Cyprus Business News

Cyprus recorded an estimated annual inflation rate of 4 per cent in June 2026, up from 3.5 per cent in May, according to flash figures released on Tuesday by Eurostat, while inflation across ...

Cyprus’ turnover value index of retail trade saw an year-on-year increase of 9.8 per cent in May, according to a report from the state statistical service (Cystat). For the same month, ...

A total of 800 homes out of 1,200 approved properties have been incorporated into the mortgage to rent scheme, state-owned asset management company Kedipes said on Wednesday, as it continues processing applications. ...

The board of directors of ASBISc Enterprises Plc has announced the appointment of Jaan Kristian Teär as a non-executive director, with the decision taking effect from July 1, 2026. This leadership ...

The European Commission’s pledge to prevent shipping companies from being charged twice for the same emissions is a welcome step, but the industry now needs clear guidance on how ...

Demetra Holdings Plc held its twenty-sixth annual general meeting in Nicosia on June 30, where the company announced a significant return of capital to shareholders alongside a cautionary outlook for the ...

PwC Cyprus entered a new leadership chapter on Wednesday, with Andreas Yiasemides assuming the role of CEO for a four-year term, succeeding Philippos Soseilos after more than four years at ...

The 5th Digital Cyprus Conference 2026 was successfully held this week in Nicosia, bringing together senior business executives, government representatives, technology professionals and internationally renowned speakers.  Organised by the Cyprus Information ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that it recently presented its annual academic excellence award to the top-performing economics student at the University of Cyprus, continuing a long-standing ...

Eurobank says 96 per cent of transactions are now digital Eurobank this week presented its new Banking Forward strategy in Athens, outlining a €1 billion technology investment programme alongside a broad digital ...

Annabelle Hotel General Manager Razvan Bordea An interview with Annabelle Hotel General Manager Razvan Bordea 1. Annabelle has long been considered one of Cyprus’ most iconic hotels, beloved by generations of ...

The value of loans managed outside Cyprus’ banking system increased by €256 million during the first quarter of 2026, according to figures released this week by the Central Bank of Cyprus (CBC), ...

The Cyprus Statistical Service (Cystat) reported this week that the Index of Industrial Output Prices for May 2026 reached 125.7 units, marking a 3.0 per cent increase compared to April 2026. When measured against ...

Cyprus tourism showed signs of stabilisation in official figures for May and June, Deputy Minister of Tourism Kostas Koumis told parliament on Tuesday during a House Trade Committee session examining ...

Food prices in Cyprus are once again rising faster than wider inflation, adding fresh pressure to household purchasing power, according to a report by Trojan Economics, a Cyprus-based firm specialising ...

Logicom Public Ltd announced this week that it expects a marginal reduction in turnover for the first half of 2026 compared to the same period in 2025. The company attributed this decline ...

Agros Development Company Proodos Public Ltd announced this week that it expects a significant divergence in its financial performance for the first half of the year compared to the same ...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it has updated the trading status of several companies listed on the Emerging Companies Market following a review of their independent ...

The Cyprus shipping sector and its European maritime agenda were discussed on Tuesday during a meeting between the Shipping Deputy Minister Marina Hadjimanolis and representatives of Polsteam Shipping Company, according ...

Cyprus tourism shows signs of stabilisation after shocks Cyprus tourism showed signs of stabilisation in official figures for May and June, Deputy Minister of Tourism Kostas Koumis told parliament on ...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it has updated the trading status of several listed companies following an examination of their independent auditor reports for the financial ...

Cyprus’ current account deficit widened and its international investment position deteriorated during the first quarter of 2026, according to preliminary external sector data released on Tuesday by the Central Bank of ...

The Cyprus Employers and Industrialists Federation (Oev) on Tuesday welcomed the outcome of Cyprus’ six-month Presidency of the Council of the European Union, saying it not only enhanced the country’...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it will continue the suspension of trading for the shares of four public companies. This decision follows a directive from the ...