Cyprus Business News

The Appeals Court has ruled in favour of the Central Bank of Cyprus (CBC) in a case concerning the non-retroactive payment of salary increments to two of its employees, overturning ...

The construction sector in Cyprus recorded robust growth in 2023, with value added rising by 9.4 per cent compared to 2022, according to the results of a survey released on Tuesday by the ...

Limassol continues to dominate the Cyprus rental market with the highest average asking rent at €3,057 per month in July 2025, while Larnaca offers the most affordable options at €1,277, according to a ...

The Research and Innovation Foundation (RIF) has opened nominations for the 2025 Cyprus Research Awards, marking the 18th consecutive year of honouring young and distinguished scientists in Cyprus.   The awards aim ...

Cyprus-based game developer and publisher GDEV was included in the latest Drake Star Global Gaming Report for the second quarter of 2025, with valuation metrics that signal stability and strong fundamentals ...

Thanos Michaelides, president of the hoteliers association (Pasyxe), called for a stronger push into new tourism markets, as the United Kingdom, Israel and Poland together accounted for 53 per cent of ...

The labour dispute in Cyprus’ hotel industry may take a decisive turn today, as employers and unions remain at odds over the collective agreement signed in December 2024. The two sides ...

Lordos Hotels (Holdings) Public Ltd has confirmed that it posted the agreed dividend to shareholders on Tuesday, July 15. The company made the announcement through a filing to the Cyprus Stock ...

The Cyprus Cement Public Company Ltd on Tuesday announced the repurchase of 2,500 of its own shares, in accordance with the decision taken at its Extraordinary General Meeting of shareholders held ...

The Cyprus Stock Exchange (CSE) has announced the reinstatement of Unifast Finance & Investments Public Company Ltd shares from the Surveillance Market to the Alternative Market. The decision was made ...

As Cyprus moves to close its institutional gap and align with the EU framework for Foreign Direct Investment (FDI) screening, shipping industry leaders are calling for a balanced approach that ...

The Ygia Group this week announced that it has completed the acquisition of Eden Medical Center, making it the largest private provider of inpatient care in Cyprus, with more than 270 ...

Approximately one third of the people in Cyprus are currently struggling to find the money for a weekly get-away, according to new Eurostat data released on Monday. Specifically, the EU’...

The Cyprus Securities and Exchange Commission (CySEC) has released the results of the certification examinations held in June 2025 in accordance with its directive concerning the certification of individuals and the ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding a number of online platforms offering investment services without the required authorisation. In a statement, CySEC ...

Approximately one third of the people in Cyprus are currently struggling to find the money for a weekly get-away, according to new Eurostat data released on Monday. Specifically, the EU’...

An increasingly volatile environment has resulted in investment diversification becoming key in order to boost financial resilience among Cypriot households and businesses, according to Dr Stella Mourouzidou Damtsa, CFA. In ...

The Shipping Deputy Ministry on Monday announced that the Cyprus Maritime Award 2025 will be presented during the opening ceremony of the Maritime Cyprus Conference. A tradition dating back to 1993, the ...

A total of €24.25 million in new funding for innovative products and services has been launched by the Research and Innovation Foundation (RIF), according to director general Theodoros Loukaidis. Loukaidis has ...

The Digital Cooperation Organisation (DCO), of which Cyprus is a member, has launched a new AI Ethics Evaluator Policy Tool to support the responsible development and deployment of artificial intelligence. ...

Cyprus has strengthened its reputation as a trusted maritime jurisdiction, ranking tenth globally among the world’s largest flag states in 2025 with a fleet totaling 24.4 million gross tonnage, according to ...

Cyprus has overtaken the EU average in online banking, with 85.1 per cent of internet users managing their finances online in 2024, according to Eurostat’s Digitalisation in Europe 2025 report.   The share ...

Here are the top business stories in Cyprus from the week starting July 7: Cyprus recorded a 2 per cent rise in house prices in the first quarter of 2025 compared with a ...

President of the hoteliers association (Pasyxe) Thanos Michaelides on Friday said that Paphos has significant potential to boost visitor numbers. In addition, he also said that the district can attract ...