Cyprus Business News

Cyprus recorded a general government fiscal surplus of €552.9 million during the first five months of 2026, according to preliminary figures released by the Cyprus Statistical Service (Cystat) on Tuesday, with higher ...

AI is no longer simply a productivity tool, but is becoming one of the most important sources of operating leverage for companies that know how to use it, according to ...

The European Union will begin charging a fixed €3 customs duty on small parcels imported from outside the bloc from Wednesday, July 1, in a move aimed at curbing the surge in ...

Hotelier’s association Pasyxe will hold its annual general meeting in Nicosia on Tuesday, July 7, marking both the election of a new leadership and the association’s 90th anniversary. The ...

Eurobank announced on Monday that its board of directors decided to appoint John Arthur Hollows, an independent non-executive board member, as a new member of the audit committee. The appointment, ...

Global shipping will need almost 114,000 additional officers by 2030, as demand for qualified seafarers continues to outpace supply across the world merchant fleet, according to the new Seafarer Workforce Report 2026.  The ...

Cyprus used its six-month Presidency of the Council of the EU to push forward key European files on digital policy, artificial intelligence, research and innovation, Deputy Minister Nicodemos Damianou said, ...

EU ministers have adopted the bloc’s first Council conclusions dedicated specifically to housing, in what Cyprus described as a new step towards closer European cooperation on one of the ...

Cyprus lacks a coherent long term energy strategy despite growing pressures from costs, climate targets and geopolitics, according to energy expert and former chief of the Cyprus Energy Regulatory Authority (...

Greek lender Alpha Bank announced this week that shareholders will receive a cash dividend following the approval of the distribution by the bank’s annual general meeting held on June 26, 2026. ...

Cyprus recorded 63 occupations with labour shortages and 11 with labour surpluses in 2024, according to the EURES Labour Shortages and Surpluses Report 2025, which persistent gaps across the technology, tourism and healthcare sectors. ...

The Cyprus Chamber of Commerce and Industry (Keve) has issued a call for small and medium-sized enterprises (SMEs) to participate in a European Commission survey regarding occupational safety and health ...

Strong tourism performance of 2025 makes for difficult comparisons, says government Cyprus’ tourism revenue fell significantly in April 2026, when compared to the year before, according to figures released by the statistical ...

The Central Bank of Cyprus (CBC) announced on Monday that it has decided to maintain the countercyclical capital buffer rate at 1.5 per cent. The CBC determined that the current level ...

The European Union is moving to create a new financing framework that could channel public and private money into cleaner ships, smarter ports and maritime technology, as Brussels seeks to ...

Cyprus’ banking sector recorded higher deposits and stronger lending in May 2026, according to figures by the Central Bank of Cyprus (CBC) covering deposits and loans at monetary financial institutions. Total ...

Cyprus recorded 63 occupations with labour shortages and 11 with labour surpluses in 2024, according to the EURES Labour Shortages and Surpluses Report 2025, which persistent gaps across the technology, tourism and healthcare sectors. ...

Cyprus’ Industrial Production Index rose by 1.4 per cent in April 2026, reaching 113.4 units, according to figures released by the statistical service (Cystat). For the first four months of the year, the ...

Cyprus’ tourism revenue fell by 35.1 per cent year-on-year in April 2026, reaching €197.5 million, according to a report from the statistical service (Cystat).  This compares with €304.2m in April 2025, marking another weak ...

Invel Real Estate announced on Monday that it closed its Eudora Fund 2 at more than €400 million, surpassing its initial target of €300 million and signalling strong investor demand for its Southern ...

Eurobank announced on Monday that it successfully repurchased 2,977,805 of its own shares during the period between June 22, 2026, and June 26, 2026. These transactions were conducted on the Euronext Athens stock exchange as ...

By Stephania Constantinou Cyprus was the main theme of an event that took place at the National University of Singapore (NUS) on June 22, organised by the High Commissioner of Cyprus ...

The Bank of Cyprus Holdings Public Limited Company announced on Monday that its board of directors will meet on August 03, 2026, to review the financial results for the six months ended ...

Strengthening the competitiveness of the Cyprus flag and the wider maritime sector remains a key priority for the government, according to Shipping Deputy Minister Marina Hadjimanolis, during a time when ...