Cyprus Business News

Cyprus is ramping up efforts to boost workforce skills with a fresh wave of training programmes, set to launch in the second half of 2025. The schemes have just been approved ...

Cyprus has slipped one place in the IMD World Competitiveness Yearbook 2025, ranking 44th globally, according to the latest report published by the Switzerland-based IMD business school in Lausanne. The country ...

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity ...

The Public Debt Management Office on Wednesday announced that it accepted offers totalling a nominal value of €25 million at the 13-week Treasury Bills auction held on June 16, 2025. Total bids submitted ...

Consumer prices in Cyprus recorded a modest year-on-year increase of 0.4 per cent in May 2025, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). Specifically, the Harmonised ...

Construction material prices in Cyprus have edged up from last year, despite a monthly dip in May, according to a report from the state statistical service. Specifically, the Construction Materials ...

The Cyprus Chamber of Commerce and Industry (Keve) has issued an invitation to buyers from around the world to participate in the upcoming “Meet the Buyer” online matchmaking event, scheduled ...

Logicom has issued an announcement, under the relevant transparency requirements, related to the exercise of voting rights during its upcoming annual general meeting (AGM), due to take place on Thursday ...

The Limassol regional tourism board (Etal) this week inaugurated a new viewing in Pissouri, according to an official announcement. The board explained that the new viewing point, located in the ...

Cyprus is preparing a sweeping tax overhaul that will broaden the tax base, toughen enforcement and ease the burden on households and businesses, officials familiar with the draft legislation said. ...

Cyprus has resumed exports of pure copper cathodes (refined copper) from the Skouriotissa and Apliki mines after a five-year hiatus, the director of the mines and quarries service, Stelios Michael, ...

The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme. According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the ...

The Crete–Cyprus electricity interconnection is moving steadily forward, but only until August, according to reports that emerged on Tuesday.   Nexans, the French cable contractor, has confirmed it will continue ...

The Cyprus Stock Exchange on Tuesday announced the acceptance of new government treasury bills for trading. Specifically, 25,000 treasury bills with a nominal value of €1,000 each have been introduced to the ...

Constantinou Bros Hotels, a hotel management company that owns and operates a group of luxury hotels in Cyprus, on Tuesday issued an interim profits forewarning for the first half of 2025. ...

Cyprus experienced a surge in exports, combined with a rise in tourist arrivals, during the first four months of 2025, according to a report released on Tuesday by the state statistical ...

Tourist arrivals in Cyprus rose by 13.7 per cent in May 2025, reaching a total of 479,160, compared to 421,400 in the same month last year, according to the state statistical service. For the ...

Eurobank, Fairfax Digital Services, Voicing.AI and Pixis on Tuesday announced the launch of Europe’s first enterprise-grade agentic AI voice platform for businesses, selecting Cyprus as the location for ...

The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme. According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the ...

The Japanese shipping market is seeing a shift, with more owners recognising the role of technology in driving efficiency and sustainability, according to Limassol-based shipping company Columbia Shipmanagement (CSM). Meanwhile, ...

Cyprus and India have vowed to deepen economic ties, with president Nikos Christodoulides describing Indian Prime Minister Narendra Modi’s visit to the island as “historic,” marking a turning point ...

The total value of bounced cheques issued in May 2025 rose to €62,164, according to data released on Monday by the Central Bank of Cyprus (CBC). This marks an increase both from ...

Employment in the broad public sector in Cyprus reached 77,034 in the first quarter of 2025, according to a report released on Monday by the Cyprus Statistical Service (Cystat). Of this total, 72,072 ...

Freedom Holding Corp. on Monday reported a 23 per cent year-on-year increase in revenue for the fiscal year ending March 31, 2025, reaching $2.05 billion. The financial results, announced by the Kazakhstan-headquartered firm, reflect ...