Cyprus Business News

Limassol-based Island Oil Holdings this week announced the acquisition of its newly purchased bunkering vessel, Ruby, which has now officially joined the company’s fleet in Cyprus. Ruby, a vessel ...

Cyprus’ government is focused on maintaining a strong and resilient economy as the basis on which businesses can plan, invest and grow with certainty, according to Deputy Minister to the ...

The Enterprise Europe Network has announced that a high-level mission to Thailand is scheduled for May 24–28, 2026. The mission will feature Commissioner for Agriculture and Food Christophe Hansen and a business ...

Eurostat this week reported that the use of artificial intelligence among EU enterprises continued to rise sharply in 2025, with Cyprus trailing behind the European average despite steady improvement over the ...

Eurostat reported that renewable energy accounted for 49.3 per cent of net electricity generated across the EU in the third quarter of 2025, a development that highlights wide disparities among member states ...

Cyprus can secure a leading role in the next era of smart and sustainable tourism if it embraces Artificial Intelligence (AI) with urgency and strategic clarity, Deputy Minister for Research, ...

EAC Supply, in collaboration with the Cyprus Energy Agency, has announced a new “AHK+” Grant Scheme to support businesses, local authorities, and vulnerable households across Cyprus in their transition to ...

The Central Bank of Cyprus published its balance sheet this week, showing total assets and liabilities of €29.74 billion as of the end of November, 2025. Gold and gold receivables reached €1.45 bn, ...

Internet usage is near-universal among Cyprus’ population but is highly dependent on age and educational background, according to the results of a survey released on Thursday by the Cyprus Statistical ...

Total government employment in Cyprus registered a marginal increase in November 2025, reaching 55,367 persons, according to a report from the state statistical service (Cystat). The report showed mixed trends across different ...

Cyprus can secure a leading role in the next era of smart and sustainable tourism if it embraces Artificial Intelligence (AI) with urgency and strategic clarity, Deputy Minister for Research, ...

The Cyprus Shipping Chamber (CSC) took part in the 60th-anniversary events of the European Shipowners’ Association (ECSA) in Brussels on December 9 and 10, reaffirming its intention to contribute actively to EU ...

Cyprus is seeking to position its ports as a point of stability and connection in a region marked by shifting alliances and new trade corridors, the new president of the ...

Cyprus has secured the top spot in a global holiday home index, created and published by Compare the Market’s home loan division. The report, based on an analysis of ...

Alpha Bank Cyprus on Thursday announced that it has successfully completed the certification processes for the international standards ISO 14001:2015 and ISO 45001:2018, integrating all its operations, branches, and workplaces into two ...

More than 400 students from across Cyprus gathered at the University of Cyprus for the launch of this year’s JA Cyprus ‘Student Enterprise’ programme, held in collaboration with Coca-Cola HBC ...

Cyprus’ travel industry needs to treat winter as its next real growth frontier, the president of the Association of Travel and Tourism Agents of Cyprus (Actta), Charis Papacharalambous, told members ...

The Bank of Cyprus (BoC) has been named ‘Best Foreign Exchange Bank in Cyprus’ at Global Finance’s annual Gordon Platt Foreign Exchange Awards, a distinction the bank sees as ...

The Cyprus Real Estate Agents Association (Skek), which operates under the umbrella of the Cyprus Chamber of Commerce and Industry (Keve), released a statement this week addressed to the House, ...

Eurobank and National Bank of Greece are positioned at the top of the European banking ranking for return on equity, according to a pan-European report from UBS, which confirmed the ...

The Cyprus Chamber of Commerce and Industry (Keve) will hold host its annual business leader awards at the Royal Hall in Nicosia on Thursday, December 11, to recognise and reward Cypriot ...

The European Transport Safety Council (ETSC) has issued its 49th Road Safety PIN Flash Report, revealing that Cyprus, along with 10 other nations, is responding positively regarding the state’s procedures ...

Cyprus recorded a further widening of its trade deficit in October, as both imports and exports retreated compared with last year, according to new figures released on Wednesday by the ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday announced that 25 Cypriot tourism small and medium-sized enterprises (SMEs) successfully completed their sustainability journey under the EU-funded I-STARS project, in ...