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 […]
Bird Aviation officially inaugurated its second hangar at Larnaca International Airport (LCA) in a ceremony officiated by the Minister of Finance, Makis Keravnos. Group CEO, Uri Sirkis, noted that the expansion reflects Bird Aviation’s commitment to developing a leading maintenance hub in the Eastern Mediterranean and its confidence in Cyprus’s potential as a growing centre for aviation maintenance. Bird Aviation’s […]
The Paphos regional tourism board (Etap) has approved an increased budget of €600,000 and a new action plan for 2026, aiming to upgrade visitor experiences and expand the region’s digital and promotional reach. According to Etap, its board of directors met this week and approved both the budget and the plan for the next year. […]
The Cyprus quarry association and the China Aggregates Association have signed a memorandum of cooperation, solidifying a joint effort to deepen ties in the aggregates sector. The agreement was concluded during the ‘Building Bridges for the Future of the Aggregates Industry – Cyprus and China’ event, held under the auspices of the Cyprus Chamber of Commerce and […]
The Central Bank of Cyprus (CBC) on Wednesday announced the issue of a silver collector coin with a nominal value of €5 in proof condition and a mint year of 2025. The coin commemorates the 70th anniversary of the start of the Eoka struggle against British colonial rule. It will be limited to 2,000 coins. The coin will be delivered in a case and […]
Cyprus’ effort to draw back skilled Cypriots working abroad is gaining traction, with around 500 professionals now registered on the new Minds in Cyprus platform, according to Deputy Minister to the President Irine Piki. The initiative, launched by President Nikos Christodoulides in London earlier this year, is part of a broader push to reverse years of “brain drain” and […]
A Memorandum of Cooperation has been signed between the Cyprus Quarries Association and the China Aggregates Association. Announcing the news on its social media, the Cyprus Chamber of Commerce and Industry (CCCI) said this was a milestone for the island’s aggregates sector. “Today marks a milestone for the aggregates sector, as this new collaboration establishes […]
“The deepening of bilateral relations between Cyprus and the United States—exemplified by the establishment of a Strategic Dialogue and enhanced security cooperation—has elevated Cyprus’ status as a reputable and attractive partner for American businesses,” Marios Kapiris, the newly-elected President of the American Chamber of Commerce in Cyprus (AmCham Cyprus) suggests. In an interview with CBN, Kapiris elaborates […]
Deputy Minister of Tourism Kostas Koumis expressed his satisfaction with the tourism statistics for October, stating that it is the first time arrivals in October have exceeded half a million. He added that the period January–October 2025 was also “the best ten-month period in the history of our country’s tourism”. “The October statistics confirm the […]
The second edition of the Cyprus Forum Brussels will convene on 18 November at the European Parliament, bringing together influential policymakers, experts, and thought leaders for timely discussions. Organised by Oxygen for Democracy in collaboration with MEP Loucas Fourlas, this year’s gathering comes at a pivotal moment as Cyprus prepares to assume the EU Presidency. […]
The state budget implementation for the first seven months of 2025 stood at 31%, compared to 30% in the same period of 2024, according to the Treasury of the Republic. Over the last decade, the average implementation rate of the state budget’s development expenditures up to the end of July stood at 27%. The total development expenditures […]
The state budget showed a primary surplus of 11 billion euros on a cash basis in the January-October period, compared to €8 billion in the same period of 2024. The cash result of the central administration showed a surplus of €3.9 billion (against €7 billion last year). According to Bank of Greece data, during this […]
Cyprus strengthened its tech and business ties with Qatar earlier this month, following a delegation to Doha organised by the employers and industrialists federation (Oev) and the Cyprus Information Technology Enterprises Association (CITEA). The delegation was accompanied by Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou. Oev was represented by its former president […]