Business

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 ...

Cyprus wants to become a trusted regional artificial intelligence hub in the Eastern Mediterranean, using technology to improve people’s lives and strengthen the economy without allowing it to weaken ...

TechIsland has presented the first-year results of its €2 million Wildfire Initiative, showing how an emergency appeal launched after the devastating fires of 2025 has developed into a long-term programme spanning prevention, ...

US chipmaking giants Intel and Advanced Micro Devices are signing longer-term purchase commitments with Chinese server customers ‌for data-centre processors as prices surge, two people familiar with the talks said. ...

Aegean Shipping Management marked a fresh stage in its fleet renewal earlier this week, with the naming ceremony of its new tanker M/T Green Liberty at COSCO Yangzhou Shipyard ...

The European Commission recently adopted a communication addressing the competitiveness of the EU banking sector to strengthen the Single Market for banking. European Commission President Ursula von der Leyen stated ...

The Electricity Authority of Cyprus’ (EAC) trade unions, Epopai, Sidikek, Sepaik and Syvaik, announced on Thursday that they had suspended planned strike action until September, citing the “difficult conditions” facing ...

Paphos has been named the world’s best destination for sunrise and sunset views in a ranking from the European photo-printing company Cewe, the Paphos regional tourism board (Etap) shared ...

Power cuts across Cyprus left 14 people trapped in lifts on Wednesday night, prompting multiple rescues by the fire brigade, which cautioned that responsibility for such incidents lies primarily with lift ...

The Electricity Authority of Cyprus (EAC) will remain central to the country’s energy transition as the government pushes ahead with investments in electricity networks, energy storage and conventional generation ...

Cyprus-based mobile game developer Top App Games Ltd announced on Thursday that its strategy RPG Ludus: Merge Arena has passed $50 million in net revenue since launch, with $66 million in gross ...

As the regulatory environment for digital assets under the U.S. Genius Act continues to improve, the U.S. is gradually entering what the market calls the “Trump Crypto Era,” ...

The European Central Bank (ECB) kept its three key interest rates unchanged on Thursday, saying it remains closely monitoring the impact of the Middle East conflict on energy prices and ...

Energy Minister Michael Damianos said on Thursday that every effort would be made to avoid further electricity cuts overnight, expressing confidence that the installation of 120MW of energy storage capacity ...

Cyprus remained below the European Union average for renewable energy use in 2025, with renewables accounting for 21.5 per cent of the island’s gross final energy consumption, according to Eurostat. The ...

Cyprus is seeking to deepen cooperation on artificial intelligence, cybersecurity and digital resilience, following a working meeting between Communications Commissioner Marios Pieris and Chief Scientist for Research, Innovation and Technology ...

In the modern business world, symbols are no longer merely decorative elements. They have evolved into a fully-fledged language of communication. Through signs, colors, shapes, and visual codes, companies convey ...

Cyprus is experiencing rapid growth in solar power, but increasing amounts of renewable energy are being curtailed because the electricity grid cannot absorb all the power generated during periods of ...

The European Central Bank (ECB) reported this week that non-cash payments across the euro area continued to expand during the second half of 2025, while Cyprus emerged as the bloc’s ...

Heathrow Airport welcomed a record 40 million passengers during the first half of 2026, despite geopolitical uncertainty affecting parts of its global network, according to financial results published this week. The airport ...

Energy Minister Michael Damianos has said that he is “delighted” that United States President Donald Trump has taken an interest in energy production in the region around Cyprus. “I believe ...

Unigrowth Investments Public Ltd on Thursday issued a profit warning for its unaudited half-year results for the period from January 1, 2026 to June 30, 2026. The company said that, based on the indications ...

Cyprus’ heavy dependence on road transport, above-average traffic congestion and strong road safety performance were among the findings highlighted in a new European Commission report published this week examining transport ...

TechIsland has presented the first-year results of its €2 million Wildfire Initiative, showing how an emergency appeal launched after the devastating fires of 2025 has developed into a long-term programme spanning prevention, ...