Cyprus Business News

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 ...

The Economic Sentiment Indicator in Cyprus fell by 0.2 points during January, reflecting weaker business confidence in several sectors, according to an Economic Tendency Survey compiled and published by the Economics ...

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

Forecasts published last week show that by 2030 the EU could be reliant on the US for 80 per cent of its LNG imports (Figure 1). That could mean about 40 per cent of ...

George Malekkos has taken over the presidency of the Cyprus Information Technology Enterprises Association (CITEA), setting out priorities centred on member value, artificial intelligence and closer cooperation with the state ...

Cyprus household financial assets rose to €63 billion at the end of September 2025, with more than half held in liquid and loan-related instruments, according the Central Bank of Cyprus (CBC). According ...

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

Cyprus’ seasonally adjusted unemployment rate fell to 4.3 per cent in December 2025, according to Eurostat, highlighting improved labour market conditions compared with a year earlier. The statistical office of the European ...

Eurostat has reported steady economic growth across the European Union over the fourth quarter of 2025, a trend which Cyprus is expected to mirror, and potentially outperform, over the coming years. ...

Cyprus’ national minimum wage has reached €1,088 per month, placing the country among mid-range earners in the European Union, according to Eurostat. The figures showed that 22 out of 27 EU countries had ...

Cyprus expanded its economic, technological and energy engagement with the UAE and the wider Gulf in 2025 through a series of trade, investment and institutional initiatives coordinated by the Cyprus Trade ...

Cyprus’ Index of Industrial Output Prices rose modestly year on year in December 2025, reflecting small monthly gains across most industrial sectors, data published by the statistical service (Cystat). The index ...

Cyprus’ administrative and corporate services sector was promoted in India this week by a delegation of the Cyprus Fiduciary Association (CYFA), which took part in the Cyprus – India Business and ...

Cypriots are increasingly turning to card payments, placing the country among the eurozone’s top adopters of non-cash transactions, data published this week by the European Central Bank (ECB) showed. ...

Capital Link will host the 9th Annual Capital Link Cyprus Shipping Forum on Tuesday, February 17, 2026, at Columbia Plaza in Limassol, bringing together senior policymakers, shipowners, financiers and industry leaders at ...

President Nikos Christodoulides on Thursday outlined Cyprus’ business, trade and competitiveness priorities at the Eurochambres presidency meeting hosted by the Cyprus Chamber of Commerce and Industry (Keve) in Nicosia. Addressing ...

The Cyprus Industrial Production Index climbed to 111.2 units in November 2025, representing a sharp 8.5 per cent increase compared to the same month in the previous year, according to the Cyprus Statistical ...

The annual growth rate of deposits reached 6.50 per cent and that of loans rose to 10.70 per cent in December 2025, according to data released on Thursday by the Central Bank of ...

Eurobank solidified its role as a primary financial architect between India and Europe by spearheading discussions at the Cyprus-India Business and Investment Summit 2026 held in Mumbai on January 28. “The summit ...

Tourism revenue in Cyprus rose sharply in November 2025, with total receipts reaching €168 million, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). The increase represents a 21.1 ...

Europe’s drive to strengthen competitiveness and economic resilience came into sharp focus on Thursday during a meeting of the Eurochambres presidency in Nicosia. The meeting took place at the ...

The Cyprus Information Technology Enterprises Association (CITEA), a member of the Employers and Industrialists Federation (Oev), held its annual general meetingthis week, during which elections were conducted for its board ...

Limassol continues to set the cost benchmark in Cyprus, driven primarily by sustained pressure on housing, while higher prices also extend into restaurants, leisure and private services, according to Numbeo’...