FastForward

FastForward Your go-to source for business, tech, finance, and culture in Cyprus. Insights, stories & updates shaping the future.

The new Data Acquisition Station will boost rapid access to satellite data for the Eastern Mediterranean and Middle East...
03/07/2025

The new Data Acquisition Station will boost rapid access to satellite data for the Eastern Mediterranean and Middle East. Eratosthenes Centre of Excellence

A new satellite Earth observation antenna in Limassol boosts near real-time data for Cyprus and the Eastern Mediterranean, strengthening environmental and disaster response.

The Central Bank of Cyprus reveals diverging trends in apartment and house prices, with demand from foreign buyers drivi...
03/07/2025

The Central Bank of Cyprus reveals diverging trends in apartment and house prices, with demand from foreign buyers driving the market.

Cyprus Housing Price Index rose 4.8% in Q1 2025, as house prices accelerated and apartments slowed. Demand from foreign buyers also surged across all districts.

Due to severe understaffing, the Office of the Commissioner for the Protection of Children’s Rights is unable to respond...
03/07/2025

Due to severe understaffing, the Office of the Commissioner for the Protection of Children’s Rights is unable to respond promptly to the daily complaints it receives.

Cyprus Children’s Rights Commissioner warns of complaint delays due to severe understaffing, stressing efforts to reinforce staff and safeguard children’s rights.

Alpha Bank’s takeover reshapes Cyprus’s banking sector as Vourakis moves on to lead Aegean Baltic Bank.
03/07/2025

Alpha Bank’s takeover reshapes Cyprus’s banking sector as Vourakis moves on to lead Aegean Baltic Bank.

AstroBank CEO Aristidis Vourakis exits after Alpha Bank’s acquisition of AstroBank, a €200M deal reshaping Cyprus’s banking sector.

A highly controversial bill seeks to impose very strict conditions on organizing protests and parades — conditions that ...
03/07/2025

A highly controversial bill seeks to impose very strict conditions on organizing protests and parades — conditions that are hard to find in most EU member states.

A controversial Cyprus protest law faces fierce opposition over civil rights concerns, as parliament prepares for a decisive vote amid public outcry.

Even the most flawless finish needs a little love now and then. That’s why Cyprus’ most stylish walls turn to Farrow & B...
03/07/2025

Even the most flawless finish needs a little love now and then. That’s why Cyprus’ most stylish walls turn to Farrow & Ball, and trust Chakarian Colour Centre to keep them perfect. From expert tips to the full F&B range in stock, touch-ups have never been this easy.

Let’s be honest: there’s nothing more frustrating than stepping back from a freshly painted wall, only to notice a smudge, a scratch, or that one annoying patch that didn’t quite blend in. But before you panic or call for a total repaint, there’s good news—especially if you’re using Farr...

The Administrative Court accepted the appeals of Ioannis and Amalia Vardinogiannis.
03/07/2025

The Administrative Court accepted the appeals of Ioannis and Amalia Vardinogiannis.

The Cyprus Administrative Court annulled €6.4m fines imposed by the Cyprus Securities and Exchange Commission on the Vardinogiannis family for alleged insider trading.

In an era of fragmented audiences and global algorithms, Irene Hadjipavlou, the new Head of Media at Digital Tree, share...
03/07/2025

In an era of fragmented audiences and global algorithms, Irene Hadjipavlou, the new Head of Media at Digital Tree, shares with FastForward why local identity, authentic connection, and audience trust are vital for media to thrive — both online and offline 👇

Irene Hadjipavlou, newly appointed Head of Media at Digital Tree, steps into the role with a clear belief: connection matters more than reach. In her interview with FastForward, she lays out her approach to media leadership—one rooted in trust, relevance, and community.

AKEL overtakes DISY, while DIKO crashes to 5th Place.
03/07/2025

AKEL overtakes DISY, while DIKO crashes to 5th Place.

Cyprus politics faces upheaval as AKEL edges ahead, DIKO plummets, and ALMA surges, reshaping the parliamentary race less than a year before elections.

Cyprus establishes a national mechanism to screen foreign direct investments in sensitive sectors, empowering the Financ...
03/07/2025

Cyprus establishes a national mechanism to screen foreign direct investments in sensitive sectors, empowering the Finance Ministry to block or reverse deals.

Cyprus approves a national foreign investment screening mechanism to protect security and public order, granting the Finance Ministry powers to block risky investments.

In its latest statement, the Authority shared twelve key points about the ongoing investigation 👇
03/07/2025

In its latest statement, the Authority shared twelve key points about the ongoing investigation 👇

Cyprus’ Anti-Corruption Authority will release its “Mafia State” investigation findings by mid-autumn, warning that social media leaks on the report are false.

Cyprus unions denounce major flaws in the tax reform, citing unfairness, weak social dialogue, and neglect of renters an...
03/07/2025

Cyprus unions denounce major flaws in the tax reform, citing unfairness, weak social dialogue, and neglect of renters and low-income workers.

Unions expose serious gaps in Cyprus' tax reform plan, warning it neglects social fairness, renters, and the middle class while risking more inequality.

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