Cyprus Residents’ Savings Climb as Corporate Deposits Hit New Highs
Cyprus Mail Suzana Psara Deposits of Cypriot businesses reached a historic €12.5 billion in July 2025, up from €11.7 billion at the end of last year and €9.18 billion in December 2019, according to Central Bank of Cyprus (CBC) figures released this week. Household deposits stood at €29.3bn, compared with €28.9bn in December 2024 and €23.8bn […]
RICS/KPMG: Cyprus Property Market Stabilizing
Cyprus Property News August 27, 2025 By Nigel Howarth The latest RICS Cyprus Property Price Index with KPMG shows a stabilising real estate market in Q2 2025, with moderate gains in housing, rentals, and leisure properties, while shops continue to lag behind. According to the price index, most property categories recorded moderate growth during the second quarter, […]
Pensioners: Why Cyprus is Ideal!
Helen Daniilidou 27/08/2025 Every pensioner arrives in Cyprus with different expectations, depending on their home country. Some are motivated by lower living costs, others by the sunny climate, healthcare, or tax savings. Below you’ll find a country-by-country breakdown showing why Cyprus has become such a popular choice for retirees from the UK, Germany, Poland, the […]
Larnaca leads Cyprus property price growth as residential sector outperforms commercial
Angelos Angelodimou 26 August 2025 In-cyprus en-philenews Specific trends in the Cyprus property market are becoming established, with the Larnaca district recording the highest overall growth whilst residential properties significantly outperform commercial real estate across all districts. The RICS Cyprus Property Price Index with KPMG in Cyprus for the second quarter of 2025 shows continued increases in […]
Cyprus ranks among EU’s top destinations for foreign businesses
Theano Thiopoulou In-cyprus, en.philenews 25 August 2025 The United Kingdom has been named the best European country for expat entrepreneurs, whilst Cyprus secured fifth place in a comprehensive analysis of business-friendly destinations across the continent. The study, compiled by international insurance provider William Russell, evaluated 10 European countries across six equally weighted metrics: startup density, one-year […]
Cyprus Extends Its Reach: New Wizz Air Routes to Venice Tuzla and Armenia’s Gyumri
27 August 2025 Helen Daniilidou As Cyprus continues to thrive as a travel and real estate hub, the island’s connectivity receives a major boost this winter season. Budget carrier Wizz Air is expanding its network from Larnaca with exciting new routes—linking Cyprus not only with Italy and Bosnia but also opening direct access to Armenia. […]
How Germany Ties Ireland Cyprus Italy Greece and More By Launching New Routes in 2026
Travel & world News. Published on August 22, 2025 Germany is expanding its aviation network by launching new flight routes in 2026, connecting major destinations like Ireland, Cyprus, Italy, Greece, and more. This strategic move strengthens Germany’s position in the global aviation market and enhances its tourism and business travel opportunities. Airlines such as Condor, Discover Airlines, Ryanair, and Eurowings are leading the way, offering direct flights from Germany to popular European cities. With these new routes, Germany […]
Digital nomads inject €10m annually into Cyprus economy
Cyprus Mail, Suzana Psara Cyprus grants over 500 digital nomad visas in four years Cyprus issued more than 500 Digital Nomad Visas in the past four years, as the government seeks to reposition the island as a hub for remote workers and part of its broader strategy to attract investment and talent. According to figures […]
Bank of Cyprus named best bank by Euromoney for tenth year running
Cyprus Mail, Kyriakos Nicolaou Euromoney, an international magazine focused on banking, finance and financial markets, has named the Bank of Cyprus (BoC) the best bank in Cyprus in its 2025 awards for excellence. This marks the tenth consecutive year that Bank of Cyprus has received the title of Cyprus’ best bank from Euromoney. According to an official announcement released […]
AI health project in Limassol enters commercialization phase
Cyprus Mail, Suzana Psara Chief Scientist Demetris Skourides and Professor Konstantinos Zamboglou, Medical Director of the German Medical Institute (GMI), met in Limassol as part of the ongoing review of Agora 3.0, a strategic infrastructure project awarded by the Research and Innovation Foundation (RIF) to the German Oncology Centre. Agora 3.0 has been described as […]