Cyprus Business News

Eurobank on Friday reported an adjusted net profit of €351 million for the first quarter of 2026, with the bank citing strong lending activity, resilient operating performance and continued growth across its ...

Young students from across Europe were recognised in Cyprus this week, as the winners of the European School Competition on the Ship of the Future were announced during the Informal ...

Cyprus’ maritime education sector turned its attention to artificial intelligence this week, as students, educators and industry representatives gathered for the annual Competition Award Ceremony of the Programme of Studies ...

ASBISc Enterprises Plc has reported a record net profit of $36.3 million and revenue of $1.27 billion in Q1 2026, significantly outpacing the broader eurozone ICT distribution trend as demand for AI infrastructure ...

Cyprus recorded a monthly increase in retail trade volume in March 2026, according to Eurostat, outperforming the euro area, where retail sales declined during the same period. According to the statistical ...

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures ...

The Cyprus Stock Exchange (CSE) has announced market status changes across listed companies after multiple issuers failed to submit and publish their annual financial reports for the year ended December 31, 2025, ...

PwC Cyprus announced this week that it supported the Junior Achievement Cyprus Company Programme for the 12th consecutive year, continuing its investment in the development of young entrepreneurs and financial ...

KEO plc issued an official announcement on Thursday informing the investment community that its annual general meeting has been rescheduled following a specific board of directors decision. The company stated ...

Chief Scientist Demetris Skourides on Thursday said that Cyprus already has the foundations to become a strong regional innovation hub. Addressing participants at a forum in Limassol, he stated that ...

The Limassol regional tourism board (Etap Limassol) held a working meeting Wednesday with a number of hotel directors, Limassol hoteliers association president Christos Tsanos, and Limassol mayor Yannis Armeftis. The ...

Total beer deliveries in Cyprus fell by 8.9 per cent during April, compared to the same month last year, according to a report from the Cyprus Statistical Service (Cystat). Specifically, the ...

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures ...

Eurobank announced on Thursday that it had entered into a definitive agreement to acquire an additional 80 per cent stake in Eurolife Life Insurance, strengthening its position in the insurance sector. ...

Cyprus’ inflation rate rose to 2.8 per cent in April 2026, according to figures released by the Cyprus Statistical Service (Cystat), with petroleum products and transport costs recording the sharpest increases. The ...

Two leading Cyprus-based scientists have received major recognition in artificial intelligence and cancer research, in developments highlighted by venture capital firm 33East as evidence of the country’s growing support ...

Eurobank has announced that it has financed the development of the new UNIC Athens campus, a project exceeding €65 million that marks a major international investment for Cypriot higher education and ...

TechIsland and Women in Tech Cyprus will host a full-day “STEM for All” programme at The Doers Summit 2026 in Limassol on May 21, bringing together technology leaders, policymakers and industry representatives ...

The American Chamber of Commerce in Cyprus (AmCham) this week hosted Central Bank of Cyprus (CBC) governor Christodoulos Patsalides at its latest Breakfast Series event, while also organising a farewell ...

Shipping Deputy Minister Marina Hadjimanolis departed Cyprus on Thursday for a working visit to Chios and Brussels, where she is scheduled to participate in major maritime events linked to the ...

TUS Airways on Thursday announced the arrival of a new Airbus A320 aircraft at Larnaca International Airport, further expanding the carrier’s fleet as part of its broader growth strategy ...

Cyprus has emerged as an outlier in euro area financial networks, according to a European Central Bank (ECB) working paper analysing sectoral interconnectedness across member states. The study, authored by ...

A Cyprus-based research-to-market team developing an advanced medical imaging system has outlined its progress and commercial ambitions in an exclusive interview with the Cyprus Mail. The project, known as the ...

Cyprus recorded one of the lowest shares of employment in multinational enterprise groups in 2024, highlighting its position within the broader European business landscape. According to figures from Eurostat, multinational enterprise ...