Cyprus Business News

Two University of Cyprus researchers have secured European Research Council (ERC) Starting Grants worth around €1.5 million each to carry out five-year cancer research projects, the Research and Innovation Foundation (RIF) ...

MEP Fidias Panayiotou’s initiative to reduce electricity prices by 20 per cent has sparked intense public debate. The government, professional bodies, and market stakeholders quickly disputed his calculations, particularly regarding ...

Cyprus-based venture capital firm 33East has invested in Piney, a Cyprus-founded property operations startup that has raised €1.6 million as it expands from Europe into the United States. 33East said Piney’...

Seafarers must not be drawn into geopolitical conflicts or used as leverage in disputes over international waterways, International Chamber of Shipping (ICS) secretary-general Thomas Kazakos told shipping leaders in Hamburg ...

Plug and Play Cyprus will host its first-ever innovation expo in Limassol on November 11, 2026, bringing together startups, investors and industry leaders as the accelerator prepares to conclude its first cohort ...

Cyprus’ Industrial Turnover Index rose by 3.5 per cent in June 2026, reaching 149.5 units, according to figures released on Friday by the statistical service (Cystat).  For the first six months of the ...

Several companies listed on the Cyprus Stock Exchange (CSE) on Friday announced upcoming meetings of their respective boards of directors, in order to examine their financial results for the six ...

Geely Auto will enter the Cyprus car market in 2026, after signing a strategic partnership with KKS Mobility Ltd, led by automotive executive Charalambos Pilakoutas, to become the Chinese manufacturer’s ...

Cyprus recorded the strongest annual increase in retail trade volume in the European Union in July 2026, according to a report released by Eurostat on Friday, with sales volumes rising 8.6 per ...

The Bank of Cyprus (BoC) reiterated on Friday that it will stop paying dividends by cheque, with all future payments to shareholders holding their interests indirectly through depositary interests on ...

Trading in shares on the Cyprus Stock Exchange (CSE) reached €12.7 million in August 2026, with CISCO Ltd maintaining its position as the market’s leading member by share of trading, according ...

Cyprus’ latest rise in inflation is being driven by imported energy costs rather than excessive domestic demand or looser fiscal policy, economist Tassos Yiasemides said, warning that the pressure is ...

Cyprus has seen no evidence that large companies are leaving because of the global minimum tax, Finance Minister Makis Keravnos said this week, dismissing reports of an impending corporate exodus ...

Energy Minister Michael Damianos will travel to Thessaloniki on Friday, September 4, to take part in the 10th Southeast Europe Energy Forum, where he is expected to highlight Cyprus’ role in ...

Industrial producer prices in Cyprus rose 2.3 per cent in July 2026 from the previous month, placing the country among the EU member states with the strongest monthly increases, according to first ...

The Cyprus Computer Society (CCS) has submitted 33 recommendations to strengthen Cyprus’ National Artificial Intelligence Strategy 2032, calling for a greater focus on turning its ambitions into measurable and practical results. The ...

The Central Bank of Cyprus (CBC) has extended the deadline for applications for two senior positions, including a new role overseeing the planned Centre for Cyprus Economic and Monetary History. ...

Eurobank has updated its 2026 financial calendar, setting dates for its remaining results announcements and the payment of an interim dividend. The Greek banking group said its next scheduled financial update ...

Cyprus-based venture capital firm 33East has invested in Piney, a Cyprus-founded property operations startup that has raised €1.6 million as it expands from Europe into the United States. 33East said Piney’...

The Cyprus Securities and Exchange Commission (CySEC) has urged Cyprus investment firms to review proposed European rules that could require some of the largest firms to become credit institutions. CySEC ...

Cyprus recorded one of the highest shares of young adults with a tertiary education qualification in the EU in 2025, as the bloc continued to expand its highly educated workforce, according ...

Cyprus borrowing rates were broadly in line with the euro area median in July, while deposit rates remained the lowest in the euro area, according to the Central Bank of ...

Cyprus has spent years talking about becoming an innovation economy. If the country wants to make that transition, research and innovation can no longer be treated as a secondary area ...

Cyprus tourism continued to show resilience and momentum in the first half of 2026, despite disruption caused by developments in the Middle East and turbulence in air transport during March and ...