Cyprus Business News

Finance is one of the most promising areas for AI adoption, yet also one of the most sensitive. Sergey Smirnov, Group Financial Controller at DataArt, shares the four-step approach that ...

Cyprus recorded a 3.7 per cent year-on-year increase in hourly labour costs during the first quarter of 2026, exceeding the euro area average, according to figures released by Eurostat. The increase in ...

The Central Bank of Cyprus (CBC) this week published a summary overview of its governance framework, outlining the structures, principles and decision-making mechanisms that underpin its operations in a move ...

Demetra Holdings Plc conducted a significant share buyback on June 15, 2026, marking the latest development in the company’s financial strategy. The firm on Tuesday confirmed that it purchased a total ...

Cyprus recorded a 3.7 per cent year-on-year increase in hourly labour costs during the first quarter of 2026, exceeding the euro area average, according to figures released by Eurostat. The increase in ...

The Cyprus Stock Exchange (CSE) announced the suspension of trading for shares in The Reputation Exchange Plc on Tuesday, due to a failure to meet regulatory obligations. The decision was ...

Cyprus maintained a steady job vacancy rate of 2.8 per cent during the first quarter of 2026, according to the latest figures released by Eurostat. This performance for Cyprus remained consistent with ...

The Cyprus Cement Public Company Ltd announced on Tuesday that it has executed a fresh purchase of its own shares. Specifically, during a meeting on June 15, 2026, the firm finalised the ...

Aphrodite project strengthens Cyprus’ regional energy role US energy company Chevron sees Cyprus as a key part of the East Mediterranean’s energy future, with the Aphrodite gas field moving ...

Greek lender Eurobank announced on Tuesday that it distributed 1,727,493 own common registered voting shares to its staff on June 15, 2026, marking the latest stage of its executive remuneration scheme. In its ...

The European Commission has launched a public consultation on the EU’s markets in crypto-assets regulation, as it prepares to review whether the bloc’s digital assets framework remains fit ...

Cyprus helped steer a long-awaited European agreement on air passenger rights this week, with EU officials saying the revised rules will bring clearer compensation procedures, stronger protection for travellers and ...

Cypriot beverage maker Keo plc is to hold its annual general meeting on July 8, 2026, at the company’s registered office in Limassol. The firm announced that, in accordance with article 128 ...

Gen Z and millennials prioritise wellbeing over promotions, survey finds Gen Z and millennials are increasingly prioritising stability, wellbeing and skills development over rapid career advancement, according to findings released ...

The growing presence of Israeli entrepreneurs in Larnaca was discussed on Monday during a meeting between Larnaca chamber of commerce and industry president (Evel) Nakis Antoniou and Israel’s Ambassador ...

Cyprus’ role as a bridge between Europe, the Middle East and Africa came into focus on Monday, as officials, business leaders and investment experts gathered in Nicosia for the EuroMED ...

The Central Bank of Cyprus (CBC) this week published new figures showing that significant differences remain between interest rates offered by Cypriot banks and those prevailing across the eurozone, although ...

Young graduates in Cyprus achieved an employment rate of 82.3 per cent in 2025, closely mirroring the European Union average, according to a report from Eurostat. The overall employment rate for recent ...

Industrial output in Cyprus saw a marginal rise of 0.1 per cent in April 2026, mirroring the modest growth observed across the wider euro area and the European Union. According to first ...

The Cyprus Economy and Competitiveness Council on Monday presented the Cyprus Competitiveness Report 2025, highlighting the need to attract more productive investments that create genuine economic activity, new jobs and knowledge ...

Morgan Stanley has initiated coverage of Greece’s banking sector with a positive stance, arguing that the investment case for Greek lenders remains compelling despite the strong rally recorded in ...

An independent evaluation report has concluded that the €0.014 per share offer made by the Cyprus Trading Corporation (CTC) for the acquisition of Ermes Department Stores is fair and reasonable under ...

Wholesale trade turnover in Cyprus rose sharply in the first quarter of 2026, while activity in the sales and repair of motor vehicles sector declined compared with the same period a ...

Cypriot beverage company KEO plc announced on Monday that its board of directors has proposed a dividend payment to shareholders during a meeting held earlier today. The proposal involves a ...