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1. Nicosia unveils €100 million plan to fix traffic chaos and modernize the capital

Nicosia is aiming for a major transformation, with over €100 million in urban and traffic upgrades on the table, as the capital struggles with decades-old road designs, mounting traffic, and growing frustration among residents....

2. Cyprus opens electricity market to competition on October 1st

Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....

3. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

4. Cyprus activates emergency council as Middle East tensions explode

Cyprus is stepping up emergency measures following Israel’s military strike on Iran, with President Nikos Christodoulides convening an urgent meeting of the National Security Council on Friday afternoon, officials confirmed....

5. 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....

6. I can’t believe I missed it: International Potato Day, the spud-tacular holiday we all forgot

So here I am, blissfully unaware and blissfully late, only realizing, two days too late, that International Potato Day just rolled past like a hot baked potato fresh out of the oven. And not just any potato, but the Cypriot potato. ...

7. Desalination lifeline arrives from UAE as island braces for summer drought

Mobile desalination units from the United Arab Emirates arrived in Cyprus over the weekend and are now being transported to Limassol and Paphos, just in time to help the island meet soaring water demand during the summer tourist season....

8. King’s Gardens: A Prime Investment in the Heart of Nicosia

9. Have we lost our minds? Or worse, our humanity?

A friend called me early this morning and said, ''I’m really starting to hate the world.'' It was the caffeine kick I needed to jolt me wide awake....

10. Timur Turlov at New York Eastern Mediterranean Business Summit: ''Cyprus is our European gateway to global markets''

Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...

11. Ramez Naam: Solar power is getting cheaper, and Cyprus is sitting on a goldmine

If there’s one thing Cyprus has plenty of, it’s sunshine. And according to clean energy expert and futurist Ramez Naam, that makes the island perfectly placed to thrive in the global shift to clean energy, as long as it invests in the right tech....

12. Freedom Holding Corp. Reaches $10 Billion Valuation on Record Share Price

Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...

13. Limassol man caught with nearly 200 jerrycans of diesel in backyard

What began as a drug probe ended with a discovery that has police scratching their heads, and could be tied to the high price of diesel....

14. Apartments take the lead in Cyprus property market boom

Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....

15. Hotels race for private desalination plants as summer approaches

Large hotel groups across Cyprus are seriously looking into installing their own small desalination plants as a way to secure enough water during the island’s scorching, dry summers....

16. BOC seeks to acquire Ethniki Insurance’s Cyprus subsidiary

Bank of Cyprus is moving forward with the acquisition of Ethniki Insurance’s Cyprus subsidiary, having entered exclusive negotiations for its purchase....

17. AnimaWings launches direct flights between Larnaca and Bucharest

The rapidly expanding Romanian airline, AnimaWings, has launched direct flights between Larnaca and Bucharest....

18. ''He who dwells everywhere''

Nicosia For Art – the production team behind the Nicosia International Festival – presents the world premiere of a performance of words and music, inspired by the work of Saint Romanos the Melodist. ...

19. Solar power, minus the power as homeowners left in the dark

Citizens who installed photovoltaic (solar) systems in Cyprus are feeling left in the dark and frustrated as their green energy is continuously cut off, leaving them to rely on conventional electricity. ...

20. USS Mount Whitney docks in Larnaca

The USS Mount Whitney, flagship of the U.S. Sixth Fleet, arrived in Larnaca this week as part of a planned visit aimed at reinforcing the strong ties between the United States and Cyprus. ...

21. Net-billing to replace net-metering: What you need to know

Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....

22. Larnaca Airport vendors dodge 60 cent water price cap

Travelers passing through Larnaca Airport might be surprised to find that while a government-mandated price cap sets the cost of a 500ml bottled water at just 60 cents, actually finding one at that price is a different story....

23. Meritocracy, privilege, and the Cypriot dream: Reflections on the English School controversy

Children and adolescents in many parts of the world, including Cyprus, face real problems. Bombs rain down on Ukraine, poverty ravages Gaza, school shootings plague the USA, natural disasters devastate the poorest regions, and here in Cyprus, an entire family recently perished in a tragic house fire....

24. Lidl Cyprus remains true to tradition with the most options for Lent

The company welcomes Lent with quality, tradition and more than 75 fasting options, combining authentic flavors with innovative suggestions....

25. Hong Kong investor increases stake in historic Agros hotel

Foreign investor Balram Chainrai's aggressive pursuit of Agros' historic hotel continues into 2025 as he steadily increases his shareholding, bringing him closer to full control following his public takeover bid....

26. Freedom Holding Corp. reports 57% surge in Q3 revenue, hits $9 billion market cap milestone

Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....

27. No relief in sight as electricity prices to remain high until 2027

Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....

28. Ostrich or ordinary? Viral photo of dish fuels debate

One of the discussions that impassions readers concerns everything related to food in restaurants: the quality, the price, the quantity, the service, and even the environment....

29. €8 million and counting as Crete-Cyprus interconnector delays pile up

The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....

30. A week in Cyprus: Broken promises, electricity woes, and a Valentine’s Day summit?

The government keeps repeating the same promises, but according to DISY, that won’t be enough to convince the public. But why not? Repetition helps people absorb information, right? ...