Cyprus Business News

AstroBank on Tuesday announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank. ...

Aegean has clinched the title of Best Regional Airline in Europe at the World Airline Awards 2025, extending its remarkable winning streak to 14 consecutive years, according to an announcement released on ...

The Central Bank of Cyprus (CBC), which chairs the National SWIFT Users Group (NSUG), held a high-level online meeting on June 20, with the participation of 45 representatives from Cypriot financial institutions ...

PwC Cyprus recently held an award ceremony to honour seven employees for their exceptional performance in the ACCA exams conducted between September 2024 and March 2025, according to an announcement released on ...

In a statement released on Tuesday, following a meeting with president Nikos Christodoulides, the Cyprus Real Estate Developers Association underlined the significant role played by the island’s real estate ...

The consumer protection service has reported mixed movements in Cyprus’ consumer prices for May 2025. The service highlighted increases in frozen molluscs and shellfish, oils, eggs and fish, while noting marked ...

Cyprus’ banking sector recorded one of the highest profitability and capital adequacy levels in the European Union at the end of 2024, according to the European Central Bank (ECB). The figures ...

BrainRocket joins TechIsland as donor, expanding support for Cyprus tech ecosystem Cyprus-based BrainRocket has joined TechIsland as one of the association’s donors, further strengthening its ties to the local ...

Senior executives from across Cyprus’ public and private sectors gathered in Nicosia last week for the 4th Cyprus Association of Information Technology Enterprises (CITEA) Digital Cyprus Conference. The event examined ...

Trade unions are raising objections over the privatisation of the Cyprus Stock Exchange (CSE), warning that staff rights have not been fully safeguarded under the draft law currently before Parliament. ...

Cyprus-based Matrix Ship Management has appointed Geoff Ramsay as head of ship management, a newly created role aimed at strengthening the company’s leadership team amid ongoing international expansion. Ramsay ...

Paphos has emerged as the strongest performer for high-end houses in Cyprus’ residential property market, according to a report released on Monday by Landbank Analytics. The report showed that average ...

ASBISc Enterprises Plc announced this week a significant year-on-year increase in its estimated consolidated revenues for May 2025. According to an announcement on the Cyprus Stock Exchange (CSE), the board of ...

Ermes Department Store Plc on Monday announced the appointment of Polys Michaelides as an independent non-executive director of the company’s board of directors. According to the relevant submission to ...

Demetra Holdings Plc on Monday announced that Logicom Services Limited has assigned proxy voting rights for the upcoming general meeting. The company said the disclosure was made in accordance with ...

The Cyprus Stock Exchange (CSE), acting as the clearing body for the competitive electricity market (CEM), on Monday announced the launch of a certification process for energy clearers. The process ...

President Nikos Christodoulides chaired a meeting on Monday at the presidential palace with a delegation from the Cyprus Property Developers Association. According to an official announcement, the president began the ...

Sir Stelios Haji-Ioannou, founder of the easy family of Brands and president of the Stelios Philanthropic Foundation, has launched the third edition of his awards for young entrepreneurs in Cyprus. ...

Paphos has emerged as the strongest performer for high-end houses in Cyprus’ residential property market, according to a report released on Monday by Landbank Analytics. The analysis was based on ...

Eurobank recently acquired 3.8 million of its own shares as part of its share buyback programme, according to an official announcement. The announcement followed a previous statement, released on May 7, 2025, about ...

Bcentriqe.ai, headquartered in Santa Clara (Silicon Valley), California, United States, has announced its strategic expansion into Cyprus. According to an announcement by Invest Cyprus, the move “aims to empower ...

Artificial Intelligence is no longer a futuristic concept but a working reality already embedded in the operations of businesses across Europe, Cyprus included,according to Monica Odysseos, head of the ...

Cyprus recorded the fourth lowest share of renewable energy in net electricity production among EU member states during the first quarter of 2025, according to data released by Eurostat. Across the ...

The Cyprus Chamber of Commerce and Industry (Keve) has released an announcement regarding the upcoming “The Future of Digital Investments in the EU” Conference 2025. The event is being organised by ...