Cyprus Business News

Cyprus ranked 11th in the European Union in 2025 for GDP per capita in purchasing power parity, sharing the position with France at 98 per cent of the EU average, according to ...

The government on Thursday announced a package of eight measures which it hopes will help combat rising costs after four weeks of war in the Middle East. Firstly, the reduced ...

European financial technology provider payabl. announced on Thursday the launch of Tap to pay, a new solution enabling businesses to accept contactless payments directly via smartphones without dedicated hardware. According ...

Businesses are struggling to bridge a massive “execution gap” as they race to integrate artificial intelligence into the workplace, according to a new report from Deloitte. The above insight was ...

A bill submitted by the deputy ministry of tourism to parliament seeks to regulate recreational diving services in Cyprus, introducing a licensing framework for all providers and setting out safety, ...

For Lidl Cyprus, sustainability is not some parallel initiative – rather, it’s a consistent mode of operating that covers the entire value chain. This philosophy is underscored in the 2024 Sustainability ...

Nicosia-based publisher Digital Vortex Entertainment, part of Utmost Games, announced on Wednesday a collaboration with indie developer Firevolt on the upcoming game Salvation Denied. The title has been described as ...

The Cyprus Chamber of Commerce and Industry (Keve) will host its second annual summit titled Private Clients in the Changing World Where East Meets West at the Four Seasons Hotel ...

ASBISc Enterprises Plc this week announced its estimated consolidated revenues for February 2026, reporting a sharp year-on-year increase. The Cyprus-based IT distributor, widely known as Asbis, stated that estimated revenues reached ...

Immediate relief measures can still be taken to cushion the expected rise in energy costs, scientific and technical chamber (Etek) president Constantinos Constanti said in a written statement, while warning ...

The Cyprus Tour Guides Association will stage a protest demonstration outside the Deputy Ministry of Tourism at 11.00 on Friday. According to an official announcement, the mobilisation has been organised due ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) recently held its annual mentor programme training session, led by trainer Marilena Shakalli Maroudia. According to ICPAC, the programme, which was ...

Demetra Holdings on Tuesday announced yet another buyback of its own shares following a transaction executed the previous day. Specifically, the firm moved forward with the purchase of 8,300 own shares ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the completion of a mission to promote Cypriot universities in Greece, after organising a series of education fairs across ...

Cyprus used the Women Who Built Europe Summit in Brussels to emphasise stronger female participation in research and innovation programmes and the example set by 35 Cypriot women across government, business ...

Eurobank reaffirmed its strategic commitment to the shipping sector by participating as a platinum sponsor at the 2026 keynote annual event of the Propeller Club of the United States – Port of ...

The Bank of Cyprus (BoC) on Tuesday announced a support package aimed at assisting livestock farmers affected by foot and mouth disease, alongside other impacted businesses and individuals. The bank ...

The Propeller Club of the United States, Port of Limassol, brought global thought leader Amin Toufani to Cyprus for its 2026 keynote annual event, as more than 200 members and guests gathered ...

Cyprus banking sector mirrors EU strength despite pressures The European Banking Authority (EBA) has said that the EU and EEA banking sector remains resilient, even as geopolitical uncertainty intensifies following ...

Government foreclosure bills were sent back to the Finance Ministry after gaps were identified during a discussion at the House Finance Committee. The issues raised focused primarily on procedural deadlines ...

A legislative proposal submitted by Disy and Diko aimed at providing transitional relief for legacy stock option schemes was discussed before the House Finance Committee this week. The proposal focuses ...

The Treasury has announced that the state budget deficit for 2025 reached €1.79 billion, according to its official fiscal report released this week. The fiscal report for 2025 serves as a comprehensive review ...

Eurobank has announced that it has extended the deadline for applications to its voluntary exit scheme until Friday, March 28, 2026, following its initial launch on March 9, 2026. The bank had originally set ...

Cyprus hoteliers in Ayia Napa, Protaras and Larnaca are warning of a sharp slowdown in bookings ahead of the new tourism season, as the war in the Middle East continues ...