News

2025

  • Startup world cup returns to Cyprus with $1m prize - The world’s leading startup pitch competition, Startup World Cup, is returning to Cyprus for the second year in a row, organisers confirmed in an announcement issued on Thursday. Presented by Mellow and organised by Aivitam Ventures in partnership with Pegasus Tech Ventures, ... more

  • Cyprus Realty on Expo in May 8-9 2025 - As the Mediterranean’s rising star, Cyprus continues to attract investors looking for high-yield property opportunities.   With a booming economy, a favourable tax regime, and a strategic location bridging Europe, the Middle East, and Africa, Cyprus is fast becoming a top-t... more

  • New Cypriot gas find can help EU energy security - Europe is structurally short of gas, with all the problems that entails for security of supply and the competitiveness of the European economy.  The reality of this unfortunate situation has been brought home as a result of recent geopolitical developments, forcing a re-think... more

  • Cyprus property sales surge in January - Cyprus’ real estate market kicked off the new year with a 21 per cent increase in property sales, compared to the same month last year, primarily driven by Limassol’s record-breaking surge. January’s total sales reached 1,275 properties, according to the land department, mark... more

  • Cyprus property sales get off to a flying start - The Cyprus property market has got off to a flying start in 2025, as property sales contracts deposited at Land Registry offices surged by 21% in January compared to the same period in 2024, according to official figures from the Department of Lands & Surveys. All distric... more

2024

  • Cyprus - a strategic hub for innovation and growth - Invest Cyprus drives transformation with targeted incentives, partnerships and a vision for a tech-forward future. What specific measures is Invest Cyprus currently taking to position Cyprus as a leading fintech hub? Our strategy for 2024-2026 focuses on three key areas:... more

  • Cyprus aims to be LNG ‘export hub' - Energy Minister George Papanastasiou said on Friday that the aim is for Cyprus to become an export hub for liquefied natural gas, which will come from the deposits of the Eastern Mediterranean. Speaking at the 12th Cyprus Energy Symposium, in Nicosia, he stressed that the pri... more

  • House prices and rents went up in Q2 2024 - Eurostat reports that in the second quarter of 2024, house prices in the EU increased by 1.9% and rents by 0.7% compared with the first quarter of 2024.  Compared with the second quarter of 2023, the price of houses went up by 2.9%, while rents increased by 3.0%. House price... more

  • Cyprus’ GDP hits €31.34 billion in 2023, 6,5% - Cyprus’ gross domestic product (GDP) in nominal terms (current prices) reached €31.34 billion in 2023. This marks a growth rate of 6.5 per cent, according to the major revision of national accounts for 1995–2022 and the updated 2023 estimate from the Cyprus Statistical Servic... more

  • Cyprus Space Centre drives innovation with NASA - Cyprus advanced its space ambitions as the Cyprus Space Research and Innovation Centre (C-SpaRC) recently showcased key developments in its space programme. The Cyprus Space Exploration Organisation (CSEO) described C-SpaRC as a multi-million-euro national initiative funded b... more