Business

Renault Group (RENA.PA) is achieving better margins on its compact electric R5 than ​larger models like the Megane or Scenic, ‌CEO Francois Provost told French business daily Les Echos ...

Britain’s construction sector contracted sharply again in June, though the downturn eased ​slightly from May’s six-year low as commercial ‌building weakened less, a business survey showed this week. ...

The International Monetary Fund (IMF) announced this week a downward revision of its 2026 global economic growth forecast compared to its April projections, citing the ongoing war in Iran. The fund ...

The Turkish government and the Turkish Cypriot authorities on Friday signed a memorandum of understanding which foresees the construction of a natural gas pipeline between Turkey and Cyprus. According to ...

The European Securities and Markets Authority (ESMA) has launched a public consultation, active until August 12, 2026, to gather feedback on proposed revisions to the Disclosures Delegated Act (DDA) under the European ...

British low-cost airline easyJet accepted an improved takeover proposal from US private equity firm Apollo on Friday, triggering a bidding battle after the new £5.7 billion offer surpassed a rival proposal ...

MHV Mediterranean Hospitality Venture Plc held its annual general meeting (AGM) on Friday, securing a full turnout of its share capital. The company confirmed that the meeting saw participation either ...

Lordos United Public Ltd announced on Friday that it has signed an agreement to acquire a 51 per cent controlling stake in P&S Carton Industries Ltd for €8.16 million in ...

INVITATION TO TENDER Petrolina (Holdings) Public Limited (PHL) and eWise Cyprus Ltd announce the launch of a formal, competitive Invitation to Tender for the proposed sale of a portfolio of ...

Eurostat figures released on Friday showed that employment in Cyprus’ cultural sector reached 4.3 per cent of total employment in 2025, matching the European Union average. The data showed that approximately 21,900 people ...

The Central Bank of Cyprus (CBC) on Friday issued an open invitation for tenders regarding the minting, packaging and delivery of gold and silver collector coins. This procurement process, officially ...

Cyprus has just recorded the strongest half-year in the history of its property market. Between January and June, buyers deposited 10,007 contracts of sale at District Land Offices — 14.6% more than a ...

Most tankers stranded in the Persian Gulf since the Iran conflict began have now left, but the vessels needed to keep the region’s oil exports moving are not returning.  ...

The European Commission announced on Friday that it has reached a preliminary finding that Meta is in breach of the Digital Services Act due to the addictive design of its ...

The sale of shares to establish the Pancyprian Cooperative Bank will take place between July 22 and November 17, 2026, as the initiative enters its capital raising phase following approval of the public ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a formal reminder to investors that all crypto-asset services must comply with the provisions of the Markets in Crypto-Assets Regulation (...

Cyprus recorded a widening trade deficit in the first five months of 2026 as imports of goods increased faster than exports, according to final April data and provisional May figures released ...

The Bank of Cyprus (BoC) has confirmed that all future dividend payments to shareholders holding ordinary shares indirectly through depositary interests on the Cyprus Stock Exchange (CSE) will be made ...

Cyprus has joined the second phase of the European Tech Champions Initiative (ETCI 2.0), a new European investment programme aiming to mobilise €80 billion to support more than 1,500 fast-growing technology companies across ...

Eurobank has reaffirmed its support for attracting foreign investment to Cyprus by participating as an Elite Sponsor at the 13th Invest Cyprus International Investment Awards. The annual awards, organised by ...

Nearly 93 per cent of young people in Cyprus have encountered gambling-related content on social media, with Instagram emerging as the main source, according to survey findings presented by the National ...

The Finance Ministry has reviewed progress on a series of Swiss-funded projects worth more than €26 million during the fourth annual meeting held under the framework of the Second Swiss Contribution 2019...

Cyprus is estimated to receive €73 million a year in national carbon-market revenue linked to shipping, although substantially larger sums will flow to countries with much smaller maritime industries.  A new ...

The board of directors of Petrolina (Holdings) Public Ltd announced on Friday that it will convene on July 20, 2026, to discuss the company’s financial matters. The meeting is scheduled to ...