Cyprus Business News

Cyprus recorded a trade deficit of €3.26 billion in the first five months of 2025, slightly up from €3.18 billion in the same period of 2024, according to figures released on Thursday by the ...

Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement released on Thursday. The visit aimed to “reinforce Cyprus’ role as ...

Parliament on Thursday began debating legislation to screen foreign direct investments in strategic sectors, aligning Cyprus with EU rules designed to safeguard security and public order.  The bill, approved by ...

The board of directors of Mall of Cyprus approved an interim dividend of €13.5 million, following a review of the company’s financial position based on the provisional 2025 accounts. According to ...

Cytacom Solutions Ltd, a subsidiary of Cyta, on Thursday announced that it recently signed the renewal of its collective labour agreements for the 2025–2027 period. These agreements, the company said, cover ...

Invest Cyprus chairman Evgenios Evgeniou addressed foreign investors at the 13th Invest Cyprus International Investment Awards in Nicosia on Wednesday, reaffirming the organisation’s commitment to working with the international ...

The National Bank of Greece on Thursday announced the launch of its 16th Innovation and Technology Competition as part of its NBG Business Seeds programme. “This initiative is the longest-running ...

Deputy Shipping Minister Marina Hadjimanolis,paid a working visit to London this week, aiming to strengthen bilateral ties with the United Kingdom. The trip also sought to promote Cyprus’ bid ...

NYSE-listed Safe Bulkers and its CEO, Polys Hajioannou, have announced the company’s 5th annual scholarship programme for the academic year 2025-2026, as part of its Environmental and Social Governance (...

Artificial intelligence (AI) is rapidly transforming financial markets by bringing “speed and innovation” to the sector, according to Eliza Stasopoulou, senior officer at the Cyprus Stock Exchange. However, Stasopoulou also ...

The Cyprus association of care home owners on Tuesday expressed “strong dissatisfaction” over the way House labour committee discussed living conditions in private and state care homes for people with ...

The Cyprus Financial Literacy and Education Committee (CyFLEC) reviewed the progress of Cyprus’ national strategy for financial literacy on Wednesday during its fifth meeting of the board of directors. According ...

The Electricity Market Association (EMA) on Wednesday expressed concern over two critical energy projects that directly affect Cyprus’ energy future. These include the Vasilikos liquefied natural gas (LNG) terminal and ...

Cyprus’ innovation ecosystem gathered momentum this week as ‘The Bash 2025’ brought together 185 participants for the country’s flagship startup and networking event. Now in its fifth year, the gathering has ...

The House will vote on three bills during a plenary session on Thursday, that include, among other provisions, the establishment of a national sanctions implementation unit. Some of the bills ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that it is holding monetary amounts on behalf of individuals who were shareholders in listed companies that were subject to public takeover ...

The Cyprus Stock Exchange (CSE) on Wednesday announced the suspension of trading for the thirteen-week Treasury Bills of the Republic of Cyprus, under the code TB13D25. According to the ...

Cyprus’ trade sector recorded positive growth in 2023, according to the state statistical service’s wholesale and retail trade survey, the results of which were released on Wednesday. Turnover and employment ...

The Cyprus association of care home owners on Wednesday expressed “strong dissatisfaction” over the way House labour committee discussed living conditions in private and state care homes for people with ...

Maritime technology company Tototheo Global on Wednesday announced the expansion of its long-standing partnership with global connectivity provider SES through a new four-year agreement. According to the announcement, the new ...

Finance Minister Makis Keravnos reaffirmed Cyprus’ support for adopting the digital euro this week, during an EU economic and financial affairs council meeting (Ecofin) in Brussels. At the meeting, the ...

Beer exports from factories in Cyprus fell by 24.2 per cent in June 2025 compared to the same month last year, according to data from the Statistical Service (Cystat) this week. Exports ...

Cyprus recorded one of the fastest growth rates for ICT employment in the European Union over the past decade, with the number of ICT specialists rising by an average of 9.2 ...

Cyprus is stepping up its air connectivity this summer, with Larnaca and Paphos airports offering an expanded network of destinations across Europe and the Middle East. The move, driven by ...