Cyprus Business News

State Aid Control Commissioner Stella Michaelidou has ruled that the grant scheme for financing the operation of the Cyprus AI Factory Antenna Pharos-CY is compatible with European Union state aid ...

Gas field decision unlocks domestic energy opportunities, expert says The final investment decision to develop the Kronos natural gas field in block 6 of Cyprus’ exclusive economic zone offers an opportunity ...

The Bank of Cyprus is expected to deliver another strong quarter, with analysts forecasting robust profitability and the potential for generous shareholder distributions, as Greek and Cypriot banks continue to ...

Larnaca facility to support easyJet fleet under new long-term deal Aircraft maintenance firm Bird Aviation announced on Wednesday that it has signed a long-term agreement with low-cost airline easyJet to ...

Non-Cypriots more likely to be at extreme high and low ends of pay scale Cyprus’ average monthly earnings increased during the first quarter of 2026, according to provisional figures released by ...

The Cyprus Shipping Association (CSA) has welcomed the revision of the European framework for the green transition in shipping, saying it represents a significant opportunity for Cyprus to accelerate investment ...

Demetra Holdings Plc announced on Wednesday that it repurchased more of its own shares on the Cyprus Stock Exchange (CSE) following prior shareholder approval. The Cypriot investment firm said it ...

Factorial has evolved rapidly from an HR software provider into a broader AI-driven business management platform, reflecting the growing demand from small and medium-sized enterprises for integrated digital tools that ...

Cyprus’ newly established Cyprus Business Development Organisation is expected to become operational within the next 12 to 18 months, despite legislation creating the institution having already been approved by parliament. The organisation ...

The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm Ask Wire. The ...

Ellinas Finance Public Company Ltd on Tuesday confirmed the posting of dividend payments to eligible shareholders following its 2025 financial year results. The company announced that dividend entitlements were dispatched on ...

The Central Bank of Cyprus (CBC) on Tuesday published its 2025 Financial Stability Report, warning that although Cyprus’ financial system remains resilient, elevated geopolitical tensions, global uncertainty and emerging risks continue ...

The Central Bank of Cyprus (CBC) has found that Cyprus’s 2026 personal income tax reform will deliver its largest financial gains to upper-middle-income and high-income households, according to a recently ...

A series of 40 islandwide regional meetings aimed at informing the public about the terms of a 42 million share public offering will begin on July 30, 2026, organised by the Pancyprian Cooperative Society ...

The 50 highest-value property transactions completed in Cyprus during the first six months of 2026 were worth a combined €286.4 million, according to analysis released by real estate analytics firm Ask Wire. The ...

Cyprus sets out ambitious roadmap for artificial intelligence Cyprus recently unveiled its National AI Strategy 2032, setting out an ambitious long-term roadmap intended to transform public administration, strengthen economic competitiveness and ...

Petrolina (Holdings) Public Ltd on Tuesday announced that it has paid the final dividend for 2025, amounting to €0.02 per share, with the distribution handled through the Cyprus Stock Exchange’s (CSE) ...

Bank of Cyprus official praises innovative digital investment expansion Investment app Wealthyhood x BoC on Tuesday launched trading in Cypriot and Greek stocks, allowing retail investors across Cyprus, Greece and ...

Citi has maintained its ‘buy’ recommendation for Eurobank and reaffirmed its target price of €5 per share, while slightly raising its profitability forecasts for the banking group ahead of its second-quarter ...

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Monday that it has granted Dinos Lefkaritis an exemption from the obligation to submit a mandatory public takeover bid following a ...

Bank deposits and lending in Cyprus both recorded stronger monthly increases in June, according to figures published by the Central Bank of Cyprus (CBC), reflecting continued growth in household and ...

Tourism and business officials examine role of theme parks in Cyprus Cyprus’ efforts to expand its theme park sector could help transform the island into a more diversified, year-round tourism ...

Cyprus Cement Public Company Ltd and K+G Complex Public Company Ltd have announced the distribution of dividends to their entitled shareholders. Both companies confirmed that dividend cheques have been ...