Cyprus Business News

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects ...

The Bank of Cyprus (BoC) on Monday announced that it was named Best Sub-Custodian Bank in Cyprus for 2026 by international financial publication Global Finance, recognising the bank’s performance in ...

Investment firm Demetra Holdings Plc announced on Monday the repurchase of its own shares in line with regulatory requirements of the Cyprus Stock Exchange (CSE) and the Cyprus Securities and ...

Andreas Spyrides takes helm of CFA Society Cyprus CFA Society Cyprus announced on Monday the election of a new board of directors, marking a new phase for the organisation following ...

Eurobank announced on Monday that it repurchased 1,464,364 shares on the Euronext Athens for a total cost of €6,119,952.33 between July 20, 2026 and July 24, 2026, as part of its ongoing share buyback programme. The ...

The Cyprus Trading Corporation (CTC) announced on Monday the completion of its mandatory takeover bid for Ermes Department Stores Plc. The company said the process related to the acquisition of ...

By Stephanos Spyrou Picture a fairly ordinary Tuesday. Someone in your office is fighting a PDF that will not convert, or a clause that needs translating before a call in ...

Here are the top business stories in Cyprus from the week starting July 20: A family of four could spend around €120 on a single day at an organised beach in Cyprus, ...

Replying to a fraudulent text may feel satisfying, but it can validate an active number and open the door to a more convincing con. In Cyprus, the bait increasingly resembles ...

A Cyprus-based venture capital firm is positioning itself ahead of anticipated landmark IPOs in the artificial intelligence sector, with its leadership arguing that the flotations could reshape global valuation benchmarks. ...

The next great technology battle will not be fought in our pockets. It will take place on our faces.  More than a decade after Google Glass became a cautionary tale ...

Recent opinion surveys indicate that the affordability crisis is the most pressing concern for Cyprus households. Indeed, many state their inability to cope with daily cost-of-living pressures and doubt that ...

Cyprus brought together 27 Port State Control inspectors from 11 Mediterranean countries for specialist training on cargo securing, strengthening regional cooperation on maritime safety and ship inspections.  The two-day seminar, held on ...

Air transport prices in Cyprus fell in June while average air fares across the European Union continued to rise, according to figures released by Eurostat this week. The EU statistical ...

By Theodoros Loukaidis, Director General of the Cyprus Research and Innovation Foundation We often speak about young people as the leaders of tomorrow. Truth is, many of them are already ...

Cyprus implemented 25 per cent of its 2026 development budget during the first half of the year, maintaining the same pace as in the corresponding period of 2025 and running above the 22 per ...

The European Central Bank (ECB) left its key interest rates unchanged earlier this week, with Central Bank of Cyprus (CBC) governor Christodoulos Patsalides warning on Friday that the broader effects ...

The Central Bank of Cyprus (CBC) on Friday called on citizens to take part in a Europe-wide survey launched by the European Central Bank (ECB), inviting the public to help ...

A major international crackdown on botnet infrastructure has failed to reduce cyber risks facing businesses in Cyprus, according to new data released by cybersecurity company Qrator Labs for the second ...

Cyprus had one of the lowest levels of precision farming adoption in the EU in 2023, with only about 1 per cent of farms using such technology, according toa report from Eurostat. ...

The anticipated IPOs of Anthropic and OpenAI could be among the most consequential market events of a generation by setting a benchmark valuation for AI-native firms. Alexey Garyunov, general partner ...

Demetra Holdings Plc on Friday announced to investors that it purchased more of its own shares during the trading session on July 23, 2026. The share repurchase was executed through the Cyprus ...

Trade unions representing hotel and leisure-centre workers in Cyprus have called for immediate workplace inspections, warning that the use of temporary workers supplied on a “rental” basis is rising sharply ...

Cyprus wants to become a trusted regional artificial intelligence hub in the Eastern Mediterranean, using technology to improve people’s lives and strengthen the economy without allowing it to weaken ...