Cyprus Business News

Kinisis Ventures Fund II (KVF II) announced this week that it has invested €400,000 in Smartline, the Netherlands-based company behind EQQU, a screenless smart bracelet designed as minimalist jewellery but equipped ...

The Cabinet on Wednesday approved a proposal from the Finance Ministry to establish a fast dispute resolution mechanism aimed at addressing delays in major public works projects. Finance Minister Makis ...

The Cabinet on Wednesday approved a proposal from the Finance Ministry to establish a fast dispute resolution mechanism aimed at addressing delays in major public works projects. Finance Minister Makis ...

The Central Bank of Cyprus (CBC) on Wednesday announced the issue of a silver collector coin with a nominal value of €5 in proof condition and a mint year of 2025. The ...

Famagusta mayor Simos Ioannou used the district’s annual business assembly this week to call for the city’s return, saying it could become “the foundation of peace and freedom”. ...

Cyprus’ effort to draw back skilled Cypriots working abroad is gaining traction, with around 500 professionals now registered on the new Minds in Cyprus platform, according to Deputy Minister to the ...

Inflation in Cyprus remained subdued in October, with the Harmonised Index of Consumer Prices rising by only 0.2 per cent year on year, according to the state statistical service (Cystat). The ...

The Cyprus quarry association and the China Aggregates Association have signed a memorandum of cooperation, solidifying a joint effort to deepen ties in the aggregates sector. The agreement was concluded ...

Following a recent travel agency collapse that left 186 consumers out of pocket with minimal recoverable funds, new legislation is being drafted to strengthen compensation rules, members of parliament learned this ...

Total expenditure on social protection benefits across the European Union amounted to €4.6 trillion in 2023, with Cyprus demonstrating a clear preference for direct cash payments within its €6.09 billion system, according to ...

Finance Minister Makis Keravnos on Wednesday addressed the 4th Akel economy forum in Nicosia, expressing the government’s commitment for a “more resilient economy, a fairer society, and a more ...

The Paphos regional tourism board (Etap) has approved an increased budget of €600,000 and a new action plan for 2026, aiming to upgrade visitor experiences and expand the region’s digital and ...

Finance Minister Makis Keravnos has welcomed the European Commission’s autumn 2025 economic forecast, saying that the findings confirm the economy’s “steady progress, resilience and dynamics” despite geopolitical pressures. In ...

Alpha Bank Cyprus took part in this year’s Movember campaign, an awareness month for men’s health, at the bank’s headquarters in Nicosia, according to an official announcement. “...

Cyprus’ construction materials price index for October 2025 continued its upward trend, rising 1.58 per cent compared to the previous year, driven primarily by cost increases in minerals and mineral products. According ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) and the Unit for Combating Money Laundering, also known as Mokas, have signed a Memorandum of Understanding (MoU) to deepen cooperation ...

Deputy Tourism Minister hails Cyprus’ tourism performance Deputy Tourism Minister Kostas Koumis on Tuesday expressed satisfaction with the tourism figures for October, following a surge in arrivals that surpassed the ...

Government spokesman Konstantinos Letymbiotis on Tuesday welcomed the European Commission’s autumn economic forecast for Cyprus, which revised the country’s economic growth for 2025 upwards. “The findings of the European ...

The Cyprus Marine Club gathered more than 100 maritime professionals for its latest networking event, ‘From Sea to Sushi – Celebrating Seafaring and Flavour’, held at Gazebo Mare. The evening mixed professional ...

Salamis Lines Ltd, part of Salamis Organisation, has signed a Memorandum of Agreement for the purchase of a new RO/RO vessel as part of its broader plan to expand ...

Cyprus strengthened its tech and business ties with Qatar earlier this month, following a delegation to Doha organised by the employers and industrialists federation (Oev) and the Cyprus Information Technology ...

Loan and real estate management company doValue Cyprus on Turesday announced that it has “strengthened its position in the domestic non-performing loan servicing market after taking on a new portfolio ...

The Bank of Cyprus (BoC) has launched a new youth-focused initiative aimed at tackling environmental risks. According to an announcement released on Tuesday, the bank recently held its first event ...

The Cyprus Chamber of Commerce and Industry (Keve) recently completed a high-level business mission to Beijing, according to an announcement released on Tuesday. The chamber said that the event highlighted ...