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Cyprus Ports Authority Secures Prestigious ISO 9001:2015 Certification

The Cyprus Ports Authority (CPA) has achieved a significant milestone, successfully obtaining certification for its Ports Regulatory Affairs Management Department under the internationally recognized CYS EN ISO 9001:2015 standard. This commendation, granted by the Cyprus Certification Company (CCC) and validated by the International Certification Network (IQNET), underscores the authority’s global credibility and dedication to excellence.

Commitment To Quality And Transparency

The certification reaffirms the CPA’s unwavering commitment to quality, transparency, and continuous improvement. With a transparent framework that ensures adherence to international best practices, the CPA is setting a benchmark in port operations, safety standards, and regulatory compliance.

Strengthening Regulatory Leadership

As the principal regulatory and supervisory body within the port sector in Cyprus, the CPA leverages this achievement to reinforce its mission: ensuring that port activities are executed with the highest degree of professionalism and in strict alignment with global standards. This certification serves as tangible evidence of the organization’s enhanced operational integrity and dedication to the maritime community.

Investing In Continuous Improvement

Looking forward, the CPA remains committed to upgrading its regulatory tools and quality assurance practices. By investing strategically in these areas, the authority is poised to further fortify the trust of its partners while effectively meeting the evolving expectations of both professionals and society in the maritime sector.

ISO 9001:2015 Standard: A Global Benchmark

ISO 9001:2015 is the most widely adopted framework for Quality Management Systems (QMS) worldwide. Emphasizing risk-based thinking, leadership, and the continuous cycle of improvement through the Plan–Do–Check–Act model, this standard has set the foundation for over a million certified organizations globally. Certification, which follows an independent audit by an accredited body such as the CCC, is typically valid for three years, with mandatory annual surveillance audits to ensure ongoing compliance.

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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