Cyprus Business News

The Cyprus economy continued to grow robustly in 2025, with updated data from the Cyprus Statistical Service (Cystat) confirming continued expansion both annually and in the final quarter of the year. ...

Construction material prices in Cyprus continued to rise, with the price index of construction materials showing both monthly and annual increases in March, according to a report from the state ...

Civil servants trade union Pasydy welcomed the submission to parliament of three bills aimed at overhauling recruitment in public service, saying the existing system was marked by serious weaknesses and ...

The cost of implementing the digital euro could reach €18 billion, according to a new study, far exceeding previous figures cited by the European Central Bank (ECB). The updated cost study ...

Eurobank S.A. on Monday announced that it had repurchased more than one million shares as part of its ongoing share buyback programme. In a filing to both the Cyprus ...

Finding a home at a reasonable price in Cyprus is becoming increasingly difficult, with rents continuing to absorb a growing share of household income, especially for low-income earners. According to ...

Cyprus’ economy showed mixed but generally positive developments in early 2026, with gains in construction, tourism, and vehicle registrations offset by declines in trade, according to a report from the state ...

Cyprus was among the countries that posted solid gains in real minimum wages in 2026, even as inflation continued to erode purchasing power across much of Europe, according to an analysis ...

Cyprus tourism is showing the first signs of recovery after the geopolitical crisis battered bookings and fuelled misleading impressions abroad that the island was directly involved in the war, with ...

The Bank of Cyprus (BoC) was named ‘Best Private Bank Cyprus 2026’ in the Global Banking & Finance Awards, organised by Global Banking & Finance Review, in recognition of its standing ...

In the past few years, more and more high-growth companies have quietly shifted from selling in the public market to staying private for longer periods of growth. This shift is ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced a training seminar on generative artificial intelligence tools, aimed at enhancing the integration of AI into business operations. The programme, ...

The Cyprus Ports Authority (CPA) has launched a tender for the granting of a licence to use and operate premises at the Old Port of Limassol, with an estimated value ...

Poland’s upgrade of its travel advisory for Cyprus to level 1 marks a positive development for the country’s tourism outlook, according to Deputy Minister of Tourism Kostas Koumis. The ...

Flights from Israel to Cyprus are expected to resume this week week, offering a reprieve to the island’s tourism sector, according to Cyprus Hoteliers Association (Pasyxe) director general Christos ...

State Aid Commissioner Stella Michaelidou has approved a state grant to Plug and Play Cyprus Innovation Centre to cover its operational costs, among other expenses. According to an announcement released ...

The Employers and Industrialists Federation (Oev) has outlined key labour developments for 2025 ahead of its annual general assembly later this month. Specifically, the assembly will take place in Nicosia on ...

By Pavlos Loizou, CEO Ask Wire  Walk through the centre of Nicosia, Limassol, or Larnaca and the pattern becomes impossible to ignore. Vacant plots sitting idle for decades. Buildings — put ...

Here are the top business stories in Cyprus from the week starting April 14: Cyprus remains the top global location for hiring in the online trading sector during the second quarter ...

Cyprus recorded an employment rate of 81.3 per cent in 2025, placing it well above the EU average of 76.1 per cent, according to a report from Eurostat released on Friday. The figures ...

The Central Bank of Cyprus (CBC) on Friday announced the issuance of a €2 commemorative coin marking the Republic of Cyprus’ assumption of the Presidency of the Council of the European ...

Demetra Holdings Plc on Friday announced that it completed a share buyback on April 16, acquiring 6,400 of its own shares during the daily session. The transaction was carried out by Demetra ...

Petrolina (Holdings) Public Ltd on Friday announced that its board of directors will convene on April 29, 2026, to review financial results and consider a potential dividend. The meeting will take place ...

The Cyprus Stock Exchange (CSE) has announced that it will extend the suspension of trading for four companies listed on the Emerging Companies Market starting from April 20, 2026. This decision affects ...