Business

Finance Minister Makis Keravnos on Friday called for greater flexibility in EU fiscal rules to allow member states to increase spending and support households and businesses struggling with inflation and ...

Trips lasting at least one night by Cyprus residents rose by 13.3 per cent in 2025, reaching 3.82 million in total, as travel continued to increase across the European Union, according to figures ...

Cyprus’ property valuation professionals have called for faster building permit approvals, formal access to reliable property data and regular safety inspections of buildings, as the sector seeks to improve housing ...

The National Bank of Greece has bought back 715,447 of its own shares for a total of €12.29 million between September 30 and October 8, 2026, as part of a share repurchase programme approved by ...

The Cyprus Cement Public Company Ltd repurchased 2,170 of its own shares on October 8, 2026, through brokerage firm ProChoice Chrimatistiriaki Ltd as part of its ongoing capital management programme. The company issued ...

Cyprus’ short-term economic outlook improved in September 2026, supported by stronger property activity, increased card spending and rising retail sales volumes, although higher oil prices and weaker confidence among consumers and ...

A shortage of almost 39,000 qualified officers is adding to the challenges facing international shipping, with International Chamber of Shipping (ICS) Secretary General Thomas Kazakos calling for coordinated action on seafarer ...

Spyros Papavassiliou, deputy CEO and executive board member of Island Energies, formerly Island Oil (Holdings), received the 2026 ‘Ge’ Néo Epicheirein’ award for shipping enterprises, recognising his leadership and contribution ...

Safe Bulkers awarded €100,000 in scholarships to ten students for the 2026-2027 academic year, continuing its support for maritime education in Cyprus through a programme now in its sixth consecutive year.  ...

WISTA Cyprus brought members and their families together in Limassol for a children’s workshop dedicated to the Mediterranean monk seal, the sea and the marine environment, as part of ...

Renting a two-bedroom flat in Limassol can swallow as much as 91 per cent of an average salary, emphasising the growing cost of housing in Cyprus and the widening gap with ...

Eurobank has reaffirmed its support for young entrepreneurs and innovation in Cyprus, backing the annual youth entrepreneurship awards organised by the Cyprus Chamber of Commerce and Industry (Keve). The bank ...

The Cyprus Stock Exchange (CSE) has taken action against seven companies listed on its Emerging Companies Market after they failed to submit and publish their half-yearly financial reports by the ...

Marine dry-bulk shipping company Safe Bulkers has increased its issued share capital to 113.84 million shares after Euronext Athens approved the listing of 5,226 new shares allocated to its independent directors under ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that a new cycle of free training for beekeepers in Cyprus will begin on October 17, 2026, under the European Union-funded PLANBEE ...

The Cyprus Stock Exchange (CSE) will suspend trading in the 7th issue of Cyprus’ 13-week Treasury Bills for 2026 from October 20 to October 22, ahead of their delisting on October 23. The suspension ...

The Tel Aviv Stock Exchange, known in financial circles as “the Bursa”, is considering a bid for the Cyprus stock exchange (CSE), according to Israeli media reports. A source close ...

Before buying their first Bitcoin miner, many people open a mining profitability calculator, select a machine, enter an electricity rate, and check the estimated daily earnings. Once that machine starts ...

Cyprus recorded a €1.59 billion general government surplus in the first eight months of 2026, according to preliminary figures from the Cyprus Statistical Service (Cystat), marking a substantial increase from the same ...

Inflation in Cyprus accelerated to 3.7 per cent in September, according to the Cyprus Statistical Service (Cystat), as sharply higher fuel, electricity and housing costs continued to put pressure on household ...

Wizz Air has been named the second-best airline in Central Europe at the 2026 Skytrax World Airline Awards, as the low-cost carrier continues to expand its network and invest in improving ...

Seventeen Cypriot and 40 Greek companies took part in a Cyprus-Greece Business Forum in Athens on October 8, 2026, as business organisations from both countries sought to strengthen commercial ties and explore new ...

Former Cyta CEO Andreas Neocleous is joining PwC Cyprus as Chief Consulting Officer (CCO) on October 16, bringing more than 25 years of experience in strategy, business and digital transformation, and innovation.  ...

Foreign-controlled enterprises accounted for 10 per cent of jobs in Cyprus in 2024 while generating €4.76 billion in value added, highlighting their relatively small presence by number but significant contribution to the economy, ...