Cyprus Business News

Deputy Minister of Tourism Kostas Koumis this week met with Athina Spakouri, Head of the Greek National Tourism Organisation’s office in Cyprus. The meeting allowed the two officials to ...

Deputy Shipping Minister Marina Hadjimanolis departed for London on Sunday, following an invitation from her British counterpart to attend London International Shipping Week 2025. According to an announcement by the Deputy ...

Enterprise Europe Network Cyprus this week announced the MADtech Brokerage Event 2025, scheduled to take place in Madrid later this year. The event will be held on October 29 and 30, 2025, at the ...

Wise Wolves Corporation, founded in Cyprus in 2016, has grown into a financial ecosystem with operations across Europe, Asia, the Middle East and the United States.   Yet Cyprus remains both the ...

Here are the top business stories in Cyprus from the week starting September 8: Cyprus’ airports reached record-breaking levels of passenger traffic in August, with a combined 1.8 million travellers recorded at ...

Larnaca is set to maintain a steady flow of tourists during the winter months, according to current bookings and trends. At the same time, the city’s hotels will all ...

Business & economy wrap-up from the day before Eurobank Cyprus on Friday confirmed that its merger with Hellenic Bank is now fully underway, marking the creation of the new Eurobank ...

A team from Neapolis University Pafos was recently tanked in 79th place at the ICPC World Finals 2025, held in Baku, and also received the Honours distinction. The ICPC is a ...

Low-cost carrier Wizz Air on Friday announced that it will host two open day events for pilots and aspiring pilots in Larnaca this September. According to the announcement, both sessions ...

Limassol will host two major international trade union events in September, placing Cyprus at the centre of global maritime discussions. According to Omepege – Sek, which supports their organisation and represents ...

Bioland Promithia, part of Bioland Energy Group Ltd – one of the largest and fastest-growing renewable energy producers in Cyprus – has announced its participation in the Competitive Electricity Market (CEM), which ...

Telecommunications provider Cyta on Friday announced the departure of Andreas Neocleous from his role as chief executive officer, effective September 12, 2025. “During his tenure as CEO, Neocleous contributed decisively to Cyta’...

Rising construction costs and their knock-on effect on the housing shortage were at the centre of talks held in Brussels by Stephanos Pierides, secretary general of the Federation of Associations ...

The turnover value index for services and transport in Cyprus recorded mixed results in the second quarter of 2025 compared to the same period of 2024.  According to the state statistical service (...

Demetra Holdings Plc on Friday announced the buyback of 6,000 of its own shares, following a string of similar moves in recent weeks. The shares were purchased at a price of 1.68 ...

The European Central Bank (ECB) is under no pressure to cut interest rates further to achieve stable inflation, according to governing council member and Central Bank of Cyprus (CBC) governor ...

The IDEA Innovation Centre, which serves as a startup incubator and entrepreneurship hub, celebrated its tenth anniversary this week. According to an official announcement, the anniversary marks “a decade of ...

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) Public Ltd posted a slight rise in first-half profit for 2025, with net earnings reaching €2 million compared with €1.95 million in the same period last year. Turnover ...

Eurobank Cyprus on Friday confirmed that its merger with Hellenic Bank is now fully underway, marking the creation of the new Eurobank Limited. In an official announcement, the new entity ...

Cyprus’ Chief Scientist Demetris Skourides has completed his first official visit to Saudi Arabia, according to a statement released this week. According to the announcement, the mission focused on strengthening ...

Louis plc held its 26th annual general meeting (AGM) on Thursday, discussing on a number of issues, including the company’s growth, future challenges, and reorganisation plans. In addition, shareholders ...

The Cyprus International Businesses’ Association (CIBA) on Thursday submitted its positions on the proposed tax reform bills as part of the government’s public consultation process. According to CIBA, its ...

Lordos United Public Ltd has announced that its board of directors will meet on September 23, 2025. The company said the meeting will include an examination of the report for the first ...

Demetra Holdings Plc on Thursday announced the repurchase of a further 2,351 of its own shares. According to a filing on the Cyprus Stock Exchange (CSE), the shares were purchased at ...