Cyprus Business News

DBRS Ratings (Morningstar DBRS) has upgraded the credit ratings of two major Greek banks, Eurobank S.A. and the National Bank of Greece, raising them from BBB (low) to BBB. ...

The fifth edition of Tech Talks, a community-driven event inspired by Google’s original Tech Talks initiative, is set to take place on Monday, May 5, at 7pm. Aimed at the ...

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 settlement on Cyprus Investment Firm (CIF) Colmex Pro Ltd for possible violations of investment services legislation. The settlement, already paid ...

Finance Minister Makis Keravnos, will travel to Warsaw on Thursday, April 10, in order to participate in the Eurogroup meeting and the informal Economic and Financial Affairs Council (Ecofin), which will ...

Eurogate Container Terminal Limassol has successfully completed the expansion and upgrade of the yard at the container terminal in the port of Limassol, increasing the facility’s total capacity to ...

Cyprus recorded a trade deficit of €1.24 billion during the first two months of 2025, marking an increase of €102.7 million compared to the same period in 2024, according to the state statistical service. ...

Six in ten young people in Cyprus see finding a job as their biggest challenge, while a quarter are worried about the country’s future and one in five say ...

Motor vehicle registrations in Cyprus dropped 4.5 per cent in the first quarter of 2025, compared to the same period last year, despite a rise in March, according to data released by ...

President Nikos Christodoulides this week met with Luke Kowalski, Senior Vice president for Corporate Affairs and Compliance at Oracle, with the meeting focusing on Cyprus’ digital transition. Specifically, the meeting ...

Cyprus has the potential to become a leading global hub for business and shipping, shipowner Polys Hajioannou said during his visit to New York for the Capital Link Cyprus Business ...

Cyprus-based startup Bolsterup, a digital platform designed to connect the construction sector, has announced the successful completion of a €500,000 funding round led by Uni.Fund. Uni.Fund a distinguished European ...

The Housing Price Index in Cyprus recorded a quarterly decline of 1 per cent in the fourth quarter of 2024, compared to the third quarter of the same year, according to a ...

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 settlement on Cyprus Investment Firm (CIF) Colmex Pro Ltd for possible violations of investment services legislation. The settlement, already paid ...

The Cyprus Stock Exchange (CSE) has announced its closure on several upcoming dates in line with public and bank holidays. Investors and market participants have been informed that the exchange ...

The recently held Capital Link Cyprus Business Forum focused on the progress, opportunities, and developments related to the Cypriot economy. The event, held at the Metropolitan Club in New York ...

Cyprus’ general government recorded a surplus of €654.2 million in the first two months of 2025. This represents 1.9 per cent of the country’s Gross Domestic Product (GDP), according to preliminary fiscal ...

The Cyprus Land Development Organisation (Koag) is preparing to start building 220 new homes by the end of the year. Most of them will be in Nicosia and Limassol and will ...

Cyprus is stepping up its push to join the Schengen zone, a development seen as critical for reinforcing the island’s appeal to investors and simplifying cross-border activity for companies. ...

Larnaca and Paphos airports handled 707,304 passengers in March 2025, marking a 5.91 per cent rise compared to the same month last year. It was the strongest performance ever recorded for the January–...

The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular addressed to all Cyprus Investment Firms (CIFs) regarding the updated procedure for reporting cross-border investment activity within the ...

Logicom Services Limited on Tuesday announced the acquisition of additional shares in Demetra Holdings Plc, further increasing its stake in the investment company. According to a document submitted to the ...

The Interior Ministry has announced that an online platform for the ‘Renovate & Rent’ scheme will go live on Wednesday, April 9 at 12:00 noon. Available at www.prositistegi.cy, the platform ...

Artificial intelligence has become an essential part of the production pipeline at Game Gears, a studio under Cyprus-based company GDEV According to CEO Alexander Vaschenko, the use of GenAI has ...

The production in the construction sector in Cyprus saw a notable increase of 3.5 per cent in 2024 compared to 2023, according to the latest data released by the state statistical service this ...