Cyprus Business News

The Central Bank of Cyprus (CBC) announced on Friday that Cyprus’ household and corporate debt levels continued to decline in the second quarter of 2025, as both sectors benefited from higher ...

Cyprus recorded a negative annual financial position of -€29.27 billion in 2024, according to the Cyprus Statistical Service (Cystat). As of December 31, 2024, total assets in financial instruments across the economy amounted ...

The Index of Industrial Output Prices in Cyprus for September 2025 reached 122.3 units, using 2021 as the base year with 100 units, according to the Statistical Service (Cystat). The index recorded a decrease ...

House energy committee chairman Kyriacos Hadjiyiannis will represent Cyprus at the Interparliamentary Conference on “Towards a Safer and More Innovative Digital Europe: Delivering on the DSA’s Promises for Citizens ...

Cyprus recorded a budget surplus of €1.17 billion, equal to 3.2 per cent of GDP, in the first nine months of 2025, according to preliminary figures released on Friday by the Cyprus Statistical ...

The gross disposable income for Cypriot households, as well as that of non-profit institutions serving households, saw an annual increase of 8.4 per cent in 2024, according to figures released on Friday ...

The European Central Bank (ECB) decided to keep its deposit rate unchanged at 2 per cent for the third consecutive meeting, a move that many economists see as confirmation of a ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that a seven-hour, subsidised training programme on the effective integration of Generative Artificial Intelligence (AI) into business processes will take ...

The Cyprus Chamber of Commerce and Industry (Keve) announced this week that it is conducting a survey into the future of digital networks and infrastructure in Cyprus. The initiative comes ...

Paphos is expected to maintain around 10,500 accommodation units in full operation between December 2025 and March 2026, despite several establishments suspending activity during the quieter winter months, according to the Paphos regional ...

Non-profit organisation Cyprus Seeds, which helps facilitate the commercialisation of scientific research projects on the island, has released a progress update on six selected teams supported by its innovation grant ...

The allure of overnight riches from lottery wins continues to captivate many in Cyprus, yet the true odds of such success are almost impossibly slim, according to the CFA Society ...

Artificial intelligence is rapidly transforming the global cyber threat landscape, with Cyprus now facing mounting risks from AI-powered DDoS attacks, according to cybersecurity company Qrator Labs’ latest quarterly report. The ...

The electricity market is experiencing its most significant transformation in decades, according to Andreas Poullikkas, an expert in energy systems and former chairman of the Cyprus Energy Regulatory Authority (CERA). “...

The Cyprus Computer Society (CCS), in collaboration with the Education Ministry, this week hosted the Junior Balkan Olympiad in Informatics (jBOI) 2025 at the Tassos Mitsopoulos Lyceum in Aradippou. The jBOI 2025, ...

Revenue from tourism in Cyprus reached €581.8 million in August 2025, according to figures released by the Cyprus Statistical Service of Cyprus (Cystat) on Thursday. This marks a 13.8 per cent increase when ...

The Nicosia regional tourism board (Etap) recently participated in the kick-off meeting for the European project “Hands Across Generations – Preserving Intangible Heritage through Intergenerational Craft Exchange”, which focuses on transferring ...

Anti-Money Laundering Authority (AMLA) chair Bruna Szego, visited Cyprus on Thursday, as part of her tour across European Union member states to enhance coordination between AMLA and National Competent Authorities (...

Cyprus’ Industrial Production Index reached 91.1 units in August 2025, using 2021 as the base year set at 100 units, according to the Statistical Service (Cystat). This represented an increase of 0.8 per cent compared ...

Telecommunications provider Cyta on Thursday announced the successful landing of the BlueMed submarine cable at its Yeroskipos landing station. This marks “another decisive step in strengthening the country’s international ...

“It’s all about the spark in their eyes”: Oleg Khusaenov, founder of investment firm Zubr Capital, on youth, business, and the Cypriot ecosystem Zubr Capital recently held its “Zubr ...

Visitor rates at leisure centres across Cyprus surpassed 80 per cent in September and October, marking a strong start to the autumn season, according to the association of hospitality sector owners (...

Cyprus’ land market continued to gain ground in the first half of 2025, with total transactions exceeding €360 million, confirming its position as one of the strongest segments of the island’s ...

Cyprus’ unemployment rate eased to 4.9 per cent in September 2025, down from 5.1 per cent in August, with around 26,000 people registered as jobless, according to Eurostat. The figure remains well below the ...