Cyprus Business News

Global shipping remains in “crisis mode” as fighting between the US and Iran disrupts the Strait of Hormuz, forcing companies to reconsider routes, absorb rising costs and protect crews operating ...

On a small island, clothes have long memories. A dress can be worn for a few hours and photographed into permanence, recognised months later across another room by someone who ...

The University of Cyprus and the Association of Cyprus Banks (ACB) recently signed a memorandum of understanding establishing a structured framework for cooperation in education, research, innovation and stronger links ...

A quote of €2,500 for four days in Protaras is pushing some Cypriot families to look beyond the island, as the August 15 holiday rush leaves fewer rooms available and sends prices ...

A family of four could spend around €120 on a single day at an organised beach in Cyprus, as higher charges for beach equipment, expensive food and drinks and the journey ...

Shipping Deputy Minister Marina Hadjimanolis has paid tribute to Qatar’s late Father Amir Sheikh Hamad bin Khalifa Al Thani, after visiting the country’s embassy in Nicosia to sign ...

Here are the top business stories in Cyprus from the week starting July 13: Cyprus remained below the EU average for young people with at least basic digital skills in 2025, while ...

Tourist arrivals to Cyprus fell by 1.7 per cent in June, according to figures released by the Cyprus Statistical Service (Cystat) on Friday, although the monthly decline was markedly smaller than ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced that it had granted an exemption from mandatory takeover offer requirements linked to a planned share buyback programme by the ...

Business leaders, policymakers and other stakeholders met on Friday at a roundtable organised by the American Chamber of Commerce in Cyprus (AmCham Cyprus) to discuss the country’s national artificial ...

Cyprus’ tourism sector has returned to a stable trajectory despite June tourist arrivals declining by 1.7 per cent, Deputy Minister of Tourism Kostas Koumis said on Friday, following the release of ...

Eurobank announced on Friday that it has been named Cyprus’ best bank for 2026 by international financial publication Euromoney, while also receiving the award for best bank for large corporates at ...

Tourist arrivals to Cyprus fell by 1.7 per cent in June, according to figures released by the Cyprus Statistical Service (Cystat) on Friday, although the monthly decline was markedly smaller than ...

Cyprus’ annual inflation rate accelerated to 4.1 per cent in June 2026, significantly outpacing both the euro area and European Union averages, according to figures released on Friday by the Cyprus Statistical ...

Cypriot technology companies need greater financial backing to compete abroad, while businesses across the island require faster access to funding if they are to keep pace with digital change, according ...

Ten students in Cyprus are set to receive a significant boost to their maritime education as Safe Bulkers has officially launched its sixth annual scholarship programme. Chief executive Polys V. ...

An EU overhaul that would make the country of employment, rather than the country of residence, pay unemployment benefits to many cross-border workers is moving towards final approval, nearly a ...

Preventing homelessness and improving access to affordable housing took centre stage in Brussels this week, as the European Parliament’s Employment and Social Affairs Committee (EMPL) examined new European Union ...

It often starts with something simple. A flyer that needs to go out, a brochure that has been sitting in a folder, a presentation that must look sharper, or a ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday welcomed Parliament’s approval of legislation establishing the Cyprus Business Development Organisation, describing the move as a major reform that ...

The National Bank of Greece this week announced the purchase of 1,295,013 own shares between July 07, 2026 and July 14, 2026 for a total cost of €20,193,840.73. The bank acquired these shares at a weighted ...

Men in Cyprus expected to work over 5 years longer than women Cyprus recorded one of the European Union’s longest expected working lives in 2025, with people aged 15 and over projected ...

Non-performing loans (NPLs) in Cyprus’ banking sector fell slightly to €830 million at the end of April 2026, while the overall NPL ratio remained unchanged, according to figures released on Thursday by ...

Cyprus’ betting market continued to expand during the first quarter of 2026, with total gross revenue from Class A and Class B operators rising by 12 per cent year-on-year to €360.1 million, according ...