A global advocate for heritage protection and preservation, Her Highness Princess Dana Firas of Jordan was given a tour of The Cyprus Museum in Nicosia during a visit to the island. Deputy Minister of Culture Dr Vasiliki Kassianidou (pictured above right with the Princess), who is also an archeologist, carried out the 26 February tour. […]
The Cyprus property market displayed stabilising trends in the fourth quarter of 2024, according to the RICS Cyprus Property Price Index by KPMG Cyprus, which tracks real estate price trends across all districts. The data revealed moderate increases in all property categories nationwide during the final quarter of last year. When compared to the third […]
President Nikos Christodoulides this week said that Cyprus’ industrial sector’s “vast potential” has yet to be fully exploited. Speaking at the official dinner of the Agios Athanasios Industrialists’ Association in Limassol on Tuesday evening, Christodoulides said that the government is revising its industrial policy, focusing on internationalisation and expanding Cyprus’ industrial presence abroad. Addressing attendees, including Transport Minister Alexis Vafeades, […]
DMA spurs 15-fold growth Cyprus-based Aloha Browser on Wednesday reported an impressive surge in European downloads, experiencing up to 15-fold growth in the year following the implementation of the EU’s Digital Markets Act (DMA). Founder of Aloha Browser, Andrew Frost Moroz, attributed the company’s rapid growth to both regulatory changes and Cyprus’ conducive business environment. “Cyprus’ progressive business environment […]
Invest Cyprus, in collaboration with the Municipality of Nicosia, organised a networking event titled “Why Nicosia” on 25 February, aimed at bringing together the capital’s investors and institutional stakeholders to network and exchange views. The event was a platform to showcase Nicosia’s unique selling points as a premium destination for foreign direct investment and the […]
The Cyprus Securities and Exchange Commission (CySEC) on Tuesday marked ten years of social responsibility efforts, reinforcing its commitment to community support and sustainable development. According to an announcement, the commission has implemented a number of targeted initiatives over the past decade, “aimed at strengthening social cohesion and assisting vulnerable groups”. “We do not view corporate social […]
Invest Cyprus, in collaboration with the Nicosia Municipality, hosted a networking event this week titled ‘Why Nicosia’, aiming to connect investors with key institutional stakeholders. According to an announcement released on Tuesday, the event provided a platform for networking and exchanging views, reinforcing Nicosia’s position as a prime destination for foreign direct investment and corporate […]
The agreement for the sale of Ermes Department Stores’ investment in Superhome Centre DIY was finalised on Monday. In a statement issued by Ermes today, following its previous announcement on January 31, 2025, the company informed shareholders and the investment community that the transaction for the disposal of its stake in Superhome Centre (DIY) Limited […]
Limassol continues to lead the office rental market in Cyprus, with prices averaging €29 per square metre, while Nicosia remains a more affordable alternative at €13 per square metre, according to a report by Landbank Analytics. The analysis, compiled from major real estate platforms in January 2025, provides a comprehensive breakdown of office, retail, and […]
Attracting foreign companies to set up their headquarters in the Paphos District continues and is a longstanding policy and priority of the Paphos Chamber of Commerce and Industry, stated its Director, Marinos Stylianou. In statements to the Cyprus News Agency, Stylianou noted that Paphos, with its comparative advantages, low cost of living, airport, low crime […]
Finance Minister Makis Keravnos met recently with the new British High Commissioner to Cyprus, Michael Tatham, to exchange views on bilateral relations and ways to further enhance economic cooperation, as well as on European and international matters. Tatham assured the economic cooperation between Cyprus and the UK would continue, and said his country is ready […]
The aim is for 33.17% of Cyprus’ total consumption to come from renewable energy by 2030, based on the updated National Energy and Climate plan, Minister of Energy, Commerce and Industry George Papanastasiou said addressing the annual General Assembly of the Energy Saving Association. He said the goal is to reduce energy cost to the […]
Financial technology firm Capital.com on Monday announced the launch of a new paid internship programme for university students in Cyprus. The first group will include 30 students from the Cyprus University of Technology (Tepak), with plans to extend the initiative to other universities across the island. The company stated that the programme aims to provide students with […]
The Cyprus Telecommunications authority (Cyta), recorded revenues of €415 million and an expected pre-tax profit of €59 million for 2024, chairwoman Maria Tsiakka said on Monday. Speaking at a House finance committee meeting over the authority’s 2025 budget, she highlighted Cyta’s “significant contributions” to the national economy, saying that since 2000, it has transferred over €1.27 […]
Secretary general of the International Chamber of Shipping Thomas Kazakos on Monday met with Cyprus News Agency (CNA) director Dinos Finicarides, as well as the new director general of the Cyprus Shipping Chamber (CSC) Alexandros Iosifidis. The meeting was held at the CNA offices in Nicosia and involved a discussion on issues related to the […]
Hellenic Bank reaffirmed its commitment to Cyprus’ hospitality industry with its participation at the 46th Cyprus Hotel Summit and Horeca Expo in Limassol, where sector challenges and opportunities were brought to the forefront. The conference, organised by the Cyprus Hotel Association (Pasyxe), focused on innovation and growth, sending a strong message of optimism, resilience, and […]