7 h. ago Cyprus Business Now: Fiscal Council, RIF, banks, OPAP, tourism, housing

Cyprus needs stronger coordination and closer, continuous monitoring of public projects to avoid delays and cost overruns by 2028, Fiscal Council president Michalis Persianis has warned, pointing to structural weaknesses in oversight and accountability. Speaking to the Cyprus News Agency (CNA), Persianis said that while there may be logical explanations for some projects continuing to […]

Economics

31 h. ago Cyprus Business Now: banks, tourism, housing, shipping, fast

The Bank of Cyprus (BoC) has signed a strategic partnership with Avenga for the co-development of a new digital platform leveraging Agentic AI and the full suite of Microsoft Azure AI services, marking a further step in the bank’s long-term digital transformation journey. The initiative forms part of the bank’s multi-year cloud strategy, developed in […]

Economics

55 h. ago Cyprus Business Now: Keve, trips abroad, gaming, banks, AI, payment fraud

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday welcomed the signing of a new strategic agreement between Cyprus and France. In its announcement, the chamber said that the agreement “upgrades bilateral cooperation and creates tangible prospects for the Cypriot economy and business ecosystem” at a time of heightened regional and economic challenges. The […]

Economics

3 d. ago Sustainability must shape every business function, says Eurobank

Eurobank highlighted the importance of embedding environmental, social and governance (ESG) principles into core business strategy rather than treating them as a communications exercise, during its participation in the 4th Cyprus ESG Forum. The aim, according to the bank, is to promote accountability and sustainable practices across the business community. The forum, held in Nicosia […]

Economics

3 d. ago Cyprus sees nearly 279,000 business arrivals — Greece, UK, Israel dominate

Cypriots made more than 237,000 trips abroad for business purposes in 2024, while Cyprus itself recorded close to 279,000 business-related arrivals by foreign visitors over the same period, according to the Cyprus Statistical Service (Cystat). The data shows that business travel in both 2023 and 2024 remained broadly stable and at higher levels than earlier […]

Politics

3 d. ago Cyprus Business Now: shipping, Eurobank, port, Curium Palace, Vietnam treaty

Cyprus and Vietnam further strengthened their bilateral ties on Wednesday with the signing of a double tax treaty. The agreement, signed at the finance ministry in Nicosia, aims to boost economic cooperation and prevent tax evasion on income taxes. The agreement was signed by Finance Minister Makis Keravnos and Vietnam’s Deputy Minister of Finance Cao […]

Economics

3 d. ago Cyprus and Vietnam sign deal to cut tax barriers and boost business

Cyprus and Vietnam sign deal to cut tax barriers and boost business  Kathimerini

Economics

4 d. ago UAE, Cyprus strengthen trade, investment relations; agree to establish business council

UAE, Cyprus strengthen trade, investment relations; agree to establish business council  ZAWYA

Economics

5 d. ago UAE And Cyprus Deepen Economic Cooperation With The Formation Of A New Business Council To Expand Strategic Investments And Business Opportunities

UAE And Cyprus Deepen Economic Cooperation With The Formation Of A New Business Council To Expand Strategic Investments And Business Opportunities  Travel And Tour World

Economics

5 d. ago UAE, Cyprus strengthen trade ties; agree to establish business council

UAE, Cyprus strengthen trade ties; agree to establish business council  Gulf Today

Politics

6 d. ago Cyprus Business Now: EIB survey, AI adoption, Keve, unemployment, Eurogroup, PwC

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey for Cyprus. The survey found that investment activity in Cyprus remains strong, with almost all businesses making investments, primarily focusing on innovation, even though the […]

Politics

6 d. ago Cyprus business investment activity remains strong, EIB survey finds

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey for Cyprus. The survey found that investment activity in Cyprus remains strong, with almost all businesses making investments, primarily focusing on innovation, even though the […]

Economics

7 d. ago Cyprus Business Now: AI, tourism, housing, banks, shipping, employment

Cyprus can secure a leading role in the next era of smart and sustainable tourism if it embraces Artificial Intelligence (AI) with urgency and strategic clarity, Deputy Minister for Research, Innovation and Digital Policy Nicodemos Damianou said on Wednesday, addressing a joint government conference on AI and tourism. Damianou opened his remarks by congratulating Deputy […]

Economics

7 d. ago Evagoras Vryonides: Cyprus has already established itself as a leading centre for international business, including for Indian entrepreneurs

Evagoras Vryonides: Cyprus has already established itself as a leading centre for international business, including for Indian entrepreneurs  cbn.com.cy

Politics

9 d. ago Cyprus Business Now: tourism, ports, affordable houses, Keve, digital euro

A total of 500 new housing units for rent or sale will be created in Nicosia, Larnaca, Limassol and Paphos, President Nikos Christodoulides said on Tuesday. “This is an important measure that will help to ease the pressure caused by rising housing demand and will significantly contribute to reducing housing costs. It is a plan long […]

Society

1 week ago Cyprus businesses urge government to accelerate modernisation

Cyprus’ business community urged the government this week to accelerate economic modernisation, as the Cyprus chamber of commerce and industry (Keve) outlined a wide set of proposals at its 98th annual General Assembly, attended by President Nikos Christodoulides. Keve’s president Stavros Stavrou said Cyprus is navigating “a period of intense upheaval”, referring to the war […]

Politics

1 week ago President outlines economic and international priorities at Keve assembly

President Nikos Christodoulides spoke on Monday at the annual general assembly of the chamber of commerce and industry (Keve), emphasising the government’s economic and international policy agenda. He highlighted measures aimed at boosting business competitiveness, promoting investment, and enhancing Cyprus’ role within the European Union. Addressing business leaders and members of the cabinet, the president […]

Politics

1 week ago Cyprus Business Council For UAE holds first Annual General Meeting in Dubai

Cyprus Business Council For UAE holds first Annual General Meeting in Dubai  ZAWYA

Politics

1 week ago Cyprus Business Now: fiscal, ICT, industrial turnover, employment, businesses

Cyprus’ government posted a €1.119 billion surplus for the January–October 2025 period, equivalent to 3.1 per cent of GDP, according to preliminary figures from the Statistical Service (Cystat). This compares with a €1.3209bn surplus, or 3.8 per cent of GDP, during the same period of 2024. Cyprus called for sustainable, realistic and broadly supported global […]

Politics

2 w. ago Cyprus businesses outperform EU as bloc’s profit share falls to 40%

The profit share of non-financial corporations in Cyprus reached 42.9 per cent in 2024, standing above the EU average of 40.1 per cent, according to Eurostat data published on Friday. Across the bloc, the profit share, the percentage of value added that remunerates capital rather than labour, declined by 1.6 percentage points from the previous […]

Economics