Banking and Finance

Bank of Cyprus announced on Monday that its total issued share capital stood at 440,828,633 ordinary shares of nominal value €0.10 each as of  May 31, 2025, “with each ordinary share carrying one vote.” ...

The Research and Innovation Foundation (RIF) has launched two new funding calls, Seed and Innovate, targeted at boosting the growth of startups and supporting existing firms in scaling their products ...

Retail turnover in Cyprus rose by 6.3 per cent in April 2025, marking the fastest monthly increase so far this year, according to data published by the Statistical Service on Monday.Earlier ...

Marya Iartseva, art director at Nexters, an international game development company headquartered in Cyprus explores how artificial intelligence is reshaping game development, emphasisng where it succeeds, where it falls short, ...

Cyprus has taken a significant step in strengthening its regulatory framework for investment funds, following the House of Representatives’ approval of the Investment Fund Administrators Law. The move is being ...

Cyta secured four gold and one bronze award at the Cyprus Technology Awards 2024, earning recognition for projects that enhance digital accessibility, sustainability, and user experience across the country. The gold ...

As the global shipping industry braces for one of its most demanding decades yet, marked by accelerating decarbonisation, digital transformation and sweeping regulation, PwC sees not just disruption, but a ...

Here are the top business stories in Cyprus from the week starting May 26: Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a ...

The Daleela ferry resumed its Cyprus-Greece connection on Saturday, departing from Limassol for Piraeus in the first of 22 scheduled crossings this summer.Speaking at the new port of Limassol, Deputy ...

The Daleela ferry resumes its Cyprus-Greece connection on Saturday, departing from Limassol for Piraeus in the first of 22 scheduled crossings this summer. Now in its fourth consecutive season, the passenger ...

Total deposits in Cyprus recorded a net increase of €492.9 million in April 2025, compared to a net decrease of €66.3 million in March 2025, according to statistics published by the Central Bank of ...

Cyprus recorded a general government surplus of €646.8 million in the first four months of 2025, according to preliminary fiscal data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus ...

Mining and quarrying recorded the strongest increase in output prices in April 2025, rising by 7.4 per cent year-on-year, while water supply and materials recovery saw the sharpest drop, down by 5.3 per ...

Cypriot maritime technology firm Tototheo Global was among the international companies participating in Asia Tech x Singapore 2025, one of the region’s leading technology events, held from May 27 to 29 at ...

Sony’s CEO said on Thursday the spin-off of the group’s financial services arm will give that business its own fundraising capabilities. “It is significant that, through the spin-off, ...

Cyprus’ industrial production index rose by 1.9 per cent in March 2025 compared with the same month last year, according to data released by the Cyprus Statistical Service (Cystat). The index reached 109.8 ...

The Daleela ferry resumes its Cyprus-Greece connection on Saturday, departing from Limassol for Piraeus in the first of 22 scheduled crossings this summer. Now in its fourth consecutive season, the passenger ...

Cyprus recorded €43.8 million in high-value property transactions in April 2025, marking a 52.8 per cent drop compared to March, according to real estate analytics firm Ask Wire. Based on Land Registry data ...

European shares are expected to rise slightly by the end of 2025 before scaling new heights in 2026, boosted by monetary easing and higher fiscal spending, but tariff and trade uncertainties are ...

Hellenic Bank will officially adopt the name Eurobank Limited following its legal consolidation with Eurobank Cyprus, according to a decision by the board of directors on May 27. The change will ...

Unemployment in Cyprus stood at 5 per cent in the first quarter of 2025, according to a report published by the Cyprus Statistical Service (Cystat) on Thursday. The number of unemployed people ...

Global air cargo demand rose by 5.8 per cent in April 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA). Capacity, measured ...

Cyprus recorded €43.8 million in high-value property transactions in April 2025, marking a 52.8 per cent drop compared to March, according to real estate analytics firm Ask Wire. Based on Land Registry data ...

Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take ...