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31. Larnaca on the rise as new homes fuel real estate boom

Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....

32. Two arrested in Athens for illegal pet trafficking

Two people, a 42-year-old foreign man and a 45-year-old Greek woman, were arrested Wednesday in Agia Paraskevi, northern Athens, for illegally trafficking companion animals. The operation, led by the Spata-Artemida Police Department, uncovered over 86 online ads for animal sales....

33. Bank of Cyprus sells €75M worth of Paphos property to Exness

The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....

34. SkyUp Airlines™: Celebration Event for the Launch of Flights Between Cyprus – Moldova, Romania, and Poland

A highly successful celebration event was held on June 12 at Larnaca International Airport by SkyUp Airlines™, marking the official launch of direct flights connecting Cyprus with Moldova, Romania and Poland. The event was a great success, gathering guests and media representatives....

35. Porsche hits the brakes on Taycan EV sales over fire risk

Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....

36. Nicosia’s new square debuts tonight with the Epic Street Fest

The wait is over. Nicosia’s brand-new square at the old GSP stadium is officially opening its doors tonight, and it’s doing so with a bang....

37. 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.''...

38. Nicosia gears up for the ultimate summer street fest on June 3

Mark your calendars and bring your appetite, Epic Street Fest Summer Edition is taking over the newly transformed old GSP park in central Nicosia on Monday, June 3, from 7:00 p.m. to midnight, ...

39. Aykut defends property sales in Turkish TV interview

Businessman Simon Aykut, accused of unlawfully selling Greek Cypriot properties in the occupied north, defended the legality of his company’s real estate dealings in a televised interview presented Monday as evidence in a Nicosia courtroom....

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

41. Grigorios Kamperis, Nicholas Argyrou, George Louka and Elias Kokkinos to speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference will focus on supporting and strengthening Cyprus’s national strategy for the Green Transition....

42. The quiet city turning into Cyprus’ new investment hotspot

A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....

43. 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. ...

44. 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....

45. Two Hungarians jailed for selling homes on occupied land

Two Hungarian nationals were sentenced to prison on Friday for their involvement in advertising and promoting the sale of homes on Greek Cypriot land in the occupied territories....

46. Alcohol sales to minors on the rise, and no one seems to be stopping it

More and more teenagers in Cyprus are getting their hands on alcohol, and they’re not hiding it. In the afternoons, groups of underage drinkers are gathering in public parks across the island, bottles in hand, as the sale of alcohol to minors spirals out of control....

47. 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. ...

48. 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....

49. Nicosia nabs top spot in Cyprus's priciest property sales for March

Nicosia topped the charts in March with the most expensive property sale in Cyprus, a whopping €29.3 million office transaction in the central district of Agioi Omologites, according to property data firm Ask Wire....

50. 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. ...

51. Altia: Successful Annual Business Lunch with Real Estate Partners

Altia’s annual business lunch with real estate partners was successfully held on April 29, 2025, in Nicosia. ...

52. AI adoption could boost global GDP by an additional 15 percentage points by 2035, as global economy is reshaped: PwC Research

New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...

53. April Newsletter of K. Treppides & Co Ltd – 11/04/2025

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....

54. Banks extend protection for stranded property buyers until July 2025

Stranded property buyers have been given a fresh lifeline, as Cyprus’ banks have agreed to extend the freeze on property sales and repossessions until the end of July 2025....

55. Pensioner scammed out of €142K in online investment trap

A 77-year-old man in Cyprus has been left devastated after falling victim to a sophisticated online scam that cost him a staggering €142,000, police said on Friday....

56. 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....

57. Turkish Cypriot developer barred from entering Dubai over property dispute allegations

A prominent Turkish Cypriot property developer was denied entry into Dubai over allegations tied to disputed real estate in Cyprus’ occupied north, according to local media reports....

58. Cypriot Gen Z rethinks alcohol: A sobriety shift or economic reality?

Cyprus's Generation Z is at the heart of a global shift in drinking habits, and local experts suggest the trend is taking root on the island as well....

59. Cypriot official accuses Government of hindering solar power for fossil fuel interests

In a heated exchange over Cyprus' energy policies, Kyriacos Hadjiyiannis, the president of the House Energy Committee, has stirred controversy by suggesting that the government’s stance on solar energy might be driven by a hidden agenda....

60. Businesses call for simpler, fairer tax reform in Cyprus

The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...