Business

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has called for an urgent and substantial reform of the bank’s governance model, arguing that the current structure is obsolete and ...

Cyprus’ property market has entered 2025 with renewed confidence and a sense of maturity. What began as a post-pandemic recovery has evolved into a steady, data-driven expansion fuelled by foreign investment, ...

In 2025, Bitcoin cloud mining apps have emerged as the go-to alternative to traditional hardware mining, offering everyday users a simpler way to join the crypto space. Instead of buying expensive ...

Safe Bulkers Inc., the New York Stock Exchange-listed shipping company led by CEO Polys Hajioannou, held its 5th annual scholarship award ceremony last week, at its Limassol offices, reaffirming its ...

Larnaca is experiencing a remarkable boom in tourism-related development, with dozens of new projects under way or awaiting approval, reflecting its growing appeal among both domestic and foreign investors. According ...

Eurobank’s board of directors has called shareholders to an extraordinary general meeting on December 3, 2025, to approve the merger of Eurobank S.A. with Eurobank Holdings S.A. through absorption ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced the establishment of the nation’s first-ever Business Association of Sports (BAS Cyprus). According to the chamber, “BAS Cyprus ...

The economic history of Cyprus is a tale of resilience, often defined by its agile recovery from external shocks and its strategic location. Yet, the demands of the modern global ...

Piraeus Bank has been upgraded to the investment-grade rating of ‘BBB-‘ by Fitch Ratings, marking a significant development as the bank is now assessed at investment grade by three of ...

The European Central Bank will likely keep rates on hold again on Thursday as traders waver on whether it will resume easing next year. Renewed US-China trade tensionsprompted caution in ...

The Cyprus Securities and Exchange Commission (CySEC) announced this week that the external manager of HUBDOX FUND RAIF V.C.I.C. LTD has initiated a procedure for the fund’...

The crypto market is moving fast. Prices go up and down every day. This creates short-term chances for investors. Right now, three coins are getting attention: XRP, ADA, and a ...

German business morale rose in October, a survey showed this week, though trade woes continued to cast a pall over Europe’s largest economy. The Ifo institute said its business ...

British manufacturers are investing the least in new equipment relative to their sales since 2017, according to a report from trade body Make UK, which urged the government to streamline tax ...

The Central Bank of Cyprus (CBC) announced on Monday that it is renewing the deadline for individuals and legal entities to submit requests for reduced legal expenses related to bank ...

MHV – Mediterranean Hospitality Venture is a fast-growing and dynamic group set to change the game regarding the high-end real estate and luxury hospitality industry in Cyprus. With a strong vision ...

The total sales of petroleum products in Cyprus increased by 11.2 per cent in September, when compared with the same month in 2024, the state statistical service (Cystat) announced on Monday. Total ...

Jefferies has reaffirmed its positive outlook on Greece’s two largest banks, the National Bank of Greece (NBG) and Eurobank, ahead of their upcoming third-quarter 2025 financial results. The investment firm ...

Deposits in Cypriot banks rose sharply in September, while lending also strengthened, reflecting resilient liquidity and stable credit demand, according to the Central Bank of Cyprus (CBC).  In its Monetary ...

Alpha Bank saw strong investor demand for its first-ever green senior preferred bond, marking its return to the international capital markets following the restoration of its investment grade rating. The ...

The Limassol District Local Government Organisation (EOA Limassol) has released an announcement stating that recent data from the Cyprus Statistical Service (Cystat) “confirms the acceleration of development in the district”. “...

The foreign exchange market has witnessed tremendous growth over the past two decades, with millions of traders joining the space every year. As the market evolved, trading platforms became increasingly ...

Demetra Holdings Plc on Monday announced that it repurchased a total of 7,800 of its own shares at a price of 1.64 cents per share. According to a filing on the Cyprus ...

Cyprus launched the International Maritime Tourism Festival 2025 this weekend at Ayia Napa Marina, with President Nikos Christodoulides pledging to make the island a leading maritime tourism hub in the Eastern ...