Cyprus Business News

PwC Cyprus hosted a Cyprus–India AI event in Nicosia this week, bringing together business and academic leaders to discuss artificial intelligence (AI) collaboration and its role in innovation and ...

PwC Cyprus hosted a Cyprus–India AI event in Nicosia this week, bringing together business and academic leaders to discuss artificial intelligence (AI) collaboration and its role in innovation and ...

The number of bounced cheques in Cyprus declined further in 2025, falling to 213, according to figures released on Wednesday by the Central Bank of Cyprus (CBC). This compares with 300 in 2024, 356 in 2023 ...

Constantinos Herodotou has made it onto the final short list of candidates for the presidency of the European Banking Authority (EBA), becoming the first Cypriot to reach the last stage ...

Cyprus’ tax reform introduces changes to capital gains tax covering property exchanges, property sales and the disposal of shares linked to real estate. Amendments to the capital gains law extend ...

The Limassol Chamber of Commerce and Industry (Evel) marked its annual social contribution this week by extending financial support to charitable foundations across the city and district of Limassol, continuing ...

InterMaritime Shipmanagement, headquartered in Limassol, has announced the appointment of Erwin Derlagen as Senior Technical Director, strengthening the company’s executive leadership and technical capabilities. According to the announcement, Erwin ...

Cyprus’ public service will move to a regulated hybrid working from home model from April 2, 2026, after the department of public administration and personnel issued a new manual setting out how ...

Cypriots’ travel choices in 2024 leaned heavily towards Greece and the United Kingdom, with overseas trips accounting for the bulk of spending, according to Eurostat data. Cypriots made a total of 3.3 ...

Cyprus’ betting market continued to expand in the third quarter of 2025, with total gross revenue from Class A and Class B operators rising by 7 per cent year-on-year to €312.5 million, according ...

Taxpayers will be able to claim income tax deductions of up to €3,000 per year under the tax reform that took effect this month, with relief targeting housing costs, green upgrades ...

Hourly pay for civil servants in Cyprus now spans from €9.48 at the lowest end of the pay scale to €46.12 for the most senior positions, based on updated remuneration tables released ...

Cyprus’ public service will move to a regulated hybrid working from home model from April 2, 2026, after the department of public administration and personnel issued a new manual setting out how ...

The Cyprus Shipping Chamber (CSC) met this week with Shipping Deputy Minister Marina Hadjimanolis in the context of close contacts aimed at coordinating issues that will concern the Cyprus shipping ...

Cyprus’ tourism strategy for the new year, the challenges facing the sector and Paphos’ decisive contribution to overall performance were discussed on Monday during a meeting between Deputy Tourism Minister ...

Total government employment in Cyprus registered a marginal increase in December 2025, reaching 55,301 persons, according to a report from the statistical service (Cystat). The data showed mixed developments across services and ...

Cyprus and Greece are moving to deepen their operational cooperation on maritime security, with a focus on practical measures ranging from border surveillance to search and rescue, as regional challenges ...

Cyprus’ tourism strategy for the new year, the challenges facing the sector and Paphos’ decisive contribution to overall performance were discussed on Monday during a meeting between Deputy Tourism Minister ...

Five chief executives from Cyprus’ banking sector will take part in the 13th Banking, Payments and Fintech Forum and Expo, emphasising the event’s growing institutional weight at a time ...

Limassol, Cyprus’ second-largest city, is emerging as a “hidden gem” in the international real estate market, according to Israeli businessman and real estate investor Avner Heisler, writing in Israel’s ...

Global shipping is making visible progress in adopting cleaner fuels, but the pace of change remains well short of what is needed to meet looming environmental targets, according to new ...

Investors who succumbed to the “temptation to sell” during the market turbulence of early 2025 likely learned a costly lesson about the dangers of market timing, according to Kyriacos Inios, Secretary ...

The Cyprus capital market is poised for steady growth in 2026, driven by regulatory reform, technological innovation and stronger supervision, according to Panikkos Vakkou, Vice-Chairman of the Cyprus Securities and Exchange ...

Here are the top business stories in Cyprus from the week starting January 5: Eurobank has successfully acquired 1,447,993 of its own shares on the Athens Stock Exchange at a total cost ...