Business

Cyprus’ economy grew by 25.8 per cent in real terms between 2019 and 2024, recording one of the strongest expansions in the European Union since before the Covid-19 pandemic, according to Eurostat figures ...

Safe Bulkers has taken delivery of Kypros Island, the first methanol dual-fuel bulk carrier to join the Cyprus register, after Shipping Deputy Minister Marina Hadjimanolis named the new vessel at ...

Genikes Insurance has revised its privacy statement to clarify how it processes customers’ personal data and protects their rights, the company announced on Thursday. The revised statement explains how the ...

Cyprus is receiving up to 35 per cent fewer parcels from outside the European Union, although the volume of goods being imported has barely changed, as shoppers adjust to new customs ...

The National Bank of Greece has elected Adrianos Ifaistion Kyriazis as a non-executive member of its board of directors, representing the Hellenic Corporation of Assets and Participations, the bank announced ...

Cyprus apartment owners could find it harder to sell a property while communal fees remain unpaid, under proposed reforms that would give management committees more leverage over outstanding bills and ...

European Union leaders have correctly identified high energy prices as a threat to households, industry and the wider economy, but their proposed response remains inadequate, energy systems expert Andreas Poullikkas ...

The Cyprus Chamber of Commerce and Industry (Keve) announced on Wednesday that existing businesses can apply for funding of up to €100,000 per project under a new €1.5 million grant scheme aimed ...

The Paphos regional tourism board (Etap) is hosting a delegation of eight German travel agents as part of ongoing efforts to strengthen visitor numbers from Germany and promote the district ...

Fuel prices in Cyprus rose by 24.6 per cent year-on-year in September, accelerating from 19.1 per cent in August, according to Eurostat figures published on Wednesday, as Finance Minister Makis Keravnos warned ...

Cyprus family businesses face the succession test as Paphos conference brings generations together The future of family-owned businesses in Cyprus, and particularly the difficulties of passing them from one generation ...

Alpha Trust – Andromeda SA determined the issue price for its new shares at €8.10 per share under a dividend reinvestment plan following a decision announced on Wednesday. The new shares will ...

Investment firm Demetra Holdings Plc bought back 5,110 of its own shares on the Cyprus Stock Exchange (CSE) on October 20, 2026, as part of an ongoing share repurchase programme, the company announced ...

The government has renewed appointments at two of the island’s main financial regulators and named an academic to the casino watchdog, following decisions taken by the cabinet on Wednesday. ...

Around 6,000 seafarers remain trapped near the Strait of Hormuz, as attacks on commercial vessels intensify and concerns grow over the safety of crews caught in the continuing conflict between the ...

Turkish Foreign Minister Hakan Fidan on Wednesday said that his country will not object to the undertaking of seabed surveys between Crete and Cyprus ahead of the construction of the ...

The European Commission on Wednesday announced that it has opened formal proceedings against Booking.com to investigate whether the accommodation platform breached EU digital rules by failing to tackle fraudulent ...

Cyprus recorded the largest quarterly decline in government debt relative to GDP in the European Union in the second quarter of 2026, with the ratio falling to 48.5 per cent, according to ...

Cyprus recorded the European Union’s highest government surplus in 2025, at 3.6 per cent of gross domestic product (GDP), as public revenue rose to almost €15.9 billion, according to figures published by ...

The Bank of Cyprus has completed its acquisition of performing loans worth approximately €130 million and deposits of around €440 million from the Cyprus Development Bank (CDB), following the receipt of all ...

Fuel prices in Cyprus rose by 24.6 per cent year-on-year in September, accelerating from 19.1 per cent in August, according to Eurostat figures published on Wednesday, as Finance Minister Makis Keravnos warned ...

Allwyn AG has announced that Eurobank SA will act as the paying bank for its upcoming €0.20 interim distribution, which is scheduled to be paid in November to eligible shareholders who ...

Eurobank is considering establishing a representative office in Tel Aviv to strengthen its support for Israeli businesses and investors, as Cyprus seeks to build on closer economic ties with Israel ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that it has approved the listing of €50 million in new 13-week government treasury bills, following an auction held on October 19, with trading ...