Business

Demetra Holdings Plc on Thursday announced that it proceeded with the repurchase of 3,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd. The company stated that the ...

Consumer credit costs in Cyprus rose in July 2025 while overall new lending volumes fell sharply, according to the latest statistics released by the Central Bank of Cyprus. The figures, published ...

What it means for landlords and tenants By Pavlos Loizou, CEO of Ask Wire Interviewer: Andreas, whose house is this?  Andreas: Mine.  Interviewer: Who lives in it?  Maria: I do. ...

Bank employees’ union Etyk has issued a circular addressing growing speculation surrounding a potential takeover of the Cyprus Development Bank (CDB bank), stressing that it is monitoring developments closely. Etyk ...

The Cyprus Stock Exchange has announced that the shares of iDNA Genomics Public Ltd will continue to be presented with a special flag on the New Market due to significant ...

XRP’s climb to $2.7 has put it back in headlines, yet it remains exposed to the same issues that have held it back for years. Despite its recovery in price, ...

Cyprus’ Shipping Deputy Minister Marina Hadjimanolis took part in a ministerial panel at the 2nd Sustainable Maritime Industry Conference (SMIC) in Jeddah, Saudi Arabia, addressing global leaders on ‘Resilience, Cooperation, ...

The crypto market is constantly rotating, with traders shifting capital away from weaker plays into projects with stronger fundamentals. The latest shift is clear: DOGE and PEPE, once icons of ...

In every market cycle, whales look for projects that promise outsized gains with solid fundamentals, not just slow appreciation. While ADA and XRP continue their long climb with steady but ...

The Cabinet on Wednesday approved new employment schemes aimed at strengthening the labour market and supporting citizens who remain outside the productive process. It was further announced that the schemes ...

Greek Deputy Prime Minister Kostis Hatzidakis on Wednesday called on the Cypriot government to “clarify its position” over the Great Sea Interconnector project. The project, if completed, will connect the ...

The number of registered unemployed persons in Cyprus stood at 11,556 at the end of August 2025, according to data released on Wednesday by the Statistical Service (Cystat).  On a seasonally adjusted ...

Revenue from tourism in Cyprus rose by 9.6 per cent in June 2025, reaching €422.3 million compared with €385.2 million in the same month last year, according to the state statistical service (Cystat).  For ...

The Cyprus Stock Exchange (CSE) on Wednesday confirmed the suspension of trading in the shares of Louis Plc on the regulated market. According to the announcement, the decision was taken ...

The Cyprus Stock Exchange (CSE) on Wednesday released the members’ market shares for August 2025 and confirmed the suspension of trading for several listed companies on both the regulated and new ...

Cyprus will introduce financial literacy in primary schools from September 2025, using a children’s fairy tale to teach sixth graders the basics of money management.  The book, ‘70 Interest and a ...

Cyprus-based Columbia Group has launched a joint venture in Egypt with Pan Marine Shipping Services, opening an official office to expand shipmanagement, training and energy solutions in a key maritime ...

Pandora Investments Public Ltd on Wednesday announced that its board of directors will convene on Monday, September 15, 2025. The meeting will focus on examining, among other matters, the six-month unaudited financial ...

Demetra Holdings Plc on Wednesday announced a further repurchase of its own shares, carried out on September 2, 2025, in accordance with shareholder approval granted at the company’s annual general meeting ...

Cyprus’ property market kept its upward course in the first eight months of 2025, with sales documents climbing 13 per cent year-on-year despite a marginal dip in August.  According to the Department ...

Bank employees’ union Etyk has issued a circular addressing growing speculation surrounding a potential takeover of the Cyprus Development Bank (CDB bank), stressing that it is monitoring developments closely. Etyk ...

Trade disruptions, inflation and geopolitical tensions are restricting global business prospects, according to a new survey of local chambers of commerce in more than 100 countries conducted by the International Chamber ...

The European Central Bank should keep interest rates steady as the euro zone economy is holding its own in the face of US tariffs and inflation may still come in ...

Cyprus is moving ahead with plans to establish a national mechanism for screening foreign direct investment (FDI), with the revised bill gaining broad support in a meeting by the House ...