Cyprus Business News

Ship traffic through the Strait of Hormuz fell to just nine vessels this week, as Cyprus joined dozens of countries in calling for the restoration of free navigation through one ...

Greek retail group Jumbo recorded net profit of €120.6 million in the first half of 2026, up 2.92 per cent year-on-year, while sales rose by 4.42 per cent to €519.26 million, as the company kept ...

Cyprus recorded the third-highest share of dangerous goods in road freight transport in the EU in 2025, with such cargo accounting for 7.5 per cent of total tonne-kilometres, according to Eurostat. The ...

Cyprus’ research and innovation ecosystem has reached the point where it must build scale, attract more private investment and talent, and turn research into greater commercial value, according to Research ...

The sculpture “Cyprus’ journey through the ages”, created by acclaimed Cypriot sculptor Philippos Yiapanis, was unveiled on Saturday, September 19, on the Protaras coastal promenade in the Xistaria area. The artwork, ...

With the central message “Believe – Dare – Succeed”, ERB Cyprialife held its second annual Sales Force Training Day, reaffirming its commitment to continuous training and to strengthening the culture of excellence ...

Cyprus is stepping up investment in mountain and rural tourism, Deputy Tourism Minister Kostas Koumis said in Agros on Thursday, as the government seeks to draw more visitors inland, support ...

Cyprus remains among the EU economies most dependent on sea transport, with 98.6 per cent of imports and 97.2 per cent of exports by weight moving by sea in 2024, as shipping continues ...

Rising electricity and fuel costs are putting increasing pressure on household finances and could leave previously reliable borrowers struggling to meet their loan repayments, the Cyprus Borrowers Protection Association (Syprodat) ...

Cyprus house prices rose 8.5 per cent year on year in the second quarter of 2026, with demand from foreign and domestic buyers continuing to support the market, according to the Central ...

Sales of locally produced industrial goods in Cyprus rose by 3.7 per cent to €4.77 billion, with halloumi, bakery products and pharmaceuticals among the largest categories, according to statistical service (Cystat) figures ...

Limassol is heading west this October as Cyberness brings a two-day market inspired by the spirit, colour and character of the Wild West to Kolla. Taking place on October 3 and 4, ...

Cyprus’ research and innovation ecosystem has reached the point where it must build scale, attract more private investment and talent, and turn research into greater commercial value, according to Research ...

Cyprus continues to command strong investor confidence, with 83 per cent of international investors surveyed by EY rating the island attractive for foreign direct investment, even as energy costs, access to ...

Cyprus is seeking to position itself as a stable European base for international financial services, as Invest Cyprus stepped up its pitch to investors, wealth managers and family offices at ...

Cyprus and Malta are looking to deepen commercial ties and create new opportunities for joint investment, with companies from the two countries meeting to explore cooperation across technology, financial services, ...

KPMG Cyprus is placing artificial intelligence, digital tools and innovation more deeply into its work as businesses face increasingly complex regulatory, technological and sustainability demands, according to the firm. After ...

Cyprus has emerged as the standout destination in a British ranking of European autumn breaks, with Israeli news website Walla emphasising the island’s warm weather, limited rainfall and short ...

The AI Cyprus Expo will return to Limassol in April of next year, with its organisers aiming to turn the event into a regional platform for applied artificial intelligence and ...

Eurobank is bringing prospective homebuyers closer to their dream home through its new MyHome Guide, which organises the mortgage application process into five steps, providing information and guidance from the ...

Cyprus businesses need easier access to European funding if EU initiatives are to translate into investment and growth, Cyprus Chamber of Commerce and Industry (Keve) president Stavros Stavrou said at ...

Cyprus and China have put maritime cooperation back at the centre of their bilateral agenda, with Shipping Deputy Minister Marina Hadjimanolis and China’s new ambassador Yang Yundong discussing seafarers, ...

The International Maritime Organisation (IMO) has moved closer to tightening safety requirements for ships using methanol and ethanol as fuel, after completing a major revision of its interim guidance while ...

Cyprus resale property market hits €727 million in first half of 2026 Cyprus’ resale property market was worth €727.2 million from 3,202 transactions in the first half of 2026, with substantial differences between districts in ...