Cyprus Business News

Space solutions firm SES and Cyprus-based connectivity provider Tototheo Global have announced the expansion of their long-standing collaboration through a new multi-year agreement to deploy SES FlexMaritime services across global ...

Hotel occupancy in Paphos has fallen sharply compared with last year, with the city and district seeing rates around 20 per cent lower than the corresponding period of 2025, according to hoteliers ...

Interior Minister Constantinos Ioannou is in Luxembourg today to chair a meeting of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) in its housing configuration, as part of ...

The Cyprus Marine Club drew its largest audience to date, welcoming around 200 members and guests to a landmark gathering that brought together the island’s maritime community for an evening ...

Here are the top business stories in Cyprus from the week starting June 22: Cyprus’ hotel industry is looking to last-minute bookings to soften the impact of a difficult start to ...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...

Tototheo Global joint chief executive officer Despina Panayiotou Theodosiou on Friday announced her candidacy for election to the board of governors of the International Propeller Club, Port of Piraeus. In ...

Elbridge Investments (Cyprus) Limited announced on Friday the payment of interest for bonds bearing the ISIN code CY0148711019 for the period spanning April 01, 2026, to June 30, 2026. The interest rate for this ...

Construction material producer Kythreotis Holdings has warned that its results for the first half of 2026 are expected to be significantly lower than those recorded in the same period last year, ...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...

The Cyprus Stock Exchange (CSE) announced on Friday that Interfund Investments Plc shares will be moved from the surveillance market back to the alternative market. This shift comes as the ...

SquareOne has launched Zoia, a 147-apartment residential project in Kato Polemidia, placing its bet on one of Limassol’s most rapidly changing pockets, where an old military site is being ...

Cyprus’ total sales of petroleum products fell by 5.1 per cent in May 2026 compared with the same month last year, even as monthly demand strengthened and the government moved to shield ...

Logicom Public Ltd shareholders have approved the payment of a €0.10 dividend per share during the company’s annual general meeting. The dividend, corresponding to 29.4 per cent of the nominal value ...

Petrolina (Holdings) Public Limited announced on Friday that its financial results for the first half of 2026 are expected to show a significant improvement compared with the corresponding period of 2025. The ...

Artificial intelligence can write code, create images and suggest solutions, but it cannot dream or replace human judgement, Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou told University ...

Andreas Christoforou has been re-elected to the YoungShip International Board and appointed Regional Representative for Southern Europe, in a move that strengthens Cyprus’ presence within the global network for young ...

The International Maritime Organisation (IMO) has temporarily suspended its evacuation plan for vessels trapped in the Persian Gulf after an attack on a merchant ship in the Gulf of Oman, ...

Researchers link climate events to regional economic output Extreme heat waves and droughts are increasingly threatening economic growth across the European Union, with the agricultural sector in regions such as ...

Greek lenders, some of which also operational in Cyprus, remain on course for strong growth despite geopolitical tensions in the Middle East and concerns over the tourism season, with UBS ...

Construction prices for new residential buildings in Cyprus climbed to their highest level on record in 2025, according to new Eurostat data, reflecting a broader increase in building costs across the ...

Alpha Bank S.A. on Thursday announced that it has secured a controlling 69.61 per cent stake in Alpha Trust Holdings S.A., fulfilling the key condition required for the completion ...

Cypriot lawyer Stavros Pavlou was appointed as a new member of the International Court of Arbitration of the International Chamber of Commerce (ICC) following a proposal by the ICC Cyprus ...

Construction prices for new residential buildings in Cyprus climbed to their highest level on record in 2025, according to new Eurostat data, reflecting a broader increase in building costs across the ...