News Cyprus: Historic Famagusta Nautical Club returns to district
The historic Famagusta Nautical Club will return to the Famagusta district after more than 50 years in Limassol, Ayia Napa marina announced on Tuesday. The club relocated to Limassol for operations following the Turkish invasion in 1974. Its return will take place through a collaboration between the Ayia Napa marina…
News Cyprus: Authorities in Germany, Bulgaria, Serbia, Cyprus Take Down Crypto Scam Network
Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol. “The suspects used advertisements on social networks to lure victims ...
News Cyprus: Cryptowatch: Bybit’s New License and P2P Hotswap Feature, and the New ‘Bridge’ Between Cryptocurrencies
Last week's top stories about the crypto industry are here on CryptoWatch, with the developments centering on Bybit securing its license to operate in Cyprus. However, that is not all the news for the ...
News Cyprus: 2026 long-term investment guide stocks, gold, cryptocurrencies – Which is worth focusing on?
Entering 2026, the market remains highly volatile. From the Federal Reserve's interest rate policy to global economic growth and international developments, every factor can influence investment market trends. For investors, instead of chasing short-term hot topics, it's better to understand the characteristics and risks of different assets and then develop…
News Cyprus: University in Cyprus to accept tuition payments in Bitcoin
NICOSIA, Cyprus — Cyprus’ biggest private university said Thursday it will start accepting the digital currency Bitcoin as an alternative way to pay tuition fees. The country had been a hub for ...
News Cyprus: Cyprus leads euro area in card payments as digital transactions surge
Cyprus embraces cashless payments as card use reaches new high Cypriots continued shifting towards digital payments during the second half of 2025, with the country recording the highest share of card payments in the euro area, according to a report published by the Central Bank of Cyprus (CBC) on Wednesday.…
News Cyprus: Cyprus payment fraud losses rise to €3.7m
The value of fraudulent payments in Cyprus rose 16 per cent year on year to almost €3.7 million during the second half of 2025, even as the number of cases fell 5 per cent to around 14,000, according to the Central Bank of Cyprus (CBC). Despite the increase in value, payment fraud remained relatively…
News Cyprus: Cyprus deposit rates rise as consumer borrowing costs ease in June
The Central Bank of Cyprus (CBC) on Monday reported that deposit interest rates increased while consumer borrowing costs eased in June 2026, with the value of pure new lending also recording a sharp monthly rise driven by large corporate loans. The data showed that the interest rate on household deposits…
News Cyprus: Moody’s downgrades Cyprus deeper into junk
NICOSIA, Cyprus (AP) — International credit rating agency Moody’s drove Cyprus deeper into junk on Thursday with a three notch downgrade from B3 to Caa3 over concerns that the country may ultimately ...
News Cyprus: Cyprus and the US double down on a joint effort to combat financial crimes with more training
Cyprus and the U.S. said Monday that they’re doubling down on a joint effort to crack down on illicit finance with additional training of Cypriot law enforcement authorities to identify, investigate and prosecute financial crimes. An “ambitious” plan for the next year will involve 21 weeks of training for different Cypriot law enforcement agencies on financial investigative and forensic accounting techniques, as well as the use of technology in investigations, both locally and at the International Law Enforcement Academy (ILEA) in Budapest, Hungary, according to a joint statement. The plan adds to an initiative launched 20 months ago by the U.S. Department of Justice and the FBI to boost Cyprus’ financial crime-fighting capabilities following a pledge by Cypriot President Nikos Christodoulides to clean up the island nation’s sullied reputation as a money laundering and sanctions evasion hub.
News Cyprus: Regulation could give Cyprus an edge as financial centre, expert says
Cyprus could strengthen its position as an international financial centre by using its European regulatory framework as a competitive advantage rather than treating regulation simply as a cost, according to Kyriacos Antonaki, Head of AML & Compliance at KENDRIS Capital Limited. In an analysis published by the Cyprus Investment Funds…
News Cyprus: Cyprus Stock Exchange announces suspension and delisting of treasury bills
The Cyprus Stock Exchange (CSE) announced on Friday that it will suspend trading in the fifth issue of the 13-week treasury bills of the Republic of Cyprus ahead of their upcoming delisting. The temporary suspension of trading applies to the series 2026 treasury bills covering the period from May 29,…
News Cyprus: Cyprus Stock Exchange lists €50m in new government bills
The Cyprus Stock Exchange (CSE) has accepted the listing of €50 million worth of new 13-week Republic of Cyprus government bills, with trading due to begin on Friday, August 28, 2026. The CSE said it had accepted the admission of 50,000 government bills from the eighth series of the 2026…
News Cyprus: Royal Crown Insurance Company promotes Cyprus’ return to prosperity
It has been a precarious few years for the Cypriot economy. Anthie Zachariadou, Executive Director for Royal Crown Insurance Company, explains the effect this has had on the insurance sector and the ...
News Cyprus: Cyprus financial stability risks remain elevated despite resilience, warns CBC
The Central Bank of Cyprus (CBC) on Tuesday published its 2025 Financial Stability Report, warning that although Cyprus’ financial system remains resilient, elevated geopolitical tensions, global uncertainty and emerging risks continue to pose significant challenges to financial stability.The annual report sets out the central bank’s assessment of the developments and risks affecting financial stability in Cyprus, focusing on the key medium-term...
News Cyprus: Cyprus Business Now: Tax reform, financial stability, real estate, Wealthyhood
The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm Ask Wire.The analysis examined the country’s 50 largest property sales completed between January and June 2026, as well as how those transactions were distributed across Cyprus’ districts.The company, which uses technology to monitor property...
News Cyprus: Cyprus tests the limits of currency union
The agonizing process of agreeing a bailout in Cyprus has set troubling precedents for creditors, laid bare fractures within the European currency union and reminded investors of the ad hoc, ...
News Cyprus: Eurobank Research named top forecaster in Cyprus
Eurobank Research has been named Cyprus’ leading forecaster for a second consecutive year in the Focus Economics Analyst Forecast Awards 2026, recording strong performances against a field of established international and domestic banks and financial institutions. The bank said that its Economic Analysis and Research Unit, known as Eurobank Research,…
