Cyprus Business News

Inflation in Cyprus remained almost flat in February, reaching just 0.1 per cent, as a drop in energy costs offset rising prices in the services sector, according to the latest report ...

Cyprus’ information technology sector called for urgent reforms in the way informatics is taught in schools, warning that the country risks falling behind if education does not keep pace with ...

Cyprus remains stuck in the slow lane of Europe’s green transition, with electric vehicles accounting for just 0.51 per cent of the island’s passenger car fleet in 2024, according to ...

Cypriot Employers and Industrialists Federation (Oev) president George Pantelidis, on Thursday called for the immediate continuation of daily social and business activity in Cyprus, warning that unnecessary disruptions could lead ...

Eurobank on Thursday highlighted its role in strengthening the India–Cyprus–Europe financial corridor during the recently-held India-Cyprus Summit 2026, an event organised by the High Commission of India in Cyprus ...

The Bank of Cyprus (BoC) expects steady loan growth and remains open to targeted acquisitions under its 2026-2028 business plan, while positioning itself to withstand rising competition and potential economic ...

Property sales in Cyprus maintained a double-digit increase in February 2026, as transactions rose by 12 per cent year on year, according to data released by the department of lands and surveys. ...

Industrial producer prices in Cyprus recorded the largest monthly decline in the European Union in January 2026, according to Eurostat, even as prices rose across the euro area and the bloc ...

Telecoms provider Cyta on Wednesday announced that it secured five major distinctions from Ookla for the second of 2025, reaffirming its position as the fastest mobile network in Cyprus for the ...

A recent exchange has highlighted delicate relations between the Federation of Employers and Industrialists (Oev) and the Cyprus Chamber of Commerce and Industry (Keve), following a social media post by ...

Demetra Holdings Plc announced on Wednesday that it successfully repurchased 7,990 of its own shares on March 3 as part of its ongoing capital management strategy. The transaction was carried out in ...

Cyprus hoteliers have reported cancellations for April and May and a slowdown in new bookings for the coming months, following the US travel advisory for the island, while industry groups ...

Tourism, shipping, investment, energy, inflation and household purchasing power in Cyprus are expected to be affected by the turmoil in the Middle East, with the scale of the impact depending ...

Columbia Group president and chief executive Mark O’Neil said on Wednesday that the company is closely monitoring the recent escalation in the Gulf region under its established security and ...

Cyprus’ seasonally adjusted unemployment rate stood at 4.2 per cent in January 2026, remaining well below both the euro area and EU averages, according to Eurostat. Specifically, the statistical office of the ...

EU tourism reached a new record in 2025, with nearly 3.1 billion nights spent in tourist accommodation establishments, while Cyprus recorded robust performance in both overnight stays and revenues. According to Eurostat, ...

The Cyprus Stock Exchange (CSE) council on Wednesday announced the specific market shares held by its members during the trading period of February 2026. This official disclosure incorporates several detailed data ...

Telecoms provider Cyta on Wednesday announced that it secured five major distinctions from Ookla for the second of 2025, reaffirming its position as the fastest mobile network in Cyprus for the ...

Eurobank S.A. on Wednesday announced that The Capital Group Companies, Inc. reduced its indirect holding in the bank to below 5 per cent of voting rights. The announcement was made ...

Limassol’s evolving real estate landscape will take centre stage on March 17, when industry leaders, policymakers and investors gather at the 20th Real Estate, Property Development, Construction Conference and Exhibition ...

Nicosia has been ranked second among the top 20 destinations in Europe for 2026 by the European Best Destinations organisation, after receiving 109,214 votes from international travellers worldwide. According to a statement issued ...

The escalation of the conflict in the Middle East is expected to increase volatility across the global shipping sector, as major operators suspend or reroute cargo flows following the US ...

Woolworth (Cyprus) Properties Plc and Ermes Department Stores Plc have announced that they will hold their annual general meetings at their registered office in Nicosia. Firstly, Woolworth (Cyprus) Properties Plc ...

The Cyprus statistical service (Cystat) has reported that the island’s services and transport sectors achieved broad-based growth during the final quarter of 2025. The Turnover Value Index during the fourth ...