Cyprus Business News

The board of directors of ASBISc Enterprises Plc on Monday published the company’s estimated monthly consolidated revenues for May 2026. Specifically, the Cyprus-based IT distributor, commonly known as Asbis, announced ...

Cyprus has made progress in digital public services, connectivity and business digitalisation, but still needs to make online state services easier, more inclusive and better connected, according to the European ...

The Cyprus Chamber of Commerce and Industry (Keve) announced on Monday that a Cypriot delegation had recorded a successful participation at the Eurosatory 2026 international defence, security and equipment exhibition, which ...

Cypriot startup MammoCheck won first place in the National Bank of Greece’s 16th NBG Business Seeds Innovation and Technology Competition, standing out among 344 entries from Greece, Cyprus and abroad. ...

Cyprus hotels are looking more closely at local holidaymakers this summer, as the industry tries to protect a difficult season shaped by weaker foreign bookings, higher costs and the continuing ...

Cyprus is set to become the starting point for a new partnership between the National and Kapodistrian University of Athens and K Treppides & Co Group, after the two sides ...

Cyprus’ hotel industry is looking to last-minute bookings to soften the impact of a difficult start to the summer season, although reservations remain below the levels hoteliers had expected, chairman ...

The Cyprus Business Council (CBC) in Dubai took part in an EU Business Forum meeting on June 19, as European business stakeholders discussed regional developments, sectoral priorities and the next steps ...

The Cyprus Securities and Exchange Commission (CySEC) has launched two new public tenders covering regulatory support services and cloud infrastructure, with submission deadlines set for July 2026. Firstly, the regulator announced ...

Cyprus Shipping Deputy Minister Marina Hadjimanolis will depart for Rome on Monday for a three-day working visit centred on an international shipping conference and a series of bilateral meetings with ...

Cyprus businesses urged to prepare for global competition In a rapidly evolving business environment, some discussions focus more on exploring uncertainties than providing clear answers. This insight comes from consultant ...

Here are the top business stories in Cyprus from the week starting June 15: Brussels hosted the European Innovation Council Summit 2026 this month, where Laurence Petit, Director of Innovation at France’...

Digital Cooperation Organisation (DCO) Secretary-General Deemah AlYahya used her visit to Cyprus to strengthen a series of international and local partnerships, underlining the island’s growing role as an emerging ...

By Nektarios Michail and Kyriacos Lambrias Since the outbreak of the war between US and Iran and the subsequent intermittent closure of the strait of Hormuz, ship crossings have been ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced a June initiative inviting agri-food and agri-tech stakeholders to join the European NEXTCHAIN matchmaking platform, aimed at fostering innovation and ...

The European Central Bank (ECB) released its consolidated banking data on Friday, revealing that total assets held by EU-headquartered credit institutions rose by 1.6 per cent to reach €33.50 trillion by the ...

The Central Bank of Cyprus (CBC) on Friday revised down its forecasts for economic growth in 2026 and 2027, citing the continuing war in the Middle East and warning that risks remain ...

For much of the past decade, digital payments were discussed primarily in terms of convenience – faster checkout, simpler transfers, less paperwork. That framing is now outdated. Digital payments have become ...

‘Europe needs ecosystems, not just capital’ Europe’s long-term competitiveness will depend less on the amount of money available to startups and more on the strength of the ecosystems supporting ...

The Cyprus Securities and Exchange Commission (CySEC) has warned investors about a number of websites that are not operated by entities authorised to provide investment services or carry out investment ...

The Cyprus Stock Exchange (CSE) announced on Friday that it has extended the suspension of trading for shares of four companies listed on its Emerging Companies Market for an additional ...

Logicom Public Ltd reported a sharp drop in profit attributable to shareholders for the first quarter of 2026, falling by 55.2 per cent to €10.7m, compared with €23.9m in the same period ...

Ellinas Finance Public Company Ltd shareholders approved a dividend of 1.75 cents per share, representing 3.9 per cent of the nominal value of €0.45, during the company’s annual general meeting held on ...

Petrolina (Holdings) Public Ltd shareholders approved a final dividend of 5.8 per cent, or 2.0 cents per share, during the company’s annual general meeting held on Thursday. The dividend payout is ...