Cyprus Business News

Cyprus will host one of the most significant events in the European tourism and hospitality industry this year, as the 91st General Assembly of HOTREC is set to take place ...

GlobalWealth Group PLC, a company registered and headquartered Cyprus, has announced the signing of a final investment agreement with the London-based Wealthyhood Ltd. The deal was completed on September 14, 2025, following ...

Cyprus marked the 65th anniversary of its independence with a celebratory event in London earlier this week, where Deputy Minister of Shipping Marina Hadjimanolis spoke on a number of key ...

Cyprus and the United Arab Emirates reaffirmed their commitment to strengthening bilateral economic relations and investment cooperation during a meeting between Cyprus’ Minister of Energy, George Papanastasiou, and the UAE ...

The top 100 most valuable real estate transactions in Cyprus during July and August 2025 totalled €201.4 million, according to data released by property technology firm Ask Wire, which monitors real estate transactions, ...

Finance Minister Makis Keravnos welcomed the International Monetary Fund’s (IMF) latest forecasts on Wednesday, saying they confirm both government projections and the continued strong performance and resilience of the ...

Cypriot banks hold the highest levels of liquidity in the eurozone but maintain the lowest loan-to-deposit ratio, according to the Cyprus Borrowers Association (Syprodat). The association said that “to strike ...

Building permits in Cyprus fell sharply by 58.4 per cent in June 2025, according to the Statistical Service (Cystat), reflecting a sharp slowdown in construction activity following administrative changes to the licensing ...

The Research and Innovation Foundation (RIF) celebrated Cyprus’ young innovators and future scientists during a special award ceremony held at the State Fairgrounds in Nicosia, as part of the 19th ...

Demetra Holdings Plc on Wednesday announced the completion of an own shares buyback, purchasing 4,907 shares at a weighted average price of 1.662 cents. The transaction details, shared on the Cyprus Stock ...

Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology group and the parent company of the Freedom24 investment platform, has been added to The Motley Fool’s Moneyball ...

The Bank of Cyprus on Wednesday announced that it won 11 awards in Global Finance’s 2025 World’s Best Digital Bank Awards, including two regional honours for Western Europe. The bank ...

The Cyprus Union of Shipowners (CUS) has appealed to EU Member States, and in particular to the Government of the Republic of Cyprus, to vote against the proposed International Maritime ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Hungarian Export Promotion Agency and Europe Direct Attica – PRAXI Network, is hosting a webinar on business opportunities in ...

The Cyprus Securities and Exchange Commission (CySEC) has called on investment fund managers to take note of new guidance issued by the European Securities and Markets Authority (ESMA) on how ...

Ship management revenues in Cyprus rose to €978 million in the first half of 2025, marking a 6.7 per cent increase compared with the second half of 2024, according to the Central Bank of ...

The Cyprus Shipping Chamber (CSC) has welcomed the continued growth of the island’s ship management industry, highlighting its increasing contribution to the Cypriot economy. In a statement issued this ...

K+G Complex Public Company Ltd has announced that its board of directors will meet on October 27, 2025, to consider the possible declaration of an interim dividend from the company’s 2025 ...

The International Monetary Fund (IMF) has upgraded its economic growth forecasts for Cyprus for both 2025 and 2026 in its October World Economic Outlook, compared with its April projections. The IMF now ...

The Cyprus Securities and Exchange Commission (CySEC) has announced the withdrawal of the Cyprus Investment Firm (CIF) authorisation for VPR Safe Financial Group Ltd. The announcement date for the decision ...

Top App Games partners with Aptoide for Ludus expansion Cyprus-based mobile game developer Top App Games Ltd. has partnered with Aptoide, the alternative Android distribution platform, to expand its hit ...

The European Commission’s sweeping proposal to overhaul tobacco and nicotine taxation has triggered strong reactions among EU member states after its presentation at the Economic and Financial Affairs Council (...

The Cyprus Shipping Deputy Ministry (SDM) on Tuesday announced the official launch of the Cyprus Shipping 1-Stop-Shop Portal (CYSh1P), a centralised digital platform designed to streamline and modernise all ...

The average gross monthly earnings of employees in Cyprus rose by 5.1 per cent in 2024, reaching €2,483, according to a report released on Tuesday by the state statistical service (Cystat). The median ...