The Department of Forests has pledged to overhaul regulations governing state forest land leasing after an Audit Office report exposed…
EAC installs 220,000 smart meters as €35m funding secured
The Electricity Authority of Cyprus (EAC) has installed over 220,000 smart meters since launching its rollout in January 2025, placing…
Ayia Napa hotels pay frozen rents as state loses revenue during tourism boom, audit report finds
The state is losing revenue from five hotels built on forest land in Ayia Napa that continue paying rents frozen…
Cyprus lending outpaces GDP expansion as credit growth accelerates
Cyprus banks pushed credit expansion to 10.5% in November, a reversal from the 0.2% contraction recorded two years earlier, as…
Cyprus already imports animal feed, rice and coffee from Mercosur countries, data shows
Cyprus imported €83.3m from Mercosur countries in 2024, with official data showing South America has supplied the island for years…
Cyprus positions itself as gateway for Bahraini energy firms seeking to access EU market
Cyprus is targeting energy cooperation and Gulf investment through closer ties with Bahrain, citing expertise from Saudi Arabia and Gulf…
Cyprus tax reform to get overhaul in parliament-government push
Political parties are rushing to amend Cyprus’s tax reform that was voted in last month, to address complications in how…
Cyprus pension reform delayed to June but promises benefit increases for all
Cyprus will submit pension reform legislation to parliament in June, months after missing a December deadline, with the overhaul set…
Youth Tech Fest Cyprus 2026: Education, technology and creativity for the next generation
The 4th Youth Tech Fest Cyprus 2026 powered by Freedom24 returns on Saturday, 7 February 2026, in Limassol, bringing together…
Cyprus Parliament to add home renovation tax breaks in reform bills
Cypriot employees will receive their first salaries under the country’s tax overhaul this month, as Parliament prepares bills to clarify…