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1. Cyprus banks rake in over €750 million, even as rate cuts cool

Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....

2. Wolt loans nearly €2 million to Cypriot small and medium enterprises

Wolt, the platform connecting consumers, local businesses, and delivery partners, has lent nearly €2 million to small and medium-sized enterprises (SMEs) in Cyprus. ...

3. 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”)....

4. Prison CEOs and billion-Euro blunders

We’re the only country where prisoners run legitimate business ventures, and we even pay guards to watch over them and give extra ''security'' for their little enterprises. ...

5. 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....

6. US tech firm TKI expands to Cyprus through AI merger

A major new player has joined Cyprus’ growing tech scene. US-based software and AI company TKI is officially setting up shop on the island after merging with Hybrid ConsulTech, which will now operate as TKI EMEA....

7. 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....

8. BoC Fintech Hackathon 6.0: Explore themes and how to join

We are delighted to invite you to the informational Open Day of the BoC Fintech Hackathon 6.0, during which the objectives, thematic areas, and the hackathon process will be presented....

9. President of Disabled People's Organization: Disability in Cyprus means destitution

People with disabilities in Cyprus face widespread poverty due to state policies that tie support to strict income criteria, the head of the Cyprus Confederation of Disabled People’s Organizations....

10. Tototheo Global expands partnership with SES to deliver scalable, high-speed connectivity to maritime customers

Tototheo Global, a leading provider of advanced connectivity and technology solutions for the maritime and enterprise sectors, has announced the expansion of its long-standing partnership with global content and connectivity service provider SES....

11. Government expands day and 24-hour care services for persons with disabilities

The government has launched a series of initiatives to bolster both day and 24-hour care services for persons with disabilities (PwDs), the Deputy Ministry of Social Welfare announced, following public concern over care facilities....

12. Six freed on bail, one remains jailed in convicted felon-socialite case

The curtain is lifting on what prosecutors allege is a carefully orchestrated criminal ring, with trial proceedings for seven accused individuals set to begin at 9:00 a.m. on October 3, 2025....

13. Cyprus' family businesses are struggling to survive, experts warn

Family-owned businesses, long considered the heart of the Cypriot economy, are facing a crisis of survival, with most unable to pass the baton to the next generation, according to business expert Evi Sereti of PwC Cyprus....

14. Cyprus: Where bridges get inaugurated while justice gets delayed

I confess: I now find it hard to spot a parked patrol car without instinctively trying to see what the officers inside are actually doing....

15. Cypriot businesses go greener as hundreds certified in nationwide ESG initiative

Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....

16. Cyprus influencer and family arrested in €1 million crime ring linked to convicted felon

A 37-year-old Nicosia socialite, businesswoman, and influencer was arrested Friday in connection with a sprawling criminal operation involving drug trafficking, illegal gambling, and money laundering that reportedly generated €1 million in recent months, police said....

17. Cyprus backs young entrepreneurs with €50M boost

Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....

18. Cyprus lawmakers end auctions for Turkish Cypriot homes

The Parliamentary Refugee Committee has moved to end the practice of auctioning Turkish Cypriot homes, reaffirming that such properties should be reserved strictly for displaced persons' primary residences....

19. PwC Cyprus organizes consecutive leadership events designed to equip family and small businesses with strategic insights and practical tools to foster growth.

PwC Cyprus, under the auspices of the Cyprus-UK Business Association and the Institute of Chartered Accountants in England and Wales (ICAEW), and with the support of the British High Commission,...

20. From the Mekong to the Med: How Cyprus and Cambodia are crafting a new global alliance

In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...

21. Cyprus exits EU’s macroeconomic imbalance list as Brussels urges reforms in innovation, energy, and education

Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....

22. Cyprus’s booming defense industry nets €40M as officials call for faster growth

Cyprus’s defense industry has grown tenfold in recent years, with approximately 30 companies now generating an estimated €40 million in revenue annually, officials revealed Tuesday during a session of the Parliamentary Committee on Energy, Commerce and Industry....

23. India turns its gaze to Cyprus as gateway to Europe and the Middle East

Cyprus is emerging as a promising bridge between India and the broader regions of Europe and the Middle East, with business ties between the two countries gaining serious momentum....

24. Global VC investment rises in Q1’25 on back of record-setting $40 billion Open AI deal, according to KPMG’s Venture Pulse

Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....

25. Cultivating success stories of innovation: Deloitte’s exclusive event celebrating tech start-ups

Deloitte has long championed and supported innovation and entrepreneurship, spearheading various initiatives throughout the region....

26. Green Agenda Cyprus Summit 2025: Paving the way for a greener future

As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....

27. Eurobank | Limassol welcomed the 1st India-Greece-Cyprus Business Forum

28. The quiet city turning into Cyprus’ new investment hotspot

A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....

29. Farm company fined after employee seriously injured on the job

A farmworker was seriously injured after being crushed by a runaway tractor, an accident that could have been avoided, according to a Nicosia court that just slapped the employer with a €5,000 fine....

30. ECOMMVERSE by ECOMMBX – An Innovative Digital Platform for Financial Services

With the advancement of technology and growing demands for speed, flexibility, and tailored solutions, the need for new, alternative forms of financial services has become increasingly clear....