Business

The Cyprus Stock Exchange (CSE) has suspended trading in bonds issued by iDNA Genomics Public Ltd for up to two months after the company failed to appoint a replacement trustee ...

Cyprus’ administrative court has annulled a €175,522 administrative fine imposed on K. Kythreotis Holdings Public Ltd subsidiary K. Kythreotis – Skyrodema Ltd by the Commission for the Protection of Competition (CPC), ruling ...

Cyprus households held €62.57 billion in financial assets at the end of 2025, with more than half of their holdings kept in cash and bank deposits, while outstanding household loans approached €20 billion, ...

Cyprus’ retail trade turnover increased by 10.4 per cent in value and 7.7 per cent in volume in September 2026 compared with the same month a year earlier, according to figures released by ...

Eurobank reported €367 million in profit before tax from its Cyprus operations for the first nine months of 2026, as the group’s overall net profit attributable to shareholders rose to €1.16 billion, ...

Cypriot investment firm Demetra Holdings Plc completed the repurchase of 3,358 own shares on October 30, 2026, as part of its ongoing corporate capital management strategy, involving a total financial outlay of €4,432.56. The ...

Traders are keeping faith, for now, in the world’s biggest cryptocurrency exchange after Binance was hit with a $6.3 billion heist, though larger investors are likely to turn cautious on ...

The Employers and Industrialists Federation (Oev) on Monday released an announcement reviewing a conference it held late last month at its headquarters in Nicosia, where it highlighted opportunities for social ...

Financial institutions in Cyprus face growing risks from prolonged cyberattacks, after a distributed denial-of-service (DDoS) attack targeting a bank lasted 200 hours in the third quarter of 2026, according to cybersecurity company ...

The euro area economy has weathered a fresh energy price shock better than expected, according to the European Central Bank (ECB), with improved energy efficiency, government spending and a global ...

The software licensing decisions made by businesses can have a significant impact on their carbon emissions and technology spending, with pressure to upgrade programs potentially forcing companies to replace computers ...

Artificial intelligence is boosting productivity at companies worldwide, but many chief executives are struggling to turn efficiency gains into higher profits and sustainable growth, according to an EY-Parthenon survey that ...

Euro area banks tightened lending standards for businesses and consumer credit in the third quarter of 2026, while demand for business and housing loans fell, as higher interest rates, geopolitical uncertainty ...

Cyprus sought to strengthen its position in three major Asian shipping markets during a series of high-level meetings and industry events in Japan, China and South Korea between October 13-29, ...

Cyprus’ recent economic expansion and strong fiscal performance come against a backdrop of moderating growth across the European Union, where gross domestic product (GDP) increased by 0.5 per cent in the ...

Anthropic disclosed steep losses and explosive revenue growth on Monday as the Claude parent moved closer to a potentially record-breaking IPO, betting on AI’s ability to reshape the global ...

Here are the top business stories in Cyprus from the week starting October 26: Cyprus’ startup and innovation ecosystem is entering a more consequential phase, with government, investors, researchers, universities and ...

A majority of Europeans have a negative view of innovative food products, despite recognising their potential to help farmers tackle climate change and other challenges, according to a European Commission ...

Inspired by nature, EU-funded researchers have developed a system that uses sunlight and water to produce green hydrogen, potentially opening a new route to producing and storing renewable energy locally. ...

Cyprus’ remote working offers flexibility but exposes home costs and workplace inequalities Cyprus has introduced legislation for remote working, extended the option to civil servants and recognised the benefits of ...

The Limassol Chamber of Commerce and Industry (Evel) has called on the government to provide clear answers and a binding timetable for the development of the Pentakomo Science and Technology ...

Cyprus recorded higher government revenues and expenditure during the first nine months of 2026, while the implementation of development spending accelerated compared with previous years, according to a report published on ...

For founders in Cyprus, turning an idea into a business involves more than developing a product. It means testing demand, protecting intellectual property and finding customers and funding. The island’...

Working at height remains the most frequent cause of workplace accidents in Cyprus, the Labour Inspection Department has warned, following a serious incident at a factory in Larnaca that left ...