CompaniesCyprus economic substance requirements: what authorities assess
Cyprus economic substance requirements come down to evidence
08:57 - 02 November 2026
CBN MOBILE APP
Stay up to date with all the latest developments, wherever you are.
Latest News
Companies
CompaniesThe Next Edge Lies in Data
AlgoDynamix CEO Dr Jeremy Sosabowski joins the 12th International Funds Summit to explore artificial intelligence, investment analytics and the technology changing how funds operate
08:44 - 02 November 2026
Current AffairsForeign Ministry urges citizens to check travel advisories before travelling
The Ministry urged citizens, as part of their travel preparations, to consult and follow the travel advisories published on its official website and check for any updates before departure
08:32 - 02 November 2026
Financial ServicesCyprus-incorporated Xryma Plc partners with Mastercard to scale global account-to-account payments
Strategic partnership combines Mastercard’s global Open Finance connectivity and scale with PaidBy®’s orchestration and settlement infrastructure to unlock international A2A payments
08:30 - 02 November 2026
EconomyBudget's development expenditure implementation at 44% in the first nine months
Total development expenditure for 2026 amounts to €1.62 billion, of which €711.60 million had been implemented by the end of September
08:24 - 02 November 2026
EconomyCypERC updates its forecast for 2026 growth 0.5 p.m. higher in October's outlook
Real GDP growth in Cyprus is expected to moderate from 4.8% in 2025 to 3.2% in 2026 and 3.1% in 2027, the Economics Research Centre said
08:21 - 02 November 2026
EconomyFinance Minister and British High Commissioner discuss bilateral economic relations and cooperation
Makis Keravnos and Michael Tatham also exchanged views on further cooperation in the areas of financial services, digital transformation, and aerospace
08:13 - 02 November 2026
EconomyShipping Deputy Minister Hadjimanolis steps up Cyprus' maritime presence in Japan, China and South Korea (photos)
Visits included bilateral meetings with government officials, participation in international maritime conferences and contacts with shipowners, shipping companies and shipyards
08:02 - 02 November 2026
EconomySkills are key to competitiveness and quality employment, Labour Minister says
Addressing the 9th National Skills Competition, Skills Cyprus 2026, he said tech, AI, green transition, and work organisation changes are transforming the economy
07:50 - 02 November 2026
CompaniesVassos Eliades to become the distributor of PepsiCo snack products from 1 February, 2027
The well-known Lay's, Doritos, Cheetos, Quaker, and Snack A Jacks brands are among PepsiCo's snack products
07:40 - 02 November 2026
CompaniesThere are only a few days left! Submit your nominations for the CBN Young Dragon Awards now!
The CBN Young Dragon Awards are looking for their next group of nominees for this year's celebration of young professionals and executives under the age of 40!
07:15 - 02 November 2026
TechnologyCyprus Games Summit to bring industry into direct conversation with policymakers, institutions and professionals
Registration is required to attend the 12 November event in Limassol
07:10 - 02 November 2026
PeopleSatoshi Iwasaki: There is room to further expand Japan and Cyprus' bilateral relations in maritime, R&D, startups, tourism, and more
Japan’s Ambassador to Cyprus shares his views on how closer cooperation could benefit both countries
07:00 - 02 November 2026
CompaniesElena Aristodemou: "Cyprus is not just somewhere Rimes has a presence – it is where Rimes lives and grows"
The Office Manager at Rimes Cyprus also discusses how the company has created a culture defined by trust and empowerment
07:00 - 01 November 2026
CompaniesNominate your choices for the CBN Young Dragon Awards now! The Open Call is underway!
The Open Call for nominations for the 3rd CBN Young Dragon Awards, which celebrate the next generation of business leaders under 40, ends on 4 November
07:22 - 31 October 2026
Real EstateNew office development with multi-storey buildings coming to Limassol (photos)
The proposed development will comprise two buildings primarily intended for office use, along with leisure and entertainment facilities
07:15 - 31 October 2026
Real EstateLyra Amvrosidou: "Increasingly, professionals are settling here long-term and moving from renting to buying"
The CEO of Property Gallery Developers and Constructors Ltd shares her views on the main challenges facing the real estate sector and offers suggestions on how to ensure further growth
07:00 - 31 October 2026
EconomyFoundation stone laid for CUT School of Marine Sciences in Larnaca, President says investment in higher education to continue
The facilities are expected to be completed by August 2028
15:36 - 30 October 2026