ECONOMY AI rollout and smart water meters announced as officials push efficiency and revenue recovery. Photo credit: Unsplash No permits without payment: Famagusta freezes developers with unpaid debts Newsroom The Famagusta District Local Government Organisation will no longer examine planning or building permit applications from individuals or companies that owe money for water or sewerage services, its president Yiannis Karousos said Wednesday. READ MORE
Big insurance shake-up coming to Cyprus Alpha Bank moves to merge Universal and Altius into a market heavyweight. Newsroom 19/12/2025 | BUSINESS
€75,000-a-bottle wines go up in flames in Limassol arson attack Luxury cellar tied to Demosthenous associate suffers heavy losses; police step up protection for foreign owner. Newsroom 19/12/2025 | BUSINESS
Kapnos Airport Shuttle expands holiday services across Cyprus 110 additional departures added to meet increased festive travel demand at Larnaca Airport. Newsroom 18/12/2025 | BUSINESS
Germany pours €50 billion into new weapons and defenses Missile shields, combat vehicles and gear for soldiers fast-tracked as critics warn of reckless spending. Newsroom 18/12/2025 | BUSINESS
Petrolina Stands by Larnaca, European Capital of Culture 2030 The company has provided tangible support to the Municipality of Larnaca and Larnaca 2030 from the very beginning of the ... Press Release 17/12/2025 | BUSINESS
November tourism jumps 30%, giving Cyprus a late-season win UK, Poland and Israel lead arrivals as more visitors come for holidays. Newsroom 17/12/2025 | BUSINESS
Invest Cyprus gives new momentum to relations between Cyprus and the United Arab Emirates A Memorandum of Understanding was signed for the establishment of the Joint Cyprus – UAE Business and Investment Council. ... Press Release 17/12/2025 | BUSINESS
Cyprus 2024 data show that the gender pay gap persists across sectors Women make up the majority of earners in the €1,000-€1,999 salary range but are underrepresented in positions paying over ... Newsroom 16/12/2025 | BUSINESS
Cypriot banks see lower profits but growing assets in 2025 Earnings for the first nine months fell by €237 million, mainly due to weaker net interest income. Newsroom 16/12/2025 | BUSINESS
A new player in Cyprus’ electricity market SEPIE launches with a mission to make electricity fairer, smarter, and more transparent for all. Press Release 16/12/2025 | BUSINESS
