Cyprus Business News

The Cyprus Forum London returned for a second year in May, hosted at the High Commission of Cyprus in the United Kingdom and co-organised by Oxygen for Democracy in collaboration ...

Cyprus strengthens its bid to become a recognised hub for international film production, as Copper Island, an international production company with operations across the United States, the United Kingdom, Europe ...

Kornos is undergoing a major transformation, with two flagship projects worth over €20 million already launched or heading for implementation, according to Lefkara mayor Sofoklis Sofokleous. “The municipal district of Kornos ...

AMAZON. SAS Ltd is moving ahead with plans to construct a pharmaceutical manufacturing facility in Limassol, following approval from the Environmental Authority. The €4 million project will be located in the ...

A renewed deterioration in the business climate within the services sector contributed to a further decline in economic sentiment in Cyprus in May, with the Economic Sentiment Indicator (ESI-CypERC) dropping ...

The 1st Annual General Meeting (AGM) of C.M.C.L. – Cyprus Marine Club Limited –in Limassol, marking its shift to a company limited by guarantee and electing a new ...

Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a turning point in efforts to cut red tape, attract investment and support entrepreneurship. ...

Cyprus’ housing market continued to cool in the fourth quarter of 2024, with Paphos recording the strongest price growth while Nicosia posted the weakest performance, a marginal annual decline, according to ...

Cyprus deepened its maritime ties with Finland during a working visit to Helsinki by Deputy Minister of Shipping Marina Hadjimanolis, who joined the Cyprus Maritime Commission as part of the ...

Limassol will host the European Maritime Day (EMD) on May 21 and 22, 2026, as Cyprus takes the helm of the EU presidency, welcoming the continent’s maritime community to the island’s ...

The Cyprus Chamber of Commerce and Industry (Keve) has welcomed the launch of the new Business Support Center, describing it as a long-standing demand finally addressed, and a much-needed tool ...

The Cyprus Property Development Association has urged authorities to accelerate the issuance of building permits in cases involving the transfer of building coefficient from listed properties, citing delays of over ...

Cyprus’ future workforce received a crash course in employment rights and responsibilities this week as part of the Junior Achievement Cyprus (JA Cyprus) initiative, with a clear message that undeclared ...

Tourists in Cyprus are turning in growing numbers to short-term rentals, with the number of registered properties swelling sixfold in under three years, prompting authorities to push for tighter regulation, ...

Cyprus is expected to be among the few Eurozone countries to reach the European Central Bank’s 2 per cent inflation target by 2025–2026, as inflation across the bloc continues to ease ...

Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a turning point in efforts to cut red tape, attract investment and support entrepreneurship. ...

Here are the top business stories in Cyprus from the week starting May 19: Each year, the International Day for Women in Maritime Affairs promises celebration, but behind the speeches and ...

The Cyprus Stock Exchange (CSE) on Friday ratified the suspension of trading in the shares of Hellenic Bank Public Company Ltd, following a recent meeting of the CSE Council. The ...

The House this week approved yet another extension to the licensing deadline for hotels and tourist accommodations, triggering backlash from MPs over years of delays and what they called ‘fictitious ...

Ermes Department Stores PLC announced that shareholders unanimously approved a special resolution to reduce the company’s issued share capital during an extraordinary general meeting held on Friday. The approved ...

The Cyprus Stock Exchange (CSE) on Friday ratified the suspension of trading in the shares of Hellenic Bank Public Company Ltd, following a recent meeting of the CSE Council. The ...

The Bank of Cyprus on Friday has announced that it repurchased a total of 339,586 of its ordinary shares between May 16, 2025, and May 22, 2025. The shares, each with a nominal value of €0.10, ...

Hellenic Bank on Friday announced that it reaffirmed its commitment to Cyprus’ green transition during the second Green Agenda Cyprus Summit. According to the announcement, the bank supported the event ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it organised a business mission to Helsinki earlier this week, held in conjunction with the official visit of ...