AmCham Cyprus on Friday announced its newly elected board of directors and president, following its annual general meeting held on September 18, and a subsequent board of directors meeting on October 16. AmCham Cyprus, which operates under the Cyprus Chamber of Commerce and Industry (Keve), aims to strengthen trade between Cyprus and the US. In its announcement, the chamber extended its […]

The Central Bank of Cyprus (CBC) on Friday held its first special session on the digital euro, bringing together payment service providers, including banks, payment institutions, and electronic money institutions. The event focused on the European Central Bank’s (ECB) upcoming decision on the next steps of the digital euro project and ongoing legislative negotiations in Brussels on the Single Currency Package. Delivering the opening address […]

Just like the Michelin stars that honor the world’s best restaurants, the Michelin Key is now shining on the planet’s top hotels, and two of them are right here in Cyprus. Both have just earned 1 Michelin Key, a brand-new distinction by the Michelin Guide celebrating hotels that deliver a “very special stay.” One sits […]

Paphos has been included in the list of the ‘Top 100 Green Destinations Stories 2025’, highlighting global best practices in sustainable tourism, the district’s Regional Board of Tourism has announced. As noted, Paphos was distinguished in the Culture and Tradition category for its best story and best practice, the innovative initiative to “unify and package” the […]

A true taste of autumn Baked Manouri Cheese with Figs There’s something magical about early autumn, when the evenings turn crisp, and the garden still offers a few last gifts. This year, my fig tree blessed me with a handful of late, sun-kissed figs, thanks to the beautiful weather we had in the UK. I […]

Alpha Bank has launched its first green senior preferred bond, seeking to raise up to €500 million from investors. The bond has a six-year maturity, though it is callable after five years. Market estimates suggest the interest rate will be around the 3 per cent mark. This issuance has been assigned a Baa2 rating by Moody’s, marking it as the bank’s first full investment […]

The Bank of Cyprus has completed one of the most extensive restructurings in Europe over the past decade, according to a new report by Eurobank Equities. The brokerage issued a buy recommendation on the stock with a target price of €10, implying a price-to-tangible book value (P/TBV) ratio of 1.47 times for 2027, and one of the highest dividend yields in Europe. According to the […]

Tourism Deputy Minister Kostas Koumis held a series of meetings in Brussels earlier this week, with a focus on the sustainability, competitiveness, and resilience of the European tourism ecosystem, ahead of the Cypriot Presidency of the Council of the EU in the first half of 2026. According to an announcement released on Friday, Koumis held successive meetings with Magda […]

Paphos lauded for uniting Akamas villages through slow tourism Paphos has been recognised among the world’s leading sustainable destinations after earning a place in the Top 100 Green Destinations Stories 2025, highlighting its success in fostering green and sustainable growth through slow tourism. According to the Paphos regional tourism board (Etap), the distinction celebrates the town’s innovative project […]

Cyprus ranks among the world’s top island destinations, securing 10th place in a list of the top 20 most popular islands worldwide based on tourist arrivals, according to a report from the National Bank of Greece (NBG). The report, which was shared by Greek outlet Oikonomikos Taxydromos, showed that the island stands alongside major global destinations […]

This year’s event focused on the theme of ‘Fintech Everywhere’ The Bank of Cyprus (BoC) on Wednesday announced that its 6th BoC Fintech Hackathon, held at the IDEA Innovation Centre from October 10–12, 2025, “concluded with resounding success”. According to the announcement, this year’s event operated under the theme Fintech Everywhere, expanding to every dimension of society and technology. “From […]

European Central Bank President Christine Lagarde on Wednesday backed German Chancellor Friederich Merz’s call for a single European stock exchange to support European listings and economic growth. “If we are serious about moving forward, we must complete the banking union and we must apply the same logic – and faster – to capital markets: a […]

Municipalities told to keep 2026 budgets balanced and within means Twenty municipalities across Cyprus will follow the precedent set in 2025 for their 2026 budgets, sharing a state grant totalling €117 million. According to a report by Philenews, this grant represents a significant increase of €45 million compared to the funding they received prior to the implementation of the Local Government Reform, […]

Invest Cyprus has been elected Regional Director of the World Association of Investment Promotion Agencies (WAIPA) for Eastern Europe for the 2025–2027 term. The elections took place in Sharjah, United Arab Emirates, during the 29th WAIPA World Investment Conference 2025, held in conjunction with the Sharjah Investment Forum. Representatives from over 140 countries gathered to […]