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1. Traditional banks are funding more shadow loans

While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....

2. Nicosia’s iconic green space is getting a major facelift

For generations of Nicosia residents, the Municipal Garden has been more than just a patch of green in the heart of the capital. It has been a place for childhood memories, family walks, school trips, and quiet moments away from the city’s busy streets....

3. Dreaming of buying a home? Eurobank launches a guide to make the mortgage journey less confusing

For many couples in Cyprus, the dream of owning a home often begins with a late-night conversation....

4. A lifeline for small businesses or another state ''monster''?

European countries generally do not create state-run mechanisms that directly provide loans to small and medium-sized enterprises. Governments across Europe tend to avoid such structures because they are costly, bureaucratic, and often overlap with the role already played by banks....

5. Finally, cooler classrooms: 25 Cyprus schools begin €20 million energy transformation

For generations of students, hot classrooms, poor ventilation, and outdated school buildings have been a familiar part of the Cyprus school experience. ...

6. Bank of Cyprus executives recognized among EMEA’s top performers

The Bank of Cyprus has received several distinctions in Extel’s annual survey of management teams of listed companies in the EMEA region, with the group's executive director of financial management, Eliza Livadiotou, securing first place in the Best CFO category based on votes from sell-side analysts....

7. Leptos Estates Launches Bel Air Gardens, a New Garden-Inspired Residential Community in Yeroskipou

Leptos Estates announces the launch of Bel Air Gardens, a new residential development in Yeroskipou, Paphos, created for a balanced and connected way of life. Combining 112 contemporary residences with landscaped outdoor spaces, a central swimming pool and a welcoming community environment, the development introduces a fresh lifestyle concept just minutes from the city and the beach....

8. Cyprus gets new fiscal council chief as focus turns to public finances

Economist Dr. Andreas Charalambous officially took over as president of the Fiscal Council of Cyprus on Monday, succeeding Michalis Persianis, who has led the independent body in recent years....

9. Alphamega Hypermarkets invest in people and the future of the butchery profession

Alphamega Hypermarkets recently held the graduation ceremony for the fourth graduating class of its Butchery Academy, reaffirming their long-standing commitment to investing in people, education and the development of professions that bring real value to the Cypriot market....

10. Lidl Cyprus continues its dynamic benefits with 14 salaries per year

11. Commission approves €120 million Recovery Fund payment for Cyprus

Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....

12. Limassol’s fire-hit community leaders honored for their courage and resilience

In an emotional and deeply moving atmosphere, 13 community leaders from fire-affected areas of mountainous Limassol were honored on Tuesday night, June 30, 2026, for their valuable contribution in responding to last year’s devastating wildfire, both during the dramatic hours and days of the disaster and throughout the recovery period that followed....

13. Limassol’s job market stays strong as finance and tech companies continue hiring

While many people are watching the cost of living and wondering where the next job opportunities will come from, Limassol’s employment market continues to show signs of strength, particularly in the finance and technology sectors....

14. What Cyprus can learn from Lithuania’s energy independence journey

Energy resilience is not achieved through technology alone. It requires a long-term strategy that combines political will, institutional cooperation, investment and continuous risk assessment....

15. Qatar's former ruler who forged ties with Cyprus dies, nation enters four days of mourning

The State of Qatar is mourning the death of its former ruler, Sheikh Hamad bin Khalifa Al Thani, a leader widely credited with transforming the Gulf nation and strengthening its ties with countries around the world, including Cyprus....

16.  PwC Cyprus once again supports the Invest Cyprus International Investment Awards

PwC Cyprus participated as Platinum Sponsor of the 14th Invest Cyprus International Investment Awards, marking thirteen consecutive years of support for one of the country’s most important institutions dedicated to recognising international investors....

17. Baltic nations decouple from Russian grid to offer Cyprus an energy blueprint

Energy resilience requires more than just technological solutions. It demands a long-term strategy that brings together political will, institutional cooperation, investment, and ongoing risk assessment. ...

18. When you're paying three times more

Cyprus has a small, remote and open economy built around services. Those services rely on electricity every hour of every day to operate without interruption. It is no exaggeration to say that affordable power is the oxygen of a service economy....

19. Invest Cyprus honours international companies at the 14th Invest Cyprus International Investment Awards

Invest Cyprus congratulates the companies recognised at the 14th Invest Cyprus International Investment Awards, acknowledging their contribution to the growth of the Cypriot economy....

20. Extel: Strong Vote of Confidence for Bank of Cyprus from the International Investment Community

Bank of Cyprus has received a prestigious and highly significant distinction, being named a “Most Honored Company” in Extel’s internationally renowned annual survey....

21. President confirms second chance for 2013 bail-in compensation claims

President Nikos Christodoulides has confirmed that the online portal for compensation claims linked to Cyprus' 2013 banking crisis will reopen, giving eligible depositors and holders of bank securities another opportunity to submit applications if they missed the original deadline....

22. Wealthyhood and Bank of Cyprus Launch Co-Branded Investing App

The first-of-its-kind partnership rolls out top-class wealthtech to all Cypriot residents, offering Bank of Cyprus customers instant account linking and frictionless investing....

23. Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....

24. Golden defence deals and tough messages to Putin and Iran

The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...

25. Residents and businesses reject Nicosia's €10.8m historic centre redevelopment plan

Business owners and residents in Nicosia's historic centre have rejected the municipality's proposed redevelopment plans, arguing that the project falls well short of what the area requires and calling for a substantially larger investment....

26. Alpha Bank Cyprus is strengthening its customer-centric model through a new strategic investment in digital transformation

Alpha Bank Cyprus is taking another significant step in its digital transformation journey, further strengthening its customer-centric operating model through a new strategic investment that upgrades the way it serves, communicates with, and responds to the needs of its Customers....

27. Former transport minister among 10 facing corruption and money laundering charges

Ten defendants, including former transport minister Mario Demetriades, are facing an extensive list of criminal charges linked to Cyprus' citizenship-by-investment programme, with the case expected to begin later this year....

28. Coral Cyprus (Shell Licensee) strengthens the Shell service station network with a new strategic location in Aradippou

Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....

29. Cyprus faces severe 2030 electricity shortage without Vassilikos gas terminal

Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....

30. Cyprus Institute of Neurology and Genetics opens massive new €31m campus extension

The Cyprus Institute of Neurology and Genetics (CING) has officially inaugurated a massive new facility at its campus, marking the largest infrastructure expansion in the prominent research organization’s decades-long history....