Cyprus Business News

Safe Bulkers has ordered four Japanese-built dry bulk vessels, including its first Capesize newbuilding, as the Cyprus-linked shipowner continues to renew its fleet with more fuel-efficient and environmentally advanced ships.  ...

The anti-money laundering unit (Mokas) and the Cyprus Compliance Association (CCA) recently signed a strategic memorandum of understanding (MoU), aimed at strengthening cooperation and practical engagement in the prevention and ...

President of the Cyprus Centre for European and International Affairs and University of Nicosia professor Andreas Theofanous will deliver a presentation at the informal ECOFIN Council of European Union finance ...

Cyprus Stock Exchange (CSE) chairman Marinos Christodoulides on Monday said that the institution is preparing for a new phase of privatisation, international expansion and technological modernisation. Speaking during an event ...

The European Central Bank’s (ECB) latest wage tracker showed easing negotiated wage growth across the euro area in 2026, while recent data from Cyprus pointed to continued salary increases alongside ...

Young professionals, students and CFA candidates will be given a closer look at the changing face of finance and investment management next week, as CFA Society Cyprus prepares to host ...

Cyprus’ Tax Department is set to begin sealing the premises of businesses with unpaid tax debts during the summer, using powers introduced under the country’s new tax framework that ...

Investment bank UBS has issued an optimistic update on the Greek banking landscape, pointing out that it is no longer a monolith but a tale of two distinct investment paths, ...

Invest Cyprus has signed a memorandum of understanding with the Portuguese-Brazilian Chamber of Commerce, in a move aimed at strengthening investment cooperation, business synergies and access to strategic markets linking ...

Cyprus property sales remained firmly in double-digit growth in April, despite the ongoing crisis in the Middle East, with transactions rising 15 per cent year-on-year to 1,611, from 1,404 in the same month ...

Demetra Holdings Plc announced on Tuesday that the company completed a buyback of its own shares during a market session held on the previous day. Operating under the relevant regulations ...

Philoktimatiki Public Limited issued a formal notice on Tuesday announcing that its annual general meeting will take place at the company’s offices in Nicosia on June 11, 2026. According to the ...

Cyprus’ betting market continued to strengthen in the fourth quarter of 2025, with total gross revenue from Class A and Class B operators rising by 22 per cent year-on-year to €395.5 million, according ...

Hermes Airports this week marked 20 years since signing the concession agreement with the Republic of Cyprus for the management of the international airports of Larnaca and Paphos, highlighting the transformation ...

The International Maritime Organisation’s (IMO) Legal Committee is reviewing a key update on the fair treatment of seafarers, as shipping bodies intensify efforts to protect crews from arbitrary detention, ...

The landscape of commercial transactions in Cyprus is undergoing a profound shift as the island moves closer to a cashless society. While international payment giants have long dominated the fintech ...

Thanos Hotels & Resorts has carried out a €10 million investment in Anassa, located in Neo Chorio, Paphos, reinforcing the position of one of the most iconic luxury hotels in the ...

Cyprus’ current account balance continued to improve in 2025, although ongoing geopolitical tensions in the Middle East remain a significant risk for the economy’s external position, according to Eurobank research ...

The American Chamber of Commerce in Cyprus (AmCham) has announced that its Digital Transformation and Fintech Committee will host a high-level executive forum on artificial intelligence in Nicosia on May 25. ...

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital ...

The Education, Training and Young Talent Attraction Committee of the Cyprus Employers and Industrialists Federation (Oev) recently met with the management of the Human Resource Development Authority (Anad) to discuss ...

Greek shipowner George Prokopiou has criticised Europe’s energy policy, arguing that political decisions on shipping, natural gas and LNG have left the continent facing higher costs, weaker industry and ...

Cyta presented three new initiatives in Nicosia on Monday aimed at strengthening digital inclusion and expanding equal access to technology across Cyprus. The presentation took place at Cyta’s headquarters ...

The Bank of Cyprus (BoC) on Monday presented its first-quarter 2026 financial results, with chief executive Panicos Nicolaou highlighting the resilience of the Cypriot economy and signalling further strengthening of shareholder ...