Business

Cyprus ranked 11th in the European Union in 2025 for GDP per capita in purchasing power parity, sharing the position with France at 98 per cent of the EU average, according to ...

The government on Thursday announced a package of eight measures which it hopes will help combat rising costs after four weeks of war in the Middle East. Firstly, the reduced ...

European financial technology provider payabl. announced on Thursday the launch of Tap to pay, a new solution enabling businesses to accept contactless payments directly via smartphones without dedicated hardware. According ...

Businesses are struggling to bridge a massive “execution gap” as they race to integrate artificial intelligence into the workplace, according to a new report from Deloitte. The above insight was ...

A bill submitted by the deputy ministry of tourism to parliament seeks to regulate recreational diving services in Cyprus, introducing a licensing framework for all providers and setting out safety, ...

The International Chamber of Shipping (ICS) has released the fifth edition of its Guidelines on the Application of the ILO Maritime Labour Convention, urging the global shipping industry to prepare ...

For Lidl Cyprus, sustainability is not some parallel initiative – rather, it’s a consistent mode of operating that covers the entire value chain. This philosophy is underscored in the 2024 Sustainability ...

British retail sales have tumbled this month by the most since April 2020 when most ​non-food shops were closed at the start of ‌the COVID-19 pandemic, a survey showed this week. ...

The European Banking Authority (EBA) this week published its second Impact Assessment Report on minimum requirement for own funds and eligible liabilities (MREL), evaluating its effects on EU banks, markets ...

The European Commission recently presented its proposal for EU Inc., a new single set of corporate rules designed as the foundation of the EU’s 28th regime. The initiative introduces ...

Nicosia-based publisher Digital Vortex Entertainment, part of Utmost Games, announced on Wednesday a collaboration with indie developer Firevolt on the upcoming game Salvation Denied. The title has been described as ...

By Maria Portari I still remember the moment my card was declined! I was so embarrassed. It was the first time I realised that money is not unlimited… Growing up ...

British business activity ​has grown at the slowest pace in six months and manufacturers’ input costs accelerated at the fastest rate since 1992, according to a ‌survey that underscores the risks ...

The Cyprus Chamber of Commerce and Industry (Keve) will host its second annual summit titled Private Clients in the Changing World Where East Meets West at the Four Seasons Hotel ...

Construction of new office space in ​Europe has slumped to its lowest in a decade, even as rents in prime locations hit ‌record highs, research shows, deepening a supply crunch ...

ASBISc Enterprises Plc this week announced its estimated consolidated revenues for February 2026, reporting a sharp year-on-year increase. The Cyprus-based IT distributor, widely known as Asbis, stated that estimated revenues reached ...

Immediate relief measures can still be taken to cushion the expected rise in energy costs, scientific and technical chamber (Etek) president Constantinos Constanti said in a written statement, while warning ...

The Cyprus Tour Guides Association will stage a protest demonstration outside the Deputy Ministry of Tourism at 11.00 on Friday. According to an official announcement, the mobilisation has been organised due ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) recently held its annual mentor programme training session, led by trainer Marilena Shakalli Maroudia. According to ICPAC, the programme, which was ...

Bookings to Cyprus are falling sharply as travellers opt for western Mediterranean destinations amid uncertainty from the conflict in the Middle East, Jet2 CEO Steve Heapy said on Tuesday. Speaking ...

The ongoing war in the Middle East and geopolitical uncertainty with the following significant increase in the price of oil, is expected to have a direct negative effect on the ...

The International Monetary Fund (IMF) on Tuesday said that Greece’s economic growth remains robust, supported by strong domestic demand and ongoing reforms under Next Generation EU, although risks from ...

Consumers should brace for fuel price fluctuations, with the overall trend going up, the head of the petrol stations association said on Tuesday. As long as the war in the ...

Demetra Holdings on Tuesday announced yet another buyback of its own shares following a transaction executed the previous day. Specifically, the firm moved forward with the purchase of 8,300 own shares ...