Business

Cyprus-based biotechnology company iDNA Genomics Public Ltd on Monday announced that it approved its audited consolidated financial statements for 2025, reporting a wider loss and a sharp deterioration in its balance ...

She had paid the bills for years. She had signed the tax returns. By most measures, Belle Burden was a participant in her household’s financial life, not a bystander. ...

Cyprus recorded a further increase in building activity in April 2026, with the state statistical service (Cystat) reporting that 639 building permits were authorised, up 10.7 per cent compared with the same month ...

Greek retail group Jumbo recorded one of its strongest performances in Cyprus in July, with sales rising by approximately 14 per cent year-on-year, helping return the retailer’s overall results to ...

Former Laiki Bank depositors who lost their savings during the 2013 financial crisis have been promised further compensation in 2026, the Laiki Bank Depositors Association (Sykala) said on Monday. Sykala said President ...

Cyprus is preparing to overhaul the rules governing forced property sales, moving valuations into private hands, introducing a fixed 15 per cent reduction after an unsuccessful auction and drawing a line ...

Eurobank announced on Monday that it repurchased a total of 1,099,627 own shares on Euronext Athens between August 3, 2026, and August 7, 2026. The lender executed the share buyback transactions at an average purchase ...

Shipping companies in Cyprus and Greece could face a radically different carbon bill depending on which of four rival proposals prevails at the International Maritime Organisation (IMO), with the options ...

Tourism minister shifts focus to sustainable destinations Cyprus’ airports are handling around 50,000 passengers and 325 flights every day at the height of the summer season, as authorities reopen road access to ...

A contract for the sale of immovable property has long constituted the cornerstone of certainty and security in real estate transactions. In today’s property market, however, where land developments ...

The difficult step is not making fashion references move. It is translating color, silhouette, texture, attitude, and rhythm into a film that still feels connected to the actual collection. A ...

Research firm Omdia has sharply increased its forecast for global semiconductor revenue in 2026, saying surging artificial intelligence demand continues to outstrip the industry’s manufacturing capacity, with supply bottlenecks expected ...

Artificial intelligence, persistent inflation and growing geopolitical fragmentation will continue to define global markets, according to JPMorgan’s mid-year outlook report, with the investment bank urging investors to prepare portfolios ...

Greek households have seen both disposable income and wealth rise over the past two years, with Alpha Bank saying the gains have been driven by stronger employment, firmer economic activity, ...

Global air cargo demand rose 8.5 per cent in June compared with a year earlier, supported by shipments of high-value technology products and urgent goods, even as wider export orders remained ...

Ad-supported connected TV (CTV) video services could generate an average of $0.21 per hour of viewing if every available advertising slot were sold, according to a new report from Omdia, establishing ...

The Great Sea Interconnector (GSI) has entered a new phase. The recent decision by French infrastructure investor Meridiam to become the project’s 66 per cent majority shareholder has renewed confidence ...

The Greek economy continued to demonstrate resilience in recent months despite the ongoing crisis in the Middle East, with stronger retail sales, easing inflation and solid business lending helping to ...

The world’s six largest PC manufacturers are expected to account for a record 80.4 per cent of global notebook panel purchases in 2026, as component shortages and rising production costs increasingly ...

Here are the top business stories in Cyprus from the week starting August 3: Organising a holiday is one of the few ways I can turn five days of rest into ...

Global smartphone shipments fell by 6 per cent year-on-year to 272 million units in the second quarter of 2026, as persistently high memory prices disrupted supply chains, raised component costs and forced manufacturers ...

Global AI-related demand may exert lasting upward ​pressure on Japan’s inflation, the Bank of Japan has said, signalling its alarm ‌over mounting inflation risks that could boost the case ...

AI skills demand hits record high despite broader UK hiring slump British hiring fell in the first six months of 2026 with job postings for graduates at their ​lowest since 2020, according ...

Shein is considering lowering the cost of investment for some late-stage investors as the fast-fashion retailer pursues an IPO at a ​lower valuation, according to filings with the Hong Kong ...