Cyprus Business News

Here are the top business stories in Cyprus from the week starting October 13: Cyprus’ property market is calmer this year, with foreign demand still providing momentum even as higher borrowing ...

The Research and Innovation Foundation (RIF) on Friday announced the signing of a strategic memorandum of understanding (MoU) with Tenstorrent, a firm specialising in AI hardware and open computing solutions. “...

The Cyprus Securities and Exchange Commission (CySEC) has released a trio of announcements detailing the withdrawal of a Cyprus Investment Firm (CIF) licence and the initiation of liquidation procedures for ...

The Research and Innovation Foundation (RIF) on Friday announced the signing of a strategic memorandum of understanding (MoU) with Tenstorrent, a firm specialising in AI hardware and open computing solutions. “...

Cyprus has emerged as the European Union (EU) leader for tourism growth in 2024, registering the highest year-on-year growth in overnight stays among all member states, according to Eurostat. The EU’...

The Central Bank of Cyprus (CBC) on Friday reported that the overall increase in house prices continued during the second quarter of 2025, driven largely by accelerated demand for apartments. The ...

Global mergers and acquisitions in 2025 tell a story of contrasts, with fewer deals being struck but total values soaring, reflecting a market driven by concentration rather than volume, according to ...

The Consumer Price Index (CPI) in Cyprus remained unchanged in September 2025 compared with September 2024, according to data released on Friday by the state statistical service. On a monthly basis, the ...

Astrobank Public Company Ltd has reduced its stake in Atlantic Insurance Company Public Ltd from 5.23 per cent to 4.85 per cent, according to a relevant announcement.  Atlantic Insurance announced that it ...

Cyprus registered the lowest inflation rate in the European Union in September 2025, with annual consumer prices remaining unchanged at 0.0 per cent, according to the latest figures released by Eurostat on ...

Demetra Holdings Plc on Friday announced that it has carried out a buyback of 7,300 own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO). According to a disclosure submitted ...

Ancoria Bank has announced a new interest rate of 1.50 per cent per annum for six-month Fixed Term Deposit Accounts, available to individuals and small to medium-sized enterprises (SMEs). The offer ...

A coalition of Cypriot organisations, researchers, and citizens has addressed an open letter to key government officials, calling on the Republic of Cyprus to withdraw its support for the proposed ...

Tourist arrivals in Cyprus increased by 12 per cent in September 2025, reaching 570,635 visitors compared with 509,463 in the same month last year, according to a report released on Friday by the Cyprus ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday reported that the number of Management Companies and Undertakings of Collective Investments (UCIs) reached 319 during the second quarter of 2025. At the ...

The Central Bank of Cyprus (CBC) released an updated report on the country’s non-performing loans (NPLs), showing that a further decline in the NPL ratio was recorded in July. ...

President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development strategy, and upcoming ...

Top App Games, a Cyprus-based company specialising in mobile game development, has announced a special in-game collaboration between its popular strategy title, Ludus: Merge Arena and MMA fighter Alexander Volkov. ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced a further extension to its decision to prohibit Igor Gutinskiy, the sole director of the Cyprus Investment Firm (CIF) Otkritie ...

Cyprus participated in the ANUGA 2025 international food and drink exhibition, held in Cologne, Germany, from October 4 to October 8, 2025, with a national pavilion featuring more than 30 Cypriot businesses. The state participation ...

President of HOTREC and the Hellenic Chamber of Hotels Alexandros Vassilikos has emphasised the importance of adapting to modern trends while preserving authenticity. Speaking to the Cyprus News Agency (CNA) ...

Cyprus hoteliers association (Pasyxe) president on Friday Thanos Michaelides described the 91st HOTREC general assembly in Paphos, which the association is hosting, as a crucial forum. HOTREC is a forum “...

Cyprus and Egypt have taken a decisive step toward deepening maritime cooperation, following the first meeting of the Joint Maritime Committee (JMC) held in Limassol, October 15-16. The meeting marked ...

Cyprus spent €213.6 million on research and development (R&D) in 2023, equivalent to 0.68 per cent of GDP, according to data released by the Statistical Service (Cystat) on Thursday. This marks ...