Cyprus Business News

Cyprus’ tax reform has revised rates and deductions and also substantially raised financial penalties, with the changes entering into force on January 1. According to Philenews, the objective is to make ...

A new strategic partnership is set to upgrade the private travel experience within Greece, as Zela Jet, owned by Cypriot entrepreneur Andreas Christodoulides, announces its collaboration with Fly Cycladic, one ...

President Nikos Christodoulides has referred back to parliament the law allowing hotels and tourist accommodation to operate for up to five years under a special permit, citing violations of the ...

The Central Bank of Cyprus (CBC) has reported an increased degree of convergence between the average interest rates of Cyprus credit institutions and those of the eurozone for both deposits ...

The European Central Bank (ECB) has published its latest wage tracker data showing that negotiated wage growth in the euro area is set to moderate in 2026, signalling easing pay pressures ...

Limassol Greens is entering a new phase of expansion in 2026, following a milestone year that saw the delivery of homes and the full launch of its golf course, confirming its ...

Chief Scientist Demetris Skourides participated in the EU-India Forum in New Delhi on February 6-7, in efforts to strengthen Cyprus’ positioning within the evolving EU-India Innovation and Technology Partnership. Skourides ...

The forex market requires strong emphasis on investor protection, proper information and cultivation of financial literacy, Finance Minister Makis Keravnos said on Wednesday. At the same time, Cyprus Securities and ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular requiring certain Cyprus Investment Firms (CIFs) to complete a new electronic cross-border reporting form covering their 2025 activities across ...

The Deputy Ministry of Tourism has confirmed the launch of regular direct flights between Kazakhstan and Cyprus, strengthening the island’s air connectivity with key international markets. The ministry described ...

The forex market requires strong emphasis on investor protection, proper information and cultivation of financial literacy, Finance Minister Makis Keravnos said on Wednesday. At the same time, Cyprus Securities and ...

Cyprus’ banking sector recovery after the 2013 crisis reflects “the coherent and consistent functioning of two essential pillars, banks’ commitment to act and supervisors’ firm oversight,” said George Ioannou, member of ...

Cyprus represents a mature and reliable choice for investors seeking access to the European Union, institutional security, and prospects for long-term returns, according to Cyprus Chamber of Commerce and Industry (...

Finance Minister Makis Keravnos expressed his satisfaction with the work performed by the financial commissioner’s office during a scheduled visit on Wednesday. Makis Keravnos said that he received a ...

SOFTSWISS, a global technology provider of software solutions for the iGaming industry, took part in TechIsland’s seventh MarComms Community Meetup in Cyprus, where its chief marketing officer Valentina Bagniya ...

Total government employment in Cyprus recorded an increase in January 2026, reaching 55,364 persons, according to a report released by the statistical service (Cystat) on Wednesday. The data showed mixed developments across ...

The number of bounced cheques recorded in Cyprus in January 2026 stood at 17, with a total value of €47,091, according to figures released on Wednesday by the Central Bank of Cyprus (CBC). ...

The Cyprus Land Development Organisation (Koag) is implementing 192 apartments under the affordable housing scheme, its president Elena Koushos Hadjidemetriou said at a press conference, outlining a wider expansion of the ...

Cyprus is highlighted in a new EU-backed study examining the gender investment gap across Europe, particularly in deep tech, a category of innovation which, according to the report, is central ...

The Cyprus Composite Leading Economic Index (CCLEI) recorded a year-on-year increase of 2.9 per cent in January 2026, according to the most recently revised data published by the Economics Research Centre (CypERC) ...

Business and investment opportunities between Cyprus and India took centre stage this week during a broad meeting and open discussion organised by the Famagusta chamber of commerce and industry for ...

Signals for the upcoming summer tourism season are encouraging, with a steady flow of bookings from all markets, particularly favouring the Famagusta district, according to Panayiotis Constantinou, president of Famagusta ...

Safe Bulkers companies were ranked among the world’s leading port state control (PSC) performers in the latest assessment by RISK4SEA, reinforcing the Cypriot-linked group’s safety record in ...

Freedom Holding Corp. this week reported resilient financial performance for the third quarter and nine months of fiscal year 2026, as the diversified financial services group continued to expand its global ...