Cyprus Business News

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 ...

The Finance Ministry on Wednesday announced the upcoming delisting of a government security issued earlier this year by the Republic of Cyprus. The 13-week treasury bills, identified under the code ...

Cyprus faces annual losses of €8 million and more than 16 jobs due to illicit trade in food and beverages, part of a wider threat affecting the entire European Union. The European ...

Visitor numbers at restaurants, bars and coffeeshops across Cyprus ranged from 80 per cent to 90 per cent during the Kataklysmos long weekend, according to Neophytos Thrasivoulou, president of the hospitality owners ...

The Cyprus Chamber of Commerce and Industry (Keve) released a statement on Wednesday summarising its participation in the Investopia Global Mediterranean Forum, which took place in Limassol this week. “The ...

Cyprus-based Aloha Browser has unveiled new global research that reveals a widespread struggle with digital overload and its adverse effects on focus, productivity and mental wellbeing. According to the study, 71 ...

Tourism officials from Cyprus, Greece and Lebanon gathered in Limassol this week to discuss the future of the sector amid geopolitical uncertainty, climate risks and the growing influence of artificial ...

Larnaca continues to strengthen its position in the real estate market, registering the highest increases in property values during the first quarter of 2025, according to the latest RICS Cyprus Property ...

Cyprus took the spotlight at the Investopia Global Mediterranean Forum in Limassol this week, with Energy Minister George Papanastasiou reaffirming the country’s commitment to building closer ties with the ...

The Finance Ministry on Tuesday announced the implementation of a revised and locked notification template for outgoing transfers of funds, in accordance with the provisions of the relevant article under ...

Electric and hybrid vehicles in Cyprus have gained a stronger foothold in the market during the first five months of 2025, according to official data released on Tuesday by the state ...

Freedom Holding Corp., the parent company of Freedom24, has been selected for inclusion in the internationally recognised Russell 3000® Index as part of its 2025 annual reconstitution. The inclusion will become effective ...

Cyprus posted a trade deficit of €2.61 billion for the period between January and April 2025, up from €2.46 billion recorded during the same period in 2024, despite a notable surge in exports, according ...

Columbia Group is anchoring new maritime ventures in Cyprus, leveraging its collaboration with the Emirates Shipping Association to drive digital transformation across the wider region. Speaking at the Investopia Global ...

Cyprus took the spotlight at the Investopia Global Mediterranean Forum in Limassol this week, with Energy Minister George Papanastasiou reaffirming the country’s commitment to building closer ties with the ...

The United Arab Emirates sees Cyprus and the wider Mediterranean as strategic partners in building a resilient and innovation-driven regional economy, UAE minister of Economy Abdulla bin Touq Al Marri ...

Most businesses are still failing to align AI investments with workforce readiness, according to Kyndryl’s People Readiness 2025 report, with 71 per cent of leaders admitting their workforces are not yet ...

This year’s annual lecture in economics from the Cyprus Economic Society, featured Sir Paul Collier, a pre-eminent global development economist and professor of Economics and Public Policy at the ...

Art lead, Daria Babkovskaya, explains how AI tools in marketing art improve the creative workflow Daria Babkovskaya, promo art lead at Cubic Games, says artificial intelligence tools are helping the ...

Here are the top business stories in Cyprus from the week starting June 2: Cyprus has taken a significant step in strengthening its regulatory framework for investment funds, following the House ...

The Bank of Cyprus on Friday announced a fresh reduction in its reference interest rate for loans linked to the European Central Bank’s (ECB) base rate, in direct response ...

The Cyprus hoteliers association (Pasyxe) on Friday announced its support for a collective legal action against Booking.com. The legal action has been brought before the Dutch courts through an ...

Following a year of collaboration under a joint venture agreement, US-based TKI and Cyprus-based Hybrid ConsulTech have merged operations and will now formally operate under the unified TKI brand. The ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced a new initiative aimed at equipping small and medium-sized enterprises (SMEs) with practical tools and solutions to support their transition ...