Cyprus Business News

Here are the top business stories in Cyprus from the week starting April 7: Cyprus has the potential to become a key location for data centres, according to Andreas Poullikkas, an ...

The Cyprus Investment Funds Association (CIFA) held its Annual General Meeting (AGM) this week, presenting a comprehensive review of the sector’s achievements and outlining strategic priorities for continued growth ...

The Bank of Cyprus (BoC) on Friday announced the repurchase of 520,200 of its own ordinary shares between April 4 and April 10, 2025, as part of its ongoing share buyback programme. The transactions ...

Cyprus’ government workforce increased by 574 people in March 2025, marking a one per cent annual rise and bringing the total number of employees to 55,325, according to the state statistical service. The ...

Cyprus is stepping up efforts to attract more visitors from Poland, with the Famagusta regional tourism board (Etap) teaming up with local hotels for a roadshow across Krakow, Poznan and ...

Jinius, the innovative digital platform and subsidiary of the Bank of Cyprus Group, has announced its full support for the government’s initiative to adopt electronic invoicing, positioning itself as ...

Eurobank on Friday announced the successful completion of its mandatory public offer to acquire Hellenic Bank, increasing its direct ownership stake to 98.46 per cent of the bank’s issued share ...

The Cyprus Investment Funds Association (CIFA) held its Annual General Meeting (AGM) on Thursday, presenting a comprehensive review of the sector’s achievements and outlining strategic priorities for continued growth ...

Limassol Greens, a €400 million residential and tourism development, is gearing up for property handovers and expansion plans within 2025. Described as “a project driven by vision, innovation and clear strategic direction,” ...

The fifth edition of Tech Talks, a community-driven event inspired by Google’s original Tech Talks initiative, is set to take place on Monday, May 5, at 7pm. Aimed at the ...

Cyprus is facing a period of growing uncertainty, as investment activity is likely to be affected by the US government’s decision to impose import tariffs, said Andreas Andreou, deputy ...

Banks in Cyprus reduced interest rates on housing loans in February, according to comparative figures published by the Central Bank of Cyprus on Thursday. At the same time, most institutions ...

Limassol recorded €1.38 billion in residential property transactions in 2024, with a total of 3,164 sales across all price categories. The figures reflect activity across high-value, mid-range and lower-priced properties, according to land ...

The value of bounced cheques in Cyprus rose to €156,564 in the first quarter of 2025, according to data published on Thursday by the Central Bank of Cyprus (CBC). The CBC noted ...

Cyprus’ cruise industry is on the path to recovery after years of disruption, according to DP World Limassol CEO Simon Pitout. Pitout on Thursday said the sector is set to ...

Cyprus is expected to see record tourism in Akamas this summer, thanks to a government plan aimed at tying together various development and beautification projects across the peninsula’s villages. ...

President Nikos Christodoulides this week presented the government’s rebranding drive during a roundtable with tech executives in San Francisco. The event focused on Cyprus’ role as an EU member ...

The European Commission has proposed shortening the standard securities settlement cycle from two business days to one (T+1), something which is being seen as a significant development for European capital ...

DBRS Ratings (Morningstar DBRS) has upgraded the credit ratings of two major Greek banks, Eurobank S.A. and the National Bank of Greece, raising them from BBB (low) to BBB. ...

The fifth edition of Tech Talks, a community-driven event inspired by Google’s original Tech Talks initiative, is set to take place on Monday, May 5, at 7pm. Aimed at the ...

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 settlement on Cyprus Investment Firm (CIF) Colmex Pro Ltd for possible violations of investment services legislation. The settlement, already paid ...

Finance Minister Makis Keravnos, will travel to Warsaw on Thursday, April 10, in order to participate in the Eurogroup meeting and the informal Economic and Financial Affairs Council (Ecofin), which will ...

Eurogate Container Terminal Limassol has successfully completed the expansion and upgrade of the yard at the container terminal in the port of Limassol, increasing the facility’s total capacity to ...

Cyprus recorded a trade deficit of €1.24 billion during the first two months of 2025, marking an increase of €102.7 million compared to the same period in 2024, according to the state statistical service. ...