Cyprus Business News

By Dr Christodoulos Patsalides In the world of banking, long periods of profitability can dull the instinct to reassess risk. When financial institutions experience years of stable returns and upward-trending ...

Here are the top business stories in Cyprus from the week starting June 30: Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard ...

Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard security and public order while maintaining an open environment for investors. The Council ...

Bank workers’ union (Etyk) last week held a special event in honour of former Central Bank of Cyprus (CBC) governor Constantinos Herodotou. According to a statement released on Friday, the ...

Thirteen bounced cheques totalling €28,296 were registered in the preliminary list of the Central Information Register (CIR) in June, according to a report published on Friday by the Central Bank of ...

The Finance Ministry on Friday announced the scheduled delisting of Cyprus government treasury bills from the fourth issuance of 2025, which are set to mature on July 25, 2025. The treasury bills in ...

Freedom Holding Corp. on Friday announced that it has secured a notable vote of confidence from institutional investors, as its shares were added to the First Trust Financials AlphaDEX Fund (...

The Bank of Cyprus (BoC) on Friday announced a revision to its privacy statement, saying this part of its ongoing efforts to safeguard personal data and ensure full compliance with ...

The Cyprus House Price Index (HPI) climbed to 113.71 units in the first quarter of 2025, reflecting a 2 per cent increase compared with the same period in 2024, according to a preliminary estimate ...

Cyprus’ Industrial Turnover Index climbed to 137.2 units in April 2025, marking a 1.6 per cent increase compared with April 2024, according to data released on Friday by the Cyprus Statistical Service (Cystat). The ...

The Paphos regional tourism board (Etap) this week called for a revision of local bus timetables following the completion of its first free community excursion programme to the Akamas region, ...

Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard security and public order while maintaining an open environment for investors. The Council ...

State-owned asset management company (Kedipes) announced this week that it has officially terminated its interest subsidy scheme for performing credit facilities indexed to the European Central Bank’s main refinancing ...

The Transport Ministry on Friday announced the signing of a contract for dredging works at Larnaca marina. “We are pleased to announce the signing of the contract for the dredging ...

Dubai Silicon Oasis, part of the Dubai Integrated Economic Zones Authority (DIEZ), has partnered with The Doers Company to host the first Middle East edition of its Doers Summit, aiming ...

The hotel industry is bracing for fresh tensions as unions and employers clash over alleged breaches of the collective agreement signed in December 2024. According to a report in Philenews, the ...

Greece’s power grid operator on Thursday pushed back against mounting criticism over its demand that Cyprus cover part of the costs for the undersea electricity interconnection project linking Cyprus, ...

The Thalia 2021–2027 Cohesion Policy Programme is currently Cyprus’ most ambitious effort to support small and medium-sized enterprises (SMEs), with a total budget of €1.8 billion, including €969 million from the European Union ...

Cyprus recorded €75.7 million in high-value property transactions in May 2025, showing a strong rebound from April, with Nicosia leading the market, according to real estate analytics firm Ask Wire. Land Registry ...

The Cyprus–Greece Business Association and the Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced that they hosted a farewell lunch in honour of outgoing Greek ambassador Ioannis ...

The number of registered unemployed persons in Cyprus stood at 9,153 at the end of June 2025, data from the Cyprus Statistical Service (Cystat) showed on Thursday. On a seasonally adjusted basis, ...

Nicosia’s city centre will be transformed into a vibrant hub of innovation and culture on September 25–26, as INSPIRE 2025 brings together more than 85 distinguished speakers, immersive masterclasses, and live entertainment. ...

Consumer prices in Cyprus fell by 0.4 per cent in June 2025, when compared to the same month last year, according to data released by the state statistical service on Thursday. The ...

Greece’s power grid operator on Thursday pushed back against mounting criticism over its demand that Cyprus cover part of the costs for the undersea electricity interconnection project linking Cyprus, ...