Cyprus Business News

Columbia Group president and chief executive Mark O’Neil said in Athens this week that the cost of creating ‘smart vessels’ has fallen dramatically in recent years, making digitalisation a ...

Cyprus will assume the EU Council Presidency “at a defining moment for Europe”, Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides said in Brussels, arguing that deeper capital markets ...

Retail sales in Cyprus recorded the strongest annual growth in the European Union in December 2025, even as overall retail trade volumes declined month-on-month across the euro area and the EU, ...

Fisheries transparency has emerged as an early test of Cyprus’ leadership of the Council of the European Union, as Oceana urged the government to tighten rules on fishing vessel ownership ...

The board of directors of ASBISc Enterprises Plc, a leading Cyprus-based IT distributor commonly known as Asbis, has announced announced that the Zbigniew Juroszek Family Foundation has reduced its voting ...

Shipping Deputy Minister Marina Hadjimanolis carried out a working visit to Athens and Alexandria between February 4 and 9, as part of broader efforts to bolster the island’s maritime diplomacy in ...

Property market dynamics in Cyprus and internationally are increasingly shaped by infrastructure resilience, climate risk and affordability pressures, as new data released in January 2026 highlighted rising sales, widening cost gaps ...

The Cyprus Trading Corporation, Woolworth Cyprus Properties and Ermes Department Stores have all announced that they will hold their annual general meetings on February 27, 2026, at their registered offices in Strovolos, ...

Limassol remains a highly competitive Mediterranean tourist destination but must continue improving its infrastructure and services, Deputy Tourism Minister Kostas Koumis said on Monday after meeting local authorities and industry ...

Eurobank on Monday announced that it repurchased 1,761,170 of its own shares on the Athens Stock Exchange (ATHEX) during the period from February 2, 2026 to February 6, 2026, as part of its approved share ...

CFA Society Cyprus is focusing on professional development, ethics and outreach in 2026, according to Constantinos Kourouyiannis, president of CFA Society Cyprus, who outlined the organisation’s priorities for the year. ...

Cyprus closed 2025 with a wider trade deficit, as a sharp rise in exports in December failed to offset a notable drop in imports over the same month, according to foreign ...

Shipping Deputy Minister Marina Hadjimanolis carried out a working visit to Athens and Alexandria between February 4 and 9, as part of broader efforts to bolster the island’s maritime diplomacy in ...

The landscape of bilateral trade has shifted as Cyprus and India move toward a more structured era of economic cooperation, following a high-profile summit in Mumbai that engaged over 450 industry ...

Cyprus’ cooperation between government and business was cited by BusinessEurope as supporting the country’s economic performance, according to Employers and Industrialists Federation (Oev) president George Pantelides. Pantelides, who serves ...

Beer deliveries in Cyprus increased at the start of 2026, according to figures released by the state statistical service (Cystat). Total deliveries reached 1,881,310 litres in January 2026, marking a 3.1 per cent increase ...

Cyprus-based Columbia Group appointed Christina Orfanidou as Head of AI, as the company moves to embed responsible, people-centric artificial intelligence across its maritime operations. According to the statement, she will ...

Cyprus-based digital businesses face rising exposure to DDoS attacks, according to a new cybersecurity report by Qrator Labs.  The report highlighted the fact that fintech, e-commerce, IT and media emerged ...

The Digital Cooperation Organisation concluded its fifth General Assembly in Kuwait this week, with member states adopting the Kuwait Declaration on Responsible AI for Global Digital Prosperity and agreeing on ...

Here are the top business stories in Cyprus from the week starting February 2: There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as ...

Cyprus’ startup ecosystem continues to develop its own place within Europe’s innovation landscape, according to EU-Startups’ Olga Codina, who highlighted ten companies founded since 2021 as a reflection of the ...

Columbia Plaza in Limassol served as the backdrop for the debate “Shipping through times of turbulence and innovation”, organised by Cyprus Shipping News (CSN). According to its announcement, the event ...

Cyprus recorded an increase in motor vehicle registrations in January 2026, according to figures released on Friday by the statistical service (Cystat). The data showed that the market started the year ...

Cyprus stepped into the European discussion on the digital euro on Friday, as policymakers, bankers and institutions gathered in Nicosia for the first event held on the island with the ...