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1. Cyprus sets record for wasted solar energy in 2025

Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave....

2. Cyprus’ tourism hits new highs, but winter still gets the cold shoulder

Cyprus’ tourism industry may be smashing records, but its biggest headache hasn’t gone away: most of the visitors still come when the sun is blazing....

3. Cyprus news roundup: Fires, finance and fiery wage demands

From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....

4. Cyprus hotels join Europe’s legal fight to break Booking.com’s grip

Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...

5. Global beach erosion crisis threatens coastal communities as sand shortage worsens

Coastlines worldwide are facing an escalating crisis as climate change accelerates beach erosion, raising urgent questions about the future of the world’s beaches, according to a Financial Times report....

6. 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....

7. BOC reports €235M in profits, but what does that actually mean for the rest of us?

8. Foot-and-mouth disease ravages livestock in Turkey

An outbreak of foot-and-mouth disease is sweeping through livestock in Ardahan and surrounding areas in northeastern Turkey, alarming farmers who are losing animals and income, Turkish media reported Monday....

9. End of an era as KEAN factory to be replaced by urban high rises

One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....

10. 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....

11. 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...

12. Desalination: A costly and controversial answer to global water shortages

As climate change fuels irregular rainfall and intensifies droughts, countries worldwide are increasingly turning to desalination to address growing water scarcity. ...

13. Skip truck drivers sound the alarm: ''Help us, or everyone pays''

Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out” Subtitle: ...

14. Cyprus consumers more price-savvy than new e-kalathi platform

More than a month after its launch, Cyprus’ e-kalathi digital price comparison tool is struggling to win over consumers, many of whom appear to be better informed than the platform itself when it comes to supermarket pricing....

15. Government cuts out locals in €35M energy deal ahead of electricity market opening

Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....

16. 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....

17. Cyprus banks are merging and here’s what that means for you

Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....

18. Cyprus taps U.S. and EU defense funds to strengthen military

Cyprus is taking steps to strengthen its military capabilities with help from both the European Union and the United States, government officials announced on Wednesday, marking another sign of deepening strategic ties between Nicosia and Washington....

19. 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....

20. 11 hotel groups go private on water with €3M state-backed desalination plan

Cyprus’ hotel industry is making a splash, literally. In response to mounting water concerns, 11 major hotel groups across Limassol, Larnaca, and Paphos have filed official applications to install small private desalination units on their premises....

21. Hilti opens new flagship store in Larnaca

CTC Automotive has opened a new innovative Hilti tools store in Larnaca....

22. Collaboration between CIM Cyprus Business School and EY Cyprus Ltd

EY Cyprus Ltd, in collaboration with CIM Cyprus Business School, has launched the EY Learn & Earn Program — a unique initiative developed with the strong support of ACCA....

23. Guardians of local flavor

The Gastronomos Quality Awards returned for the 11th year, shining a spotlight on the people who keep Cyprus’ food traditions alive, the farmers, producers, and small business owners who work with care, passion and respect for their roots....

24. New EV grants open, but you’ve only got until October

Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....

25. Cyprus e-mobility grant scheme faces criticism as initial funding runs out

The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....

26. Israel secretly moved planes to Cyprus and Greece before Iran bombing

In the hours leading up to a major Israeli military strike, dozens of Israeli aircraft were quietly moved out of harm’s way, and into Cyprus and Greece, without those host countries being fully aware of the plan’s purpose, according to Israeli media reports....

27. Environmental Department: ''We don’t approve projects based on who applies''

A beachfront development in Larnaca has triggered a public row between environmental activists and government authorities, with the Department of Environment rejecting claims that the project’s approval was politically motivated....

28. Eurobank eyes dual listing on Cyprus and Athens stock exchanges after Hellenic Bank exit

Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....

29. Protect Cypriot businesses before they’re bought out, Chamber chief warns

The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....

30. Tourism holds steady in Cyprus despite Middle East tensions

Despite the ongoing unrest in the Middle East, Cyprus’ tourism sector is proving both vulnerable and resilient, as a surge in advance bookings acts as a safety net for hoteliers and travel operators....