Cyprus Business News

Eurobank announced the successful completion of its share buyback programme on Monday, following a final series of transactions conducted on the Euronext Athens during late April. Specifically, the bank stated ...

Retail trade turnover in Cyprus increased in March 2026, according to a report by the Cyprus Statistical Service (Cystat), reflecting continued growth in the sector. Specifically, the Turnover Value Index of ...

The Cyprus general government recorded a fiscal surplus of €573.3 million during January-March 2026, according to a report based on preliminary data by the Cyprus Statistical Service (Cystat). The surplus corresponded to 1.5 ...

Tourist arrivals to Cyprus increased significantly in 2025, highlighting a record-breaking year that stands in stark contrast to the sector’s declining fortunes in early 2026. Specifically, the Cyprus Statistical Service (Cystat) ...

Greek banking groups operating on the island can actively support the Cypriot economy, according to Bank of Greece governor Yannis Stournaras. Speaking to Phileleftheros, Stournaras stressed that Greek and Cypriot ...

Founder Institute and Plug and Play Centre enter the market Cyprus is entering a new phase in its startup evolution. Two global platforms are now establishing a presence on the ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou has travelled to the United States for a working visit, aiming to strengthen bilateral relations in innovation and technology. The ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday issued a statement welcoming the election of secretary general Philokypros Roussounides as vice president of Eurochambres‘ skills and employment committee. ...

By Dionysis Partsinevelos Cypriot startups are off to a good start in 2026. Funding data is still limited across sectors, but as of Q1 2026, there is one that stands out for ...

A sharp rise in DDoS attacks is placing Cyprus’ banking, payments and iGaming sectors at heightened risk, according to new data from cybersecurity firm Qrator Labs. The company’s first ...

Cyprus recorded one of the highest rates of weekend work in the European Union in 2025, with 31.3 per cent of employees usually working during weekends, according to Eurostat. This places Cyprus ...

Cyprus household financial assets reached €65.1 billion at the end of December 2025, while household debt stood at €19.8 billion, corresponding to 54 per cent of gross domestic product, according to the Central Bank ...

The average monthly earnings of employees in Cyprus rose to €2,605 in 2025, according to a report based on provisional data published by the state statistical service (Cystat). However, the median salary ...

The Paphos regional tourism board (Etap), in collaboration with Constantinou Bros Hotels, is hosting 36 members of the British Guild of Travel Writers in the city as part of a destination ...

Eurostat has reported that seasonally adjusted GDP increased by only 0.1 per cent in both the euro area and the wider EU during the first quarter of 2026. This preliminary flash estimate ...

The Bank of Cyprus (BoC) has released a statement related to its total issued share capital and voting rights, providing shareholders with updated figures for regulatory reporting purposes. The company ...

The Cyprus Employers and Industrialists Federation (Oev) and the Hellenic Federation of Enterprises (Sev) have signed a memorandum of cooperation, formalising their joint commitment to strengthening entrepreneurship, competitiveness and extroversion ...

The Cyprus Stock Exchange (CSE) council on Thursday announced the continued of the suspension of trading in shares of a number of New Market companies. According to the CSE, the ...

The Cyprus Gaming and Casino Supervision Authority has clarified that casinos operating on cruise ships and passenger vessels fall outside its regulatory framework, regardless of the vessel’s flag. The ...

Demetra Holdings PLC on Thursday announced that it executed a purchase of 6,565 own shares on April 29, acting in accordance with regulatory frameworks and a mandate from its last annual general ...

Cyprus recorded a decline in unemployment in March 2026, with the rate falling to 4.3 per cent, according to a report from Eurostat. This represents an improvement compared with March 2025, when unemployment ...

Cyprus recorded a significant increase in inflation in April 2026, with the annual rate estimated at 3 per cent, according to a flash estimate released by Eurostat. This marks a notable rise ...

Cyprus ranked among the lowest-performing EU countries in business investment in 2024, with a rate of 16 per cent, according to a report from Eurostat. The figure places Cyprus alongside Ireland at ...

Alpha Bank Cyprus on Thursday announced that it hosted an event titled “Reframing Strategy in the Age of AI”, bringing together senior executives from businesses and organisations across the Cypriot ...