Business

Two years ago, a man in Cyprus lost a quarter of a million euros in a cryptocurrency scam. In the same year, another handed more than €100,000 to an online investment ...

Cyprus’ wholesale trade recorded a sharp increase in the second quarter of 2026, while turnover from the sale and repair of motor vehicles moved in the opposite direction, according to figures ...

Cyprus employers faced higher wage bills in the second quarter of 2026, with hourly labour costs rising by 3.8 per cent year on year, according to provisional data released by the statistical ...

Cyprus recorded the largest year-on-year decline in the EU’s job vacancy rate in the second quarter of 2026, as the proportion of unfilled positions fell to 2.6 per cent, according to ...

The average interest rate on new household deposits in Cyprus fell to 1.27 per cent in July 2026, while the average rate on new housing loans rose to 3.24 per cent, according to ...

Aegean Airlines returned to profit in the second quarter of 2026, but it was not enough to prevent a €3.3 million net loss for the first half, as higher fuel and emissions ...

Global e-commerce platform Temu has partnered with the Cyprus Information Technology Enterprises Association (CITEA) in a move aimed at creating new opportunities for Cypriot technology companies to expand through digital ...

Cyprus Marine Environment Protection Association (CYMEPA) secretary general Michalis Iereidis has called on the public to take part in a survey examining how communities view shipping’s green and digital ...

Cyprus is offering organisers up to €35,000 to bring conferences and corporate events to the island, under a new four-year incentive scheme aimed at attracting higher-value visitors and boosting tourism outside ...

Cyprus-based InterMaritime Shipmanagement is expanding its presence in Germany and Northern Europe through a new joint venture with Hamburg shipping company Carsten Rehder. The two companies announced on Tuesday that ...

Cyprus’ main professional body for HR executives wants a stronger voice in shaping the country’s labour market, as employers grapple with changing working practices, workforce development and the growing ...

Cyprus and Greece are looking to strengthen economic diplomacy, attract investment and jointly pursue opportunities in third markets, Foreign Minister Constantinos Kombos said after talks in Nicosia this week with ...

Lebanon has signed the Digital Cooperation Organisation (DCO) Charter, paving the way for the country to become a full member of the organisation and creating new opportunities for cooperation with ...

Digital Innovation Hub Cyprus (DiGiNN) announced this week that it has supported hundreds of organisations and more than 1,500 professionals across Cyprus as part of efforts to accelerate digital transformation. In ...

Cyprus’ new credit scoring system reached two months of operation today, with 986 individuals and legal entities having accessed their data, according to Artemis Credit Bureau general manager Yiannis Tomasides. The ...

The Middle East’s oil map is being rewritten at sea, as attacks around the Strait of Hormuz and Red Sea push exporters towards pipelines, alternative ports and longer tanker ...

The Cyprus Chamber of Commerce and Industry (Keve) has urged Cypriot businesses in the environmental and sustainability sectors to consider attending an international trade exhibition in Budapest in October, where ...

Financial entities regulated by the Cyprus Securities and Exchange Commission (CySEC) have until today, September 15, to submit a form required to calculate their annual information and communication technology (ICT) fee ...

The European Central Bank (ECB) ​may need to gradually raise interest rates further to curb inflation before an Iran ‌war-driven rise in fuel costs starts seeping through to wages and ...

Cyprus recorded 12,930 job vacancies in the second quarter of 2026, down by 3,123 vacancies, a 19.5 per cent decrease from a year earlier, according to the statistical service (Cystat). The job vacancy rate ...

Total employment in Cyprus’ broad public sector reached 78,433 persons in the second quarter of 2026, rising by 1,119 people, a 1.4 per cent increase from a year earlier, according to the state statistical ...

The company behind plans for a new cooperative bank in Cyprus has reported an attempted online scam to police, after discovering fake websites and social media accounts claiming to help ...

The share of adults in Cyprus participating in education and training rose to 12 per cent in 2025, up from 7.5 per cent in 2015, according to figures published by Eurostat, highlighting a growing ...

Cypriot MEP Michalis Hadjipantela asked the Association of Cyprus Banks (ACB) to strengthen protection for the main homes of vulnerable borrowers who have already repaid a substantial part of their ...