Business

Cyprus should actively encourage mergers and acquisitions to help overcome the structural weakness of its business landscape and lift the country’s competitiveness, the Cyprus Economy and Competitiveness Council said ...

Upper-middle class see strongest income growth in Cyprus Cyprus’ middle income class continued to dominate the income distribution in 2024, accounting for almost two-thirds of the population, according to figures published ...

The Cyprus Union of Bank Employees (Etyk) on Monday announced that it has reached an agreement in principle with the Cyprus Bankers Employers Association (Kest) to renew their collective agreement ...

Liudmila Marochkina did not come into technology through engineering. She now leads SPORTSOFT, the Cyprus-based IT company working with organisations navigating rapid digital change. As CEO, she focuses less on ...

The cost of the Christmas meal in Nicosia remained unchanged in 2025, while the cost of a reduced grocery basket for lower-income households rose by 9 per cent compared with last year, ...

Cyprus has formally set out the political and institutional framework of its upcoming Presidency of the Council of the European Union, using a presentation in Lefkara to outline priorities that ...

The concept of “fair rent” under the Rent Control Law is not synonymous with what each landlord or tenant may subjectively consider a “reasonable” rent. The legislator has set specific ...

As climate change becomes a major driver of migration, EU-funded researchers are listening to affected communities to help support fairer policies for those most at risk. By Andrew Dunne Climate ...

Scientists in Italy are developing sweet snacks with lab-grown plant cells and fruit residues, producing a material that a 3D printer can then process into ‘pastries’ with high nutritional content. ...

The European Union exported and imported record levels of services in 2024, according to a report from Eurostat. Specifically, EU countries exported services worth €1 568 billion to countries outside the bloc in 2024, ...

Eurostat has reported that the European Union reduced its primary energy consumption in 2024, bringing it closer to its 2030 efficiency targets and signalling progress that also matters for energy-dependent countries such ...

Agricultural prices across the European Union rose again in 2025 after a brief dip, according to Eurostat, with Cyprus standing out for recording one of the slowest increases in milk prices, ...

The Cyprus Statistical Service (Cystat) has announced the launch of a new Dashboard for Short-Term Economic Indicators, aiming to give the public a clearer and more accessible overview of recent ...

Cyprus continued to increase its share of renewable energy in gross final energy consumption, according to Eurostat, highlighting steady progress on the island’s energy transition as the European Union ...

Cyprus recorded levels of actual individual consumption close to the EU average during 2024, according to Eurostat, reflecting relatively strong household material welfare compared with several other member states. Across the ...

The Cyprus Statistical Service (Cystat) has that it will introduce significant changes to the Consumer Price Index from January 2026 onwards, aiming to better reflect current consumption patterns and improve the ...

Kyndryl, a leading global provider of mission-critical enterprise technology services with a presence in Cyprus, has announced the launch of enhanced agentic AI capabilities and a unique design process.  The ...

Mutuum Finance (MUTM) is making waves in the world of decentralized finance. This new crypto aims to offer real utility, attractive yields, and a strong growth trajectory. With the presale ...

For Josie Christodoulou, gender equality is not a single policy challenge to be solved in isolation, nor a slogan to be repeated. It is a question of how societies are ...

It is simply the natural expression of a society whose talent has always extended far beyond the narrow boundaries it was historically allowed to occupy. If anything still appears “exceptional” ...

Fatalities resulting from railway accidents across the European Union dropped by 10.8 per cent in 2024 compared with the previous year, falling to 750 from 841 deaths, according to new data released by Eurostat ...

Here are the top business stories in Cyprus from the week starting December 15: Eurogate Limassol is preparing to expand storage capacity at its Container Terminal by demolishing one of two ...

The euro area recorded a trade in goods surplus of €18.40 billion with the rest of the world in October 2025, according to Eurostat. This is significantly higher than the €7.10 billion surplus ...

Garanti Bank (GARAN.IS) expects another tough year for Turkish lenders in 2026, with growth likely to remain constrained as authorities keep most credit restrictions in place to tame inflation, CEO ...