Search

1. Ready to drive? Be ready to wait

Aspiring drivers in Cyprus are facing extensive delays in obtaining their licenses, with waiting times stretching to over a year in some districts, according to the head of the Pancyprian Federation of Driving School Owners (POIEO)....

2. Petrolina honored for support of JRCC at 30th Anniversary Event

Petrolina was recognized for its longstanding support of the Joint Rescue Coordination Center (JRCC) during a ceremony marking the Center’s 30th anniversary....

3. 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....

4. Cyprus pressured to pay for stalled power cable project

Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....

5. EU pressures Cyprus over stalled power cable project

The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....

6. Turkey defends Libya maritime deal, accuses EU of bias in Mediterranean dispute

Turkey pushed back on Friday against the conclusions of the European Union summit, which again criticized a 2019 maritime agreement between Turkey and Libya....

7. 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....

8. Odysseas Michaelides alleges political persecution over claims against president

Former Auditor General and now leader of the ALMA political movement, Odysseas Michaelides, says he's the target of a political conspiracy aimed at silencing him for publicly criticizing President Nikos Christodoulides....

9. Bollywood, bots, and big bucks as Cyprus becomes India’s new business and movie hub

In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....

10. “The right time is coming and it will come soon,” vows Greek Foreign Minister regarding Crete-Cyprus power link

Greek Foreign Minister Giorgos Gerapetritis reaffirmed Greece’s commitment to the Crete-Cyprus electricity interconnection project, stating that it will proceed as planned and “at the right time,” during a recent interview....

11. Driving instructors hit the brakes on exam delays

It’s not every day you see a convoy of driving school vehicles pulling up to government buildings in protest, but that’s exactly what happened on Friday as frustrated driving school instructors took their complaints to the Ministry of Transport. ...

12. India turns its gaze to Cyprus as gateway to Europe and the Middle East

Cyprus is emerging as a promising bridge between India and the broader regions of Europe and the Middle East, with business ties between the two countries gaining serious momentum....

13. India’s business titans set up shop in Cyprus, opening door to EU expansion

Cyprus is emerging as a key gateway for Indian companies seeking access to European and Middle Eastern markets, with the arrival of two major conglomerates, Thomas Cook India and LTIMindtree, signaling a new phase of economic cooperation....

14. Eurobank | Limassol welcomed the 1st India-Greece-Cyprus Business Forum

15. Indian giants Thomas Cook and LTIMindtree launch operations in Cyprus

Two major Indian companies, Thomas Cook India and LTIMindtree, are officially setting up operations in Nicosia, marking a significant step in strengthening business ties between Cyprus and India....

16. Trump’s tariff blitz threatens Cyprus’ push for U.S. investments

Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....

17. Cyprus' economic growth faces challenges, lenders highlight key concerns

The Cypriot economy is showing strong signs of growth, with GDP expected to rise by over 3% and unemployment dropping below 5% in 2024. Private consumption continues to play a key role in driving this growth. ...

18. Cyprus sees investment boom as foreign companies flock to the island

The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....

19. Cyprus strikes energy deals, but ‘Aphrodite’ gas delayed until 2031

Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...

20. Cyprus and Egypt join forces on major energy projects

The Christodoulides administration places great strategic importance—both in terms of energy and geopolitics—on the President’s visit to Egypt....

21. IGC Business & Investment Council Launched in India

The India-Greece-Cyprus (IGC) Business & Investment Council was officially launched today at the Taj Mahal Palace in Mumbai, marking a significant milestone in strengthening the economic ties between the three nations. ...

22. Cyprus, Greece, and Egypt team up to boost business opportunities

Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...

23. ELPIS is a lifeline for victims of domestic violence

The “ELPIS” application, designed specifically for victims of domestic violence at high risk, will become operational in the coming days....

24. 200 foreign companies and 1,200 new jobs in Cyprus in six months

Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...

25. Israel-Cyprus-Greece energy ties more important than ever, says Ambassador

Israel’s Ambassador to Cyprus, Oren Anolik, emphasized the growing importance of cooperation between Israel, Cyprus, and Greece, particularly in the field of energy,...

26. Cyprus police enhance financial crime fighting with FBI training

Cyprus police are receiving specialized training to tackle financial crimes, including money laundering and sanctions evasion, with significant assistance from the U.S. Federal Bureau of Investigation (FBI)....

27. TechIsland, Invest Cyprus team up to attract global tech investment

In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector....

28. Shipping Minister heads to Egypt for maritime talks

Deputy Minister of Shipping Marina Hadjimanolis is visiting Egypt following an official invitation from the Egyptian Minister of Transport, with whom she will discuss the further strengthening of cooperation between the two countries, in the field of maritime transport....

29. UAE’s TAQA looks to invest in Cyprus-Greece electricity project

A delegation of the United Arab Emirates (UAE) state-owned company TAQA, led by its CEO, Dr. Afif Saif Saif Al Yafei, reaffirmed its strong interest in participating in the GSI Cyprus-Greece electricity interconnection project, during a meeting......

30. Eurobank and India collaborate to create strategic business council

Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......