Cyprus Business News

Cyprus and Sweden on Friday signed a protocol updating their bilateral double taxation agreement, bringing the treaty into line with OECD international tax standards and strengthening cooperation on tax transparency ...

Cyprus’ Industrial Turnover Index rose by 4.6 per cent in April 2026, reaching 143.1 units, according to figures released on Friday by the statistical service (Cystat). For the first four months of the ...

Cyprus’ registered unemployed rose in June, with the increase driven mainly by accommodation and food services, public administration, education, and health and social work, figures released by the Statistical Service (...

The Cyprus Stock Exchange (CSE) Council on Friday released its official report detailing the market shares of its members for June 2026, as well as the cumulative figures for the first ...

Cypriot businesses are making steady progress in adopting Environmental, Social and Governance (ESG) practices, two years after the launch of the Interbank ESG project, with more than 1,200 companies having completed ...

President Nikos Christodoulides on Thursday said the construction sector was central to Cyprus’ shift towards a more sustainable development model, while stressing its role in housing, jobs and regional growth. ...

Demetra Holdings Plc on Friday announced the net asset value of its shares as of June 30, 2026, in a formal notification to the Cyprus Stock Exchange (CSE). The company stated that ...

Cyprus has made progress in licensing hotels and tourist accommodation, but more than half of tourist units have still never submitted an application, the Deputy Ministry of Tourism said this ...

Cyprus urged to bring financial literacy into classrooms early As financial literacy climbs the policy agenda in Cyprus, questions remain over whether children are being equipped with the practical skills ...

The Cabinet has approved a bill requiring more balanced representation of women and men in the senior decision-making bodies of listed companies, marking another step in Cyprus’ efforts to align ...

Cyprus has retained its place on the Paris MoU White List, with the Cyprus Union of Shipowners (CUS) saying the result confirms the continued quality and reliability of the Cyprus ...

The Central Bank of Cyprus (CBC) continued to improve the sustainability profile of its non-monetary policy portfolios throughout 2025, according to its latest annual climate-related financial disclosures released this week. The ...

Retail proprietary trading is no longer among the European Securities and Markets Authority’s (ESMA) immediate regulatory priorities, according to Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides, despite ...

Cyprus’ tourism sector is receiving growing attention in the Israeli media, with a number of leading news outlets reporting a partial recovery in visitor numbers following disruption caused by the ...

Serious weaknesses in Cyprus’ system for licensing and supervising tourist accommodation are undermining efforts to upgrade the country’s tourism product, according to a new special report by the Audit ...

Greek banks, some of which are also operational in Cyprus, are moving closer in line with European peers after restoring capital adequacy, ranking among the most profitable in Europe and ...

The National Bank of Greece acquired 675,000 of its own shares between June 22, 2026, and June 29, 2026, as part of an ongoing share buyback programme. The transactions were executed at a weighted average ...

The Financial Wellbeing Index for Cyprus rose in 2025, but household financial pressure remains widespread, according to findings published by the Financial Wellbeing Institute and commented on by the Finance Ministry ...

Rental costs in Cyprus continued to increase in the opening months of 2026, while house prices also maintained their upward trajectory, according to data released by Eurostat on Thursday. The latest ...

Cyprus recorded 1,711,525 guest nights in short-term rental accommodation booked through online platforms during the fourth quarter of 2025, according to data released by Eurostat on Thursday, as demand for platform-based accommodation ...

Cyprus’ seasonally adjusted unemployment rate fell to 3.1 per cent in May 2026, according to figures released by Eurostat on Thursday, marking a further improvement from the previous month and a sharp ...

Cyprus’ house prices rose at a slower annual pace in the first quarter of 2026, although they increased compared with the previous quarter, preliminary figures from the state statistical service (Cystat) ...

Commercial shipping is no longer dealing with isolated danger zones, but with a chain of crises that are increasingly feeding into one another, Nikolas-Alketas Drosos, Maritime Commercial Manager & Country ...

Cyprus’ inflation rate rose to 3.1 per cent in June 2026, according to figures released by the statistical service (Cystat), as petroleum products and agricultural goods continued to record the sharpest annual ...