Cyprus Business News

Maritime firm Safe Bulkers, led by Cypriot shipowner Polys Hajioannou, recently took delivery of the 82,000 dwt Kamsarmax-class bulk carrier ‘EFROSSINI’, built by Japan’s Oshima Shipbuilding. The vessel, which flies ...

Cyprus’ Construction Materials Price Index rose by 1.09 per cent year-on-year during the first quarter of 2025, according to data released on Thursday by the Cyprus Statistical Service (Cystat). The index reached 118.81 ...

The Association of Cyprus Electronic Money and Payment Institutions (ACEMPI), part of the Cyprus Chamber of Commerce and Industry (Keve), held its annual general meeting earlier this month in Nicosia. ...

Cyprus has signed an agreement with the Kingdom of the Netherlands to eliminate double taxation concerning Curacao, according to an official announcement released on Thursday. The announcement mentioned that the ...

The Paphos regional tourism board (Etap) announced this week that it is reviving its free guided tours to the Akamas communities over the next two months, aiming to highlight local ...

Limassol hosts 57 active agrotourism businesses offering quality stays in traditional and character-filled properties, according to Annita Dimitriadou, president of the Cyprus Agrotourism Company (Kea). Speaking to the Limassol Chamber of ...

Cyprus-based Municorn, a software company in Limassol, has claimed the top spot in Deloitte’s Technology Fast 50 Middle East and Cyprus rankings, with an extraordinary revenue growth rate of 20,164 per ...

The Mall of Engomi (ME) Plc has reported a robust financial turnaround for the year ended December 31, 2024, recording a profit after tax of €1.13 million, a sharp reversal from the €347,635 loss ...

The Cyprus Stock Exchange (CSE) has officially announced the admission of a new issue of government treasury bills, in accordance with Article 58(1) of the Cyprus Securities and Stock Exchange Law. ...

The Mall of Cyprus (MC) Plc this week reported a strong financial performance for the year ended December 31, 2024, with net profit after tax reaching €10.46 million, up from €9.67 million in 2023. The ...

Cyprus recorded a positive economic growth rate of 3.4 per cent in real terms for 2024, with its gross domestic product (GDP) reaching €33.57 billion at current prices. In addition, according a report ...

Greek shipping executives continue to set the global benchmark for maritime expertise, a reputation that sees international organisations consistently turning to them for leadership. One of the latest examples is ...

Cyprus is set to slightly revise its growth forecast for the Medium-Term Fiscal Framework, Finance Minister Makis Keravnos said on Wednesday. Speaking to the Cyprus News Agency (CNA), Keravnos pointed ...

As Cypriots gear up for a record-breaking year of travel, the 26th Travel Expo Cyprus kicks off in Nicosia on Friday, April 25, bringing together airlines, tour operators and tourism bodies ...

Cyprus recorded a positive economic growth rate of 3.4 per cent in real terms for 2024, with its gross domestic product (GDP) reaching €33.57 billion at current prices. In addition, according a report ...

Cyprus Airways on Wednesday announced the addition of a fourth Airbus A220-300 aircraft to its fleet. In its announcement, the company said the aircraft reflects its commitment to sustainable ...

Alter Ego Media, through its venture capital arm Alter Ego Ventures, has acquired a 1 per cent stake in CH Game Development Software Limited, investing €110,000 in the Cyprus-based eGaming company. The ...

The Cyprus Stock Exchange (CSE) on Wednesday announced a number of changes to its major indices, following the suspension of trading in the shares of Salamis Tours (Holdings) Public Ltd. ...

Cyprus-based Aloha Browser on Wednesday announced the launch of Snips, a groundbreaking AI-powered feature. The new feature is designed to simplify web browsing by eliminating the chaos of excessive open ...

Chairman of the Cyprus Property Developers Association Υiannis Misirlis on Wednesday praised the contribution of the real estate sector to the economy, and defended it from sweeping allegations of bad ...

The International Monetary Fund (IMF) on Tuesday revised down its forecast for Cyprus’ economic growth, projecting a rate of 2.5 per cent of GDP in 2025. This is significantly lower than its ...

Limassol is entering the most demanding phase of its European Capital of Culture 2030 campaign, with a clear focus on delivering an ambitious yet realistic programme, according to Andreas Pittas, chairman ...

The International Monetary Fund (IMF) on Tuesday revised down its forecast for Cyprus’ economic growth, projecting a rate of 2.5 per cent of GDP in 2025. This is significantly lower than its ...

Cyprus recorded the second highest budget surplus among European Union member states in 2024, according to data released by Eurostat on Tuesday. The island tied with Ireland, with both countries reporting ...