenging course would […]

Politics

40 h. 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

41 h. 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

45 h. ago 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

46 h. ago Rostro hires former Equiti Cyprus CEO Hesham Hasanin to head trade solutions

Rostro hires former Equiti Cyprus CEO Hesham Hasanin to head trade solutions  FX News Group

Politics

47 h. ago Deutsche Bank may return to Cyprus, says bank association president

Merger initiatives have accelerated in Cyprus, according to Aristidis Vourakis, president of the Association of Cyprus Banks and CEO of AstroBank, who also revealed that Deutsche Bank is considering a return to the island. Speaking during his address at the annual general assembly of the Association of Cyprus Banks, Vourakis stated that two major mergers […]

Politics

47 h. ago Keravnos urges banks to lend more, support startups and green growth

Finance Minister Makis Keravnos on Thursday called on the Cypriot banking sector to step up lending, support innovation and startups, and embrace cultural change through digital transformation. “The challenges facing the banking sector are significant and require continuous adaptation, innovation and investment,” he said during the annual general meeting of the Association of Cyprus Banks. […]

Politics

49 h. ago Financial stability in Cyprus not to be taken for granted, warns CBC chief

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday urged Cypriot banks to remain “vigilant and adaptive” in the face of mounting global uncertainty, stressing their role as “pillars of trust and economic stability”. Speaking at the annual general meeting of the Association of Cyprus Banks (ACB), held at the Hilton Nicosia, Patsalides outlined […]

Events

52 h. ago Shipping risks intensify as ICS calls for unified global response

The latest ICS Maritime Barometer highlights continued pressure on the global shipping industry, as maritime leaders face a combination of geopolitical instability, rising regulatory demands and growing cyber-security risks. Based on responses from 133 senior executives, the third annual edition of the report points to a decline in confidence across key operational areas, emphasising the […]

Events

53 h. ago Cyprus Business Now: Eurobank, hospitality, tourism, illicit trade, real estate

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director General of the European Banking Federation (EBF). Speaking to the in an exclusive interview with the Cyprus News Agency (CNA), Mijs highlighted the substantial reduction of non-performing loans, […]

Economics

56 h. ago Our View: Politicians cooperating with the EAC unions that protect EAC’s monopoly

Disy deputy Kyriakos Hadjiyiannis was perfectly justified to censure President Nicos Christodoulides for his “highly unlawful” intervention in the setting of the electricity authority’s new tariff. The tariff increase of 7.5 per cent, which was requested by the EAC and is linked to the authority’s 10-year development programme, had been approved by the Cyprus Energy […]

Politics

64 h. ago Chancellor sets out over £2 trillion of spending to revive government

British Chancellor Rachel Reeves prioritised spending on health, defence and infrastructure projects to drive economic growth in a bid on Wednesday to reboot the Labour government’s offer of a brighter future to increasingly disillusioned voters. Setting out day-to-day budgets for government departments from 2026 to 2029 and investment plans out to 2030, Reeves said the […]

Politics

65 h. ago Around 20,000 journalists, delegates to visit Cyprus during EU presidency

Around 20,000 journalists and delegates will be arriving in Cyprus during the country’s EU rotating presidency in the first half of 2026, Deputy Minister for European Affairs Marilena Raouna told MPs on Wednesday. Raouna said that Cyprus would be chairing 195 working groups and subgroups, and 258 meetings, and would be handling 330 legislative files, […]

Sport