Cyprus Business News

Travel packages to long-haul destinations have become cheaper in some cases this year, even as the war in the Middle East pushes up fuel costs and adds uncertainty to travel ...

United Aerospace Maintenance Company (UAMCO) Ltd has secured planning permission for a specialised aircraft engine test cell facility in the Aradippou industrial zone, marking a further step in Cyprus’ efforts ...

The price index of construction materials in Cyprus rose modestly in April, even as building activity continues to surge across the island, according to a report from the Cyprus Statistical ...

The Cyprus Statistical Service (Cystat) on Monday reported a sharp decline in tourist arrivals in April 2026, highlighting the deepening impact of the war in Iran on the island’s tourism ...

Cyprus is pushing ahead with its digital transition, placing competitiveness, resilience and inclusion at the centre of its strategy, the Deputy Ministry of Research, Innovation and Digital Policy said on ...

Cyprus-headquartered gaming company Strikerz Inc. is preparing the global rollout of UFL Mobile in the second half of 2026, as the football title looks to carve out its own space in ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding a number of websites operating without authorisation to provide investment services. The regulator stated that the ...

The Cyprus Trading Corporation Plc (CTC) on Monday announced that the Cyprus Securities and Exchange Commission (CySEC) has approved the public offer document for its proposed acquisition of Ermes Department ...

Investment firm Demetra Holdings Plc on Monday announced that it completed the repurchase of 6,880 of its own shares through the Cyprus Investment & Securities Corporation Limited (CISCO) during a trading ...

Genikes Insurance on Monday announced that it was named Best General Insurance Company in Cyprus at the Global Banking and Finance Awards 2026, while also securing the title of Best Insurance ...

The launch of Cyprus’ competitive electricity market represents an important modernisation step, but stronger regulatory safeguards are essential to prevent market distortions and protect consumers, according to energy expert Andreas ...

A Cyprus-based digital health startup is advancing cognitive rehabilitation through a new platform, aiming to address gaps in awareness and access to treatment across the healthcare system. The initiative centres ...

Here are the top business stories in Cyprus from the week starting May 11: Eurobank S.A. released its interim consolidated financial statements on Monday, providing further detail on its performance ...

European investment banking and asset management group Wood & Company this week published an analysis of Greek and Cypriot banks, focusing on valuation, profitability and shareholder distributions. The report, whose ...

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

The Cyprus Chamber of Commerce and Industry announced this week that it will host a specialised seminar in Nicosia to help local companies unlock business opportunities through the strategic use ...

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

The XM Group has established itself as a premier international provider of online trading services over a period exceeding 15 years, according to a statement by the company’s co-CEO Stavri ...

Road freight transport activity in Cyprus recorded significant increases in both domestic and international movements during the fourth quarter of 2025, according to a report from the state statistical service (Cystat). ...

Cyprus has placed the strengthening of the Single Market at the centre of its EU Presidency agenda, Energy, Commerce and Industry Minister Michalis Damianou said on Friday. The minister delivered ...

Government officials, industry leaders and international institutions on Friday assessed Europe’s economic trajectory at the “Shaping Europe’s Growth and Competitiveness” conference held in Nicosia. The event, organised by ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it signed a strategic partnership agreement with the Cyprus Information Technology Enterprises Association (CITEA), aimed at strengthening the ...

Cyprus’ shipping sector was brought into the classroom on Friday, as sixth-grade pupils at the 2nd Primary School of Germasogeia took part in an interactive workshop aimed at introducing children ...

Cyprus’ high-end property market recorded €197.7 million in major transactions during the first quarter of 2026, with Limassol and Paphos dominating the island’s most expensive sales, according to data released by ...