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Current Affairs

Preparations well underway for Cyprus' EU Presidency in first half of 2026

Deputy Minister for European Affairs Marilena Raouna has briefed Cabinet on the progress so far

14:02 - 02 Ιουλιου 2025

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Wizz Air announces new direct route from Larnaca to Tirana, Albania

Tirana is often described as being as Europe’s “Maldives” paradise, the airline notes

12:11 - 02 Ιουλιου 2025

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ERB Cyprialife and ERB Asfalistiki: The Hellenic Life and Pancyprian Insurance merger takes shape

CΝP Cyprialife and CΝP Asfalistiki are being renamed ERB Cyprialife and ERB Asfalistiki

11:21 - 02 Ιουλιου 2025

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Ministerial decree establishes National Mechanism for the Control of Foreign Direct Investments

President Nikos Christodoulides has described the move as a particularly important decision

10:51 - 02 Ιουλιου 2025

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'Maritime Cyprus 2025' to be held at Parklane, a Luxury Collection Resort & Spa

The event is set to be a defining moment in the international maritime calendar

10:04 - 02 Ιουλιου 2025

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Celebrating excellence, University of Limassol hosts its 2025 Graduation Ceremony (pics)

The event brought together graduates, families, faculty, and guests in a celebration of academic achievement

09:38 - 02 Ιουλιου 2025

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Laiko Cosmos Trading bringing William Grant & Sons' 'The Famous Grouse' and 'Naked Malt' to the Cyprus market

The announcement follows the recent inclusion of the products in the William Grant & Sons range on a global scale

08:48 - 02 Ιουλιου 2025

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Τhis year is pivotal for Cyprus’ tourism, President Christodoulides says

Tourism is a sector with a strong contribution to the country’s economy, and a key pillar of economic development

08:15 - 02 Ιουλιου 2025

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Increase in revenues and contained spending in Cyprus’ state budget by May

Revenues reached €3.61b, an 8% increase compared to the same period last year, mainly due to a direct taxes rise

08:01 - 02 Ιουλιου 2025

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CBC: Net demand for business loans rises in Cyprus for the first time since 2021

At the same time, lending criteria for businesses and households remained unchanged during the first quarter of 2025

07:57 - 02 Ιουλιου 2025

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The Norwegian recipe for sufficient human resources at hotels - The PASYXE initiative

The purpose of this specific initiative is the reintegration into the labour market of people aged 55-65

07:45 - 02 Ιουλιου 2025

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Cyprus Academy receives grant from InterAcademy Partnership for climate research

The project focuses on the escalating threats posed by climate change to marine ecosystems

07:39 - 02 Ιουλιου 2025

Christodoulides US Ambassador Julie Davis

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President - US Ambassador hail bilateral ties, role of Cyprus in the region

President Christodoulides and Ambassador Davis delivered addresses at a 1 July event to mark US Independence Day

07:33 - 02 Ιουλιου 2025

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Retail trade up in May in value and volume on annual basis

For the same month, the Turnover Volume Index of Retail Trade increased by 10.0%, CySTAT has reported

07:11 - 02 Ιουλιου 2025

Economy

Revenue from tourism up 39.9% y-o-y in April

In January-April 2025, revenue was up 32.2% annually, with average expenditure per tourist also rising 11.5%

07:02 - 02 Ιουλιου 2025

General

Yousef Sultan Laram: “We see great potential in encouraging Qatari investors to explore opportunities here, and vice versa”

The Qatari Ambassador to Cyprus says the two countries' relations are "comprehensive, evolving and anchored in trust"

07:00 - 02 Ιουλιου 2025

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Thanos Michaelides: The German market may become equivalent to the UK's for Cyprus tourism

PASYXE's President underlined the need to attarct tourists from alternative European markets during the organisation's AGM

14:08 - 01 Ιουλιου 2025

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Eurobank Group to build care centre and independent living residences for people with disabilities

The €2 million project will be implemented in collaboration with the Deputy Ministry of Social Welfare

14:00 - 01 Ιουλιου 2025

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