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1. Banks in the occupied areas combine high growth with serious risks

Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....

2. Freedom Holding Corp. reports 40% revenue growth in Q1 FY2027

Freedom Holding Corp. (Nasdaq: FRHC), the parent company of Freedom24, has announced its financial results for the first quarter of fiscal year 2027, covering the three months ended June 30, 2026. The company reported total net revenue of $732.5 million, up 40% year on year from $524.0 million in the same period last year....

3. Cyprus’ economy is growing. So why does life still feel so expensive?

Cyprus’ economy may be growing, but many households could be forgiven for wondering where that growth has gone....

4. Ilio Rodoni Appointed General Manager of Hilton Nicosia

Ilio Rodoni has been appointed General Manager of Hilton Nicosia, succeeding Mr. Evros Stylianou following his recent retirement....

5. Cyprus Construction Sector: Strong Momentum Meets Rising Uncertainty

The latest Q1 2026 data confirm that Cyprus' construction sector continues to demonstrate remarkable resilience, supported by a strong investment pipeline, expanding construction activity and healthy business confidence. Building permits, production and lending indicators all remain consistent with sustained sectoral growth....

6. Expanding into Cyprus: A Practical Guide for International Businesses

Expanding or relocating business operations is one of the most important strategic decisions an organisation can make....

7. Iconic Tourism Landholding in the Coastal Area of Alaminos with Licensed Hotel Development and Panoramic Sea Views

An exceptionally rare investment opportunity is available in the coastal area of Alaminos, in Larnaca district. The property consists of three adjoining tourism-designated plots offered for sale as a single unit, with a total land area of 108,457 sq.m., at an indicative price of €4 million....

8. Cyprus Airways strengthens maintenance partnership with Bird Aviation

Cyprus Airways has signed an agreement with Bird Aviation for the provision of heavy maintenance services, further strengthening the successful cooperation between the two companies and reaffirming the airline’s commitment to safety, reliability, and operational excellence....

9. The Christine Lagarde enigma

June's decision was never followed through. At the meeting one month later, the European Central Bank chose not to extend its restrictive monetary policy with another interest rate increase. The message in June had been clear. It was an immediate response to rising energy prices after fighting resumed in the Middle East....

10. Cyprus: Exporting potatoes, halloumi… and gas?

On Tuesday the 28th of July, 2026, the energy company Eni reached the Final Investment Decision (FID) for the development of the Cronos gas field, located in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ)....

11. From Chatbots to Co-Workers: Why companies struggle to capture the value

The leaders are pulling away on cost, on growth, on margin. The gap is not a technology gap, it is an operating-model gap. Three failures explain the gap, and the leaders have designed around all three....

12. Five years, €1 billion and hundreds of projects: Cyprus closes its EU recovery chapter

The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....

13. Limassol Mall is coming, but can the roads handle it?

The progress of the Limassol Mall project has once again brought the issue of traffic congestion in eastern Limassol to the forefront, with calls growing for urgent upgrades to the city’s road network....

14. Cypriots keep shopping despite inflation fears and global uncertainty

Consumer spending in Cyprus remains strong despite market uncertainty caused by inflationary pressures and the war in the Middle East....

15. 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....

16. 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....

17. 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....

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

19.  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....

20. 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....

21. 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....

22. 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....

23. On the path to becoming Europe’s leading snack brand

Alesto, the brand for nuts and dried fruits of Lidl, is undergoing a strategic evolution. At the heart of this transformation is the creation of a unique brand identity: Alesto is evolving from a classic product brand into a modern brand centered on enjoyment. With a sharper brand profile and new packaging, Alesto is being completely reimagined. The new concept puts the focus on quality, well-being, and conscious enjoyment, positioning the product range precisely at the intersection of conscious nutrition....

24. Alpha Bank Cyprus is strengthening its customer-centric model through a new strategic investment in digital transformation

Alpha Bank Cyprus is taking another significant step in its digital transformation journey, further strengthening its customer-centric operating model through a new strategic investment that upgrades the way it serves, communicates with, and responds to the needs of its Customers....

25. Coral Cyprus (Shell Licensee) strengthens the Shell service station network with a new strategic location in Aradippou

Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....

26. Cyprus records strongest retail sales growth in the EU

Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....

27. Evangelia Eliadou & Massimo Giordano on the Minthis Music Festival 2026

Evangelia Eliadou, Executive Director of Pafilia, and Massimo Giordano, internationally acclaimed Italian tenor, Artistic Director of the Minthis Music Festival and Co-Founder of LaimTee Art, discuss the vision behind Minthis Music Festival 2026, its exceptional artistic programme and its evolution into one of Cyprus’ most refined cultural experiences. ...

28. Business lending loses momentum because of the Middle East conflict

Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....

29. New Leadership at PwC Cyprus

Andreas Yiasemides assumes the role of CEO of PwC Cyprus as of 1 July 2026, following his election by the firm’s Partners in December 2025 for a four-year term....

30. From chatbots to co-workers

AI is no longer a productivity tool. For the small group of organisations that have done the work, it has become the single largest source of operating leverage on their P&L....