Cyprus Business News

Fourlis Group reported stronger sales and profitability for the first nine months of 2025, as continued expansion of its IKEA, Intersport and Foot Locker networks supported performance across Greece, Cyprus and ...

The Cyprus Institute of Certified Public Accountants (ICPAC) and the Cyprus Compliance Association (CCA) have signed a Memorandum of Understanding (MoU) aimed at strengthening corporate governance, transparency and compliance practices ...

The 2nd Women in STEM Cyprus Summit, titled Voices of Change, was successfully held with the backing of Cyprus President Nikos Christodoulides. With more than 300 participants, the event was co-organised ...

Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025. The document groups ...

Cyprus has been recognised with the Best Global Climb Award Among EU Countries in the 3rd Edition of the StartupBlink Startup Ecosystem Awards, according to an announcement by StartupBlink, the ...

The 16th Pension Forum in Nicosia examined the critical issues facing Cyprus’ pension system and the new perspectives emerging in a rapidly changing environment, according to the event overview. The ...

Cyprus’ parliamentary commerce committee is moving towards lowering the turnover threshold for companies eligible for a simple review of financial statements to €400,000, narrowing down the €900,000 level initially proposed by Disy. ...

Cyprus is attracting a growing wave of fintech activity as firms take advantage of its EU-regulated framework and strategic location. Among them is ECOMMBX, a licensed Electronic Money Institution (EMI) ...

Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025. The document groups ...

Promed Bioscience, a biotech company specializing in advanced collagen-based biomaterials for regenerative medicine, has successfully closed a €1.25 million growth financing round led by KV Fund II. Overall, the investment emphasises ...

GDEV Inc., an international gaming and entertainment company headquartered in Limassol, published its unaudited financial and operational results for the third quarter this week, reporting lower revenue but stronger profitability ...

IDEA Innovation Centre of Bank of Cyprus (BoC) has opened applications for its 11th Startup Programme, inviting entrepreneurs who want to turn an innovative concept into a functioning business. Applications ...

The Emirates Shipping Association brought the UAE’s maritime community together on Thursday evening for Latitude 25° at the Jumeirah Emirates Towers Terrace, an event aimed at reflecting on a busy ...

Stable restraint in consumer prices continued in October, according to the monthly price observatory published by the Consumer Protection Service, with annual inflation remaining negative for a sixth consecutive month. ...

The Bank of Cyprus (BoC) has been named ‘Best Private Bank in Cyprus 2026’ by Global Finance outlet, a move that further consolidates its lead in the local private banking market. ...

Cypriots remain determined to squeeze in at least one more meaningful experience before the year ends, according to a new Mastercard survey covering 20 countries, including Cyprus. Despite the calendar closing ...

Deloitte Cyprus has strengthened its leadership team with the appointment of Vaios Makrygiannis as Partner and Transfer Pricing Leader, effective December 1, 2025, the firm said. Makrygiannis joins from Deloitte Greece, where ...

Marios Tsiakkis has taken on a new role as a Non-Executive Director at Baker Tilly South East Europe, almost a year after stepping down from the Cyprus Chamber of Commerce ...

Cyprus’ Deputy Minister of Shipping Marina Hadjimanolis is in London this week for the 34th General Assembly of the International Maritime Organisation (IMO), where she will lead the Cypriot delegation ...

European businesses expect the upcoming Cyprus Presidency of the Council of the EU to deliver concrete progress on competitiveness and regulatory simplification, according to Fredrik Persson, president of BusinessEurope, during ...

For many, the word ‘forex‘ evokes images seen on social media: luxury cars, quick fortunes, and charismatic influencers touting guaranteed trading success. This high-octane portrayal, focused on rapid wins and ...

The Emirates Shipping Association brought the UAE’s maritime community together on Thursday evening for Latitude 25° at the Jumeirah Emirates Towers Terrace, an event aimed at reflecting on a busy ...

Here are the top business stories in Cyprus from the week starting November 17: The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement summarising the recently-held annual ...

An automatic cost-of-living adjustment, or CoLA, is effectively a system of wage indexation designed to address inflation, yet there is no universal application nor a unified model for its implementation. ...