Cyprus Business News

The Mall of Engomi (ME) Plc this week reported a sharp increase in profit after tax for the first half of 2025 while confirming that no significant changes are expected in ...

Cyprus’ robust fund framework and status as a top ship management centre place it at the crossroads of alternative credit and maritime financing, according to Michalis Vasiliou, executive director at ...

Revenue from tourism in Cyprus rose by 8.2 per cent in July 2025, reaching €513 million, according to a report released on Monday by the state statistical service. Officials said this figure marked ...

Cyprus’ Industrial Production Index reached 125.8 units in July 2025, using 2021 as the base year set at 100 units, according to the statistical service. This represented an increase of 1.8 per cent compared with ...

The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical capital buffer (CCyB) for exposures in the Republic of Cyprus at 1.5 per cent. In a statement on Monday, ...

A comprehensive package of legislative reforms has been introduced to modernise procedures, simplify processes and facilitate business activity in Cyprus. The reforms are part of the implementation of the action ...

Demetra Holdings Plc on Monday announced the buyback of its own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO). According to an announcement on the Cyprus Stock Exchange (...

The Cyprus Stock Exchange (CSE) on Monday announced the continuation of the suspension of trading of the shares of Toxotis Investments Public Ltd, A. Tsokkos Hotels Public Ltd and Dome ...

Thousands of visitors attended European Researchers’ Night at the State Fair in Nicosia on September 26, 2025, according to an announcemnet by the Research and Innovation Foundation (RIF). The foundation described the ...

Cypriots in the City, the UK’s largest and fastest growing network for Cypriot professionals, recently hosted its “Together in the City” event. The event, held on September 24, was co-organised ...

Cyprus has the most generous personal income tax break in the European Union, sparing the first €19,500 of earnings from tax.   That cushion, higher than anywhere else in the bloc, helps ...

Revenue from tourism in Cyprus rose by 8.2 per cent in July 2025, reaching €513 million, according to a report released on Monday by the state statistical service. Officials said this figure marked ...

Around 15,000 applications from third-country nationals seeking permits to acquire real estate in Cyprus have been submitted over the past five years, according to Interior Minister Constantinos Ioannou.  The minister provided ...

Cyprus’ public finances remain on a strong footing, with German rating agency Scope projecting public debt will fall below 60 per cent of GDP this year and under 50 per cent in ...

Food prices in Cyprus have risen by 20 per cent since the end of 2019, the mildest increase in the euro area, while Estonia has seen the steepest jump at 57 per cent, ...

Two of Cyprus’ leading tourism bodies have renewed their commitment to sustainability, innovation and year-round growth, marking this year’s focus on the transformative power of tourism. Firstly, the Cyprus ...

Cyprus will once again take part in GITEX Global 2025 in Dubai, marking its fourth consecutive year at the world’s leading technology exhibition. The island will be represented by 14 information ...

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) delivered a steady performance in 2024, with resilient sales, stronger profits and a solid balance sheet. The group benefited both from its established product lines and ...

Here are the top business stories in Cyprus from the week starting September 22: The government will continue to back the Larnaca local district organisation (EOA) as it seeks to become ...

Cyprus has found “sizeable quantities” of natural gas in blocks Pegasus and Glaucus, Energy Minister George Papanastasiou told the Cyprus Mail on Friday, following an earlier announcement by the president ...

Global shipping, which carries around 80 per cent of world merchandise trade, is stagnating as the sector struggles with geopolitical instability, new tariffs and shifting sea lanes, the United Nations said ...

Petroleum product sales in Cyprus fell by 1 per cent in August 2025 compared to the same month last year, reaching 123,378 tonnes, according to the statistical service (Cystat). The decline was mainly ...

Logicom Public Ltd on Friday reported a profit after tax of €29,672,258 for the first half of 2025, nearly doubling from €15,826,856 in the same period last year, representing an increase of approximately 87.4 ...

Vassiliko Cement Works Public Company Ltd on Friday announced that its board of directors approved the payment of an interim dividend for 2025 amounting to €10,790,392.05. The dividend corresponds to €0.15 per share ...