Cyprus Business News

The Cyprus Securities and Exchange Commission (CySEC) announced on Monday that it reached a €40,000 settlement with Bridge Global Solution Services Limited over possible breaches related to anti-money laundering legislation and ...

Cyprus’ insurance sector is entering a more demanding period from a position of relative strength, even as global insurance leaders become less confident about short-term growth, according to Constantinos Rossides, ...

The Labour Ministry and the European Labour Authority (ELA) will host an international conference in Larnaca on May 12 to address undeclared work and promote fair labour mobility across Europe. The ...

Cyprus’ total number of state employees reached 55,571 in April 2026, with overall public sector employment recording a marginal year-on-year increase of 0.1 per cent. According to a report from the Cyprus Statistical ...

Cyprus recorded a wider trade deficit in the first quarter of 2026, as imports increased while exports declined compared with the same period last year. Specifically, the trade deficit reached €2.04 billion ...

Blackstone announced on Monday that funds managed by its private equity business have reached a definitive agreement to acquire a majority stake in Skroutz, Greece’s largest online shopping platform, ...

Cyprus has reached an important juncture as international demand undergoes a fundamental shift from pure investment interest toward relocation, lifestyle, and a long-term presence on the island. Speaking after the ...

The Cyprus Stock Exchange announced on Monday the continued suspension of trading for shares in Mr Pengu Public Company Ltd, which is listed on the Emerging Companies Market. The CSE ...

Demetra Holdings Plc on Monday announced that its board of directors has proposed a total dividend payment of €20,000,000 for the fiscal year ending December 31, 2025. This strategic financial proposal, which follows ...

Chartworld Shipping Company managing director Antonis Faraklas has warned that geopolitical instability has made international shipping increasingly difficult to predict, saying fleet diversification has become a key survival strategy for ...

Limassol’s ambitious plan to deliver hundreds of affordable rental homes has been cast into fresh uncertainty as a growing rift between the municipality and the Cyprus Land Development Organisation (...

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital ...

Visa has selected seven fintechs from Greece, Cyprus and Malta for the 2026 cycle of the Visa Innovation Programme Europe, as applications from the three markets rose by around 50 per cent ...

The treasury office has launched a new digital tool allowing citizens to monitor the implementation of the state budget through open, interactive data, accountant general Andreas Antoniades said. Speaking to ...

Eurobank S.A. released its interim consolidated financial statements on Monday, providing further detail on its performance following the initial publication of its financial results on last week. The comprehensive ...

Market intelligence firm Omdia has significantly increased its semiconductor revenue forecast for 2026 to 62.7 per cent, pointing to unprecedented growth in DRAM and NAND markets driven by sustained demand and ongoing ...

The Cyprus Chamber of Commerce and Industry (Keve) announced its participation in the European co-funded eValueJobs project, aimed at strengthening pay transparency and promoting equal pay in line with new ...

WISTA Cyprus members recently visited the liquefied petroleum gas terminal operated by VLPG Plant Ltd in Vasiliko, offering participants a close-up look at one of Cyprus’ most important and modern ...

Cyprus Airways was recognised as the fastest-growing airline in western Europe during the 2.5 Airline Marketing Workshop held in Athens as part of celebrations marking the 25th anniversary of Athens International ...

The latest edition of Cyprus 4.0 examines how Cyprus’ financial sector is adapting to rapid technological change, as banks, regulators and fintech firms respond to a global shift in how money ...

Here are the top business stories in Cyprus from the week starting May 4: The Cyprus Chamber of Commerce and Industry (Keve) on Monday issued a statement welcoming the election of ...

A small weekly meetup launched in Limassol in 2017 has evolved into one of Cyprus’ largest recurring tech and business networking communities, with Cyprus_iT recording more than 40,000 visits across its ...

Eurobank S.A. has issued a formal notification regarding significant revisions to its financial calendar for the remainder of the year. The update, which follows an initial schedule released earlier ...

Eurobank on Friday reported an adjusted net profit of €351 million for the first quarter of 2026, with the bank citing strong lending activity, resilient operating performance and continued growth across its ...