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1. Consumer spending remains resilient despite the war

Consumer spending in Cyprus remains resilient despite market uncertainty fueled by inflation and the conflict in the Middle East. Cypriots took advantage of the clearances that started around the end of June, focusing their shopping primarily on clothing and footwear....

2. VE Very Exclusive Accessories Ltd Unveils the Swarovski Fall/Winter 2026 Collection at an Exclusive Event in Cyprus

3. 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....

4. Cyprus records strongest retail sales growth in the EU

Cyprus recorded the strongest retail sales performance in the European Union in May, posting the fastest monthly and annual growth among member states, according to the latest figures released by Eurostat....

5. Cyprus sees one of Europe’s highest rates of illicit cigarette use

Cyprus ranked among the European countries with the highest share of illicit cigarette consumption in 2025, according to findings presented this week at a conference in Brussels focused on illegal trade and security challenges across Europe....

6. Fuel sales in Cyprus jump 11.2% in January as stocks fall

Petroleum product sales in Cyprus rose sharply in January 2026, even as stock levels fell markedly, according to the latest figures released by the Statistical Service....

7. Supermarket sales surge as shoppers keep spending

Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....

8. Real Madrid tops Deloitte Football Money League as clubs achieve record €12.4bn revenue

The top 20 revenue generating clubs in world football generated over €12bn in revenue for the first time, according to the 29th edition of the Football Money League published by the Deloitte Sports Business Group. ...

9. Greek retail giant Jumbo heads to Canada with first Ontario stores in 2026

Greek retail giant Jumbo is taking its next big step abroad, this time to Canada. The chain, known for its toys, home goods, and seasonal products, plans to open its first three stores in Ontario in 2026, marking its 12th market globally....

10. Black Friday hits Cyprus: Shoppers warned to watch for real deals

Cyprus has officially entered Black Friday week, and retailers are hoping for one of the strongest shopping weekends in years, as long as shoppers believe the deals are real....

11. Cyprus isn’t one property market anymore — it’s five

Cyprus’ property market is no longer a single, predictable landscape. New data from Landbank Analytics shows the island has split into distinct mini-markets, each with its own prices, buyers and momentum, from Limassol’s sky-high residential values to Famagusta’s unusual dominance of field sales....

12. Wolt loans nearly €2 million to Cypriot small and medium enterprises

Wolt, the platform connecting consumers, local businesses, and delivery partners, has lent nearly €2 million to small and medium-sized enterprises (SMEs) in Cyprus. ...

13. Cyprus tops EU in food, drink and tobacco sales in September

Cyprus saw a big jump in food, drink, and tobacco sales in September 2025, with people buying 10.4% more than the same month last year, Eurostat says. That’s the highest increase in the European Union, far above the EU average of just 0.5% and the eurozone’s 1% rise....

14. Lidl extends commitment to women’s football with UEFA partnership through to 2030

Lidl, one of the leading food retailers in Germany and Europe, announces the extension of its successful UEFA partnership, continuing its ongoing journey with the UEFA Women’s National Team to 2030....

15. Bank of Cyprus Scoops 11 Awards in Global Finance’s 2025 Digital Bank Rankings

Bank of Cyprus wins 11 awards, including 2 regional awards, in Global Finance’s 2025 World’s Best Digital Bank Awards ...

16. Cypriots fill supermarket carts as dining out declines

Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....

17. Fuel market shake-up under investigation

Cyprus’s competition watchdog has launched a full investigation into Petrolina’s planned takeover of ExxonMobil Cyprus, warning the deal could harm competition in the country’s fuel market....

18. ''Safety Concerns'' or just a tax grab?

A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....

19. Phedon Phedonos sounds the alarm: Drugs in schools, fake degrees on the rise

In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...

20. First Pandora and New Balance stores open in Cyprus

Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...

21. PwC Cyprus: The Cypriot real estate market maintained its momentum in 2024

PwC Cyprus presents its annual report on the Cypriot real estate market, outlining the main developments and trends of the sector during 2024, through detailed analysis and the use of extensive databases as well as the firm’s sectoral expertise....

22. Jumbo eyes Larnaca and Protaras for future expansion, but no timeline yet

Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...

23. Coffee up, veggies down: March prices shift across Cyprus

Shoppers in Cyprus may have noticed some familiar staples getting pricier last month, with Cypriot coffee and frozen burgers topping the list of products with the biggest price jumps in March....

24. Prices of everyday essentials surge in January

Consumers felt the pinch in January as the prices of 26 staple products rose, with 11 categories jumping by more than 3%, according to the latest Consumer Product Price Watch. ...

25. Trump’s tariff plans could hurt Cyprus’ economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....

26. More spending in Cyprus, but prices are rising

Cyprus is seeing more people shopping and spending money, but higher prices are still affecting the cost of living. New data shows that in November 2024, both the amount of goods sold and the money spent in retail stores went up compared to last year....

27. Black Friday buzz as shoppers return in full force

According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...

28. 50 million luxury shoppers pull back as market slows

For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....

29. November Newsletter of K. Treppides & Co Ltd - 15/11/2024

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

30. Amazon launches 'Haul', a low-cost rival to Temu and Shein

Amazon is launching a new e-commerce platform called Haul, designed to offer shoppers incredibly low prices on a wide range of products, aiming to take on growing competition from Chinese brands like Temu and Shein....