Search

1. Cyprus secures return of antiquities from U.S., Belgium and Germany

Cyprus has successfully repatriated several ancient antiquities from the United States and Europe, continuing a long-running effort to recover objects illegally exported from the island....

2. Cyprus’ shopping bill outpaces its sales, trade deficit grows in first half of 2025

New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....

3. Ancient Cypriot treasures return home after U.S. gallery steps up

Two ancient Cypriot artifacts, a rare 2,600-year-old chariot sculpture and a centuries-old ceramic flask, have been formally returned to Cyprus after years abroad in a small but powerful ceremony held at the Cypriot Embassy in Washington....

4. Cyprus is a magnet for foreign companies as registrations surge

Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region....

5. USA 1 – EU 0

Just days before the August 1st deadline, the U.S. and the EU managed to strike a new trade deal, prompting sighs of relief, as the two traditional allies will not have to clash, at least for now....

6. Big Greek players move in on Cyprus' signature cheese

Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....

7. Lidl Cyprus highlights its commitment to local quality through a signature GALPO culinary experience

Through a creative cooking seminar that was materialised at the Lidl Food Academy in Nicosia, media representatives and Influencers had the opportunity to experience firsthand the delicious quality and authentic origin of GALPO products, Lidl Cyprus' private label....

8. U.S. steps in to modernize Paphos air base

The long-anticipated modernization of the Andreas Papandreou Air Base in Paphos is officially underway, marking a major step forward in U.S.-Cyprus defense cooperation and the Republic’s growing strategic role in the Eastern Mediterranean. ...

9. 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....

10. India’s drone power lands in Cyprus

Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....

11. Oil and gas prices surge after attack on Iran nuclear sites

Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....

12. Phedon Phedonos sounds the alarm: Drugs in schools, fake degrees on the rise

In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...

13. Lidl Cyprus highlights the value of its collaboration with Evrofarma during a press trip to the heart of greek production

Lidl Cyprus organized a unique press trip to the facilities of its strategic partner, Evrofarma, in Didymoticho, in celebration of World Milk Day....

14. EU lawmakers approve tariff hikes on Russian, Belarusian agricultural imports

The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....

15. Jordan pulls the plug on imports from occupied North Cyprus

Jordan has stopped importing halloumi and similar cheeses from the Turkish-occupied north of Cyprus, becoming the third country to pull out of that market in recent months, after Lebanon and Qatar....

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

17. Cyprus meets Cambodia: A bridge to bold business ventures

For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....

18. 50% of recyclables in Koshi are landfilled

50% of recyclable products sent to Koshi are being landfilled in the cell at the factory there, while recyclables from Limassol and Paphos, at least in recent months, are being exported abroad for management....

19. Cyprus’ economy set to slow down, says IMF

The International Monetary Fund (IMF) has lowered its expectations for how much Cyprus's economy will grow over the next two years....

20. Dubai chocolate craze sparks global pistachio shortage

You’d never guess that a fancy chocolate bar from Dubai could shake up the global nut market, but that’s exactly what’s happened....

21. Cyprus moves forward with ambitious plan to revamp waste management

The Ministry of Agriculture announced plans to move forward with developing a comprehensive network of municipal waste management facilities, including upgrades to the Pentakomo and Kosi Environmental Management Units....

22. From summer hotspot to all-year hub

Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....

23. Trump’s tariffs aren’t the real threat, Cyprus needs a wake-up call

The first reaction in Cyprus to Trump’s tariffs was the worry that halloumi, salt, and olive oil would become more expensive....

24. EU strikes back at Trump’s tariffs, opens door to China

The European Union is firing back at Washington’s trade aggression with its own round of tariffs, as Brussels prepares a united front in response to former President Donald Trump’s protectionist push....

25. EU offered zero-for-zero tariff deal before Trump’s trade war

The European Union says it tried to stop a trade war before it started, offering Donald Trump a clean-slate deal to scrap tariffs on cars and a bunch of industrial goods. But the U.S. didn’t bite. Now the EU is done waiting....

26. Trump’s tariff blitz threatens Cyprus’ push for U.S. investments

Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....

27. Cyprus faces uncertainty as Trump’s tariffs target global trade

In a dramatic move that has sent shockwaves through global trade, US President Donald Trump has imposed hefty tariffs on imports from several key countries, ...

28. Trump declares tariff war, with chart in hand

At an official press conference, armed with a glossy chart and his signature bravado, former President Donald Trump unveiled what he described as ''the greatest, most incredible, America-first tariff plan you've ever seen.''...

29. 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....

30. 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....