Business

Cyprus recorded a further widening of its trade deficit in October, as both imports and exports retreated compared with last year, according to new figures released on Wednesday by the ...

While Cyprus’s banking sector has matured into a reliable and regulated system, its procedures often move more slowly than today’s demand for immediacy. Residents who need short-term cash ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday announced that 25 Cypriot tourism small and medium-sized enterprises (SMEs) successfully completed their sustainability journey under the EU-funded I-STARS project, in ...

CFA Society Cyprus on Wednesday announced that it signed a memorandum of understanding (MoU) with Diversity Charter Cyprus in Nicosia to formally commit to strengthening diversity, inclusion, and equal opportunities ...

Eurobank on Wednesday announced that it has taken on the crucial role of principal employer for the MAP multi-employer provident fund in Nicosia. According to the statement, this came into ...

Cyprus is stepping up efforts to strengthen the overall quality of its tourism offering as the sector prepares for a new phase of development, Deputy Minister of Tourism Kostas Koumis ...

Cyprus’ property valuers association has recommended that investment funds, including the social insurance fund and other private schemes, participate in the construction of 500 new affordable housing units. The association argued ...

The Deputy Ministry of Tourism and the Deputy Ministry of Research, Innovation and Digital Policy are organising a conference to highlight the capabilities and prospects offered by artificial intelligence (AI) ...

Eurobank and National Bank of Greece are positioned at the top of the European banking ranking for return on equity, according to a pan-European report from UBS, which confirmed the ...

Large enterprises across the European Union, while making up a tiny fraction of the total 33.5 million companies, generated over half of the net turnover in 2024, according to Eurostat, highlighting the ...

A total of 500 new housing units for rent or sale will be created in Nicosia, Larnaca, Limassol and Paphos, President Nikos Christodoulides said on Tuesday. “This is an important measure ...

Air travel is gradually becoming more accessible as airlines, airports and regulators expand efforts to remove barriers faced by passengers with disabilities, according to the International Air Transport Association (IATA). ...

Total Market Production across the European Union and the euro area recorded a slight increase in September 2025, according to data released by Eurostat, driven primarily by growth in industrial production ...

Investors are hunting for high-return projects in the crypto market. Sub-$1 coins with strong utility are gaining attention for their ability to grow faster than established tokens like XRP. Mutuum ...

Sales of property to foreign buyers surged in the third quarter of 2025, according to the Residential Property Price Index (RPPI) report published on Tuesday by the Central Bank of Cyprus (...

Demetra Holdings Plc informed investors on Tuesday that it completed a purchase of 7,800 of its own shares as part of a buyback programme. This follows previous authorisation from its annual ...

Cyprus air travel saw significant monthly passenger traffic throughout the summer of 2025, according to data on air transport published by Eurostat this week. The report showed that the total number ...

The Cypriot banking sector’s non-performing loan (NPL) ratio remained stable at 5.5 per cent at the end of August 2025, according to the Central Bank of Cyprus (CBC), confirming the financial ...

Cyprus’ business community urged the government this week to accelerate economic modernisation, as the Cyprus chamber of commerce and industry (Keve) outlined a wide set of proposals at its 98th ...

One of the lesser known but more ambitious targets set by the Cypriot government in its programme for its six-month term as the holder of the Council of the European ...

Cyprus is moving to strengthen infrastructure, regulation and environmental standards as part of a new strategy to turn diving tourism into a core pillar of its tourism offering, according to ...

Cyprus-based Columbia Shipmanagement has renewed its commitment to advancing gender diversity at sea, following a full day of dialogue and reflection at the She Beyond Conference in Manila, where female ...

Piraeus remains Europe’s fifth-largest container port, holding its position despite the severe disruption caused by attacks in the Red Sea and the extensive rerouting of vessels around Africa. Although ...

Greek retailer Jumbo Group maintained its growth trajectory in November 2025, even as it operated against last year’s exceptionally strong comparison base. Despite that, the company recorded a sales increase ...