Business

Interest rates for new housing loans in Cyprus rose to a peak of 3.41 per cent in January, up from 3.25 per cent during the previous month, though borrowing costs on the ...

H.I.G. WhiteHorse, the credit affiliate of HIG Capital, has provided first-lien, senior-secured financing to back the acquisition of Viabus B.V. by German investment firm Armira, in a ...

Invest Cyprus on Friday presented the results and actions for 2024 and 2025 during its annual general meeting, highlighting the strengthening of Cyprus’ international investment position and the growing contribution of foreign ...

Britain’s economy stagnated unexpectedly in January after weak growth in the preceding months, according to official data, which showed a loss of momentum even before the war in Iran ...

Eurogate Container Terminal Limassol (ECTL) and the Eratosthenes Centre of Excellence of the Cyprus University of Technology have signed a memorandum of cooperation aimed at strengthening collaboration and developing joint ...

Cyprus saw approximately 5,000 unemployed people aged 15 to 74 move into employment in the fourth quarter of 2025, according to Eurostat data on labour market flows released on Friday. That was slightly lower ...

Cyprus recorded the strongest quarterly increase in employment in the European Union in the fourth quarter of 2025, with the employment rate for people aged 20 to 64 rising to 82.1 per cent from 81.5 ...

Building permit activity in Cyprus remained strong in November 2025, according to data released on Friday by the statistical service (Cystat).  A total of 850 permits were authorised in November 2025, with a ...

Cyprus tourism is facing a split start to the season as Limassol maintains steady visitor flows despite regional tensions, while hoteliers in Famagusta seek emergency state support to counter a ...

Public debt continued to fall in 2025, reaching its lowest percentage of GDP since 2008, while Cyprus also recorded its fourth consecutive fiscal surplus.  President Nikos Christodoulides on Friday used his social ...

Plans to give very small businesses access to payment accounts with basic features are expected to go before parliament’s plenary, even as ministries, the Central Bank of Cyprus (CBC) ...

Limassol district local government organisation (EOA) president Yiannis Tsouloftas this week met with shipping deputy minister Marina Hadjimanolis to discuss cooperation opportunities under the European EIT Water initiative. The meeting ...

Mental health experts are warning that, if the industry does not remove barriers for women at sea, it risks losing the next generation of talent and leaders altogether, according to ...

The Bank of England will cut interest rates to 3.50 per cent either in April or June, according to economists polled by Reuters who have largely abandoned calls for a March 19 ...

For the moment, Cyprus does not face a problem in relation to its fuel stocks amid the Persian Gulf energy crunch, the Cyprus Mail has learned. “Right now we are ...

The Employers and Industrialists Federation (Oev) on Thursday said that Cyprus remains a safe and reliable destination for international investment, business activity and quality tourism, following a meeting of its ...

Limassol’s Kourion municipality is pushing for the creation of a marine aquarium and Mediterranean marine life research centre on the western side of the Akrotiri municipal district, a project ...

The European Union must adopt a long-term and targeted institutional framework for the resilience of coastal areas to replace the current approach of short-term project implementation, Cyprus Marine and Maritime ...

International banks signalled strong confidence in the Greek banking sector’s outlook for 2026, highlighting resilient credit expansion, solid asset quality and growing investor demand. This follows meetings with major lenders ...

Egypt has set maximum prices for ​unsubsidised bread sold in private bakeries, reviving price controls on staple food as the government ‌seeks to limit the impact on consumers of an ...

As altcoin ETF adoption grows in 2026, Solana (SOL) and Ripple (XRP) are taking different directions as both compete for broader adoption. Meanwhile, in the decentralized finance market, Mutuum Finance (MUTM) ...

The Cyprus Stock Exchange (CSE) on Thursday announced that the 13-week Treasury Bills 12th Issue, Series 2025 of the Republic of Cyprus will be suspended from trading between March 17, 2026 and March 19, 2026, ...

Budget airline Wizz Air on Thursday announced that it reopened sales of Wizz MultiPass in Cyprus, a subscription product that allows passengers to secure fixed flight prices for a year. ...

Government spokesman Konstantinos Letymbiotis on Thursday pointed the finger at international media for its “exaggeration” in its reporting regarding the situation in Cyprus after the island was hit by an ...