Cyprus Business News

Central Bank of Cyprus (CBC) directorate-general of financial stability and resolution head Panayiota Karamanou has highlighted the need to strengthen investor confidence as a key pillar of the Savings and ...

Cyprus-based IT distributor Asbis Group reported a net profit of $60.2 million for 2025, highlighting a record year driven by strong demand across multiple technology segments. The company said that net profit ...

The Central Bank of Cyprus (CBC) has announced that total deposits increased by 4.7 per cent year-on-year in February 2026, while total loans recorded a 12.3 per cent annual increase. In absolute terms, ...

The Research and Innovation Foundation (RIF) has announced two new funding calls aimed at bringing research closer to businesses in Cyprus through targeted innovation programmes. The calls fall under the ...

The government on Thursday announced a €200 million package of eight measures which it hopes will help combat rising costs after four weeks of war in the Middle East. Firstly, the ...

A presentation of Cyprus’ new tax reform will be held in Athens on April 21, targeting Greek businesses and investors, following its postponement due to the war in the Middle East. ...

Demetra Holdings Plc on Thursday announced that it completed the purchase of 8,132 of its own shares during a trading session held on March 24, 2026. According to the announcement, the transaction was ...

Chief Scientist Demetris Skourides has concluded a series of high-level meetings in Brussels and the Netherlands, aimed at strengthening Cyprus’ role in artificial intelligence, ocean policy and science-for-policy collaboration within ...

Cablenet Communication Systems PLC on Thursday announced its financial results for the year ended December 31, 2025, reporting revenue of €69.7 million alongside a broader transformation of its operations and services in Cyprus. ...

The Cyprus Association of Electricity Suppliers’ Representatives (Sepie) on Thursday said that a competitive electricity market remains the most efficient model for achieving lower costs for consumers and a sustainable ...

Cyprus stepped up its international wine push at Oenorama 2026 in Athens, with 16 wineries showcasing the range, authenticity and growing appeal of the island’s vineyard, according to the energy ministry. ...

The Bank of Cyprus on Thursday announced its decision to proceed with the early redemption of its Tier 2 Capital Notes, marking the final stage in the management of the instrument ...

Cyprus’ market for newly built residential property continued to show strong demand for apartments in 2025, with buyers of new homes concentrating mainly in lower and mid-range price brackets, according to ...

Paphos is pursuing a modern tourism model that is “multidisciplinary, digital, sustainable, internationally interconnected and deeply rooted in local communities”, with the aim of extending activity to 11 or 12 months a ...

Cyprus has celebrated a major “green” milestone for its hotels, just as the government has announced a new package of support measures to shield the industry from regional instability, according ...

The Cyprus Statistical Service (Cystat) on Thursday announced the publication of a detailed economic roadmap for 2022, showing that the total value of goods and services supplied and used in the ...

Cyprus ranked 11th in the European Union in 2025 for GDP per capita in purchasing power parity, sharing the position with France at 98 per cent of the EU average, according to ...

The government on Thursday announced a package of eight measures which it hopes will help combat rising costs after four weeks of war in the Middle East. Firstly, the reduced ...

European financial technology provider payabl. announced on Thursday the launch of Tap to pay, a new solution enabling businesses to accept contactless payments directly via smartphones without dedicated hardware. According ...

Businesses are struggling to bridge a massive “execution gap” as they race to integrate artificial intelligence into the workplace, according to a new report from Deloitte. The above insight was ...

A bill submitted by the deputy ministry of tourism to parliament seeks to regulate recreational diving services in Cyprus, introducing a licensing framework for all providers and setting out safety, ...

For Lidl Cyprus, sustainability is not some parallel initiative – rather, it’s a consistent mode of operating that covers the entire value chain. This philosophy is underscored in the 2024 Sustainability ...

Nicosia-based publisher Digital Vortex Entertainment, part of Utmost Games, announced on Wednesday a collaboration with indie developer Firevolt on the upcoming game Salvation Denied. The title has been described as ...

The Cyprus Chamber of Commerce and Industry (Keve) will host its second annual summit titled Private Clients in the Changing World Where East Meets West at the Four Seasons Hotel ...