Cyprus Business News

Cyprus shipping revenues reach €918 million in late 2024 One of the government’s main goals, the qualitative and further strengthening of the Cypriot ship registry, has been achieved, president Nikos Christodoulides ...

House prices in the EU and euro area continued their upward trend in the second quarter of 2025, rising by 5.4 per cent and 5.1 per cent respectively, while rents in the EU ...

Cyprus stands at an important moment in its maritime history. The shipping sector has always been a cornerstone of the island’s economy, but 2025 has brought a confluence of developments ...

Revenue from tourism in Cyprus rose by 8.2 per cent in July 2025, reaching €513 million, according to a report released on Monday by the state statistical service. Officials said this figure marked ...

The Cyprus Real Estate Agents Registration Council on Friday voiced strong opposition to key provisions of three draft bills currently being debated in parliament. In its statement, the council warned ...

Students from three continents join CING postgraduate courses The Cyprus Institute of Neurology and Genetics (CING) welcomed its new postgraduate students earlier this month, in what it described as an ...

The Enterprise Europe Network Cyprus, whose actions on the island are coordinated by the local chamber of commerce (Keve), has informed Cypriot businesses about an important opportunity to contribute to ...

The Central Bank of Cyprus (CBC) on Friday informed the public that all banks will be closed on Tuesday, October 28, in observance of Ochi (No) Day. Ochi Day commemorates the ...

Cyprus Cement Public Company Ltd on Friday announced that its board of directors will convene on October 14, in order to discuss a possible declaration of an interim dividend from the ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday informed regulated entities that the Unit for Combating Money Laundering (Mokas) has published its strategic analysis report for 2023–2024, providing key insights ...

The Central Bank of Cyprus (CBC) on Friday alerted the public to a forged letter that was discovered bearing the bank’s insignia and logos and demanding money from a ...

The industrial turnover index in Cyprus climbed to 159.9 units in July 2025, marking an increase of 3.5 per cent compared with July 2024, according to figures released on Friday by the state statistical ...

House prices in Cyprus recorded a modest year-on-year increase of 1 per cent during the second quarter of 2025, according to preliminary estimates published by the Cyprus Statistical Service (Cystat). In addition, ...

Cyprus recorded an unemployment rate of 5.1 per cent in August 2025, higher than the 5 per cent rate seen in July and up from 4.6 per cent in August 2024, according to figures published ...

The Cyprus Stock Exchange (CSE) on Friday announced that it will organise presentations on environmental, social and governance (ESG) assessment tools, as part of its ongoing strategy to enhance sustainable ...

Delivery platforms, such as Wolt, are seen as very important by 74 per cent of Cypriot partner businesses, according to the company’s 2025 local commerce survey. The research showed that more ...

Cyprus recorded the third largest increase in the European Union for short-term rental accommodation in the second quarter of 2025, with a rise of 29 per cent compared with the same period ...

The Cyprus Real Estate Agents Registration Council on Friday voiced strong opposition to key provisions of three draft bills currently being debated in parliament. In its statement, the council warned ...

Cyprus retail trade recorded strong growth in August 2025, driven by higher turnover and sales volume, according a report released this week by the Cyprus Statistical Service (Cystat). The Turnover Value ...

Inflation in Cyprus continued to decline on an annual basis for the fifth consecutive month in September, according to figures released this week by the Cyprus Statistical Service (Cystat). According ...

Finance Minister Makis Keravnos on Thursday handed over the draft state budget for 2026 amounting to €10.7 billion to House president Annita Demetriou, with the House expected to vote on it by ...

Cyprus-headquartered ASBISc Enterprises Plc, commonly referred to as Asbis, has announced the acquisition of CPT Praha spol. s r.o., a Czech distributor specialising in premium audio products. The board ...

The Digital Cooperation Organisation (DCO) announced the launch of its AI-REAL Toolkit at the G20 Digital Economy and Artificial Intelligence Ministers’ Meeting in Cape Town on Thursday, marking what it ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued new guidance on annual fees under the Digital Operational Resilience Act for the financial sector, known as DORA. The announcement ...