BANKS Higher interest rates and regional pressures test the island's economic resilience. Photo credit: Unsplash Traditional banks are funding more shadow loans Panayiotis Rougalas While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred. READ MORE
PwC Foundation awards 14 scholarships once again to first-year students of the University of Cyprus and Cyprus University of Technology The PwC Foundation continues to actively support equal access to education by awarding 14 scholarships to high-achieving ... Press Release 23/06/2026 | BUSINESS
Fuel and lubricant prices in Cyprus rise 20.5% year-on-year in May Eurostat data show the increase was close to the European Union average of 20.7%, with annual rises recorded across all ... Newsroom 22/06/2026 | BUSINESS
Invest Cyprus and ANIMA Investment Network Opened EUROMED DAYS in Nicosia, Placing Cyprus at the Centre of Euro-Mediterranean Investment Cooperation High-level forum under the framework of the Cyprus Presidency of the Council of the European Union 2026 brought together ... Press Release 22/06/2026 | BUSINESS
€1.26 million bid for Limassol’s iconic Thalassaki snack bar Famous beachfront spot attracts eye-watering offers as bidders compete for a five-year lease. Newsroom 22/06/2026 | BUSINESS
Cyprus remains attractive to investors despite ''Mafia State'' report findings Investors say Cyprus is still seen as a safe place for business, with attention focused more on how institutions respond ... Dorita Yiannakou 22/06/2026 | BUSINESS
Cyprus discusses Project Kuiper and cybersecurity cooperation with Amazon President Nikos Christodoulides and Amazon Vice President Panos Panay discuss potential collaboration in digital infrastructure, ... Dorita Yiannakou 21/06/2026 | BUSINESS
Food prices continue to rise despite lower costs for fresh produce Cold cuts, coffee, eggs and cooking oil recorded some of the largest monthly increases in May, according to the Consumer ... Newsroom 19/06/2026 | BUSINESS
Cyprus receives first €177 million payment under EU defence fund Initial SAFE disbursement accounts for 15 per cent of the country’s €1.2 billion allocation. Newsroom 19/06/2026 | BUSINESS
Cap St Georges Hotel & Resort is proud to announce that it has been recognized as the Click. EMEA 2026 Partner Spotlight Click. EMEA 2026 Partner Spotlight Property among 1,000 hotels and resorts across Europe, the Middle East and Africa (EMEA) ... Press Release 19/06/2026 | BUSINESS
AI reshapes global labour market into two distinct paths, rewarding human skills: PwC 2026 AI Jobs Barometer AI is creating a ‘two-track’ labour market: ‘professionalised’ roles and ‘democratised’ roles Press Release 19/06/2026 | BUSINESS
