The Electricity Authority of Cyprus (EAC) set out its position on power adequacy, electricity costs, renewable deployment and grid resilience. Management said decisions must remain evidence-based as demand rises and older units face technical and environmental constraints. The Dhekelia station was highlighted as a strategic priority. EAC said upgrades and phased unit replacement are necessary […]
Housing prices in Cyprus accelerated in Q4 2025, according to new data released by the Central Bank. The overall residential price index rose 7.1% year on year, up from 5% in the previous quarter. The sharpest move was in apartments, where annual growth reached 9.6%. The Central Bank attributes the acceleration to persistently strong demand […]
The foot-and-mouth disease outbreak has put the livestock sector on high alert, mainly hitting the meat market.
Lidl Cyprus is excited to launch its new contest “With Lidl Plus, Win the Kitchen You Love”. This contest helps users transform their kitchens through the digital loyalty program Lidl Plus. This initiative is part of a larger campaign for fresh products called “Who Knows, Knows”. Lidl Cyprus wants to reward customer trust, focusing on […]
This is the first West Coast museum to join the Samsung Art Store*, showcasing an exclusive collection on select Samsung TVs.
An important distinction that reflects Eurolife’s continuous effort and commitment to creating a modern and supportive work environment that meets the needs of its people. This recognition was based exclusively on anonymous evaluation and included, among others, the network of Insurance Advisors, highlighting the cohesion and values that govern the company’s operations. What this means […]
PwC’s 15th annual CEO survey highlights strong concern in Cyprus over the speed of business transformation in the AI era. The study included 77 business leaders based in Cyprus. Almost half, 43%, said their organizations are not transforming quickly enough to match the pace and scale of technological change. At the same time, most still […]
A dispute with wider implications has erupted in Latsi, where state authorities stepped in after complaints that a restaurant was being extended onto the sand within the protected beach zone. According to the authorities, the works that began on Saturday involved a concrete extension of about 12 metres. Once informed, Interior Minister Konstantinos Ioannou ordered […]
The Cyprus banking sector closed 2025 with lower but still substantial profitability, according to updated aggregate figures released by the Central Bank of Cyprus. Net profit came to €1 billion, down by €165 million, or 13.9%, from the €1.2 billion recorded in 2024. The main reason for the decline was a reduction in net interest […]
Participants discussed prospects for collaboration in key areas Investment opportunities and economic cooperation were the main focus of the Ethio–Cyprus...
