Cyprus Business News

The Cabinet on Wednesday approved new employment schemes aimed at strengthening the labour market and supporting citizens who remain outside the productive process. It was further announced that the schemes ...

The number of registered unemployed persons in Cyprus stood at 11,556 at the end of August 2025, according to data released on Wednesday by the Statistical Service (Cystat).  On a seasonally adjusted ...

Revenue from tourism in Cyprus rose by 9.6 per cent in June 2025, reaching €422.3 million compared with €385.2 million in the same month last year, according to the state statistical service (Cystat).  For ...

The Cyprus Stock Exchange (CSE) on Wednesday confirmed the suspension of trading in the shares of Louis Plc on the regulated market. According to the announcement, the decision was taken ...

The Cyprus Stock Exchange (CSE) on Wednesday released the members’ market shares for August 2025 and confirmed the suspension of trading for several listed companies on both the regulated and new ...

Cyprus will introduce financial literacy in primary schools from September 2025, using a children’s fairy tale to teach sixth graders the basics of money management.  The book, ‘70 Interest and a ...

Cyprus-based Columbia Group has launched a joint venture in Egypt with Pan Marine Shipping Services, opening an official office to expand shipmanagement, training and energy solutions in a key maritime ...

Pandora Investments Public Ltd on Wednesday announced that its board of directors will convene on Monday, September 15, 2025. The meeting will focus on examining, among other matters, the six-month unaudited financial ...

Demetra Holdings Plc on Wednesday announced a further repurchase of its own shares, carried out on September 2, 2025, in accordance with shareholder approval granted at the company’s annual general meeting ...

Cyprus’ property market kept its upward course in the first eight months of 2025, with sales documents climbing 13 per cent year-on-year despite a marginal dip in August.  According to the Department ...

Bank employees’ union Etyk has issued a circular addressing growing speculation surrounding a potential takeover of the Cyprus Development Bank (CDB bank), stressing that it is monitoring developments closely. Etyk ...

Trade disruptions, inflation and geopolitical tensions are restricting global business prospects, according to a new survey of local chambers of commerce in more than 100 countries conducted by the International Chamber ...

Cyprus is moving ahead with plans to establish a national mechanism for screening foreign direct investment (FDI), with the revised bill gaining broad support in a meeting by the House ...

The Cyprus Chamber of Commerce and Industry (Keve), as coordinator of the Enterprise Europe Network Cyprus, announced that the Research and Innovation Foundation (RIF) is offering significant funding opportunities for ...

The summer of 2025 left the dry bulk freight market moving at two speeds, with large Capesize vessels again weighed down by volatility while Panamax, Supramax and Handysize ships closed August ...

Inflation in Cyprus is estimated to have fallen slightly in August 2025, with the annual rate expected at -0.1 per cent, Eurostat reported on Tuesday. At the same time, the monthly ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Employers and Industrialists Federation (Oev) have found common ground with Tax Commissioner Soteris Markides on aspects of the proposed tax ...

Cyprus’ overdue tax debts rose to €4.05 billion in the first quarter of 2025, nearly €1 billion higher than the same period of 2024, according to the quarterly progress report submitted by the Tax ...

Ermes Department Stores Plc has completed the transfer of its ERA department store operations to Nicosia-based Gencom Ltd for a nominal sum of €1, the company confirmed following its May 9 announcement.  ...

The Bank of Cyprus Holdings Plc has announced the appointment of a new member to its board of directors. The announcement was published on September 1, 2025, through the Cyprus Stock Exchange. ...

Demetra Holdings Plc has initiated and executed share buybacks following shareholder approval at its annual general meeting in June, with transactions carried out through the Cyprus Investment and Securities Corporation (...

Cyprus is moving ahead with plans to establish a national mechanism for screening foreign direct investment (FDI), with the revised bill gaining broad support in a meeting by the House ...

Cyprus’ economy recorded solid growth in the second quarter of 2025, according to a report released this week by the state statistical service. In real terms and adjusted for seasonality, Cyprus’ ...

Retail trade in Cyprus recorded solid growth in July 2025, with the Retail Trade Turnover Value Index rising by 5.2 per cent compared with July 2024. The Retail Trade Turnover Volume Index showed ...