Cyprus Business News

Euromoney, a leading international magazine specialising in banking, finance, and financial markets, has awarded the Bank of Cyprus the title of the best bank in Cyprus for 2024. This marks the ...

The total number of individuals employed by the government in Cyprus averaged 54,481 during the period from January to July 2024, according to a report released this week by the Cyprus Statistical ...

The total weight of goods transported by road within Cyprus saw a 3.7 per cent increase during the period from January to March 2024, compared to the same period in 2023. According to ...

Freedom Holding Corp., the founder of Freedom24, this week released its results for the first quarter of fiscal year 2025 ended June 30, 2024. According to the result, the holding company generated revenue ...

Decisions will be taken and the interconnector linking Cyprus’ power supply to Greece and Israel will be clarified within August, Energy Minister George Papanastasiou said on Monday. The minister’s ...

Baker Tilly Klitou and Partners Limited has been appointed as the External Auditors of the Central Bank of Cyprus for the financial years 2023 to 2027, according to an announcement released on ...

Larnaca was one of the most popular destinations for travellers flying from London’s Heathrow airport in July, according to an announcement released on Monday. “Venice and Larnaca proved popular ...

Paphos’ Regional Tourism Board (Etap) said that it is currently developing a digital strategy for the entire Paphos district, along with action plans for the years 2025-2027. “Through this study, ...

Cyprus’ construction materials price index recorded a decrease of 1.45 per cent for the period from January to July 2024, when compared to the same period in 2023. According to a report released ...

Cyprus’ Deputy Ministry of Research, Innovation, and Digital Policy announced on Monday an open call for applications to recruit scientific collaborators.According to the announcement, these positions are linked to ...

The global pandemic may be behind us but its effects are still being felt across a number of sectors. In finance, it highlighted the risks of DIY investing, with retail ...

Here are the top business stories in Cyprus from the week starting August 5: The Cypriot economy continues to display remarkable growth and resilience in the face of a challenging global ...

The way the Great Sea Interconnector is being promoted “bears serious risks and many problems,” the associations affiliated with the Cyprus Employers & Industrialists Federation (Oev) related to energy matters ...

Cyprus’ trade deficit for the first half of 2024 narrowed to €3.57 billion, down from €4.47 billion in the corresponding period of 2023. According to a report released on Friday by the Cyprus Statistical ...

Hellenic Bank on Friday reaffirmed its commitment to sustainability through a number of actions and initiatives outlined in its 2023 sustainability report. The report provides an in-depth look at the bank’...

The Cyprus Chamber of Commerce and Industry (Keve) this week released a statement emphasising the strategic importance of the Cyprus-Europe electricity interconnection through Greece, highlighting its significance both for Cyprus ...

The total number of registered vehicles in Cyprus between January and July 2024 increased by 16.6 per cent, when compared to the same period in 2023, according to a report released this week ...

The Bank of Cyprus (BoC) on Thursday announced a profit after tax of €270 million for the first six months of 2024, marking a 23 per cent increase compared to the same period ...

Leading European PayTech payabl. on Thursday announced its official membership in the Association of Cyprus International Financial Firms (ACIFF), describing it as a “significant milestone in its journey to further ...

Cyprus’ Fiscal Council on Thursday released its mid-year report for 2024, delving into the country’s economic performance so far, and flagging up areas of strength and vulnerability. In addition, the ...

The Larnaca Regional Tourism Board (Etap) on Thursday said that it is continuing to intensify its efforts this year under its action plan, which focuses on ecological improvements and enhancing ...

The Cyprus Chamber of Commerce and Industry (Keve) this week said that there is an urgent need to modernise state pavilions and streamline procedures to enhance Cyprus’ presence at international ...

The Bank of Cyprus (BoC) on Thursday announced a profit after tax of €270 million for the first six months of 2024, marking a 23 per cent increase compared to the same period ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced the imposition of administrative fines totalling €740,000 on the Cyprus Investment Firm (CIF) Exelcius Prime Ltd. CySEC chairman George Theocharides said ...