Cyprus Business News

Cyprus has officially introduced a new immigration framework that allows student pilots and aircraft mechanics to enter the country under student status, a move that brings it in line with ...

The Cyprus economy grew by 3.9 per cent in real terms in 2024, according to revised national accounts data released on Monday by the state statistical service (Cystat). At current prices, Gross ...

The Central Bank of Cyprus (CBC) marked European and World Statistics Day 2025 on Monday, joining institutions across Europe and beyond in celebrating the vital role of official statistics in modern ...

Construction material prices in Cyprus rose by 1.44 per cent in September 2025, compared with the same month last year, even as costs remained largely stable from August. Specifically, the Cyprus Statistical ...

Cyprus is stepping into the global spotlight as a new centre for Earth observation, driven by a €38 million European research project that combines cutting-edge satellite technology with scientific expertise.   Based ...

The Cyprus Property Developers Association is promoting the establishment and registration of the profession of Land Development Entrepreneur, having already submitted a formal proposal to the Ministry of Interior.  The ...

Two major investment-focused events are coming up in December and January, both organised by IMH, aiming to attract investment and high net worth individuals (HNWIs) to Cyprus.  The first, the ...

Low-cost carrier Wizz Air announced on Monday that it will launch a new direct route between Larnaca and Bratislava, beginning on January 12, 2026. The airline said flights will operate three times ...

The leadership of the Cyprus-Greece Business Association, which operates under the auspices of the Cyprus Chamber of Commerce and Industry (Keve), recently met with new ambassador of Greece to Cyprus, ...

Tototheo Global released a statement on Monday recapping its participation at the recently held Maritime Cyprus 2025 conference. The company stated that it “reaffirmed its position as a leading maritime technology ...

The International Chamber of Shipping (ICS) expressed disappointment following the conclusion of the International Maritime Organisation’s (IMO) Extraordinary Session of the Marine Environment Protection Committee (MEPC) in London, where ...

The financial world is undergoing a “radical transformation” driven by new technologies like artificial intelligence (AI), open finance, and Big Data analytics, according to Panikkos Vakkou, Vice Chairman of the ...

Here are the top business stories in Cyprus from the week starting October 13: Cyprus’ property market is calmer this year, with foreign demand still providing momentum even as higher borrowing ...

The Research and Innovation Foundation (RIF) on Friday announced the signing of a strategic memorandum of understanding (MoU) with Tenstorrent, a firm specialising in AI hardware and open computing solutions. “...

The Cyprus Securities and Exchange Commission (CySEC) has released a trio of announcements detailing the withdrawal of a Cyprus Investment Firm (CIF) licence and the initiation of liquidation procedures for ...

The Research and Innovation Foundation (RIF) on Friday announced the signing of a strategic memorandum of understanding (MoU) with Tenstorrent, a firm specialising in AI hardware and open computing solutions. “...

Cyprus has emerged as the European Union (EU) leader for tourism growth in 2024, registering the highest year-on-year growth in overnight stays among all member states, according to Eurostat. The EU’...

The Central Bank of Cyprus (CBC) on Friday reported that the overall increase in house prices continued during the second quarter of 2025, driven largely by accelerated demand for apartments. The ...

Global mergers and acquisitions in 2025 tell a story of contrasts, with fewer deals being struck but total values soaring, reflecting a market driven by concentration rather than volume, according to ...

The Consumer Price Index (CPI) in Cyprus remained unchanged in September 2025 compared with September 2024, according to data released on Friday by the state statistical service. On a monthly basis, the ...

Astrobank Public Company Ltd has reduced its stake in Atlantic Insurance Company Public Ltd from 5.23 per cent to 4.85 per cent, according to a relevant announcement.  Atlantic Insurance announced that it ...

Cyprus registered the lowest inflation rate in the European Union in September 2025, with annual consumer prices remaining unchanged at 0.0 per cent, according to the latest figures released by Eurostat on ...

Demetra Holdings Plc on Friday announced that it has carried out a buyback of 7,300 own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO). According to a disclosure submitted ...

Ancoria Bank has announced a new interest rate of 1.50 per cent per annum for six-month Fixed Term Deposit Accounts, available to individuals and small to medium-sized enterprises (SMEs). The offer ...