Cyprus Business News

The Non-Performing Loans (NPL) ratio in the Cypriot banking sector fell to 5.9 per cent at the end of April, down from 6.1 per cent at the end of March, according to ...

The Deputy Shipping Ministry on Friday issued a statement summarising Deputy Minister Marina Hadjimanolis’ participation at the 3rd UN Conference on Landlocked Developing Countries (LLDC3). The conference, held in Awaza, ...

The Cyprus Investment and Securities Corporation (CISCO), a wholly owned subsidiary of the Bank of Cyprus Group, on Friday announced a strategic partnership with global asset manager Schroders to launch ...

Paphos is facing the same problems as Cyprus’ wider tourism sector, including seasonality, infrastructure gaps and water shortages, according to Nasos Hadjigeorgiou, executive director of the Paphos regional tourism board (...

The Enterprise Europe Network Warsaw, in collaboration with the Digital Economy Lab of the University of Warsaw, has announced the organisation of DEICy 2025, a comprehensive online event focusing on the ...

Eurobank remains the top pick among Greek lenders, according to the latest analysis by Jefferies, a global, full-service investment banking and capital markets firm. The firm maintained its “buy” rating ...

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

The Cyprus Department of Information Technology Services (DITS), under the Deputy Ministry of Research, Innovation and Digital Policy, has entered into an agreement with Newcytech Business Solutions Ltd for the ...

The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Thursday announced the appointment of Georgios Syrichas as an independent, non-executive member of the ...

ASBISc Enterprises Plc on Thursday reported its strongest-ever second quarter, with revenue for Q2 2025 reaching $949.3 million, marking a 47.0 per cent increase compared to the same period in 2024. The company attributed ...

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

Cyprus’ Harmonised Index of Consumer Prices (HICP) fell by 0.9 per cent year-on-year in July 2025, according to data released by the statistical service (Cystat) on Thursday. Compared with the previous month, ...

Cyprus recorded the highest annual increase in retail trade volume among all EU member states for the second consecutive month, according to figures published by Eurostat. The rise in retail ...

Turkey’s aggressive and multi-faceted energy strategy is posing increasing challenges for Cyprus and the broader Eastern Mediterranean region, according to Andreas Poullikkas, professor of energy systems and former chairman ...

Cyprus airports reached an all-time record in July, with a total of 1,653,880 passengers passing through Larnaca and Paphos airports, surpassing even last year’s August peak, according to Hermes Airports. ...

The Cyprus Stock Exchange this week announced a change in the composition of its emerging companies market index. According to the CSE, the shares of EFA Holdings PLC will soon ...

Deputy Shipping Minister Marina Hadjimanolis reaffirmed Cyprus’ commitment to development approaches that are inclusive and human-centred during her address at the third United Nations Conference on Landlocked Developing Countries in ...

The average interest rate on new loans to Cypriot households is now almost aligned with the eurozone median, while for businesses the margin stands at 0.24 per cent, according to the ...

Greek retail group Jumbo reported a 9 per cent year-on-year increase in sales in July 2025 across all markets, with Cyprus and Greece driving growth. Over the first seven months of the ...

The response so far to the affordable housing schemes has been encouraging, according to Interior Minister Constantinos Ioannou. He also said that the Cyprus Land Development Corporation (Koag) is planning ...

Limassol continued to dominate Cyprus’ high-end property market in the first half of 2025, accounting for six of the ten most expensive transactions nationwide, with a combined value of €105.7 million, according ...

Two key challenges stand in the way of introducing a new scheme to address non-performing loans (NPLs), according to Finance Minister Makis Keravnos. Kervanos responded to a question from MP ...

Global catering management provider MCTC, with offices in Cyprus, Greece, and Saudi Arabia, among other places, has launched two new tools aimed at enhancing nutritional oversight and environmental transparency onboard ...

Cyprus airports reached an all-time record in July, with a total of 1,653,880 passengers passing through Larnaca and Paphos airports, surpassing even last year’s August peak, according to Hermes Airports. ...