Cyprus Business News

Road freight transport activity in Cyprus recorded significant increases in both domestic and international movements during the fourth quarter of 2025, according to a report from the state statistical service (Cystat). ...

Cyprus has placed the strengthening of the Single Market at the centre of its EU Presidency agenda, Energy, Commerce and Industry Minister Michalis Damianou said on Friday. The minister delivered ...

Government officials, industry leaders and international institutions on Friday assessed Europe’s economic trajectory at the “Shaping Europe’s Growth and Competitiveness” conference held in Nicosia. The event, organised by ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it signed a strategic partnership agreement with the Cyprus Information Technology Enterprises Association (CITEA), aimed at strengthening the ...

Cyprus’ shipping sector was brought into the classroom on Friday, as sixth-grade pupils at the 2nd Primary School of Germasogeia took part in an interactive workshop aimed at introducing children ...

Cyprus’ high-end property market recorded €197.7 million in major transactions during the first quarter of 2026, with Limassol and Paphos dominating the island’s most expensive sales, according to data released by ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced the publication of a new investor guide aimed at strengthening financial literacy and protecting investors in the digital age. The ...

Investment firm Demetra Holdings Plc executed the purchase of 7,000 own shares through the Cyprus Investment & Securities Corp Ltd (CISCO) on May 14. According to an announcement on Friday, these buyback ...

Cosmos Insurance Public Company Ltd on Friday announced that its shareholders approved a €1 million dividend payout during the company’s annual general meeting held in Nicosia. The company confirmed that ...

Bank of Cyprus Holdings PLC on Friday disclosed that Eaton Vance Management had reduced its shareholding in the lender below the 3 per cent regulatory threshold, according to a formal notification ...

Global shipping is facing a fresh security threat off Somalia, as piracy re-emerges at a time when vessels are already being diverted away from the Red Sea and the Strait ...

The European Commission this week launched a formal public consultation regarding a draft revision of the Guidelines on State aid to the air transport sector to reflect post-pandemic market realities. ...

The Shipping Deputy Ministry’s long-planned relocation to a new headquarters at the former Nemitsa factory site in Limassol is moving closer, as the government examines plans for a landmark ...

The Enterprise Europe Network (EEN) branches in Cyprus, Greece, and the Czech Republic will host a significant research and innovation matchmaking gathering in Athens starting on June 8, 2026. The two-day international ...

Shipping must be treated as one of the foundations of Europe’s resilience agenda, Safe Bulkers CEO Polys Hajioannou said during the EU Trade Policy Retreat in Geneva, held in ...

Greek lender Alpha Bank this week announced that it will release its first quarter 2026 financial results on May 20, while also reporting major international distinctions for its economic research team. The ...

The redevelopment of Heroes Square and the surrounding streets is expected to be completed in June, around one month later than originally planned, according to Limassol Mayor Yiannis Armeftis.  Speaking ...

President challenges foreclosure amendment citing risks to financial stability — borrowers association rejects claims of unconstitutionality Serious constitutional and institutional concerns have been raised over a new foreclosure law, following a ...

Ellinas Finance Public Company Limited on Thursday submitted its annual remuneration report for 2025, outlining total compensation for board members and senior executives. The report was prepared by the company’s ...

The Central Bank of Cyprus (CBC) on Thursday reported that interest rates on new housing loans declined in March, while borrowing costs for businesses remained above the euro area average. ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Land Development Organisation (Koag) on Thursday announced the signing of a memorandum of cooperation aimed at strengthening housing and ...

The Cyprus Stock Exchange (CSE) on Thursday released a statement recapping its 30th anniversary event, highlighting its contribution to economic development and outlining future priorities. The exchange celebrated 30 years of ...

Cyprus’ real estate sector saw a sharp rise in building permits issued in January of this year, reflecting a significant expansion in construction activity. According to a report from the ...

Cyprus shipping remains strongly positioned for further growth, with the sector’s foundations, resilience and international role highlighted during the Cyprus Shipping Chamber’s (CSC) 37th annual general meeting in ...