Banking and Finance

A renewed deterioration in the business climate within the services sector contributed to a further decline in economic sentiment in Cyprus in May, with the Economic Sentiment Indicator (ESI-CypERC) dropping ...

The 1st Annual General Meeting (AGM) of C.M.C.L. – Cyprus Marine Club Limited –in Limassol, marking its shift to a company limited by guarantee and electing a new ...

Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a turning point in efforts to cut red tape, attract investment and support entrepreneurship. ...

Cyprus’ housing market continued to cool in the fourth quarter of 2024, with Paphos recording the strongest price growth while Nicosia posted the weakest performance, a marginal annual decline, according to ...

Cyprus deepened its maritime ties with Finland during a working visit to Helsinki by Deputy Minister of Shipping Marina Hadjimanolis, who joined the Cyprus Maritime Commission as part of the ...

Limassol will host the European Maritime Day (EMD) on May 21 and 22, 2026, as Cyprus takes the helm of the EU presidency, welcoming the continent’s maritime community to the island’s ...

The Cyprus Chamber of Commerce and Industry (Keve) has welcomed the launch of the new Business Support Center, describing it as a long-standing demand finally addressed, and a much-needed tool ...

The Cyprus Property Development Association has urged authorities to accelerate the issuance of building permits in cases involving the transfer of building coefficient from listed properties, citing delays of over ...

Cyprus’ future workforce received a crash course in employment rights and responsibilities this week as part of the Junior Achievement Cyprus (JA Cyprus) initiative, with a clear message that undeclared ...

Tourists in Cyprus are turning in growing numbers to short-term rentals, with the number of registered properties swelling sixfold in under three years, prompting authorities to push for tighter regulation, ...

Cyprus is expected to be among the few Eurozone countries to reach the European Central Bank’s 2 per cent inflation target by 2025–2026, as inflation across the bloc continues to ease ...

Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a turning point in efforts to cut red tape, attract investment and support entrepreneurship. ...

Here are the top business stories in Cyprus from the week starting May 19: Each year, the International Day for Women in Maritime Affairs promises celebration, but behind the speeches and ...

The Cyprus Stock Exchange (CSE) on Friday ratified the suspension of trading in the shares of Hellenic Bank Public Company Ltd, following a recent meeting of the CSE Council. The ...

The Bank of Cyprus on Friday has announced that it repurchased a total of 339,586 of its ordinary shares between May 16, 2025, and May 22, 2025. The shares, each with a nominal value of €0.10, ...

Hellenic Bank on Friday announced that it reaffirmed its commitment to Cyprus’ green transition during the second Green Agenda Cyprus Summit. According to the announcement, the bank supported the event ...

Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday used his address at the 4th ICPAC Mediterranean Finance Summit to underline the importance of resilience in the face of ...

The Cyprus Stock Exchange (CSE) on Thursday announced the listing of 317,817 additional ordinary shares of Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the ...

Cyprus and Finland pledged to deepen maritime cooperation during a bilateral forum in Helsinki on Tuesday, just ahead of the working visit of Cyprus President Nikos Christodoulides to Finland, which ...

A significant decline of 24 per cent was recorded in the number of building permits issued in Cyprus in January 2025, when compared to the same month in 2024, according to data released ...

Household saving rates across the European Union are projected to stabilise in 2025 after recent volatility driven by economic uncertainty, according to the European Commission’s Spring 2025 Economic Forecast. The forecast ...

Founder and CEO of Freedom Holding Corp. Timur Turlov described Cyprus as the company’s “European gateway to global markets” during his address at the Sixth New York – Eastern Mediterranean ...

President Nikos Christodoulides on Tuesday welcomed the European Commission’s latest economic forecast, describing it as a “clear endorsement of Cyprus’ resilience, stability and prudent policymaking”. Speaking during the opening ...