#business

A tourism-led environmental initiative launched in Cyprus will expand to Greece this year, bringing businesses and organisations from both countries together for a cross-border clean-up campaign on September 25, 2026. ‘Tourism Cares: ...

Alkis H. Hadjikyriacos (Frou Frou Biscuits) Public Ltd reported a 28.5 per cent rise in net profit to €2.57 million for the first half of 2026, as higher sales, increased dividend income and ...

Cyprus expects a stronger flow of French tourists in 2027 as airlines add capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after talks with tour operators at the ...

The head of the UN’s shipping agency has urged governments to prevent geopolitical conflicts from becoming a pretext for attacks on merchant vessels, after 80 verified attacks around the Strait ...

Cyprus is moving to overhaul the legal framework governing which ships can join its register, widening access to the Cyprus flag while tightening sanctions rules and updating ship-finance provisions under ...

The proposed pension reform was discussed by Labour Minister Marinos Mousiouttas and International Labour Organisation (ILO) actuary Costas Stavrakis with the board of the Employers and Industrialists Federation (Oev) on ...

Cyprus used its first official national pavilion at SMM Hamburg 2026 to put the island’s maritime technology and services before a record international audience, as local companies sought new business ...

Cyprus Cement Public Company Ltd has announced that it bought back 600 of its own shares on September 16, 2026, in line with a decision approved by shareholders earlier this year. The company ...

Cypriot Finance Minister Makis Keravnos travelled to Dublin on Thursday for the Eurogroup and informal meeting of EU finance ministers, where discussions are set to cover economic pressures, banking competitiveness, ...

Cyprus’ short-term economic outlook returned to marginal growth territory in August, according to the latest Composite Leading Economic Index (CCLEI) from the Economics Research Centre of the University of Cyprus (...

The University of Cyprus and the Sievert Larsson Scholarship Foundation have renewed an agreement providing 20 scholarships worth a total of €20,000 to students facing financial difficulties. The scholarships will be awarded ...

The Central Bank of Cyprus (CBC) has confirmed that all banks in Cyprus will be closed on Thursday, October 1, 2026, for Cyprus’ independence day. The closure means customers will not be ...

The Cyprus property market remains strong but faces structural weaknesses and rising costs that could affect its future development, according to speakers at this year’s Cyprus Property Show, where ...

Limassol-based Top App Games reported $29 million in gross turnover in the first half of 2026 from its mobile game Ludus: Merge Arena on Thursday, as the Cyprus-based developer said the title ...

The non-performing loan ratio of Cyprus’s banking sector remained unchanged at 1.6 per cent at the end of June 2026, according to updated data published by the Central Bank of Cyprus (...

Cyprus’ technology and business sectors are seeking closer cooperation on digital transformation and artificial intelligence, following talks between the Cyprus Information Technology Enterprises Association (CITEA) and the Employers and Industrialists ...

Cyprus banks recorded €456 million in profit in the first six months of 2026, down by €122 million, representing a decrease of 21.1 per cent compared with the same period last year, according to ...

The Central Bank of Cyprus (CBC) expects economic growth to slow this year as the Middle East conflict weighs on tourism and investment, while inflation is projected to rise sharply, ...

Keravnos heads to Dublin for talks on Europe’s economic challenges Cypriot Finance Minister Makis Keravnos travelled to Dublin on Thursday for the Eurogroup and informal meeting of EU finance ...

Eight-month tourism decline narrows to 7 per cent as Israel offsets falls across most major markets  Tourist arrivals to Cyprus fell by 3.3 per cent in August, as Britain, Poland, Germany and ...

The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the Cyprus Investment Firm (CIF) licence of Eurotrade Investments RGB Ltd, citing the company’s failure to comply with requirements concerning ...

Cyprus’ Harmonised Index of Consumer Prices (HICP) rose by 5.2 per cent year-on-year in August 2026, according to data released by the statistical service (Cystat) on Thursday.  Compared with the previous month, ...

Cyprus and Greece are preparing new joint business initiatives aimed at opening doors to Arab and Balkan markets, following talks in Nicosia this week between Greek Deputy Foreign Minister Harry ...

Cyprus recorded the highest inflation rate in the euro area after Romania and Lithuania in August, as annual consumer price growth accelerated to 5.2 per cent from 4.4 per cent in July, ...