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1. Former energy minister blames EAC and CERA for Cyprus power shortages

Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....

2. €108 million second phase of Paphos-Polis motorway edges closer to tender

Thursday's meeting in Paphos, chaired by Transport, Communications and Works Minister Alexis Vafeades, aimed to bring together and coordinate all the authorities involved in the tender process for the construction of the second phase of the Paphos–Polis Chrysochous motorway....

3. Firefighters gain ground but Kalo Chorio wildfire remains difficult to contain

Firefighters have made progress against the wildfire that broke out following a National Guard live-fire exercise at the Kalo Chorio shooting range in Larnaca, but authorities say the operation remains challenging and a large-scale emergency response is still in place....

4. Cyprus Airways and Air France signed codeshare agreement for flights between Larnaca and Paris

Cyprus Airways and Air France announced a codeshare agreement covering flights between Paris - Charles de Gaulle (CDG) and Larnaca (LCA), with up to 6 weekly flights during the summer season, further expanding travel options between France and Cyprus....

5. Faneromeni '26 Art Festival at Bank of Cyprus Cultural Foundation

The musical performance “TRACKS: Echo of Now, Rhythm of Yesterday” draws its inspiration from the concept of a “path” that is organically carved out through use rather than construction....

6. Cyprus faces severe 2030 electricity shortage without Vassilikos gas terminal

Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....

7. 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....

8. Cyprus ports authority unveils 415 million euro roadmap for Larnaca waterfront

The Cyprus Ports Authority has unveiled a €415 million roadmap to revamp the Larnaca port and marina, setting a course that stretches to 2045....

9. 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....

10. Cyprus gas fields declared ''ready for development''

Most Cypriots have heard about ''Cyprus natural gas'' for years, usually alongside big announcements, technical terms, and long timelines. Now, there is another step forward, but again, the benefits are still far from the kitchen table....

11. AI reshapes global labour market into two distinct paths, rewarding human skills: PwC 2026 AI Jobs Barometer

According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership – as companies most able to use AI continue to expand hiring faster than their peers....

12. Deloitte Cyprus is proud to welcome two new partners

Deloitte Cyprus proudly announces the growth of its leadership team with the appointment of two new partners, effective 1 June 2026. Novia Georgiou and Michalis Zinieris have been promoted to Partner in the Audit & Assurance and Technology & Transformation practices, respectively. They both bring significant expertise in their fields, and exemplify the outstanding leadership, integrity, and values that form the foundation of Deloitte....

13. Cyprus’s new archaeological museum takes shape

A massive new archaeological museum under construction is being described as one of the most ambitious cultural infrastructure projects ever undertaken in Cyprus, with developers saying it will reshape how the island presents its history to the world....

14. Cyprus University of Technology unveils student dorm rooms at ''Vergaria'' complex in Polemidia (photos)

The Cyprus University of Technology (CUT) has released sample images of its new student dormitories in Pano Polemidia, located in the ''Vergaria'' settlement....

15. EAC pays €9 million to Siemens for new Dhekelia generators

The Electricity Authority of Cyprus has begun a major overhaul of Cyprus’ aging power infrastructure, paying German engineering giant Siemens a €9 million advance for the purchase of three new generators for the Dhekelia power station, EAC Chairman Giorgos Petrou said....

16. President pushes technical schools as ''real path'' for students, not second choice

President Nikos Christodoulides is trying to shift a long-standing mindset in Cyprus: that technical schools are not a “second option" but a real and important path for students’ futures....

17. Long-awaited Astromeritis-Evrychou highway opens to traffic today, Thursday

After years of construction and delays, drivers heading toward Cyprus’ mountain regions will finally get a smoother ride starting Thursday afternoon, as the long-awaited Astromeritis-Evrychou highway officially opens to traffic....

18. Turkey examines natural gas pipeline linking occupied north to mainland Turkey

Turkey’s energy minister, Alparslan Bayraktar, has confirmed that Ankara is examining the construction of a natural gas pipeline in the occupied part of Cyprus. ...

19. CRIVIT, as the Official Partner of Lidl-Trek, brings movement to everyday life in 2026 – for athletes and beyond

CRIVIT is further expanding its partnership with the WorldTour team Lidl-Trek, positioning itself in 2026 as the Official Partner of the internationally successful cycling team. In doing so, CRIVIT combines peak performance with an active lifestyle – reaching far beyond competitive racing....

20. Paphos-Polis highway project draws bids exceeding €125 million

Two construction proposals have been filed for the first phase of the long-planned highway linking Paphos with Polis Chrysochous, covering the stretch from Agia Marinouda to Stroumbi. ...

21. Freedom24 Wins Three Global Banking & Finance Awards 2026 for Tradernet and Neo Compliance

Freedom24, part of Freedom Holding Corp. (Nasdaq: FRHC), has been named a winner in three nominations of the 2026 Global Banking & Finance Awards, securing recognition for both its proprietary trading platform Tradernet and its AI-driven Neo Compliance framework....

22. Square One Capital: The Developer-Turned-Fund Manager Targeting Cyprus's Next Residential Wave

A Limassol-based developer with 33 active projects is raising a €200M opportunistic real estate fund targeting 25% net IRR. Here's why the timing is right — and why this team is built to deliver it....

23. 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. ...

24. UNIC Athens positioned as bridge between Europe and the U.S.

The strategic partnership between the University of Nicosia, UNIC Athens, and Purdue University aims to create a powerful link between Europe and the United States in higher education, research and innovation....

25. Addressing Gender Inequalities in STEM and Entrepreneurship

As the world once again marked International Women’s Day this year, it highlighted the continued need for equal opportunities and meaningful representation of women across all areas of social and economic life....

26. Purdue partners with University of Nicosia-Athens to advance research collaboration and online learning in Europe

27. 13 kilos of TNT go missing during military drill

Cyprus’ Defense Ministry and Police are on high alert following the disappearance of 13 kilograms (30 pounds) of TNT explosives during a military engineering exercise at the Kalo Chorio firing range....

28. EU holds social media giants liable for financial scams

For the first time, social media platforms like Meta and TikTok will be legally responsible if users fall victim to financial scams, following a deal reached by EU lawmakers in the early hours of Thursday....

29. The Future of Finance: Five key trends shaping the role of finance leaders by 2026

Finance is no longer just about numbers and budgets. Today’s finance leaders are stepping up as key strategists, using technology and new ways of working to help businesses grow and adapt in an uncertain world....

30. Four-lane road and green spaces worth €40 million planned for Paphos

The road expansion project for Tombs of the Kings Avenue to Coral Bay is moving ahead, with the tender expected to be announced in the first quarter of 2026, according to the Department of Public Works....