Cyprus Business News

Cyprus’ apparent cost of government debt increased to 2 per cent in 2025, while the country’s debt remained overwhelmingly denominated in euro in line with the wider euro area, according to ...

The Central Knowledge Transfer Office (CKTO) of the Research and Innovation Foundation (RIF) has completed three years of full operation. In an announcement released on Monday to mark the occasion, ...

Greek retail chain Jumbo said sales at its Cyprus stores rose by around 9 per cent year-on-year in May 2026, marking a strong recovery after the Easter-related slowdown recorded in April.  For ...

Sir Stelios Haji-Ioannou returned to Pedoulas on June 6, marking his first visit in 16 years to the mountain village where his father, Loucas Haji-Ioannou, was born. The visit was described as ...

Bernhard Schulte Shipmanagement (BSM) has appointed Elena Pantazidou as Chief People Officer, effective June 1, 2026, reporting to the Chief Executive Officer. As a member of BSM’s Management Board, Pantazidou joined ...

Retail trade volume in Cyprus declined by 1 per cent during April 2026, according to seasonally adjusted data from Eurostat. This downturn represents a reversal for the Cypriot market, which had previously ...

Here are the top business stories in Cyprus from the week starting June 1: FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge for the shipping industry, according ...

Women in Cyprus accounted for 51.8 per cent of all people employed in science and technology during 2025, according to Eurostat, placing the country just below the EU average but still among ...

Cyprus maintained stronger economic growth than both the euro area and the European Union in the first quarter of 2026, according to estimates released by Eurostat, despite a slowdown from the ...

Rising construction costs in Cyprus have surged by 10 per cent over the past two months, with a five-year increase reaching 35 per cent, according to the president of the Cyprus Federation ...

Columbia Group has reaffirmed its growing presence in Greece, with CEO Andreas Hadjipetrou pointing to the company’s expanding fleet under management for Greek clients and its long-standing focus on ...

Eurobank S.A. has updated its financial calendar for 2026, informing the investment community of revisions to key reporting and shareholder dates following an earlier announcement made on May 7, 2026. According to ...

Alpha Bank Cyprus this week held a business-focused event at the Amarande hotel in Ayia Napa, bringing together local stakeholders to underline the strategic role of the Famagusta district in ...

Cyprus maintained stronger economic growth than both the euro area and the European Union in the first quarter of 2026, according to estimates released by Eurostat, despite a slowdown from the ...

Demetra Holdings Plc on Friday informed the investment community of its latest share buyback activity and provided a timeline for the release of its quarterly financial results. According to the ...

Cyprus’ Industrial Turnover Index rose by 5.6 per cent in March 2026, reaching 144.7 units, according to figures released by the Cyprus Statistical Service (Cystat).  For the first three months of the year, ...

Low-cost carrier Wizz Air has announced that it will increase capacity from its Larnaca base earlier than originally planned, adding 57,500 extra seats during August and September in response to stronger-than-expected ...

Limassol Greens officially inaugurated its integrated golf resort and residential development this week, 2026, marking a major milestone for one of Cyprus’ most ambitious tourism, lifestyle and investment projects. The ceremony, ...

Satellite operator Eutelsat and Cyprus-based Tototheo Global have signed a new partnership agreement aimed at expanding Low Earth Orbit (LEO) connectivity services across the maritime, enterprise and government sectors. Under ...

Eurobank reiterated its commitment to sustainable development and the green transition during the the recently-held Green Agenda Summit, with the bank participating for the third consecutive year as a platinum ...

The Larnaca tourism board (Etap) won five awards at the Cyprus Tourism Awards, held this week, in recognition of its strategy for sustainable, innovative and quality tourism development in the ...

A major tourism development in Pentakomo is moving through the licensing process, with The Rocks project expected to bring a luxury hotel, villas, apartments and a beach club to one ...

Global shipping is entering a period of deeper and more sustained geopolitical instability, as crises from the Strait of Hormuz to the Black Sea and Libya increasingly form part of ...

The Deputy Ministry of Shipping hosted a reception during the international shipping exhibition Posidonia 2026, bringing together representatives of the global shipping community, institutional bodies, partners and industry professionals. The event, ...