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1. Traditional banks are funding more shadow loans

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....

2. Consumer spending remains resilient despite the war

Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....

3. Cyprus ranks second in EU for workers from other member states

Cyprus is one of the European Union’s biggest magnets for workers from other EU countries, ranking second among all member states for the share of its working-age population made up of people born elsewhere in the bloc....

4. More than 100 Turkish Cypriot properties declared unsafe after safety checks

More than 100 Turkish Cypriot properties across Cyprus have been deemed unsafe following hundreds of inspections carried out after the deadly collapse of an apartment building in Germasogeia earlier this year....

5. Surprise crackdown catches 47 illegal workers across Cyprus

A surprise nationwide crackdown on illegal employment has led to the arrest of 47 people working without the proper permits, while employers were hit with €195,000 in fines for undeclared workers....

6. Nearly 68,000 plastic bottles saved at Ayia Napa beach in under a year

Almost 68,000 single-use plastic bottles have been kept out of circulation at Ammos tou Kambouri beach in Ayia Napa through the use of a free drinking water station, according to data released during a recent environmental event....

7. Redwolf Ogilvy: 10 years of writing the story differently

Redwolf Ogilvy is celebrating ten years of strong and dynamic presence in the communications and advertising industry. Over the past decade, the agency has grown alongside the people and brands that placed their trust in it, evolved through every challenge and established its own distinctive creative presence in the market....

8. Purpose Communications puts people at the centre of the Golden Age of Strategic PR

Purpose Communications is marking World PR Day 2026 by inviting five members of its team to identify one quality that, for them, captures the value of strategic public relations today: consistency, trust, creativity, influence and perspective. This year’s theme, “The Golden Age of Strategic PR,” reflects the growing recognition of public relations as a core advisory function that helps organisations strengthen relationships, protect their reputation and communicate responsibly in a complex environment....

9. A lifeline for small businesses or another state ''monster''?

European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....

10. Bank of Cyprus executives recognized among EMEA’s top performers

The Bank of Cyprus has received several distinctions in Extel’s annual survey of management teams of listed companies in the EMEA region, with the group's executive director of financial management, Eliza Livadiotou, securing first place in the Best CFO category based on votes from sell-side analysts....

11. Leptos Estates Launches Bel Air Gardens, a New Garden-Inspired Residential Community in Yeroskipou

Leptos Estates announces the launch of Bel Air Gardens, a new residential development in Yeroskipou, Paphos, created for a balanced and connected way of life. Combining 112 contemporary residences with landscaped outdoor spaces, a central swimming pool and a welcoming community environment, the development introduces a fresh lifestyle concept just minutes from the city and the beach....

12. Cyprus joins ECB digital euro pilot programme

Cyprus will be among the 19 eurozone countries participating in the European Central Bank's first pilot programme for the digital euro, with testing expected to begin in the second half of 2027....

13. Limassol port customs outage enters fifth day as import delays continue

Import clearance at the Port of Limassol remains severely disrupted after a software failure knocked out the Customs Department's payment system, preventing goods from being released....

14. Mayor says Ledras and Onasagorou upgrade is ''unavoidable and long overdue''

The regeneration project of Ledras and Onasagorou pedestrian streets is ''necessary in every respect,'' Nicosia Mayor Charalambos Prontzos said, stressing that the municipality understands the concerns raised by some business owners but believes the upgrade cannot be delayed any longer....

15. Senior US Homeland Security officials visit Cyprus

The growing partnership between Cyprus and the United States was on full display this week as two senior US Homeland Security officials arrived on the island for high-level talks on security, migration and closer cooperation....

16. Millions lost, Cyprus connection: Inside the EU probe into an alleged VAT fraud network

A major European investigation into an alleged €46.9 million VAT fraud scheme has put a network of companies with links to Cyprus under scrutiny, with authorities looking into how small electronic devices may have been used to move millions of euros through a complex tax fraud operation....

17. Lidl Cyprus continues its dynamic benefits with 14 salaries per year

18. Commission approves €120 million Recovery Fund payment for Cyprus

Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....

19. Waste tax could leave households paying more before recycling systems improve

Political parties are still weighing their positions before Parliament votes on Tuesday on legislation introducing a tax on municipal waste sent to landfill, with only two parties having already confirmed they will vote against the proposal....

20. Limassol’s job market stays strong as finance and tech companies continue hiring

While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....

21. What Cyprus can learn from Lithuania’s energy independence journey

Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....

22.  PwC Cyprus once again supports the Invest Cyprus International Investment Awards

PwC Cyprus participated as Platinum Sponsor of the 14th Invest Cyprus International Investment Awards, marking thirteen consecutive years of support for one of the country’s most important institutions dedicated to recognising international investors....

23. Financial clarity: A key driver of SME stability in Cyprus

Small and medium-sized enterprises (SMEs) are central to the Cypriot economy. Yet, as the business environment evolves, many organisations are facing increasing pressure to manage not only growth, but also financial accuracy, compliance, and planning....

24. Policy alterations… have just become easier than ever

At Eurolife, we believe insurance should follow the pace of your life — not the other way around. That’s why we continuously evolve our services, bringing your insurance into the present: fast, digital, and simple....

25. Baltic nations decouple from Russian grid to offer Cyprus an energy blueprint

Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...

26. Invest Cyprus honours international companies at the 14th Invest Cyprus International Investment Awards

Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....

27. Extel: Strong Vote of Confidence for Bank of Cyprus from the International Investment Community

Bank of Cyprus has received a prestigious and highly significant distinction, being named a “Most Honored Company” in Extel’s internationally renowned annual survey....

28. VE Very Exclusive Accessories Ltd Unveils the Swarovski Fall/Winter 2026 Collection at an Exclusive Event in Cyprus

29. From a Newsletter to the UEFA Champions League Final: Four Cyprus Airways Winners Share Their Story

This summer, ahead of announcing football legend Andrea Pirlo as its Global Brand Ambassador, Cyprus Airways launched a special competition for its newsletter subscribers, giving eight lucky winners the chance to attend the UEFA Champions League Final in Budapest....

30. Lidl Cyprus brings ''Equality in Action''

At Lidl Cyprus, equality and inclusion are an integral part of the daily work experience. With the aim of strengthening the dialogue around issues that affect everyday life in the workplace, the company presents the new video series “Equality in Action”, following the Equal Treatment Policy that it currently implements in order to ensure an environment of respect, safety and equal opportunities for all....