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Cyprus Business News
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Cyprus remained one of the European Union’s most foreign-dependent tourism markets in the first quarter of 2026, with overseas visitors accounting for 85.6 per cent of all tourist overnight stays,…
June 2, 2026
· 3 min read
Cyprus’ economy grew by 3 per cent year-on-year in the first quarter of 2026, supported by household spending, exports and activity across key services sectors, preliminary data from the Cyprus…
June 2, 2026
· 2 min read
Retail trade turnover in Cyprus continued to rise in April 2026, with both value and volume indices recording annual increases, according to a report by the Cyprus Statistical Service (Cystat).…
June 2, 2026
· 4 min read
Banking and Finance
The Bank of Cyprus Public Company Limited has decided to exercise its legal right for the early redemption of its outstanding senior preferred notes totalling €300 million. The parent entity,…
May 26, 2026
· 2 min read
Business
Cypriots have strong entrepreneurial perceptions and intentions but have to contend with structural challenges which ultimately limit the creation of new businesses, according to the 9th national entrepreneurship report for…
May 26, 2026
· 3 min read
Business
Petrolina Holdings Public Limited has announced that it will convene its annual general meeting on June 18, 2026, where it will review its yearly performance and secure critical shareholder approvals.…
May 26, 2026
· 4 min read
Artificial Intelligence
The American Chamber of Commerce in Cyprus (AmCham Cyprus) held its Executive Forum 2026 on Monday, focusing on how artificial intelligence is reshaping competitiveness and regulation, bringing together government officials,…
May 25, 2026
· 3 min read
Banking and Finance
The Central Bank of Cyprus (CBC) hosted a high-level joint visit from top European financial regulators on May 22, 2026, to reinforce the island’s active involvement in continental banking mechanisms.…
May 25, 2026
· 1 min read
Business
The Ministry of Commerce on Monday announced that Cyprus made its debut with an information kiosk at the international TUTTOFOOD exhibition in Milan, aiming to boost the global visibility of…
May 25, 2026
· 2 min read
Business
Famagusta is stepping up efforts to strengthen its position in key overseas tourism markets, with a major online campaign for 2026 already under way. The campaign aims to boost the…
May 25, 2026
· 2 min read
Business
The Cyprus Stock Exchange (CSE) on Monday announced that its council ratified a decision to continue the suspension of trading for shares in Mr Pengu Public Company Ltd. This move…
May 25, 2026
· 2 min read
Business
Cyprus could assume a strategic role in the development of the India–Middle East–Europe Economic Corridor (IMEC), according to academic Michalis Kontos, who highlighted the island’s geopolitical position and EU membership…
May 25, 2026
· 3 min read
Business
The board of directors of Nicosia-headquartered agro-industrial company Astarta Holding Plc announced on Monday its formal recommendation to withhold dividend distributions from the profits generated during the 2025 financial year.…
May 25, 2026
· 1 min read
Business
K+G Complex Public Company Ltd issued an official notice on Monday, convening to its forty-sixth annual general meeting, in order to review yearly performance and secure key shareholder approvals. The…
May 25, 2026
· 2 min read
Business
Demetra Holdings Plc repurchased 5,980 of its own shares through the Cyprus Investment and Securities Corporation (CISCO) on May 22, marking the latest transaction in its ongoing capital management programme.…
May 25, 2026
· 1 min read
Geopolitical challenges and sectoral transformation mean that adaptability will determine the leading players in the new era of banking, according to Eurobank. This was the key message highlighted by the…
May 25, 2026
· 3 min read
Business
The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement congratulating the newly elected members of the House of Representatives. It also expressed confidence in “a productive…
May 25, 2026
· 2 min read
Business
Cyprus’ short-term economic momentum weakened further in April, as the Composite Leading Economic Index (CCLEI) fell for a second consecutive month, reflecting the impact of geopolitical tensions, external pressures and weaker tourism…
May 25, 2026
· 2 min read
Banking and Finance
Banks in Greece and Cyprus are accelerating lending activity, with credit expansion expected to approach or exceed €15 billion this year, supporting both profitability and economic growth. The figures, shared…
May 25, 2026
· 4 min read
Banking and Finance
Alpha Bank reported its first quarter 2026 results last week, showing solid operational performance but weaker headline profitability due to one-off costs and a softer capital position, according to analyses…
May 25, 2026
· 5 min read
Business
Here are the top business stories in Cyprus from the week starting May 18: The launch of Cyprus’ competitive electricity market represents an important modernisation step, but stronger regulatory safeguards…
May 24, 2026
· 27 min read
