Business

When we came to live in Cyprus 26 years ago now, water was rationed to two days a week on our road. However, the house we later bought had a well ...

Global investment in data centres is expected to approach $1.6 trillion by 2030, while leading technology companies are forecast to spend more than $600 billion on AI infrastructure capital expenditure in 2026 alone, according ...

Here are the top business stories in Cyprus from the week starting June 1: FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge for the shipping industry, according ...

Shipments of small-sized automotive AMOLED displays measuring under 5 inches are forecast to reach 1.5 million units by 2030, representing a growth of 541 per cent compared to 2025, according to research firm Omdia. As ...

The escalation of conflict in the Middle East is reshaping expectations for the global technology economy, according to research firm IDC, which says the transmission of geopolitical shocks into IT ...

Monetary developments in the euro area for April 2026, published this week by the European Central Bank (ECB), showed a broad easing in money supply growth alongside mixed signals in lending ...

Women in Cyprus accounted for 51.8 per cent of all people employed in science and technology during 2025, according to Eurostat, placing the country just below the EU average but still among ...

Cyprus maintained stronger economic growth than both the euro area and the European Union in the first quarter of 2026, according to estimates released by Eurostat, despite a slowdown from the ...

Rising construction costs in Cyprus have surged by 10 per cent over the past two months, with a five-year increase reaching 35 per cent, according to the president of the Cyprus Federation ...

The European Central Bank (ECB)’s consumer expectations survey for April 2026 showed a mixed shift in euro area household sentiment on inflation, income, growth and credit conditions. Specifically, the ECB ...

Dell recently unveiled its most affordable laptop, XPS 13, as ‌the PC maker aims to capture market share from Apple’s MacBook Neo by attracting students and young professionals. Starting at $699 ...

The European Union this week advanced two major initiatives in its innovation and technology strategy, unveiling progress on the Scaleup Europe Fund alongside the announcement of winners of the European ...

Columbia Group has reaffirmed its growing presence in Greece, with CEO Andreas Hadjipetrou pointing to the company’s expanding fleet under management for Greek clients and its long-standing focus on ...

Eurobank S.A. has updated its financial calendar for 2026, informing the investment community of revisions to key reporting and shareholder dates following an earlier announcement made on May 7, 2026. According to ...

Alpha Bank Cyprus this week held a business-focused event at the Amarande hotel in Ayia Napa, bringing together local stakeholders to underline the strategic role of the Famagusta district in ...

Cyprus maintained stronger economic growth than both the euro area and the European Union in the first quarter of 2026, according to estimates released by Eurostat, despite a slowdown from the ...

Bitcoin is the dream of many people, because it is “digital gold” that opens up a lot of opportunities. However, BTC mining is available to a limited number of people, ...

Demetra Holdings Plc on Friday informed the investment community of its latest share buyback activity and provided a timeline for the release of its quarterly financial results. According to the ...

Cyprus’ Industrial Turnover Index rose by 5.6 per cent in March 2026, reaching 144.7 units, according to figures released by the Cyprus Statistical Service (Cystat).  For the first three months of the year, ...

Low-cost carrier Wizz Air has announced that it will increase capacity from its Larnaca base earlier than originally planned, adding 57,500 extra seats during August and September in response to stronger-than-expected ...

Limassol Greens officially inaugurated its integrated golf resort and residential development this week, 2026, marking a major milestone for one of Cyprus’ most ambitious tourism, lifestyle and investment projects. The ceremony, ...

Satellite operator Eutelsat and Cyprus-based Tototheo Global have signed a new partnership agreement aimed at expanding Low Earth Orbit (LEO) connectivity services across the maritime, enterprise and government sectors. Under ...

Eurobank reiterated its commitment to sustainable development and the green transition during the the recently-held Green Agenda Summit, with the bank participating for the third consecutive year as a platinum ...

The Larnaca tourism board (Etap) won five awards at the Cyprus Tourism Awards, held this week, in recognition of its strategy for sustainable, innovative and quality tourism development in the ...