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1. Sklavenitis expands in Cyprus, shaking up the supermarket scene

The Cypriot supermarket landscape is shifting as Greece's Sklavenitis Group officially takes over Papantoniou Supermarkets. With Competition Protection Commission approval, ...

2. Cyprus trade deficit drops by €1.18 billion as imports and exports decline

Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...

3. Larnaca and Paphos airports to handle 17.5 million passengers annually

The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......

4. Christodoulides and Erdogan hold rare talks at European Summit in Budapest

President Nicos Christodoulides and Turkish President Tayyip Erdogan engaged in an informal meeting Thursday on the sidelines of the European Political Community (EPC) summit in Budapest....

5. TechIsland, Invest Cyprus team up to attract global tech investment

In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector....

6. Cyprus achieves record €4.7 billion in exports, continuing years-long growth

Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....

7. Cyprus gains investor confidence as economic reforms and US ties bolster growth

International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......

8. Norway’s billion-dollar man says Americans ''just work harder'' than Europeans

Norway’s ''billion-dollar man'' Nicolai Tangen, who manages Norway’s $1.6 trillion sovereign wealth fund, says America’s success over Europe comes down to one simple factor: Americans work harder....

9. University of Nicosia Hosts Ceremonial Event for NEOLAiA European University Alliance

10. President unveils €30 million plan to revitalize Troodos region

President Nikos Christodoulides has unveiled a comprehensive plan aimed at revitalizing the Troodos mountainous region, with more than 20 major projects and policy actions set to be implemented. ...

11. President Christodoulides addresses EU on Cyprus problem

President of Cyprus Nikos Christodoulides will brief European leaders on the latest developments in the Cyprus issue within the framework of the European Council in Brussels on Thursday....

12. MED9 Summit in Cyprus pushes for humanitarian aid to Gaza

At a time when the war crisis in the Middle East is intensifying, raising global concerns, the 11th summit of southern European leaders in Cyprus provided a platform for the EU to address criticism of its inaction on calls for a ceasefire. ...

13. Jordan's King Abdullah joins MED9 Summit for key security talks

Leaders from nine Mediterranean nations convened in Cyprus on Friday for the MED9 Summit, reaffirming their commitment to tackling shared challenges. ...

14. Exness CEO: Cut red tape to boost Europe's economy

Petr Valov, CEO of Exness, has called for the reduction of excessive regulations in Europe, arguing that deregulation could help boost the region's economic competitiveness....

15. Cypriot economy shows resilience, growth outpaces EU average

The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, has called on banks to consider the social dimension of their pricing policies......

16. Finance Minister coordinates with EU Trio on 2025 Presidency

Minister of Finance Makis Keravnos met in Luxembourg with his counterparts from Poland and Denmark regarding the preparation of the Cypriot......

17. Von der Leyen unveils new European Commission lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

18. Cyprus' Kostas Kadis named EU commissioner for Fisheries and Oceans

European Commission President Ursula von der Leyen has selected Cyprus' Kostas Kadis as the next Commissioner for Fisheries and Oceans. Announcing the decision today, von der Leyen praised Kadis, saying,...

19. Cyprus boosts R&D Funding by nearly 20%, spending €138M in 2023

Cyprus significantly boosted its investment in research and development (R&D) in 2023, with government budget allocations rising by 19.8% compared to the previous year, according to new data from Eurostat. This increase is notably higher than the average 5.3% rise observed across the European Union during the same period....

20. RIF launches €6M fund to foster innovation and economic growth

The Research and Innovation Foundation (RIF) announced on Tuesday a new call for the "Co-Develop" funding programme, with a total budget of €6 million, aimed at better leveraging resources and apply innovative solutions to real problems....

21. Cypriot banks show resilience amid challenges, says CBC Governor

Despite the continuous challenges, the Cypriot banking system continues to register a positive course, which is reflected in the main supervisory indicators, Governor of the Central Bank of Cyprus (CBC), ...

22. Cyprus President meets business leaders on HR, energy, and tax

23. Reflect Festival highlights traffic and housing challenges in Limassol

The recent Reflect Festival brought forth crucial discussions on pivotal issues affecting Limassol, prominently featuring traffic congestion and housing shortages as central topics. ...

24. ICT sector powers Cyprus' economic growth

Almost all of the productivity growth in Cyprus' economy over the past three years can be attributed to the Information and Communication Technology......

25. Cyprus has a long way to go when it comes to EV's

Cyprus lags behind the rest of the European Union in the adoption of battery electric vehicles (BEVs), according to data from the European Alternative Fuels Observatory (EAFO). While growth is noted and targets seem achievable, the country's rate of electric car use remains among the lowest in the EU....

26. Cyprus ship registry grows amid global tensions

Cyprus’ ship registry experienced an increase in ocean-going vessels in the first half of the year, reversing a two-year decline due to geopolitical tensions impacting global shipping, Deputy Minister for Shipping Marina Hadjimanolis announced....

27. Global giants eye battery storage project in Cyprus

Major global companies like Tesla and Samsung have expressed interest in developing a battery-based electricity storage system in Cyprus, according to Minister of Energy, Trade, and Industry George Papanastasiou. ...

28. Transport minister Vafeades calls for fair climate laws in shipping

Transport Minister Alexis Vafeades spoke of the need to prevent the side effects of legislation to tackle climate change on the shipping sector and ports, during discussions in the Transport Council of the EU held on Tuesday in Luxembourg....

29. Cyprus President advocates Von der Leyen, Metsola re-election

President of the Republic Nikos Christodoulides voiced on Monday his support for the re-election of Ursula von der Leyen and Roberta Metsola to the posts of President of the Commission and President of the European Parliament respectively....

30. €102.3M spent on 275,000 people trained on 30,500 programs

In the last five years, 275,000 people participated in 30,500 training programmes of the Human Resource Development Authority of Cyprus (HRDA) and the total expenditure reached to 102.3 million euro,...