Business

A major tourism development in Pentakomo is moving through the licensing process, with The Rocks project expected to bring a luxury hotel, villas, apartments and a beach club to one ...

Ierokipia mayor Nikos Palios met Cyprus hoteliers’ association (Pasyxe) chairman Christos Angelides and other association members to discuss ways of improving the local tourism product. The meeting focused on cooperation ...

The world’s maritime leaders gathered at Posidonia 2026 in Athens this week, as shipping faces what many in the industry see as a defining decade for both seafarer safety and ...

We all have a project stored in the back of our minds, waiting for the perfect moment to finally enter the market. If you’re thinking about starting a business ...

Today, the use of data is a big part of many business plans and market research. It is also used in smart tools at work. But getting a large amount ...

Global shipping is entering a period of deeper and more sustained geopolitical instability, as crises from the Strait of Hormuz to the Black Sea and Libya increasingly form part of ...

The Deputy Ministry of Shipping hosted a reception during the international shipping exhibition Posidonia 2026, bringing together representatives of the global shipping community, institutional bodies, partners and industry professionals. The event, ...

Cyprus is steadily strengthening its position on the European technology map, with the country’s highly educated ICT workforce offering a strong foundation for its digital ambitions, CITEA director Matina ...

The European Union imported €627.8 billion worth of goods from non-EU countries and exported €640.5 billion in the first quarter of 2026, according to Eurostat, with exports showing signs of weakening despite a ...

The European Union’s industry sector consumed 8,835 petajoules (PJ) of energy in 2024, marking an 8.1 per cent decline compared with 2014, according to newly released data from Eurostat. The figures also showed ...

Heating and cooling account for around 70 per cent of household energy consumption in Cyprus, with cooling degree days reaching 610 per cent of the European average, according to a report published ...

Cyprus’ future investment priorities and the European Investment Bank’s (EIB) financing portfolio were discussed in Nicosia on Thursday during a meeting between Finance Minister Makis Keravnos and EIB vice-president ...

Cyprus’ tourism sector is moving towards recovery after a slowdown in March and April, Deputy Minister of Tourism Costas Koumis said on Thursday, expressing cautious optimism for the second half ...

easyCourier is significantly expanding its presence in Cyprus, marking a new growth trajectory for delivery and distribution services in the country. With a strong emphasis on technology, flexibility and customer ...

The Kazakhstan-Cyprus Business Forum was held in Astana as part of the first official visit of the President of the Republic of Cyprus, Nikos Christodoulides, to Kazakhstan. The event brought ...

Following your participation as a country partner at the Doers Summit in Limassol, how would you characterise the current appetite among European investors and entrepreneurs for engagement with the Central ...

Cyprus’ inflation rate eased slightly to 2.6 per cent in May 2026, according to figures released by the Cyprus Statistical Service (Cystat), although petroleum products continued to record the sharpest annual increase. ...

Cyprus recorded a 7.6 per cent annual rise in registered unemployment in May, although the number of people officially listed as unemployed fell compared with the previous month, according to the ...

Global air passenger demand fell in April 2026, as the war in the Middle East caused a sharp drop in traffic among the region’s airlines and weighed heavily on the ...

Cyprus is steadily strengthening its position on the European technology map, with the country’s highly educated ICT workforce offering a strong foundation for its digital ambitions, CITEA director Matina ...

Global shipping entered Posidonia week facing a new maritime world order, as industry leaders warned that geopolitical fragmentation, dark fleet activity and uncertainty over decarbonisation are reshaping trade routes, investment ...

Economic analysis of credit markets often relies on a model that assumes firms have a uniform demand for credit across all their lenders, but a new paper from the European ...

Cyprus’ tourism sector is showing signs of stabilisation after the US and the United Kingdom revised their travel advisories for the island, in a move seen as helping restore confidence ...

Strictly and consistently implemented liquidity management tools can help bolster the resilience of the non-bank financial sector and safeguard broader system-wide stability by preventing localised shocks from escalating into fire-sale ...