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1. EU Commission targets Cyprus and others countries in broad legal crackdown

The European Commission has initiated legal proceedings against several EU member states, including Cyprus, for failing to comply with a range of obligations under European Union law....

2. EAC expands smart meter installation across Cyprus

The Electricity Authority of Cyprus (EAC) announced that beginning Wednesday, July 9, it will continue its large-scale rollout of smart electricity meters across several regions of the island, a move aimed at modernizing the country’s power grid....

3. Cyprus e-mobility grant scheme faces criticism as initial funding runs out

The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....

4. Cypriot businesses go greener as hundreds certified in nationwide ESG initiative

Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....

5. Cyprus Sports Organization unveils plans for modern sports facilities across Cyprus

The Cyprus Sports Organisation (KOA) announced plans Wednesday to build a new 4,000–5,000-seat stadium at the Makario complex in Nicosia and signed a memorandum of understanding with stakeholders in Paphos to upgrade the "Stelios Kyriakides" stadium, aiming to address long-standing infrastructure issues across Cyprus....

6. Wizz Air wins the World Finance most sustainable low-cost airline award for the fifth consecutive year

Wizz Air has once again been named the ''Most Sustainable Low-Cost Airline'' by the World Finance Sustainability Awards in 2025. ...

7. ''Lellos’ Pool'' to reopen after long-term closure

The Nicosia Municipality has announced that the Nicosia Municipal Swimming Pool, commonly known as “Lellos’ Pool”, is scheduled to reopen on June 27, 2025....

8. Jazeera Airways Resumes Direct Flights Between Larnaca and Kuwait

Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....

9. 70,000 units of blood collected annually from voluntary donors in Cyprus

Cyprus collects about 70,000 units of blood each year through voluntary donations, placing the country among the top in Europe in meeting its national blood supply needs, the Ministry of Health said Friday....

10. Residential properties for sale by AstroBank

AstroBank has listed for sale luxury houses and other residential properties in Nicosia, Paphos, and Larnaca....

11. Texas-based AI powerhouse Tenstorrent expands to Cyprus

One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....

12. Cyprus sets flight path to the future with major airport expansion

Cyprus officially kicked off the long-awaited Phase II expansion of its two main airports this week, setting the stage for a major upgrade to how people travel in and out of the island....

13. Say it isn’t so: The Trump–Elon bromance blows up online

Say it isn’t so--Donald Trump and Elon Musk, the political-tech power couple that once couldn’t stop praising each other, have officially entered the ugly-breakup phase. And they’re doing it the 2025 way: firing missiles on their own social media platforms....

14. Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....

15. EY announces the appointment of 4 new partners in Cyprus

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...

16. Coral Energy (Shell Licensee) strengthens ties with its partners in the Cypriot market

17. The LIFE Pharma Detox System Offers Solutions to Pharmaceutical Pollution

Medochemie is taking a leading role in addressing one of the most pressing environmental challenges currently faced by the pharmaceutical industry: the management and reduction of pharmaceutical pollution....

18. Desalination units from UAE arrive, but will they work here?

The mobile desalination units donated by the United Arab Emirates (UAE) have arrived in Cyprus within the expected timeframe, marking a key step in the government’s plan to address water shortages ahead of summer. ...

19. King’s Gardens: A Prime Investment in the Heart of Nicosia

20. Timur Turlov at New York Eastern Mediterranean Business Summit: ''Cyprus is our European gateway to global markets''

Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...

21. ECOMMVERSE by ECOMMBX – An Innovative Digital Platform for Financial Services

With the advancement of technology and growing demands for speed, flexibility, and tailored solutions, the need for new, alternative forms of financial services has become increasingly clear....

22. Cyprus meets Cambodia: A bridge to bold business ventures

For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....

23. Deloitte’s 2025 Global Human Capital Trends aims to help leaders navigate complex workplace tensions

Deloitte’s 2025 Global Human Capital Trends, Turning tensions into triumphs: Helping leaders transform uncertainty into opportunity, explores how workers, managers, executives and organisations are navigating today’s biggest workplace challenges....

24. Moody’s upgrades Bank of Cyprus to A3

Moody’s Investors Service has upgraded Bank of Cyprus’ long-term deposit rating to A3 from Baa1 and revised its outlook to stable....

25. AI adoption could boost global GDP by an additional 15 percentage points by 2035, as global economy is reshaped: PwC Research

New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...

26.  Residential properties for sale by AstroBank

AstroBank has listed for sale a penthouse in Strovolos, as well as other residential properties in Nicosia, Larnaca, Paphos, and Famagusta....

27. VAT challenges for Electronic Money Institutions

In the digital age, Electronic Money Institutions (EMIs) have become an integral part of the financial ecosystem, offering a range of services that facilitate digital transactions....

28. ''Smart'' bus stops marred by vandalism and installation blunders

Controversy continues to plague the rollout of Cyprus’s new “smart” bus stops, as reports of sluggish installation are now joined by incidents of vandalism and public mockery....

29. A bright future for Cyprus’ cruise industry

Cyprus’ cruise industry has been impacted by several events of the past few years. The Covid-19 pandemic was a significant setback, bringing operations to a near halt for extended periods. ...

30. 2025: A milestone year for the delivery of Limassol Greens

2025 marks the beginning of a new era for Limassol Greens, the ambitious residential and tourism development that is set to redefine the investment, urban and hospitality landscape of Cyprus....