Cyprus Business News

Banks have overtaken the government as the most influential force in Cyprus’ real estate sector, according to EY Cyprus’ latest annual survey.   As mentioned in Philenews, the market continues to ...

Tourism revenue in Cyprus experienced a significant rise in April 2025, reaching €304.2 million according to the latest results from the passengers survey conducted by the state statistical service. This represents a 39.9 ...

The Turnover Value Index of Retail Trade in Cyprus increased by 8.4 per cent in May 2025, compared to the corresponding month of the previous year, according to the state statistical service. ...

Cyprus is striving to position itself as a credible, stable, and forward-looking economic partner within the region and the European Union, government officials affirmed at Bloomberg’s ‘Future of Markets’ ...

Eurobank on Tuesday announced the development of a day care centre for people with disabilities over the age of 21, along with two independent living residences for adults with autism. According ...

Tourism revenue in Cyprus experienced a significant rise in April 2025, reaching €304.2 million according to the latest results from the passengers survey conducted by the state statistical service. This represents a 39.9 ...

The global maritime community will once again converge in Limassol this October for the Maritime Cyprus Conference 2025, a flagship event for the international shipping industry, held under the theme ‘Unlocking ...

Cypriot services firm Logicom Public Ltd issued a profit warning on the Cyprus Stock Exchange (CSE) this week, notifying investors that its financial performance for the first half of the ...

The Bank of Cyprus (BoC) on Tuesday announced that, as of June 30, 2025, its total issued share capital stood at 440,828,633 ordinary shares. Of these, 5,142,602 shares are held as treasury shares following ...

Cypriot real estate analytics firm Ask Wire has secured third place at the 15th Innovation and Technology Competition of the NBG Business Seeds programme. Awarded for its real estate data ...

PwC Cyprus this week announced the admission of George Constantinides to its partnership, with effect from July 1, 2025. According to an official announcement, the appointment reflects the organisation’s ongoing commitment ...

The Bank of Cyprus has achieved its 2025 real estate target months ahead of schedule, completing over €200 million in property sales within just a few weeks, including the largest transaction ever ...

The entrepreneurial spotlight turns to Cyprus this Friday, July 5, as ten local startups prepare to compete at the Startup World Cup 2025 Regional Finals, taking place at BrainRocket in Limassol. The ...

From its humble beginnings as a guitar tab-sharing site in 1998, the Muse Group has grown into one of the most influential music technology companies in the world, now reaching over 400 ...

The Columbia Group is set to acquire the Secret Valley resort from Bank of Cyprus’ real estate management unit (REMU) in a deal valued at over €130 million, it emerged on ...

Cyprus recorded an 18 per cent rise in ship registrations in 2023, the highest annual increase since the Shipping Deputy Ministry’s creation in 2018, driven by expanded global services and efforts to ...

The Index of Industrial Output Prices in Cyprus reached 122.9 units in May 2025, based on 2021 as the reference year set at 100 units, according to a report from the state statistical service. ...

The European Commission on Monday endorsed a positive preliminary assessment of Cyprus’ fourth payment request under the Recovery and Resilience Facility (RRF), the central pillar of the European Union’s ...

The Cyprus Stock Exchange (CSE) on Monday released a statement formally welcoming Eurobank Group’s intention to pursue a dual listing of its shares on the CSE. The CSE described ...

Cyprus posted a general government surplus of €551.2 million for the period of January to May 2025, representing 1.6 per cent of GDP, according to preliminary data released by the Statistical Service of ...

The Columbia Group is set to acquire the Secret Valley resort from Bank of Cyprus’ real estate management unit (REMU) in a deal valued at over €130 million, it emerged on ...

Cyprus ranked among the top household consumers in the EU, with per capita expenditure reaching 21,879 PPS in 2024, according to a recent Eurostat survey that compared household consumption across member states ...

Cyprus saw a sharp rise in the registration of saloon passenger cars in May 2025, with the figure reaching 3,715, up 11.7 per cent compared with May 2024. This was also notably higher than ...

Cyprus has been ranked among the 15 European countries most affected by digital payment fraud, despite recording one of the lowest overall loss totals and fraud case counts, according to new ...