Cyprus Business News

Cyprus handled 9,000 maritime passengers in 2024, one of the lowest totals in the EU and far below pre-pandemic levels, according to Eurostat. Traffic had reached 53,000 passengers in 2019, then fell to 5,000 in 2020 ...

Eurobank reaffirmed its long-standing role as a strategic partner of Cyprus’ tourism sector at the Association of Cyprus Tourist Enterprises (Stek) annual tourism conference 2025, which focused on ‘Sustainable Tourism: The ...

The Cyprus Institute of Certified Public Accountants (Selk) has raised a series of concerns over the government’s six-bill tax reform package, submitting detailed notes to the House finance committee ...

Cyprus must reposition itself internationally by embracing sustainable tourism as a “one-way street” for the island’s future, according to the president of the Association of Cyprus Tourist Enterprises (Stek) ...

Finance Minister Makis Keravnos thanked China for its consistent support for the sovereignty, independence and territorial integrity of Cyprus during a farewell ceremony this week for Chinese Ambassador Liu Yantao. ...

Cyprus’ banks kept their lending criteria unchanged in the third quarter of 2025, with both businesses and households facing the same terms and conditions as in the previous quarter, according to ...

Cyprus stepped up preparations for its EU Council Presidency as Finance Minister Makis Keravnos met this week with Salla Saastamoinen, deputy director-general of the European anti-fraud office (Olaf), to review ...

The 2nd Women in STEM Cyprus Summit, titled Voices of Change, was successfully held with the backing of Cyprus President Nikos Christodoulides. With more than 300 participants, the event was co-organised ...

Cyprus and the United Kingdom have unveiled what they described as Europe’s first online platform to train tourism-sector staff in recognising and reporting potential terrorist threats, as well as ...

Unemployment in Cyprus stood at 4.1 per cent in the third quarter of 2025, easing from 4.5 per cent a year earlier, according to a report published by the statistical service (Cystat) on ...

Interior Minister Constantinos Ioannou will travel to Stockholm on November 27 for meetings with Sweden’s political leadership on housing policy and civil protection, ahead of Cyprus taking over the EU ...

Cyprus reaffirmed its longstanding commitment to the IMO’s mission as Shipping Deputy Minister Marina Hadjimanolis addressed the Plenary of the 34th General Assembly of the International Maritime Organisation (IMO) ...

Demetra Holdings Plc reported a profit of €13.7 million for the first nine months of 2025, compared with €42.4 million in the same period of 2024, as gains from the Cyprus Stock Exchange (CSE) ...

Cyprus and Greece presented a united front at the International Maritime Organisation’s (IMO) 34th General Assembly in London, as both countries set out their vision for a stable, fair ...

Fourlis Group reported stronger sales and profitability for the first nine months of 2025, as continued expansion of its IKEA, Intersport and Foot Locker networks supported performance across Greece, Cyprus and ...

The Cyprus Institute of Certified Public Accountants (ICPAC) and the Cyprus Compliance Association (CCA) have signed a Memorandum of Understanding (MoU) aimed at strengthening corporate governance, transparency and compliance practices ...

The 2nd Women in STEM Cyprus Summit, titled Voices of Change, was successfully held with the backing of Cyprus President Nikos Christodoulides. With more than 300 participants, the event was co-organised ...

Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025. The document groups ...

Cyprus has been recognised with the Best Global Climb Award Among EU Countries in the 3rd Edition of the StartupBlink Startup Ecosystem Awards, according to an announcement by StartupBlink, the ...

The 16th Pension Forum in Nicosia examined the critical issues facing Cyprus’ pension system and the new perspectives emerging in a rapidly changing environment, according to the event overview. The ...

Cyprus’ parliamentary commerce committee is moving towards lowering the turnover threshold for companies eligible for a simple review of financial statements to €400,000, narrowing down the €900,000 level initially proposed by Disy. ...

Cyprus is attracting a growing wave of fintech activity as firms take advantage of its EU-regulated framework and strategic location. Among them is ECOMMBX, a licensed Electronic Money Institution (EMI) ...

Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025. The document groups ...

Promed Bioscience, a biotech company specializing in advanced collagen-based biomaterials for regenerative medicine, has successfully closed a €1.25 million growth financing round led by KV Fund II. Overall, the investment emphasises ...