Business

The European Commission this week formally appointed executive vice-president Raffaele Fitto as its new special representative for Cyprus, confirming his role in supporting United Nations-led efforts to reunify the island. ...

The European Securities and Markets Authority (ESMA), the primary European Union regulator and supervisor, has launched the collection of data from national authorities and officially appointed mechanisms today. This initiative ...

The Limassol Chamber of Commerce and Industry (Evel) has said the wastewater disruption that recently triggered an indefinite strike by tanker operators could have been avoided, arguing that it had ...

Meta has discontinued an AI feature launched last ​week that allowed users to generate images using public Instagram accounts, ‌after drawing widespread criticism over privacy concerns, including from a Hollywood ...

The Larnaca Chamber of Commerce and Industry (Evel) and Gender Equality Commissioner Josie Christodoulou discussed ways to strengthen women’s participation in business and promote equal opportunities during a recent ...

The European Securities and Markets Authority (ESMA), the financial markets regulator and supervisor for the European Union, has published the annual market capitalisation and market capitalisation ratios for all EU ...

Cypriot beverage maker Keo is awaiting final government approvals to proceed with a €50 million investment in a new distribution and spirits bottling centre in Limassol, one of the largest private ...

The Limassol Chamber of Commerce and Industry (Evel) has highlighted its contribution to Cyprus’ Presidency of the Council of the European Union during the first half of 2026, saying it organised ...

The government on Monday appointed Andreas Charalambous as the new head of the Fiscal Council. Charalambous replaces Michalis Persianis, who had held the position since 2022. Persianis is leaving before his ...

As the demand for retirement income planning continues to grow, more and more investors are beginning to rethink how to obtain long-term, stable additional income. Instead of chasing short-term market ...

Cyprus continues to draw international buyers thanks to its climate, EU membership, and residency-linked investment programs. But when you’re buying property in a foreign country, choosing which developer to ...

The Finance Ministry announced on Monday that the 13-week Treasury Bills under its TB13D26 series are set to reach their final maturity date on July 24, 2026. Following this schedule, the ...

The total number of state employees in Cyprus reached 55,162 in June 2026, according to figures released by the statistical service (Cystat) on Monday, representing an increase compared with the same month ...

Cyprus could redirect money from its Thalia 2021-2027 programme to support tourism businesses affected by the conflict in the Gulf and wider instability in the Eastern Mediterranean, the European Commission ...

Cyprus on Monday confirmed its support for the second phase of the European Tech Champions Initiative (ETCI 2.0), joining all EU member states in backing a European investment drive that aims ...

Allwyn AG announced on Monday that it repurchased a total of 698,166 of its own shares on the Euronext Athens exchange between July 6 and July 10, 2026. The transactions were executed as part ...

Nicosia continues to offer apartment prices well below those seen across much of western Europe, while neighbouring Athens remains one of Europe’s most affordable capitals despite years of strong ...

PwC Cyprus participated as Platinum Sponsor of the 14th Invest Cyprus International Investment Awards, marking thirteen consecutive years of support for one of the country’s most important institutions dedicated ...

Cypriots are among the strongest supporters of tougher action against tax evasion and avoidance in the European Union, with 64 per cent saying it should be the bloc’s top tax ...

Eurobank announced on Monday that it repurchased a total of 2,273,500 of its own shares between July 6 and July 10, 2026, as part of its ongoing buyback programme. The transactions, which took place ...

The Pancyprian Cooperative Society for Participation and Promotion of Cooperativism Ltd entered its share sale phase last week, with its prospectus revealing a series of risks facing the ambitious plan ...

Limassol-based maritime professional and investor Jesper Weller has acquired Berg & Larsen, a Danish maritime supplier founded more than 230 years ago, linking Cyprus’ shipping centre with one of Denmark’s ...

Demetra Holdings announced on Monday that it repurchased 5,163 of its own shares following a meeting of its board of directors held on July 10, 2026. The company carried out the transactions through ...

The legislation protecting trapped buyers was enacted to remedy a serious and long-standing distortion in the real estate market. Many purchasers, despite having paid the purchase price in full and ...