Cyprus Business News

Cyprus’ maritime heritage will only be fully restored when ships under the Cypriot flag sail freely again from Famagusta and Kyrenia, House president Annita Demetriou said on Tuesday, expressing support ...

The business community has welcomed the inauguration of Cyprus’ new Business Support Center, describing it as a crucial step towards cutting red tape and facilitating foreign and domestic investment. The ...

Cyprus is stepping up efforts to bolster its maritime sector, with President Nikos Christodoulides reaffirming that shipping will be among the key priorities during the country’s upcoming EU Council ...

In an era of rapid change, challenges are inevitable for any business or organisation, especially when it comes to digital transformation, according to Marios Kapiris, Director of Kyndryl, leading global ...

The 1st Annual General Meeting (AGM) of C.M.C.L. – Cyprus Marine Club Limited –in Limassol, marking its shift to a company limited by guarantee and electing a new ...

Cyprus recorded its highest-ever number of tourist arrivals for the January–April period, which the government described as ‘historic’, reinforcing efforts to establish the island as a year-round destination. Speaking ...

Total sales of petroleum products in Cyprus climbed to 124,647 tonnes in April 2025, marking an 8.4 per cent increase compared to the same month in 2024, according to data released on Monday by ...

The Cyprus Forum London returned for a second year in May, hosted at the High Commission of Cyprus in the United Kingdom and co-organised by Oxygen for Democracy in collaboration ...

Cyprus strengthens its bid to become a recognised hub for international film production, as Copper Island, an international production company with operations across the United States, the United Kingdom, Europe ...

Kornos is undergoing a major transformation, with two flagship projects worth over €20 million already launched or heading for implementation, according to Lefkara mayor Sofoklis Sofokleous. “The municipal district of Kornos ...

AMAZON. SAS Ltd is moving ahead with plans to construct a pharmaceutical manufacturing facility in Limassol, following approval from the Environmental Authority. The €4 million project will be located in the ...

A renewed deterioration in the business climate within the services sector contributed to a further decline in economic sentiment in Cyprus in May, with the Economic Sentiment Indicator (ESI-CypERC) dropping ...

The 1st Annual General Meeting (AGM) of C.M.C.L. – Cyprus Marine Club Limited –in Limassol, marking its shift to a company limited by guarantee and electing a new ...

Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a turning point in efforts to cut red tape, attract investment and support entrepreneurship. ...

Cyprus’ housing market continued to cool in the fourth quarter of 2024, with Paphos recording the strongest price growth while Nicosia posted the weakest performance, a marginal annual decline, according to ...

Cyprus deepened its maritime ties with Finland during a working visit to Helsinki by Deputy Minister of Shipping Marina Hadjimanolis, who joined the Cyprus Maritime Commission as part of the ...

Limassol will host the European Maritime Day (EMD) on May 21 and 22, 2026, as Cyprus takes the helm of the EU presidency, welcoming the continent’s maritime community to the island’s ...

The Cyprus Chamber of Commerce and Industry (Keve) has welcomed the launch of the new Business Support Center, describing it as a long-standing demand finally addressed, and a much-needed tool ...

The Cyprus Property Development Association has urged authorities to accelerate the issuance of building permits in cases involving the transfer of building coefficient from listed properties, citing delays of over ...

Cyprus’ future workforce received a crash course in employment rights and responsibilities this week as part of the Junior Achievement Cyprus (JA Cyprus) initiative, with a clear message that undeclared ...

Tourists in Cyprus are turning in growing numbers to short-term rentals, with the number of registered properties swelling sixfold in under three years, prompting authorities to push for tighter regulation, ...

Cyprus is expected to be among the few Eurozone countries to reach the European Central Bank’s 2 per cent inflation target by 2025–2026, as inflation across the bloc continues to ease ...

Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a turning point in efforts to cut red tape, attract investment and support entrepreneurship. ...

Here are the top business stories in Cyprus from the week starting May 19: Each year, the International Day for Women in Maritime Affairs promises celebration, but behind the speeches and ...