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1. Cyprus chosen to lead Eastern Europe investment hub

Cyprus is making a name for itself on the international investment stage. Invest Cyprus, the agency that brings businesses and investors to the island, has been elected Regional Director for Eastern Europe at the World Association of Investment Promotion Agencies (WAIPA) for 2025‑27....

2. Cavalli Tower at Limassol Blu Marine Officially Inaugurated in Spectacular Ceremony

The Leptos Group proudly announced the official inauguration of Cavalli Tower at Limassol Blu Marine, marking Roberto Cavalli’s first-ever branded residential development in Europe and a landmark moment for Cyprus on the global stage....

3. Cyprus to present six-point Gaza plan to EU Council

Cyprus is expected to present a ''six-point plan'' to the European Council today, outlining concrete steps for the next phase of implementing the Gaza peace agreement signed earlier this year at the Sharm el-Sheikh Summit....

4. Lidl Cyprus wins 22 awards at the Cyprus Responsible Business Awards & Cyprus Customer Excellence Awards 2024

Lidl Cyprus was distinguished with 22 awards at the Cyprus Responsible Business Awards 2024 and Cyprus Customer Excellence Awards 2024, confirming its steady path as a model of responsible entrepreneurship, social contribution and customer-centric strategy....

5. Cyprus foundation supports thousands of students facing financial hardship

More than 1,000 students in Cyprus received financial support this year from the Independent Social Support Agency (ISSA), a foundation dedicated to ensuring that no young person is forced to abandon higher education due to financial difficulties....

6. Cyprus' underworld no longer plays by the rules

Organized crime now operates without fear or restraint. The murder of businessman and sports official Stavros Demosthenous in Limassol on the morning of Friday, Oct. 17, makes that painfully clear....

7. €50 million could flow to consumers as Cyprus moves to tax renewable energy giants

Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....

8. US tech firm TKI expands to Cyprus through AI merger

A major new player has joined Cyprus’ growing tech scene. US-based software and AI company TKI is officially setting up shop on the island after merging with Hybrid ConsulTech, which will now operate as TKI EMEA....

9. FRHC stock added to The Motley Fool’s Moneyball portfolio

The shares of Freedom Holding Corp. (NASDAQ: FRHC) — a global financial services and technology company and the parent company of the Freedom24 investment platform — have been added to the Moneyball investment portfolio managed by research and investment advisory firm The Motley Fool. Alongside this inclusion, the stock received a “Buy” rating....

10. Bank of Cyprus Scoops 11 Awards in Global Finance’s 2025 Digital Bank Rankings

Bank of Cyprus wins 11 awards, including 2 regional awards, in Global Finance’s 2025 World’s Best Digital Bank Awards ...

11. Medochemie invests in a sustainable future

Medochemie, Cyprus’s leading pharmaceutical company, is strengthening its commitment to sustainable growth by taking another significant step towards a greener future. ...

12. Two cars set ablaze in Limassol overnight

Limassol residents woke up to shocking news on Monday morning after two separate car fires were reported in the early hours of the day....

13. Fairfax bets big on Cyprus with stake in Eurobank Insurance

Canadian investment giant Fairfax Financial Holdings is deepening its footprint in Cyprus, agreeing to buy 45% of ERB Insurance, the general insurance company owned by Eurobank Limited, for €59 million, a deal seen as a strong vote of confidence in the Cypriot economy....

14. BidX1 launches October Catalogue featuring coastal villas, city apartments & more

BidX1 is pleased to announce that the catalogue for its next auction, taking place on Wednesday 22nd October, is now live and available to view here....

15. Cyprus emerges as European hub for drone technology

Cyprus is emerging as a strategic hub for high-tech companies developing unmanned and defense systems, thanks to its neutral geopolitical profile and unique regulatory advantages, industry experts say....

16. Inside Cyprus’ new power market: Who’s in and how prices will be set

Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....

17. Paphos launches €1.85M project to build two museums in historic center

The Municipality of Paphos has signed a contract to create two new museums in the city’s historic district as part of its cultural development drive....

18. Cyprus state payroll to rise €153 million in 2026 budget

Cyprus’ state payroll is set to climb again in 2026, with government spending on personnel projected to rise by €153 million despite efforts to rein in hiring....

19. Power shift: 17 companies enter Cyprus’ new electricity market

For the first time in Cyprus, households and businesses will soon be able to choose who supplies their electricity. Starting today, 17 companies, ranging from homegrown startups to established energy providers, are stepping into the island’s brand-new competitive electricity market....

20. Cyprus and Mediterranean among world’s most climate-vulnerable regions

Cyprus and the wider Mediterranean are among the world’s most climate-sensitive regions, already experiencing hotter, drier summers, the island’s Minister of Agriculture, Rural Development, and Environment, said....

21. EU Investment Bank holds first board meeting in Cyprus

The top decision-makers of the European Investment Bank (EIB) are in Cyprus for their first board meeting in the country, shining a spotlight on the island as a key partner in European development....

22. Financial strain and governance concerns top citizens’ worries in Cyprus

Price hikes and corruption set the agenda with 70% of respondents saying they are little to not at all satisfied with the performance of the current government....

23. Freedom24 opens second flagship office in Limassol, marking continued European expansion

Freedom24, the European subsidiary of global financial services group Freedom Holding Corp., has opened its second flagship office in Limassol....

24. Lidl Cyprus marks one year of dynamic presence at Neon Mall of Pafos

25. EU wants €67 million back from Cyprus gas project, sparking political fight

A multibillion-euro project meant to bring natural gas to Cyprus has been thrown into turmoil, after the European Commission demanded the return of €67 million in funding over alleged irregularities in how the contract was awarded. ...

26. Limassol men lose €30,000 in online investment scam

Police in Limassol are investigating a new online fraud case in which two men, aged 63 and 66, were tricked out of a total of €30,050....

27. Cyprus central bank projects 3.3% economic growth in 2025

Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....

28. Cypriot tycoon sets sail with Armani’s yacht designs

Cypriot entrepreneur Kostas Cleanthos, known locally for his acquisition of the country’s leading newspaper, Phileleftheros, and internationally for founding global trading platform XM, is charting a new course, this time on the high seas....

29. EIF and Eurobank join forces to channel €62.5 million in new financing to Cypriot SMEs and start-ups

The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....

30. Wizz Air Celebrates Huge Milestones of 10 Million Passengers in Cyprus and 5 Years of Operations at its Larnaka base With a Day Full of Surprises!

Wizz Air, Cyprus’ market leader airline, celebrated earlier today the milestone of 10 million passengers to and from Cyprus, as well as the 5th anniversary of its base in Larnaka....