6 h. ago UK and France finalise irregular migration deal despite Cyprus’ objections

The United Kingdom and France on Thursday night finalised a deal wherein the UK will begin to return irregular migrants who had crossed the English Channel back to France, despite Cyprus and four other European Union members raising objections to it. According to the British government, the deal will see a pilot scheme implemented wherein […]

Sport

6 h. ago Loan costs remain high in Cyprus while depositors see limited returns

The average interest rate for household time deposits up to one year in Cyprus stood at 1.16 per cent in the latest data published by the Central Bank of Cyprus, lagging behind the euro area average of 1.84 per cent. According to the CBC, the highest one-year household deposit rate among Cypriot banks was offered […]

Politics

8 h. ago Wall Street braces for Q2 earnings hit from Trump’s trade war

US companies are getting ready to open their books on the second quarter, with investors looking for signs of an impact from President Donald Trump’s trade war launched on April 2. While earnings growth is expected to decelerate from the first three months of the year, a sharp decline in the dollar could help to […]

Events

25 h. ago Cyprus strengthens ties with UAE in AI and tech collaboration

Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement released on Thursday. The visit aimed to “reinforce Cyprus’ role as a forward-looking hub for artificial intelligence, deep technology, and innovation-led economic growth”. “The visit formed part of Cyprus’ broader strategy under Vision 2035 to foster […]

Politics

28 h. ago Sklavenitis sets a new standard for employee benefits in Cyprus

In a remarkable move that redefines employee support within the retail sector, supermarket chain Sklavenitis has introduced the 14th salary to its entire workforce in Cyprus, including employees from the recently acquired Papantoniou stores. This initiative makes Sklavenitis the only supermarket chain on the island to offer this valuable financial benefit to all of its […]

Politics

30 h. ago Algorithmic trading risky without oversight, warns CSE official

Artificial intelligence (AI) is rapidly transforming financial markets by bringing “speed and innovation” to the sector, according to Eliza Stasopoulou, senior officer at the Cyprus Stock Exchange. However, Stasopoulou also cautioned that its successful use depends on having “strong regulations, ethical safeguards, and human oversight” to ensure technology serves the public good. She underlined that […]

Events

35 h. ago Jet2 shares fall as 2026 outlook withheld amid booking delays

British low-cost airline and travel firm Jet2 (JET2.L) said it was premature to give a forecast for fiscal year 2026 as later bookings and global uncertainty clouded visibility into future business, sending shares sharply lower on Wednesday. The global travel and leisure sector is operating against the backdrop of geopolitical disruptions and inflationary cost pressures, […]

Politics

49 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

65 h. ago UK and France must end dependency on US and China, Macron warns

French President Emmanuel Macron said on Tuesday Britain and France must work together to counter the world’s many destabilising threats and protect Europe from “excessive dependencies” on the United States and China. Macron, in a rare address to both houses of the British parliament, celebrated the return of closer ties between the two countries as […]

Events

2 d. ago Best bet before August: This DeFi innovator could overtake XRP (XRP)’s returns

As XRP continues to face regulatory delays and limited ecosystem expansion, a growing number of crypto investors are pivoting to utility-first DeFi platforms. One name quietly building momentum is Mutuum Finance (MUTM), a decentralized lending protocol that’s redefining how users earn, borrow, and stake within a fully non-custodial system. Now priced at just $0.03 in […]

Politics

2 d. ago Pafos Airport Sees Steady Passenger Flow as Cyprus Experiences Growth in Passenger Traffic

Pafos Airport Sees Steady Passenger Flow as Cyprus Experiences Growth in Passenger Traffic  routesonline.com

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 shipping giants announce ₹10,000 crore investment, marking largest FDI in Indian maritime sector

Cyprus shipping giants announce ₹10,000 crore investment, marking largest FDI in Indian maritime sector  ET Infra

Politics

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

4 d. ago Cyprus farmers urged to adopt technology in €450m rural plan

Agriculture Minister Maria Panayiotou on Monday said that the Strategic Plan for the Common Agricultural Policy (CAP) 2023-2027, with a budget of more than €450 million for rural development, is central to efforts to create “a sustainable, competitive and future-proof primary sector”. Speaking at a training day on ‘Smart agriculture in field crops’ at the […]

Politics

4 d. ago Paytiko Accelerates EU Growth With Strategic Entry Into Cyprus

Paytiko Accelerates EU Growth With Strategic Entry Into Cyprus  Kalkine Media

Politics

4 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

4 d. ago Court cancels €6.4m CySEC fine against Vardinogiannis siblings

The Administrative Court has annulled a fine of more than €6.4 million imposed by the Cyprus Securities and Exchange Commission (CySEC) on Greek business siblings Ioannis and Amalia Vardinogiannis over allegations of insider trading involving shipping sector changes and shareholding in a listed company. According to Cypriot daily Politis, the court accepted the appeals lodged […]

Events

4 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

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