Cyprus Business News

Plans to develop Larnaca port and marina and Vasiliko port, together with the expansion of Latchi port, were discussed during a meeting this week between Transport Minister Evi Tsolaki and ...

Safe Bulkers extended the application deadline for its 2026 – 2027 scholarship programme to September 7, 2026, with ten scholarships worth €10,000 each available to students seeking a career in the maritime industry. The sixth annual ...

George Pantelides leaves Deloitte after more than 20 years to become chief executive of Hellenic Healthcare Group (HHG) on January 1, 2027, taking charge of the private healthcare provider with operations in Cyprus ...

A master plan formally submitted under the name “Fasouri School”, and described in accompanying technical documents as the “Fasouri Academy and Sports Hub”, is being examined by the authorities for ...

Deposits held with Cyprus financial institutions increased by a net €562.3 million in July, while total loans declined by €68.7m, according to figures released by the Central Bank of Cyprus (CBC). ...

Bank transfers accounted for 85 per cent of the total value of government receipts during the first half of 2026, reflecting the state’s rapid shift towards digital payments, accountant-general Andreas Antoniades ...

Parents in Cyprus face large differences in the price of school supplies as they prepare for the new school year, with school bags alone ranging from €1.89 to nearly €210, according to ...

Demand in Limassol’s residential market is increasingly shifting toward homes that offer more than space and location, with buyers weighing wellness, community and daily convenience alongside traditional criteria such ...

Cyprus’ unemployment rate fell to 3.6 per cent in the second quarter of 2026, from 4.3 per cent a year earlier, as employment continued to grow, according to the state statistical service (Cystat). ...

Cyprus’ petroleum product sales returned to annual growth in July, rising 1.3 per cent to 146,656 tonnes, according to figures released on Thursday by the state statistical service (Cystat). The result marked ...

Passenger traffic between Chisinau and Larnaca nearly tripled during 2025, as demand for direct travel between Cyprus and Moldova increased sharply. Figures from Moldova’s Civil Aviation Authority show that 78,912 passengers ...

A master plan formally submitted under the name “Fasouri School”, and described in accompanying technical documents as the “Fasouri Academy and Sports Hub”, is being examined by the authorities for ...

The global entertainment and media industry is expected to generate $4.2 trillion in revenue by 2030, supported by AI-powered advertising and continued demand for live experiences, according to PwC. The firm’s ...

The luxury lifestyles presented by some of Cyprus’ best-known social media personalities have proved far less impressive once tax officials looked beyond their carefully curated photographs. Audits of people with ...

The Association of Cyprus Banks (ACB) expanded its financial literacy initiatives during 2025 and the first half of 2026, supporting national efforts to improve financial education as Cyprus experienced strong economic growth ...

EU imports of goods from outside the bloc rose 9.9 per cent in the second quarter of 2026 compared with the previous quarter, while exports increased 5.4 per cent, according to Eurostat, as ...

Cyprus is due to receive three credit rating decisions in September, with DBRS Morningstar, Standard & Poor’s and Capital Intelligence Ratings scheduled to review the Republic’s standing before ...

Cyprus faces three credit rating decisions in September Cyprus is due to receive three credit rating decisions in September, with DBRS Morningstar, Standard & Poor’s and Capital Intelligence Ratings ...

RIF offers Cyprus startups support to attend Slush 2026 The Research and Innovation Foundation (RIF) on Wednesday opened applications for up to 15 Cyprus startups to take part in Slush 2026 in Helsinki ...

Allwyn AG updated its 2026 financial calendar on Wednesday, confirming the publication date for its preliminary financial results covering the second quarter of 2026. The multinational lottery operator will release its Q2 2026 ...

Alpha Bank’s voting rights in Alpha Trust Holdings reached 100 per cent on August 24, 2026, after the Greek bank acquired the final 69,324 shares in the company through the completion of a ...

Foreign residents boost Cyprus retail market Cyprus consumers are visiting supermarkets more often, comparing prices across several stores and avoiding unnecessary purchases. However, the shift towards smaller baskets has not ...

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €100 administrative fine on Eurotrade Investment RGB Ltd for failing to submit a required regulatory form within the prescribed deadline. The ...

Lordos United Public Ltd announced on Wednesday that it will propose a €200,000 final dividend to shareholders at its annual general meeting on September 23, 2026, with the company also set to review ...