Cyprus Business News

Cyprus’ retail sector continued its strong performance in June 2026, with both the value and volume of sales rising compared with a year earlier, according to figures released on Monday by ...

Cypriot shipping executive Thomas Kazakos has taken the International Chamber of Shipping’s (ICS) campaign for a toll-free Strait of Hormuz to Bahrain’s Foreign Minister, as the industry steps ...

Island Oil will contribute towards a scholarship for a newly admitted University of Cyprus student joining the MA in Peace, Conflict and Democracy for the 2026/2027 academic year. The scholarship will ...

Greek lender Eurobank S.A. executed a €2.46 million share buyback between July 27, 2026 and July 31, 2026 as part of its ongoing capital management programme, the Greek lender announced on August 3, 2026. The transaction ...

A Cyprus Chamber of Commerce and Industry (Keve) member association representing property valuers has warned that online property valuation tools and automated valuation systems should only be treated as indicative ...

Limassol-based Lemissoler Navigation has named MV Lem Azalea and MV Lem Plumeria, the first two vessels in its four-ship dual-fuel methanol newbuilding programme. The naming ceremony took place end of ...

Cyprus’ economic sentiment continued to improve in July 2026, supported by stronger confidence among businesses in the services and retail trade sectors, according to the latest business and consumer surveys published ...

The European Union’s electric vehicle market rebounded strongly in 2025, while Cyprus continued its gradual shift towards electrified transport with hybrid cars accounting for more than half of new passenger ...

Organising a holiday is one of the few ways I can turn five days of rest into a part-time administrative position.  I open seventeen browser tabs, compare the same flight ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that the Confederation of Indian Industry, in association with the Indian Space Research Organisation, IN-SPACe, and NewSpace India Limited, is ...

Here are the top business stories in Cyprus from the week starting July 27: Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), ...

Cyprus may be worrying about the wrong labour crisis. The familiar fear is that artificial intelligence will leave people without jobs. The more immediate danger is that the island will ...

The Central Bank of Cyprus (CBC) has set the reference interest rate at 11.32 per cent under Article 314A of the Criminal Code Law (Cap. 154). The central bank said the reference ...

The Central Bank of Cyprus (CBC) on Friday published a new Economic Brief examining how the European Central Bank’s (ECB) recent monetary policy cycle reshaped the composition of bank ...

By Konstantina Logotheti There are moments that stay with us forever. Moments when a single sound, a single word, or a single smile is enough to make time stand still. ...

Eurobank on Friday reported €738 million in net profit for the first half of 2026, with its Cyprus operations contributing €231 million as the group raised its full-year outlook following stronger-than-expected performance. Adjusted ...

The Central Bank of Cyprus (CBC) on Friday highlighted the results of the European Central Bank’s (ECB) thematic reverse stress test on geopolitical risks, which assessed how 110 euro area ...

Annual consumer inflation in Cyprus stood at an estimated 4 per cent in July 2026, according to preliminary data released by Eurostat on Friday. This headline figure reflects a slight cooling from ...

The Cyprus Statistical Service (Cystat) on Friday reported that the Index of Industrial Output Prices recorded an annual increase of 2.3 per cent in June 2026. The index reached 125.8 units during the ...

Household financial assets reach €65.30bn, central bank reports The Central Bank of Cyprus (CBC) on Friday published its Quarterly Financial Accounts for the reporting period ending in March 2026, providing an ...

Energy company Shell said on Friday it had ‌agreed to sell its BG Cyprus unit to Hungarian oil and gas firm MOL Group for up to $720 million, as the British ...

Cyprus fiscal surplus reaches 1.1 per cent of GDP Cyprus recorded a general government fiscal surplus of €420.30 million in the first six months of 2026, equivalent to 1.1 per cent of GDP, according ...

The total number of automated teller machines (ATMs) across Cyprus fell slightly from 398 at the end of the second half of 2024 to 396 at the end of the second half of 2025, ...

Vassiliko Cement Works Public Company Ltd on Friday reported a first-half profit of €23.23 million, up from €19.51 million a year earlier, as stronger domestic cement sales and improved clinker export prices ...