Cyprus Business News

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures ...

Eurobank announced on Thursday that it had entered into a definitive agreement to acquire an additional 80 per cent stake in Eurolife Life Insurance, strengthening its position in the insurance sector. ...

Cyprus’ inflation rate rose to 2.8 per cent in April 2026, according to figures released by the Cyprus Statistical Service (Cystat), with petroleum products and transport costs recording the sharpest increases. The ...

Two leading Cyprus-based scientists have received major recognition in artificial intelligence and cancer research, in developments highlighted by venture capital firm 33East as evidence of the country’s growing support ...

Eurobank has announced that it has financed the development of the new UNIC Athens campus, a project exceeding €65 million that marks a major international investment for Cypriot higher education and ...

TechIsland and Women in Tech Cyprus will host a full-day “STEM for All” programme at The Doers Summit 2026 in Limassol on May 21, bringing together technology leaders, policymakers and industry representatives ...

The American Chamber of Commerce in Cyprus (AmCham) this week hosted Central Bank of Cyprus (CBC) governor Christodoulos Patsalides at its latest Breakfast Series event, while also organising a farewell ...

Shipping Deputy Minister Marina Hadjimanolis departed Cyprus on Thursday for a working visit to Chios and Brussels, where she is scheduled to participate in major maritime events linked to the ...

TUS Airways on Thursday announced the arrival of a new Airbus A320 aircraft at Larnaca International Airport, further expanding the carrier’s fleet as part of its broader growth strategy ...

Cyprus has emerged as an outlier in euro area financial networks, according to a European Central Bank (ECB) working paper analysing sectoral interconnectedness across member states. The study, authored by ...

A Cyprus-based research-to-market team developing an advanced medical imaging system has outlined its progress and commercial ambitions in an exclusive interview with the Cyprus Mail. The project, known as the ...

Cyprus recorded one of the lowest shares of employment in multinational enterprise groups in 2024, highlighting its position within the broader European business landscape. According to figures from Eurostat, multinational enterprise ...

Industrial producer prices in Cyprus declined in March 2026, according to Eurostat, contrasting with strong increases across the euro area and the European Union. According to the latest figures, industrial producer ...

Hermes Airports on Wednesday reported a decline in passenger traffic alongside a stable level of air connectivity across Cyprus. The company said that April 2026 recorded a 16 per cent decrease compared ...

The National Bank of Greece (NBG) announced operating profits of €23.6 million in Cyprus for 2025, representing a 39 per cent year-on-year increase. The bank stated that it “records, for yet another year, ...

Cyprus Property Developers Association chairman Yiannis Misirlis stressed the urgent need for policy priorities to address the housing crisis during a press conference held by the association in collaboration with ...

Vassilico Cement Works Public Company Ltd announced on Wednesday that it will convene its annual general meeting on Thursday, May 28, 2026. The assembly is scheduled to take place at the registered ...

The Pancyprian Association of Animal and Meat Trade Representatives held its founding assembly at the Cyprus Chamber of Commerce and Industry (Keve) building in Nicosia on April 30, marking a significant ...

Telecommunications provider Cyta on Wednesday announced the opening of a new retail store in central Larnaca, marking its return to the city centre with a focus on enhancing customer experience. ...

Cyprus recorded a notable rise in its jobless figures in April, with registered unemployment rising by 10.4 per cent compared to the same month last year. According to a report from ...

Globalwealth Group PLC on Wednesday reported a significant net profit of €4,734,166 for the financial year ending December 31, 2025, marking a successful period of strategic transformation into a vertically integrated wealth-tech and ...

Tourist business turnover drops 50 per cent amid Middle East conflict, association says Small shopkeepers’ association Povek on Wednesday announced that tourism stakeholders have requested an urgent meeting with Deputy Tourism ...

Atlantic Insurance Company Public Limited on Wednesday confirmed that it will convene its annual general meeting on Wednesday, June 3, 2026, at 17:00. The assembly is scheduled to take place at the registered ...

The Cyprus Stock Exchange (CSE) council released the comprehensive market share figures for its members on Wednesday, detailing the trading performance and transaction values recorded throughout April 2026. The announcement provided ...