Cyprus Business News

Labour costs and job vacancies in Cyprus experienced significant increases in the third quarter of 2024, according to a report released by the state’s statistical service on Monday. According to ...

The Commissioner of State Aid Control Stella Michaelidou on Monday approved a €3 million grant scheme to boost rural tourism. Specifically, the scheme seeks to provide support for the renovation or ...

Limassol’s share of the 2025-2027 state budget has drawn the ire of the Limassol Chamber of Commerce & Industry (Evel), which called for action to address traffic, infrastructure, and ...

Capital Intelligence Ratings has upgraded Hellenic Bank’s foreign currency long-term rating to “BBB-” from “BB”, citing significant improvements in financial stability and capitalisation. This took place on the same ...

CyRIC and bialoom, two Cypriot organisations, are contributing to the PhotonMed project, a major initiative in healthcare innovation, according to an official announcement. PhotonMed is a €32 million international project aimed ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced the appointment of Philokypros Rousounides as its new secretary general. The chamber said that Rousounides will assume his duties ...

Here are the top business stories in Cyprus from the week starting December 9: The European Union’s Digital Operational Resilience Act (DORA), taking effect on January 17, 2025, will impose tougher cybersecurity ...

The Bank of Cyprus on Friday announced that it has “swiftly reacted to the European Central Bank’s (ECB) latest decision to cut interest rates,” announcing a reduction in the ...

All new buildings across the European Union must achieve zero emissions by 2030, while public buildings face an even tighter deadline of 2028. This ambitious plan forms part of the EU’s ...

More than 800 students from schools across Cyprus participated in a series of lectures and talks organised by the Cyprus Securities and Exchange Commission (CySEC), aimed at enhancing financial literacy among ...

The Bank of Cyprus on Friday announced that it has “swiftly reacted to the European Central Bank’s (ECB) latest decision to cut interest rates,” announcing a reduction in the ...

Cyprus unveiled an ambitious aviation strategy during an event held on Thursday by the Mediterranean Flight Safety Foundation (FSF-MED) in Nicosia. At the event, Transport Minister Alexis Vafeades outlined plans ...

President Nikos Christodoulides presented a roadmap for economic growth and resilience during his address at the Cyprus Chamber of Commerce and Industry (Keve) annual general meeting in Nicosia on Thursday ...

S&P Global Ratings has upgraded the long-term issuer credit rating of Freedom Finance Europe Ltd., which operates under the Freedom24 brand, from ‘B’ to ‘B+’. According to the ...

CEO and co-founder of Ask Wire, Pavlos Loizou, is transforming real estate analytics in Cyprus and Greece with over 20 years of experience in valuation, asset management and strategy. Through tools ...

President Nikos Christodoulides on Thursday reiterated the government’s commitment to bolstering Cyprus’ construction and real estate sectors. Christodoulides’ comments were delivered during his speech at the annual general assembly ...

The Cyprus Chamber of Commerce & Industry (Keve) on Thursday called for “bold decisions and substantive measures across nearly all sectors of the economy to sustain the country’s developmental ...

The Cypriot economy showed robust growth across key sectors during January-October 2024, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). The report showed that manufacturing output ...

Andreas Poullikkas, has drawn attention to the pivotal roles of the Henry Hub (HH) in the United States and the Title Transfer Facility (TTF) in Europe in shaping global natural ...

Bank of Cyprus has introduced the QuickPay QR Code, a new feature enabling customers to send and receive payments quickly and securely through the BoC Mobile App using only their ...

President Nikos Christodoulides on Thursday reiterated the government’s commitment to bolstering Cyprus’ construction and real estate sectors. Christodoulides’ comments were delivered during his speech at the annual general assembly ...

The Cyprus Stock Exchange (CSE) has announced the suspension of trading for Hellenic Bank’s Tier 1 and Tier 2 Convertible Capital Securities, effective from Thursday, December 19, 2024. This decision follows Hellenic Bank’...

Headquartered in Cyprus with operations in London and Dubai, Consulco’s strategic approach in real estate and credit investments provides an appealing opportunity for HNWIs and institutional investors seeking resilient ...

The Cypriot government on Wednesday provided an update on its strategic campaign to improve the country’s reputation on the global stage. This effort is being spearheaded by Invest Cyprus ...