On a recent trip to Cyprus, I had dinner at Rous, in Nicosia, where I noticed a subtle print spanning an entire wall of the foyer. It was a timeline of the Mediterranean island’s history. On one end was the settlement of Cyprus by Paleolithic hunter-gatherers. On the other was Independence Day, August 16, 1960. The […]
The preliminary General Government fiscal results, which are prepared by CySTAT, indicate a surplus of €840.6m (2.4% of GDP) for the period of January-July 2025. The surplus that was recorded during the period of January-July 2024 was of €911.7m (2.7% of GDP). During the period of January-July 2025, the total revenue increased by €391.7m (+4.8%) and amounted […]
Specific trends in the Cyprus property market are becoming established, with the Larnaca district recording the highest overall growth whilst residential properties significantly outperform commercial real estate across all districts. The RICS Cyprus Property Price Index with KPMG in Cyprus for the second quarter of 2025 shows continued increases in the Larnaca district, which records the highest […]
Tradition recipes with Loulla Astin Baked Stuffed Courgette (marrow) A delicious summer dish! Marrows are super healthy, utterly delicious, cheap and we Cypriots love them. If the marrows have a very tough skin, with a vegetable peeler, remove few strips of the skin, mine were organic and very fresh from my friend’s allotment. You could […]
In the ever-evolving global landscape of private wealth, High Net Worth Individuals (HNWIs) are increasingly looking beyond traditional financial centres to jurisdictions that offer a blend of tax efficiency, legal certainty, lifestyle appeal and global connectivity. While Switzerland, London and Monaco often have dominated the headlines, Cyprus has quietly emerged as one of the most […]
What happens when experts on theatre and museums get their hands on texts, archaeological finds and photographs of Cyprus’ largest archaeological survey ever conducted? Between the years of 1927 and 1931, more than 20 archaeological sites on the island were excavated by the Swedish Cyprus Expedition. In this way, Einar Gjerstad, John Lindros, Erik Sjöqvist […]
The Department of Environment has issued positive approval for Paphos’s Sustainable Urban Mobility Plan (SUMP), which aims to transform transport infrastructure across the greater Paphos area by 2030. The SUMP covers Paphos Municipality, neighbouring municipalities of Geroskipou and Pegeia, plus 16 communities including Agia Varvara, Agia Marinouda, Armou, Achelia, Chlorakas, Kissonerga, Konia, Lemba, Mesa Chorio, […]
The Transmission System Operator (TSO) on Thursday said it is working with the Electricity Authority of Cyprus to push forward, where possible, applications by businesses wanting to set up energy storage facilities. In a statement, the TSO said that 18 applications for permits for energy storage systems are currently under review. The 18 applications concern a […]
Cyprus grants over 500 digital nomad visas in four years Cyprus issued more than 500 Digital Nomad Visas in the past four years, as the government seeks to reposition the island as a hub for remote workers and part of its broader strategy to attract investment and talent. According to figures from the Deputy Ministry […]
Cyprus was third among EU member states for the number of tertiary students from abroad with almost one in four in the country’s universities being an international student, Eurostat said on Friday. According to the data published, in 2023 there were 1.76 million students from abroad undertaking tertiary-level studies across the EU, amounting to 8.4 […]
Solar-powered parking payment systems have been installed by the Ayia Napa municipality in municipal carparks located on Kryo Nero and Alexandros Papadiamantis streets. The ticket machines are part of the municipality’s strategy for green growth and smart solutions in everyday life. “The specific upgrade is part of the municipality’s broader effort for the modernisation of […]
Cyprus’ outdated property law allows nationals of third countries to acquire real estate, even as individuals, with little oversight, according to a recent response from the Interior Ministry to parliament. The ministry confirmed that foreign buyers can file a transfer deed at the land registry office and proceed to exploit a property, such as an […]
Greece continues to attract high demand for travel throughout the autumn, with TUI AG, the largest European tour operator, confirming the country remains a top choice for Europeans. The German group is already in talks with Greek hoteliers and managers of hotels within its network, as well as in Turkey, to extend operations until the […]
ASBISc Enterprises Plc has announced estimated consolidated revenues for July 2025, reporting a significant year-on-year increase. According to the company, which is more commonly referred to as ASBIS, estimated consolidated revenues for July amounted to approximately $281 million. This represents a 26 per cent rise compared with July 2024, when revenues stood at $223 million. […]
The Deputy Ministry of Tourism has launched a tender for hotel rooms in Nicosia to accommodate thousands of delegates expected during Cyprus’ presidency of the Council of Europe from January to June 2026, when more than 250 meetings will take place across the island. According to the notice published on the Electronic Procurement System, the estimated […]
The Eratosthenes Centre of Excellence (CoE) this week announced the launch of Space BIC, a specialised business incubation centre to support space-based entrepreneurship in Cyprus. According to the announcement, the first call for applications is open until October 15, 2025. Operated by the Eratosthenes CoE with the support and funding of the Deputy Ministry of […]