Cyprus Business News

The net loss of Louis plc widened to €18.70 million in the first half of 2026, as the hotel and tourism group attributed weaker financial performance to a decline in tourist traffic ...

The Agros Development Company (Proodos), owner of the Rodon Hotel in Agros, reported a wider first-half loss of €173,843 this week, with the company expecting weaker financial results for the remainder ...

Allwyn AG purchased 750,116 of its own shares for €9.56 million on Euronext Athens between September 14 and September 18, 2026, as part of its ongoing share buyback programme. The purchases were made under the ...

Alpha Bank has priced a €700 million senior preferred bond issue after attracting €2.9 billion of demand from investors, the Greek bank announced on Monday. The fixed-rate reset notes, due on March 28, 2031, ...

The greatest danger from artificial intelligence may not be a machine turning against humanity, but people gradually losing confidence in their own ability to think without it, Neapolis University Paphos ...

International Chamber of Shipping (ICS) secretary general Thomas Kazakos has taken the industry’s push for free passage through international waterways to the UN Security Council, warning that commercial ships ...

Cyprus recently took part in the SIAL Guangzhou 2026 international food and drink exhibition earlier this month as part of efforts to strengthen trade ties with China and promote Cypriot businesses ...

Alpha Bank S.A. acquired 2,033,797 of its own shares on Euronext Athens for a total consideration of €9,832,079.81 between September 14, 2026 and September 18, 2026, the Greek lender announced on Monday. The share repurchases ...

Aegean was named Europe’s Best Regional Airline for the 15th consecutive year at the 2026 Skytrax World Airline Awards in London on Monday, marking the airline’s 16th win in ...

Cyprus credit servicers manage €9.3bn in household loans Cyprus’ credit servicers and credit acquiring companies held a €19.28 billion loan portfolio at the end of June 2026, with the sector’s non-performing ...

Cyprus-based technology distributor Asbis reported estimated consolidated revenues of approximately $604 million in August 2026, representing a 91 per cent increase from the same month last year. The Limassol-headquartered company said on Monday ...

Neoflow, the leading fintech specialising in borderless financial solutions, has announced a partnership with BEONIX Festival, becoming the Official Networking Partner.  Taking place at the historic ETKO venue from 25-27 ...

Cyprus startups urged to think globally from the outset Deloitte brought together more than 20 startups and scaleups in Limassol on September 17 for an event highlighting the growing strength and international ...

Cyprus recorded the second-largest annual decline in commercial flights in the EU in August, even as flight activity across the bloc continued to expand and the island’s tourism downturn ...

The Employers and Industrialists Federation (Oev) will host the opening event of the annual consortium meeting of the European TRIERES hydrogen project in Ayia Napa on September 22, 2026. The event will ...

Cyprus has emerged as one of Europe’s clearest examples of homes outgrowing the households inside them, with more than seven in ten people in rural areas living in properties ...

Cyprus and Greece reaffirmed their shared maritime priorities at a dinner hosted by the Cyprus Union of Shipowners (CUS) in honour of President Nikos Christodoulides in Athens on September 18. The ...

Cyprus’ tourism downturn is expected to ease further by the end of the year, with arrivals forecast to finish around 5 per cent below 2025 levels, Tourism Deputy Minister Kostas Koumis said ...

The Cyprus Real Estate Agents Association (Skek) highlighted the challenges facing the property market at the Cyprus Property Show 2026, with its vice-president Vasilis Artemiou pointing to geopolitical tensions, uncertainty and ...

International Chamber of Shipping (ICS) secretary general Thomas Kazakos has taken the industry’s push for free passage through international waterways to the UN Security Council, warning that commercial ships ...

Reflect and Plug and Play aim to strengthen Cyprus startup links Reflect Festival and global innovation platform Plug and Play have announced a strategic partnership aimed at connecting Cyprus and ...

Cyprus put seafarers’ rights, shipping’s social role and the competitiveness of the European fleet under the same spotlight in Athens, as a three-day maritime programme moved from the people ...

The European Securities and Markets Authority (ESMA) has warned that stretched technology valuations and heightened geopolitical tensions are increasing vulnerabilities in EU financial markets, despite their continued resilience. The EU’...

The Cyprus Chamber of Commerce and Industry (Keve) will hold a round-table discussion in Nicosia on September 29, 2026, focusing on workers with care responsibilities and the support available to them, including ...