Cyprus Business News

Shipping Deputy Minister Marina Hadjimanolis on Monday welcomed Cuban Ambassador Ruben Pino Martinez to the Shipping Deputy Ministry, where the two sides discussed ways to deepen cooperation in the maritime ...

Cyprus’ Chief Scientist for Research, Innovation and Technology, Demetris Skourides, represented the country at two European science and policy meetings in Austria and Germany last week, as discussions focused on ...

Cyprus recorded 13,905 job vacancies in the first quarter of 2026, with the job vacancy rate standing at 2.8 per cent, according to the Statistical Service (Cystat).  Overall, the figures point to continued ...

The US-Iran agreement marks an important development for energy markets and global trade, although inflationary pressure is expected to remain in place for some time, according to University of Cyprus ...

Cyprus must avoid becoming a back-office hub, says VC analyst Cyprus’ startup ecosystem is entering a period of growing maturity, but challenges surrounding founder quality, access to capital and international ...

The International Maritime Organisation (IMO) has welcomed the peace agreement announced between the US and the Islamic Republic of Iran, saying it signals “a crucial return to peace, dialogue, multilateralism ...

The Cyprus Stock Exchange (CSE) has announced adjustments to the weight factors of two major financial institutions within the FTSE/CySE20 Index, effective from Monday, June 22, 2026. This decision follows the ...

Greek lender Eurobank S.A. announced on Monday that it had repurchased a total of 1,657,727 of its own shares between June 10 and June 12, 2026, as part of its ongoing share buyback ...

Limassol’s worsening traffic problem is no longer just a source of daily frustration, but a threat to the city’s growth, business confidence and ability to retain major companies, ...

Digital transactions in Cyprus are continuing to grow at a rapid pace, as consumers and businesses increasingly move towards card payments, mobile banking, electronic wallets and fintech applications. The shift ...

Amazon executive Panos Panay will headline a fireside chat on how innovation can be turned into real-world economic and social value during the international conference ‘Shaping the Next Digital Frontier’, ...

Cyprus joins EU-wide move to tax low-value imports Consumers in Cyprus purchasing goods from outside the European Union will face a temporary flat-fee duty of €3 per item starting July 1, 2026, according ...

IMF managing director Kristalina Georgieva has warned that European Union nations face a significant fiscal challenge as public debt levels threaten to climb sharply over the coming decades. Public debt ...

Brussels hosted the European Innovation Council Summit 2026 this month, where Laurence Petit, Director of Innovation at France’s CEA, shared insights on how Europe can transform scientific excellence into successful ...

Here are the top business stories in Cyprus from the week starting June 8: Bernhard Schulte Shipmanagement (BSM) has appointed Elena Pantazidou as Chief People Officer, effective June 1, 2026, reporting to the ...

Cyprus businesses are among the highest in the European Union for social media adoption, with nearly 80 per cent of enterprises integrating these platforms into their daily operations. According to figures ...

Cyprus is punching above its weight in the European labour market as the latest Eurostat figures reveal a significant surge in the number of people finding work during the opening ...

Greek lender Eurobank has launched a five-year programme for the free allocation of shares to management executives and employees, as well as staff at affiliated companies. Implementation of the programme ...

The National Bank of Greece has announced the launch of the first phase of its 2026 share buyback programme, following approvals granted by shareholders and regulatory authorities. The first phase of ...

Medochemie marked its 50th anniversary in 2026, reflecting on a journey that transformed a Limassol-based start-up into a global pharmaceutical exporter built on vision, innovation and sustained international expansion. Behind five ...

Demetra Holdings Plc on Friday announced that it has completed a fresh acquisition of its own shares. According to the announcement, the firm successfully acquired a total of 3,744 own shares ...

The Cyprus Cement Public Company Ltd announced on Friday that the firm has proceeded with the acquisition of its own shares. The move follows the execution of a decision taken ...

The Finance Ministry on Friday announced the upcoming maturity of the 13-week Treasury Bills associated with the third issue of 2026, which spans the period from March 20, 2026, to June 19, 2026. These government ...

The Republic of Cyprus on Friday signed an agreement with the government of the Hong Kong Special Administrative Region of the People’s Republic of China aimed at eliminating double ...