Deutsche Bank may return to Cyprus, says bank association president

Deutsche Bank may return to Cyprus, says bank association president

Merger activity accelerates among Cyprus’s largest banks Merger initiatives have accelerated in Cyprus, according to Aristidis Vourakis, president of the Association of Cyprus Banks and CEO of AstroBank, who also revealed that Deutsche Bank is considering a return to the island. Speaking during his address at the annual general assembly of the Association of Cyprus Banks, Vourakis stated […]

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Cruise tourism key to Cyprus’ economic revival, says Limassol terminal operator

Cruise tourism key to Cyprus’ economic revival, says Limassol terminal operator

DP World Limassol on Thursday released a statement highlighting the expected arrival of around 140 cruise ships in 2025, underscoring the island’s resurgence as a major Eastern Mediterranean cruise destination. “The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies,” the Limassol cruise terminal operator said. “Cruise […]

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President hails Cyprus’ maritime growth, invites ICS to Cyprus for 2026

President hails Cyprus’ maritime growth, invites ICS to Cyprus for 2026

President Nikos Christodoulides on Thursday praised Cyprus’ maritime sector during his address at the general assembly of the International Chamber of Shipping, which took place in Athens. “We are proud of the remarkable growth and ongoing success of our shipping sector, and we are working to expand it towards new horizons,” Christodoulides said. He added that shipping is “one of […]

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Keravnos urges banks to lend more, support startups and green growth

Keravnos urges banks to lend more, support startups and green growth

Kammas hails impressive transformation of Cyprus banks Finance Minister Makis Keravnos on Thursday called on the Cypriot banking sector to step up lending, support innovation and startups, and embrace cultural change through digital transformation. “The challenges facing the banking sector are significant and require continuous adaptation, innovation and investment,” he said during the annual general meeting of the […]

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Cyprus and Cambodia explore investment cooperation opportunities

Cyprus and Cambodia explore investment cooperation opportunities

The Association of Large Investment Projects recently held a meeting with the Honorary Consul of Cambodia in Cyprus Salah Essa. According to an announcement released on Thursday, the meeting formed part of the association’s strategy to strengthen international cooperation and attract foreign investment. The meeting took place at the headquarters of the Cyprus Chamber of Commerce and Industry (Keve), which the association operates […]

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Kataklysmos proves best weekend in years for Cyprus hospitality sector

Kataklysmos proves best weekend in years for Cyprus hospitality sector

Young visitors provide welcome boost Visitor numbers at restaurants, bars and coffeeshops across Cyprus ranged from 80 per cent to 90 per cent during the Kataklysmos long weekend, according to Neophytos Thrasivoulou, president of the hospitality owners association (Osika). “This year’s Kataklysmos weekend was one of the best in recent years in terms of footfall at leisure centres,” […]

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The 19 best restaurants in Cyprus

The 19 best restaurants in Cyprus

From humble Cypriot tavernas to Michelin-starred marvels, here’s where to eat on this eclectic Mediterranean island Cyprus is often referred to as being at the crossroads of three continents – Europe, Asia and Africa – and as such their time-served influences can be seen on the menus of countless tavernas across the island. But, don’t go thinking Cyprus is set in its […]

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Larnaca records highest property price rises in 2025

Larnaca records highest property price rises in 2025

Larnaca recorded the largest property price increases across Cyprus in the first quarter of 2025, whilst commercial properties declined, according to the latest RICS Cyprus Property Price Index with KPMG in Cyprus. The coastal city dominated quarterly gains across all major property categories, with apartments showing the most significant increases compared to the previous quarter, the index revealed. Apartments […]

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Cyprus connects to EU cross-border e-health network

Cyprus connects to EU cross-border e-health network

Cyprus is rapidly integrating with the European Union‘s cross-border electronic healthcare system, enabling citizens to access medical services across 16 member states through shared digital health records. The electronic connection of medical data between Cyprus and Luxembourg has been completed, with Greece scheduled to join the network in July. Estonia will follow, then all remaining participating countries. The “MyHealth@EU” network […]

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