12 h. ago Research and innovation have become central to Cyprus economy, says RIF

Research and innovation are now central to Cyprus’ economic model, with the country’s ecosystem markedly strengthened over the past two years, according to the Chief Scientist and chairman of the Research and Innovation Foundation (RIF), Demetris Skourides. Speaking during a briefing with media representatives in Nicosia this week, Skourides said the progress reflected “measurable excellence” […]

Politics

36 h. ago Cyprus economy continues to grow — tourism and construction key contributors

Cyprus’ economy showed broad-based growth across industry, construction, trade and tourism in the first ten months of 2025, according to the statistical service (Cystat), reflecting continued economic momentum amid external uncertainty. The statistical service on Wednesday released its bimonthly Monthly Economic Developments bulletin, covering the period from January to October 2025, with the aim of […]

Politics

6 d. ago Cyprus focused on strong economy amid global uncertainty, says Piki

Cyprus’ government is focused on maintaining a strong and resilient economy as the basis on which businesses can plan, invest and grow with certainty, according to Deputy Minister to the President Irene Piki. Speaking at the 12th Keve Business Leader Awards on behalf of President Nikos Christodoulides, Piki said that in an environment marked by […]

Politics

2 w. ago Dubai Chamber of Commerce launches Cyprus Business Council to boost bilateral trade

Dubai Chamber of Commerce launches Cyprus Business Council to boost bilateral trade  Economy Middle East

Politics

2 w. ago ‘Foreign investment reflects global confidence in Cyprus banks’

Foreign investment in Cyprus banks confirms global confidence in the island’s banking system and, by extension, in the dynamics and stability of the Cypriot economy, governor of the Central Bank of Cyprus Christodoulos Patsalides said on Sunday. As some of the largest Cyprus banks have to an extent transferred into Greek hands, while rumours see […]

Economics

3 w. ago Fitch lifts Bank of Cyprus rating, citing stronger economy and cleaner balance sheet

Fitch lifts Bank of Cyprus rating, citing stronger economy and cleaner balance sheet  Kathimerini

Economics

3 w. ago Fitch upgrades Cyprus economy prospect to positive, government says more to come

Fitch upgrades Cyprus economy prospect to positive, government says more to come  Philenews

Politics

3 w. ago Cyprus Business Now: president, Cyprus startups, travel stats, new ministry

Cyprus business & economy wrap-up from the day before President Nikos Christodoulides on Friday addressed the BusinessEurope Council of Presidents in Nicosia, stressing that the Cyprus Presidency of the Council of the EU, commencing in January 2026, will be guided by the imperative to deliver a stronger, more resilient, and more competitive union. Ahead of […]

Politics

3 w. ago Investment group calls for new ministry to boost Cyprus economy

The association of large investment projects renewed its call this week for a new deputy ministry focused on development and competitiveness. Addressing president Nikos Christodoulides, association president Andreas Demetriades said that Cyprus needs a coherent national strategy built around “healthy and sustainable development” and clear incentives. Speaking at the association’s general assembly, he noted that […]

Economics

4 w. ago Cyprus Business Now: Keravnos, China ties, Qatar mission, BoC, shipping, tourism

Finance Minister Makis Keravnos has welcomed the European Commission’s autumn 2025 economic forecast, saying that the findings confirm the economy’s “steady progress, resilience and dynamics” despite geopolitical pressures. In a written statement, he said it was “particularly encouraging” that Brussels now expects Cyprus’ economy to grow by 3.4 per cent in 2025, revising its projection upward by 0.4 percentage points from […]

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