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1. From water woes to bank bets, here are the stories to follow

2. Alpha Services acquires AXIA Ventures

Alpha Services and Holdings has announced an agreement to acquire AXIA Ventures Group, aiming to form the leading investment banking and capital markets company in Greece and Cyprus. ...

3. Bank of Cyprus: Best Private Bank 2025 – Succeeds in Two More Important Awards from Euromoney

The Bank of Cyprus has received two important awards in 2025 that rank it as the best private bank in Cyprus at the Excellence Awards by the prestigious international magazine Euromoney. Both awards highlight the bank’s exceptional Private and Affluent banking services....

4. Cyprus surges ahead amid global economic headwinds

It’s hard to overstate the progress Cyprus has made in recent years. Once overshadowed by economic turmoil, the island has emerged as a standout in the Mediterranean, blending resilience with opportunity....

5. Eurobank’s €1.3B move creates Cyprus’ largest bank

Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....

6. Grate news: Cyprus sets firm limits on blended halloumi

The Cyprus Dairy Producers’ Association has welcomed a new government decree that sets limits on the amount of blended halloumi cheese allowed in production....

7. One in three Cypriot households struggling with rising costs

Cypriots are feeling the pinch in different ways, according to a new survey that highlights the divide in how people are coping with their household finances....

8. Cyprus gets credit rating boost: What it means for the economy

Cyprus received a major financial boost as credit rating agency Morningstar DBRS upgraded the country’s credit rating to A (low) from BBB (high), marking a key step in the country’s economic progress. ...

9. Larnaca port workers stage 24-hour strike over safety and unloading delays

Workers at the Port of Larnaca kicked off a 24-hour warning strike on Monday morning, blocking the port entrance in protest of unsafe working conditions and issues with the cargo unloading process....

10. Zouhouri Square in Larnaca transforms into a magical Ice Age adventure

A unique experience is now unfolding in the heart of Larnaca, as Zouhouri Square undergoes a stunning transformation into an Ice Age-themed display....

11. €170 Million expansion kicks off at Larnaca and Paphos airports

After years of planning and preparation, the expansion of Larnaka and Pafos Airports is officially underway. ...

12. Prices drop for most basic goods, but fresh produce keep climbing

Good news for shoppers—most basic goods saw a price drop in February, according to the latest Consumer Price Observatory report from the Consumer Protection Service. However, if you're buying fresh vegetables and greens, you might have noticed your grocery bill going up....

13. Businesses call for simpler, fairer tax reform in Cyprus

The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...

14. 26 state plots for new livestock units to boost sheep and goat farming

Cyprus is taking significant steps to strengthen its sheep and goat farming industry with the announcement of 26 state-owned plots available for the construction of new livestock units....

15. The best bank to ever come out of Cyprus?

The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....

16. New health and education complex to transform Lakatamia

Investments in Cyprus' health sector are booming, with new hospital units sprouting up across the island....

17. Cyprus' economic growth faces challenges, lenders highlight key concerns

The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...

18. Protests erupt over new headscarf policy in Turkish Cypriot schools

Teachers' organizations in Cyprus are speaking out against a recent change to the country's school policies that allows girls under 18 to wear headscarves in schools. ...

19. Bank of Cyprus upgraded to investment grade by Fitch

The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...

20. Cyprus Government unveils plans to tackle housing crisis

Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....

21. Greek companies eye Cypriot market for new business opportunities

Greek businesses are continuing to make their mark on Cyprus, with a growing number of companies looking to expand and partner with Cypriot firms....

22. Lebanese investor threatens legal action over blocked €115M Nicosia development

A Lebanese investor is threatening legal action after the Department of Antiquities blocked a €115 million development near the historic Nicosia walls, despite other authorities initially supporting the project...

23. ''Brain Gain'' as Cypriots return to growing opportunities

The door has opened. There’s a flow of talent heading to Cyprus, driven by the country’s growing need for skilled workers, especially in technology and ICT. ...

24. Liopetri River restoration moves forward, supporting fishermen and local economy

The long-awaited restoration of the Liopetri River is gaining momentum, with key government officials meeting behind closed doors to discuss how to move the project forward. ...

25. President Christodoulides: ‘Together, we are changing Cyprus’

President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....

26. Over €1.2 billion in Russian assets frozen in Cyprus amid ongoing sanctions

In Cyprus, over €1.2 billion worth of Russian assets have been frozen, as part of Europe's broader effort to block Russian assets amid ongoing sanctions. ...

27. EU hits back with $28 billion in tariffs on US goods

The European Union is hitting back after U.S. President Donald Trump imposed a sweeping 25% tariff on all European steel and aluminum imports....

28. Cyprus sees investment boom as foreign companies flock to the island

The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....

29. Lack of 'Certificate of Occupancy' puts homeowners at risk in 'Rent to Mortgage' plan

A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....

30. Trump highlights Greece-Cyprus role in strategic trade corridor

U.S. President Donald Trump has drawn attention to the strategic importance of Greece and Cyprus in global trade and diplomacy, sharing a Breitbart News article that underscores their role in the proposed India-Middle East–Europe Economic Corridor (IMEC)....