Cyprus Business News

Sir Stelios Haji-Ioannou will once again honour bi-communal entrepreneurship in Cyprus this year, increasing the total prize fund of the Stelios Bi-Communal Awards for Business Co-operation to €500,000, as the initiative ...

The next Multiannual Financial Framework (MFF) was on the agenda on Thursday as President Nikos Christodoulides met with the head of the European Court of Auditors (ECA), Tony Murphy, alongside ...

The most expensive property transaction recorded in Cyprus in October 2025 involved a three-floor apartment in Limassol, sold for €15.2 million, reinforcing the city’s continued dominance in the high-end real estate ...

The Bank of Cyprus on Thursday announced that the BoC Academy is continuing to run for a third year, reflecting the bank’s ongoing focus on its people and on ...

Cyprus recorded negative domestic inflation in December 2025 as consumer prices edged slightly higher month-on-month but fell on an annual basis, according to figures released by the state statistical service on ...

Cyprus recorded a general government fiscal surplus of €1.16 billion in the period from January to November 2025, with public finances remaining positive despite higher spending driven by wages, social benefits and ...

The Cyprus Stock Exchange (CSE) Council has officially released the detailed breakdown of market shares for its member firms for December 2025, providing a comprehensive overview of the trading landscape in ...

Demetra Holdings PLC has continued its strategic share buyback programme on the Cyprus Stock Exchange by purchasing 5,600 of its own shares during the trading session on January 7, 2026, as part of ...

The Eratosthenes Centre of Excellence and India-based Pixxelspace India Private Limited (Pixxel) have signed a memorandum of understanding (MoU), according to an official statement released this week. The agreement sets ...

Contracts for the completion of the gastronomy school in the mountain community of Moniatis are expected to be signed in the coming days, after the Moniatis community council awarded the ...

Opap shareholders approved the company’s split and cross-border transformation plan on January 2026, clearing the way for the merger of Allwyn and Opap during the group’s 13th extraordinary general ...

Net new loans in Cyprus declined in November 2025, according to a report released this week by the Central Bank of Cyprus (CBC). Specifically, net new loans fell to €256.3 million during ...

Paphos is set to strengthen its links with Germany in the summer of 2026, as Ryanair expands its presence on the route and Lufthansa adds scheduled flights from Munich. This move ...

Cyprus recorded an improvement in its current account balance in the third quarter of 2025, with the deficit narrowing to €95.00 million, according to the Central Bank of Cyprus. The deficit was ...

Greek systemic banks are expected within the next two weeks to announce the dates for releasing their 2025 financial results, alongside positive revisions to their business plans, as they prepare to ...

The Cyprus Chamber of Commerce and Industry (Keve) is partnering with the Office of the Tax Commissioner to host a comprehensive informational webinar on January 19, 2026. The webinar is designed to ...

A subsidised training programme on warehouse organisation and management will take place on February 5, 2026 and February 11, 2026 in Nicosia, offering businesses and executives practical tools to improve productivity and operational efficiency ...

Budget airline Wizz Air has announced the launch of its new year’s sale, offering discounted fares of up to 26 per cent on 5 million seats across its network for a ...

The Central Bank of Cyprus (CBC) announced on Wednesday the launch of the first institutionalised dialogue with representatives of key sectors of the Cypriot economy. The aim of this new ...

With the new year underway, the tax department is moving to apply a tougher enforcement framework, as tax reform measures aimed at improving compliance and collectability take effect. According to ...

Working from home in the public sector will begin on a limited basis this year, with civil servants allowed to work away from the office for up to 20 days in 2026, ...

Cyprus recorded the lowest inflation rate in the eurozone in December, with consumer prices estimated to have risen by 0.1 per cent year on year, unchanged from November, according to preliminary ...

Registered unemployment in Cyprus fell in December 2025, with official data showing fewer people out of work compared with both the previous month and the same period a year earlier, reflecting ...

Cyprus continues to offer relatively cheaper borrowing for households, particularly for housing, while delivering the lowest deposit returns in the euro area, according to the European Central Bank (ECB). The ...