Cyprus Business News

Cyprus remained below the European Union average for renewable energy use in 2025, with renewables accounting for 21.5 per cent of the island’s gross final energy consumption, according to Eurostat. The ...

Cyprus is seeking to deepen cooperation on artificial intelligence, cybersecurity and digital resilience, following a working meeting between Communications Commissioner Marios Pieris and Chief Scientist for Research, Innovation and Technology ...

The European Central Bank (ECB) reported this week that non-cash payments across the euro area continued to expand during the second half of 2025, while Cyprus emerged as the bloc’s ...

Unigrowth Investments Public Ltd on Thursday issued a profit warning for its unaudited half-year results for the period from January 1, 2026 to June 30, 2026. The company said that, based on the indications ...

Cyprus’ heavy dependence on road transport, above-average traffic congestion and strong road safety performance were among the findings highlighted in a new European Commission report published this week examining transport ...

TechIsland has presented the first-year results of its €2 million Wildfire Initiative, showing how an emergency appeal launched after the devastating fires of 2025 has developed into a long-term programme spanning prevention, ...

SafeIsland CY, a new free mobile app for iOS and Android, is now available to the public, helping people in Cyprus report wildfire signs, receive nearby alerts and access key ...

A satellite-based system using machine learning to detect wildfires across Cyprus 24 hours a day has been presented in Limassol, seeking to give first responders earlier and more reliable warnings of ...

Forty-five communities across Cyprus will receive small fire engines at no cost, after TechIsland committed €450,000 to cover the share not financed by the government, Interior Minister Constantinos Ioannou said on ...

Vassiliko Cement Works Public Company Ltd announced on Thursday that its financial results for the first half of 2026 are projected to show an improvement compared to the corresponding period in ...

Morgan Stanley expects the Greek banking sector to enter earnings season with higher profit forecasts, robust credit growth and a string of second-quarter upside surprises. In its report, the findings ...

The Paphos regional tourism board (Etap Paphos) announced on Tuesday that its “Paphos – Unleash Your Senses” campaign has secured two industry awards, recognising the region’s long-term strategy to promote ...

All signatures have been obtained for the memorandum of understanding (MoU) covering the sale of all recoverable natural gas from Cyprus’ Aphrodite field to the Egyptian Natural Gas Holding Company (...

Cyprus embraces cashless payments as card use reaches new high Cypriots continued shifting towards digital payments during the second half of 2025, with the country recording the highest share of card ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that it had accepted the listing of 50,000 13-week Treasury Bills of the Republic of Cyprus, following an auction held on July 20, 2026. The ...

Logicom Public Ltd and K. Kythreotis Holdings Public Ltd announced on Wednesday that dividend payments to shareholders had been dispatched. Both companies confirmed that the dividends, previously announced on June 26, 2026, ...

Cyprus and Italy only EU nations with monthly petrol price increases Cyprus recorded one of the European Union’s highest annual increases in fuel prices in June 2026, even as retail ...

Environmental tax revenue in the European Union increased by 6.1 per cent in 2024, while Cyprus collected a total of €718.72 million during that time, according to figures released by Eurostat. The data ...

Employment in Cyprus’ construction sector grows to 39,700 workers amid sustained industry demand Cyprus’ construction sector recorded strong growth in 2024, with value added rising by 10.7 per cent and production expanding across ...

Keve signs partnership with Elpida foundation to support children The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday signed a memorandum of cooperation with the Elpida Charitable Foundation for ...

Demetra Holdings Plc on Wednesday announced it had completed a purchase of its own shares following a recent shareholder authorisation. During the session of July 21, 2026, Demetra Holdings purchased a total ...

Cyprus Cement Public Company Ltd on Wednesday announced that it had proceeded with a purchase of its own shares following a prior decision by shareholders. Specficially, during the session on ...

Eurobank announced on Wednesday that it will release its financial results for the second quarter of 2026 on July 30, with investors set to receive a further update on the group’s ...

Cyprus is not the Mediterranean’s cheapest holiday destination, but it remains less expensive than many of its best-known rivals for the two things travellers often notice most, a hotel ...