Cyprus Business News

Lordos Hotels reported a sharp turnaround in its first-half results for 2025, posting a net profit of €605,800 compared with a loss of €236,800 a year earlier, the company said this week. Profits ...

Greek-retail group Jumbo this week reported a net profit of €117.18 million for the first half of 2025 and confirmed plans to open two new hyperstores in Cyprus over the next five ...

The Digital Cooperation Organisation (DCO) this week announced the expansion of its WE-Elevate programme across all its member states, including Cyprus, on the sidelines of the 80th United Nations General ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced that it has reached four separate settlement agreements with employees of V.P. Magnetic Support Technologies Ltd over possible violations ...

The Central Bank of Cyprus (CBC) on Wednesday published updated data on non-performing loans and banking sector profitability, balance sheet and capital adequacy for the period ending June 30, 2025. According to ...

The Central Bank of Cyprus (CBC) on Wednesday published updated data on non-performing loans and banking sector profitability, balance sheet and capital adequacy for the period ending June 30, 2025. According to ...

Chief Scientist Demetris Skourides concluded a four-day visit to India on September 19, following a series of meetings with business, political and academic leaders aimed at deepening bilateral cooperation and exploring ...

The European Union posted a €23 billion trade surplus in high-tech products in 2024, returning to positive territory after a €15 billion deficit the year before and four consecutive years in the red, ...

Cypriot telecommunications trade union Epoet has called for the appointment of an executive chairman at Cyta, while at the same time reducing the powers of the chief executive officer (CEO). ...

Lordos United Public Ltd has reported a consolidated profit of €981,113 for the first half of 2025, an increase compared with €879,923 in the same period last year. The company announced the results ...

Leading Greek and international shipowners gathered in Athens on Tuesday for the TradeWinds Shipowners Forum Greece 2025, debating how to navigate geopolitical turbulence, commercial risk and the accelerating push to decarbonise ...

Demetra Holdings Plc on Wednesday reported a profit after tax of €10.23 million for the first half of 2025, equivalent to 5.11 cents per share, compared with €39.04 million or 19.52 cents per share in ...

Two loan agreements with a total value of €81 million will be signed on Thursday between the Finance Ministry and the European Investment Bank (EIB). According to an official statement from ...

Eurozone employees are reluctant to give up a significant share of their wages for the option to work from home, despite reporting high levels of satisfaction with hybrid arrangements, a ...

The Cyprus Securities and Exchange Commission (CySEC) has recently taken several enforcement decisions, imposing fines and bans on directors, penalising a company for late reporting, and approving the voluntary renouncement ...

The Central Bank of Cyprus (CBC) on Tuesday forecast steady growth for the Cypriot economy in 2025. According to its September 2025 macroeconomic projections, gross domestic product (GDP) is expected to rise ...

The Doers Company this week announced that it has expanded its global reach with two new strategic partnerships in India, marking a major step in strengthening its presence across Asia. ...

European fintech company payabl. this week announced that it has expanded into the Lithuanian market, formalising its presence in Vilnius and establishing the city as its hub for the Baltics ...

The Central Bank of Cyprus (CBC) on Tuesday forecast steady growth for the Cypriot economy in 2025. According to its September 2025 macroeconomic projections, gross domestic product (GDP) is expected to rise ...

The European Investment Fund (EIF) and Eurobank (Cyprus) on Tuesday announced the launch of the first InvestEU Guarantee transaction in Cyprus, unlocking €62.5 million in new financing for small and medium-sized ...

The Consumer Protection Service on Tuesday announced that it has imposed substantial administrative fines on the Bank of Cyprus and Eurobank (Cyprus) for including unfair terms in their mortgage loan ...

The Cyprus Consumers Association this week issued guidance to consumers following a surge in complaints against a travel agency that failed to meet its obligations to clients. The association, which ...

Eurobank Holdings this week announced that its subsidiary, Eurobank, has successfully completed an additional bond issuance following strong interest from institutional investors. The bank said the move concerns its high-priority ...

Atlantic Insurance Company Public Ltd on Tuesday announced that Astrobank has reduced its stake in the firm through a series of pre-agreed share sales. The company said that between September 16 ...