Cyprus Business News

Here are the top business stories in Cyprus from the week starting June 1: FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge for the shipping industry, according ...

Women in Cyprus accounted for 51.8 per cent of all people employed in science and technology during 2025, according to Eurostat, placing the country just below the EU average but still among ...

Cyprus maintained stronger economic growth than both the euro area and the European Union in the first quarter of 2026, according to estimates released by Eurostat, despite a slowdown from the ...

Rising construction costs in Cyprus have surged by 10 per cent over the past two months, with a five-year increase reaching 35 per cent, according to the president of the Cyprus Federation ...

Columbia Group has reaffirmed its growing presence in Greece, with CEO Andreas Hadjipetrou pointing to the company’s expanding fleet under management for Greek clients and its long-standing focus on ...

Eurobank S.A. has updated its financial calendar for 2026, informing the investment community of revisions to key reporting and shareholder dates following an earlier announcement made on May 7, 2026. According to ...

Alpha Bank Cyprus this week held a business-focused event at the Amarande hotel in Ayia Napa, bringing together local stakeholders to underline the strategic role of the Famagusta district in ...

Cyprus maintained stronger economic growth than both the euro area and the European Union in the first quarter of 2026, according to estimates released by Eurostat, despite a slowdown from the ...

Demetra Holdings Plc on Friday informed the investment community of its latest share buyback activity and provided a timeline for the release of its quarterly financial results. According to the ...

Cyprus’ Industrial Turnover Index rose by 5.6 per cent in March 2026, reaching 144.7 units, according to figures released by the Cyprus Statistical Service (Cystat).  For the first three months of the year, ...

Low-cost carrier Wizz Air has announced that it will increase capacity from its Larnaca base earlier than originally planned, adding 57,500 extra seats during August and September in response to stronger-than-expected ...

Limassol Greens officially inaugurated its integrated golf resort and residential development this week, 2026, marking a major milestone for one of Cyprus’ most ambitious tourism, lifestyle and investment projects. The ceremony, ...

Satellite operator Eutelsat and Cyprus-based Tototheo Global have signed a new partnership agreement aimed at expanding Low Earth Orbit (LEO) connectivity services across the maritime, enterprise and government sectors. Under ...

Eurobank reiterated its commitment to sustainable development and the green transition during the the recently-held Green Agenda Summit, with the bank participating for the third consecutive year as a platinum ...

The Larnaca tourism board (Etap) won five awards at the Cyprus Tourism Awards, held this week, in recognition of its strategy for sustainable, innovative and quality tourism development in the ...

A major tourism development in Pentakomo is moving through the licensing process, with The Rocks project expected to bring a luxury hotel, villas, apartments and a beach club to one ...

Global shipping is entering a period of deeper and more sustained geopolitical instability, as crises from the Strait of Hormuz to the Black Sea and Libya increasingly form part of ...

The Deputy Ministry of Shipping hosted a reception during the international shipping exhibition Posidonia 2026, bringing together representatives of the global shipping community, institutional bodies, partners and industry professionals. The event, ...

Cyprus is steadily strengthening its position on the European technology map, with the country’s highly educated ICT workforce offering a strong foundation for its digital ambitions, CITEA director Matina ...

Cyprus’ future investment priorities and the European Investment Bank’s (EIB) financing portfolio were discussed in Nicosia on Thursday during a meeting between Finance Minister Makis Keravnos and EIB vice-president ...

Cyprus’ tourism sector is moving towards recovery after a slowdown in March and April, Deputy Minister of Tourism Costas Koumis said on Thursday, expressing cautious optimism for the second half ...

easyCourier is significantly expanding its presence in Cyprus, marking a new growth trajectory for delivery and distribution services in the country. With a strong emphasis on technology, flexibility and customer ...

The Kazakhstan-Cyprus Business Forum was held in Astana as part of the first official visit of the President of the Republic of Cyprus, Nikos Christodoulides, to Kazakhstan. The event brought ...

Cyprus’ inflation rate eased slightly to 2.6 per cent in May 2026, according to figures released by the Cyprus Statistical Service (Cystat), although petroleum products continued to record the sharpest annual increase. ...