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151. Cyprus signs key agreement for Aphrodite gas sales to Egypt

Cyprus has taken another step towards developing the Aphrodite natural gas field after a key agreement was signed for future gas sales to Egypt....

152. Why Cyprus is becoming a key player in Eastern Mediterranean security

Developments in the Eastern Mediterranean are moving quickly and are increasingly complex, with the United States sometimes taking the lead and, in other cases, following the recommendations of its partners....

153. Gunfire hits Germasogeia office building in latest suspected criminal attack

A multi-story office building in Germasogeia, Limassol, became the latest target of what police believe was a criminal attack after damage caused by gunfire was discovered on the premises....

154. 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....

155. Greece blocks new EU sanctions over Russian gas to protect Greek shipping giant

Greece has delayed the European Union's latest round of sanctions against Russia, arguing that the proposed measures would severely damage a major Greek shipping company that transports Russian liquefied natural gas (LNG)....

156. Cyprus betting revenue tops €360 million

Cyprus' betting industry continued to expand during the opening three months of 2026, with players wagering more than €360 million through licensed land-based and online operators....

157. Cyprus and Greece to co-develop combat drones

Greece and the Republic of Cyprus are expected to move forward in the coming period with a joint program under the EU’s SAFE initiative for the co-production of an unmanned combat aerial vehicle (UCAV)....

158. 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....

159. 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....

160. Nicosia and Murcia partner in €2m digital twin cities project

Nicosia Municipality has become one of the main partners in a European project designed to develop a new generation of connected digital twins for cities, supporting smarter urban planning and the continued digital development of local authorities....

161. 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....

162. 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....

163. A new safety net for Cyprus banks, or a brake on the economy?

The news that the Central Bank of Cyprus is considering activating the Systemic Risk Buffer came as a ''bombshell'' for local banks and, as expected, has divided opinion....

164.  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....

165. 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....

166. Cyprus eyes first energy exports from 2028

Cyprus expects to begin exporting energy from its own natural gas reserves within the next few years, with the first shipments of gas planned through Egypt's liquefied natural gas facilities from 2028 onwards, Energy Minister Michalis Damianos has said....

167. Larnaca looks to €12m equipment upgrade to reduce port dust

Larnaca Municipality has pledged to keep pressing for improvements in the port area after residents described ongoing problems linked to dust, neglected properties and poor cleanliness during a public meeting with Mayor Andreas Vyras....

168. 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....

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

170. Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....

171. Former transport minister among 10 facing corruption and money laundering charges

Ten defendants, including former transport minister Mario Demetriades, are facing an extensive list of criminal charges linked to Cyprus' citizenship-by-investment programme, with the case expected to begin later this year....

172. 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....

173. Erdoğan's sponsors are giving him every reason to hold the line

Who are the sponsors behind Erdoğan's confidence? Who has made him feel comfortable enough to dictate terms and conditions without regard for anyone or anything? The primary sponsor is the European Union. ...

174. Parliament presses ahead with call for countdown timers at camera-controlled traffic lights

Cypriot MPs are renewing efforts to introduce countdown timers at traffic lights monitored by red-light enforcement cameras, arguing that the measure would improve road safety and give motorists greater confidence when approaching junctions....

175. Freedom24 in the 2026 FinTech Awards: Best Pan-European Retail Investment Platform & AI in Finance Innovation Award

Freedom24, a European subsidiary of Freedom Holding Corp., has been named a winner in two categories of the 2026 FinTech Awards by Wealth & Finance International, securing recognition both for its position as a pan-European investment platform and for its AI-driven Neo Compliance framework. The distinctions underline the growing relevance of technology-led innovation in European investment services, where scale, speed and regulatory rigour increasingly define market leadership....

176. How a high-profile watchdog appointment backfired on the government

Reactions and criticism toward the Council of Ministers were caused by the appointment of Christos Mylonopoulos as one of the five criminal investigators who will investigate any offenses arising from what Makarios Drousiotis states in his book "Mafia State," following the relevant findings of the Independent Authority Against Corruption....

177. New European rules tighten the reins on cryptocurrency platforms

Out of more than 1,200 companies that held pre-MiCA national registrations across the EU, only about 210 had secured a full CASP license....

178. 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....

179. Cyprus picks up investment momentum

Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....

180. Cyprus climbs the global competitiveness rankings

Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....