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1. European prosecutors freeze Greek assets in €115m Cyprus-linked VAT case

European prosecutors have frozen property and vehicles in Greece belonging to five people linked to an alleged multi-million-euro VAT fraud built around iPhone trading. The European Public Prosecutor’s Office estimates the unpaid tax at €115.5 million, with the bulk arising in Sweden....

2. Averof keeps election plans unclear, puts fuel bills in the spotlight

Averof Neofytou had plenty to say on Friday about what people are paying at the pump. On what he intends to do about the presidential election, the answer remained less clear....

3. EMGF Forum: Accelerating the Eastern Mediterranean’s Role as an Energy Corridor for Europe

The development of the Eastern Mediterranean into an interconnected energy corridor, capable of making a meaningful contribution to security of supply across the wider region, was at the heart of the high-level event co-hosted by HELLENiQ ENERGY and the East Mediterranean Gas Forum (EMGF) on Wednesday, 7 October, in Athens. ...

4. Cyprus investment firm fined €100,000 over misleading information

When an investment company promotes its services online, customers should be able to understand the offer without being misled. And if it gives investment advice, it must have permission to do so....

5. Cyprus ship registry grows 27% as island courts Japanese shipping

A ship does not have to sail into Limassol to have a connection to Cyprus. By registering under the Cyprus flag, shipowners choose the island as their vessel’s legal home, bringing business to a maritime sector that extends well beyond the waterfront....

6. ''The greatest risk for Cyprus is remaining a passive consumer of artificial intelligence''

With a career that has brought her close to the most influential centres of political and technological decision-making in the United States and Europe, Nina Schick is now ranked among the world’s top 20 speakers on artificial intelligence....

7. A different kind of Saturday traffic: 23 boats set sail for peace

Anyone looking out to sea between Larnaca and Ayia Napa on Saturday may find a little more to watch than the usual horizon....

8. Energy bills, Schengen and the power cable: Cyprus’ priorities in Brussels

For households watching their energy bills and businesses struggling with running costs, President Nikos Christodoulides took a practical request to Brussels: Give governments more room to help....

9. Artificial intelligence at the heart of a new global power struggle

The global struggle for power in artificial intelligence, and its implications for work, the economy, innovation and geopolitics, took centre stage at the Digital Agenda Cyprus Summit 2026, held on Wednesday, October 14, at the Nicosia Municipal Theatre. This year’s theme was “AI Wars – Challenging the Balance of Power: Life, Work, Country, Region”....

10. 200 Talents Stand Out at Robotex Cyprus 2026

Another highly successful Robotex Cyprus 2026 Awards Ceremony was organised by the Cyprus Computer Society (CCS) and hosted by the Bank of Cyprus on 14 October 2026. ...

11. A Swiss bank without Switzerland? UBS weighs a move abroad

How big can a bank become before its home country can no longer afford to rescue it? That question is at the heart of a dispute in Switzerland, where banking giant UBS is considering whether its future could lie abroad....

12. Funeral home accused of arranging fake death certificates for up to €200

A representative of licensed funeral homes in Cyprus has alleged that some funeral businesses arrange death certificates without medical examinations, potentially allowing relatives to access assets or transfer property after a person's death....

13. Hold the burger: Paphos’ new fries spot makes potatoes the main event

The fries have had enough of being the sidekick. In Paphos, a new delivery-only venture is giving them top billing, no burger required....

14. December in sight for Schengen decision

Cyprus is pushing for a December discussion on its entry into the Schengen travel zone, with President Nikos Christodoulides in Brussels on Thursday for European Council meetings and talks with fellow EU leaders....

15. Vino Cultura Celebrates 20 Years of Wine, People and Hospitality

16. Eight bidders, €180 million and a second chance for Cyprus’ stalled gas terminal

Eight bidders, €180 million and one second chance for Cyprus’ failed gas terminal. The government is trying again to finish Vasiliko, a project meant to help bring down electricity costs that has instead become a costly lesson in delays....

17. Client Experience: Building stronger businesses through better relationships

Client expectations continue to evolve across every industry....

18. Max Nikias: ''Where you begin does not determine how far you can go''

From a small village in Cyprus to the presidency of one of the leading universities in the United States, Chrysostomos Loizos Nikias, better known as C.L. Max Nikias, has followed a path connecting science with leadership and education with innovation....

19. New Chinese electric car brand enters the Cypriot market

A new electric vehicle brand has entered the Cypriot market, with Chinese automaker Linktour Automotive introducing its Alumi model to local consumers. CHR Prime Vehicles Ltd is the brand’s official representative in Cyprus....

20. Is Cyprus ready for the AI revolution? Digital Agenda Summit puts the question to the test

Artificial intelligence is transforming the workplace and the global balance of power, prompting questions about whether Cyprus and Europe are prepared to adapt quickly enough. These issues took center stage as Digital Agenda Summit 2026 opened in Nicosia on Wednesday under the theme “AI WARS: Challenging the balance of power.”...

21. Cost of living soars as Nicosia seeks European breathing room

The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....

22. Up to €32,000 to make your home cheaper to heat and cool

If your home struggles to stay cool in summer and warm in winter, a new grant scheme could help cover improvements that reduce the energy it needs and potentially bring down the bills....

23. The University of Limassol supported Women in Business & Beyond Conference

The University of Limassol (UoL) supported the Women in Business & Beyond Conference, which took place on 9–10 October 2026 at The Warehouse by IT Quarter in Limassol. Professor Constantina Constantinou, Executive Vice-President for Health Sciences Strategy and Development at the University of Limassol, participated as a speaker, bringing women’s health, cancer prevention and wellbeing into the conference’s wider conversation on empowerment. ...

24. Bank of Cyprus–cdbBank deal nears completion after staff exit scheme

Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....

25. What’s shaping Cyprus business this week

Key gatherings across Cyprus this week bring together leaders in artificial intelligence, corporate governance, and sustainable finance. Here is your quick look at the top conferences, networking events, and local industry milestones on the agenda....

26. BBC: Deloitte Cyprus helped falsify records to hide Abramovich’s wealth

Deloitte Cyprus helped falsify documents to conceal Roman Abramovich’s wealth and appears to have advised on a scheme that allowed one of his companies to evade millions in Cypriot taxes, according to a joint investigation by BBC Panorama and the Bureau of Investigative Journalism....

27. The Digital Agenda Cyprus Summit honors Professor Dr. Loizos Loizou

The Digital Agenda Cyprus Summit 2026 will honor Professor Dr. Loizos G. Loizou for his pioneering contribution to childhood cancer care and his longstanding support for children and their families....

28. Cyprus turns to the U.S. for talent and investment

For the second consecutive year, the government is seeking to build ties with the U.S. market and connect with Cypriots living and working there through a series of meetings with international investors, business organizations, and members of the Cypriot diaspora....

29. Turkish Cypriot properties recovered from people linked to organized crime

Intensive inspections by the Turkish Cypriot Properties Management Service are exposing a system whose significant weaknesses allowed property misuse and illegal activity to persist for years....

30. Workers forced to sleep on building sites in Cyprus, complaints allege

The Labor Department is investigating cases that are shaking the foundations of the construction industry....