Economy

Audit Office report: Only 23% of hotels fully licensed

Cyprus’ Audit Office has released a special report highlighting serious weaknesses in the licensing of hotel and tourism accommodation facilities, inspection systems and the...

Cyprus growth forecast lowered by Central Bank

Growth outlook revised lower The Central Bank of Cyprus has revised down its Cyprus growth forecast, citing increased geopolitical uncertainty and a weaker outlook for...

Check which benefits you may be eligible for through gov.cy

A new digital platform designed to help citizens identify possible government benefits has been launched, offering personalised guidance based on user-provided information, the Deputy...

Cyprus rent payments go fully digital starting today

The rent payments regulation comes into force today, 1 July 2026, making it mandatory for all rental payments for immovable property in Cyprus to...

Wellness economy reshapes food, tourism, and technology

Health trends are transforming business The wellness economy is no longer confined to the healthcare sector but is becoming a major driver of consumer behaviour...