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 proposes opening Turkish port to Cypriot ships Cyprus offers Turkey a chance to lift the 1987 port ban in exchange for concessions on EU visas for Turkish businessmen. ... Newsroom 28/04/2025 | BUSINESS
Ancoria Bank shifts to Cypriot hands in major shake-up Kostas Kleanthous takes control with a bold plan to build a people-first bank focused on small businesses and personal service. ... Newsroom 28/04/2025 | BUSINESS
Athens airport takes off toward a greener future Massive €1.28B upgrade to include rooftop gardens, renewable energy, and smart waste systems, without pausing a single flight ... Kathimerini Greece Newsroom 26/04/2025 | BUSINESS
Apple ditches China for India to dodge Trump’s tariffs iPhones for the U.S. will soon be made in India, as Apple races to avoid costly import taxes Newsroom 25/04/2025 | BUSINESS
Why electric vehicle grants are being put on hold Ministry of Transport revises targets, cites low demand Newsroom 24/04/2025 | BUSINESS
From brain drain to brain gain: Cyprus rolls out incentives to bring talent home Cyprus offers tax incentives to bring back citizens working abroad Newsroom 24/04/2025 | BUSINESS
Cyprus foreign companies pledge 30% local workforce by 2027 Aiming for a more balanced workforce, Cyprus pushes for local hiring in the growing tech sector, with a focus on creating ... Newsroom 24/04/2025 | BUSINESS
Shell Cyprus takes you to Monza to feel the pulse of Formula 1 in person! Press Release 23/04/2025 | BUSINESS
From Silicon Valley to Cyprus, tech titans eye the island for their next big move OpenAI, Amazon, and other global giants are exploring a physical presence in Cyprus, while Indian firms prepare to land—and ... Newsroom 23/04/2025 | BUSINESS
