Cyprus Business News

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou has outlined plans to develop Cyprus into a centre for video game creation and investment, saying the ambition is to ...

Foreign buyers continued to underpin demand in Cyprus’ property market during the first nine months of 2026, with transactions involving European Union citizens recording particularly strong growth, according to figures released ...

Cyprus was among just five European Union member states to record a decline in the value of agricultural output in 2025, with production falling by 1.8 per cent despite an overall increase ...

Globalwealth Group Plc announced on Thursday that it had agreed to acquire the entire issued share capital of Cyprus-based Nederlia Limited, marking its entry into the healthcare sector through an ...

Cyprus wants to become a place where maritime technology is developed, tested and put to work, rather than simply following developments elsewhere, Shipping Deputy Minister Marina Hadjimanolis said this week, ...

Eurobank highlighted the importance of occupational pension funds in strengthening Cyprus’ retirement system during the 17th Pension Forum, which examined the challenges facing pension provision and the need for sustainable ...

PwC Cyprus and the University of Cyprus have signed a Memorandum of Understanding (MoU), strengthening their collaboration and bringing academia and the business community closer together. The signing took place ...

Plug and Play Cyprus brought together government officials, investors, universities, technology companies and entrepreneurs in Limassol on Wednesday, as the innovation platform celebrated the completion of its first startup acceleration ...

Cyprus is among 44 countries where OpenAI is increasing its ChatGPT Ads presence through an exclusive reseller partnership with Aleph, giving brands and agencies access to local advertising support, payments and ...

Every worker in Cyprus should be able to retire with two sources of income, combining their state pension with an occupational retirement scheme, Labour Minister Marinos Mousiouttas said this week, ...

Cyprus is pushing for a place in the next phase of the India-Middle East–Europe Economic Corridor (IMEC), as Shipping Deputy Minister Marina Hadjimanolis prepares to lead a maritime business ...

Delays in issuing development permits are holding back efforts to bring more affordable homes onto the Cyprus property market, according to concerns raised during a meeting between the Cyprus Property ...

Anthi Theocharous has taken over as president of the Limassol Chamber of Commerce and Industry (Evel) for the 2026–2029 term, succeeding Andreas Tsouloftas after six years at the helm of the ...

For years, housing policy in Cyprus and Greece focused on homeownership, through subsidies for first-time buyers, favourable loans and tax relief. More recently, however, housing policy has begun to shift ...

Central banks must look past headline inflation and examine how energy shocks and artificial intelligence are reshaping economic activity, financing conditions and financial stability, Central Bank of Cyprus governor Christodoulos ...

Eight workplace initiatives covering everything from employee relocation and corporate culture to career development and workplace wellbeing have been shortlisted for the Island People Excellence Awards 2026, with the winners to ...

Demetra Holdings Plc purchased 3,430 of its own shares at €1.315 each on November 10, 2026, the company announced on Wednesday in a disclosure to investors. The purchases were carried out through the Cyprus ...

The final plan strengthens safeguards and clarifies responsibilities, but extends a key deadline and leaves major implementation costs to a future Action Plan. Cyprus has approved its National AI Strategy 2032, ...

Cyprus banks continued to offer lower interest rates on deposits than their eurozone counterparts in September 2026, while charging less for housing loans and most business lending, according to detailed figures ...

The Cyprus Real Estate Agents Association (Skek) has called on the government and parliament to urgently reform the legal framework governing the property sector, warning that longstanding regulatory problems continue ...

Louis plc shareholders on Wednesday approved a €100.3 million debt restructuring and refinancing transaction involving the group and several related parties, while also endorsing the company’s 2025 annual report and re-electing ...

Eurobank is preparing to introduce a new financing tool for Cyprus’ agricultural sector in the first quarter of 2027, aiming to help farmers and livestock producers fund investments approved for support ...

Nearly four-fifths of foreign direct investment in Cyprus originated from countries outside the European Union in 2025, the highest proportion among the 14 EU member states reporting figures to Eurostat. The share ...

Cyprus sees improvement in financial security and homicide rate Nearly one in three people in Cyprus were unable to cope with unexpected financial expenses in 2025, although the proportion has fallen ...