Cyprus Business News

AstroBank on Friday announced that it will pay interest and proceed with the early redemption of two of its senior preferred bonds on June 30, 2025. The bonds in question include one ...

The value of wholesale trade and motor vehicle-related activities in Cyprus continued to rise in the first quarter of 2025, according to data released on Friday by the state statistical service. ...

The Cyprus Stock Exchange (CSE) on Friday announced updates regarding the trading status of several listed issuers on its regulated market. The announcement followed a review of the independent auditors’ ...

The Bank of Cyprus on Friday announced the repurchase of 182,149 of its ordinary shares between June 6 and June 12, 2025. According to the announcement, the shares, each with a nominal value of €0.10, ...

The Cyprus Chamber of Commerce & Industry (Keve) on Friday announced that the EU-Japan Centre for Industrial Cooperation has launched the first session of its 2025 training programme on Japanese business ...

Cyprus needs a fresh economic model to address today’s challenges and improve social well-being, according to a new policy paper by Andreas Theophanous and Mary Vardas. The paper, published ...

Thomas Kazakos has officially taken over as secretary general of the International Chamber of Shipping (ICS), following a handover ceremony during the organisation’s general assembly in Athens, marking the ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday urged Cypriot banks to remain “vigilant and adaptive” in the face of mounting global uncertainty, stressing their role as “pillars ...

President Nikos Christodoulides on Thursday praised Cyprus’ maritime sector during his address at the general assembly of the International Chamber of Shipping, which took place in Athens. “We are proud ...

President of the Paphos hotel association (Pasyxe) Evripides Loizides on Thursday expressed satisfaction with hotel occupancy rates in Paphos during the long weekend of Kataklysmos, saying that they exceeded 90 per ...

Passenger traffic at the airports of Larnaca and Paphos exceeded 4 million for the first time in history during the period from January to May 2025. According to an announcement by the ...

European Banking Federation (EBF) director general Wim Mijs on Thursday sounded the alarm on the consequences of fragmented regulation in the European Union. Mijs stated that over €1 trillion in inactive ...

Copper Island, the international film company with roots in the US, UK, Europe and Australia, has officially launched its new post-production facility in Limassol’s old town, marking a strategic ...

DP World Limassol on Thursday released a statement highlighting the expected arrival of around 140 cruise ships in 2025, underscoring the island’s resurgence as a major Eastern Mediterranean cruise destination. “The ...

Merger initiatives have accelerated in Cyprus, according to Aristidis Vourakis, president of the Association of Cyprus Banks and CEO of AstroBank, who also revealed that Deutsche Bank is considering a ...

Finance Minister Makis Keravnos on Thursday called on the Cypriot banking sector to step up lending, support innovation and startups, and embrace cultural change through digital transformation. “The challenges facing ...

Top Kinisis Travel Public Ltd has approved a dividend of €0.01 per ordinary share, totalling €122,120.11, as part of the decisions made during its annual general meeting (AGM) held at the company’...

The Cyprus Stock Exchange (CSE) announced on Thursday that it is now accepting applications for registration as direct and general clearing members for the competitive electricity market (CEM). The CSE ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday urged Cypriot banks to remain “vigilant and adaptive” in the face of mounting global uncertainty, stressing their role as “pillars ...

The latest ICS Maritime Barometer highlights continued pressure on the global shipping industry, as maritime leaders face a combination of geopolitical instability, rising regulatory demands and growing cyber-security risks. Based ...

Women entrepreneurs in Cyprus are being encouraged to take advantage of three open calls offering financial support, mentorship and international networking opportunities. The Cyprus Chamber of Commerce and Industry, acting ...

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director ...

Government employment in Cyprus recorded a 0.9 per cent increase in May 2025 compared to the same month in 2024, reaching a total of 55,305 employees, according to the Cyprus Statistical Service (Cystat). Specifically, ...

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., on Wednesday announced the completion of the squeeze-out procedure for the acquisition of the remaining shares of ...