Business

Cyprus’ tourism sector needs to adapt more quickly to a changing international environment, with greater emphasis on quality, higher value per visitor and the use of technology and artificial intelligence, ...

Strong and expanding air connectivity remains crucial to the sustainable growth of Cyprus tourism and the wider economy, Hermes Airports said on the occasion of World Tourism Day. The company ...

Capital.com has launched direct investing in stocks and exchange-traded funds (ETF) across Europe, marking its next step towards becoming a multi-asset trading and investment platform. According to the company, ...

National Bank of Greece is bringing senior technology and investment executives to Cyprus for Innovation Cyprus 2.0, with Microsoft, Mastercard, Amazon Web Services and leading investment funds set to take part ...

Cyprus is heading into the autumn with one of the strongest growth rates in the EU, but rising energy costs, higher interest rates and weaker external demand could determine how ...

Cyprus’ petroleum product sales returned to annual decline in August, falling 1.4 per cent to 121,646 tonnes, according to figures released on Monday by the state statistical service (Cystat). The result reversed ...

HR must move from a support function to a central role in business transformation as companies adapt to AI-driven change, according to Andreas Papadopoulos, Senior Manager Advisory at PwC Cyprus. ...

Limassol-based Island Oil (Holdings) Ltd has rebranded as Island Energies, introducing a new corporate identity that reflects the group’s evolution, broader energy focus and future direction after more than ...

Shipping Deputy Minister Marina Hadjimanolis is travelling to Brussels on Monday for high-level talks on the future of European shipping and ports, with competitiveness, geopolitical pressures, fleet renewal and decarbonisation ...

Bank of Cyprus (BoC) introduced transactions directly in Indian Rupees (INR) for businesses and individuals, according to the bank, as it seeks to expand payment links with India and strengthen ...

As more everyday services move online, a CYENS-developed platform is aiming to help seniors and people in rural and remote areas of Cyprus use smartphones and digital services with greater ...

Hermes Airports is stepping up efforts to reduce Cyprus’ reliance on peak-season tourism, working with airlines and tourism operators to attract more passengers outside the traditional summer months and strengthen ...

Cyprus should make artificial intelligence and digital transformation a central part of its tourism strategy, the Hotels Association (Pasyxe) said on Sunday, arguing that technology could help strengthen the sector’...

More than 5,000 people attended European Researchers’ Night 2026 in Nicosia, as the annual science and innovation event marked 20 years in Cyprus, according to the Research and Innovation Foundation (RIF). The event, ...

The European Banking Authority (EBA) has issued new guidelines on third-party arrangements supporting critical or important functions, as part of efforts to simplify the EU banking sector’s regulatory framework. ...

The value of European Union petroleum oil imports rose sharply by 55.8 per cent in the second quarter of 2026, according to Eurostat. Despite the steep rise in total cost, the volume ...

The steady rise in use of electric vehicles across the US is creating a two-tiered fuel market, splitting motorists between those whose costs are dictated by global oil markets and ...

Global display panel manufacturers are expected to reduce production in October as weaker television and IT demand puts pressure on inventories, according to marekt intelligence firm Omdia. The average utilisation ...

Recently I have been writing about financial matters and the risks associated with rising interest rates in the US. For sure, the phenomenon is not limited to the United States. ...

For years, the race to build ever-more powerful artificial intelligence followed a well-worn Silicon Valley principle: move fast and break things. But in a series of cascading events over a 10...

Researchers, farmers and tech companies are developing open-source tools to tackle crop disease, irrigation and patchy internet, making digital farming cheaper, more practical and easier for farmers to trust. By ...

Here are the top business stories in Cyprus from the week starting September 21: The European Central Bank (ECB) has warned that euro area households are keeping too much of their ...

The European Central Bank launched a new service this week linking its payment system to blockchain-based financial markets and said ​it would invest some of its own money in digital ‌...

It has job titles, mutual connections and fewer bathroom selfies. No wonder some people are getting confused  In Cyprus, flirting on LinkedIn carries one fairly obvious risk. There is every ...