Cyprus Business News

Eurobank on Monday announced that it has been named Bank of the Year 2025 by the internationally recognised magazine The Banker. According to the announcement, the award “reflects Eurobank’s solid ...

Cyprus’ commercial property market is becoming more defined this year, as Limassol continues to command premium prices while Nicosia records the most activity, according to a report released on Monday ...

The board of state-owned asset management company Kedipes on Monday announced that it has approved the appointment of Onisiforos Onisiforou as an independent non-executive member. The appointment came into effect ...

The Cyprus Research and Innovation Centre (CyRIC), as coordinator of the MultiLab project, which operates under the EU’s Horizon Europe programme, on Monday announced the successful delivery of its ...

Cyprus recorded one of the strongest performances in the European Union in the third quarter of 2025, with seasonally adjusted GDP rising by 0.9 per cent compared with the previous quarter, according ...

GamesUp42 has grown from a young studio into one of the most dynamic gaming ecosystems operating out of Cyprus, and its story reflects the island’s rapid rise as a ...

WISTA International marked its participation at the 34th International Maritime Organisation (IMO) Assembly, which concluded in London after 10 days of detailed discussions and planning for the next biennium. The meeting, ...

Investment company Yoda PLC, listed on the Cyprus Stock Exchange’s New Market (NMD), has that certain of its subsidiaries finalised a series of transactions with Prodea Real Estate Investment ...

Cyprus advanced another action under its national strategy for gender equality this week, as the office of the Commissioner for Gender Equality hosted a two-day workshop for journalists on December 6 ...

Here are the top business stories in Cyprus from the week starting December 1: The International Maritime Organisation (IMO) has confirmed the composition of its next 40-member Council, electing countries across ...

The global shipping industry is facing an escalating human-resources crisis as more seafarers leave life at sea for work ashore, according to reporting by Paul Bartlett, who noted during a ...

Cyprus’ government posted a €1.119 billion surplus for the January–October 2025 period, equivalent to 3.1 per cent of GDP, according to preliminary figures from the Statistical Service (Cystat). This compares with a €1.3209...

Cyprus called for sustainable, realistic and broadly supported global measures to accelerate the decarbonisation of shipping during the EU Council of Transport Ministers in Brussels, where Shipping Deputy Minister Marina ...

The profit share of non-financial corporations in Cyprus reached 42.9 per cent in 2024, standing above the EU average of 40.1 per cent, according to Eurostat data published on Friday. Across the bloc, ...

Total employment in Cyprus reached 523,510 persons in the third quarter of 2025, according to provisional estimates released by the Statistical Service (Cystat). Of this total, 470,755 were employees and 52,755 were self-employed. Compared ...

Cyprus’ government posted a €1.119 billion surplus for the January–October 2025 period, equivalent to 3.1 per cent of GDP, according to preliminary figures from the Statistical Service (Cystat). This compares with a €1.3209...

The industrial turnover index in Cyprus reached 151.8 units in September 2025, marking an annual increase of 5.6 per cent compared with September 2024, according to figures released by the Statistical Service (Cystat). For ...

Cyprus enterprises continued upgrading their digital capabilities in 2025, with faster internet connections, wider adoption of artificial intelligence technologies and increased use of business software, according to the Statistical Service (Cystat). ...

TechIsland held its first Town Hall discussion in Limassol on Thursday, bringing together senior representatives from Ask Wire, PwC Cyprus, Leptos Estates, Neapolis University Paphos, Bank of Cyprus, Cybarco Development ...

Inflation in Cyprus turned negative in November, with the Consumer Price Index (CPI) falling by 0.5 per cent year on year, according to the state statistical service (Cystat). The index decreased ...

EMBIO Diagnostics has entered a strategic partnership with international basketball player Sasha Vezenkov, who joins the Cyprus-based deep-tech company as both an investor and brand ambassador for its airbeld indoor ...

National Bank of Greece (Cyprus) has appointed Michalis Athanasiou as Chief Business Officer, in a move that strengthens its management team during a period of dynamic growth and strategic upgrading ...

Net new loans in Cyprus fell by €18.5 million in October to €429.4 million, mainly due to a slowdown in lending to companies, while housing loans continued to rise, according to data ...

TechIsland held its first Town Hall discussion in Limassol on Thursday, bringing together senior representatives from Ask Wire, PwC Cyprus, Leptos Estates, Neapolis University Paphos, Bank of Cyprus, Cybarco Development ...