Cyprus Business News

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 ...

Bank of Cyprus Holdings and the Bank of Cyprus on Thursday announced the appointment of Elisabet Pinilla Guell as an independent non-executive director, following approval from the European Central Bank (...

Cypriot businesses expand Greek reach through Skroutz summer sales Cypriot consumers placed 62 per cent more orders through Skroutz during this year’s summer sales compared with the corresponding period last ...

The Central Bank of Cyprus (CBC) on Thursday published a piece of analysis by economist Marios Louca arguing that deeper European integration was becoming increasingly important as geopolitical tensions reshaped ...

Cyprus inflation accelerated to 3.5 per cent in August, as rising fuel prices and air fares drove a sharp increase in transport costs, according to figures released on Thursday by the ...

Cyprus’ registered unemployed rose by 7.2 per cent in August, with the increase driven mainly by public administration, education, administrative and support services, and information and communication, according to figures released ...

The board of directors of A. Tsokkos Hotels Public Ltd announced on Thursday that it will meet later this month to examine and approve key financial performance metrics for both 2024 ...

Turnover across Cyprus’ services and transport sectors moved in different directions during the second quarter of 2026, with professional services posting the strongest growth while accommodation and administrative support activities declined. ...

The board of directors of Agros Development Company “Proodos” Public Ltd, the parent company of the Rodon hotel, announced on Thursday that it will convene later this month to evaluate ...

Eurobank has confirmed that 6,555,561 new ordinary shares, created through the exercise of stock options by management and staff, will begin trading on Euronext Athens on Friday, September 4. The announcement follows ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday called for stronger support for families, particularly larger families, after meeting with the Pancyprian Organisation of Large Families to discuss ...

Cyprus shoppers continued to give Jumbo a lift in August, with sales at its stores on the island rising by approximately 9 per cent year on year, following a 14 per cent ...

Cyprus brought its home-grown maritime technology to an international audience in Hamburg on Wednesday, with local companies presenting tools designed to make ships safer, cleaner and more efficient.  The Cyprus ...

Cyprus’ new-home market split sharply along district lines in the first half of 2026, with Nicosia recording the most sales, Limassol attracting the largest share of spending and Paphos posting the ...

The European Central Bank (ECB) reported this week that euro area borrowing costs were broadly stable in July, while recent Cyprus data showed deposit rates remained substantially below the euro ...

Cyprus’ hotel sector is hoping to limit its losses for 2026 to around 10 per cent, after a difficult spring was followed by more encouraging bookings in July and August, the director-general ...

Cyprus travellers can pay to shorten security and passport queues, but the same words mean very different things from one airport to another Fast Track sounds reassuringly simple until a ...

Agricultural input and investment prices in Cyprus fell by 2.62 per cent year-on-year in the first quarter of 2026, while producer prices for agricultural products increased by 5.4 per cent, according to data ...

Demetra Holdings Plc purchased 3,100 of its own shares on September 1, as part of an ongoing share buyback scheme, the company announced on Wednesday. The transaction was executed on the Cyprus ...

Cyprus banks reported stable lending standards and stronger household demand for credit during the second quarter of 2026, while uncertainty surrounding the Middle East crisis weighed on some business investment plans, ...

Alpha Bank Cyprus has won two awards at the 2026 World’s Best Digital Bank Awards, recognising its mobile banking application and integrated consumer banking website. The bank was named Cyprus ...

Limassol’s seafront will become an open-air gateway to the world of shipping on October 10, as the Thalassa festival returns with a full day of interactive activities aimed particularly at ...

Cyprus hotel sector relies on late autumn bookings to offset early losses Cyprus’ hotel sector is hoping to limit its losses for 2026 to around 10 per cent, after a difficult spring ...

Eurobank has raised €600 million through a seven-year green senior preferred bond, with the final order book reaching about €1.4 billion as international investors showed strong demand for the issue, the bank ...