Cyprus Business News

Famagusta is stepping up efforts to strengthen its position in key overseas tourism markets, with a major online campaign for 2026 already under way. The campaign aims to boost the region’...

The Cyprus Stock Exchange (CSE) on Monday announced that its council ratified a decision to continue the suspension of trading for shares in Mr Pengu Public Company Ltd. This move ...

Cyprus could assume a strategic role in the development of the India–Middle East–Europe Economic Corridor (IMEC), according to academic Michalis Kontos, who highlighted the island’s geopolitical position ...

The board of directors of Nicosia-headquartered agro-industrial company Astarta Holding Plc announced on Monday its formal recommendation to withhold dividend distributions from the profits generated during the 2025 financial year. This ...

K+G Complex Public Company Ltd issued an official notice on Monday, convening to its forty-sixth annual general meeting, in order to review yearly performance and secure key shareholder approvals. ...

Demetra Holdings Plc repurchased 5,980 of its own shares through the Cyprus Investment and Securities Corporation (CISCO) on May 22, marking the latest transaction in its ongoing capital management programme. According to ...

Geopolitical challenges and sectoral transformation mean that adaptability will determine the leading players in the new era of banking, according to Eurobank. This was the key message highlighted by the ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement congratulating the newly elected members of the House of Representatives. It also expressed confidence in “a productive ...

Cyprus’ short-term economic momentum weakened further in April, as the Composite Leading Economic Index (CCLEI) fell for a second consecutive month, reflecting the impact of geopolitical tensions, external pressures and ...

The blue economy will be central to Europe’s prosperity and resilience in the years ahead, according to Deputy Shipping Minister Marina Hadjimanolis. Speaking at the closing session of European ...

Banks in Greece and Cyprus are accelerating lending activity, with credit expansion expected to approach or exceed €15 billion this year, supporting both profitability and economic growth. The figures, shared by ...

Alpha Bank reported its first quarter 2026 results last week, showing solid operational performance but weaker headline profitability due to one-off costs and a softer capital position, according to analyses by ...

Here are the top business stories in Cyprus from the week starting May 18: The launch of Cyprus’ competitive electricity market represents an important modernisation step, but stronger regulatory safeguards are ...

On 19 May Cyprus approved the Development and Production Plan of the Kronos gasfield in block 6 by the ENI-TotalEnergies consortium. This focuses on a fast-track, subsea tie-back to the existing Zohr ...

Fuel prices across the European Union surged in April, with Cyprus recording one of the steepest monthly increases in diesel costs, reflecting broader energy market pressures. According to a report ...

Cyprus Airways and flydubai have announced the launch of a new interline agreement, aimed at strengthening international connectivity and offering passengers seamless access to an expanded network across the Middle ...

The Cyprus Securities and Exchange Commission (CySEC) has alerted regulated entities to strengthened anti-money laundering guidelines and new risk reports, as data from the Financial Intelligence Unit (Mokas) pointed to ...

The Cyprus Employers and Industrialists Federation (Oev) announced on Friday that it will support the Green Agenda Summit 2026 as an institutional supporter, with the event set to take place in ...

Eurozone finance ministers and central bankers on Friday said the Middle East crisis requires targeted and temporary support measures for households and businesses, warning against broad fiscal intervention as a ...

The Central Bank of Cyprus (CBC) on Friday reported that total assets of investment organisations in Cyprus rose by 3.5 per cent by the end of March 2026, exceeding €8 billion. The increase ...

Investment firm Demetra Holdings Plc on Friday announced that it acquired 6,170 of its own shares on the Cyprus Stock Exchange (CSE) on May 21, 2026, as part of its ongoing capital management ...

Google has rejected claims that it is failing to tackle fraudulent advertising on its platforms, after Cyprus and European consumer groups filed a complaint against Meta, TikTok and Google over ...

Employment in ICT-related fields across the EU increased during 2025, with Cyprus standing out for its highly educated workforce in the sector. According to Eurostat, 3.4 million people were employed in the ...

Lithuania’s Finance Minister Kristupas Vaitiekūnas said Cyprus and Lithuania can deepen cooperation, particularly in tourism and defence, while visiting Cyprus for the informal ECOFIN meeting in Nicosia on ...