Cyprus Business News

“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 ...

The Troodos tourism development and promotion company on Thursday launched the Troodos Geopark Partner programme. This new initiative aims to promote the region’s tourism product and cultural heritage by ...

More than 200 complaints have now been filed against the Limassol-based travel agency Efi Strakottou Travel and Tours Ltd, bringing to light the issue of consumer protection and compensation for travellers ...

Limassol port operator DP World Limassol on Thursday reaffirmed its ongoing commitment to supporting women’s health and raising awareness about breast cancer prevention and early detection through a donation ...

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 Cyprus Securities and Exchange Commission (CySEC) has marked its participation in World Investor Week with a series of targeted information and education initiatives focusing on the challenges of today’...

Energy Minister George Papanastasiou has said that the ministry is working to address the challenges facing the Ayios Athanasios industrial area, stressing that the priority is to secure its steady ...

The Cyprus Securities and Exchange Commission (CySEC) announced this week that it has discovered certain individuals unlawfully using the personal information of people listed in the Certification Registers or in ...

Average monthly earnings in Cyprus continued to rise during the second quarter of 2025, with gross salaries increasing by 4.2 per cent compared to the same period last year, according to provisional ...

Euphyia-Tech has announced a strategic collaboration with EasyLiving to evaluate and enhance the smart readiness, energy performance, and sustainability features of EasyLiving’s residential buildings in line with evolving European ...

Cypriot food manufacturer Mitsides Public Company Ltd has announced that its board of directors will meet on Thursday, November 6, 2025. “The board will examine, among others, the progress of the group’...

Finance Minister Makis Keravnos on Wednesday announced the extension of the zero VAT rate on certain basic goods until December 2026, following a Cabinet meeting that approved a related proposal. The ...

Demetra Holdings Plc has repurchased 7,700 of its own shares at a price of 1.635 cents, the company announced on Wednesday. The buyback was carried out through the Cyprus Investment and Securities ...

Cypriot real estate analytics firm Ask Wire is accelerating its growth with the help of two grants from the Research and Innovation Foundation of Cyprus (RIF), the company said on ...

Cyprus recorded one of the largest decreases in household electricity prices across the European Union in the first half of 2025, with costs falling by 9.5 per cent compared with the same ...

Average monthly earnings in Cyprus continued to rise during the second quarter of 2025, with gross salaries increasing by 4.2 per cent compared to the same period last year, according to provisional ...

Cyprus is gearing up for another strong tourism year, setting out a €74.6 million budget for 2026 that puts sustainability and year-round growth at the heart of government policy. Presenting the figures ...

Cyprus’ long-standing ambition to transform into a year-round tourist destination is gradually taking shape, with recent developments indicating growing momentum as hotel operators and tourism authorities align behind a shared ...

Bank of America (BofA) Securities confirmed its positive stance on the Greek banking sector this week, stating the banks are undergoing a transitional period as markets focus on the trough ...

Foreign-controlled companies were responsible for the majority of Cyprus’ service exports to countries outside the European Union in 2023, according to new Eurostat data on services trade by enterprise characteristics (STEC). ...

Cyprus’ property market has entered 2025 with renewed confidence and a sense of maturity. What began as a post-pandemic recovery has evolved into a steady, data-driven expansion fuelled by foreign investment, ...