Cyprus Business News

Young in people in Cyprus were less likely than most of their European peers to drop out of formal education or training during 2024, according to Eurostat, highlighting the island’s ...

Cyprus experienced decline in job vacancies in the third quarter of 2025, according to the state statistical service (Cystat). This signals easing labour demand across the economy as hiring slowed during ...

Cyprus’ statistical service (Cystat) on Monday reported a decline in the number of building permits issued between January and August 2025, reflecting a slowdown in authorisations even as the overall value ...

Eurobank chief executive officer Fokion Karavias said investments are a national necessity and Cyprus plays a pivotal role in the group’s future, in a wide-ranging interview with Greek business ...

Eurogate Limassol is preparing to expand storage capacity at its Container Terminal by demolishing one of two warehouses that pre-date the port’s privatisation, a move that Chief Operating Officer ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Cyprus Research and Innovation Enterprises Association (CRIEA), on Monday announced the creation of the Cyprus Defence and Space ...

Cyprus has marked its most ambitious participation yet at the Robotex International World Robotics Competition in Tallinn, Estonia, with a record-sized delegation and impressive performances across multiple disciplines, said the ...

Europe is pressing ahead with plans to strengthen its shipping, shipbuilding and ports sectors, despite stalled global talks on decarbonisation, with the European Commission preparing two major strategies aimed at ...

Cyprus-based Columbia Shipmanagement (CSM), a member of the Columbia Group, is operating against a backdrop of accelerating regional momentum, as the group continues to deepen its footprint across the Middle ...

The European Union increased its research and development spending in 2024, while Cyprus remained among the weakest performers, according to new figures released by Eurostat. The EU’s total R&...

Here are the top business stories in Cyprus from the week starting December 8: Cyprus advanced another action under its national strategy for gender equality this week, as the office of ...

Women in Tech Cyprus will open the new year with a small community gathering in Limassol, aiming to carry forward the momentum built over the past year around women’s ...

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey ...

PwC Cyprus announced on Friday that Andreas Yiasemides has been elected as the firm’s next chief executive, a decision made by the partnership that will see him formally assume ...

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey ...

Women and girls from across Cyprus stepped into leadership roles on land and at sea, as Winds of Change hosted its inaugural ‘Women at the Helm’ empowerment programme in Larnaca. ...

Cyprus’ bus fleet remained one of the smallest in the European Union in 2024, something which is commensurate with its size, according to a report released on Friday by Eurostat. Specifically, ...

Eurostat on Friday reported that the EU employment rate for people aged 20 to 64 held steady at 76.2 per cent in the third quarter of 2025. This latest release comes shortly after recent ...

The Central Bank of Cyprus (CBC) has announced that the quantity of the silver collector coin, issued to commemorate the 70th anniversary of the start of the Eoka liberation struggle, ...

The Central Bank of Cyprus (CBC) on Friday announced that it deemed it appropriate to maintain the countercyclical buffer (CCyB) rate at 1.5 per cent, effective as from January 14, 2026. The CBC’...

Cyprus’ Ministry of Labour this week awarded businesses and organisations certified in 2025 for implementing good practices on gender equality in the workplace, underscoring the growing emphasis on inclusive and transparent ...

The Cyprus-Greece Business Association on Friday congratulated Greece’s Minister of National Economy and Finance Kyriacos Pierrakakis, on his assumption of the Eurogroup presidency. In a statement from the association, ...

Cyprus and the United Kingdom moved to deepen cooperation in defence and advanced technologies this week, as the first Cyprus-UK Defence Industry Day was held in London, marking what organisers ...

Limassol-based Island Oil Holdings this week announced the acquisition of its newly purchased bunkering vessel, Ruby, which has now officially joined the company’s fleet in Cyprus. Ruby, a vessel ...