Cyprus Business News

Housing affordability pressures in Cyprus and across the EU are prompting calls for tighter controls on property purchases by third-country nationals, faster licensing and a unified housing authority, according to ...

Eurobank on Thursday released a statement detailing its participation at the 13th Energy Symposium, which took place in Nicosia this week. Eurobank was an official sponsor of the symposium, which, ...

The Human Resources Development Authority’s (Anad) budget and medium-term fiscal framework for 2026–2028 were submitted to parliament, setting out higher spending plans aimed at upgrading skills, strengthening productivity and improving ...

Aviation training ties between Cyprus and the UAE are set to deepen after Intercontinental Aviation Enterprise FZ-LLC (IAE), owner of Intercontinental Aviation Academy (IAA Global), signed a Memorandum of Understanding (...

European business leaders are in Nicosia today and tomorrow for BusinessEurope’s Council of Presidents (CoPres), hosted by the employers and industrialists federation (Oev), as Cyprus prepares for its EU ...

The Cyprus Chamber of Commerce and Industry (Keve) and a delegation from Connect Europe, an association representing telecommunications and connectivity providers, held a meeting this week at the Cyta offices ...

Walking into Messukeskus on the first morning of Slush 2025 you feel the pace before you see it. The lights are low. The stages are loud. The queues for startup booths, ...

The way money moves around the world is changing fast, and not in the direction most people expected. For years, the assumption was that payments would become more unified, more ...

Kinisis Ventures Fund II (KVF II) announced this week that it has invested €400,000 in Smartline, the Netherlands-based company behind EQQU, a screenless smart bracelet designed as minimalist jewellery but equipped ...

The Cabinet on Wednesday approved a proposal from the Finance Ministry to establish a fast dispute resolution mechanism aimed at addressing delays in major public works projects. Finance Minister Makis ...

The Cabinet on Wednesday approved a proposal from the Finance Ministry to establish a fast dispute resolution mechanism aimed at addressing delays in major public works projects. Finance Minister Makis ...

The Central Bank of Cyprus (CBC) on Wednesday announced the issue of a silver collector coin with a nominal value of €5 in proof condition and a mint year of 2025. The ...

Famagusta mayor Simos Ioannou used the district’s annual business assembly this week to call for the city’s return, saying it could become “the foundation of peace and freedom”. ...

Cyprus’ effort to draw back skilled Cypriots working abroad is gaining traction, with around 500 professionals now registered on the new Minds in Cyprus platform, according to Deputy Minister to the ...

Inflation in Cyprus remained subdued in October, with the Harmonised Index of Consumer Prices rising by only 0.2 per cent year on year, according to the state statistical service (Cystat). The ...

The Cyprus quarry association and the China Aggregates Association have signed a memorandum of cooperation, solidifying a joint effort to deepen ties in the aggregates sector. The agreement was concluded ...

Following a recent travel agency collapse that left 186 consumers out of pocket with minimal recoverable funds, new legislation is being drafted to strengthen compensation rules, members of parliament learned this ...

Total expenditure on social protection benefits across the European Union amounted to €4.6 trillion in 2023, with Cyprus demonstrating a clear preference for direct cash payments within its €6.09 billion system, according to ...

Finance Minister Makis Keravnos on Wednesday addressed the 4th Akel economy forum in Nicosia, expressing the government’s commitment for a “more resilient economy, a fairer society, and a more ...

The Paphos regional tourism board (Etap) has approved an increased budget of €600,000 and a new action plan for 2026, aiming to upgrade visitor experiences and expand the region’s digital and ...

Finance Minister Makis Keravnos has welcomed the European Commission’s autumn 2025 economic forecast, saying that the findings confirm the economy’s “steady progress, resilience and dynamics” despite geopolitical pressures. In ...

Alpha Bank Cyprus took part in this year’s Movember campaign, an awareness month for men’s health, at the bank’s headquarters in Nicosia, according to an official announcement. “...

Cyprus’ construction materials price index for October 2025 continued its upward trend, rising 1.58 per cent compared to the previous year, driven primarily by cost increases in minerals and mineral products. According ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) and the Unit for Combating Money Laundering, also known as Mokas, have signed a Memorandum of Understanding (MoU) to deepen cooperation ...