Cyprus Business News

The developments of the past few days clearly demonstrate the adage “it is easier to start a war than to end one,” a recognised principle of military history and geopolitics. ...

Cyprus’ banking sector maintained its historically low level of non-performing loans in February 2026, according to updated figures published on Friday by the Central Bank of Cyprus (CBC). Specifically, the non-performing ...

Demetra Holdings Plc conducted a share buyback on May 7, 2026, acquiring a total of 6,500 own shares through the Cyprus Investment and Securities Corporation Limited (CISCO). The transaction was officially announced to ...

The American Chamber of Commerce in Cyprus (AmCham Cyprus) on Friday announced that it participated in an event organised by UCLan Cyprus as part of the university’s alumni global ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) leadership held a meeting on Friday with Energy Minister Michael Damianos, to discuss the future of the hydrocarbons sector. The delegation ...

The Cyprus Securities and Exchange Commission (CySEC) marked its 30th anniversary with a conference in Nicosia attended by more than 160 guests, including officials and senior representatives of European supervisory authorities. ...

Non-profit technology association TechIsland on Friday announced the signing of a memorandum of understanding with the Cyprus International Businesses Association (CIBA), aimed at strengthening collaboration across Cyprus’ technology and international ...

US tech companies explore Cyprus as reliable base for European expansion Invest Cyprus on Friday announced that it hosted a closed-door roundtable in Washington on May 4, alongside fDi Intelligence and ...

Cyprus must help ensure that Europe speaks with a clear and coordinated voice in global maritime affairs, Shipping Deputy Minister Marina Hadjimanolis said during a working visit to Chios this ...

Telecommunications provider Cyta on Friday announced the appointment of George Metzakis as the organisation’s new chief executive officer, with immediate effect. The appointment marks a new phase for Cyta’...

Cyprus promoted its fresh fruit and vegetable exports at the international exhibition Freskon 2026 in Thessaloniki, as part of efforts to strengthen trade ties and open new opportunities in foreign markets, ...

Cyprus recorded the second-highest electricity prices for non-household consumers in the European Union during the second half of 2025, according to data released by Eurostat. The figures showed that electricity prices ...

Cyprus and India are stepping up discussions on direct air connectivity, with officials saying stronger links could support tourism, business travel and wider economic cooperation between the two countries. Hermes ...

Cyprus recorded a sharp rise in electric and hybrid vehicle registrations in the first four months of 2026, as new vehicle registrations increased by 15.1 per cent year-on-year, according to a report ...

Cyprus is among the European Union countries with the greatest fiscal space to respond to a new energy crisis linked to the war in Iran, according to a new report ...

Small and medium-sized businesses must be placed at the centre of Europe’s competitiveness agenda if the EU is to strengthen its resilience, strategic autonomy and industrial base, according to ...

Greek retail chain Jumbo said sales at its Cyprus stores fell by around 3 per cent year-on-year in April 2026, as the timing of Easter shifted part of seasonal demand into March ...

International Chamber of Shipping (ICS) Secretary General Thomas Kazakos met Panama’s President Jose Raul Mulino this week, as maritime leaders gathered in Panama for the Maritime Convention of the ...

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 ...

Young students from across Europe were recognised in Cyprus this week, as the winners of the European School Competition on the Ship of the Future were announced during the Informal ...

Cyprus’ maritime education sector turned its attention to artificial intelligence this week, as students, educators and industry representatives gathered for the annual Competition Award Ceremony of the Programme of Studies ...

ASBISc Enterprises Plc has reported a record net profit of $36.3 million and revenue of $1.27 billion in Q1 2026, significantly outpacing the broader eurozone ICT distribution trend as demand for AI infrastructure ...

Cyprus recorded a monthly increase in retail trade volume in March 2026, according to Eurostat, outperforming the euro area, where retail sales declined during the same period. According to the statistical ...

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures ...