Business

President Nikos Christodoulides on Thursday said the construction sector was central to Cyprus’ shift towards a more sustainable development model, while stressing its role in housing, jobs and regional growth. ...

Demetra Holdings Plc on Friday announced the net asset value of its shares as of June 30, 2026, in a formal notification to the Cyprus Stock Exchange (CSE). The company stated that ...

Cyprus has made progress in licensing hotels and tourist accommodation, but more than half of tourist units have still never submitted an application, the Deputy Ministry of Tourism said this ...

Cyprus urged to bring financial literacy into classrooms early As financial literacy climbs the policy agenda in Cyprus, questions remain over whether children are being equipped with the practical skills ...

The Cabinet has approved a bill requiring more balanced representation of women and men in the senior decision-making bodies of listed companies, marking another step in Cyprus’ efforts to align ...

Danae Bezantakou has been elected president of the International Propeller Club, Port of Piraeus, becoming the first woman to lead the organisation in its 91-year history. Bezantakou, CEO of Navigator ...

Cyprus has retained its place on the Paris MoU White List, with the Cyprus Union of Shipowners (CUS) saying the result confirms the continued quality and reliability of the Cyprus ...

The Central Bank of Cyprus (CBC) continued to improve the sustainability profile of its non-monetary policy portfolios throughout 2025, according to its latest annual climate-related financial disclosures released this week. The ...

Retail proprietary trading is no longer among the European Securities and Markets Authority’s (ESMA) immediate regulatory priorities, according to Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides, despite ...

The European Central Bank (ECB) has warned that disruptions to trade through the Strait of Hormuz could have far-reaching consequences for the global economy, with supply shortages extending well beyond ...

Cyprus’ tourism sector is receiving growing attention in the Israeli media, with a number of leading news outlets reporting a partial recovery in visitor numbers following disruption caused by the ...

Serious weaknesses in Cyprus’ system for licensing and supervising tourist accommodation are undermining efforts to upgrade the country’s tourism product, according to a new special report by the Audit ...

The cabinet on Thursday gave the nod to the disbursement of moneys for a salary subsidy scheme targeted at hotel workers, provided that participating hotels have filed all the necessary ...

Wizz Air on Thursday announced the launch of a new package holiday booking platform named Wizz Holidays, aimed at simplifying vacation planning for travellers across Europe and beyond. The platform ...

Cyprus may find itself with insufficient electricity by 2030, opposition politicians warned on Thursday, calling on the government to get its act together fast. MPs were speaking to the press following ...

Greek banks, some of which are also operational in Cyprus, are moving closer in line with European peers after restoring capital adequacy, ranking among the most profitable in Europe and ...

The National Bank of Greece acquired 675,000 of its own shares between June 22, 2026, and June 29, 2026, as part of an ongoing share buyback programme. The transactions were executed at a weighted average ...

The Financial Wellbeing Index for Cyprus rose in 2025, but household financial pressure remains widespread, according to findings published by the Financial Wellbeing Institute and commented on by the Finance Ministry ...

In May 2025, the United States agreed to let the United Arab Emirates import 500,000 of Nvidia’s most advanced AI chips a year and to back a 5-gigawatt computing campus in ...

Rental costs in Cyprus continued to increase in the opening months of 2026, while house prices also maintained their upward trajectory, according to data released by Eurostat on Thursday. The latest ...

Cyprus recorded 1,711,525 guest nights in short-term rental accommodation booked through online platforms during the fourth quarter of 2025, according to data released by Eurostat on Thursday, as demand for platform-based accommodation ...

Cyprus’ seasonally adjusted unemployment rate fell to 3.1 per cent in May 2026, according to figures released by Eurostat on Thursday, marking a further improvement from the previous month and a sharp ...

Cyprus’ house prices rose at a slower annual pace in the first quarter of 2026, although they increased compared with the previous quarter, preliminary figures from the state statistical service (Cystat) ...

Commercial shipping is no longer dealing with isolated danger zones, but with a chain of crises that are increasingly feeding into one another, Nikolas-Alketas Drosos, Maritime Commercial Manager & Country ...