Business

Cyprus-linked shipping company Safe Bulkers, Inc. announced it has entered into an agreement for the sale of the MV Michalis H, a 2012 Chinese-built Capesize class dry-bulk vessel, at a gross ...

Fraudulent payment transactions in Cyprus surged by 30 per cent in volume and 66 per cent in value in the first half of 2025, although they remain below euro area averages in relative ...

Hotel bookings during the 3-day carnival weekend are encouraging and demand for the Green Monday holiday appears similarly strong, according to Cyprus Hotel Association (Pasyxe) director Christos Angelides. Angelides told ...

Demetra Holdings Plc purchased a total of 5,800 own shares during a series of transactions conducted on February 13, 2026. The company executed these trades through the Cyprus Investment and Securities Corporation (CISCO), ...

Road freight transport recorded an increase both within Cyprus and in traffic from and to Cyprus during the third quarter of 2025, according to the state statistical service (Cystat). Specifically, the ...

Industrial production in Cyprus declined in December 2025 compared with the previous month, even as the country maintained solid year-on-year growth, according to a report from Eurostat. According to first estimates, ...

Business registrations in Cyprus rose sharply in the fourth quarter of 2025, outpacing the overall increase recorded across the European Union, according to Eurostat. In the final quarter of 2025, registrations of ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that two investment firms have been removed from the Investors Compensation Fund (ICF). The decision concerns VM Vita Markets Ltd and ...

Eurobank S.A. has announced that it repurchased a total of 1,788,139 issued shares between February 09, 2026 and February 13, 2026 as part of its ongoing strategic buyback efforts. The bank carried out these ...

Cyprus’ market for newly built residential property exceeded €2.5 billion in 2025, with apartments accounting for more than eight in ten transactions, according to a report from Landbank Analytics. The firm, which ...

Cyprus has intensified efforts to position itself as a cycling tourism destination after the Paphos regional tourism board (Etap Paphos) hosted 12 Polish cycling clubs who explored the island’s routes ...

The Cyprus Union of Shipowners (CUS) inaugurated its new offices during a consecration ceremony attended by Shipping Deputy Minister Marina Hadjimanolis, marking a new chapter for one of the island’...

Cypriot business organisations expressed sorrow over the death of prominent entrepreneur Constantinos Shiacolas, describing him as one of the most distinguished figures in the country’s construction and investment sectors. ...

Societe Generale Bank Cyprus Ltd (SGBCy) has received two awards from major US financial institutions for two consecutive years, in recognition of high-quality performance in payments. More specifically, in 2024 J....

The principle of proportionality is among the fundamental principles of modern public law and constitutes an integral element of the control of public power. Its operation, however, is neither unlimited ...

Cyprus recorded a 5.2 per cent reduction in greenhouse gas emissions in the third quarter of 2025 compared with the second quarter of 2025, placing it among the EU countries that achieved notable ...

Cyprus enterprises remained closely aligned with the European Union average in the use of paid cloud computing services during 2025, according to Eurostat. Specifically, the figures show that 51.38 per cent of ...

Young people in Cyprus emerged as heavy users of generative artificial intelligence in 2025, with Eurostat data showing strong adoption among those aged 16 to 24 across the island. According to the data, 76.5 ...

The global tablet market continued its recovery in 2025, with shipments rising 9.8 per cent year-on-year to 162 million units, according to the latest research from Omdia. Momentum was particularly strong in the ...

The Cyprus Chamber of Commerce and Industry (Keve), in partnership with the Eratosthenes Centre of Excellence, will host a high-level forum on June 8, 2026, to explore the integration of space technology ...

In a market that is experiencing persistent weakness and diminishing momentum for legacy tokens, big investors are adjusting their positions. Ripple’s XRP, which has been synonymous with high liquidity ...

By Nicoletta Kouroushi Cyprus continues to constitute a reliable and competitive investment destination within the European Union, offering a developed legal framework, modern business infrastructure and a strategic geographical location. ...

The Cyprus Chamber of Commerce and Industry (Keve) will host a series of B2B engagements in Nicosia on March 2, as part of the India-Cyprus Business & Investment Summit 2026, in ...

Here are the top business stories in Cyprus from the week starting February 9 : Shipping Deputy Minister Marina Hadjimanolis carried out a working visit to Athens and Alexandria between February 4 and 9, ...