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.
Cyprus appears to generate more Tinder revenue per resident than Greece or Portugal, while its use of generative AI is also unusually high. Now a new class of matchmakers is ...
By Nektarios Michail
Let’s start with a history reminder: following a “peak” at 0.75 per cent in mid-2011, the ECB continued to cut its policy rates until the deposit facility ...
Cyprus must adopt a balanced and long-term energy strategy combining conventional power generation, renewable energy, storage, electricity interconnection and demand management, energy systems expert and former Cyprus Energy Regulatory Authority (...
A version of Chinese startup DeepSeek’s flagship AI model is by far the least expensive to run on benchmark tests among well-known models globally and more than 100 times cheaper ...
Global investors pulled back from South Korean stocks through a wild turn in July but are keeping faith with the heavyweight chipmakers on the view that their growth momentum is ...
British manufacturing activity expanded for a ninth straight month in July but at the slowest pace in four months, according to purchasing managers’ data that points to a renewed impact ...
Most Credit Card users focus on the payment due date to avoid late fees and interest charges. However, the bill generation date, often called the billing date or statement date, ...
The Cyprus Securities and Exchange Commission (CySEC) has announced that it will take part in a European-wide supervisory exercise examining the digital resilience of crypto asset service providers that offer ...
The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it has imposed administrative fines on 12 listed companies for breaching transparency rules relating to the publication of their annual ...
Used vehicles drove a strong increase in Cyprus’ motor market during the first seven months of 2026, while registrations of new vehicles continued to decline, according to figures released by the ...
Both the European Commission and former energy minister George Papanastasiou found themselves at odds with incumbent Energy Minister Michael Damianos on Friday over Damianos’ claim that the planned Great Sea ...
Cyprus allocated approximately €112 million to research and development (R&D) in 2025, almost doubling government funding over the past decade despite a decline from the previous year, according to figures ...
European Union exports of alcoholic beer to non-EU countries fell by 11 per cent in 2025, according to a report released by Eurostat on Friday.
The release of the statistical figures coincided ...
The Cyprus Chamber of Commerce and Industry (Keve) will host a business forum and business-to-business meetings with a Palestinian business delegation in Nicosia on September 10, 2026, aiming to strengthen commercial ties ...
The Central Bank of Cyprus (CBC) announced on Friday that it is accepting applications to fill two senior vacant positions within its workforce.
Specifically, the financial institution is seeking qualified ...
Beverage company Keo plc on Friday announced that technical issues with its dividend calculation software may cause a delay in distributing its approved dividend to shareholders.
The announcement follows the ...
Demetra Holdings Plc repurchased 3,340 of its own shares at a price of €1.465 per share on August 6, 2026, according to an official announcement released by the company on Friday.
The transaction was ...
PwC Cyprus chief executive Andreas Yiasemides has been appointed chairman of the council of the University of Cyprus for a three-year term.
The appointment was made by the Cabinet and ...
Michalis Kammas has pledged that he and the board of the newly established Cyprus Business Development Organisation will “do everything we can” to achieve the government’s objectives, following his ...
Cyprus has been showcased in a new international video released by the International Social Security Association’s Construction Section (ISSA-C), highlighting examples from the island that promote workplace safety, health ...
The strategy is stronger than a typical policy vision document. It understands Cyprus’s structural weaknesses and proposes institutions, infrastructure, sector-specific applications and governance mechanisms.
Its central weakness is execution ...
Something has quietly happened to business communication over the past couple of years. A large and growing share of the emails, landing pages, LinkedIn posts, and client updates you read ...
EmissionLink managing director Philippos Ioulianou has called for fairer treatment of shipping under the proposed expansion of the EU Emissions Trading System (EU ETS), warning against double charging and urging ...
Cyprus must adopt a balanced and long-term energy strategy combining conventional power generation, renewable energy, storage, electricity interconnection and demand management, energy systems expert and former Cyprus Energy Regulatory Authority (...