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1. Cyprus faces potential controversy over alleged “fake” university degrees, mayor warns

The Mayor of Paphos, Phedon Phedonos, warned Thursday that Cyprus could soon face an international controversy over universities allegedly issuing degrees without proper student attendance....

2. Setting the record straight: A response to a recent open letter

A recent open letter addressed to me and published in "Politis" makes a series of grave accusations against Israel that cannot go unanswered. Silence in the face of falsehoods only allows them to take root....

3. Cyprus property market sizzles in July

Even though July marks the start of summer holidays for Cypriots, the month delivered a strong push to the property market....

4. 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....

5. 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....

6. Cyprus’ strong performance at FIDE World Schools Team Chess Championship

From 2-7 August 2025, Cyprus’s school team, representing The Grammar School, Limassol, competed at the FIDE World Schools Team Chess Championship, hosted at Episcopal High School in Alexandria, Virginia....

7. Political tug-of-war in Nicosia over €25M power cable payment

A brewing dispute within Cyprus’ government over the Cyprus-Crete electricity interconnection project is turning into a serious political headache just as €25 million is due for disbursement to Greece’s ADMIE, the project operator....

8. Cyprus Basketball Federation joins forces with TELETHON

9. 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....

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

11. 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....

12. 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....

13. Freedom Holding Corp. supports global chess events with the participation of schools from Greece and Cyprus

Freedom Holding Corp., parent company of Freedom24, proudly announces its participation as a supporter of the “FIDE World School Chess Championship 2025” and the “Smart Moves Summit 2025”, ...

14. ''We Failed'': President apologizes over wildfire response, announces 12 relief measures

President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....

15. Protesters greet Trump’s Scotland visit with signs, chants and criticism

President Donald Trump was met with protests across Scotland this weekend as he arrived for a private golfing trip tied to his late mother’s heritage....

16. Modernist building demolished in central Nicosia, raising concerns over heritage loss

A modernist building on Electras Street, located between Stasinou and Stasandrou, was demolished recently, drawing criticism from architects and residents concerned about the ongoing loss of Cyprus’ mid-20th-century architectural heritage....

17. 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....

18. Cypriot man loses €434,000 in online crypto fraud

In yet another online scam that’s been plaguing the country, a 53-year-old man in Cyprus was tricked into sending more than €434,000 to what he believed were cryptocurrency investments, only to discover he had fallen victim to fraud....

19. Cyprus airports set for €170M makeover as passenger growth soars

Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...

20. Cyprus at a crossroads: Can the island become a regional business powerhouse?

In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....

21. 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....

22. AEGEAN invests in two new Airbus A321neo XLR aircraft with even greater range and comfort

AEGEAN announces the addition of two (2) new Airbus A321neo XLR (Extra Long Range) aircraft with an even longer range of up to 10.5 hours, while accelerating the initiation of its flights to India, in March 2026. ...

23. BidX1 to hold major property auction on 30th July, featuring homes from €60k and online bidding access

BidX1, the property auction platform, has announced that it will hold a large auction on Wednesday 30th July, offering homebuyers, investors, and developers an exciting opportunity to secure real estate in Cyprus before the summer slow-down....

24. Epic's parent company honored for investment in Cyprus at international awards

Monaco Telecom, the sole shareholder of Cyprus-based telecom provider Epic, was recognized at the 13th Invest Cyprus International Investment Awards for its substantial contribution to the Cypriot economy through continued investment in the telecommunications sector....

25. Vasilikos scandal: Bank accounts under scrutiny in EU probe

Cyprus' political parties are voicing strong support for the examination of bank accounts linked to the failed Vasilikos LNG terminal as part of an ongoing investigation by the European Public Prosecutor’s Office (EPPO). ...

26. Reducing the cost of living through digital solutions

Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...

27. 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....

28. Deposit rates fall for households and businesses, while mortgage rates climb

Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....

29. 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....

30. Israeli developers to launch €40m high-rise project in Larnaca

An Israeli real estate partnership is set to break ground on a €40 million high-rise residential and tourism project along the Larnaca seafront, according to a joint announcement made this week....