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 fuel prices raise eyebrows and questions As diesel and heating oil prices soar above EU averages, thousands of Cypriots are heading to the occupied north for cheaper ... Newsroom 06/05/2025 | BUSINESS
Greek universities set up shop in Cyprus, but this time, you’ll pay tuition Top public universities from Greece are launching local branches with fees, while Cyprus’ own University of Nicosia prepares ... Newsroom 06/05/2025 | BUSINESS
€50M ALPHAMEGA complex set to transform Nicosia shopping scene Shops, restaurants, offices, and a state-of-the-art hypermarket coming to Nicosia’s west side, with solar power, 640 parking ... Newsroom 06/05/2025 | BUSINESS
Lidl Cyprus steadily supports the work of the Cyprus Red Cross with a new donation of 50,000€ Press Release 06/05/2025 | BUSINESS
Emirates and AEGEAN enhance partnership to offer reciprocal loyalty benefits Press Release 05/05/2025 | BUSINESS
European hoteliers take on Booking.com over high commissions Lawsuits and heated discussions expected as industry fights for more power in online bookings. Newsroom 30/04/2025 | BUSINESS
Fake 'local' produce? €35,000 in fines uncover product labeling misconduct in Cyprus Fines imposed for unfair agricultural practices total €35,000 since 2022 Newsroom 29/04/2025 | BUSINESS
Cypriots eye business opportunities, but fear of failure still looms New national report reveals growing confidence and skills among aspiring entrepreneurs, but risk aversion and red tape continue ... Newsroom 29/04/2025 | BUSINESS