Cyprus Business News

Andreas Neocleous has announced that he will step down as chief executive officer of Cypriot telecoms company Cyta at the end of August. In a message to staff, the company ...

The Deputy Ministry of Tourism has launched a tender for hotel rooms in Nicosia to accommodate thousands of delegates expected during Cyprus’ presidency of the Council of Europe from January ...

BrainRocket expected to stay in Cyprus after president intervenes Israeli-owned BrainRocket will not be leaving Cyprus after all, following direct intervention by President Nikos Christodoulides, who met company officials to ...

Greece continues to attract high demand for travel throughout the autumn, with TUI AG, the largest European tour operator, confirming the country remains a top choice for Europeans. The German ...

Eurobank has acquired 1,334,684 of its own shares between August 11-14, according to an announcement released this week. The bank reported that the average purchase price per share was €3.45, with a ...

Hotel bookings in Paphos have slowed sharply as recent wildfires have unsettled travellers, according to Evripides Loizides, president of the Paphos hoteliers association. Speaking to the Cyprus News Agency (CNA), ...

The Eratosthenes Centre of Excellence (CoE) this week announced the launch of Space BIC, a specialised business incubation centre to support space-based entrepreneurship in Cyprus. According to the announcement, the ...

Cypriots rated their satisfaction with their financial situation at 6.4 out of 10 in 2022, up from 5.2 in 2013 and 6.1 in 2018, according to figures from Eurostat released on Thursday. The figure leaves Cyprus just ...

The Cyprus Shipping Deputy Ministry  has announced the launch of the Cyprus Shipping 1-stop-shop Portal (CYSh1P), a new digital platform designed to centralise and streamline all maritime services offered ...

Hotel bookings in Paphos have slowed sharply as recent wildfires have unsettled travellers, according to Evripides Loizides, president of the Paphos hoteliers association. Speaking to the Cyprus News Agency (CNA), ...

The Eastern Mediterranean has the potential to become a significant hub for the production and export of hydrogen, according to a recent mathematical forecasting study by Frederick University’s H2...

Cyprus issued more than 500 Digital Nomad Visas in the past four years, as the government seeks to reposition the island as a hub for remote workers and part of its ...

Cyprus’ outdated property law allows nationals of third countries to acquire real estate, even as individuals, with little oversight, according to a recent response from the Interior Ministry to parliament. ...

Cyprus recorded the lowest inflation rate in the European Union in July 2025, figures by both Eurostat and the Cyprus Statistical Service (Cystat) showed on Wednesday. Specifically, the Harmonised Index of ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that trading of the 13-week government bonds, 5th issuance of 2025, with the code TB13E25, will be suspended. Trading will be halted ...

Cyprus’ outdated property law allows nationals of third countries to acquire real estate, even as individuals, with little oversight, according to a recent response from the Interior Ministry to parliament.  ...

Cyprus has received more than 560 applications under its new affordable housing schemes since their launch last year, with officials saying the early response from both households and developers points to ...

Cyprus’ tourism sector is performing strongly this season, according to Cyprus Hoteliers Association (Pasyxe) director general Christos Angelides. Speaking to business outlet Economy Today, Angelides said the steady rise in ...

A wide-ranging survey on visitor satisfaction is currently being carried out in Paphos, with the aim of identifying areas of improvement. The initiative is organised by the Paphos regional tourism ...

The Sustainable Development Solutions Network (SDSN) Cyprus has expressed concern over the country’s ranking of 56th out of 167 nations and last in the European Union in the 2025 Sustainable Development ...

Tourist arrivals in Cyprus rose by 6.9 per cent in July, with well over half a million visitors being recorded, according to figures released on Tuesday by the state statistical service. ...

Cyprus is making impactful progress in developing a high-performance computing, chip and quantum cluster, following a recent meeting between Chief Scientist Demetris Skourides and Phystech Technologies founder and CEO Yuri ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced that it held “a constructive meeting” with tax commissioner Soteris Markides. According to the announcement, the chamber was represented ...

Tourist arrivals in Cyprus rose by 6.9 per cent in July, with well over half a million visitors being recorded, according to figures released on Tuesday by the state statistical service. ...