Business

Standing outside Neocleous Tower, the first thing you notice is the space around it. The public square, which guides visitors to the building itself, is an increasingly rare feature in ...

Cyprus’ tourism industry remained heavily concentrated in the summer months during 2025, with Eurostat figures showing that August and July were by far the busiest periods for overnight stays in tourist ...

Geopolitical tensions impact tourism and services exports but construction remains key pillar for economic activity in Cyprus Cyprus’ economic growth slowed to its weakest pace in ten quarters during the ...

Cyprus’ industrial sector generated higher value added and recorded a modest increase in employment during 2024, according to figures released by the Cyprus Statistical Service (Cystat), with manufacturing remaining the main ...

Cyprus recorded a sharp increase in building activity during the first quarter of 2026, with the state statistical service (Cystat) reporting that the number of building permits issued rose by a ...

Entering 2026, the market remains highly volatile. From the Federal Reserve’s interest rate policy to global economic growth and international developments, every factor can influence investment market trends. For investors, ...

Telecommunications provider Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, marking a strategic investment aimed at expanding Cyprus’ digital infrastructure and strengthening ...

Cyprus has built fast over the past decade. Towers have gone up, neighbourhoods have changed and real estate has become one of the island’s most visible growth stories. But ...

Trade unions representing workers at the Electricity Authority of Cyprus will escalate their industrial action from Thursday, while insisting that electricity generation will continue uninterrupted. Speaking to CyBC radio on ...

Across Europe, entrepreneurship continues to attract significant political, academic and commercial attention. Governments have introduced startup incentives, universities have expanded entrepreneurship programmes and private investors continue supporting innovative businesses. Yet ...

The Bank of Cyprus (BoC) on Tuesday announced that it has revised its privacy statement as part of a broader strategy to ensure the comprehensive protection of personal data. This ...

Russia risks an “explosive” banking crisis because lenders are shouldering much of the burden of the country’s war economy, a European state intelligence report seen ​by Reuters has warned, ...

Cyprus recorded the highest monthly increase in the volume of retail trade among European Union member states during May 2026, according to the latest figures published by Eurostat, the statistical office ...

Cyprus’ Composite Leading Economic Index (CCLEI) remained in negative territory in June 2026, posting a year-on-year decline of 0.65 per cent, according to the latest estimates published by the Economics Research Centre ...

Alpha Bank Cyprus has announced changes to its executive committee, appointing Penny Spiliotopoulou as chief financial officer (CFO) while expanding the responsibilities of Chief Private Banking Officer Charis Kynigou Landas, ...

Cyprus recorded the highest monthly increase in industrial producer prices across the European Union during May 2026, according to the latest data released by Eurostat. Specifically, Cyprus saw a surge of 3.6 ...

The Bank of England could give Britain’s government bond market a boost this week and lower public borrowing costs by more than £1 ​billion ($1.3 billion) a year, banks say — but ...

British new car sales in June climbed 11.4 per cent from year-ago ​levels to their strongest since 2019, with battery electric vehicles taking ‌a record share of the market as consumer demand ...

Cyprus has spent the last two decades building a reputation as one of the European Union’s most active financial and fintech centres. The island hosts hundreds of CySEC-regulated investment ...

The board of directors of the Mall of Cyprus (MC) Plc has announced that it will convene its annual general meeting on July 30, 2026. Shareholders are due to review the audited ...

GlobalWealth Group PLC announced on Monday that it has reached a substantial completion regarding its strategic share exchange with the founders and shareholders of Wealthyhood Ltd. This development follows a ...

New housing loans in Cyprus recorded a significant increase in May 2026, while the average interest rate on new housing purchase loans stood at 4.06 per cent, according to the latest data ...

Landmark projects in Cyprus and Greece sees the Leptos Group expand its footprint across property, hospitality and luxury living Over more than 65 years of entrepreneurial activity, the Leptos Group has ...

Cyprus recorded a return to growth in house sales in 2025, with transactions rising by 3.8 per cent, according to Eurostat data covering EU housing market trends across member states. The increase ...