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1. Ancient industrial landscape discovered near Larnaca Salt Lake

Archaeologists working in the Larnaca Salt Lake region have identified surface finds dating to the Late Roman era during the 2025 season of the Hala Sultan Tekke Hinterland Project....

2. Man arrested at Larnaca airport over alleged fake apartment rental scam

A 45-year-old man was arrested at Larnaca International Airport on Friday in connection with an alleged online apartment rental scam that police say targeted multiple people looking for housing....

3. Eurobank Cyprus earnings take a hit despite €103 million quarterly profit

Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....

4. A simple fix for a dangerous housing reality

On Holy Saturday, an aging apartment building collapsed, costing two people their lives. Tragic. The Minister of the Interior met with the President and a delegation from the Cyprus Scientific and Technical Chamber to discuss dangerous buildings and possible steps to manage these risks more effectively. ...

5. Cyprus ranks second in EU for single-use plastic bottles per person

Cyprus records one of the highest per-person levels of single-use plastic beverage bottles in the European Union, according to the European Commission’s first assessment of the Single-Use Plastics Directive....

6. NewMed Energy signs deal to export 100 BCM from Cyprus’s Aphrodite field to Egypt

A new agreement is taking shape around the development of Cyprus’s Aphrodite gas field, as NewMed Energy moves forward with plans to export natural gas to Egypt....

7. Cyprus sets course for offshore gas production by 2027-2028

Cyprus is aiming to begin producing natural gas from offshore reserves between late 2027 and early 2028, according to Energy Minister Michalis Damianos. ...

8. Bank of Cyprus acquires cdbBank’s healthy assets in strategic move

Bank of Cyprus (BOC) has acquired cdbBank, taking over only the financially healthy assets of the smaller lender, according to sources close to the deal....

9. Digital euro could cut costs for Cyprus SMEs, says ECB Executive Board member

ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....

10. Billions in gas, years of waiting, Americans back on

2026 is shaping up as a pivotal year for the Republic of Cyprus’ energy program, with developments related both to hydrocarbon deposits in Cyprus’ Exclusive Economic Zone (EEZ) and to the broader energy picture in the Eastern Mediterranean beginning to take concrete shape as planning moves forward....

11. Cyprus tweaks gas deal to speed exports to Egypt

Cyprus and Egypt are taking steps to streamline the export of Cypriot natural gas, officials said Friday, as the two countries look to deepen energy ties amid the island’s EU Council Presidency....

12. European banks poised for €30 billion boost in interest income

European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....

13. Cyprus Tax Reform 2026: What Changed and What Stayed the Same

On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....

14. Cypriots borrow more, but stash far more cash in the bank

Cypriots borrowed more and saved even more in November, a sign that households are still reaching for credit while parking cash in the bank, even as the cost of living keeps biting....

15. Coral Cyprus (Shell Licensee) once again fueled the energy at this year’s Boyz Stuff Show

Coral Cyprus (Shell Licensee), successfully sponsored and participated for the second consecutive year in the Boyz Stuff Show 2025, ...

16. New bank tax could ease the pinch on families, but who’s behind it?

A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....

17. Turkey protests ''historic'' EEZ deal with Lebanon

Cyprus is waking up to what officials are calling a “historic” moment after finally sealing an Exclusive Economic Zone (EEZ) agreement with Lebanon, a deal that had been stuck in limbo for nearly two decades....

18. Fitch lifts Bank of Cyprus rating, citing stronger economy and cleaner balance sheet

Bank of Cyprus got a financial thumbs-up from Fitch Ratings on Wednesday, with the agency upgrading the bank’s long-term rating to ‘BBB’ from ‘BBB-’ and giving its Viability Rating the same bump....

19. He thought he’d found the perfect crypto investment, but was scammed out of €50,000

A resident of Larnaca has reported losing €50,000 to an online investment scam, according to a statement filed with the Larnaca CID’s Financial Crime Investigation Office....

20. Coral Cyprus (Shell Licensee) launches the new campaign for the latest generation of Shell V-Power fuels

Coral Cyprus (Shell Licensee) is launching its new campaign for the latest generation of Shell V-Power fuels - Shell’s most advanced fuels designed with next-generation cleaning technology that removes 100% of deposits from critical engine parts and prevents their future build-up....

21. Bank of Cyprus posts €353 million profit in 2025 despite lower interest income

Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....

22. Alpha Bank completes the acquisition of AstroBank’s banking operations in Cyprus

Alpha Bank announces the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (“AstroBank”), through its subsidiary Alpha Bank Cyprus Ltd (“Alpha Bank Cyprus”) and other Group entities, following the receipt of all required regulatory approvals (the “Transaction”)....

23. Cyprus reports €29.3 billion negative net financial position, household income climbs in 2024

Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....

24. 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....

25. Casino boom in occupied north sparks fears for future peace talks

In the shadow of international isolation, Cyprus' occupied north is gambling on a high-stakes future: doubling its number of casinos to 64....

26. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

27. BOC reports €235M in profits, but what does that actually mean for the rest of us?

28. Government unveils comprehensive aid package for Limassol fire victims: Cash payments, rent subsidies, and full damage restoration

Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....

29. XM investors await green light to take over Ancoria Bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....

30. Cyprus banks are merging and here’s what that means for you

Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....