Business

Cyprus recorded one of the lowest shares of employment in multinational enterprise groups in 2024, highlighting its position within the broader European business landscape. According to figures from Eurostat, multinational enterprise ...

Industrial producer prices in Cyprus declined in March 2026, according to Eurostat, contrasting with strong increases across the euro area and the European Union. According to the latest figures, industrial producer ...

Hermes Airports on Wednesday reported a decline in passenger traffic alongside a stable level of air connectivity across Cyprus. The company said that April 2026 recorded a 16 per cent decrease compared ...

BMW maintained its ‌2026 financial guidance on Wednesday and signalled it could weather US tariffs and Chinese competition, sending shares up nearly 5 per cent despite first-quarter pretax profit tumbling 25 per cent. ...

The Bank of England has estimated that its quantitative ‌easing programme would rack up a net financial loss of ​around 125 billion ​pounds ($169 billion), which will need ⁠to be funded by ​...

Advanced Micro Devices’ shares (AMD.O) jumped to an ​all-time high on Wednesday as its strong outlook boosted investor confidence about sustained demand for AI infrastructure, sparking a rally across ‌...

The National Bank of Greece (NBG) announced operating profits of €23.6 million in Cyprus for 2025, representing a 39 per cent year-on-year increase. The bank stated that it “records, for yet another year, ...

Cyprus Property Developers Association chairman Yiannis Misirlis stressed the urgent need for policy priorities to address the housing crisis during a press conference held by the association in collaboration with ...

Vassilico Cement Works Public Company Ltd announced on Wednesday that it will convene its annual general meeting on Thursday, May 28, 2026. The assembly is scheduled to take place at the registered ...

The Pancyprian Association of Animal and Meat Trade Representatives held its founding assembly at the Cyprus Chamber of Commerce and Industry (Keve) building in Nicosia on April 30, marking a significant ...

Telecommunications provider Cyta on Wednesday announced the opening of a new retail store in central Larnaca, marking its return to the city centre with a focus on enhancing customer experience. ...

Cyprus recorded a notable rise in its jobless figures in April, with registered unemployment rising by 10.4 per cent compared to the same month last year. According to a report from ...

Globalwealth Group PLC on Wednesday reported a significant net profit of €4,734,166 for the financial year ending December 31, 2025, marking a successful period of strategic transformation into a vertically integrated wealth-tech and ...

Tourist business turnover drops 50 per cent amid Middle East conflict, association says Small shopkeepers’ association Povek on Wednesday announced that tourism stakeholders have requested an urgent meeting with Deputy Tourism ...

Atlantic Insurance Company Public Limited on Wednesday confirmed that it will convene its annual general meeting on Wednesday, June 3, 2026, at 17:00. The assembly is scheduled to take place at the registered ...

The Cyprus Stock Exchange (CSE) council released the comprehensive market share figures for its members on Wednesday, detailing the trading performance and transaction values recorded throughout April 2026. The announcement provided ...

Ellinas Finance Public Company Limited on Wednesday issued an announcement through the Cyprus Stock Exchange (CSE) to establish the record date for the annual interest payment due to its bondholders. ...

The Cyprus Employers and Industrialists Federation (Oev) on Wednesday announced its participation in a high-level International Labour Organisation (ILO) technical committee on artificial intelligence in manufacturing. This was accompanied by ...

Cyprus passenger arrivals fall 16 per cent in April as demand softens Hermes Airports on Wednesday reported a decline in passenger traffic alongside a stable level of air connectivity across Cyprus. ...

A Cyprus-based research and innovation team developing an AI-powered oncology software platform called Prognostic has outlined its progress, goals and challenges in an exclusive interview with the Cyprus Mail. Supported ...

The Paphos regional tourism board (Etap) has announced the expansion of its thematic experience tours in the Polis Chrysochous and Akamas area, aiming to promote the region’s cultural and ...

CFA Society Cyprus will launch its first annual online career event on May 14, marking a key milestone in the development of the Alliance for Financial Education in Cyprus, an initiative ...

Tourism stakeholders in Famagusta district are raising serious concerns as fears grow over potential flight cuts to Cyprus driven by surging fuel costs and ongoing geopolitical tensions. According to a ...

Finance Minister Makis Keravnos addressed the Ecofin council meeting in Brussels on Tuesday, highlighting the growing uncertainty facing the European and global economy. Keravnos, who chaired the session, said discussions ...