Cyprus Business News

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 ...

Cyprus’ Deputy Ministry of Shipping on Tuesday said that there are currently 19 ships under the Cypriot flag operating in the Persian Gulf, adding that both the vessels and their crews ...

A €22 million mixed-use office and commercial tower is set to rise in Limassol’s Neapolis area after securing approval from the Environmental Authority, with construction expected to take 28 months from ...

Noatum CSM, a ship management joint venture established between AD Ports Group and Columbia Group, has signed a strategic collaboration agreement with GP General Procurement Company Limited, known as GenPro, ...

Eurobank S.A. announced this week that it had repurchased 1,622,263 of its own shares between February 24, 2026 and February 27, 2026, under its approved share buyback programme. The programme was approved pursuant to ...

The Bank of Cyprus (BoC) on Tuesday outlined updated financial targets and capital allocation plans at an investor presentation. At the same time, GlobalWealth Group PLC announced that the Bank ...

Paphos is stepping up efforts to deepen its footprint in the German market, as the Paphos Regional Tourism Board (Etap) takes part in ITB Berlin, held from March 3 to 5. According ...

YoungShip Cyprus hosted its Young Leader Award Ceremony during the ‘Melodies Across the Sea’ event in February 2026 at Limassol New Port, bringing together the maritime community, industry figures and young ...

Cyprus’ Deputy Ministry of Shipping on Tuesday said that there are currently 19 ships under the Cypriot flag operating in the Persian Gulf, adding that both the vessels and their crews ...

The Cyprus general government achieved a fiscal surplus of €939.2 million during the entirety of 2025, according to preliminary results released by the Cyprus Statistical Service (Cystat) on Tuesday. This positive balance ...

Euro area annual inflation is expected to reach 1.9 per cent in February 2026, up from 1.7 per cent in January, according to a flash estimate by Eurostat. The figures indicate a modest ...

Cyprus pitched itself as a strategic European gateway for Indian capital at the India–Cyprus Business and Investment Summit 2026 in Nicosia, with business and diplomatic leaders pointing to a partnership ...

The Deloitte AI Institute on Tuesday unveiled its new global study on artificial intelligence, revealing that organisations stand at the untapped edge of AI’s potential despite rising ambition. The ...

Digital financial literacy must begin early, as children in Cyprus and beyond are already immersed in a world of invisible and instant money, according to Cyprus Securities and Exchange Commission (...

The Research and Innovation Foundation (RIF) is taking part in a conference titled ‘4 Years From Now 2026‘, held within the framework of Mobile World Congress Barcelona 2026, alongside eight innovative Cypriot companies. ...

Eurobank Cyprus on Tuesday unveiled a new campaign aimed at supporting small and medium-sized enterprises with comprehensive banking and insurance solutions under the central message “all that your business needs ...

Alpha Bank Cyprus on Tuesday announced the launch of its new myAlpha Benefits subscription packages, introducing what it described as a substantial upgrade to the daily retail banking experience for ...

Shipping and air transport were thrown into turmoil this week as the Middle East conflict intensified, prompting fresh security warnings, a surge in tanker earnings and widespread suspensions across key ...

Venture capital firm Kinisis Ventures this week announced that portfolio company Threedium has been selected as one of just 10 companies worldwide to present on the main stage at NVIDIA GTC 2026. ...

Retail trade turnover in Cyprus increased in both value and volume terms during January of this year, according to figures released by the Cyprus Statistical Service (Cystat). The service reported ...

The global shipping industry has moved swiftly to shield fleets and crews as tensions between the United States, Israel and Iran spill into key maritime corridors, prompting warnings from governments, ...