Business & economy news from the day beforePublic debt continued to fall in 2025, reaching its lowest percentage of GDP since 2008, while Cyprus also recorded its fourth consecutive fiscal …
Cyprus aims for gas exports by 2028 as Mid East conflict heightens supply tensions
NICOSIA, March 13 (Reuters) – Cyprus could begin producing natural gas for export as early as 2028, Energy Minister Michael Damianos said, potentially strengthening Europe’s push to diversify its …
Cyprus mortgage rates rise but stay below EU average
Interest rates for new housing loans in Cyprus rose to a peak of 3.41 per cent in January, up from 3.25 per cent during the previous month, though borrowing costs on the island remain lower than the …
Cyprus tech sector attracts over €2.5 billion in new foreign capital
Invest Cyprus on Friday presented the results and actions for 2024 and 2025 during its annual general meeting, highlighting the strengthening of Cyprus’ international investment position and the …
Cyprus Business Now: constructions, tourism, port, banks, state payroll
Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor Yiannis Tsouloftas, …
Smart home trends shaping modern living in Cyprus
Discover how smart home technology is reshaping daily life in Cyprus, from comfort and security to energy savings and long-term property value …
Cyprus businesses to be briefed on EU carbon border mechanism
The Cyprus Chamber of Commerce and Industry (Keve) will organise an information seminar in Nicosia on March 19, focusing on the Carbon Border Adjustment Mechanism (CBAM) and its impact on …
Bank of Cyprus Wins Best Private Bank Cyprus 2026 at the 2026 Global Banking & Finance Review Awards®
Global Banking & Finance Review® is pleased to announce that Bank of Cyprus has been honoured with the prestigious Best Private Bank Cyprus …
Cyprus business group joins European trade confederation to boost ties
The Cyprus International Business Association (CIBA) has joined the European Confederation of International Trading Houses Associations (CITHA), in a move it said would strengthen Cyprus’ presence in …
Cyprus Business Now: fuel, airports, banks, youth employment, vehicles
As air links with key markets are restored, demand for accommodation in Cyprus is estimated to follow a similar path to recovery, Papacharalambous told the Cyprus News Agency (CNA). This assessment …