Business

By: Christina Nikolaou Maybe you’re already saving money! You just haven’t realised it yet… Think of money as a tool. If we use it properly, we can build ...

Greek shipowner George Prokopiou’s first tanker appears to have cleared the Strait of Hormuz after loading crude in the Gulf, in one of the earliest such passages by a ...

Eurobank has reported strong profitability and expanding operations in Cyprus, among other core markets, in its annual financial report for 2025, published after the end of the financial year on December 31, 2025. ...

Association of Cyprus Travel and Tourism Agents (ACTTA) president Charis Papacharalambous on Monday said that the island’s air connectivity is returning to normal following the resumption of key flights ...

A surge in ​energy prices since the start of the US-Israeli war on Iran piles further pressure on the retail sector ‌in Europe, already struggling with weak consumer demand and ...

Starting salaries for permanent staff in Britain declined last month at the slowest pace ​since October, according to a survey that also showed the downturn in the number of new ...

The escalating war in the Middle East has investors questioning some of 2026’s most popular trades and themes, with global equities slumping, the dollar jumping and traders scaling back their ...

Greek lender Eurobank has announced that it bought back more than 4.5 million own shares between March 2, 2026 and March 6, 2026 as part of its ongoing share buyback programme. The purchases form part ...

Crypto exchange outflows have recently spiked dramatically, with nearly 32,000 BTC, valued at approximately $2.26 billion, leaving trading platforms in just one day. On March 3, Bitfinex alone experienced its largest single-day withdrawal ...

Association of Cyprus Travel and Tourism Agents (ACTTA) president Charis Papacharalambous on Monday said that the island’s air connectivity is returning to normal following the resumption of key flights ...

The hotel industry should remain calm and show restraint as international developments continue to unfold, the Cyprus Hotel Managers Association (Pasydixe) said on Monday, urging the sector to act responsibly ...

Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of prolonged shipping disruptions gripped the ...

Cyprus’ transition into a high-tech European investment hub took center stage at the Financial Times’ London headquarters last month, as the island’s tech sector now rivals tourism in its ...

Fuel prices in Cyprus are expected to keep climbing in the coming weeks, petrol station owners’ association chairman Savvas Prokopiou said on Monday, after global crude prices surged to their ...

Cyprus experienced a sharp increase in motor vehicle registrations in 2026, with hybrid vehicles significantly expanding their share of new passenger car registrations during the first two months of the year. ...

Billionaire shipowner George Prokopiou sent at least five tankers through the Strait of Hormuz this week, the Wall Street Journal reported, in one of the boldest moves of his long ...

Larnaca and Paphos airports see 138 flights scheduled for Monday Hermes Airports on Monday announced that Cyprus’ air connectivity with Europe has been restored, following the resumption of several flights that ...

Eurobank and BNP Paribas hosted a client dinner in Nicosia on March 4, in order to discuss global investment prospects and emerging opportunities in international markets. According to an announcement from ...

Wizz Air marked International Women’s Day 2026 by operating a series of all-female flights across multiple markets, according to an official announcement. Seventy female cabin and flight crew decided to ...

Partnership seeks to improve communication between banks and Cypriot firms The Cyprus Chamber of Commerce and Industry (Keve) and the Association of Cyprus Banks on Monday officially announced the launch ...

Eurozone inflationary pressures had not fully eased even before the outbreak of war in the Middle East, with February data showing a pick-up in both headline and core inflation. Inflation ...

In a message addressing the current economic climate, Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday noted that the country is navigating challenges from a position of strength. ...

The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus’ foreclosure framework could have negative consequences for credit institutions and the wider financial system, as parliament prepares ...

Cyprus has made youth employment a priority under a new labour market strategy for 2026 – 2028, Labour Minister Marinos Mousiouttas said, while acknowledging that joblessness among under-25s remains in double digits. ...