A delegation from the Paphos regional tourism board (Etap) and local hoteliers is in the Baltic states this week for a series of workshops aimed at strengthening the district’s presence in emerging markets.  According to the board, the presentations are taking place from November 11 to 13 in Vilnius, Riga and Tallinn, with more than […]

Cyprus must treat winter tourism as a “one-way street” and invest steadily in non-peak months, according to Hermes Airports Director of Aviation Development, Marketing and Communication, Maria Kouroupi. Speaking on the podcast A Look at the Economy from Politis, Kouroupi said Cyprus is on track for a third consecutive record year in passenger traffic, a trend she attributed […]

The assets of investment funds in Cyprus recorded a 16 per cent increase in September 2025, compared with the same month in 2024, the Central Bank of Cyprus (CBC) said on Friday. The total assets of investment funds reached €7.89 billion in September 2025, up from €6.80 billion in September 2024, marking an increase of over €1 billion, […]

Cyprus’ economy recorded robust growth in the third quarter of 2025, with new national and European data confirming that the country continues to outperform the wider region. According to a flash estimate by the Cyprus Statistical Service (Cystat), Cyprus’ seasonally adjusted gross domestic product increased by 3.6 per cent year-on-year in the third quarter of 2025. Cystat said that the […]

The Bank of Cyprus‘ property management unit has achieved a significant turnaround in its non-core asset portfolio, announcing that property sales have exceeded new asset acquisitions since the start of 2019, as part of its financial results for the nine-month period ending September 30, 2025. The Real Estate Management Unit (REMU), which concentrates on liquidating properties acquired through debt-for-asset swaps, has […]

Phnom Penh, Cambodia – 12 November 2025 – In the framework of the Europe-Cambodia cooperation in education, the European Union (EU) Ambassador to Cambodia, HE Igor Driesmans, together with the Ambassadors of the European Member States, Team Europe organises the fourth edition of the Study in Europe Fair.  The event takes place on 12 November […]

The preliminary agreement on the Cost-of-Living Allowance (CoLA) was signed at noon in the presence of the President of the Republic, Nikos Christodoulides. In statements made during a special ceremony at the Presidential Palace, Christodoulides stressed, among other things, that “a permanent agreement on CoLA is being achieved”. He added: “A matter that had remained open for […]

Cyprus and Saudi Arabia strengthened ties in the tourism sector this week as the UN Tourism General Assembly in Riyadh concluded with the adoption of the Riyadh Declaration on the Future of Tourism, a long-term roadmap for global cooperation over the next 50 years. Deputy Minister of Tourism Kostas Koumis co-signed a memorandum of understanding […]

An agreement was signed on Thursday to bring to an end the months of wrangling between workers and employers over the cost-of-living allowance (CoLA) and set how it is implemented going forward. The signing was attended by President Nikos Christodoulides, who said that “a significant effort has been completed”. “A permanent agreement on CoLA has […]

Invest Cyprus and the Cyprus International Business Association (CIBA) have signed a Memorandum of Understanding aimed at boosting the island’s investment and business environment. Invest Cyprus Chairman Evgenios Evgeniou and CEO Marios Tannousis recently welcomed a CIBA delegation – including its President Vassilios Demetriades and General Manager Valentinos Steliou – for a “constructive meeting”, as […]

A place to reconnect with both yourself and nature, the Noospheric Resonator combines infinity and eternity By Christina Michailidis Between Limassol and Paphos, high above the quiet stretch of Avdimou Beach, three vast spiral labyrinths of stone lie open to the sea and sun. This is The Noospheric Resonator, a land art installation created by […]

Korantina Homes has become synonymous with architectural excellence, strategic vision and long-term value creation In recent years, Cyprus has emerged as a dynamic hub for investment, with transformative projects reshaping its economic and urban landscape. Among the companies leading this evolution is Korantina Homes, an innovative real estate developer that has become synonymous with architectural […]

A landmark of sustainability and innovation, this future-forward business hub sets a new benchmark for real estate in Cyprus Neocleous Tower, a groundbreaking commercial development in the heart of Limassol, is  inviting corporations to experience the future of upscale workplace environments. Redefining the modern work lifestyle, the tower is raising the benchmark for sustainable real […]

Kyndryl Cyprus managing director Marios Kapiris recently assumed the role of president of the American Chamber of Commerce in Cyprus (AmCham Cyprus) for the 2026–2028 term, outlining an ambitious agenda to deepen economic and trade relations between Cyprus and the United States. “It is a great honour to step into the role of President of AmCham Cyprus for the 2026–2028 term,” Kapiris […]

The Famagusta regional tourism board (Etap) announced on Tuesday that the district is becoming the first tourist destination in Cyprus to feature an AI-powered (artificial intelligence) digital assistant. “The board, with the support of the Deputy Ministry of Tourism, is taking yet another step towards innovation by introducing an AI digital assistant for tourism,” Etap said. “It is an artificial intelligence […]

The value of property transfers in Cyprus reached almost €3.5 billion in the first nine months of 2025, according to the Real Estate Agent Registration Council.  In a statement released on Tuesday, the council said the sector’s pace was evident in the period from January to September, as sales documents filed nationwide rose by 13 […]