Cyprus Business News

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 ...

The Central Bank of Cyprus (CBC), part of the Eurosystem, released its summary balance sheet this week, which showed that the institution’s total assets and liabilities stood at €30.49 billion ...

Cyprus recorded a strong rise in both tourist arrivals and resident returns in October 2025, underscoring a robust rebound in travel activity. According to the Cyprus Statistical Service (Cystat), tourist arrivals ...

Cyprus Seeds has announced the renewed commitment of The Hellenic Initiative, marking the seventh consecutive year of support from the organisation that helped establish and sustain the programme’s mission. ...

The National Bank of Greece (NBG) in Cyprus announced this week that it is joining forces with the University of Cyprus to support the Cyprus Entrepreneurship Competition (CyEC) 2025 through its ...

Demetra Holdings Plc has repurchased 8,386 of its own shares at an average price of 1.617 cents, the company announced on Monday. The share buyback was carried out on November 14 through CISCO, ...

The Finance Ministry on Monday announced that the TB13H25 series of government bonds will mature on November 28, 2025. They added that the last day for trading these government bonds will ...

Ermes Department Stores Plc recorded a net profit of €15.3 million in the first half of 2025, primarily due to the completion of the disposal of its subsidiary Superhome Center DIY Ltd. ...

Woolworth (Cyprus) Properties Plc reported a sharp swing to profit for the first half of 2025, driven by lower financing costs, reduced administrative expenses and the completion of major debt-related transactions. ...

Cyprus recorded a strong rise in both tourist arrivals and resident returns in October 2025, underscoring a robust rebound in travel activity. According to the Cyprus Statistical Service (Cystat), tourist arrivals ...

The number of building permits issued in Cyprus during the first seven months of the year recorded a notable decline, despite increases in total value and area, according to a ...

The European Union (EU) allocated €1.72 trillion to healthcare in 2023, an amount equal to 10 per cent of the bloc’s gross domestic product, according to Eurostat. Germany recorded the highest level ...

Greek retailer Jumbo Group delivered a strong performance in October 2025, recording a double-digit rise in sales and maintaining its growth momentum despite a volatile international backdrop. According to the company, ...

The Cyprus Investment and Securities Corporation Ltd (CISCO) has been named the best asset management company in Cyprus for 2025 by Global Banking and Finance Review magazine. CISCO previously secured the ...

Nicosia is pushing ahead with the biggest expansion of its hotel stock in years, with projects that are expected to more than double the capital’s capacity by 2027. The city ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement summarising the recently-held annual general meeting of the Cyprus association of real estate agents, which forms part ...

Interior Minister Constantinos Ioannou said the government is pressing ahead with “major reforms aimed at modernising and simplifying procedures and the way basic services operate that affect citizens’ daily lives”, ...

Cyprus is experiencing a clear shift in both legal and irregular migration as geopolitical pressures and labour needs reshape arrivals, according to Deputy Minister of Migration Nicholas Ioannides. The minister ...

Car demand is expected to experience a sluggish recovery across the eurozone, according to the European Central Bank (ECB), whose latest report was based on it Consumer Expectations Survey (CES). ...

Here are the top business stories in Cyprus from the week starting November 10: An agreement was signed on Thursday to bring to an end the months of wrangling between workers ...

Cyprus’ economy recorded robust growth in the third quarter of 2025, with new national and European data confirming that the country continues to outperform the wider region. According to a flash ...

The traditional HR model is obsolete, according to Perha Group founder Mariana Hadjiantoniou, who built her consultancy on the need for a people-centred direction. Hadjiantoniou began her career in human ...

Finance Minister Makis Keravnos welcomed the statistical service’s preliminary estimate showing Cyprus’ economy grew 3.6 per cent in the third quarter of 2025. He also mentioned that growth in the third ...

The assets of investment funds in Cyprus recorded a 16 per cent increase in September 2025, compared with the same month in 2024, the Central Bank of Cyprus (CBC) said on Friday. The ...