Cyprus Business News

Cyprus’ construction material prices rose again in August, with electrical fixtures, plastics and aluminium products recording some of the sharpest annual increases, according to figures released by the statistical service (...

Cyprus ranked fourth from last in the European Union for the share of electricity generated from renewable sources in the second quarter of 2026, according to a report from Eurostat. Only ...

Investment and access to financing will be central to the future development of Cyprus’ healthcare sector, according to Eurobank, which participated in the 9th Cyprus Healthcare Conference in Nicosia. The ...

The Cyprus Stock Exchange (CSE) announced on Friday the listing of 101,410,900 additional ordinary shares of MHV Mediterranean Hospitality Venture Plc on its market. The decision was taken in accordance with ...

The Investors Compensation Fund has withdrawn the membership of investment firm R.I.A.L Raising Investment Advisory Ltd following the company’s voluntary renunciation of the license. The Investors ...

Petrolina (Holdings) Public Ltd will review its first-half 2026 results and the possibility of a second interim dividend at a board meeting on September 28, 2026, the company announced on Friday. The company’...

A tourism-led environmental initiative launched in Cyprus will expand to Greece this year, bringing businesses and organisations from both countries together for a cross-border clean-up campaign on September 25, 2026. ‘Tourism Cares: ...

Alkis H. Hadjikyriacos (Frou Frou Biscuits) Public Ltd reported a 28.5 per cent rise in net profit to €2.57 million for the first half of 2026, as higher sales, increased dividend income and ...

Cyprus expects a stronger flow of French tourists in 2027 as airlines add capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after talks with tour operators at the ...

Cyprus is moving to overhaul the legal framework governing which ships can join its register, widening access to the Cyprus flag while tightening sanctions rules and updating ship-finance provisions under ...

The proposed pension reform was discussed by Labour Minister Marinos Mousiouttas and International Labour Organisation (ILO) actuary Costas Stavrakis with the board of the Employers and Industrialists Federation (Oev) on ...

Cyprus used its first official national pavilion at SMM Hamburg 2026 to put the island’s maritime technology and services before a record international audience, as local companies sought new business ...

Cyprus Cement Public Company Ltd has announced that it bought back 600 of its own shares on September 16, 2026, in line with a decision approved by shareholders earlier this year. The company ...

Cypriot Finance Minister Makis Keravnos travelled to Dublin on Thursday for the Eurogroup and informal meeting of EU finance ministers, where discussions are set to cover economic pressures, banking competitiveness, ...

Cyprus’ short-term economic outlook returned to marginal growth territory in August, according to the latest Composite Leading Economic Index (CCLEI) from the Economics Research Centre of the University of Cyprus (...

The University of Cyprus and the Sievert Larsson Scholarship Foundation have renewed an agreement providing 20 scholarships worth a total of €20,000 to students facing financial difficulties. The scholarships will be awarded ...

The Central Bank of Cyprus (CBC) has confirmed that all banks in Cyprus will be closed on Thursday, October 1, 2026, for Cyprus’ independence day. The closure means customers will not be ...

The Cyprus property market remains strong but faces structural weaknesses and rising costs that could affect its future development, according to speakers at this year’s Cyprus Property Show, where ...

By Bulat Latypov, Chief Communications Officer, Freedom24 I should say plainly, before anything else: I work for Freedom24, whose parent company, Freedom Holding Corp, is run by Timur Turlov — one ...

Limassol-based Top App Games reported $29 million in gross turnover in the first half of 2026 from its mobile game Ludus: Merge Arena on Thursday, as the Cyprus-based developer said the title ...

The non-performing loan ratio of Cyprus’s banking sector remained unchanged at 1.6 per cent at the end of June 2026, according to updated data published by the Central Bank of Cyprus (...

Cyprus’ technology and business sectors are seeking closer cooperation on digital transformation and artificial intelligence, following talks between the Cyprus Information Technology Enterprises Association (CITEA) and the Employers and Industrialists ...

Cyprus banks recorded €456 million in profit in the first six months of 2026, down by €122 million, representing a decrease of 21.1 per cent compared with the same period last year, according to ...

The Central Bank of Cyprus (CBC) expects economic growth to slow this year as the Middle East conflict weighs on tourism and investment, while inflation is projected to rise sharply, ...