Are foreign nationals snapping up real estate in Cyprus at an increasing rate? Yes, the numbers show that unequivocally. Has the situation spun out of control, driving up property prices for the rest, …
AmCham Cyprus warns minimum tax rules could affect US investment
Finance ministry defends minimum tax rules as business group raises concerns The American Chamber of Commerce in Cyprus (AmCham Cyprus) has called for a balanced approach to implementing the OECD/G20 …
Limassol and Paphos behind two-thirds of Cyprus property sales growth
Cyprus’ property market continued to grow in August, with sale contracts reaching 13,288 during the first eight months of 2026 and activity staying above last year’s levels in every month so far. A …
Cyprus employment rises 1.7 per cent in second quarter
Total employment in Cyprus increased by 1.7 per cent year-on-year during the second quarter of 2026, reaching an estimated 525,167 people, according to the state statistical service (Cystat). The data …
Cyprus business development organisation law: new funding opportunities for SMEs
By Ramona Livera and Alexandra de Gouveia In July 2026, the Cyprus Business Development Organisation Law 2026 (Law 124(I)/2026) was enacted, providing for the establishment and operation of the Cyprus …
Cyprus Business Now: startups, retail, Keravnos, Geely, AI strategy, BoC, CSE
Cyprus-based venture capital firm 33East has invested in Piney, a Cyprus-founded property operations startup that has raised €1.6 million as it expands from Europe into the United States. 33East said …
Keravnos hits back at claims of Cyprus business exodus
Cyprus has seen no evidence that large companies are leaving because of the global minimum tax, Finance Minister Makis Keravnos said this week, dismissing reports of an impending corporate exodus as …
33East backs Cyprus-founded Piney as startup expands to US market
Cyprus-based venture capital firm 33East has invested in Piney, a Cyprus-founded property operations startup that has raised €1.6 million as it expands from Europe into the United States. 33East said …
Cyprus Business Now: Schengen, banks, Jumbo, property, inflation
Cyprus borrowing rates were broadly in line with the euro area median in July, while deposit rates remained the lowest in the euro area, according to the Central Bank of Cyprus (CBC). The central bank …
Larnaca leads Cyprus property gains
Larnaca strengthened its position as Cyprus’ fastest-growing property market in the second quarter of 2026, leading quarterly gains in apartments, houses, offices and warehouses as demand for …