Cyprus Business News

The Finance Ministry has announced the upcoming maturity of the 13-week Treasury Bills, 12th issue of 2025, confirming that the securities will soon cease trading on the regulated market. The announcement ...

Revolut Bank UK Ltd has received approval from the Prudential Regulation Authority (PRA) to launch as a fully licensed bank in the United Kingdom after the regulator lifted restrictions following ...

Limassol district local government organisation (EOA) president Yiannis Tsouloftas on Wednesday visited the DP World facilities at Limassol port, where he was briefed on operations and confirmed that all activities ...

Cyprus has recorded one of the lowest rates of online shopping problems in the European Union, with around 15.68 per cent of consumers reporting issues when buying through websites or apps, ...

The European Parliament this week adopted a sweeping set of recommendations to tackle the European housing crisis, a move welcomed by a Cypriot lawmaker who said the decision sends a ...

Total government employment in Cyprus reached 55,331 persons during February 2026, marking a marginal increase of 35 employees compared to the same month in the previous year, according to the state statistical service (...

Venture capital firm Kinisis Ventures, through KV Fund II, has invested in Autonomics Tech Ltd, a Cyprus-based robotics and automation company developing autonomous industrial cleaning systems and a companion fleet ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday warned that the escalating war crisis in the wider region is already starting to weigh on the Cypriot economy, with ...

Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor Yiannis Tsouloftas, arguing that faster permit ...

Capital markets firm Jefferies recently raised its target price for Alpha Bank shares to €4.85 from €4.15 and reiterated its buy recommendation, citing the bank’s strong earnings outlook and attractive shareholder ...

High concentration in banking markets delays the speed at which central bank interest rate changes reach consumers and businesses, according to a study released by the Central Bank of Cyprus (...

The Cyprus Scientific and Technical Chamber (Etek) recently hosted a European workshop titled “Scaling BIM Down: Making BIM work for small firms and small projects”, as part of its efforts ...

International market turbulence is keeping pressure on fuel prices in Cyprus, even as oil eased on Tuesday after surging to its highest level in more than three years a day ...

The Cyprus Chamber of Commerce and Industry (Keve) will organise an information seminar in Nicosia on March 19, focusing on the Carbon Border Adjustment Mechanism (CBAM) and its impact on importers. ...

Bank employee union Etyk members at Societe Generale Bank Cyprus on Tuesday approved the renewal of their collective agreement for the 2023–2027 period with 96 per cent support, introducing for the first ...

Paphos is promoting itself in Poland this week as it looks to draw more visitors from one of Cyprus’ fastest-rising tourism markets and deepen its appeal as a year-round destination. ...

Cyprus remained one of the European Union’s most oil-dependent countries in 2024, with 86 per cent of the energy available on the island coming from crude oil and petroleum products, according ...

Finance minister Makis Keravnos, who currently serves as president of the EU Economic and Financial Affairs Council (ECOFIN), on Tuesday reassured the international community that life in Cyprus continues normally ...

The Cyprus International Business Association (CIBA) has joined the European Confederation of International Trading Houses Associations (CITHA), in a move it said would strengthen Cyprus’ presence in Europe’s international ...

YoungShip Cyprus held its annual general meeting, beginning of March, in Limassol, where members approved the organisation’s plans for the year ahead and elected a new board for the 2026 – 2028 ...

State-owned asset management company Kedipes announced on Tuesday that it has successfully completed the technological upgrade of its IT system and the transition to the new Amplitude V11 platform. The ...

The Cyprus Borrowers Association (Syprodat) on Tuesday called for careful and balanced handling of the foreclosure issue, urging meaningful dialogue between the government, parliament, banks and social stakeholders as debate ...

The Association of Cyprus Banks has expressed strong disagreement with proposed legislative amendments affecting payment account access, warning that the changes could create legal, practical and competitive problems for the ...

Alpha Bank Cyprus was fined €160,000 by the consumer protection service over abusive terms in mortgage loan agreements, in the latest enforcement action arising from a broader investigation into banks’ standard ...