Cyprus Business News

The Evangelismos hospital in Paphos is set to be acquired following the signing of a sale agreement, pending final approval from the Cyprus Commission for the Protection of Competition (CPC). ...

Cyprus ranks among the lowest in Europe for job satisfaction, workplace leadership and psychological safety, according to the European Workforce Study 2025. The survey, whose findings were shared by Philenews, was ...

The Administrative Court has annulled a fine of more than €6.4 million imposed by the Cyprus Securities and Exchange Commission (CySEC) on Greek business siblings Ioannis and Amalia Vardinogiannis over allegations ...

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) Public Ltd on Monday confirmed that it paid dividends to shareholders on Friday, July 4, 2025. The announcement was made by Ariadne Samouil, Chief Financial Officer of ...

Finance Minister Makis Keravnos on Monday will chair a Eurogroup meeting, which is also set to elect a new president for the next two and a half years. According to ...

The 3rd CSN Mediterranean Crewing Conference drew a full house of international crewing professionals, HR leaders, shipowners and technology providers in Athens end of June, placing a spotlight on seafarers’ ...

Cyprus recorded a 2 per cent rise in house prices in the first quarter of 2025 compared with a year earlier, while rents continued to increase across the island, Eurostat data showed. ...

By Dr Christodoulos Patsalides In the world of banking, long periods of profitability can dull the instinct to reassess risk. When financial institutions experience years of stable returns and upward-trending ...

Here are the top business stories in Cyprus from the week starting June 30: Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard ...

Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard security and public order while maintaining an open environment for investors. The Council ...

Bank workers’ union (Etyk) last week held a special event in honour of former Central Bank of Cyprus (CBC) governor Constantinos Herodotou. According to a statement released on Friday, the ...

Thirteen bounced cheques totalling €28,296 were registered in the preliminary list of the Central Information Register (CIR) in June, according to a report published on Friday by the Central Bank of ...

The Finance Ministry on Friday announced the scheduled delisting of Cyprus government treasury bills from the fourth issuance of 2025, which are set to mature on July 25, 2025. The treasury bills in ...

Freedom Holding Corp. on Friday announced that it has secured a notable vote of confidence from institutional investors, as its shares were added to the First Trust Financials AlphaDEX Fund (...

The Bank of Cyprus (BoC) on Friday announced a revision to its privacy statement, saying this part of its ongoing efforts to safeguard personal data and ensure full compliance with ...

The Cyprus House Price Index (HPI) climbed to 113.71 units in the first quarter of 2025, reflecting a 2 per cent increase compared with the same period in 2024, according to a preliminary estimate ...

Cyprus’ Industrial Turnover Index climbed to 137.2 units in April 2025, marking a 1.6 per cent increase compared with April 2024, according to data released on Friday by the Cyprus Statistical Service (Cystat). The ...

The Paphos regional tourism board (Etap) this week called for a revision of local bus timetables following the completion of its first free community excursion programme to the Akamas region, ...

Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard security and public order while maintaining an open environment for investors. The Council ...

State-owned asset management company (Kedipes) announced this week that it has officially terminated its interest subsidy scheme for performing credit facilities indexed to the European Central Bank’s main refinancing ...

The Transport Ministry on Friday announced the signing of a contract for dredging works at Larnaca marina. “We are pleased to announce the signing of the contract for the dredging ...

Dubai Silicon Oasis, part of the Dubai Integrated Economic Zones Authority (DIEZ), has partnered with The Doers Company to host the first Middle East edition of its Doers Summit, aiming ...

The hotel industry is bracing for fresh tensions as unions and employers clash over alleged breaches of the collective agreement signed in December 2024. According to a report in Philenews, the ...

Greece’s power grid operator on Thursday pushed back against mounting criticism over its demand that Cyprus cover part of the costs for the undersea electricity interconnection project linking Cyprus, ...