Cyprus Business News

Cyprus is losing millions in unpaid taxes after thousands of cases fell outside the legal deadline for assessment, the audit service has warned. In its latest report on the tax ...

VAT revenues from the EU’s e-commerce systems brought €257.9 million into Cyprus’ coffers in 2024, according to tax commissioner Sotiris Markides. Through the One Stop Shop (OSS) and Import One Stop ...

The Bank of Cyprus is doubling down on its innovation drive this October, launching its sixth fintech hackathon while also joining TechIsland’s donor network to help strengthen the island’...

The International Maritime Organisation’s (IMO) Maritime Safety Committee (MSC) has called for a comprehensive overhaul of the International Safety Management (ISM) Code, warning that the rules no longer reflect ...

Rental prices in Cyprus have not increased significantly, as the market has successfully managed to balance rising demand, particularly from students, with the addition of new housing units, according to ...

Cybersecurity concerns are intensifying in Cyprus as global Distributed Denial of Service (DDoS) attacks rise sharply, placing pressure on national infrastructure and prompting renewed investment in digital defences. A new ...

The Cyprus Chamber of Commerce and Industry (Keve), in its role as coordinator of the Enterprise Europe Network Cyprus, will host a women’s business delegation from Lithuania on September 24, 2025. ...

Here are the top business stories in Cyprus from the week starting August 4: Cyprus recorded the lowest annual inflation rate among eurozone countries in July 2025, with consumer prices rising by ...

The European Commission has disbursed nearly €76 million to Cyprus, representing the fourth payment under the Recovery and Resilience Facility (RRF), a key part of NextGenerationEU. In total, the commission has ...

Star Bulk Carriers, with ship management offices in Limassol, Cyprus, has reported its 20th consecutive profitable quarter, posting second-quarter 2025 net income of US$0.04 million, EBITDA of US$55.9 million and a ...

The European Commission has disbursed nearly €76 million to Cyprus, representing the fourth payment under the Recovery and Resilience Facility (RRF), a key part of NextGenerationEU. In total, the commission has ...

The Association of Cyprus Banks and the Union of Arab Banks have agreed to set up a new platform to strengthen cooperation between the two banking systems, following the signing ...

The Cyprus Real Estate Agents Registration Council has successfully concluded its cycle of regional information meetings across all cities in the government-controlled areas of Cyprus. According to an announcement released ...

Limassol port manager DP World Limassol on Friday announced that it has completed its annual internship programme for university students in Cyprus. According to the announcement, the company offered a ...

Cyprus recorded an increase in motor vehicle registrations in July 2025, with total registrations rising by 13.7 per cent to 5,246, compared with 4,614 in July 2024, according to data from the Statistical Service (Cystat) ...

The Cyprus statistical service (Cystat) on Friday reported a 13.8 per cent drop in the number of building permits issued in April, when compared with the same month last year.  According ...

The Bank of Cyprus Holdings Public Limited Company on Friday announced that 8,573 additional ordinary shares with a nominal value of €0.10 each were issued on May 28, 2025 to three executives under its ...

The Non-Performing Loans (NPL) ratio in the Cypriot banking sector fell to 5.9 per cent at the end of April, down from 6.1 per cent at the end of March, according to ...

The Deputy Shipping Ministry on Friday issued a statement summarising Deputy Minister Marina Hadjimanolis’ participation at the 3rd UN Conference on Landlocked Developing Countries (LLDC3). The conference, held in Awaza, ...

The Cyprus Investment and Securities Corporation (CISCO), a wholly owned subsidiary of the Bank of Cyprus Group, on Friday announced a strategic partnership with global asset manager Schroders to launch ...

Paphos is facing the same problems as Cyprus’ wider tourism sector, including seasonality, infrastructure gaps and water shortages, according to Nasos Hadjigeorgiou, executive director of the Paphos regional tourism board (...

The Enterprise Europe Network Warsaw, in collaboration with the Digital Economy Lab of the University of Warsaw, has announced the organisation of DEICy 2025, a comprehensive online event focusing on the ...

Eurobank remains the top pick among Greek lenders, according to the latest analysis by Jefferies, a global, full-service investment banking and capital markets firm. The firm maintained its “buy” rating ...

The Cyprus Stock Exchange (CSE) on Thursday announced the listing of additional shares for Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the CSE, ...