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.
Aegean Airlines will publish its financial results for the first half of 2026 on September 14, providing an update on the Greek carrier’s performance after a first quarter marked by higher ...
While Nvidia is synonymous with the AI boom, a lesser-known group of power and cooling equipment suppliers is cashing in on a global data centre construction spree as developers race ...
Regulated digital finance can become a new pillar of the Cypriot economy, alongside tourism, shipping and professional services, while creating more skilled jobs on the island, according to Stavros Vassiliades, ...
Cyprus will bring together senior government officials, international investors and technology executives in Nicosia on September 9 for a forum examining how technological and geopolitical changes are altering the country’s ...
Atlantic Insurance Company Public Ltd has announced that its board of directors will convene later this month to examine the un-audited consolidated financial results for the first half of 2026.
The ...
Electric motors power everything from cars to household appliances. EU-funded researchers are developing advanced materials that could make them more efficient, saving both energy and resources.
By Anthony King
Electric ...
Cypriot investment firm Demetra Holdings Plc announced on Monday that it repurchased a total of 2,713 of its own shares as part of an ongoing share buyback programme.
The stock market ...
Cyprus-listed Globalwealth Group Plc has announced that it repurchased a total of 6,707 of its own shares as part of an ongoing share buyback programme.
The stock market transaction was executed ...
Cyprus recorded one of the stronger rates of quarterly economic growth in the EU in the second quarter of 2026, with GDP expanding by 0.8 per cent, according to figures released by ...
Fuel prices are likely to rise further unless current trends change, consumer protection service director Constantinos Karagiorgis warned on Monday.
“There is a possibility, if nothing changes, that the next ...
UBS has given a positive assessment of Greece’s banking sector, identifying it as one of Europe’s more attractive markets because of its combination of strong credit growth, profitability ...
Alpha Bank S.A. announced on Monday that it has repurchased a total of 1,746,545 of its own shares for an aggregate consideration of €8,098,859.46.
The transactions were executed on the Euronext ...
Total employment in Cyprus increased by 1.7 per cent year-on-year during the second quarter of 2026, reaching an estimated 525,167 people, according to the state statistical service (Cystat).
The data showed that total ...
Around 70% of ten-year-olds in low- and middle-income countries cannot read and understand a simple written text, the World Bank estimated after the pandemic, up from 57% in 2019, a deficit the bank ...
Cyprus Fiscal Council president Andreas Charalambous has described Morningstar DBRS’ decision to raise Cyprus’ credit outlook to positive as expected, while warning that pension reform and the approaching election period ...
The Cyprus Securities and Exchange Commission (CySEC) has issued an official warning alerting investors that nine online trading and crypto platforms are operating without the required regulatory approval.
The market ...
Lottery operator Allwyn AG announced on Monday that it has repurchased 645,398 of its own shares for a total consideration of €8,628,043.94.
The transactions were executed on the Euronext Athens stock exchange ...
Regulated digital finance can become a new pillar of the Cypriot economy, alongside tourism, shipping and professional services, while creating more skilled jobs on the island, according to Stavros Vassiliades, ...
Eurobank S.A. announced on Monday that it has repurchased a total of 1,179,047 of its own shares for a total cost of €5,440,796.06 as part of its ongoing share buyback programme.
...
S&P Global Ratings has revised the outlook on Freedom Holding Corp and four of its core subsidiaries from stable to positive, citing an improved assessment of banking-sector risks ...
The consequences of cybercrime, online fraud and email scams can be far-reaching, affecting both finances and peace of mind, according to the Bank of Cyprus (BoC).
The bank noted that ...
Co-ownership of immovable property often creates a difficult planning impasse. What happens when an owner has a lawful right to develop their property, but one or more co-owners do not ...
Cyprus shipping faces another period of uncertainty after four days of negotiations at the International Maritime Organisation (IMO) ended without an agreed new text for the global rules intended to ...
Finance chiefs are increasingly expected to shape corporate value but are struggling to translate that ambition into action, with leadership, skills and technology gaps holding back transformation, according to consulting ...