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The Central Bank of Cyprus (CBC) has announced that it will publish an updated directive on the prevention of money laundering and...

With the tourist season now underway, the Deputy Ministry of Tourism has issued a renewed warning to property owners offering short-term...

The Cyprus Securities and Exchange Commission (CySEC) announced this week the launch of a targeted consultation initiated by the European...

Nuclear energy continues to hold a critical place in the European Union’s energy portfolio, accounting for about 22.8 per cent of total...

The Cyprus Securities and Exchange Commission (CySEC) has this week issued a stark warning to investors concerning a number of...

Despite ongoing structural hurdles, Cyprus’ manufacturing sector has once again shown its ability to weather international instability,...

The volume of new loans issued in Cyprus experienced a sharp decline of 22.8% in February 2025, reaching €246.1 million, down from €318.7...

Scheme Aims to Boost Local Business Ecosystem The Migration Department has officially opened applications for residence permits under the...

While it is no longer possible to purchase real estate, cars, or yachts with large amounts of cash, a proposed exception could allow...

Hellenic Bank is making significant strides in a dual integration process that will see both its banking and insurance operations undergo...

Cyprus experienced a 2.3% year-on-year increase in its Harmonised Consumer Price Index (HCPI) in February 2025, according to data...

The Cyprus Securities and Exchange Commission (CySEC) presented its key regulatory activities and market oversight initiatives during a...

In 2024, the turnover of most economic sectors in Cyprus saw an increase, reflecting the broader economic growth of the country,...

Despite a reduction in interest rates, the volume of new loans in Cyprus saw a notable decline in January 2025, according to data...

The Institute of Certified Public Accountants of Cyprus (ICPAC) has established a structured process for drafting an official document...

Tourism revenue in Cyprus experienced a notable year-on-year increase of 17 percent in December 2024, according to a report published on...

Significant changes to Cyprus’s tax system have recently been announced, aiming at modernization and reform. Specifically, the tax-free...

The Cyprus property market exhibited stabilising trends in the fourth quarter of 2024, according to the latest RICS Cyprus Property Price...

Non-performing exposures (NPEs) in Cyprus increased by approximately €16 million in October 2024, bringing the total to €1.61 billion,...

Natural gas extraction from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could begin within two to two and a half years, according to...