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Cyprus - Page 3

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‘Old GSP’ revived as €27 mln park to open this month

What used to be the capital’s landmark sports ground for nearly a century, the ‘Old GSP’ area is coming back to life, 14 years after the public park project was conceived. For

4th March 2025
Cyprus/Property

As Trump’s ESG rollback derails green investments, Europe must take lead

By Nicole Phinopoulou While the world grapples with the urgent need for a sustainable future, the policies of the Trump administration threaten to disrupt the momentum of green investments and the implementation

4th March 2025
Comment/Cyprus/Energy/Guests/Markets/World

Alpha Bank takes over Astrobank for €205 mln

Greece-owned Alpha Bank is going ahead with the takeover of Astrobank at a preliminary purchase price of €205 mln, making the new merged entity the third biggest bank in Cyprus. After the

28th February 2025
Companies/Cyprus

Business confidence at 3-year high, retail sector stable

Economic sentiment in Cyprus improved slightly in February, as the benchmark Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points to 109 compared to January’s 108.2 and 108.8 in December. The increase in

25th February 2025
Cyprus/Economy

AI, productivity and importance of knowledge

By Stavros Angelidis Artificial intelligence (AI) has become an integral part of our daily lives, bringing significant changes to the way we work, as well as a remarkable increase in productivity and

18th February 2025
Columnists/Comment/Cyprus/World

Cyprus-Egypt pipeline a reality, at last

A decade after the idea was first put on the table, Cyprus and Egypt have finally agreed to transport natural gas from the island’s as yet unutilised offshore reserves to facilities on the

18th February 2025
Cyprus/Economy/Energy/Europe/Markets/Middle East/World

Tourist arrivals up 27% in January

The Cyprus tourism sector got off to a positive start for 2025, with arrivals reaching 112,100 in January, up 27.4% from 87,961 in the same month last year. At this rate, total

17th February 2025
Cyprus/Economy

Shipping forum to focus on energy, maritime finance, AI

The eighth annual Cyprus Shipping Forum, organised by New York-based financial and maritime advisory Capital Link next week, will focus on the new challenges facing the local, regional and worldwide shipping community,

14th February 2025
Cyprus/Maritime/World

Limassol apt block most expensive sale at €39 mln

An apartment block in Limassol’s western suburb of Polemidia sold for €39.3 mln last year, making it the most expensive property deal of 2024, according to a recent market study by Ask

11th February 2025
Cyprus/Property

Apartments drive Cyprus sales, rental markets

Annual property prices in Cyprus grew in specific segments in the fourth quarter of last year, with apartment values rising by 1.3% and holiday apartments by 0.9%, according to a survey by

7th February 2025
Cyprus/Property
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