market
cyprus
Home
Companies
Offers
News
Jobs
Events
Apartments
Join & Get 10% Off
News
Latest news out of town
Get the best news and current press releases.
Your search term
Cyprus Health Minister Pledges Upgrades as Hospitals Warn New Laws Could Force Closures
24.11.2025
Tensions are rising in Cyprus’s healthcare sector. The Ministry of Health has introduced two draft amendment bills , one for private hospitals and another for the State Health Services Organisation (OKYPY) , that have sparked strong pushback. According to private hospital associations and patient groups, the proposed legislation would force ma ...
read more
Cyprus Central Bank Lowers 2025 Growth Forecast to 3.1%, but Economy Still Shows Resilience
24.11.2025
The Central Bank of Cyprus (CBC) has revised down its GDP growth forecast for 2025 to 3.1%, a slight reduction from earlier projections. Despite the cut, officials emphasize that the Cypriot economy remains remarkably robust, underpinned by strong domestic demand, resilient consumer spending, and sustained investment in both infrastructure and ...
read more
Cyprus Strengthens Environmental Education by Signing New UNESCO Memorandum
21.11.2025
Cyprus has taken a major step to deepen its environmental education efforts by signing a memorandum of understanding (MoU) between the Environment Commissioner’s office and the Cyprus National UNESCO Committee. This agreement, recently formalized, will establish ongoing collaboration through joint working groups, expertise exchange, and co-organize ...
read more
Audit Office Slams Private Event Held in Protected Natura 2000 Zone on Cyprus’ Akamas Peninsula
21.11.2025
The Cyprus Audit Office has strongly criticized authorities for permitting a private event , complete with a stage and sound system , in the Akamas area, which is part of the EU-protected Natura 2000 network. According to the Audit Office, this event was not part of any formal public or cultural festival; rather, it was a birthday party for a wealt ...
read more
Cyprus Privatises Its Stock Exchange in a Big Tech-Driven Economic Shift
20.11.2025
Cyprus is undertaking a bold economic transformation: it plans to privatize its stock exchange while aggressively courting technology investments. Privatization Plans: The government has launched a process to sell the Cyprus Stock Exchange. They’re running an international tender to find a strategic investor, with a target to complete the sale ...
read more
A Historic First — Leaders of Divided Cyprus to Meet on November 20
20.11.2025
After a long period of political limbo, the Greek Cypriot president Nikos Christodoulides and the newly elected Turkish Cypriot leader Tufan Erhürman are set to meet on November 20, 2025. This gathering marks their first face-to-face meeting since Erhürman won in October, and will take place at the United Nations envoy’s residence in the buffer zon ...
read more
Secondary School Teachers to Strike Amid Evaluation Reform Debate
19.11.2025
A major confrontation is unfolding in Cyprus’s education sector. The secondary teachers’ union OELMEK has called for a four-hour strike on 19 November, from 7:30 a.m. to 11 a.m., coinciding with the parliamentary Education Committee’s start of article-by-article debate on the Ministry of Education’s new teacher-evaluation regulations. The union ...
read more
Lidl Cyprus’ 6th Wellness Camp Signals Growing Momentum for Well-Being Culture
19.11.2025
Cyprus recently witnessed its 6th Lidl Wellness Camp, held over 8–9 November 2025 at the Atlantica Aeneas Resort in Ayia Napa. This two-day event, now well-established, served more than 300 participants and focused on building practical, scientifically grounded habits for health, resilience, and mindful living. The program brought together 1 ...
read more
EU Gives Cyprus a Vote of Confidence — But Is the Boom Sustainable?
18.11.2025
On 17 November 2025, the European Commission released its Autumn Economic Forecast, painting a very bullish picture for Cyprus’s economy. According to the forecasts, Cyprus is projected to grow by 3.4% in GDP for 2025, significantly outpacing many EU peers. This growth is primarily driven by domestic demand, investment, and service sector expor ...
read more
Consumption Powers Growth — But Is Cyprus Too Dependent on Its Own Spending?
18.11.2025
Also on 17 November 2025, a Cypriot business commentary focused on how private consumption is the engine behind the country’s growth, according to the European Commission’s latest forecasts. The piece argues that Cyprus’s current economic strength is rooted in the domestic market: households are spending, salaries (in real terms) have grown, a ...
read more
Cyprus Unveils Home-grown Advanced Drone & Anti-Drone Systems
13.11.2025
The Cyprus National Guard (CNG) publicly demonstrated two domestically-developed defence technologies: the THISEAS situational awareness system and the Drone Eye anti-drone vehicle-mounted system. The announcement comes under the government’s innovation initiative and reflects how Cyprus is increasingly investing in dual-use and defence tech rather ...
read more
Wage Adjustment Deal in Limbo as Cyprus Employers, Unions Clash over Cost-of-Living Mechanism
13.11.2025
In the social-economic sphere, the long-running debate in Cyprus over the mechanism for adjusting wages in line with inflation – the so-called Automatic Tariff Adjustment (ATA) or Cost-of-Living Allowance (CoLA) mechanism – has reached a critical juncture. While the government remains optimistic about reaching a deal soon, trade unions and employer ...
read more
Cyprus Unveils Nine-Point Digital Roadmap Ahead of EU Presidency
10.11.2025
As the Republic of Cyprus prepares to assume the six-month rotating Presidency of the Council of the European Union starting 1 January 2026, its technology and communications ecosystem has unveiled a digital-tech roadmap comprising nine actionable steps. The roadmap, crafted by the trade association Computer & Communications Industry Associati ...
read more
Cyprus Considers Raising Family Income Limit for Tax Deductions to €90 000
10.11.2025
The government of the Republic of Cyprus is actively considering raising the annual family-income ceiling for eligibility of tax-deduction benefits from the initially proposed 80,000 to around 90,000. The move was signalled by Makis Keravnos, the Finance Minister, in recent remarks that the cost of widening the eligibility is “not prohibitive”. ...
read more
Cyprus streamlines reimbursement for overseas treatment
06.11.2025
The Republic of Cyprus’s Cabinet (Council of Ministers) has approved a new policy under which patients, and in certain cases their companions, who are referred abroad for medical treatment will benefit from significantly streamlined reimbursement procedures. The requirement to provide three flight quotations has been removed, making travel logi ...
read more
Cyprus proposes to anchor regional stability with a new Middle-East security organisation
06.11.2025
In a noteworthy geopolitical development, Cyprus has publicly floated the creation of a regional security organisation for the Middle East, modelled on entities like NATO and the OSCE. The plan was announced by President Nikos Christodoulides during a conference in Nicosia, where he stated that Nicosia is working to “mature the necessary polit ...
read more
Young Cypriots Spend Three Hours a Day on TikTok as Social Media Dominates News Consumption
05.11.2025
A fresh survey conducted by the University of Nicosia’s IMR unit for the Cyprus Youth Organisation (ONEK) has revealed that young people in Cyprus (ages 14-35) are spending on average nearly three hours daily on TikTok and around two hours on Instagram. 74 % of respondents indicated that social-media pages of news organisations are their main s ...
read more
Cyprus Unveils Its First AI-Powered Interactive Museum Guide “Tefkros”
05.11.2025
In a notable step forward for digital innovation, Cyprus has introduced its first AI-powered interactive museum guide, named Tefkros. Developed by a doctoral candidate at the Cyprus University of Technology, the guide takes the form of a 3D-printed figure rather than a full humanoid robot and is designed to interact with museum visitors, answer que ...
read more
Cyprus to install new mobile desalination units amid water crisis
03.11.2025
Confronting recurring droughts, declining reservoir levels, and the specter of climate scarcity, Cyprus is accelerating its plan to expand desalination capacity. Three new mobile desalination units are slated for installation in Episkopi, Vasilikos, and Ayia Napa by summer 2026. Simultaneously, a new permanent facility is planned for eastern Limass ...
read more
Cyprus offers €10 million incentive to build new Limassol tech park
03.11.2025
Cyprus is stepping up its ambitions to become a regional technology hub by launching a 10 million incentive package aimed at developers of a major new science and technology park in Limassol. The proposed development, called the Pentakomo Technology Park, would occupy nearly 196,000 m² and is designed to attract tech firms, R&D operations, startups ...
read more
Cyprus offers €65 000 grants to SMEs in tourism sector to boost cybersecurity readiness
30.10.2025
A recent announcement reveals that the Research and Innovation Foundation of Cyprus (RIF), together with the Digital Security Authority (DSA) acting as the national cybersecurity coordination centre, has launched a new Call for Proposals titled “Enhancing Cybersecurity for Small and Medium Enterprises in the Republic of Cyprus 2025 – Tourism”. The ...
read more
Diabetes in Cyprus: Six major health risks threaten patients as strategy stalls
30.10.2025
In recent reporting from Cyprus, it is highlighted that despite the island’s adoption of a new national diabetes strategy, patients living with Diabetes mellitus are still facing significant and longstanding obstacles. According to the latest available data, some 12.7 % of the population (around 115,000 people) under the national health scheme ...
read more
Greece and Cyprus Forge Medical Tourism Partnership to Boost Regional Health Appeal
26.10.2025
Cyprus and Greece have announced a new collaboration to strengthen ties in medical tourism, aiming to position Southern Europe as a competitive global hub for health services. The agreement was made public recently, signaling joint efforts to attract foreign patients by leveraging Cyprus’ strategic location, healthcare quality, and proximity to reg ...
read more
Digital Nomads Eye Cyprus as Remote-Work Destination – Visa Scheme Reopens with Fresh Momentum
26.10.2025
The island of Cyprus is increasingly positioning itself as a hub for remote-working professionals, thanks to the re-opening of its Digital Nomad Visa Scheme. The scheme targets non-EU / non-EEA nationals, allowing them to reside in Cyprus while providing services remotely to companies or clients abroad. Experts say this initiative dovetails with Cy ...
read more
Cyprus GDP Hits €34.77 Billion for 2024, Driven by ICT and Tourism Growth
26.10.2025
According to the revised national accounts released this week by the state statistical service, Cyprus’s economy achieved a real-term growth rate of 3.9 % in 2024, raising the nominal Gross Domestic Product (GDP) to around 34.77 billion. Breaking down the contributions: The Information & Communication (ICT) sector recorded the highest growth ...
read more
Cyprus Cabinet Approves National Strategy to Tackle Childhood Obesity via Healthy Lifestyle Changes
26.10.2025
The Cypriot Cabinet has approved a comprehensive national strategy aimed at improving the quality of life of the population by promoting healthier diets and increased physical activity. The initiative arises amid concerns that childhood obesity rates in Cyprus exceed many other European countries. The Minister of Health emphasised that major non-co ...
read more
Local Authorities in Cyprus Face €800 Million Debt Burden, Raising State Fiscal Risks
26.10.2025
A new report has revealed that the combined long-term obligations and deficits of Cyprus’s local government authorities (municipalities) are approaching 800 million, posing a potential fiscal risk for the national government and taxpayers. Specifically, the twenty new municipalities created following the local-government reform (implemented Jul ...
read more
Larnaca General Hospital Improves Bed Capacity—But Administrative Gaps Still Hamper Patient Care
17.10.2025
A recent parliamentary review and on-site inspection of Larnaca General Hospital revealed a mixed picture: on the one hand, the hospital has increased bed capacity and hired additional staff; on the other, it continues to grapple with administrative and procedural bottlenecks that impact service quality. Audit Office investigators flagged sever ...
read more
Stress Tests Expose Critical Flaws in Cyprus’ Digital Defences — Is Espionage the Real Threat?
17.10.2025
Over the past weeks, independent assessments of Cyprus’ digital infrastructure have triggered alarm bells. Stress tests and incident reviews suggest multiple cyberattacks and system failures have laid bare weaknesses in both security architecture and operational resilience. Some observers argue that these are not ordinary hacking attempts, but sign ...
read more
Government Internet Outage Shakes Public Trust as Officials Cite “Cable Fault”
14.10.2025
On the morning of October 14, Cyprus experienced a widespread disruption of internet services across government networks. Public sector employees found themselves unable to access internal systems, while popular public portals, such as Ariadni and Taxisnet, displayed error messages to citizens attempting to log in. The interruption, which lasted ar ...
read more
Cyprus Climbs to 5th Place Globally as a Top Destination for Startups
14.10.2025
In a recent speech at the 3rd Cyprus International Technology Relocation Summit, Marios Tannousis, head of Invest Cyprus, revealed that Cyprus now ranks 5th worldwide among countries ideal for launching a business. He backed this claim by pointing to the nation’s favorable credit ratings from major international agencies and its strong performance ...
read more
Cyprus rolls out Microsoft Co-Pilot and a €5M AI push to speed up public services
09.10.2025
Cyprus announced a nationally coordinated step into generative AI for the public sector this week: the government will begin rolling out Microsoft Co-Pilot licences to civil servants as a first phase of a broader 5 million “AI in Government” initiative intended to modernise bureaucratic work, accelerate routine tasks and invite local businesses to ...
read more
Cyprus launches free PrEP clinics at Nicosia and Larnaca hospitals — a public-health milestone that shifts prevention strategy
09.10.2025
Cyprus’s Health Ministry this week began offering free Pre-Exposure Prophylaxis (PrEP) services at general hospitals in Nicosia and Larnaca, marking the public rollout of a prevention option that has been advocated for by clinicians and community groups for years. The clinics , available by appointment in afternoon PrEP clinics starting in early Oc ...
read more
Doctors Sound Alarm as COVID‑19 Cases Rise in Summer Heatwave
08.10.2025
In early October 2025, Cypriot doctors and health officials have reported a gradual but noticeable uptick in COVID‑19 cases, warning that what was once considered “under control” is showing signs of revival. Over the past two weeks, general practitioners have documented more cases in private clinics; simultaneously, public hospitals are seeing more ...
read more
Digital Cooperation Organisation DCO unveils AI‑REAL Toolkit at G20 — stepping stone for Cyprus‑led AI diplomacy?
08.10.2025
At the G20 Digital Economy and Artificial Intelligence Ministers’ Meeting held recently in Cape Town, the Digital Cooperation Organisation (DCO) launched its AI‑REAL Toolkit , a guidance framework intended to help governments assess readiness and adopt AI responsibly. The rollout was covered in Cyprus‑based media and international tech press. cyp ...
read more
Cyprus Chief Scientist Courts Asian Tech Investment, Pushes Island as Innovation Hub
02.10.2025
Cyprus is stepping up its international tech diplomacy. The country’s Chief Scientist, who also chairs the National Committee for AI, recently led a delegation to GITEX Asia 2025 in Singapore, marking Cyprus' first direct participation at the major tech expo. During the visit, he and the Cypriot ambassador held meetings with Temasek, incubators, ve ...
read more
Cyprus to Tackle Fragmented Monitoring of Hospital Infections with National Biocare Platform
02.10.2025
Cyprus faces a pressing challenge in health oversight: tracking infections acquired inside hospitals is currently fragmented and inconsistent across the system. In a recent parliamentary reply, the Health Minister admitted there is no unified, mandatory national mechanism to capture these infection events, despite Cyprus reporting a hospital‑acquir ...
read more
Cyprus to Finalize National AI Strategy by Year’s End, Joins European AI Factory Network
02.10.2025
Cyprus is rapidly positioning itself as a regional player in artificial intelligence (AI), committing to finalize a National AI Strategy by the end of 2025. As part of this strategic vision, Cyprus will join the European AI Factories Network, a collaborative EU initiative designed to support member states with infrastructure, research support, and ...
read more
Cyprus Launches €62.5 Million Guarantee Scheme to Boost SME & Startup Lending
28.09.2025
In a bold move to support smaller businesses, the European Investment Fund (EIF) and Eurobank Cyprus have launched the island’s first InvestEU Guarantee transaction, which unlocks 62.5 million in new financing specifically for SMEs and startups. The program is intended to help firms that often struggle to meet traditional bank lending criteria, off ...
read more
Cyprus Unveils First National Strategy for Active Ageing to Promote Health, Autonomy, Social Inclusion
28.09.2025
In mid‑September 2025, Cyprus launched its first national strategy for active ageing (2025–2030), a comprehensive framework designed to support health, wellbeing, and social inclusion of older adults across the island. The strategy includes a detailed action plan for 2025–2027, supported by multiple ministries, particularly health, social welfare, ...
read more
1
|
2
|
3
|
4
|
»
»|
Follow us
Administration
Log in
Forget password?
Professional SEO
Our Network
Philippines
Thailand
Nigeria
About us
Team
We Are Hiring
Legal
Contact
Imprint
Privacy Policy
Unlock More Bookings - List Your Apartment for Free in Minutes