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 entices the modern traveler with authentic, year-round experiences Focuses on culture, sport, and sustainability attract experience-driven travelers. Dorita Yiannakou 14/07/2025 | BUSINESS
Electricity bills to rise 3% starting next cycle Regulator approves EAC’s request to cover operational costs. Newsroom 12/07/2025 | BUSINESS
Novardia Credit Insurance Brokers Ltd. launches as Cyprus-based specialist in credit insurance Press Release 11/07/2025 | BUSINESS
Coca-Cola HBC Cyprus boosts economy, employment, study finds EY Cyprus report shows €77.9 million GDP impact and over 1,300 jobs supported by Coca-Cola HBC Cyprus in 2024. Newsroom 11/07/2025 | BUSINESS
Company Maspex Romania moves forward to acquire majority control of Cyprus-Based Wine Purcari One of Romanian food industry leader Maspex Romania continues the process of take over for Cyprus-Based Wine Purcari, a ... 11/07/2025 | BUSINESS
Deposit rates fall for households and businesses, while mortgage rates climb Central Bank data shows mixed trends across lending and deposit products in May. Newsroom 10/07/2025 | BUSINESS
Israeli developers to launch €40m high-rise project in Larnaca Israeli-led consortium unveils plans for 19-story luxury tower on Cyprus coastline. Newsroom 09/07/2025 | BUSINESS
New private hospital and medical campus approved for Lakatamia Hadassah Healthcare Park to bring hospital, medical school, biotech offices, and student housing to Nicosia suburb Newsroom 09/07/2025 | BUSINESS
Scammers pose as clients and bank officials to dupe Nicosia businessman out of €14,500 Police warn public to stay vigilant as fraudsters use clever tricks to steal sensitive bank info Newsroom 09/07/2025 | BUSINESS
