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1. Cyprus’ shopping bill outpaces its sales, trade deficit grows in first half of 2025

New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....

2. Stormy winds keep Greek ports closed, causing travel chaos

A ban on ships leaving the ports of Piraeus, Lavrio, and Rafina remains in effect due to strong, stormy winds disrupting ferry schedules....

3. Cyprus is a magnet for foreign companies as registrations surge

Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region....

4. ''They didn’t deserve to die like this''

“You found your way to paradise in the most painful way… a way you didn’t deserve.”...

5. Tototheo Global expands partnership with SES to deliver scalable, high-speed connectivity to maritime customers

Tototheo Global, a leading provider of advanced connectivity and technology solutions for the maritime and enterprise sectors, has announced the expansion of its long-standing partnership with global content and connectivity service provider SES....

6. Rotterdam Port prepares to host NATO forces in case of conflict with Russia

Europe’s largest port is quietly preparing for a future that may include war....

7. Doors open for global talent as Cyprus rolls out EU Blue Card

Starting Monday, July 7, non-EU professionals looking to live and work in Cyprus can officially apply for the EU Blue Card, a special residence and work permit for highly skilled workers....

8. Columbia Group buys Venus Rock Golf for €132M in one of Cyprus’ biggest real estate deals

One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....

9. Cyprus returns to three systemic banks after Alpha Bank Cyprus-AstroBank deal

Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....

10. Cyprus watching closely as U.S. strikes Iran’s nuclear sites

The Cypriot government is closely monitoring developments after the United States launched air strikes on three nuclear sites in Iran, in what President Donald Trump called “the most difficult and perhaps the most lethal” operation yet....

11. India’s drone power lands in Cyprus

Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....

12. The Catalytic Role of Legal and Regulatory Functions in the Modern Era of Sustainable Development

In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...

13. U.S. pulls embassy staff from Baghdad as fears of Iran-Israel clash grow

The U.S. is pulling non-essential embassy staff and their families out of Baghdad, citing rising security concerns tied to growing tensions between Israel and Iran, U.S. officials confirmed Wednesday. ...

14. Texas-based AI powerhouse Tenstorrent expands to Cyprus

One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....

15. “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....

16. 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:...

17. Cyprus cruise season launches with 170,000 travelers expected in 2025

The Daleela ferry launched its first voyage of the 2025 Cyprus–Greece maritime season on Saturday, as officials announced a surge in cruise tourism and reaffirmed the country's ambitions to become a key player in the global cruise sector....

18. 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....

19. 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....

20. America wants Greece’s ports, and China out

A quiet tug-of-war is playing out in Greece, one that could reshape global trade routes and shift the balance of power in the Mediterranean....

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

22. 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....

23. 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....

24. Banana container concealed €1.6M in cocaine, Greek authorities say (VIDEO)

Authorities in Thessaloniki have seized nearly 58 kilograms of cocaine hidden inside a shipping container carrying bananas from Ecuador, officials said Tuesday....

25. 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....

26. Olympia Nisiforou, Constantinos Yiorkadjis, and George Chrysochos to Speak at Green Agenda Cyprus Summit 2025

This year’s Green Agenda Cyprus Summit will shine a spotlight on how Cyprus can step up its role in environmental protection and sustainable development. ...

27. East Med Marine & Offshore Exhibition 2025: Another Milestone for Cyprus’ Shipping Industry

The 11th East Med Marine & Offshore Exhibition, organized by Fameline Holding Group under the auspices of the Cyprus Deputy Ministry of Shipping and coordinated by Thoosa Events, concluded successfully at the GrandResort in Limassol....

28. Desalination units loaded up and headed to Cyprus

In a timely boost to Cyprus’s water woes, the United Arab Emirates has begun shipping 15 mobile desalination units to the island, after a swift deal struck between the two countries....

29. Cyprus woos Wall Street as bankers back presidential pitch in the U.S.

Cypriot bankers have expressed their satisfaction with President Christodoulides' recent visit to the United States, where he promoted Cyprus as an attractive destination for investment. ...

30. The East Med Marine & Offshore Exhibition Returns!

The heart of the maritime and offshore industry is beating once again in Limassol! The East Med Marine & Offshore Exhibition, the premier event for industry professionals, will return for its 11th edition on April 24-25, 2025, at the stunning GrandResort Hotel....