Cyprus Business News

Maritime company Safe Bulkers Inc., led by Cypriot shipowner Polys Hajioannou, listed on the New York Stock Exchange, has agreed to sell the MV Pedhoulas Merchant, with a Cypriot flag, ...

Headquartered in Cyprus, Nexters is best known for Hero Wars, the popular RPG launched in 2016 that has enjoyed steady growth and a remarkable run in the charts. Since 2019, the title ...

The European Commission has launched a public consultation to develop a new strategy for housing construction as part of the European plan for affordable housing. The Cyprus Chamber of Commerce ...

The European Banking Authority (EBA) this week reported that the EU and EEA banking sector remained robust in the first quarter of 2025, despite higher costs of risk. Publishing its quarterly ...

Louis plc, a group active in cruises, hospitality, and travel services, on Tuesday announced that it is exploring a possible reorganisation of its structure and confirmed that trading of its ...

Cyprus hotels will be at their busiest from the following weekend until August 18, with occupancy rates between 90 and 95 per cent, according to Thanos Michaelides, president of the hoteliers association (Pasyxe). ...

The Cyprus Stock Exchange (CSE) on Tuesday announced the suspension of trading for shares of several companies listed on its new market, a segment designed specifically for smaller, growing, or ...

The association of Cyprus tourist enterprises (Stek) and Nicosia-based KES College on Tuesday announced that they have renewed their collaboration for another year. In this context, Stek said that it ...

The European Banking Authority (EBA) this week reported that the EU and EEA banking sector remained robust in the first quarter of 2025, despite higher costs of risk. Publishing its quarterly ...

The Chief Scientist, Demetris Skourides has launched a new podcast series aimed at putting people, purpose and innovation at the heart of the artificial intelligence (AI) debate. Fearless Future, produced ...

Limassol-based BrainRocket is expected to relocate the majority of its operations to Spain, moving almost 1,000 employees, according to both Cypriot daily Politis and information received by the Cyprus Mail. The ...

The Cyprus Chamber of Commerce and Industry (Keve) this week called on Cypriot businesses to participate in an ongoing European Commission public consultation on the review of EU merger rules, ...

The Cyprus Stock Exchange (CSE) Council on Monday expressed “deep concern and disappointment” over what it deems to be “the exclusion of meaningful incentives for the capital market” in the ...

Total government employment in Cyprus reached 53,447 persons in July 2025, marking an increase of 408 individuals or 0.8 per cent compared to June 2024, according to the Cyprus Statistical Service (Cystat). Employment in the ...

The Cyprus Stock Exchange (CSE) Council on Monday expressed “deep concern and disappointment” over what it deems to be “the exclusion of meaningful incentives for the capital market” in the ...

One year has passed since the launch of the interbank ESG assessment project for Cypriot businesses, implemented by Artemis Credit Bureau through the Synesgy platform. According to a statement by ...

The highest construction costs in Cyprus’ private sector last year were recorded in hotels, followed by clinics and medical offices, with tourist apartments in third place, according to the Cyprus ...

Cyprus’ trade deficit widened to €3.87 billion in the first half of 2025, compared to €3.65 billion in the same period last year, according to a report released on Monday by the state ...

The Cyprus Stock Exchange (CSE) on Monday announced the suspension of trading for several listed companies on the regulated market due to their failure to submit and publish their annual ...

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of recent decisions involving investment firms, administrative fines, revocations of earlier rulings and the granting of an exemption under ...

Cyprus is losing millions in unpaid taxes after thousands of cases fell outside the legal deadline for assessment, the audit service has warned. In its latest report on the tax ...

VAT revenues from the EU’s e-commerce systems brought €257.9 million into Cyprus’ coffers in 2024, according to tax commissioner Sotiris Markides. Through the One Stop Shop (OSS) and Import One Stop ...

The Bank of Cyprus is doubling down on its innovation drive this October, launching its sixth fintech hackathon while also joining TechIsland’s donor network to help strengthen the island’...

The International Maritime Organisation’s (IMO) Maritime Safety Committee (MSC) has called for a comprehensive overhaul of the International Safety Management (ISM) Code, warning that the rules no longer reflect ...