Cyprus Business News

Greek companies are increasing their investments in Cyprus, drawn by its strategic location, stable economy, and access to Middle Eastern markets.   With over 1,500 Greek-affiliated companies operating in sectors such as ...

Optimism is growing about Cyprus’ potential to attract more foreign direct investment (FDI), despite a decline from an annual average of €5.7 billion between 2018 and 2021 to €4.8 billion in 2022 and €4.2 billion in 2023. ...

Cyprus’ industrial production index dropped by 4.9 per cent in November 2024, compared to the same month in 2023. Specifically, the index stood at 102.7 points, using 2021 as the base year set at 100 points, ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday hosted the plenary meeting of the International Organisation of Securities Commission’s (IOSCO) European Regional Committee (ERC) in Nicosia. The ERC ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday hosted the plenary meeting of the International Organisation of Securities Commission’s (IOSCO) European Regional Committee (ERC) in Nicosia. The ERC ...

CFA Society Cyprus and the Cyprus Compliance Association (CCA) have announced the signing of a memorandum of understanding (MoU). According to the announcement, this aims to “elevate transparency and professional ...

Logistics and tech company BOX NOW, which has set new standards in last-mile delivery across Greece, is also rapidly expanding into Cyprus. With substantial backing from Emma Capital Group, BOX ...

Affordable cities are gaining momentum in real estate as shifting work trends and rising demand reshape the market landscape, according to Ask Wire CEO and co-founder Pavlos Loizou. In a ...

Cyprus saw a substantial increase in loans in December 2024, with a rise of €503.2 million following a decrease the previous month, according to the Central Bank of Cyprus (CBC). At the ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced the launch of a new initiative to bolster the Cyprus Stock Exchange (CSE). The commission explained that the aim is ...

Cyprus’ Digital Security Authority (DSA), in collaboration with the Shipping Deputy Ministry and the Israel National Cyber Directorate (INCD), this week hosted a conference on maritime cybersecurity. Titled ‘Charting a ...

As the founder of Panis Media, a growth marketing agency dedicated to propelling startups and tech-enabled organisations to new heights, Panis blends over two decades of experience in digital marketing, ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced the launch of a new initiative to bolster the Cyprus Stock Exchange (CSE). The commission explained that the aim is ...

Tourism revenue in Cyprus increased by 7.1 per cent in the first eleven months of 2024 compared to the same period in 2023, according to the traveller survey results published on Wednesday by ...

Cyprus’ strong economic performance, including the registration of 2,300 new companies and the relocation of 12,000 employees, was emphasised by Finance Minister Makis Keravnos at an event in Athens, offering Greek businesses ...

Meet the visionaries behind Placy After my meeting with Sotiris Komodromos, it’s clear that the realm of real estate is on the brink of a tech-driven transformation. As the ...

The Bank of Cyprus has announced that Caius Capital has reduced its stake in the bank’s share capital to 4.98 per cent. The announcement was made through the Cyprus Stock ...

Abu Dhabi’s Pure Health Holding has agreed to acquire a majority stake in Hellenic Healthcare Group (HHG), valuing the healthcare provider at €2.2 billion, marking a significant expansion into Cyprus ...

The Association of Cypriot Professionals in Greece (ACPG), which aims to promote innovation and foster collaboration between the two countries, was officially launched on Wednesday. According to the announcement, this ...

Hellenic Bank is preparing to launch a new voluntary early retirement scheme aimed at reducing its workforce by a substantial number of employees, with completion targeted by the end of 2025, ...

The Contractors Council is preparing to revise its member fees in a bid to address a budget deficit that has plagued its finances, according to its president Thekla Kadi. Speaking ...

The Cyprus Property Developers Association and Interior Minister Constantinos Ioannou met this week to discuss a number of issues impacting Cyprus’ housing sector. These include delays in planning permits and ...

Hellenic Bank is preparing to launch a new voluntary early retirement scheme aimed at reducing its workforce by a substantial number of employees, with completion targeted by the end of 2025, ...

The Cyprus Composite Leading Economic Index (CCLEI), compiled by the Economics Research Centre of the University of Cyprus (CypERC), recorded a year-on-year increase of 2.3 per cent in December 2024. This marks ...