Cyprus Business News

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has warned that the United States’ decision to impose high tariffs on imports globally is exacerbating international economic uncertainty, with potential medium-term ...

Plum CEO and founder Victor Trokoudes has welcomed the European Central Bank’s (ECB) decision to cut interest rates, calling it a “strong signal” that the bank is delivering on ...

Cyprus is seeing a strong flow of tourist arrivals this spring, with Paphos enjoying robust bookings from key foreign markets and a noticeable uptick in domestic travel over Holy Week. ...

Workplace equality, support for vulnerable groups, and social enterprises are becoming key priorities under ESG’s social pillar, according to Andreas Alexi of the Cyprus Chamber of Commerce and Industry (...

The federation of employers and industrialists (Oev), marking 65 years of activity in Cyprus, has long prioritised internationalisation as a strategic pillar for strengthening the competitiveness of local businesses. Specifically, Oev ...

Here are the top business stories in Cyprus from the week starting April 14: Despite facing persistent structural challenges, the Cypriot manufacturing industry continues to demonstrate remarkable resilience in the face ...

The Paphos regional tourism board (Etap) this week said that its digital tourism campaign is exceeding expectations, with the organisation reporting that its goals have already been significantly surpassed. According ...

Cyprus’ planned accession to the Schengen zone is expected to ease red tape for shipping companies and offer a welcome boost to the sector, according to the Cyprus Shipping Chamber (...

Limassol municipality and Frederick University’s Department of Maritime Transport and Commerce will host the fifth Blue Limassol Forum on Thursday, May 15 at the Cruise Terminal (POD 5 – Departures) of the ...

The ratio of non-performing loans (NPLs) in the Cypriot banking sector edged up slightly to 6.3 per cent at the end of January 2025, from 6.2 per cent in December 2024, according to updated ...

The Ministry of Energy, Commerce and Industry has announced a new call for proposals under the Digital Upgrade of Businesses Scheme, part of the EU co-funded Thaleia 2021–2027 programme. According to ...

The Paphos regional tourism board (Etap) this week said that its digital tourism campaign is exceeding expectations, with the organisation reporting that its goals have already been significantly surpassed. According ...

The outlook for Cyprus’ tourism sector appears slightly brighter this year, with early bookings for the first half of 2025 showing a better trend than the same period in 2024, according to ...

The Cyprus Chamber of Commerce and Industry (Keve), in cooperation with the Deputy Ministry of Shipping and the Embassy of the Republic of Cyprus in Helsinki, will organise a business ...

The Bank of Cyprus on Thursday announced a reduction in its reference lending rate by 0.25 percentage points, responding directly to the European Central Bank’s latest rate cut. As of ...

Cyprus recorded a slight drop in tourist arrivals in March 2025, while maintaining a strong overall increase for the first quarter of the year, according to a report released on Thursday ...

A Cypriot proptech firm is giving the public a chance to buy in, launching its first-ever crowdfunding campaign to support its expansion. Ask Wire, which specialises in real estate data ...

Demetra Holdings on Thursday reported robust financial results for the year ending December 31, 2024, with net profit for the group reaching €132.46 million, corresponding to 66.23 cents per share. This marks a substantial ...

The Bank of Cyprus announced on Thursday that it repurchased a total of 281,147 of its ordinary shares between April 11 and April 16, 2025, as part of its ongoing €30 million share buyback programme. ...

The outlook for Cyprus’ tourism sector appears slightly brighter this year, with early bookings for the first half of 2025 showing a better trend than the same period in 2024, according to ...

The Cyprus Securities and Exchange Commission (CySEC) has announced regulatory action against members of the board of Itrade Global (Cy) Ltd, following findings of non-compliance with the Investment Services and ...

The Association of Large Investment Projects recently held a meeting with the Honorary Consul of Cambodia in Cyprus Salah Essa. According to an announcement released on Thursday, the meeting formed ...

Former Shipping Deputy Minister Vasilis Demetriades has been elected president of the Cyprus International Business Association (CIBA), during its general assembly held in Limassol this week.  According to a statement ...

The real estate sector remains resilient amid escalating global trade tensions and the onset of a trade war, according to Andreas Christophorides, CEO of Landbank Group. As uncertainty spreads across ...