#business

Tourist arrivals in Cyprus increased by 12 per cent in September 2025, reaching 570,635 visitors compared with 509,463 in the same month last year, according to a report released on Friday by the Cyprus ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday reported that the number of Management Companies and Undertakings of Collective Investments (UCIs) reached 319 during the second quarter of 2025. At the ...

The Central Bank of Cyprus (CBC) released an updated report on the country’s non-performing loans (NPLs), showing that a further decline in the NPL ratio was recorded in July. ...

President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development strategy, and upcoming ...

Top App Games, a Cyprus-based company specialising in mobile game development, has announced a special in-game collaboration between its popular strategy title, Ludus: Merge Arena and MMA fighter Alexander Volkov. ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced a further extension to its decision to prohibit Igor Gutinskiy, the sole director of the Cyprus Investment Firm (CIF) Otkritie ...

Cyprus participated in the ANUGA 2025 international food and drink exhibition, held in Cologne, Germany, from October 4 to October 8, 2025, with a national pavilion featuring more than 30 Cypriot businesses. The state participation ...

President of HOTREC and the Hellenic Chamber of Hotels Alexandros Vassilikos has emphasised the importance of adapting to modern trends while preserving authenticity. Speaking to the Cyprus News Agency (CNA) ...

Cyprus hoteliers association (Pasyxe) president on Friday Thanos Michaelides described the 91st HOTREC general assembly in Paphos, which the association is hosting, as a crucial forum. HOTREC is a forum “...

Britain’s economy returned to growth in August when it expanded by a marginal 0.1 per cent from July, official data showed on Thursday, offering a little bit of relief to ...

Cyprus and Egypt have taken a decisive step toward deepening maritime cooperation, following the first meeting of the Joint Maritime Committee (JMC) held in Limassol, October 15-16. The meeting marked ...

Cyprus spent €213.6 million on research and development (R&D) in 2023, equivalent to 0.68 per cent of GDP, according to data released by the Statistical Service (Cystat) on Thursday. This marks ...

Invest Cyprus on Thursday welcomed US-based technology company TKI to Cyprus following the merger between Hybrid ConsulTech, now renamed TKI EMEA, and TKI, a leading provider of enterprise-grade artificial intelligence ...

The Tax Department has issued a new circular clarifying when VAT should be charged on entry to concerts, performances, exhibitions and other cultural events, particularly when admission is combined with ...

Group CEO of payabl. Ugne Buraciene has been appointed as a non-executive director to the board of the CYENS Centre of Excellence, Cyprus’ leading research and innovation hub for interactive ...

Freedom Holding Corp., a global financial services and technology group and the parent company of Freedom24, is celebrating six years since its listing on the Nasdaq exchange. “Since 2019, the company ...

The average interest rates for household deposits in Cyprus remained unchanged in August, compared with the previous month, while rates for business deposits decreased, according to the Central Bank of ...

The Cyprus Land Development Corporation (Koag) has announced the launch of applications for its affordable housing scheme, covering the districts of Nicosia, Limassol, and Larnaca.  The application period began on ...

Succession remains the biggest challenge for family businesses in Cyprus and around the world, according to Renos Ioannides, managing director and head of the family business group at KPMG Cyprus. ...

The upcoming Cyprus Presidency of the Council of the European Union, set for the first half of 2026, is expected to deliver tangible benefits for the country’s hotel and tourism ...

President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development strategy, and upcoming ...

British expatriates with substantial UK pension funds face a major change in the coming years. From April 2027, UK pensions will become subject to inheritance tax (IHT), a reform that could ...

The Cyprus Union of Shipowners (CUS) has appealed to EU Member States, and in particular to the Government of the Republic of Cyprus, to vote against the proposed International Maritime ...

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have published their joint technical advice to the European Commission in response to its Call for Advice ...