Cyprus Business News

Eurobank S.A. on Monday announced that it repurchased a total of 1,837,451 of its own shares between March 23, 2026 and March 27, 2026 under its ongoing share buyback programme. During the period from ...

The Statistical Service of Cyprus (Cystat) has reported that the Industrial Production Index recorded a year-on-year increase of 3.7 per cent in January 2026. The index reached 109.5 units during this time, with 2021 ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday announced the successful completion of its participation in Global Money Week 2026, delivering a comprehensive programme of activities across Cyprus. According to ...

On a cool evening in Paphos, as the world’s top chess players gathered for one of the sport’s most prestigious tournaments, a parallel conversation was unfolding about a ...

Greece and Cyprus are especially exposed to geopolitical shocks from the Middle East because tourism and shipping play an outsized role in both economies, despite a period of resilient growth, ...

Cyprus’ Customs Department on Monday announced a 5.6 per cent increase in total revenues for 2025 compared with 2024. In absolute terms, this increase translates into more than €75 million in additional inflows to ...

Cyprus’ hospitality venues association (Pasika) on Monday urged the government to widen its support response to businesses hit by the Middle East crisis, saying the sector had been left outside ...

Hermes Airports on Monday announced the arrival of Discover Airlines at Larnaca Airport, marking the Lufthansa Group carrier’s first-ever operations to Cyprus. The airline, a member of the Lufthansa ...

The Bank of Cyprus on Monday announced that it once again secured two major distinctions at the Euromoney Private Banking Awards 2026, marking its second consecutive year of recognition. Specifically, the ...

The Famagusta district is coming under economic pressure from the fallout of the Middle East war, with Paralimni-Deryneia mayor Giorgos Nikolettos saying government support measures are a step in the ...

Cypriot businesses are still grappling with high energy costs, with employers’ federation Oev warning that the issue remains a major threat to competitiveness even as the country pushes ahead with ...

Chief Scientist of the Republic of Cyprus, Demetris Skourides, delivered a high-level keynote address at the G100 Greece Diplomatic Meetings in Athens, positioning inclusive leadership not as a social imperative ...

Cyprus’ Deputy Ministry of Shipping will hold its third annual educational day, “I Know the World of Shipping,” on Tuesday, March 31, in Limassol, as part of efforts to bring more ...

Cyprus has been ranked among the lowest member states in the European Union for road freight transport share in 2024, highlighting the country’s continued reliance on maritime transport. According to ...

Here are the top business stories in Cyprus from the week starting March 23: Parliament is set to examine a bill that would give hundreds of hotels and tourist accommodation providers ...

Telecoms provider Cyta on Friday welcomed the decision by the House of Representatives to approve legislation allowing the organisation to enter the energy sector, describing it as a pivotal step ...

Fiscal Council president Michalis Persianis on Friday announced his intention to step down from the role in a post on Facebook. In his announcement, he stated that he had already ...

Telecoms provider Cyta on Friday welcomed the decision by the House of Representatives to approve legislation allowing the organisation to enter the energy sector, describing it as a pivotal step ...

Cyprus hospitality owners association Osika has urged President Nikos Christodoulides to extend the government’s support measures to the food and catering sector, arguing that restaurants and similar venues are ...

The European Central Bank should not rush to raise rates in response ​to surging energy costs, as its “baseline” outlook remains intact and there is no sign yet that ‌inflation ...

The Cyprus Statistical Service (Cystat) on Friday reported that total petroleum product sales in February 2026 reached 111,922 tonnes, marking a 0.1 per cent year-on-year increase compared to February 2025. However, the figures reflect ...

Cyprus will begin screening certain foreign direct investments (FDI) from April 2, 2026, under a new law aimed at safeguarding national security and public order while aligning the country with the EU’...

The House of Representatives has unanimously approved the Cyprus Ports Authority (CPA) budget, amounting to €83,950,909. Notably, the 2026 budget is in deficit, with projected expenditure of €83,950,909 and expected revenue of €65,190,938. The ...

ERB Asfalistiki, a member of the Eurobank Group, on Friday announced that it delivered a firefighting training simulator to the Cyprus fire service, strengthening their long-standing cooperation on fire safety. ...