Business

Starting a company used to mean building a team as fast as possible. You needed a developer, a designer, a marketer, and often someone to handle support. That came with ...

The Bank of Cyprus (BoC) on Monday presented its first-quarter 2026 financial results, with chief executive Panicos Nicolaou highlighting the resilience of the Cypriot economy and signalling further strengthening of shareholder ...

In a world where digital payments, mobile apps and instant transactions are becoming the norm, financial literacy is no longer a skill reserved for adulthood. Today’s children are growing ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Monday that it reached a €40,000 settlement with Bridge Global Solution Services Limited over possible breaches related to anti-money laundering legislation and ...

Cyprus’ insurance sector is entering a more demanding period from a position of relative strength, even as global insurance leaders become less confident about short-term growth, according to Constantinos Rossides, ...

The Labour Ministry and the European Labour Authority (ELA) will host an international conference in Larnaca on May 12 to address undeclared work and promote fair labour mobility across Europe. The ...

Cyprus’ total number of state employees reached 55,571 in April 2026, with overall public sector employment recording a marginal year-on-year increase of 0.1 per cent. According to a report from the Cyprus Statistical ...

Cyprus recorded a wider trade deficit in the first quarter of 2026, as imports increased while exports declined compared with the same period last year. Specifically, the trade deficit reached €2.04 billion ...

Celestyal’s safe extraction of two cruise ships from the Persian Gulf was carried out through a carefully staged operation that began with the removal of passengers, continued with the ...

Blackstone announced on Monday that funds managed by its private equity business have reached a definitive agreement to acquire a majority stake in Skroutz, Greece’s largest online shopping platform, ...

The financial sector is being redefined in real time. From digital payments and embedded finance to regulatory transformation and intelligent automation, the way businesses manage and move money is undergoing ...

Cyprus has reached an important juncture as international demand undergoes a fundamental shift from pure investment interest toward relocation, lifestyle, and a long-term presence on the island. Speaking after the ...

The Cyprus Stock Exchange announced on Monday the continued suspension of trading for shares in Mr Pengu Public Company Ltd, which is listed on the Emerging Companies Market. The CSE ...

Demetra Holdings Plc on Monday announced that its board of directors has proposed a total dividend payment of €20,000,000 for the fiscal year ending December 31, 2025. This strategic financial proposal, which follows ...

Chartworld Shipping Company managing director Antonis Faraklas has warned that geopolitical instability has made international shipping increasingly difficult to predict, saying fleet diversification has become a key survival strategy for ...

Limassol’s ambitious plan to deliver hundreds of affordable rental homes has been cast into fresh uncertainty as a growing rift between the municipality and the Cyprus Land Development Organisation (...

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital ...

Visa has selected seven fintechs from Greece, Cyprus and Malta for the 2026 cycle of the Visa Innovation Programme Europe, as applications from the three markets rose by around 50 per cent ...

The treasury office has launched a new digital tool allowing citizens to monitor the implementation of the state budget through open, interactive data, accountant general Andreas Antoniades said. Speaking to ...

Eurobank S.A. released its interim consolidated financial statements on Monday, providing further detail on its performance following the initial publication of its financial results on last week. The comprehensive ...

The procedure for winding up a company on the grounds of inability to pay its debts constitutes a powerful, yet highly regulated tool for creditors. It is not a simple ...

Market intelligence firm Omdia has significantly increased its semiconductor revenue forecast for 2026 to 62.7 per cent, pointing to unprecedented growth in DRAM and NAND markets driven by sustained demand and ongoing ...

SpaceX has adopted corporate governance policies that will erode typical shareholder protections in unprecedented ways, giving founder Elon Musk virtually unchecked executive authority when the rocket maker goes public later ...

The Cyprus Chamber of Commerce and Industry (Keve) announced its participation in the European co-funded eValueJobs project, aimed at strengthening pay transparency and promoting equal pay in line with new ...