Cyprus Business News

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday presented a new governance model for the bank to the House finance committee. According to an announcement by the CBC, ...

The Bank of Cyprus Holdings Plc on Monday announced that its board of directors will meet on Tuesday, November 11, 2025, to review the financial results of the Bank of Cyprus Group ...

Fairfax Financial Holdings has signed a term sheet with Eurobank Ergasias Services and Holdings for the sale of its 80 per cent stake in Eurolife FFH’s life insurance operations for €813 ...

The European workplace is set for a major change next summer as new EU rules on pay transparency come into force, requiring companies to reveal salary details in job adverts ...

23-year-old George Chrysostomides, founder of Shrine Solutions Ltd (shrine.io), has announced that he will donate the entire €100,000 awarded to him by Sir Stelios Haji-Ioannou to support young entrepreneurs and ...

Cypriot telecoms provider Cyta retained its lead in the mobile telephony market during the first half of 2025, according to figures from the Office of the Commissioner for Electronic Communications and ...

Low-cost carrier Wizz Air on Monday announced that it has partnered with Telethon Cyprus as the official airline for the charity trip “On the Wings of Hope”, which will take ...

Cyprus’ property market is calmer this year, with foreign demand still providing momentum even as higher borrowing costs, rising construction prices and new environmental realities begin to reshape investment decisions.  ...

Allwyn International AG and OPAP S.A. on Monday announced that their boards of directors have approved a merger through an all-share transaction valued at €16 billion, creating the world’s ...

The Bank of Cyprus on Monday announced the launch of the IBU India Hub, a new strategic initiative designed to enhance its service offering and specialisation for businesses and individuals ...

Here are the top business stories in Cyprus from the week starting October 6: One of the government’s main goals, the qualitative and further strengthening of the Cypriot ship registry, ...

Eurobank Limited on Friday announced the completion of the merger of its Cypriot insurance subsidiaries, marking a significant development in the consolidation of its insurance operations in Cyprus. The merger, ...

The Finance Ministry’s debt management office will hold a public auction of €25 million in treasury bills on October 20, 2025. The auction will cover bills with a 13-week maturity and will ...

Cyprus participated in the international exhibition World Food India 2025, which took place in New Delhi from September 25 to September 28, 2025, through the Cyprus Trade Centre in New Delhi under the Energy ...

Eurobank Limited on Friday announced the completion of the merger of its Cypriot insurance subsidiaries, marking a significant development in the consolidation of its insurance operations in Cyprus. The merger, ...

Cyprus recorded the largest increase in commercial flights among EU member states this September, with activity up 24.1 per cent compared with the same month in 2019, according to the latest Eurostat ...

The Cyprus Shipping Chamber (CSC) expressed its strong support for a joint statement by seven leading international maritime organisations urging governments to adopt the ‘Net-Zero Framework’ (NZF).  The proposal is ...

One of the central themes of the recently-concluded Cyprus–Greece Business and Investment Forum was that the two countries should pursue stronger collaborations, partnerships, and joint ventures to bolster their ...

A landmark in sustainability and innovation, the future-forward commercial hub is setting new standards for the island’s real estate industry Neocleous Tower is a groundbreaking commercial development in central ...

Cyprus recorded a trade deficit of €5.15 billion in the period from January to August 2025, compared to €4.15 billion during the same period in 2024, according to the state statistical service (Cystat). Total ...

Cyprus recorded a general government fiscal surplus of €1.39 billion, equal to 4 per cent of GDP, for the period from January to August 2025, according to preliminary figures released on Friday by ...

More than 1,000 delegates took part in the international Maritime Cyprus 2025 conference, held in Limassol from October 6 to October 8. The conference focused on how to unlock the future of shipping, exploring ...

A bill submitted to parliament by the Deputy Ministry of Tourism seeks to modernise the legal framework governing catering and entertainment venues, aiming to boost competitiveness and simplify outdated procedures ...

The Cyprus Association of Large Investment Projects has backed a bill to establish a national mechanism for the control of foreign direct investments (FDI), saying it will bolster the credibility ...