Cyprus’s Cabinet approved the development and production plan for the Kronos gas field and agreed the key terms for the…
Construction costs rising in Cyprus as war and supply chain disruption push up material prices
Construction material costs in Cyprus are climbing, with the price index for April 2026 reaching 120.67 units — up 1.38%…
Social insurance surplus to fuel new €1bn investment fund from 2027
Cyprus’s Social Insurance Fund is projected to generate close to one billion euros in annual surpluses from 2027, according to…
Cyprus tourist arrivals could fall by up to 40% in April, travel agents chief warns
Tourist arrivals in Cyprus could fall by close to 40% in April, topping the 31% drop recorded in March, according…
Cyprus summer hotel occupancy down to 40–60%, against 80–85% in previous years, industry chief warns
Summer hotel occupancy in Cyprus has fallen to between 40% and 60% this year, compared with 80–85% in previous years,…
What your bank knows about you
Banks in Cyprus know almost everything about their customers — and no transaction goes unnoticed, according to information compiled from…
Social insurance debt scheme opens for employers and self-employed
A new scheme allowing employers and self-employed workers to settle overdue contributions to the Social Insurance Fund has come into…
Flight prices to Cyprus soar as Hormuz crisis squeezes fuel supplies
Flights to and from Cyprus have become significantly more expensive this summer, as jet fuel shortages triggered by the Strait…
From debt vehicle to €60bn giant: the transformation of the Social Insurance Fund
Cyprus’s Social Insurance Fund is set to become a major investment fund holding between €50 billion and €60 billion, as…
Limassol leads the way as Cyprus’s top 50 property sales total €197.7m in Q1 2026
The 50 most expensive property sales completed in Cyprus in the first quarter of 2026 totalled €197.7 million, with Limassol…