Cyprus Business News

Cyprus recorded the highest share of household energy consumption devoted to air conditioning and cooling in the European Union in 2024, according to figures released on Wednesday by Eurostat, highlighting the ...

Total beer deliveries from breweries in Cyprus fell by 2.7 per cent in June 2026, compared with the same month last year, driven largely by a sharp decline in exports, according to ...

The future of payments will depend on trust, effective supervision and responsible innovation, senior officials from the Cyprus Securities and Exchange Commission (CySEC) and the Central Bank of Cyprus (CBC) ...

Cyprus’ tourism sector remains under pressure from the fallout of the Middle East crisis, although the picture has improved since June, new hoteliers association Pasyxe president Yiannos Pantazis said.  In ...

Alpha Bank Cyprus on Wednesday announced that it has completed the implementation of Salesforce Financial Services Cloud (FSC) as part of a new investment aimed at accelerating its digital transformation ...

Ellinas Finance Public Company Ltd announced on Wednesday the successful repayment of its Series B bond, which reached its maturity date. The company formally notified the Cyprus Stock Exchange (CSE) ...

Electric vehicle market share inches higher in Cyprus amid European shift Cyprus’ motor vehicle registrations increased by 13.2 per cent during the first half of 2026, with hybrid cars accounting for more ...

The assets under management of Cyprus’ collective investment sector fell to €11.2 billion in the fourth quarter of 2025, according to figures published on Wednesday by the Cyprus Securities and Exchange Commission (...

Cyprus will continue to play an active role in shaping international maritime policy, with a focus on sustainability, competitiveness and safe navigation, Deputy Shipping Minister Marina Hadjimanolis said during a ...

The 14th Invest Cyprus International Investment Awards are due to take place on Thursday, July 9, at the Hilton Nicosia to recognise foreign companies that have made significant contributions to the ...

Cypriot founder Nicole Georgiou has launched i spy in London, a new fashion-tech platform aiming to rethink the way people discover, save and shop the outfits they see online.  The 25...

Limassol has never been a city that stands still. Ships entering the port, families walking the seafront, traders opening their shops, children growing up around the old neighbourhoods, people leaving ...

Cyprus hoteliers association Pasyxe has elected Yiannos Pantazis as its new president, with Thanos Michaelides stepping down after three years in the role, as the association marked its 90th anniversary ...

Greek and Cypriot bank shares are expected to continue outperforming, with investment firm Axia-Alpha Finance raising its target prices and maintaining buy recommendations, while identifying Eurobank and the Bank of ...

Telecommunications provider Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, marking a strategic investment aimed at expanding Cyprus’ digital infrastructure and strengthening ...

Finance Minister Makis Keravnos will travel to Brussels on Wednesday to participate in meetings of the Eurogroup on July 9 and the ECOFIN Council on July 10, where European Union finance ministers ...

The board of directors of Orca Investments Plc announced on Tuesday that it has successfully completed the payment of a dividend from the retained earnings of the 2023 financial year. This ...

Cyprus’ tourism industry remained heavily concentrated in the summer months during 2025, with Eurostat figures showing that August and July were by far the busiest periods for overnight stays in tourist ...

Geopolitical tensions impact tourism and services exports but construction remains key pillar for economic activity in Cyprus Cyprus’ economic growth slowed to its weakest pace in ten quarters during the ...

Cyprus’ industrial sector generated higher value added and recorded a modest increase in employment during 2024, according to figures released by the Cyprus Statistical Service (Cystat), with manufacturing remaining the main ...

Cyprus recorded a sharp increase in building activity during the first quarter of 2026, with the state statistical service (Cystat) reporting that the number of building permits issued rose by a ...

Telecommunications provider Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, marking a strategic investment aimed at expanding Cyprus’ digital infrastructure and strengthening ...

Cyprus has built fast over the past decade. Towers have gone up, neighbourhoods have changed and real estate has become one of the island’s most visible growth stories. But ...

The Bank of Cyprus (BoC) on Tuesday announced that it has revised its privacy statement as part of a broader strategy to ensure the comprehensive protection of personal data. This ...