The Electricity Authority of Cyprus (EAC) is continuing the mass installation of smart meters in January across all regions in…
State generates €488 million from emissions trading scheme over 12 years
Cyprus generated net revenues of €488,171,491.42 from auctioning emissions rights between 2012 and 2024 as part of its participation in…
Cyprus ends ‘Solar for All’ as mandatory battery scheme looms
The era of traditional solar subsidies in Cyprus has come to a close with the arrival of 2026. The popular…
Holiday shopping satisfactory and better than previous years, retailers say
Footfall at shops during the holidays and the final days before the New Year reached satisfactory levels and performed better…
Minimum wage rises to €1,088 as new rates take effect from January
The state is revising minimum wage limits following a Cabinet decision on 23 December, with a new decree published in…
Zygi regeneration enters second phase with €2m project
The second phase of Zygi’s core regeneration will begin in 2026 after the Larnaca District Administration issued a tender on…
Private schools push expansion as 28 seek planning approvals
Twenty-eight private schools in Cyprus have applied to the Interior Ministry for development approvals as the sector pushes ahead with…
Retail sector closes 2025 with record Christmas sales
Christmas Eve once again lived up to its reputation as the most commercial day of the year, with 24 December…
One in six Cyprus homes now generates solar power
More than 81,000 homes in Cyprus generate energy from photovoltaic systems, a figure representing approximately 16% of the country’s total…
Interior Ministry signs €12m deal for 54 affordable rental flats in Strovolos
The Interior Ministry and the Cyprus Land Development Organisation (KOAG) signed an agreement today for €12 million in additional funding…