Cyprus Business News

The Central Bank of Cyprus (CBC) on Friday announced the publication of its 2025 directive on the prevention of money laundering and terrorist financing. The newly adopted directive aims to modernise ...

Cyprus’ retail trade sector saw robust growth in March 2025, with both the value and volume of turnover rising by 5.6 per cent compared to the same month last year. According to ...

Cyprus’ archbishopric this week announced a public tender for the lease and development of two land parcels located in Geroskipou, Paphos. According to the announcement, the tender was officially launched ...

Cyprus recorded €92.7 million in high-value property transactions in March 2025, with Nicosia taking the lead thanks to a single €29.3 million office sale, according to real estate analytics firm Ask Wire. According ...

Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per ...

The Cyprus Securities and Exchange Commission (CySEC) has reached a €20,000 settlement with ZFN Europe Ltd in relation to a possible violation of the Investment Services and Activities and Regulated Markets ...

Bank of Cyprus Holdings Public Limited Company on Friday announced the repurchase of 295,526 of its own ordinary shares between April 25, 2025, and May 1, 2025. The shares, each with a nominal value of €0.10, ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the embassy of Hungary in Cyprus, will host a business-to-business (B2B) event highlighting innovative Hungarian technologies in agriculture ...

The Research and Innovation Foundation (RIF) on Friday announced the launch of a public consultation for its upcoming funding programme titled “AI in Gov’t”. According to the announcement, the ...

Cyprus Seeds and The Cyprus Institute of Neurology & Genetics organized on April 29th 2025, an inspirational speech, “A Scientist Stepping into Entrepreneurship”, by Dr. Mary Lynne Hedley. The event, which ...

The digital euro will serve as a complement to cash, not a replacement, and is designed to preserve the stability of the financial system while embracing innovation, said Stelios Georgakis, ...

The Index of Industrial Output Prices in Cyprus rose by 0.2 per cent in March 2025, reaching 121.9 units, based on 2021 as the reference year set at 100 points, according to official data released ...

The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of ...

National investment promotion agency Invest Cyprus and the British Council on Wednesday announced that they have entered into a strategic partnership. According to an official statement, the partnership aims at ...

Over 10,000 Cypriot and international visitors attended the 26th Travel Expo Cyprus 2025, where they explored travel offers and package deals for their summer holidays and other trips, according to a statement ...

Investor Balram Chainrai has recently acquired a controlling stake in the company that owns the Rodon Hotel in Agros. The transaction, which was finalised on March 6, 2025, saw Chainrai secure 87.82 per ...

The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of ...

Petrolina (Holdings) Public Limited has released its annual report for the year ending December 31, 2024, and has called its annual general meeting (AGM) for June 19, 2025, at the company’s headquarters in ...

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has submitted an application to the Cyprus Securities and Exchange Commission (CySEC) to exercise its squeeze out ...

Alpha Bank Cyprus on Wednesday announced the appointment of George Shiammoudis as its new chief risk officer. “With over 20 years of experience across banking and financial advisory, Shiammoudis brings a ...

Consumers across Europe are increasingly willing to switch to alternative online payment methods in exchange for faster, more convenient and secure checkout experiences, according to new research published by payabl., ...

The Ministry of Energy, Commerce and Industry on Wednesday announced a new call for proposals under the business digital upgrade scheme, part of the national programme Thaleia 2021–2027. The scheme, aimed ...

Artificial intelligence could increase global gross domestic product by up to 15 per cent by 2035, according to new research shared this week by PwC Cyprus. The report, titled Value in Motion, ...

Banks in Cyprus recorded a net decrease of €66.3 million in deposits and a significant increase of €429.9 million in loans during March 2025, according to a report by the Central Bank of ...