Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
For most of a person’s working life, the standard advice around investing is fairly consistent: stay in the market, ride out the dips, and let time do its job. ...
Eurobank S.A. announced on Friday the formal cancellation of 28,097,019 own shares, each with a nominal value of €0.22, following a decision made during the Annual General Meeting held on April 28, 2026.
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The Mall of Engomi Plc‘s board of directors announced on Friday the declaration of an interim dividend for the 2026 financial year totalling €1,000,000.
The distribution of this dividend will be ...
The Cyprus Stock Exchange (CSE) council announced this week that it has removed the special marking from the shares of Globalwealth Group Plc listed on the Emerging Companies Market.
This ...
The Bank of Cyprus has been recognised as one of Extel’s “Most Honoured Companies”, securing third place in the Emerging EMEA Financials category in the financial intelligence provider’s ...
British-Cypriot entrepreneur and easyJet founder Sir Stelios Haji-Ioannou has been inducted into the Air Transport Hall of Fame, recognising his role in reshaping European aviation and making air travel accessible ...
Cyprus has been named one of the Mediterranean’s most family-friendly islands by National Geographic Traveller, with the publication emphasising its blend of ancient history, unspoilt nature and beaches.
The ...
Cyprus is seeking to turn its economic performance, political stability and growing international ties into further foreign investment, President Nikos Christodoulides said this week, as seven companies were honoured at ...
Banks operating in Cyprus, including Eurobank and Alpha Bank Cyprus through their Greek parent groups, stand to benefit from improving conditions in the Greek banking sector, as separate assessments by ...
Eurobank said its launch of the first cross-border payment from Greece to India through the Unified Payments Interface (UPI) marks a new step in strengthening economic ties between Europe and ...
The Cyprus Investors Compensation Fund has invited suitably qualified financial institutions to express interest in providing execution and custody services for the fund’s investments in government bonds and treasury ...
The Cyprus Securities and Exchange Commission (CySEC) has warned regulated financial firms to strengthen their anti-money laundering controls following the end of the European Union’s transition period under the ...
Greek lender Alpha Bank has expanded its partnership with AI voice technology company ElevenLabs, introducing a new artificial intelligence-powered voice assistant designed to make customer service more natural, faster and ...
PepsiCo (PEP.O) beat Wall Street estimates for second-quarter revenue on Thursday, as the beverage giant benefited from resilient demand for zero-sugar sodas in some of its key markets.
The ...
Russia hopes by mid-July to have a commercial logistics hub up and running in one of two berths at the naval base it leases in the Syrian port of Tartous, ...
Cyprus’ presidency of the Council of the European Union helped strengthen momentum for a more coordinated European housing policy while advancing legislation on civil protection, Interior Minister Constantinos Ioannou said ...
Copper Island has delivered on its promise to bring high-profile film productions to Cyprus, with Academy Award nominee and Hollywood A-list star Clive Owen now on the island to shoot ...
Global share and bond markets and oil prices steadied on Thursday after the week’s reignition of Middle East hostilities and heavy selling of AI chipmakers.
Oil prices dipped for ...
Renewed tensions in the Middle East have added another layer of uncertainty for Cyprus, with economist Tassos Yiasemides warning that a prolonged crisis could slow the island’s economic growth.
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Cyprus showcased its agri-food products at the Summer Fancy Food Show 2026, as part of a wider push to strengthen the island’s export presence in the US and other international ...
Cyprus services sector expands across all activities in 2024
Cyprus’ tertiary sector recorded growth across all economic activities in 2024, according to the findings of the services and transport survey released by ...
Fuel prices in Cyprus have fallen steadily in recent weeks but remain above the levels seen before tensions escalated between Israel and Iran, while uncertainty over developments in the region ...
Passenger traffic at Cyprus’ two airports fell by 4.11 per cent in June, a smaller decline than the sharper losses recorded earlier in the year, according to Hermes Airports.
A total ...
Volkswagen’s (VOWG.DE) proposal to cut up to 100,000 jobs and close four German factories faces a major test on Thursday as the groups that control Europe’s largest carmaker ...