Cyprus Business News

By Pavlos Loizou, CEO Ask Wire  Walk through the centre of Nicosia, Limassol, or Larnaca and the pattern becomes impossible to ignore. Vacant plots sitting idle for decades. Buildings — put ...

Here are the top business stories in Cyprus from the week starting April 14: Cyprus remains the top global location for hiring in the online trading sector during the second quarter ...

Cyprus recorded an employment rate of 81.3 per cent in 2025, placing it well above the EU average of 76.1 per cent, according to a report from Eurostat released on Friday. The figures ...

The Central Bank of Cyprus (CBC) on Friday announced the issuance of a €2 commemorative coin marking the Republic of Cyprus’ assumption of the Presidency of the Council of the European ...

Demetra Holdings Plc on Friday announced that it completed a share buyback on April 16, acquiring 6,400 of its own shares during the daily session. The transaction was carried out by Demetra ...

Petrolina (Holdings) Public Ltd on Friday announced that its board of directors will convene on April 29, 2026, to review financial results and consider a potential dividend. The meeting will take place ...

The Cyprus Stock Exchange (CSE) has announced that it will extend the suspension of trading for four companies listed on the Emerging Companies Market starting from April 20, 2026. This decision affects ...

The Central Bank of Cyprus (CBC) on Friday announced that the non-performing loans ratio of the Cypriot banking sector remained unchanged at 1.6 per cent as of January 31, 2026. The figure was ...

Safe Bulkers has expanded its board to 11 members from nine, appointing Jeffrey Bunzel and Vasilis Hajioannou with immediate effect, as the New York-listed dry bulk shipowner moves to strengthen both ...

Eurostat on Friday reported a decline in the euro area’s trade surplus for February, while earlier data released this month by Cyprus’ statistical service pointed to a widening trade ...

EU tourism ministers gathered in Nicosia on Friday for an informal meeting under the Cyprus Presidency of the Council of the EU, with talks focusing on the bloc’s first ...

Cyprus recorded an employment rate of 81.3 per cent in 2025, placing it well above the EU average of 76.1 per cent, according to a report from Eurostat released on Friday. The figures ...

Tourist arrivals to Cyprus fell to 139,198 in March 2026, down 30.7 per cent from 200,736 in the same month last year, according to the state statistical service (Cystat). For the first three months ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday released a statement highlighting the importance of the Cyprus Market Access Day (MAD) 2026 in strengthening the internationalisation of Cypriot enterprises ...

Hybrid cars made up more than half of Cyprus’ passenger saloon car market in the first quarter of 2026, tightening their lead as petrol cars continued to lose ground, while electric ...

Pressures facing the transport sector, particularly rising costs linked to the crisis in the Middle East, require a coordinated response at EU level, according to Transport Minister Alexis Vafeades. Welcoming ...

Mark O’Neil has left his role as president and chief executive of Cyprus-headquartered Columbia Group with immediate effect, according to a report by TradeWinds, with no reason given for ...

Cyprus and Greece will renew and expand their cooperation in foreign investment through the signing of a strategic memorandum of cooperation between Invest Cyprus and Enterprise Greece in Athens. The ...

The Wedding Travel Company, the UK’s largest independent destination wedding company, recently issued an announcement reassuring couples that Cyprus remains a safe destination for weddings despite regional concerns. The ...

Trade Minister Michael Damianos on Thursday said that Cyprus is open for business as a stable, predictable and secure investment destination. Addressing the audience at the opening of the international ...

Limassol regional tourism board (Etap) prsident Andreas Tsouloftas has highlighted the need for targeted interventions to strengthen the tourism sector and support the local economy. In meetings with hoteliers and ...

Freedom Holding Corp. has announced the acquisition of ChessBase, a global leader in chess software, data and analytics, as part of its strategy to expand its technology-driven ecosystem. The deal ...

Trade Minister Michael Damianos on Thursday said that Cyprus is open for business as a stable, predictable and secure investment destination. Addressing the Great Britain Cyprus Business Association (GBCY) investment ...

Cyprus’ Chief Scientist Demetris Skourides was recognised among the “Top 50 What’s Next Champion” thought leaders at GITEX ASIA 2026 in Singapore, where he contributed to high-level discussions on ethical artificial ...