Search

31. Despite AHK chief’s assurances, technocrats push for higher power rate hike

Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....

32. They hung Annita out to dry

What can one say about highways, marinas, ports, and other major projects that either never finish or, when they do, cost multiples and are riddled with unbelievable delays that are never properly accounted for?...

33. Tornaritis launches ''Get Up'' movement: Politics, but run like a business

Christoforos Tornaritis has unveiled the first glimpse of his new political movement, ''Get Up,'' which promises to ditch traditional politics in favor of what he calls a more professional, business-style approach to running the country....

34. Green light for six-story apartment block in former refinery zone

A new six-story residential building is coming to Larnaca’s Chrysopolitissa parish after the Environmental Authority approved plans for the project, which is set to transform a plot within the old refinery zone into modern housing....

35. Cyprus’s booming defense industry nets €40M as officials call for faster growth

Cyprus’s defense industry has grown tenfold in recent years, with approximately 30 companies now generating an estimated €40 million in revenue annually, officials revealed Tuesday during a session of the Parliamentary Committee on Energy, Commerce and Industry....

36. EY announces the appointment of 4 new partners in Cyprus

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...

37. Deloitte Cyprus welcomes two new partners

Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....

38. The Landmark Nicosia Towers: The ultimate 5-star lifestyle choice in Nicosia

As the most prestigious real estate project in the modern history of Nicosia is developing in full speed, the vision of the owner MHV, a company group with a prominent role in the luxury hospitality and premium real estate scene of Cyprus and the Eastern Mediterranean, is becoming more and more evident....

39. Abramovich’s €25 million VAT written off after ex-President's call

A growing scandal over Cyprus’ handling of VAT debts tied to Russian billionaire Roman Abramovich has taken a sharp new turn, this time with a bombshell allegation involving former President Nicos Anastasiades....

40. The LIFE Pharma Detox System Offers Solutions to Pharmaceutical Pollution

Medochemie is taking a leading role in addressing one of the most pressing environmental challenges currently faced by the pharmaceutical industry: the management and reduction of pharmaceutical pollution....

41. Beats beyond borders: How Cyprus’ DJs are uniting a divided capital

Cyprus has been divided for more than half a century, with its capital, Nicosia, split down the middle. But while politicians continue to stumble on the path to reunification, a new generation of DJs and music lovers is quietly achieving what decades of diplomacy have not: bringing the island’s two communities together, one party at a time. ...

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

43. Increasing Total Housing Supply Is Key to Tackling the Housing Crisis

Cyprus is at a critical juncture in its housing crisis, with property prices on the rise and supply struggling to meet existing demand. ...

44. Cultivating success stories of innovation: Deloitte’s exclusive event celebrating tech start-ups

Deloitte has long championed and supported innovation and entrepreneurship, spearheading various initiatives throughout the region....

45. Over €620,000 in upgrades heading to Polis and nearby villages

In a welcome boost for the Paphos district, more than €620,000 in grants will soon flow into Polis Chrysochous and surrounding communities as part of a government push to breathe new life into rural, mountainous, and remote areas....

46. New U.S. bill eyes Cyprus as key player in countering China’s Belt and Road

A bipartisan group of lawmakers has introduced the Eastern Mediterranean Gateway Act, a bill designed to elevate the Eastern Mediterranean in U.S. foreign policy and strengthen partnerships with countries in the region, including Cyprus....

47. EAC Chairman admits project costs overstated, downplays need for tariff hike

The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....

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

49. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

50. Two major roads near completion, set to transform travel across Cyprus (video)

Two key road projects are nearing completion in Cyprus and are expected to significantly improve transport links and everyday life for citizens, especially in rural and mountainous areas. ...

51. Agriculture Minister says water plan covers everyone, desalination units coming soon

No region in Cyprus is excluded from the government’s national water management plan, Agriculture Ministry Director General Andreas Grigoriou said Friday, responding to public concerns over the water supply in the Paphos district....

52. EU to fund expansion of Nicosia’s Pedieos Linear Park

The European Union will provide approximately €4.4 million to fund the expansion of the Pedieos Linear Park, the European Commission announced....

53. Cyprus targets Turkish nationals over property sales in occupied north

For the first time ever, arrest warrants issued by the Republic of Cyprus over the sale and development of Greek Cypriot properties in the Turkish-occupied north are targeting Turkish nationals. ...

54. Cyprus borrowers are back as loan demand soars in 2025

Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....

55. Christianna Diogenous, Georgios Kazantzis and Joseph Antoniou to speak at the Green Agenda Cyprus Summit

This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....

56. Fix the roads, save lives

Just two days ago, new data was released on fatal road collisions by district, covering the year so far. Sadly, not a single silver lining can be drawn from the figures. ...

57. Cyprus meets Cambodia: A bridge to bold business ventures

For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....

58. Israel quietly steps back from Great Sea Interconnector project

Israel appears to be backing away from a major energy project that was once seen as a symbol of Mediterranean cooperation, focusing instead on a smaller-scale power connection with Cyprus alone....

59. Cypriot banks on the rise as credit upgrades could mean cheaper loans for all

Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....

60. Education Ministry slammed for millions spent and cut corners in dodgy deals

A deep dive by Cyprus’ Auditor General has uncovered a troubling pattern in how the Ministry of Education, Sport and Youth has been handling public project contracts, and the red flags go back nearly a decade....