Cyprus Business News

The Cyprus economy continued to demonstrate resilience in March despite a more challenging external environment shaped by regional instability, according to Kostantino Vrachimis, manager of economic research at Eurobank. In ...

Greek retail chain Jumbo’s sales at its Cyprus stores rose by 4 per cent in both March and the first quarter of 2026, even as the group warned that prolonged instability ...

The Cyprus International Businesses Association (CIBA) and Invest Cyprus (CIPA) have signed a memorandum of understanding aimed at strengthening Cyprus’ position as an international business and investment centre, according to ...

Retail trade volumes in February 2026 showed a mixed picture across Europe, with Eurostat reporting a monthly decline in both the euro area and the EU, while Cyprus recorded a robust ...

Digital banking in Cyprus appears to have evolved from an optional service into a fundamental tool for everyday management of citizens’ finances. This is reflected in the Bank of Cyprus’ ...

The American Chamber of Commerce in Cyprus (AmCham) has announced its support for the UCLan Cyprus Alumni Global Skills Training and Networking Series 2025-2026, an initiative delivered with the backing ...

Cyprus is entering a phase of full energy transition, with the government prioritising independence from imported fossil fuels as the “only realistic option” for economic stability, Energy Minister Michalis Damianos ...

Vassilico Cement Works Public Company Ltd has announced that its board of directors meeting will take place on April 23, 2026 to examine key matters including the company’s annual financial results ...

The board of directors of ASBISc Enterprises PLC has announced the convening of its upcoming annual general shareholders meeting, due to take place on May 6, 2026 at 11:00 am CET at the ...

Constantinou Bros Hotels Public Company Ltd has announced that its board of directors meeting has been scheduled for April 29, 2026. The company, headquartered in Paphos, communicated the decision through a formal ...

The Bank of Cyprus on Wednesday announced that its board of directors has approved the annual financial report for the year ended December 31, 2025, confirming strong profitability, lending growth and capital ...

Cyprus is entering a phase of full energy transition, with the government prioritising independence from imported fossil fuels as the “only realistic option” for economic stability, Energy Minister Michalis Damianos ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Wednesday that it has extended the start date of the management prohibition on Otkritie Broker Ltd’s sole director Igor Gutinskiy, ...

President Nikos Christodoulides on Wednesday addressed key challenges in the energy sector, the utilisation of natural gas, and international efforts to promote Cyprus as an investment destination during a roundtable ...

Cyprus is preparing to accelerate its startup ecosystem with the launch of the Plug and Play accelerator programme, a three-year initiative designed to support early-stage companies, connect them with global ...

Demetra Holdings Plc announced on Wednesday that it proceeded with a buyback of of its own shares through the Cyprus Stock Exchange (CSE) during a trading session held the previous ...

Paphos shopkeepers reported subdued Easter trading, saying that festive decorations and seasonal displays were not enough to lift footfall in the city’s upgraded shopping centre. Speaking to the Cyprus ...

Limassol’s historic shopping centre saw weaker footfall over Easter, with traders blaming poor consumer sentiment, lower tourist arrivals linked to the war in the region, and unseasonably cold, rainy ...

Cyprus has intensified its international tourism outreach as Deputy Tourism Minister Kostas Koumis held a series of high-level contacts in key tourism markets abroad, including a working visit to the ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) celebrated its 65th anniversary this week by highlighting its enduring contribution to the accounting profession and the economic development of the ...

Cyprus recorded a general government surplus of €594.3 million between January and February of this year, representing 1.5 per cent of the country’s GDP, according to the state statistical service (Cystat). ...

Minister flags rising energy costs and tourism risks from Iran war Finance Minister Makis Keravnos on Wednesday outlined the government’s economic strategy amid global instability, reflecting on three years ...

The Labour Ministry has announced that self-employed workers in Cyprus have been granted access to subsidised training programmes offered by the Human Resource Development Authority (Anad). This access is provided ...

European Commissioner for Fisheries and Oceans Costas Kadis used the climate conference in Nicosia on Wednesday to warn that the climate crisis is also “an ocean crisis”. Kadis warned that “...