Cyprus Business News

Civil servants who declare they are working from home but are found in coffeeshops or other locations will face disciplinary action under a bill extending remote work in the public ...

Deputy Shipping Minister Marina Hadjimanolis on Monday said that the welfare of seafarers is at the top of the ministry’s priorities. She explained that during the Cypriot Presidency of ...

Cyprus-headquartered ASBISc Enterprises Plc, commonly referred to as as Asbis, this week reported that estimated consolidated revenues for August 2025 reached approximately $316 million. This represents an increase of approximately 36 per cent ...

Freedom24, the European subsidiary of global financial services group Freedom Holding Corp., on Monday announced that it recently opened its second flagship office in Limassol. The new building, Freedom Tower ...

The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Monday announced changes to the composition of their board committees. Firstly, the new composition ...

Deputy Shipping Minister Marina Hadjimanolis on Monday said that the welfare of seafarers is at the top of the ministry’s priorities. She explained that during the Cypriot Presidency of ...

Limassol Mayor Yiannis Armeftis has outlined a wide-ranging plan to modernise the city centre and coastal front, setting out proposals to Interior Minister Constantinos Ioannou for projects aimed at reshaping ...

Cyprus’ shipping community is mourning the death of Doros Ieropoulos, former president of the Cyprus Shipping Association (CSA) and board member of the Cyprus Ports Authority (CPA), who passed away ...

Larnaca mayor Andreas Vyras has said that projects worth around €30 million are either under way or set to begin soon in the fast-growing municipal districts of Livadia and Oroklini. Speaking ...

The Bank employees’ union Etyk Welfare Fund (TEtyk) is moving ahead with the construction of four apartment buildings in the Platy area of Aglandjia in Nicosia, offering members priority access ...

The government will continue to back the Larnaca local district organisation (EOA) as it seeks to become a modern and efficient body serving residents’ needs, Interior Minister Constantinos Ioannou said ...

Eurobank Holdings on Monday announced the acquisition of 2,712,383 of its own shares between September 15 and September 19 at an average acquisition price of €3.24 per share, for a total cost of €8.78 million. ...

Demetra Holdings Plc on Monday repurchased 5,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO), according to a company announcement. The transaction took place during the ...

The Cyprus Institute of Neurology & Genetics (CING) is coordinating a new European Erasmus+ project aimed at promoting gender equality in studies and careers related to Information and Communication Technologies (...

Here are the top business stories in Cyprus from the week starting September 15: Deputy Minister of Tourism Kostas Koumis this week met with Athina Spakouri, Head of the Greek National ...

Daily wrap-up of business & economy stories from the day before The Finance Ministry, the Cyprus Stock Exchange (CSE) and its employee unions signed an agreement on Friday to transfer ...

The Cyprus Chamber of Commerce and Industry (Keve) announced this week the launch of the first incubation cycle of Space BIC, a specialised initiative run by the Eratosthenes Centre of ...

Artificial intelligence and automation are transforming Europe’s banking sector, reshaping employee roles, working models and skills requirements, Jens Tau, chairman of the Banking Committee for European Social Affairs (BCESA) ...

Net demand for loans rose in the second quarter of 2025, driven by both businesses and households, according to the Central Bank of Cyprus’ (CBC) bank lending survey. In addition, the ...

The Finance Ministry, the Cyprus Stock Exchange (CSE) and its employee unions signed an agreement on Friday to transfer staff to the public service. The agreement was formalised in the ...

This month is shaping up to be the strongest September for tourist arrivals in Cyprus in recent memory, according to Victor Mantovani, honorary president of the Association of Cyprus Travel ...

Cyprus is stepping up efforts to deepen economic and innovation ties with India, presenting itself as a reliable business partner and gateway to Europe, Deputy Minister of Research, Innovation and ...

Louis plc has announced that its board of directors will meet on September 25 in order to review the company’s financial results for the half-year that ended on June 30, 2025. The ...

Demetra Holdings Plc on Friday announced the repurchase of 5,750 of its own shares at a price of 1.685 cents each on September 18, 2025. The company provided a detailed breakdown of the repurchase, ...