ECONOMY Corporate debt remains high with lower investment activity across non-financial sectors. Photo credit: Unsplash Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024 Newsroom Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector. READ MORE
Cyprus airports set for €170M makeover as passenger growth soars Hermes Airports chairman reveals bold expansion plans, says Larnaka and Pafos to become ''world-class travel hubs'' by 2027 ... Shemaine Bushnell Kyriakides 23/07/2025 | BUSINESS
Outdoor heavy work suspended island-wide amid intense heatwave Labour Ministry orders midday halt to protect workers as temperatures soar across the island Newsroom 23/07/2025 | BUSINESS
XM investors await green light to take over Ancoria Bank Two local fintech investors eye 80% stake in Ancoria, promising modern banking for small businesses and everyday customers, ... Newsroom 23/07/2025 | BUSINESS
Cyprus unveils €15 million employment schemes targeting women and over-50s Initiatives aim to create 1,760 jobs and boost workforce participation among underrepresented groups. Newsroom 22/07/2025 | BUSINESS
Cyprus at a crossroads: Can the island become a regional business powerhouse? Kathimerini’s Dorita Yiannakou sits down with Invest Cyprus President Evgenios Evgeniou to talk tech, talent, and the road ... Newsroom 22/07/2025 | BUSINESS
Women still earn less in Cyprus Despite higher education levels, women continue to receive lower wages than men. Newsroom 21/07/2025 | BUSINESS
Tax Department announces reopening of Tax For All System on July 21 Extended deadlines and transition details announced for VAT and withholding tax filings. Newsroom 18/07/2025 | BUSINESS
Government cuts out locals in €35M energy deal ahead of electricity market opening Private investors pushed aside as state takes over just before electricity market opens up. Newsroom 18/07/2025 | BUSINESS
AEGEAN invests in two new Airbus A321neo XLR aircraft with even greater range and comfort New direct flights to New Delhi and Mumbai in India to commence as of March 2026. Press Release 18/07/2025 | BUSINESS
