Cyprus Business News

Deputy Tourism Minister hails Cyprus’ tourism performance Deputy Tourism Minister Kostas Koumis on Tuesday expressed satisfaction with the tourism figures for October, following a surge in arrivals that surpassed the ...

Government spokesman Konstantinos Letymbiotis on Tuesday welcomed the European Commission’s autumn economic forecast for Cyprus, which revised the country’s economic growth for 2025 upwards. “The findings of the European ...

The Cyprus Marine Club gathered more than 100 maritime professionals for its latest networking event, ‘From Sea to Sushi – Celebrating Seafaring and Flavour’, held at Gazebo Mare. The evening mixed professional ...

Salamis Lines Ltd, part of Salamis Organisation, has signed a Memorandum of Agreement for the purchase of a new RO/RO vessel as part of its broader plan to expand ...

Cyprus strengthened its tech and business ties with Qatar earlier this month, following a delegation to Doha organised by the employers and industrialists federation (Oev) and the Cyprus Information Technology ...

Loan and real estate management company doValue Cyprus on Turesday announced that it has “strengthened its position in the domestic non-performing loan servicing market after taking on a new portfolio ...

The Bank of Cyprus (BoC) has launched a new youth-focused initiative aimed at tackling environmental risks. According to an announcement released on Tuesday, the bank recently held its first event ...

The Cyprus Chamber of Commerce and Industry (Keve) recently completed a high-level business mission to Beijing, according to an announcement released on Tuesday. The chamber said that the event highlighted ...

Finance Minister Makis Keravnos has welcomed the European Commission’s autumn 2025 economic forecast, saying that the findings confirm the economy’s “steady progress, resilience and dynamics” despite geopolitical pressures. In ...

The Central Bank of Cyprus (CBC), part of the Eurosystem, released its summary balance sheet this week, which showed that the institution’s total assets and liabilities stood at €30.49 billion ...

Cyprus recorded a strong rise in both tourist arrivals and resident returns in October 2025, underscoring a robust rebound in travel activity. According to the Cyprus Statistical Service (Cystat), tourist arrivals ...

Cyprus Seeds has announced the renewed commitment of The Hellenic Initiative, marking the seventh consecutive year of support from the organisation that helped establish and sustain the programme’s mission. ...

The National Bank of Greece (NBG) in Cyprus announced this week that it is joining forces with the University of Cyprus to support the Cyprus Entrepreneurship Competition (CyEC) 2025 through its ...

Demetra Holdings Plc has repurchased 8,386 of its own shares at an average price of 1.617 cents, the company announced on Monday. The share buyback was carried out on November 14 through CISCO, ...

The Finance Ministry on Monday announced that the TB13H25 series of government bonds will mature on November 28, 2025. They added that the last day for trading these government bonds will ...

Ermes Department Stores Plc recorded a net profit of €15.3 million in the first half of 2025, primarily due to the completion of the disposal of its subsidiary Superhome Center DIY Ltd. ...

Woolworth (Cyprus) Properties Plc reported a sharp swing to profit for the first half of 2025, driven by lower financing costs, reduced administrative expenses and the completion of major debt-related transactions. ...

Cyprus recorded a strong rise in both tourist arrivals and resident returns in October 2025, underscoring a robust rebound in travel activity. According to the Cyprus Statistical Service (Cystat), tourist arrivals ...

The number of building permits issued in Cyprus during the first seven months of the year recorded a notable decline, despite increases in total value and area, according to a ...

The European Union (EU) allocated €1.72 trillion to healthcare in 2023, an amount equal to 10 per cent of the bloc’s gross domestic product, according to Eurostat. Germany recorded the highest level ...

Greek retailer Jumbo Group delivered a strong performance in October 2025, recording a double-digit rise in sales and maintaining its growth momentum despite a volatile international backdrop. According to the company, ...

The Cyprus Investment and Securities Corporation Ltd (CISCO) has been named the best asset management company in Cyprus for 2025 by Global Banking and Finance Review magazine. CISCO previously secured the ...

Nicosia is pushing ahead with the biggest expansion of its hotel stock in years, with projects that are expected to more than double the capital’s capacity by 2027. The city ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement summarising the recently-held annual general meeting of the Cyprus association of real estate agents, which forms part ...