Cyprus Business News

The Cyprus Employers and Industrialists Federation (Oev) has established a new committee on education, training and the attraction of young talent as part of its broader strategy to strengthen workforce ...

Bank employees’ union Etyk has reached a preliminary agreement with the management of Societe Generale for the renewal of the collective balance for the period 2023 to 2027, following intensive negotiations. “This ...

The Cyprus Shipping Chamber (CSC) welcomed the publication of the European Industrial Maritime Strategy and the EU Ports Strategy by the European Commission, stating that the initiatives underline the maritime ...

The Paralimni-Deryneia municipality said this week it is stepping up preparations for the new tourist season, as the popular east coast destination gets ready to welcome the hundreds of thousands ...

Cyprus remains a safe tourism destination despite geopolitical tensions in the Middle East, Deputy Tourism Minister Kostas Koumis said after meetings with industry partners at the ITB Berlin tourism fair ...

Cyprus recorded a decline in retail trade volume in January 2026, even as the European Union overall registered a modest increase, according to Eurostat. According to the data, Cyprus retail trade ...

The Cyprus Chamber of Commerce and Industry (Keve) issued a circular this week to inform members about significant changes to the European Union VAT regime that have already come into ...

Property sales in Cyprus maintained a double-digit increase in February 2026, as transactions rose by 12 per cent year on year, according to data released by the department of lands and surveys. ...

Cyprus recorded a 4.9 per cent increase in its industrial turnover index during December 2025 compared with the same month a year earlier, according to the latest figures released by the Cyprus ...

The Central Bank of Cyprus (CBC) issued a public notice on Thursday to inform people and businesses that banks will be closed for two upcoming national holidays. According to the ...

Cyprus economy resilient enough to withstand regional shock, says spokesman Government spokesman Konstantinos Letymbiotis on Thursday said that the Cyprus government is conducting ongoing assessments of the economic impact of ...

Inflation in Cyprus remained almost flat in February, reaching just 0.1 per cent, as a drop in energy costs offset rising prices in the services sector, according to the latest report ...

Cyprus’ information technology sector called for urgent reforms in the way informatics is taught in schools, warning that the country risks falling behind if education does not keep pace with ...

Cyprus remains stuck in the slow lane of Europe’s green transition, with electric vehicles accounting for just 0.51 per cent of the island’s passenger car fleet in 2024, according to ...

Cypriot Employers and Industrialists Federation (Oev) president George Pantelidis, on Thursday called for the immediate continuation of daily social and business activity in Cyprus, warning that unnecessary disruptions could lead ...

Eurobank on Thursday highlighted its role in strengthening the India–Cyprus–Europe financial corridor during the recently-held India-Cyprus Summit 2026, an event organised by the High Commission of India in Cyprus ...

The Bank of Cyprus (BoC) expects steady loan growth and remains open to targeted acquisitions under its 2026-2028 business plan, while positioning itself to withstand rising competition and potential economic ...

Property sales in Cyprus maintained a double-digit increase in February 2026, as transactions rose by 12 per cent year on year, according to data released by the department of lands and surveys. ...

Industrial producer prices in Cyprus recorded the largest monthly decline in the European Union in January 2026, according to Eurostat, even as prices rose across the euro area and the bloc ...

Telecoms provider Cyta on Wednesday announced that it secured five major distinctions from Ookla for the second of 2025, reaffirming its position as the fastest mobile network in Cyprus for the ...

A recent exchange has highlighted delicate relations between the Federation of Employers and Industrialists (Oev) and the Cyprus Chamber of Commerce and Industry (Keve), following a social media post by ...

Demetra Holdings Plc announced on Wednesday that it successfully repurchased 7,990 of its own shares on March 3 as part of its ongoing capital management strategy. The transaction was carried out in ...

Cyprus hoteliers have reported cancellations for April and May and a slowdown in new bookings for the coming months, following the US travel advisory for the island, while industry groups ...

Tourism, shipping, investment, energy, inflation and household purchasing power in Cyprus are expected to be affected by the turmoil in the Middle East, with the scale of the impact depending ...