Cyprus Business News

Freedom Holding Corp., the parent company of Freedom24, has announced record financial results for the fiscal year ended March 31, 2026, reporting higher revenue, a doubling of net profit and continued growth ...

Cyprus remained one of the European Union’s most foreign-dependent tourism markets in the first quarter of 2026, with overseas visitors accounting for 85.6 per cent of all tourist overnight stays, Eurostat ...

Cyprus’ economy grew by 3 per cent year-on-year in the first quarter of 2026, supported by household spending, exports and activity across key services sectors, preliminary data from the Cyprus Statistical Service (...

Retail trade turnover in Cyprus continued to rise in April 2026, with both value and volume indices recording annual increases, according to a report by the Cyprus Statistical Service (Cystat). Specifically, ...

Cyprus’ tourism revenue fell sharply in March 2026, dropping by 33.8 per cent year-on-year to €85.6 million, according to a report from the Cyprus Statistical Service (Cystat). The decline compares with €129.4m recorded ...

The Cyprus consumers association showed that consumer goods prices continued to fluctuate in the second half of May, with increases recorded across 165 products in 34 product categories. The association said that ...

The British foreign office has updated its travel advice for Cyprus, removing emergency references to regional tension that had unsettled parts of the British tourist market. The previous version of ...

Cyprus has been restored to the lowest level of US travel advice, with the state department advising American citizens to exercise normal precautions when visiting the island. According to the ...

PwC Cyprus has honoured employees who achieved top results in ACA, ACCA and university examinations, recognising their academic performance during a ceremony held at the company’s Experience Centre. The ...

Greek shipping’s global reach was brought into sharp focus at Posidonia 2026, after Nasdaq marked the opening of the international maritime exhibition in Athens with a Times Square greeting. The ...

Energy policy in Cyprus must move beyond pre-election slogans towards a coherent long-term national strategy, according to Andreas Poullikkas, professor of energy systems at Frederick University and former chairman of ...

The European Central Bank (ECB) has reported that Cyprus continues to face significant data reporting weaknesses, as it published its latest biennial statistical quality review assessing euro area member states. ...

The collapse of a building in Limassol, which claimed the lives of two people, has exposed “in the most tragic way” the serious and long-standing weaknesses in Cyprus’ framework for ...

FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge for the shipping industry, according to integrated emissions management service EmissionLink. The company made the point after completing ...

Here are the top business stories in Cyprus from the week starting May 25: The Cyprus Chamber of Commerce and Industry (Keve) has strengthened its institutional links with the real estate ...

Interior Minister Constantinos Ioannou has defended the government’s business-friendly approach to housing and development, saying the private sector is better placed than the state to deliver projects quickly and ...

The Index of Industrial Output Prices for April 2026 reached 121.7 units, marking an annual decrease of 0.2 per cent compared to the same month in the previous year. According to a report ...

Ask Wire CEO Pavlos Loizou has warned that Cyprus’ housing problem is not being driven by a lack of land, but by the failure to use existing land effectively, arguing ...

Cyprus recorded a clear improvement in its labour market during the first quarter of 2026, with the unemployment rate falling to 4 per cent compared to 5 per cent in the same period ...

The Cyprus general government recorded a fiscal surplus of €593.4 million during January-April 2026, according to preliminary data released on Friday by the Cyprus Statistical Service (Cystat). The surplus corresponded to 1.5 per ...

Paphos hotels are expected to see occupancy rates exceed 90 per cent during the Kataklysmos holiday weekend, as strong demand from Cypriot visitors gives the sector a welcome, if short-lived, boost. ...

The EU’s Competitiveness Council this week adopted conclusions on sustainable and competitive tourism, in what Deputy Tourism Minister Kostas Koumis described as a key achievement of the Cyprus Presidency ...

Interior Minister Constantinos Ioannou has defended the government’s business-friendly approach to housing and development, saying the private sector is better placed than the state to deliver projects quickly and ...

Christos Tsanos has been re-elected president of the Limassol district branch of the Cyprus Hoteliers Association (Pasyxe), as the city’s hotel industry looks to maintain stability in a period ...