Cyprus Business News

The House this week approved yet another extension to the licensing deadline for hotels and tourist accommodations, triggering backlash from MPs over years of delays and what they called ‘fictitious ...

Ermes Department Stores PLC announced that shareholders unanimously approved a special resolution to reduce the company’s issued share capital during an extraordinary general meeting held on Friday. The approved ...

The Cyprus Stock Exchange (CSE) on Friday ratified the suspension of trading in the shares of Hellenic Bank Public Company Ltd, following a recent meeting of the CSE Council. The ...

The Bank of Cyprus on Friday has announced that it repurchased a total of 339,586 of its ordinary shares between May 16, 2025, and May 22, 2025. The shares, each with a nominal value of €0.10, ...

Hellenic Bank on Friday announced that it reaffirmed its commitment to Cyprus’ green transition during the second Green Agenda Cyprus Summit. According to the announcement, the bank supported the event ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it organised a business mission to Helsinki earlier this week, held in conjunction with the official visit of ...

Cyta has taken a major step in consolidating Cyprus’ position as a regional digital infrastructure hub with the acquisition of Simplex’s flagship LCA1 data centre in Larnaca – the country’...

Cyprus is courting Qatari investors with a push to expand cooperation in real estate, tech and financial services, as part of efforts to bolster bilateral ties and attract strategic capital ...

Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced that the Enterprise Europe Network of Warsaw, in collaboration with the Digital Economy Lab of the University of Warsaw, ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday used his address at the 4th ICPAC Mediterranean Finance Summit to underline the importance of resilience in the face of ...

Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (...

The Cyprus Stock Exchange (CSE) on Thursday announced the listing of 317,817 additional ordinary shares of Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the ...

ASBISc Enterprises on Thursday announced estimated consolidated revenues of approximately $255 million for April 2025, marking a 33 per cent increase compared to the same month last year. In an announcement submitted to ...

The Finance Ministry on Thursday announced the delisting of its 13-week treasury bills, second issue 2025, from the Cyprus Stock Exchange (CSE). The announcement referred to treasury bills issued on February 28, 2025, ...

The Cyprus Real Estate Agents Registration Council has issued a call to its members to be prepared for mobilisations, following a meeting of the House legal affairs committee on Tuesday. ...

Experts gathered at the 11th International Compliance Forum, held in Limassol this week, to discuss the implications of the EU’s new Anti-Money Laundering Authority (AMLA), expected to begin operations ...

The Cyprus Information Technology Enterprises Association (CITEA), a member of the employers and industrialists federation (Oev), took part in the Digital Europe Pan-European Conference held in Copenhagen from May 15 to 16. ...

Cyprus and Finland pledged to deepen maritime cooperation during a bilateral forum in Helsinki on Tuesday, just ahead of the working visit of Cyprus President Nikos Christodoulides to Finland, which ...

The Research and Innovation Foundation (RIF) this week announced that it will soon launch new calls for three funding programmes, aimed at both established and start-up businesses. The purpose of ...

A significant decline of 24 per cent was recorded in the number of building permits issued in Cyprus in January 2025, when compared to the same month in 2024, according to data released ...

The Cyprus Investment Promotion Agency, widely known as Invest Cyprus, has been honoured with the prestigious Editor’s Choice Award at the 17th IN Business Awards. According to an announcement ...

Household saving rates across the European Union are projected to stabilise in 2025 after recent volatility driven by economic uncertainty, according to the European Commission’s Spring 2025 Economic Forecast. The forecast ...

Frozen molluscs and fresh meat recorded the steepest monthly price increases in April, up by 14.1 and 10.7 per cent respectively, even as inflation slowed to just 0.2 per cent, according to the ...