Cyprus Business News

Air transport prices in Cyprus fell in June while average air fares across the European Union continued to rise, according to figures released by Eurostat this week. The EU statistical ...

By Theodoros Loukaidis, Director General of the Cyprus Research and Innovation Foundation We often speak about young people as the leaders of tomorrow. Truth is, many of them are already ...

Cyprus implemented 25 per cent of its 2026 development budget during the first half of the year, maintaining the same pace as in the corresponding period of 2025 and running above the 22 per ...

The European Central Bank (ECB) left its key interest rates unchanged earlier this week, with Central Bank of Cyprus (CBC) governor Christodoulos Patsalides warning on Friday that the broader effects ...

The Central Bank of Cyprus (CBC) on Friday called on citizens to take part in a Europe-wide survey launched by the European Central Bank (ECB), inviting the public to help ...

A major international crackdown on botnet infrastructure has failed to reduce cyber risks facing businesses in Cyprus, according to new data released by cybersecurity company Qrator Labs for the second ...

Cyprus had one of the lowest levels of precision farming adoption in the EU in 2023, with only about 1 per cent of farms using such technology, according toa report from Eurostat. ...

The anticipated IPOs of Anthropic and OpenAI could be among the most consequential market events of a generation by setting a benchmark valuation for AI-native firms. Alexey Garyunov, general partner ...

Demetra Holdings Plc on Friday announced to investors that it purchased more of its own shares during the trading session on July 23, 2026. The share repurchase was executed through the Cyprus ...

Trade unions representing hotel and leisure-centre workers in Cyprus have called for immediate workplace inspections, warning that the use of temporary workers supplied on a “rental” basis is rising sharply ...

Cyprus wants to become a trusted regional artificial intelligence hub in the Eastern Mediterranean, using technology to improve people’s lives and strengthen the economy without allowing it to weaken ...

TechIsland has presented the first-year results of its €2 million Wildfire Initiative, showing how an emergency appeal launched after the devastating fires of 2025 has developed into a long-term programme spanning prevention, ...

Cyprus-based mobile game developer Top App Games Ltd announced on Thursday that its strategy RPG Ludus: Merge Arena has passed $50 million in net revenue since launch, with $66 million in gross ...

Cyprus remained below the European Union average for renewable energy use in 2025, with renewables accounting for 21.5 per cent of the island’s gross final energy consumption, according to Eurostat. The ...

Cyprus is seeking to deepen cooperation on artificial intelligence, cybersecurity and digital resilience, following a working meeting between Communications Commissioner Marios Pieris and Chief Scientist for Research, Innovation and Technology ...

The European Central Bank (ECB) reported this week that non-cash payments across the euro area continued to expand during the second half of 2025, while Cyprus emerged as the bloc’s ...

Unigrowth Investments Public Ltd on Thursday issued a profit warning for its unaudited half-year results for the period from January 1, 2026 to June 30, 2026. The company said that, based on the indications ...

Cyprus’ heavy dependence on road transport, above-average traffic congestion and strong road safety performance were among the findings highlighted in a new European Commission report published this week examining transport ...

TechIsland has presented the first-year results of its €2 million Wildfire Initiative, showing how an emergency appeal launched after the devastating fires of 2025 has developed into a long-term programme spanning prevention, ...

SafeIsland CY, a new free mobile app for iOS and Android, is now available to the public, helping people in Cyprus report wildfire signs, receive nearby alerts and access key ...

A satellite-based system using machine learning to detect wildfires across Cyprus 24 hours a day has been presented in Limassol, seeking to give first responders earlier and more reliable warnings of ...

Forty-five communities across Cyprus will receive small fire engines at no cost, after TechIsland committed €450,000 to cover the share not financed by the government, Interior Minister Constantinos Ioannou said on ...

Vassiliko Cement Works Public Company Ltd announced on Thursday that its financial results for the first half of 2026 are projected to show an improvement compared to the corresponding period in ...

Morgan Stanley expects the Greek banking sector to enter earnings season with higher profit forecasts, robust credit growth and a string of second-quarter upside surprises. In its report, the findings ...