Cyprus Business News

BlackRock has become the second-largest shareholder of Freedom Holding Corp. after boosting its stake in the company to 0.85 per cent, with an investment valued at about $89 million. Freedom Holding Corp., ...

The Cyprus Employers and Industrialists Federation (Oev) has urged lawmakers to speed up work on a long-delayed bill regulating the management of co-owned buildings, warning that the legislation affects thousands ...

Cyprus’ seasonally adjusted unemployment rate climbed to 5 per cent in July 2025, rising slightly from 4.7 per cent in June and 4.7 per cent a year earlier, according to Eurostat figures released on ...

The merger between Hellenic Bank and Eurobank Cyprus began today, September 1, 2025, with the transfer of all assets and liabilities of Eurobank Cyprus to Hellenic Bank. At the same time, the ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday launched a new quiz designed to help investors assess their ability to recognise investment fraud. According to an official announcement, the ...

Chief Scientist Demetris Skourides recently carried out an introductory visit to the SOZO Brain Center in Cyprus, according to an announcement released on Monday. The visit allowed Skourides to review ...

Cubic Games, part of Cyprus-based GDEV, is focusing on community-driven growth for its hit title Pixel Gun 3D rather than on traditional traffic acquisition marketing, according to chief marketing officer ...

Safe Bulkers Inc., listed on the New York Stock Exchange and led by Cypriot CEO Polys V. Hajioannou, has extended the application deadline for its 5th Annual Scholarship Programme for ...

The resilience of Cyprus’ electricity system is emerging as a critical priority, according to energy systems expert and former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas.  Speaking on the evolving ...

Here are the top business stories in Cyprus from the week starting August 25: A Europe-wide survey has ranked Cyprus fifth for expat entrepreneurs, citing its strong startup density and solid ...

Deposits of Cypriot businesses reached a historic €12.5 billion in July 2025, up from €11.7 billion at the end of last year and €9.18 billion in December 2019, according to Central Bank of Cyprus (CBC) ...

The Index of Industrial Output Prices in Cyprus stood at 122.8 units in July 2025, based on 2021 as the reference year, showing a decrease of 0.2 per cent compared to June, according to ...

Cyprus recorded a general government surplus of €840.6 million in the first seven months of 2025, corresponding to 2.4 per cent of GDP, according to preliminary fiscal results published by the Statistical Service ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning this week to investors regarding a number of websites that are not authorised to provide investment services or perform ...

Hellenic Bank has received all necessary supervisory approvals to complete its merger with Eurobank Cyprus on September 1, according to the announcement, marking what it described as a new chapter for ...

Deposits of Cypriot businesses reached a historic €12.5 billion in July 2025, up from €11.7 billion at the end of last year and €9.18 billion in December 2019, according to Central Bank of Cyprus (CBC) ...

The Industrial Production Index in Cyprus reached 115.9 units in June 2025, based on 2021 as the reference year, reflecting an annual increase of 0.8 per cent compared to June 2024, according to data released ...

Invest Cyprus and the Institute of Certified Public Accountants of Cyprus (Selk) have signed a Memorandum of Understanding (MoU) to enhance cooperation and further develop the Cyprus business ecosystem. The ...

Faced with acute labour shortages but also a growing economy, Cyprus is stepping up efforts to turn brain drain into brain gain, rolling out new tax breaks, family support schemes ...

Unemployment in Cyprus stood at 4.3 per cent in the second quarter of 2025, down from 4.6 per cent a year earlier, according to a report published by the Cyprus Statistical Service (Cystat) ...

More than three quarters of people in Cyprus used internet-connected devices in 2024, outpacing the EU average, official data showed on Thursday. Eurostat said 76.9 per cent of Cypriots aged 16–74 used such ...

Cyprus has moved to strengthen its role as a regional innovation hub with the signing of a Memorandum of Understanding (MoU) between Chief Scientist Demetris Skourides and Invest Cyprus chief ...

Faced with acute labour shortages but also a growing economy, Cyprus is stepping up efforts to turn brain drain into brain gain, rolling out new tax breaks, family support schemes ...

Payment fraud in Cyprus rose sharply in the second half of 2024, though the island still recorded fewer incidents than the eurozone average, according to the report of the Central Bank ...