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1. 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....

2. PwC Global Entertainment & Media Outlook: Global entertainment and media industry revenues to hit US$3.5 trillion by 2029, driven by advertising, live events, and video games

Advertising spend forecasted to grow three times as fast (6.1%) as E&M consumer spending (2%) – as AI set to transform advertising models and drive hyper-personalisation...

3. PwC Cyprus: Celebrating international investment and the momentum it brings at the 13th Invest Cyprus International Investment Awards

The 13th Invest Cyprus International Investment Awards were held on Wednesday, July 9, 2025, reaffirming Cyprus’ position as a regional hub for international business and recognising distinguished foreign investors who continue to place their trust in the country....

4. Texas-based AI powerhouse Tenstorrent expands to Cyprus

One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....

5. Cyprus makes its move in the age of AI

Ask any country today and chances are they’ll tell you they want to be a hub for technological development—especially in the fast-evolving world of artificial intelligence (AI)....

6. MPs mull casino cash exemption despite laundering fears

A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....

7. How Cyprus became the secret hub of the global porn industry

When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....

8. New Bean Bar opens at the University of Nicosia

9. Rising screen time among Cypriot teens sparks concern

A new survey has raised alarms over the growing dependence on digital devices among adolescents in Cyprus, with nearly half of young people reporting constant online contact....

10. Cyprus Comic Con ends with stunning cosplay and gaming highlights

This weekend, Cyprus Comic Con 2024 turned Nicosia into a lively celebration of pop culture, welcoming fans of all ages....

11. Bronze age relics unearthed at Erimi-Pitharka, Limassol

The Erimi-Pitharka archaeological site, in Limassol district, dates to the Late Bronze Age, in accordance with previous findings, a press release issued by the Department of Antiquities of the Deputy Ministry of Culture says....

12. Accurate dating of Kyrenia shipwreck confirmed

Using various lines of evidence researchers have determined that the Kyrenia shipwreck had been constructed between about 345-313 BC and sank between about 286-272 BC......

13. Limassol Blu Marine: In the Heart of It All with Exciting New Developments

Limassol Blu Marine, a flagship development by the Leptos Group, exemplifies luxury living in the vibrant heart of Limassol. Nestled in the city centre, Limassol Blu Marine offers unparalleled access to the best the city has to offer, from world-class dining to premier shopping and cultural landmarks....

14. Melco's European expansion hit by tax cuts in occupied Cyprus casinos

Melco Resorts & Entertainment's grand venture, the City of Dreams Mediterranean, faces a dramatic twist in its European odyssey as northern Cyprus casinos brace for a tax overhaul. ...

15. How Trademarks Empower Businesses in the Digital Era

In the digital era, registering trademarks is of paramount importance, especially for small businesses and new entrepreneurs, as they play a crucial role in protecting a company’s brand and intellectual property....

16. State collects €90 million in taxes from casinos

The state has seen a boost in tax revenue since the summer of 2018 when the temporary casino debuted in Limassol. The trend continues with the current operation of the resort and satellite locations in the provinces....

17. Cablenet teams up with KINX Gaming for Global Game Jam 2024

It is with great pleasure that Cablenet announces its strategic cooperation with KINX Gaming pioneer in eSports industry in Cyprus and we are excited to invite you to the Global Game Jam - Cyprus 2024, which will take place for the second time in Cyprus from January 26th to 28th....

18. Cristiano Ronaldo invests in Paphos-based Strikerz Inc.

International football star Cristiano Ronaldo has joined a group of investors committing over $40 million to UFL, a new free football game developed by Paphos-based gaming publisher Strikerz Inc....

19. Larnaka-Based Marketing Agency Ranked in Top 4 Digital Advertising Teams in the World for 2023

The Obsidian Co. is positioning Cyprus on the global stage, securing a spot in the top 4 finalists in The Drum Awards 2023's ''Agency Team of the Year'', solidifying its status among the world's best digital advertising agencies....

20. Over 2,000 users raise alarm over iPhone 15 Pro heat

Numerous Apple customers have voiced concerns about the recently launched iPhone 15, citing issues of overheating just days after its release....

21. payabl. backs fastest growing tech event in Cyprus

payabl. announced as the Platinum Partner for Reflect Festival 2023...

22. City of Dreams Mediterranean partners with Cablenet

23. Melco Announces Unaudited Second Quarter 2023 Earnings

Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....

24. Union protests erupt at City of Dreams Mediterranean

Europe's first integrated resort aims to enhance the country's tourism offerings and establish itself as a major hub for business and conference tourism, as reported by Philenews....

25. Europe's first multi-themed resort opens in Limassol

The inauguration of the City of Dreams Mediterranean in Limassol on Monday marks a significant milestone for tourism in Cyprus, introducing the continent's first multi-theme resort....

26. Leaked Pentagon docs prompt ally denials

A large cache of what appear to be classified Pentagon documents circulating on social media channels is becoming a growing source of anxiety for US intelligence agencies, as numerous allies have been forced into denials over the purported leaks....

27. Casino dash before new Cabinet raises eyebrows

A House committee in the Republic of Cyprus is blocking three appointments on a casino commission until after the new Cabinet takes shape on March 1, with members raising conflict of interest concerns and the outgoing government insisting it should be allowed to fill the vacant positions now...

28. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

29. Black Friday: See how the annual shopping event is shaping up (photos)

On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....

30. Raising the Black Friday bar

This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...