Business

Advance bookings from Britain’s three largest tour operators for 2027 are running between 20 and 30 per cent below last year’s levels, raising fresh concerns for Cyprus’ tourism industry despite signs ...

The company contributed nearly €343 billion to the EU economy, including €22.3 billion directed to European suppliers, €27.4 billion invested across its European operations, and €39.5 billion in exports, while PMI’s European value ...

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks (ACB), has helped introduce standardised environmental, social and governance (ESG) assessments to Cypriot businesses through an international platform designed ...

Ryanair is cutting 20 routes and more than one million seats from its Belgian winter schedule, warning that air fares are expected to rise significantly in 2027 as higher fuel costs add ...

The landmark commercial hub integrates wellbeing into the working day with a state-of-the-art gym combining panoramic sea views with smart fitness technology and expert support Neocleous Tower is redefining the ...

The Central Bank of Cyprus (CBC) has highlighted the importance of official statistics in helping citizens, businesses and policymakers understand economic and social developments, marking European Statistics Day on Tuesday. ...

Tourism and hospitality company Louis plc will ask shareholders to approve a restructuring and refinancing of the group’s borrowing at an extraordinary general meeting on November 11, under plans involving ...

International Chess Federation (FIDE) president Timur Turlov and Freedom24 chief executive Evgenii Tiapkin met President Nikos Christodoulides at the Presidential Palace in Nicosia on Monday to discuss the development of ...

By Stelios Constantinou As more businesses turn to alternatives to traditional banking, understanding how their funds are protected is becoming increasingly important The way businesses manage and move money is ...

Methodological errors in structural verification rarely stop a calculation. The solver finishes normally, reports no numerical warning, and can still produce results that look plausible. This article walks through six ...

Cyprus recorded the third-highest tourism intensity in the European Union in 2025, with an average of 19.4 nights spent in tourist accommodation per resident, according to a report from Eurostat. The island ...

Cyprus’ licensed betting market saw wagers fall by €30.3 million to €329.8m in the second quarter of 2026, but bookmakers retained more after paying out winnings, according to figures from the National ...

Cyprus-registered Enteca Plc has approved an interim dividend of €0.06 per Class B share, with payment scheduled for October 30, following a review of its financial position and future commitments. The company’...

Paphos increased its share of Cyprus’ off-plan housing market in the third quarter of 2026, while Limassol strengthened its position by transaction value, as recorded sales of apartments and houses under ...

Cypriot women pursuing postgraduate studies in shipping, innovation and technology can apply for six state scholarships worth €5,000 each, following an announcement on Monday by the Gender Equality Commissioner’s Office ...

The National Bank of Greece has purchased 330,000 of its own shares for a total of €5.36 million as part of an ongoing buyback programme approved by shareholders earlier this year. The ...

Cyprus recorded its strongest September for tourist arrivals on record, with visitor numbers rising by 1.8 per cent year-on-year as increased arrivals from Israel, Britain and Greece helped offset steep declines ...

The Digital Cooperation Organisation (DCO), which counts Cyprus among its members, has launched the second edition of its Digital Prosperity Awards, inviting applications and nominations for digital solutions that deliver ...

Cyprus had 17.1 per cent of its population at risk of poverty or social exclusion in 2025, below the European Union average of 20.9 per cent, according to figures published by Eurostat. The ...

Online financial markets publication Finance Magnates has reported that FxPro has agreed to sell its Cyprus entity’s client book to Capital.com, with the transaction awaiting approval from the ...

Petrolia SE has proposed a cash distribution of $0.02 per share, equivalent to 0.189 Norwegian kroner, with payment expected to take place around November 25, subject to shareholder approval. The company, which operates ...

Energy Minister Michael Damianos on Monday stressed the Cyprus government putting money forward for the construction of the Great Sea Interconnector is conditional on there being progress made in its ...

Foreign workers more likely to be in Cyprus’ lowest and highest pay brackets The median gross monthly earnings of employees in Cyprus rose by 3.8 per cent to €1,953 in 2025, according to ...

Cyprus’ banking sector non-performing loan (NPL) ratio fell to 1.5 per cent at the end of July 2026, down from 1.6 per cent a month earlier, according to updated figures published by the ...