Cyprus Business News

The Bank of Cyprus (BoC) has signed a strategic partnership with Avenga for the co-development of a new digital platform leveraging Agentic AI and the full suite of Microsoft Azure ...

Cyprus job vacancy rate stood at 3 per cent in third quarter Cyprus recorded one of the highest job vacancy rates in the European Union in the third quarter of 2025, despite ...

Cyprus’ shipping community has increasingly been drawn into global efforts to tackle harassment at sea, as the island’s maritime cluster aligns with international campaigns, regulatory changes and growing expectations ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday welcomed the signing of a new strategic agreement between Cyprus and France. In its announcement, the chamber said that the ...

The Cyprus Financial Literacy and Education Committee (CyFLEC) held its 6th board of directors meeting this week, in order to to assess actions taken since its previous meeting and to ...

Cyprus has renewed its collective agreement covering seafarers employed on Cyprus-flagged ships, with employers and unions signing a new three-year deal that aligns local maritime labour standards with international frameworks. ...

Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to ...

Cyprus-based mobile game developer Top App Games Ltd announced on Tuesday that its hit title Ludus: Merge Arena has surpassed 8 million installs worldwide, underscoring the island’s growing role in ...

Hourly labour costs in Cyprus rose by 3.5 per cent in the third quarter of 2025, compared with the corresponding quarter of the previous year, according to provisional data released by the ...

The Central Bank of Cyprus (CBC) on Tuesday reported a sharp improvement in loan quality across the Cypriot banking sector, alongside a decline in profitability, reflecting changing conditions across the ...

Cyprus among EU leaders in GenAI use Cyprus ranked among the leading countries in Europe for the use of generative artificial intelligence in 2025, according to Eurostat, highlighting the island’s ...

Cyprus’ social spending drops to 19.2 per cent of GDP in 2023 Social protection expenditure fell as a percentage of Gross Domestic Product (GDP) in 2023, even as the total spending increased in ...

Eurobank highlighted the importance of embedding environmental, social and governance (ESG) principles into core business strategy rather than treating them as a communications exercise, during its participation in the 4th ...

Cypriots made more than 237,000 trips abroad for business purposes in 2024, while Cyprus itself recorded close to 279,000 business-related arrivals by foreign visitors over the same period, according to the Cyprus Statistical ...

Cyprus continued to record relatively low levels of payment fraud in 2024, even as European banking supervisors warn that the overall risk landscape is evolving, with criminals increasingly shifting tactics rather ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday welcomed the signing of a new strategic agreement between Cyprus and France. In its announcement, the chamber said that the ...

Cyprus recorded strong growth in industrial production in October 2025, outperforming the euro area and EU averages, according to new figures released this week by Eurostat. Eurostat reported that in October 2025, ...

Cyprus recorded one of the largest deficits in personal transfers in the European Union during 2024, according to Eurostat, highlighting the scale of money flowing out of the country to households ...

Cyprus and Vietnam further strengthened their bilateral ties on Wednesday with the signing of a double tax treaty. The agreement, signed at the finance ministry in Nicosia, aims to boost ...

Cyprus and Vietnam further strengthened their bilateral ties on Wednesday with the signing of a double tax treaty. The agreement, signed at the finance ministry in Nicosia, aims to boost ...

Employment in the broad public sector in Cyprus stood at 74,431 in the third quarter of 2025, an increase of 1.8 per cent year-on-year, according to figures released on Monday by the statistical ...

The long-planned mixed-use project on the site of the former Curium Palace hotel in Limassol is advancing towards licensing, with authorities yet to finalise key planning and building permits, industry ...

Cyprus’ Statistical Service (Cystat) on Monday announced that turnover increased in wholesale trade and in the trade and repair of motor vehicles during the third quarter of 2025, reflecting continued economic ...

Young in people in Cyprus were less likely than most of their European peers to drop out of formal education or training during 2024, according to Eurostat, highlighting the island’s ...