Cyprus Business News

EU tourism ministers gathered in Nicosia on Friday for an informal meeting under the Cyprus Presidency of the Council of the EU, with talks focusing on the bloc’s first ...

Cyprus recorded an employment rate of 81.3 per cent in 2025, placing it well above the EU average of 76.1 per cent, according to a report from Eurostat released on Friday. The figures ...

Tourist arrivals to Cyprus fell to 139,198 in March 2026, down 30.7 per cent from 200,736 in the same month last year, according to the state statistical service (Cystat). For the first three months ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday released a statement highlighting the importance of the Cyprus Market Access Day (MAD) 2026 in strengthening the internationalisation of Cypriot enterprises ...

Hybrid cars made up more than half of Cyprus’ passenger saloon car market in the first quarter of 2026, tightening their lead as petrol cars continued to lose ground, while electric ...

Pressures facing the transport sector, particularly rising costs linked to the crisis in the Middle East, require a coordinated response at EU level, according to Transport Minister Alexis Vafeades. Welcoming ...

Mark O’Neil has left his role as president and chief executive of Cyprus-headquartered Columbia Group with immediate effect, according to a report by TradeWinds, with no reason given for ...

Cyprus and Greece will renew and expand their cooperation in foreign investment through the signing of a strategic memorandum of cooperation between Invest Cyprus and Enterprise Greece in Athens. The ...

The Wedding Travel Company, the UK’s largest independent destination wedding company, recently issued an announcement reassuring couples that Cyprus remains a safe destination for weddings despite regional concerns. The ...

Trade Minister Michael Damianos on Thursday said that Cyprus is open for business as a stable, predictable and secure investment destination. Addressing the audience at the opening of the international ...

Limassol regional tourism board (Etap) prsident Andreas Tsouloftas has highlighted the need for targeted interventions to strengthen the tourism sector and support the local economy. In meetings with hoteliers and ...

Freedom Holding Corp. has announced the acquisition of ChessBase, a global leader in chess software, data and analytics, as part of its strategy to expand its technology-driven ecosystem. The deal ...

Trade Minister Michael Damianos on Thursday said that Cyprus is open for business as a stable, predictable and secure investment destination. Addressing the Great Britain Cyprus Business Association (GBCY) investment ...

Cyprus’ Chief Scientist Demetris Skourides was recognised among the “Top 50 What’s Next Champion” thought leaders at GITEX ASIA 2026 in Singapore, where he contributed to high-level discussions on ethical artificial ...

Britain’s easyJet warned of a bigger ​first-half loss on Thursday and said bookings were lagging last year’s as a result of the Iran war, with some investors concerned ...

Freedom24, part of Freedom Holding Corp., on Thursday announced that it won three awards at the 2026 Global Banking & Finance Awards, recognising its Tradernet platform and Neo Compliance framework. The ...

The American Chamber of Commerce in Cyprus (AmCham Cyprus) on Thursday announced that it held a strategic dialogue with Deputy Minister to the President Irene Piki, focusing on key economic ...

Transport Minister Alexis Vafeades said on Thursday that Cyprus remains committed to supporting a fair European transport policy and helping shape a strong and safe maritime policy that reflects the ...

Cyprus recorded one of the lowest inflation rates in the European Union in March, with the country’s annual harmonised inflation standing at 1.5 per cent, according to figures released on ...

The Cyprus real estate market eclipsed previous ceilings in 2025, with record-high transaction activity propelling the sector to an unprecedented total value of €6.5 billion, according to a report released on Thursday ...

European financial technology provider payabl. on Thursday announced the launch of Click to Pay with Visa, a new online card payment experience aimed at helping merchants improve checkout performance and ...

Cyprus hosted its first Market Access Day on Thursday, bringing together businesses, trade officials and EU representatives in Limassol to emphasise the tools available to companies seeking to expand into ...

The International Monetary Fund (IMF) has reported that Cyprus is expected to maintain a fiscal surplus of 2.64 per cent of GDP in 2026, while continuing a steady decline in public debt ...

Cyprus’ tourism industry is clinging to hopes that US President Donald Trump’s assurances on ending the war in Iran will soon be borne out, giving the island at least ...