Cyprus Business News

Renewable energy sources supplied 47.5 per cent of gross electricity consumption in the European Union in 2024, with Cyprus recording one of the lowest shares in the bloc, according to Eurostat. The ...

Occupancy levels across Cyprus’ hotel sector in 2025 broadly matched those recorded a year earlier and, in some cases, edged slightly higher, reinforcing a second consecutive year of stable performance, according ...

The implementation of the EU-funded ReTour programme, designed to strengthen the resilience of small and medium-sized enterprises in the tourism sector across the Mediterranean, has officially begun, including in Cyprus. ...

Kinisis Ventures closed the final quarter of 2025 with its Fund I and Fund II portfolios demonstrating significant operational maturity and disciplined execution across the technology spectrum, ranging from artificial intelligence ...

Major sectoral labour agreements have been concluded, but negotiations are now turning to the renewal of business-level collective contracts in the private sector, a process expected to affect several thousand ...

Deputy Ministry of Shipping director general Theodoulos Mesimeris expects that the new comprehensive strategy to prevent, monitor, and respond to marine pollution will be ready before the summer season begins. ...

The Cyprus Composite Leading Economic Index recorded an annual increase of 2.0 per cent in December 2025, according to the Economics Research Centre of the University of Cyprus. The centre said the ...

Europe’s research and innovation ecosystem was placed in the spotlight following an official visit by Poland’s deputy prime minister and minister of digital affairs, Krzysztof Gawkowski, to the ...

The Cyprus Borrower Protection Association, known as Syprodat, said it remains available to borrowers for information, guidance and support, helping improve understanding of housing credit and seeking sustainable solutions that ...

Europe remained Cyprus’ biggest foreign direct investment partner in 2024, with inward FDI stock from the continent standing at €295.29 billion, according to the latest data released by the Central Bank of ...

Tributes from financial and research institutions across Cyprus poured in after former President of the Republic of Cyprus George Vassiliou passed away on Wednesday, January 14, with key bodies highlighting his ...

Cyprus recorded a marginal current account deficit of approximately €100 million during the third quarter of 2025, according to Eurostat. At the same time, the broader European Union saw its overall surplus ...

The Cyprus Statistical Service (Cystat) on Thursday reported an increase in building permit activity during September 2025, reflecting continued momentum in construction and housing development. According to the report, the number ...

The Association of Cyprus Banks and the Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced the launch of a new strategic collaboration aimed at strengthening information, transparency and ...

Cyprus’ residential property market continued to show clear regional contrasts during the first ten months of 2025, shaped by both high-value investment and steady domestic demand, according to a report from ...

Major sectoral labour agreements have been concluded, but negotiations are now turning to the renewal of business-level collective contracts in the private sector, a process expected to affect several thousand ...

From ship design and voyage optimisation to electronic bills of lading and AI-assisted safety and compliance, maritime leaders featured in this special column agree on one thing: data, automation and ...

The captain and crew of MV Cymona Eagle, managed by Athens-based Alassia NewShips Management Inc, have been commended for their “exceptional seamanship” and “outstanding efforts” after rescuing a lone rower, ...

Altegio managing partner Yri Petrou recently spoke to the Cyprus Mail about the rapid international expansion of the company’s software-as-a-service (Saas) platform, its post-2022 strategic reset and the growing ...

PwC Cyprus hosted a Cyprus–India AI event in Nicosia this week, bringing together business and academic leaders to discuss artificial intelligence (AI) collaboration and its role in innovation and ...

PwC Cyprus hosted a Cyprus–India AI event in Nicosia this week, bringing together business and academic leaders to discuss artificial intelligence (AI) collaboration and its role in innovation and ...

The number of bounced cheques in Cyprus declined further in 2025, falling to 213, according to figures released on Wednesday by the Central Bank of Cyprus (CBC). This compares with 300 in 2024, 356 in 2023 ...

Constantinos Herodotou has made it onto the final short list of candidates for the presidency of the European Banking Authority (EBA), becoming the first Cypriot to reach the last stage ...

Cyprus’ tax reform introduces changes to capital gains tax covering property exchanges, property sales and the disposal of shares linked to real estate. Amendments to the capital gains law extend ...