Cyprus tax officials are finalising strict new enforcement measures that will allow them to shut down businesses and seize corporate…
Paphos-based entrepreneur named in Forbes 30 Under 30 list
Yannik Schmidt-Grimm, founder of Paphos-based dreamfactory Hospitality and guest automation platform Foyera, has been named to the Forbes 30 Under…
Tender for €100m Paphos-Polis road section closes today after legal battle, repeated delays
The tender for the Agia Marinoudа–Stroumbi section of the Paphos–Polis Chrysochous motorway closes today, following a legal challenge, a court-ordered…
Cyprus’s reduced home VAT: what parliament decided, why it matters, and what changes in 2027
Parliament has voted to extend provisions allowing a reduced 5% VAT rate on the purchase or construction of a primary…
Cyprus tourist arrivals fall 30% in March as Iran war hits bookings
Tourist arrivals to Cyprus fell 30.7% in March 2026, with the island recording 139,198 visitors compared with 200,736 in March…
Freedom24 Wins Three Global Banking & Finance Awards 2026 for Tradernet and Neo Compliance
Freedom24, part of Freedom Holding Corp. (Nasdaq: FRHC), has been named a winner in three nominations of the 2026 Global…
No price gouging as Cyprus ranks among Europe’s cheapest for fuel, watchdog says
The Consumer Protection Service has found no evidence of unjustified fuel price increases, its director Konstantinos Karagiorgis told the Cyprus…
Cyprus buyers turn to apartments as house prices bite, as market hits record €6.5bn
Cyprus’s property market reached record levels in 2025, with total transaction value rising 8% to €6.5 billion and the number…
Cyprus banks map out three economic scenarios for 2026 — from 4% growth to a 5% contraction
Cyprus’s systemic banks are preparing for a wide range of economic outcomes this year, their 2025 annual reports show, with…
Cyprus tourism takes 30% hit from Iran war as holidaymakers head to Spain
Tourist arrivals in Cyprus fell 30% in March compared to a previously forecast increase of 10%, with significant declines continuing…