Cyprus Business News

Cyprus-based Columbia Group has appointed Ulla Eithz Nielsen as deputy Chief Operating Officer (COO), as the group continues to build out its integrated global maritime services platform and reinforce leadership ...

Property sales in Cyprus recorded a double-digit increase at the start of 2026, as transactions rose by 11 per cent year on year in January, according to data released by the department ...

Cyprus has retained its position as the leading global hiring hub for online forex brokers despite a broader shift in industry growth towards emerging regions, according to an analysis by ...

Melbourne-born human-centred AI company HUMRN is moving from early validation into its next phase, with co-founder and chief executive David May setting out why the company is relocating its corporate ...

State-owned telecommunications provider Cyta on Monday presented its 2026 budget focused on digital infrastructure investment to the House finance and budget committee, outlining stable profitability, network resilience and a continued expansion ...

The Cyprus Stock Exchange (CSE) has announced that it would lift the suspension of trading for shares in Cyprus Trading Corporation Plc following the publication of the company’s long-awaited ...

State-owned telecommunications provider Cyta on Monday presented its 2026 budget focused on digital infrastructure investment to the House finance and budget committee, outlining stable profitability, network resilience and a continued expansion ...

Retail trade in Cyprus, excluding motor vehicles, recorded strong annual growth, according to a report by the Cyprus Statistical Service (Cystat). Specifically, the turnover value index of retail trade increased ...

The Republic of Cyprus will repay a zero-interest government bond a week from today, with the final interest payment made on the same day, according to an announcement by the ...

Eurobank S.A. on Monday announced that it repurchased 1,758,500 of its own shares under its approved share buyback programme between January 26, 2026 and January 30, 2026. The purchases followed the commencement of the ...

Agros Development Company Proodos Public Ltd, which owns the Rodon Hotel, has announced a strategic change to its corporate governance, following a decision by its board of directors to appoint ...

MPs examining the Cyprus Gaming and Casino Supervision Commission’s 2026 budget on Monday highlighted a surge in casino revenues alongside mounting competitive risks from Greece and the Middle East. The ...

Cypriots are increasingly favouring digital payment methods, with card transactions now accounting for 75 per cent of total payment volume, the second-highest share in the eurozone after Portugal, according to data ...

The PLANBEE launch conference in Amman marked the official start of a new Bee Economy movement in Jordan, bringing together regional and European stakeholders under a Cyprus-backed initiative. The event, ...

Former Disy leader Averof Neophytou has argued that the Cypriot economy is currently being undermined by an unsustainable surge in the state payroll which could otherwise be used to fund 15,000 ...

Budget airline Wizz Air on Monday announced an expansion of its Larnaca base for the summer of 2026, adding a new destination and increasing frequencies across multiple existing routes. The airline ...

Petrolina (Holdings) Public Limited has completed the acquisition of ExxonMobil Cyprus Limited, with the transaction finalised end of January, 2026, the company said in a filing to the Cyprus stock exchange (...

The Cyprus Securities and Exchange Commission (CySEC) has released a statement drawing attention to an invitation for Cypriot small and medium-sized enterprises to participate in a questionnaire on the use ...

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of settlements and administrative fines targeting violations of securities and transparency legislation by regulated and listed entities. Firstly, CySEC ...

There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as a tourist destination, according to Cyprus Hoteliers Association (Pasyxe) president Thanos Michaelides. These ...

Cyprus recorded the highest level of non-performing loans in the European Union in 2024, highlighting a key vulnerability in public sector balance sheets, according to Eurostat. The data published by Eurostat ...

Here are the top business stories in Cyprus from the week starting January 26: The Cyprus Film Commission organised a three-day roadshow in London last week, targeting professionals from the United ...

Cyprus-based maritime technology company SmartSea, headquartered in Limassol, has strengthened its senior management team with the appointment of Nakis Kassos as Head of Commercial. Based in Limassol, Kassos is a ...

Freedom24 this week hosted a fireside chat at their Limassol offices featuring Daniil Liberman alongside Freedom Holding CEO Timur Turlov, bringing global debates around artificial intelligence, computing power and decentralisation ...