Cyprus Business News

ASBISc Enterprises Plc this week announced its estimated consolidated revenues for February 2026, reporting a sharp year-on-year increase. The Cyprus-based IT distributor, widely known as Asbis, stated that estimated revenues reached ...

Immediate relief measures can still be taken to cushion the expected rise in energy costs, scientific and technical chamber (Etek) president Constantinos Constanti said in a written statement, while warning ...

The Cyprus Tour Guides Association will stage a protest demonstration outside the Deputy Ministry of Tourism at 11.00 on Friday. According to an official announcement, the mobilisation has been organised due ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) recently held its annual mentor programme training session, led by trainer Marilena Shakalli Maroudia. According to ICPAC, the programme, which was ...

Demetra Holdings on Tuesday announced yet another buyback of its own shares following a transaction executed the previous day. Specifically, the firm moved forward with the purchase of 8,300 own shares ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the completion of a mission to promote Cypriot universities in Greece, after organising a series of education fairs across ...

Cyprus used the Women Who Built Europe Summit in Brussels to emphasise stronger female participation in research and innovation programmes and the example set by 35 Cypriot women across government, business ...

Eurobank reaffirmed its strategic commitment to the shipping sector by participating as a platinum sponsor at the 2026 keynote annual event of the Propeller Club of the United States – Port of ...

The Bank of Cyprus (BoC) on Tuesday announced a support package aimed at assisting livestock farmers affected by foot and mouth disease, alongside other impacted businesses and individuals. The bank ...

The Propeller Club of the United States, Port of Limassol, brought global thought leader Amin Toufani to Cyprus for its 2026 keynote annual event, as more than 200 members and guests gathered ...

Cyprus banking sector mirrors EU strength despite pressures The European Banking Authority (EBA) has said that the EU and EEA banking sector remains resilient, even as geopolitical uncertainty intensifies following ...

Government foreclosure bills were sent back to the Finance Ministry after gaps were identified during a discussion at the House Finance Committee. The issues raised focused primarily on procedural deadlines ...

A legislative proposal submitted by Disy and Diko aimed at providing transitional relief for legacy stock option schemes was discussed before the House Finance Committee this week. The proposal focuses ...

The Treasury has announced that the state budget deficit for 2025 reached €1.79 billion, according to its official fiscal report released this week. The fiscal report for 2025 serves as a comprehensive review ...

Eurobank has announced that it has extended the deadline for applications to its voluntary exit scheme until Friday, March 28, 2026, following its initial launch on March 9, 2026. The bank had originally set ...

Cyprus hoteliers in Ayia Napa, Protaras and Larnaca are warning of a sharp slowdown in bookings ahead of the new tourism season, as the war in the Middle East continues ...

Cyprus’ construction sector needs closer coordination between contractors, engineers, architects and the state if it is to deal effectively with mounting pressures, including regional instability, labour shortages and delays in ...

Immediate relief measures can still be taken to cushion the expected rise in energy costs, scientific and technical chamber (Etek) president Constantinos Constanti said in a written statement, while warning ...

A balance sheet analysis of the Cyprus economic experiment (2013–2026) Looking back from the vantage point of 2026, the official narrative surrounding the Cypriot economy’s post-crisis recovery is broadcast as a ...

Eurobank S.A. has announced that its board of directors had appointed Alexandra Reich as an independent non-executive member, replacing Jawaid Mirza, who has resigned. The decision was taken at ...

Credit rating agency Capital Intelligence Ratings on Monday affirmed Cyprus’ long-term foreign currency rating at BBB+ with a stable outlook, while also confirming the short-term rating at A2. The agency ...

Alpha Bank Cyprus announced its support as a strategic partner for the national awareness campaign “Proper Use of Medicines”, an initiative aimed at strengthening public understanding and responsible behaviour on ...

The Cyprus University of Technology (Tepak) is organising its Career Day 2026 in Limassol on March 26, 2026, to strengthen the connection between the academic community and the modern business world. The event ...

The Larnaca Chamber of Commerce and Industry (Evel) has expressed unanimous support for the separation of the city’s port and marina, endorsing plans for the development of a modern, ...