Cyprus Business News

Columbia Group has warned that a growing gap between cyber regulation and operational readiness is holding back industry progress, after discussions at CRA Europe 2026 in Bucharest brought renewed focus to ...

Demetra Holdings Plc on Monday announced that it had proceeded with a purchase of own shares during a session held on March 20, 2026, in line with its approved buyback programme. The ...

Eurobank S.A. on Monday announced that it had repurchased 1,907,008 own shares between March 16 and March 20, 2026, as part of its ongoing share buyback programme. The programme, which commenced following an ...

The Ministry of Commerce on Monday announced that Cyprus participated for the fifth consecutive year with a state pavilion at the international wine and spirits exhibition ProWein 2026, held in Dü...

The House Finance Committee on Monday examined a package of seven bills submitted by the Finance Ministry aimed at establishing a unified credit data exchange framework and introducing a credit ...

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 ...

The next generation of Cypriot family-business leaders is facing a uniquely volatile environment, requiring a shift toward tech-driven leadership and emotional intelligence. This was the key takeaway from a high-level ...

The Association of Greek Professionals in Cyprus (Selek) has been officially established under the auspices of the Cyprus Chamber of Commerce and Industry (Keve), according to an official announcement. The ...

The Bank of Cyprus (BoC) on Monday announced an agreement to acquire performing loans, deposits and selected assets and liabilities from the Cyprus Development Bank (CDB), marking a strategic move ...

The Research and Innovation Foundation (RIF) concluded the Future Founders Academy programme with a Demo Day event in Nicosia, showcasing the creativity and potential of emerging entrepreneurial teams. The event, ...

Larnaca is rolling out a broad 2026 tourism drive aimed at boosting the district’s appeal through targeted promotion, local upgrades and greener infrastructure, as Middle East tensions weigh on the ...

Approximately 167,000 people in Cyprus remained at risk of poverty or social exclusion in 2025, according to the latest figures from the Cyprus Statistical Service (Cystat). Specifically, the statistical service on Monday ...

Trade union Isotita has submitted a memorandum to both the finance and labour minister, raising concerns over its exclusion from consultations on pension system reform. The union, which represents thousands ...

Opposition party Disy on Monday called for an emergency and holistic plan to address the economic impact of the Middle East crisis, warning that inaction is not an option amid ...

PwC Cyprus and the PwC Foundation supported Global Money Week 2026 by implementing an educational programme titled “Financial Literacy” for the fourth consecutive year across schools in Cyprus. According to an ...

More than €230 million is expected to flow into Paphos in 2026 and 2027 for a total of 75 large and smaller development and infrastructure projects, Transport Minister Alexis Vafeades confirmed during a meeting ...

Parliament is set to examine a bill that would give hundreds of hotels and tourist accommodation providers until December 31, 2028 to continue operating without a full licence, as the Deputy Ministry ...

The euro area recorded a trade deficit of €1.9 billion in January 2026, according to Eurostat, while Cyprus posted a significantly improved trade balance over the same period. The euro area deficit ...

Columbia Group is urging industry leaders to implement artificial intelligence in a way that ensures digital processes do not hinder progress in attracting more women to shipping, arguing that the ...

Here are the top business stories in Cyprus from the week starting March 16: The Cyprus Employers and Industrialists Federation (Oev) on Monday expressed “deep disappointment and strong concern” over the ...

The Board of Directors of Blue Island PLC will convene on April 28, 2026, at the company’s registered office to approve the final financial results for the previous year and discuss ...

Finance Minister Makis Keravnos on Friday said the ministry is preparing multiple scenarios and measures to mitigate potential economic fallout from the war in Iran. The minister stressed that developments ...

Cyprus motorway density reached 29.41 kilometres per 1,000 square kilometres in 2024, according to a Eurostat report on EU transport infrastructure, placing it below major EU urban hubs but broadly in line with ...

The new technical school in Polemidia, set to replace Limassol’s first technical school and nearly double its capacity to 700 students, is expected to be completed by December 2026, according to ...