Total employment in Cyprus increased by 1.7 per cent year-on-year during the second quarter of 2026, reaching an estimated 525,167 people, according to the state statistical service (Cystat). The data …
Cyprus business development organisation law: new funding opportunities for SMEs
By Ramona Livera and Alexandra de Gouveia In July 2026, the Cyprus Business Development Organisation Law 2026 (Law 124(I)/2026) was enacted, providing for the establishment and operation of the Cyprus …
Cyprus Business Now: startups, retail, Keravnos, Geely, AI strategy, BoC, CSE
Cyprus-based venture capital firm 33East has invested in Piney, a Cyprus-founded property operations startup that has raised €1.6 million as it expands from Europe into the United States. 33East said …
Keravnos hits back at claims of Cyprus business exodus
Cyprus has seen no evidence that large companies are leaving because of the global minimum tax, Finance Minister Makis Keravnos said this week, dismissing reports of an impending corporate exodus as …
33East backs Cyprus-founded Piney as startup expands to US market
Cyprus-based venture capital firm 33East has invested in Piney, a Cyprus-founded property operations startup that has raised €1.6 million as it expands from Europe into the United States. 33East said …
Cyprus Business Now: Schengen, banks, Jumbo, property, inflation
Cyprus borrowing rates were broadly in line with the euro area median in July, while deposit rates remained the lowest in the euro area, according to the Central Bank of Cyprus (CBC). The central bank …
Larnaca leads Cyprus property gains
Larnaca strengthened its position as Cyprus’ fastest-growing property market in the second quarter of 2026, leading quarterly gains in apartments, houses, offices and warehouses as demand for …
Cyprus banks step up financial literacy initiatives
The Association of Cyprus Banks (ACB) expanded its financial literacy initiatives during 2025 and the first half of 2026, supporting national efforts to improve financial education as Cyprus …
Larnaca takes the lead as property values rise
Larnaca led Cyprus’ property market during the second quarter of 2026, recording the strongest growth in apartments and offices, while also posting gains in houses and warehouses. The latest index …
Cyprus Business Now: Larnaca tourism, Keve, construction, banking, pensions
Construction activity across the European Union weakened sharply in June, according to Eurostat data released Thursday, although Cyprus is entering the period from a comparatively strong position, …