Cyprus Business News

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 ...

Here are the top business stories in Cyprus from the week starting June 16: Cyprus has slipped one place in the IMD World Competitiveness Yearbook 2025, ranking 44th globally, according to the ...

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday officially adopted a series of guidelines issued by the European Securities and Markets Authority (ESMA) concerning crypto-asset service providers (CASPs) operating ...

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

Invest Cyprus on Friday issued a statement welcoming the decision by India’s Drone Destination to establish its European subsidiary in Cyprus. The agency, tasked with driving investment to the ...

Finance Minister Makis Keravnos on Friday called for urgent action to boost European competitiveness and reinforce the EU’s common defence as he arrived at the Economic and Financial Affairs ...

Petrolina (Holdings) Public Limited this week approved a final dividend of 2 cents per share at its 25th annual general meeting of shareholders. The decision came as the company reported a ...

Logicom Public Ltd on Friday announced the approval of a dividend payment of 10 cents per share, representing 29.4 per cent of the nominal share value, following decisions taken at its annual ...

Agros Progress Development Public Ltd, parent company of the Rodon hotel, held its annual general meeting (AGM) on Thursday, during which shareholders approved a dividend distribution and made several changes ...

The draft bill for the privatisation of the Cyprus Stock Exchange (CSE) was submitted to the House of Representatives on Thursday, paving the way for the selection of a strategic ...