Business

Eurobank has emerged as the preferred pick among Greece’s four systemic banks after Euroxx upgraded its estimates and price targets for the sector, citing strong second-quarter results, improved earnings ...

George Karatzias was appointed chairman of the Cyprus Securities and Exchange Commission (CySEC) on Thursday, returning to the regulator just over two years after leaving to become an executive director ...

The International Maritime Organisation (IMO) is heading towards a decisive December showdown over its Net-Zero Framework, with Greek and Cyprus shipping voices warning that the final rules must work in ...

Athens International Airport is reshaping its major expansion programme after passenger traffic rose 4.5 per cent in the first half of 2026, with the airport now planning a more phased approach that ...

Borrowers with floating-rate loans will see their repayments rise following the European Central Bank’s (ECB) latest interest rate increase, although the impact will not be immediate, the Association of ...

Sir Stelios Haji-Ioannou is putting €200,000 behind Cyprus’ young entrepreneurs for a fourth year, with three cash prizes on offer to business founders under 34 as the 2026 Stelios Awards return. The Stelios ...

Cyprus’ business competitiveness hinges on green and digital shift, says minister Cyprus’ business competitiveness increasingly depends on the green and digital transition, Commerce Minister Michael Damianos said on Thursday, noting ...

The European Central Bank (ECB) raised its three key interest rates by 25 basis points on Thursday, citing continued inflationary pressures from the conflict in the Middle East and warning that ...

Cyprus technology sector leads decades-long surge in productivity Productivity growth in Cyprus remained concentrated in a small number of sectors over the past three decades, with information and communications technology (...

Cyprus recorded a 3.5 per cent year-on-year increase in agricultural output prices in the second quarter of 2026, making it the third-highest increase in the European Union, according to Eurostat data published ...

Cyprus’ cabinet on Thursday approved five tourism incentive schemes covering Kato Pyrgos, conferences, foreign sports teams, rural experiences and Christmas villages, seeking to attract visitors beyond the island’s established ...

George Karatzias was appointed chairman of the Cyprus Securities and Exchange Commission (CySEC) on Thursday, returning to the regulator just over two years after leaving to become an executive director ...

A navtex, a message used to transmit information to seaborne vessels, will be issued “in the coming days” to warn sailors of plans to conduct seabed surveys for the laying ...

Cyprus’ state-owned asset management company Kedipes expects its repayments to the government to exceed €2 billion during the final quarter of 2026, as it moves away from loan portfolio sales and places ...

The Finance Ministry announced on Thursday that the final trading date for the 13-week Treasury bills 6th edition, Series 2026, will be September 14, 2026. The government securities, which are traded under the ...

Cyprus and Bahrain step up efforts to expand trade and investment ties Cyprus and Bahrain are seeking to deepen business and maritime cooperation, with Cyprus Chamber of Commerce and Industry (...

Passenger traffic through Larnaca and Paphos airports was 7.9 per cent higher in the first eight months of 2026 than in the same period of 2024, despite a sharp spring disruption linked to ...

Europe is facing an “existential” question over its place in a world increasingly shaped by artificial intelligence, economic protectionism and the growing power of China and India, former Portuguese minister ...

Safe Bulkers has raised €80.4 million from its private placement, giving the Cyprus-linked dry-bulk shipowner additional room to fund its sizeable newbuilding programme while keeping the option of further vessel purchases ...

Commercial transactions are founded on trust and on the expectation that every payment serves a specific purpose. A deposit, the purchase price or any other payment is made because the ...

Cyprus still has plenty going for it in investors’ eyes, but expensive energy, slow paperwork and limited international connections are taking some of the shine off the island’s business ...

The Limassol Chamber of Commerce and Industry (Evel), in co-operation with the Italian Embassy in Cyprus, will hold a major business forum on shipping and Cyprus-Italy economic relations on October 9, 2026, ...

The board of directors of Mitsides Public Company Ltd will convene on September 28, 2026, to review and consider the approval of the interim consolidated financial statements for the period ended June 30, 2026. ...

Cyprus, Greece, Malta and Italy have agreed to strengthen their common front on European shipping, signing a joint declaration in Limassol on Wednesday as they seek greater influence over decisions ...