Business

Alpha Bank Cyprus has announced that it hosted a special event in Nicosia on Tuesday where it unveiled a new specialised unit aimed at strengthening its services for institutional clients ...

Cyprus residents experienced household costs that were lower than the European Union average in 2025, as a wide divide in consumer prices across the continent, according to Eurostat. Specifically, Cyprus recorded ...

Cyprus needs a more mature conversation about housing. Not only about how more homes will be built, but about what kind of homes we need. Not only about the immediate ...

AI is reshaping the global labour market into two distinct paths, while rewarding human skills such as judgement, creativity and leadership, according to a report from consulting and advisory firm ...

Prices for several basic consumer goods continued to rise in May, according to the consumer protection service, as inflationary pressures remained visible across household staples ranging from cold cuts and ...

Macroeconomic stability is real, but it is not enough. The challenge of the next decade is to move from an economy that attracts wealth to an economy that produces knowledge, ...

Regulation must keep pace with fast-moving startups, says Kruczkowska Europe’s innovation ecosystem must address persistent fragmentation and strengthen cross-border coordination if startups are to grow into global scale-ups, according ...

Outgoing Fiscal Council president Michalis Persianis joined Darius Anucauskas, Chief Market Analyst at Markets.com, on Thursday for a timely discussion on the forces shaping the global economy, as the ...

Cyprus’ construction material prices climbed further in May, according to the state statistical service (Cystat), with higher costs for metals, wood and electromechanical products continuing to shape the outlook for ...

Cyprus hotels saw an improvement in June compared with the difficult months that preceded it, although the market remains below the levels normally expected for the season, according to chairman ...

International shipping continues to operate under heightened risk across some of the world’s most important sea lanes, as renewed Houthi threats in the Red Sea, continued uncertainty in the ...

ERA warns Europe’s regional air links remain fragile Europe’s regional air connectivity remains under pressure and island states such as Cyprus risk being disproportionately affected by rising costs ...

The Cyprus Securities and Exchange Commission (CySEC) has warned regulated financial entities about the growing cybersecurity threats posed by advanced artificial intelligence models and called on firms to strengthen their ...

Europe must move beyond regulation and become a builder, deployer and scaler of critical technologies, according to Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou. Speaking at the ...

The European Union and Jordan have confirmed that a major investment conference aimed at deepening economic ties between the two sides will take place on November 19, 2026 at the Dead Sea. ...

Constantinou Bros Hotels Public Company Ltd has issued an interim profits forewarning for the first half of 2026, indicating that financial performance is expected to weaken compared with 2025. Specifically, the board ...

Cyprus-based IT distributor Asbis has confirmed that its subsidiary Asbis Middle East FZE has brought into force a new agreement with Apple Distribution International Ltd, expanding its role as an ...

Nicosia is set to become an innovation hub as the Cyprus Computer Society prepares to host the ninth Robotex Pancyprian Educational and Athletics Robotics Competition. Scheduled for Saturday, June 27, 2026, and ...

Recent warnings from the International Monetary Fund (IMF), concerns raised by the auditor-general and growing criticism from energy experts all point to the same conclusion: Cyprus urgently needs a comprehensive ...

Budget airline Wizz Air has hit out at the European Parliament and Council following a political agreement to overhaul EU air passenger rights, warning that the reforms threaten to inflate ...

George Theocharides, Chairman of the Cyprus Securities and Exchange Commission (CySEC) opened iFX EXPO International 2026 in Limassol on Wednesday with a regulatory message aimed at an industry facing sharper scrutiny, ...

AI trading bots are often marketed as tools that make trading easier. That is only partly true. A trading bot can automate execution. It can follow rules. It can react ...

Cyprus’ economy continued to display a mixed but generally resilient performance in the opening months of 2026, with strong growth in construction activity and vehicle registrations offset by weaker exports and ...

Cyprus transport minister Alexis Vafeades said on Wednesday that a long-awaited European agreement on air passenger rights is expected to come into force in early July 2027, following approval by the ...