Cyprus petroleum sales rise 4.7 per cent in October
The total sales of petroleum products in Cyprus rose by 4.7 per cent in October 2025 compared with the same month a year earlier, the state statistical service (Cystat) said on Thursday.
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Cyprus lags as EU ports record 412 million passengers
Cyprus handled 9,000 maritime passengers in 2024, one of the lowest totals in the EU and far below pre-pandemic levels, according to Eurostat.
Traffic had reached 53,000 passengers in 2019, then fell to 5,000 in 2020 ...
Eurobank reaffirms its stable strategic partnership with Cyprus tourism
Eurobank reaffirmed its long-standing role as a strategic partner of Cyprus’ tourism sector at the Association of Cyprus Tourist Enterprises (Stek) annual tourism conference 2025, which focused on ‘Sustainable Tourism: The ...
Cyprus tax reform ‘needs fixing’, Selk says, warning of double-tax risks
The Cyprus Institute of Certified Public Accountants (Selk) has raised a series of concerns over the government’s six-bill tax reform package, submitting detailed notes to the House finance committee ...
Old tourism model “no longer viable”, Vavlitis says
Cyprus must reposition itself internationally by embracing sustainable tourism as a “one-way street” for the island’s future, according to the president of the Association of Cyprus Tourist Enterprises (Stek) ...
Keravnos thanks China for support on Cyprus issue as ambassador completes term
Finance Minister Makis Keravnos thanked China for its consistent support for the sovereignty, independence and territorial integrity of Cyprus during a farewell ceremony this week for Chinese Ambassador Liu Yantao.
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Cyprus’ loan criteria and terms steady in Q3 as banks expect unchanged supply but stronger demand
Cyprus’ banks kept their lending criteria unchanged in the third quarter of 2025, with both businesses and households facing the same terms and conditions as in the previous quarter, according to ...
Keravnos meets Olaf deputy chief as Cyprus prepares anti-fraud agenda for EU presidency
Cyprus stepped up preparations for its EU Council Presidency as Finance Minister Makis Keravnos met this week with Salla Saastamoinen, deputy director-general of the European anti-fraud office (Olaf), to review ...
Cyprus Business Now: STEM, IMO, housing, Fourlis, Demetra, unemployment
The 2nd Women in STEM Cyprus Summit, titled Voices of Change, was successfully held with the backing of Cyprus President Nikos Christodoulides.
With more than 300 participants, the event was co-organised ...
Cyprus and UK roll out first EU training platform for tourism security
Cyprus and the United Kingdom have unveiled what they described as Europe’s first online platform to train tourism-sector staff in recognising and reporting potential terrorist threats, as well as ...
Cyprus unemployment rate falls to 4.1 per cent in third quarter
Unemployment in Cyprus stood at 4.1 per cent in the third quarter of 2025, easing from 4.5 per cent a year earlier, according to a report published by the statistical service (Cystat) on ...
Cyprus Interior Minister travels to Stockholm for talks on housing and civil defence
Interior Minister Constantinos Ioannou will travel to Stockholm on November 27 for meetings with Sweden’s political leadership on housing policy and civil protection, ahead of Cyprus taking over the EU ...
Cyprus sets out its vision for cooperation and resilience at the IMO’s 34th general assembly
Cyprus reaffirmed its longstanding commitment to the IMO’s mission as Shipping Deputy Minister Marina Hadjimanolis addressed the Plenary of the 34th General Assembly of the International Maritime Organisation (IMO) ...
Demetra posts €13.7m nine-month profit as stock-exchange gains and higher interest income lift results
Demetra Holdings Plc reported a profit of €13.7 million for the first nine months of 2025, compared with €42.4 million in the same period of 2024, as gains from the Cyprus Stock Exchange (CSE) ...
Cyprus and Greece set out joint priorities at IMO Assembly in London
Cyprus and Greece presented a united front at the International Maritime Organisation’s (IMO) 34th General Assembly in London, as both countries set out their vision for a stable, fair ...
Fourlis lifts revenue to €430.7m as IKEA and Intersport drive nine-month growth
Fourlis Group reported stronger sales and profitability for the first nine months of 2025, as continued expansion of its IKEA, Intersport and Foot Locker networks supported performance across Greece, Cyprus and ...
ICPAC and Cyprus Compliance Association sign MoU to boost governance and compliance standards
The Cyprus Institute of Certified Public Accountants (ICPAC) and the Cyprus Compliance Association (CCA) have signed a Memorandum of Understanding (MoU) aimed at strengthening corporate governance, transparency and compliance practices ...
Women in STEM Cyprus Summit ‘Voices of Change’ brings together over 300 participants
The 2nd Women in STEM Cyprus Summit, titled Voices of Change, was successfully held with the backing of Cyprus President Nikos Christodoulides.
With more than 300 participants, the event was co-organised ...
Cyprus Business Now: finance ministry, companies, Eurobank, RIF, ECOMMBX, gaming
Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025.
The document groups ...
Cyprus wins EU’s Best Global Climb Award for startup ecosystem
Cyprus has been recognised with the Best Global Climb Award Among EU Countries in the 3rd Edition of the StartupBlink Startup Ecosystem Awards, according to an announcement by StartupBlink, the ...
Eurobank discusses investment strategies in pension planning
The 16th Pension Forum in Nicosia examined the critical issues facing Cyprus’ pension system and the new perspectives emerging in a rapidly changing environment, according to the event overview. The ...
Proposal sets company review level at €400,000
Cyprus’ parliamentary commerce committee is moving towards lowering the turnover threshold for companies eligible for a simple review of financial statements to €400,000, narrowing down the €900,000 level initially proposed by Disy.
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From Cyprus to Europe, ECOMMBX leads the landscape of Electronic Money Institutions
Cyprus is attracting a growing wave of fintech activity as firms take advantage of its EU-regulated framework and strategic location. Among them is ECOMMBX, a licensed Electronic Money Institution (EMI) ...
Finance Ministry sets out priorities and challenges in 2026 budget
Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025.
The document groups ...