Cyprus Business News

Cyprus’ housing market is showing renewed signs of pressure, with house prices and rents rising faster than the EU average, even though households on the island remain less burdened by ...

Cyprus must focus on commercialising research into market-ready products, according to Rana K. Gupta, Executive Director of the MIT Deshpande Centre, who spoke to the Cyprus Mail ahead of his ...

The redevelopment of Heroes Square and the surrounding streets in central Limassol is expected to be delivered on June 15, around a month later than initially planned, Limassol Mayor Yiannis Armeftis ...

The Finance Ministry on Tuesday confirmed that trading in the 13-week Treasury Bills of the second 2026 issuance will end on May 25, 2026, ahead of their maturity on May 29, 2026. The announcement concerns ...

The Bank of Cyprus (BoC) on Tuesday announced that 276,274 new shares issued to senior executives under incentive schemes will begin trading on May 20, 2026, on both Euronext Athens and the Cyprus ...

The Central Bank of Cyprus (CBC) on Tuesday issued an official public notice announcing that all banking institutions across the island will be closed to the public on June 1, 2026. The ...

European Maritime Day (EMD) 2026 will take place in Limassol on May 21 and 22, bringing Europe’s maritime community to Cyprus for two days of discussions on maritime affairs, the sustainable blue ...

Paphos is stepping up efforts to strengthen its position as a smart and sustainable tourism destination through its participation in the European project SMART TOUR – Smart Tourism, Smart Destinations.  The ...

Demetra Holdings PLC on Tuesday announced it completed the purchase of 6,540 of its own shares through the Cyprus Investment and Securities Corporation Limited (CISCO) on May 18, just weeks ahead of ...

Koumis signals cautious optimism for tourism recovery Deputy Minister of Tourism Kostas Koumis on Tuesday said that Cyprus’ tourism sector is showing signs of gradual recovery, urging caution in interpreting ...

Limassol breaks into global top 200 startup cities The Research and Innovation Foundation (RIF) on Tuesday highlighted Cyprus’ strong performance in the StartupBlink Global Startup Ecosystem Index 2026, with the country climbing ...

Greek lender Eurobank S.A. on Tuesday announced the successful pricing of a €700 million senior preferred bond issue, marking a strong return to debt markets supported by robust investor demand. ...

European Affairs Deputy Minister Marilena Raouna travelled to Strasbourg this week to represent the Council of the European Union at the European Parliament’s plenary session, with cybersecurity and Europe’...

Revocations of certificates and permits issued through Cyprus’ fast-track licensing procedure should be halted until a wider review is completed, Cyprus’ Scientific and Technical Chamber (Etek) said after a meeting ...

Cyprus is already seeing the first results of its upgraded relationship with India, President Nikos Christodoulides said this week, pointing to growing interest from Indian businesses using the island as ...

Cyprus’ Shipping Deputy Ministry marked the International Day for Women in Maritime with a cocktail reception honouring the role of women across the shipping sector and recognising efforts to promote ...

WISTA Cyprus marked the International Day for Women in Maritime by reaffirming its commitment to strengthening visibility, representation and leadership opportunities for women across the maritime sector. The day, celebrated ...

Cyprus must focus on commercialising research into market-ready products, according to Rana K. Gupta, Executive Director of the MIT Deshpande Centre, who spoke to the Cyprus Mail ahead of his ...

The European Central Bank (ECB) has published a paper warning that Europe’s fragmented energy system continues to expose firms to high and uneven energy costs, with particular implications for ...

The Bank of Cyprus (BoC) on Monday announced that shareholders approved a final cash dividend of €0.50 per share for the 2025 financial year, marking the largest payout since the bank resumed ...

Columbia Cruise Services (CCS) has expanded its presence in China with the opening of a new office in Shanghai, located next to its cruise partner Adora Cruises. According to a ...

American investment house Jefferies recently issued a comprehensive financial update raising its target price for the National Bank of Greece (NBG) to €18.10 from the previous valuation of €17.00. The equity research ...

Association of Cyprus Travel and Tourism Agents (ACTTA) president Charis Papacharalambous on Monday outlined a cautious outlook for the island’s tourism sector, warning of continued pressures but expressing hope ...

The Association of Cyprus Banks (ACB) announced on Monday that Cyprus will host the official meetings of the European Banking Federation (EBF) this week, placing the island at the centre ...