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1.  Renowned Futurist Gerd Leonhard to Speak at Digital Agenda Cyprus Summit 2025

Mark your calendars for October 9: the highly anticipated Digital Agenda Cyprus Summit returns, once again setting the stage for forward-thinking conversations around life in the age of artificial intelligence....

2. XM investors await green light to take over Ancoria Bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....

3. Cyprus report finds failures in Takata airbag recall, flags possible criminal and political liability

The Attorney General of Cyprus, George Savvides, has released a report from a Three-Member Investigative Committee examining the distribution and recall of vehicles equipped with defective Takata airbags in Cyprus....

4. Digital Agenda Cyprus Summit 2025: Beyond AI

5. Cyprus considers electricity bill surcharge to fund €25 million energy project payment

Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....

6. TechIsland launches Legal Community

TechIsland, Cyprus’ largest tech association, announces the launch of a new professional initiative: the TechIsland Legal Community. This is a dedicated professional network for lawyers, legal advisors, and compliance professionals who work in Cyprus’ fast-growing tech sector....

7. 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....

8. Cyprus is being bought, and the state doesn’t seem to know or care

About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....

9. New governance structure cuts costs in provincial agencies, officials say

In response to recent reports about salaries and allowances within the Provincial Self-Government Organizations (EOAs), officials released clarifications Wednesday aimed at providing a fuller picture of the situation....

10. Nikaros, Varosiotou, Strovolos and the one billion

“The DISY party was not created to serve anyone’s personal ambitions!” When that comes out of Nikos Anastasiades’ mouth, it takes on an altogether different meaning....

11. 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....

12. Nicosia to receive over €1 billion in development projects, President announces

President Nikos Christodoulides unveiled more than 80 projects valued at over €1 billion aimed at transforming Nicosia and its surrounding suburbs during an event Monday at the Nicosia Municipal Theater....

13. Cyprus Sports Organization unveils plans for modern sports facilities across Cyprus

The Cyprus Sports Organisation (KOA) announced plans Wednesday to build a new 4,000–5,000-seat stadium at the Makario complex in Nicosia and signed a memorandum of understanding with stakeholders in Paphos to upgrade the "Stelios Kyriakides" stadium, aiming to address long-standing infrastructure issues across Cyprus....

14. 25th Petrolina Annual General Meeting

On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....

15. The Catalytic Role of Legal and Regulatory Functions in the Modern Era of Sustainable Development

In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...

16. 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,...

17. Wall in the sea at Kourion raises legal questions and scrutiny of British Bases

A newly constructed wall extending into the sea at Kourion Beach has triggered public backlash and raised serious concerns about violations of coastal protection laws and the role of the British Bases in environmental oversight....

18. 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....

19. EY announces the appointment of 4 new partners in Cyprus

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...

20. Interior Minister proposes cutting deputy mayors, cites need for local government reform

Interior Minister Konstantinos Ioannou said the government is considering proposals to reduce the number of Deputy Mayors across Cyprus, calling the current figure of 93 “excessive.”...

21. Larnaca District Authority handles over 2,000 complaints in 10 months

The Larnaca District Organization of Local Government (EOA Larnaca) has processed more than 2,000 complaints, violations, and grievances in under 10 months, with roughly half of them resolved and dozens progressing through the courts, according to President Angelos Chatzicharalambous....

22. Hellenic Bank and Eurobank Cyprus to merge under one name: Eurobank

The new bank that will emerge from the much-anticipated merger between Hellenic Bank and Eurobank Cyprus will operate under a single name: Eurobank....

23. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

24. Cyprus Parliament approves bill for decentralized hospital administration

The House of Representatives approved a bill Thursday aimed at decentralizing the management of Cyprus’ public hospitals, in a move supporters say will address widespread healthcare inefficiencies and region-specific challenges....

25. Christianna Diogenous, Georgios Kazantzis and Joseph Antoniou to speak at the Green Agenda Cyprus Summit

This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....

26. Police bust Land Registry corruption ring

A major corruption scandal has come to light in Greece, where authorities have arrested nine people tied to bribery and backdoor dealings in public land registry offices across Attica....

27. AI adoption could boost global GDP by an additional 15 percentage points by 2035, as global economy is reshaped: PwC Research

New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...

28. Deloitte announces Technology FAST 50 Middle East and Cyprus fourth edition rankings

Deloitte Middle East has released the results of the fourth edition of the Middle East Technology Fast 50, recognising the fastest-growing technology companies across Cyprus and the Middle East....

29. President unveils ''Brain Gain'' campaign and Silicon Valley ties at economic conference

Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....

30. AI Auditing or Auditing AI? Ensuring Accountability and Trust

As artificial intelligence (AI) systems are used more and more in core business models in multiple sectors such as finance, healthcare, technology, and human resources, ensuring their transparency, fairness, integrity and reliability is paramount....