Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Replying to a fraudulent text may feel satisfying, but it can validate an active number and open the door to a more convincing con. In Cyprus, the bait increasingly resembles ...
Construction output across the euro area and the European Union saw a modest rise during May 2026, according to the latest figures released by Eurostat.
Seasonally adjusted production grew by 0.4 per ...
Artificial intelligence is allowing employers to examine years of online activity within hours, turning forgotten posts, anonymous accounts and even deleted profiles into potential career liabilities.
The warning that jobseekers ...
Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the US and ...
The European Commission this week published new guidelines to help artificial intelligence (AI) providers and users comply with transparency requirements under the EU’s AI Act, with the rules set ...
A Cyprus-based venture capital firm is positioning itself ahead of anticipated landmark IPOs in the artificial intelligence sector, with its leadership arguing that the flotations could reshape global valuation benchmarks.
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The next great technology battle will not be fought in our pockets. It will take place on our faces.
More than a decade after Google Glass became a cautionary tale ...
31.6 million people were employed in the EU during 2024 to satisfy the final demand for goods and services from non-EU economies, according to a report from Eurostat.
This figure accounts for 14.4 ...
Recent opinion surveys indicate that the affordability crisis is the most pressing concern for Cyprus households. Indeed, many state their inability to cope with daily cost-of-living pressures and doubt that ...
Businesses across Europe are reworking IT budgets as they look to cut operating costs and get more from the software they already pay for, according to a new study by ...
Cyprus brought together 27 Port State Control inspectors from 11 Mediterranean countries for specialist training on cargo securing, strengthening regional cooperation on maritime safety and ship inspections.
The two-day seminar, held on ...
Air transport prices in Cyprus fell in June while average air fares across the European Union continued to rise, according to figures released by Eurostat this week.
The EU statistical ...
The euro area’s private sector improved far more than expected in July, with activity returning to pre-escalation levels after the conflict with Iran, even as the latest flare-up threatens ...
By Theodoros Loukaidis, Director General of the Cyprus Research and Innovation Foundation
We often speak about young people as the leaders of tomorrow. Truth is, many of them are already ...
Cyprus implemented 25 per cent of its 2026 development budget during the first half of the year, maintaining the same pace as in the corresponding period of 2025 and running above the 22 per ...
The European Central Bank (ECB) left its key interest rates unchanged earlier this week, with Central Bank of Cyprus (CBC) governor Christodoulos Patsalides warning on Friday that the broader effects ...
The Central Bank of Cyprus (CBC) on Friday called on citizens to take part in a Europe-wide survey launched by the European Central Bank (ECB), inviting the public to help ...
A major international crackdown on botnet infrastructure has failed to reduce cyber risks facing businesses in Cyprus, according to new data released by cybersecurity company Qrator Labs for the second ...
The European Central Bank (ECB) on Friday released the latest results of its Consumer Expectations Survey for June 2026, showing a broad easing in inflation expectations and a mixed outlook for ...
Cyprus had one of the lowest levels of precision farming adoption in the EU in 2023, with only about 1 per cent of farms using such technology, according toa report from Eurostat.
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The anticipated IPOs of Anthropic and OpenAI could be among the most consequential market events of a generation by setting a benchmark valuation for AI-native firms.
Alexey Garyunov, general partner ...
Demetra Holdings Plc on Friday announced to investors that it purchased more of its own shares during the trading session on July 23, 2026.
The share repurchase was executed through the Cyprus ...
Trade unions representing hotel and leisure-centre workers in Cyprus have called for immediate workplace inspections, warning that the use of temporary workers supplied on a “rental” basis is rising sharply ...
The head of the International Maritime Organisation (IMO) has condemned renewed attacks on commercial vessels in the Red Sea, warning that the violence is endangering seafarers and placing further pressure ...