Installation of the remaining equipment on the Prometheus is expected to be completed by late November or early December, after which the vessel will proceed to a terminal for certification as a floating storage and regasification unit (FSRU). This was stated to the Cyprus News Agency by the president of the Natural Gas Infrastructure Company (ETYFA), […]
There is an increased degree of convergence of the average interest rates of credit institutions in Cyprus in relation to the corresponding average of credit institutions in the eurozone, both in deposits and loans, the Central Bank of Cyprus has said. In a press release, it notes that with the aim of further enhancing transparency, it has been […]
Cyprus business & economy wrap-up from the day before President Nikos Christodoulides on Friday addressed the BusinessEurope Council of Presidents in Nicosia, stressing that the Cyprus Presidency of the Council of the EU, commencing in January 2026, will be guided by the imperative to deliver a stronger, more resilient, and more competitive union. Ahead of […]
Researchers across Europe are deploying advanced automation in rail transport and making it smarter, cleaner and more reliable for passengers and freight. By Michaela Nesvarova Close to the beautiful coastline of Oslo, Norway, a bright blue tram rolls smoothly along the tracks of a local depot. At first glance, it looks like any other tram, […]
Here are the top business stories in Cyprus from the week starting November 17: The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement summarising the recently-held annual general meeting of the Cyprus association of real estate agents, which forms part of its membership. The meeting, held on November 15 at the […]
The heart of European business is beating in Cyprus today and tomorrow, as, in view of Cyprus’ Presidency of the Council of the EU in 2026, the Cyprus Employers & Industrialists Federation (OEB) is hosting the BusinessEurope Council of Presidents (COPRES). The main proceedings of the Presidents’ Summit will be held at the Hilton Nicosia, while the Presidents of the 42 […]
Fide Soupa: Cypriot Vermicelli Soup A bowl of comfort, healing and home. This soup is a Cypriot classic, simple yet deeply nourishing. Traditionally made with just vermicelli in chicken stock, it was given to us as children from a young age and is still thought of as a cure for all ailments. Here, I’ve lifted […]
Limassol led the way in Cyprus’ high-value real estate transactions in September 2025, contributing significantly to the total of €21.3 million recorded across the island, according to real estate analytics firm Ask Wire. Notably, the most expensive transaction was a €5.1m apartment in Ayios Antonios, Limassol, as the district once again dominated the top sales alongside Paphos. […]
RIF booth becomes a community hub for Cypriot founders, investors, and ecosystem builders Walking into Messukeskus on the first morning of Slush 2025 you feel the pace before you see it. The lights are low. The stages are loud. The queues for startup booths, investor lounges, and side events form fast and move even faster. […]
Cyprus will continue its efforts to modernise the way the government operates and strengthen its investment appeal, president Nikos Christodoulides pledged on Thursday. Addressing the general assembly of the association of large investment projects on Thursday, Christodoulides stated that despite an international backdrop of “instability, uncertainty and tensions”, Cyprus has managed to remain an attractive and reliable investment destination. He said […]
Australian company, Renaissance Minerals (Cambodia) Limited has inked two new deals to expand its gold mining operations in Mondulkiri and Tbong Khmum provinces in a move that is estimated to rake in $1.5 billion in revenue Keo Ratanak, Minister of Mines and Energy (MME), and Morgan Hart, Managing Director, Emerald Resources NL, signed two additional […]
Cambodia’s aviation sector recorded strong growth, with a combined 5.66 million passengers between the January-October period, representing a 14 percent year-on-year increase, according to a report from the State Secretariat of Civil Aviation (SSCA) released yesterday. The three international airports currently in operation are the Techo International Airport, the Siem Reap Angkor International Airport, and […]
Cyprus continues to shine in the global property landscape, offering investors a rare combination of stable growth, strong returns, and exceptional lifestyle appeal. At Pafilia, we believe 2025 is a defining year—particularly in Paphos and Limassol, two markets that are setting the pace for real estate investment on the island. The first half of the […]
The Leptos Group proudly announced the official inauguration of Cavalli Tower at Limassol Blu Marine, marking Roberto Cavalli’s first-ever branded residential development in Europe and a landmark moment for Cyprus on the global stage. The exclusive launch event, held on the evening of 23 October 2025, gathered leaders from business, politics, design, and media for an unforgettable celebration along Limassol’s seafront. Guests […]
bbf: has begun construction on Evolution Tower, a modern commercial development set to redefine the way we experience office life. Located on Spyrou Kyprianou Avenue in the Mesa Gitonia area, near Agia Fyla, the project rises along one of Limassol’s most dynamic business corridors. Evolution Tower is designed exclusively for contemporary, high-quality office spaces and […]
The Stephanis Store Network has announced plans to build a new, ultra-modern store in Larnaca, saying the investment forms part of its ongoing strategy for continuous development and quality service across Cyprus. The new store will be built on Spyros Kyprianou Avenue (formerly General Timayia), near the port roundabout, three minutes by car from the existing […]