Cypriot households will save a growing share of their income over the next three years, with the savings rate climbing…
Larnaca emerges as Cyprus’s ‘rising star’ as property transactions climb 6% year-on-year
The Cyprus residential real estate market is demonstrating stability and resilience, according to the latest Insights Report for the third…
DISY pushes to scrap stamp duty law entirely
DISY is pushing to abolish Cyprus’s stamp duty law entirely, with a bill that would scrap the requirement to stamp…
Global startup competition Unicorn Pitches heads to Limassol
Limassol is set to host the Cyprus edition of Unicorn Pitches: AI-Powered Real World Innovation on 3 December. According to…
Black Friday shoppers warned to check real prices before buying
Shoppers should research prices carefully before Black Friday and Cyber Monday to avoid misleading discounts, the Cyprus Consumer Association warned.…
Housing and fuel take 18% of Cyprus household budget
Almost 18% of Cypriot household consumer spending is allocated to housing, water, electricity, and fuels, Eurostat data show. The figures…
Israel–Cyprus gas pipeline can be ready within 12 months of approval, Energean CEO tells CNA
Energean’s new proposal for an Israel–Cyprus natural gas pipeline is the most immediately feasible option for bringing gas to Cyprus,…
State plans pension increases and minimum wage rise after credit upgrades
Cyprus is pushing ahead with pension increases and a minimum wage rise following three new credit rating upgrades, as President…
Prometheus vessel ready by December, but Cyprus may send €200m FSRU abroad for certification
Installation of the remaining equipment on the Prometheus is expected to be completed by late November or early December, after…
Tax department can now seize shares from wealthy evaders hiding behind companies
Cyprus is closing loopholes that have allowed some taxpayers to dodge their obligations by hiding wealth in company shares whilst…