Banking and Finance

Cyprus’ non-performing exposures (NPEs) increased by approximately €16 million in October 2024, reaching €1.61 billion, according to a report released by the Central Bank of Cyprus (CBC). This CBC reported that this figure ...

Here are the top business stories in Cyprus from the week starting February 17: Kicking off the week, access to high-performance computing has long been a barrier for creative professionals, engineers, ...

Meta Platforms has cut back on its yearly distribution of stock options by about 10 per cent for tens of thousands of employees despite the social media giant trading at record ...

The ‘Money Conference 2025: Investment Outlook Opportunities & the AI Impact’, held in Nicosia this week, explored key investment prospects and the market impact of artificial intelligence. The conference, which was ...

The Cyprus Securities and Exchange Commission (CySEC) has announced a significant policy change, allowing for a broader range of cases in which prospectuses can be submitted in English. The regulator ...

Chinese startup DeepSeek will make its models’ code publicly available, it said on Friday, doubling down on its commitment to open-source artificial intelligence. The company said in a post on ...

Alibaba’s shares opened 10 per cent higher in Hong Kong on Friday to reach their highest level in more than three years, after it reported third-quarter revenues just above analysts’ ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) and the Cyprus Institute of Internal Auditors (IIA Cyprus) renewed their agreement, reaffirming their commitment to good governance, transparency, and accountability. ...

Labour Minister Yiannis Panayiotou, in his intervention on Thursday at the ministerial conference organised by the Polish presidency of the EU in Gdańsk, addressed the challenges and opportunities presented ...

The ‘Money Conference 2025: Investment Outlook Opportunities & the AI Impact’, held in Nicosia this week, explored key investment prospects and the market impact of artificial intelligence. The conference, which was ...

Chinese technology company Lenovo reported a 20 per cent rise in third-quarter revenue on Thursday, as the global personal computer industry showed modest signs of recovery. Lenovo, the world’s largest ...

In the digital age, data has become the cornerstone of effective decision-making, offering unparalleled insights and opportunities, according to Anna Xinistery, general manager of consulting and professional development centre Kesea. ...

Toyota  in Cyprus remained the leader in the passenger car market in January 2025, registering 537 vehicles, while Mazda followed with 313 and BMW with 266, according to a report from the statistical service. ...

The Digital Cooperation Organisation (DCO) on Wednesday successfully concluded its fourth general assembly in Jordan, with the endorsement of a comprehensive 2025-2028 agenda aimed at advancing digital maturity across its ...

Bumble’s shares fell 16 per cent on Wednesday after the dating app operator forecast first-quarter revenue below market estimates, as it continues to grapple with a slowdown in the growth ...

Dixon Technologies India, which assembles Google’s Pixel smartphones, is set to more than double its revenue this fiscal year, driven by rapid growth in local electronics manufacturing, a top ...

Apple launched on Wednesday a budget-minded phone with artificial intelligence, the iPhone 16e, designed to win back mid-market customers at home and in crucial growth markets China and India. The ...

Apple is set to launch its latest budget iPhone model on Wednesday as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from ...

The 8th Annual Capital Link Cyprus Shipping Forum held in Limassol, highlighted Cyprus’ role as a key player in shipping, energy, and logistics. Supported by Hellenic Bank, the event drew ...

Coca-Cola HBC group has been recognised for the eighth time as the world’s most sustainable beverage company, according to the 2024 Dow Jones Best-in-Class Indices. Previously known as the Dow ...

The Cyprus chamber of commerce and industry (Keve) welcomed the council of ministers’ decision on Wednesday to approve the revised framework for the employment of third country nationals (TNCs). This ...

Kyriakos Iordanou, general manager of the Institute of Certified Public Accountants of Cyprus (ICPAC), submitted his views on tax reform at the ‘Gender Budgeting and Gender Mainstreaming’ conference in Nicosia ...

Netflix has called an audible and now plans to pursue a Sunday NFL package following its successful Christmas Day debut last season. Bela Bajaria, the chief content officer for the ...

The association of building contractors Oseok has warned that acute labour shortages in sectors like construction, tourism, and retail were stalling economic growth. As the supply of skilled and unskilled ...