Cyprus Business News

Cyprus relied on cars for 60.6 per cent of all passenger-kilometres in 2023, according to a report released this week by Eurostat. The European Union’s statistical office added that air transport ...

K+G Complex Public Company Ltd on Wednesday announced that it has approved its interim condensed consolidated financial statements for the six-month period ended June 30, 2025. The company reported a profit ...

The Cyprus Property Developers Association has welcomed the government’s revised bill for a national mechanism for screening foreign direct investment (FDI), calling it an important step towards transparency, credibility ...

Demetra Holdings Plc on Wednesday announced a new share buyback, carried out on September 16, 2025, as part of its ongoing programme authorised by shareholders earlier this year. The company said it ...

The Finance Ministry during the summer launched a public consultation on a proposed bill aimed at privatising the Cyprus Stock Exchange (CSE), which has since drawn mixed reactions from industry ...

The Cyprus Shipping Chamber (CSC) has raised concerns over a proposed bill aimed at tightening rules for sustainable fuels in the transport sector. The draft law, titled the Sustainability and ...

The Cyprus Stock Exchange (CSE) this week announced the admission of new government treasury bills of the Republic of Cyprus to its regulated market. In a statement, the CSE said ...

The Cyprus Stock Exchange has expressed concern and disappointment over the exclusion of proposals that could strengthen the capital market from the planned tax reform, calling on the government to ...

The Cyprus Property Developers Association (CPDA) has urged the government to replace the €1,000 per spouse or partner tax exemption for household green upgrades proposed in the draft tax reform with ...

The Cyprus Stock Exchange has expressed concern and disappointment over the exclusion of proposals that could strengthen the capital market from the planned tax reform, calling on the government to ...

Cyprus’ wholesale trade sector saw its turnover value rise by 4.9 per cent in the second quarter of 2025 compared to the same period last year, according to the state statistical service. ...

Building permits in Cyprus fell 14.4 per cent in May 2025, according to the Cyprus Statistical Service (Cystat), highlighting a slowdown in construction activity despite rising values and dwelling units. The number ...

Pandora Investments Public Ltd on Monday announced its interim management report for the six months ended June 30, 2025, posting a net profit of €7.23 million compared with a net loss of €1.07 million ...

Logicom Public Ltd announced this week that its board of directors will meet on September 25, 2025. The meeting will examine, among other matters, the interim unaudited financial statements of both the ...

The Cyprus Stock Exchange (CSE) announced this week the suspension of trading for the 13-week Treasury Bills, 6th Issue, Series 2025, with code TB13F25. Trading will be suspended from September 16, 2025, ...

Parliament is moving ahead with a bill to regulate remote working in the public sector, with safeguards set to be built into the new framework. The House finance committee examined ...

The Cyprus Shipping Chamber (CSC) recently held its annual charity beach volley tournament, which took place on September 6,7 and 14 at the Limassol municipality beach sports centre. Organised under the auspices ...

Eurobank Limited on Monday hosted a media gathering at its headquarters in Nicosia to provide updates on the recently completed merger between Hellenic Bank and Eurobank Cyprus. Chief executive officer ...

Employment in the broad public sector in Cyprus reached 77,314 in the second quarter of 2025, according to figures released this week by the Statistical Service (Cystat). Of the total, 72,275 people were ...

Transport Minister Alexis Vafeades on Monday stressed the need for cooperation among all stakeholders to ensure a strong, fair and sustainable shipping industry. He said that the national shipping strategy ...

The number of job vacancies in Cyprus rose by 16.5 per cent year-on-year in the second quarter of 2025, with an increase of 18.7 per cent compared to the first quarter of the ...

The hourly labour costs in Cyprus rose by 4.1 per cent in the second quarter of 2025, compared to the corresponding quarter of the previous year, according to provisional data released by ...

The House finance committee on Monday continued its article-by-article discussion of the harmonising bill establishing a national framework for screening foreign direct investments. The Finance Ministry requested more time to ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Fiduciary Association (CYFA) signed a Memorandum of Understanding (MoU) in Nicosia on Monday, setting out what CYFA called a “...