Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Louis plc has announced that its board of directors will meet on September 25 in order to review the company’s financial results for the half-year that ended on June 30, 2025.
The ...
Demetra Holdings Plc on Friday announced the repurchase of 5,750 of its own shares at a price of 1.685 cents each on September 18, 2025.
The company provided a detailed breakdown of the repurchase, ...
Cypriot beverage company KEO PLC this week reported a net profit of €3.23 million for the first half of 2025, down from €3,529,000 in the same period in 2024.
According to a filing on ...
The Bank of Cyprus (BoC) on Friday announced that it hosted the certification ceremony for the “STEAME Teacher Facilitator” micro-credential earlier this week.
The event took place on Wednesday, September 17, ...
Cyprus’ Deputy Shipping Minister Marina Hadjimanolis showcased the advantages of the Cyprus registry and the wider maritime cluster during a reception at the High Commission of Cyprus in London, organised ...
Cyprus has been placed at the centre of Europe’s tax policy debate following a two-day visit by a delegation from the European Parliament’s Subcommittee on Tax Matters (FISC).
...
Top Kinisis Travel Public Limited has reported a net loss of €181,642 for the first half of 2025, compared with a profit of €29,082 for the same period last year.
The company’s ...
US credit rating agency Moody’s Ratings flagged several potential risks in Oracle Corp’s (ORCL.N) $300 billion of recently signed artificial intelligence contracts, but stopped short of taking ratings ...
The Securities and Exchange Commission voted this week to approve proposed rule changes by three national securities exchanges, enabling them to adopt generic listing standards for new cryptocurrency and other ...
The headlines are buzzing once again with the rivalry between DOGE and SHIB. Both coins thrive on community hype, social media campaigns, and sudden speculative surges. Traders have long enjoyed ...
Britain’s economy will see a dramatic decline in job opportunities, particularly at the entry level, the boss of fashion retailer Next (NXT.L) said on Thursday, partly blaming Labour ...
Low-cost carrier Wizz Air on Thursday announced it has reached 10 million passengers to and from Cyprus and marked the fifth anniversary of its base in Larnaka.
According to the announcement, ...
The Bank of England kept rates unchanged on Thursday and said it was slowing the pace of its quantitative tightening programme and skewing sales away from long-dated gilts to minimise ...
Demetra Holdings Plc on Thursday announced the repurchase of its own shares through the Cyprus Investment and Securities Corporation Ltd.
During the session on September 17, 2025, Demetra Holdings acquired 3,000 of its ...
A $30M raise that stands apart
While early-stage biotech AI companies typically attract $5–15M, Astromech’s $30M debut positions it as an outlier. SEC filings confirm the raise, with few ...
Cyprus was the only European Union country to record zero year-on-year inflation in August 2025, according to official data published this week by Eurostat.
The country stood out at a time ...
Cyprus’ construction materials price index posted a year-on-year increase of 1.17 per cent in August, according to figures released on Thursday by the statistical service (Cystat).
Specifically, the construction materials price ...
The Bank of Cyprus (BoC) this week announced the results of its cash offer to holders of its outstanding €300 million Fixed Rate Reset Tier 2 Capital Notes due October 2031.
According to ...
The economic impact of foreign investment in Cyprus’ private healthcare sector took centre stage at the 8th Cyprus Healthcare Conference this week, which was organised by Ygia Polyclinic Private Hospital.
...
Cyprus has been placed at the centre of Europe’s tax policy debate following a two-day visit by a delegation from the European Parliament’s Subcommittee on Tax Matters (FISC).
...
The Association of Cyprus Banks (ACB) has asked for the declaration process for the supplementary tax to be made simpler.
Their comments were submitted as part of the public consultation ...
The Bank of Cyprus on Thursday announced that it is organising an informational open day for the BoC Fintech Hackathon 6.0, which will take place remotely on September 23, 2025, at 5:30 PM.
The ...
Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou is travelling to India today for a two-day working visit from September 18 to September 19.
According to an announcement released on ...
Shipping faces a decisive moment as the International Maritime Organisation (IMO) prepares to vote in October on its Net-Zero Framework (NZF), a legally binding package designed to cut greenhouse gas ...