Cyprus Business News

Lemissoler Corporate Management Ltd. has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its innovative watertight hatch cover design for gearless bulk carrier vessels, a ...

The Association of Cyprus Banks (ACB) on Thursday announced that Panicos Nicolaou, chief executive officer at the Bank of Cyprus, has been appointed as its new president following the most ...

Seventy-four per cent of shipping companies have already aligned or plan to align with the International Maritime Organisation’s (IMO) net-zero emissions targets, according to preliminary findings presented at the ...

Demetra Holdings Plc has announced the buyback of 5,376 of its own shares through The Cyprus Investment and Securities Corporation Ltd (CISCO). This was in accordance with the relevant authorisation granted ...

The number of bounced cheques recorded in Cyprus reached 23 in September 2025, with a total value of €74,655, according to data published on Thursday by the Central Bank of Cyprus (CBC). This ...

Eurobank reaffirmed its commitment to supporting Cyprus’ new generation of entrepreneurs, standing once again beside the country’s emerging business leaders at the eighth annual “Ge’ neo Epicheirein” Young Entrepreneurship ...

Cypriot telecoms provider Cyta has won the top European award for its strategic fibre network rollout that brings high-speed internet to every corner of Cyprus. The telecommunications authority received first ...

Cyprus is pushing ahead with a new model of governance that puts people, trust and innovation at its core, Deputy Minister to the President Irene Piki said on Thursday, opening ...

Cypriot MEP Michalis Hadjipantelas’ report on simplifying the EU tax was debated in the European Parliament plenary on Wednesday, aiming to make the bloc’s tax system more competitive without ...

Cyprus recorded a sharp rise in motor vehicle registrations in September 2025, with total registrations climbing by 25.2 per cent to 5,544, compared with 4,428 in September 2024, according to data from the Statistical Service (...

Cyprus’ Ministry of Labour will roll out or announce 14 employment support grant schemes by the end of 2025, with a combined budget of €88.7 million. The schemes form part of the ministry’...

The Maritime Cyprus 2025 Conference entered its third and final day on Wednesday, concluding three days of dynamic discussion under the central theme “Unlocking the Future of Shipping.” Building on the ...

Mitsides Public Company Ltd has released its unaudited interim consolidated management report for the period ending June 30, 2025, showing a strong rise in profit after tax to €640,011 for the first half ...

The second day of the Maritime Cyprus 2025 Conference, held on Tuesday, brought together international industry leaders for discussions on insurance, ownership, and chartering trends under the theme “Unlocking the Future ...

The Cyprus Securities and Exchange Commission (CySEC) has granted Logicom Services Limited an exemption from making a public offer to Demetra Holdings Plc shareholders, the regulator announced this week. The ...

Energy Minister George Papanastasiou will be in Athens on Thursday to participate in the Cyprus–Greece Business and Investment Forum. According to a statement by the ministry, the forum is ...

The Eastern Mediterranean will host one of its most significant energy events of the year later this month, as the EMC 2025 – Eastern Mediterranean Conference and Exhibition on Energy – takes place ...

The relevant legal bills for Cyprus’ upcoming tax reform are expected to be completed within the next few days, according to Finance Minister Makis Keravnos. The bills are currently being ...

The European Union is ready to support the transformation of shipping into an industry focused on cleaner fuels, energy efficiency and innovation, European Commissioner for Fisheries and Oceans Costas Kadis, ...

Cyprus’ current account deficit narrowed to €257.3 million in Q2 2025, down from €341.7 million in the same period last year, according to provisional data from the statistics department of the Central Bank ...

Cyprus remained among the least affected EU countries by ICT security incidents, according to Eurostat data.   In 2024, only 12.91 per cent of Cypriot enterprises reported incidents resulting in consequences such as ...

Women in Tech Cyprus, together with TechIsland, will co-organise the second Women in STEM Cyprus Summit, titled “Voices of Change,” on November 21,  2025 at The Loft Bar & Restaurant (UNIC Rooftop) ...

Demetra Holdings Plc has announced the repurchase of 5,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO). The company said the buyback took place during a ...

The construction sector in Cyprus continued to expand in the second quarter of 2025, with both production and output prices recording robust annual increases, according to new data from the Cyprus ...