Cyprus Business News

Cyprus has been restored to the lowest level of US travel advice, with the state department advising American citizens to exercise normal precautions when visiting the island. According to the ...

PwC Cyprus has honoured employees who achieved top results in ACA, ACCA and university examinations, recognising their academic performance during a ceremony held at the company’s Experience Centre. The ...

Greek shipping’s global reach was brought into sharp focus at Posidonia 2026, after Nasdaq marked the opening of the international maritime exhibition in Athens with a Times Square greeting. The ...

Energy policy in Cyprus must move beyond pre-election slogans towards a coherent long-term national strategy, according to Andreas Poullikkas, professor of energy systems at Frederick University and former chairman of ...

The European Central Bank (ECB) has reported that Cyprus continues to face significant data reporting weaknesses, as it published its latest biennial statistical quality review assessing euro area member states. ...

The collapse of a building in Limassol, which claimed the lives of two people, has exposed “in the most tragic way” the serious and long-standing weaknesses in Cyprus’ framework for ...

FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge for the shipping industry, according to integrated emissions management service EmissionLink. The company made the point after completing ...

Here are the top business stories in Cyprus from the week starting May 25: The Cyprus Chamber of Commerce and Industry (Keve) has strengthened its institutional links with the real estate ...

Interior Minister Constantinos Ioannou has defended the government’s business-friendly approach to housing and development, saying the private sector is better placed than the state to deliver projects quickly and ...

The Index of Industrial Output Prices for April 2026 reached 121.7 units, marking an annual decrease of 0.2 per cent compared to the same month in the previous year. According to a report ...

Ask Wire CEO Pavlos Loizou has warned that Cyprus’ housing problem is not being driven by a lack of land, but by the failure to use existing land effectively, arguing ...

Cyprus recorded a clear improvement in its labour market during the first quarter of 2026, with the unemployment rate falling to 4 per cent compared to 5 per cent in the same period ...

The Cyprus general government recorded a fiscal surplus of €593.4 million during January-April 2026, according to preliminary data released on Friday by the Cyprus Statistical Service (Cystat). The surplus corresponded to 1.5 per ...

Paphos hotels are expected to see occupancy rates exceed 90 per cent during the Kataklysmos holiday weekend, as strong demand from Cypriot visitors gives the sector a welcome, if short-lived, boost. ...

The EU’s Competitiveness Council this week adopted conclusions on sustainable and competitive tourism, in what Deputy Tourism Minister Kostas Koumis described as a key achievement of the Cyprus Presidency ...

Interior Minister Constantinos Ioannou has defended the government’s business-friendly approach to housing and development, saying the private sector is better placed than the state to deliver projects quickly and ...

Christos Tsanos has been re-elected president of the Limassol district branch of the Cyprus Hoteliers Association (Pasyxe), as the city’s hotel industry looks to maintain stability in a period ...

Posidonia 2026 is set to highlight the global reach of Greek shipping, with this year’s exhibition expected to attract more than 2,200 exhibitors from 80 countries, even as geopolitical tensions continue to ...

The numbers do not lie, although they do not quite add up either. Not until you look closer. For the Cyprus property market, 2025 was a record-breaking year. Total transaction value ...

A major economic summit focusing on the trajectory and contribution of the professional services sector will convene in Nicosia on June 4, 2026. The high-level gathering, officially titled the Fourth Professional Services ...

Cyprus’ industrial production index recorded an annual increase of 4.7 per cent in March, according to a report from the state statistical service (Cystat). The service reported that the index reached 116.7 ...

PwC Cyprus CEO-elect Andreas Yiasemides has stressed that artificial intelligence is “no longer a future ambition or a technology experiment taking place on the margins of day-to-day business”, describing it ...

Fuel prices in Cyprus are expected to fall within the next 10 days, following a recent drop in international oil prices, petrol station owners’ association chairman Savvas Prokopiou said on Thursday. ...

Deputy Minister to the President Irene Piki this week said Cyprus and Italy can act as bridges of stability and economic interconnection between Europe, the Middle East and North Africa, ...