Cyprus Business News

Cyprus saw a 14.8 per cent decline in total beer sales in March, when compared to the same period in 2024, according to the latest data released by the state statistical service ...

The credibility and global recognition that Cypriot shipping enjoys today stems from decades of steady investment in maritime infrastructure and know-how.   That legacy now continues through Thomas Kazakos, who after ...

Schwarzwald Capital, a Cyprus-based venture capital firm with a focus on fintech and the creator economy, announced on Monday a strategic investment in Vesta, a specialist in fraud prevention and ...

The Cypriot economy and banking sector remain resilient despite intensifying geopolitical instability and rising global trade tensions, according to Christodoulos Patsalides, governor of the Central Bank of Cyprus (CBC). In ...

The renovation of the historic Berengaria Hotel in Prodromos is sparking renewed investor interest in Cyprus’ mountain communities, with developers now turning their focus to Platres, Agros and Kakopetria. Speaking ...

Cyprus’ high-end property market experienced a significant recovery in February 2025, with the 50 largest transactions across the island totalling €64.8 million, according to a report released on Monday by real estate analytics ...

Honoring a legacy, forging a new icon in the Dolomites  ACCOR, Invel Real Estate and PRODEA Investments proudly announce the signing of Hotel Bellevue Cortina d’Ampezzo, Emblems Collection, marking ...

By Sergei Ivanov, Michael Pelosi, Fabian Cabeza Introduction – Global legislation trends on real estate tokenization: In March 2025, the Dubai Land Department (DLD) made major headlines by launching a pilot project ...

Deputy Minister for Shipping Marina Hadjimanolis paid a visit to New York from April 3 to 5, as part of efforts to promote Cypriot shipping, according to an announcement released on Monday. ...

Aegean Airlines is stepping up efforts to help position Cyprus as a year-round destination, strengthening its presence on the island with a new Larnaca-Rome route and increased seat capacity. Speaking ...

Cyprus has the potential to become a key location for data centres, according to Andreas Poullikkas, an expert in energy systems and former chairman of the Cyprus Energy Regulatory Authority (...

The Industrial Turnover Index in Cyprus reached 128.1 units in January 2025, with 2021 serving as the base year set at 100 points. This marked a 5.8 per cent increase compared with January 2024, according to ...

Here are the top business stories in Cyprus from the week starting March 31: Mike Vasiliev, CEO of AI-powered property startup Placy, is no stranger to the intersection of real estate ...

Tourism revenue in Cyprus reached €69.2 million in January 2025, marking a substantial increase from the year before, according to a report released on Friday by the state statistical service. This represents ...

Cyprus’ Ministry of Energy, Commerce and Industry on Friday announced that it recently participated in the international maritime exhibition Sea Asia 2025 with an information booth. The initiative was carried out ...

The number of registered unemployed persons in Cyprus recorded a slight decrease in March 2025, according to seasonally adjusted data released by the Cyprus Statistical Service (Cystat). Specifically, the total figure ...

Tourism revenue in Cyprus reached €69.2 million in January 2025, marking a substantial increase from the year before, according to a report released on Friday by the state statistical service. This represents ...

Cyprus’ investment potential will take centre stage at the 3rd Capital Link Cyprus Business Forum in New York on Friday, where president Nikos Christodoulides will deliver the keynote speech at ...

The Cyprus Information Technology Enterprises Association (CITEA) has warned that the domestic ICT sector’s momentum may stall without urgent investment in skills and institutional support. The association delivered this ...

President Nikos Christodoulides met with Jason Rickett, Head of Corporate Relations at financial services group Citi, in New York on Thursday to discuss the global financial group’s services and ...

Technology has become an integral part of every professional sector, with real estate being no exception, according to Marinos Kineyirou, president of the Cyprus Real Estate Agents Registration Council. In ...

Inflation in Cyprus for March stood at 1.6 per cent, according to the latest Consumer Price Index (CPI) data released this week by the Cyprus Statistical Service. The index rose to 117.25 ...

The Cyprus Property Developers Association has welcomed the implementation of a fast-track building permit process for medium-risk developments, praising the Interior Ministry’s efforts to speed up licensing procedures. In ...

President Nikos Christodoulides held a meeting on Thursday in the United States with Richard Mashaal, founder of Senvest Management, and Brian Gonick, the company’s head of investments. Government spokesperson ...