Cyprus Business News

The House finance committee has examined significant legal and substantive changes to a proposed law concerning the financial commissioner and procedures for complaints and foreclosures, with the binding nature of ...

The Tax Department has announced the implementation of a zero VAT rate on specific categories of meat and fish, following a decision by the Cabinet. The department stated that the ...

The Paphos regional tourism board (Etap) has announced that it is participating as a partner in the European Erasmus+ programme I-DEMO, aimed at strengthening the district’s position as a ...

The Bank of Cyprus Holdings Public Limited Company on Tuesday announced that its total issued share capital stood at 435,772,799 ordinary shares. Each of these shares carries a nominal value of €0.10 ...

The Cyprus Stock Exchange (CSE) on Tuesday announced the listing of 62,794,749 additional ordinary shares of Globalwealth Group Plc on its Emerging Companies Market. The shares, each with a nominal value ...

Logicom Public Ltd on Tuesday announced that it expects a slight decrease in turnover during the first quarter of 2026, compared with the corresponding period of 2025. The company stated that this ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) on Tuesday announced the appointment of Andreas Papadatos as its new general manager. “His appointment, effective from May 1, 2026, marks the beginning ...

Skills shortages have overtaken cyber risks and economic volatility as the primary concern for business leaders in Cyprus, according to the 15th Annual PwC Cyprus CEO Survey. The survey gathered ...

Cyprus recorded average hourly labour costs of €21.7 during the 2025 financial year, according to a report released on Tuesday by Eurostat. The figure places Cyprus significantly below the European Union average ...

Eurostat on Tuesday announced that annual inflation in Cyprus is estimated to have risen to 1.5 per cent in March 2026, reflecting an increase compared to previous months. Speaking to the broader ...

Demetra Holdings Plc announced that it has successfully repurchased 7,500 of its own shares as part of a strategic share buyback programme. The transaction was carried out during the trading session ...

Cosmos Insurance Public Company Limited on Tuesday announced that it will convene its annual general meeting for shareholders on May 14, 2026, at its head offices in Nicosia. The meeting is scheduled ...

The Cyprus Statistical Service (Cystat) on Tuesday announced that the Index of Industrial Output Prices for February 2026 reached 122.9 units, recording both monthly and annual increases. The service reported that the ...

Cyprus is facing a challenging tourism season as the conflict with Iran has eroded the island’s safety image abroad, according to Charis Papacharalambous, president of the Association of Cyprus ...

The Bank of Cyprus (BoC) on Tuesday announced that its board of directors has approved the annual financial report for the year ended December 31, 2025, including the audited consolidated financial statements ...

The Bank of Cyprus (BoC) on Tuesday announced that students in Limassol recently participated in a cybersecurity initiative under its “The Young Ask and Provide Solutions” programme, focusing on threats ...

The push for cheaper electricity in Europe will depend on accelerating the energy transition while introducing targeted short-term measures, according to analysis by Andreas Poullikkas. The professor of energy systems ...

On a cool evening in Paphos, as the world’s top chess players gathered for one of the sport’s most prestigious tournaments, a parallel conversation was unfolding about a ...

ASBISc Enterprises PLC announced that it remains broadly aligned with the corporate governance principles of Best Practice for GPW Listed Companies 2021, while not applying four detailed provisions. Specifically, the Cyprus-based ...

Paphos is expected to have now reached full operational readiness, with almost all hotel accommodation and key tourism infrastructure functioning normally, according to an announcement by the Paphos regional board ...

Cyprus has officially recommended the ICS International Medical Guide for Seafarers and Fishers for use on board vessels under its flag, the International Chamber of Shipping (ICS) announced on Monday. ...

Demetra Holdings Plc purchasd 7,300 of its own shares during a trading session held on March 27, 2026, according to an announcement released on Monday. Operations were managed through the Cyprus Investment and ...

The Imperio Group recently handed over a cheque worth €1,980,450 to the Cyprus Land Development Corporation (Koag) during a formal ceremony. According to an announcement released on Monday, the €1,980,450 payment, made ...

Cosmos Insurance Public Company Ltd saw its annual profit climb to €3,207,597 in financial results published on March 27, 2026, marking a significant increase from the €2,683,414 recorded in 2024. According to an announcement release ...