Business

Cyprus recorded a wider current account deficit in the first quarter of 2026, even as the European Union posted a stronger external balance, according to figures released by Eurostat on Friday. ...

Thousands of visitors attended Robotex Cyprus 2026, the country’s largest robotics festival, held at the University of Cyprus Sports Centre on June 27-28, 2026, bringing together hundreds of competitors and showcasing ...

Freedom24 has won two honours at the 2026 FinTech Awards, receiving recognition for its pan-European retail investment platform and its artificial intelligence-powered compliance technology, the company announced this week. The European ...

Cyprus and Sweden on Friday signed a protocol updating their bilateral double taxation agreement, bringing the treaty into line with OECD international tax standards and strengthening cooperation on tax transparency ...

Cyprus’ Industrial Turnover Index rose by 4.6 per cent in April 2026, reaching 143.1 units, according to figures released on Friday by the statistical service (Cystat). For the first four months of the ...

Cyprus’ registered unemployed rose in June, with the increase driven mainly by accommodation and food services, public administration, education, and health and social work, figures released by the Statistical Service (...

The Cyprus Stock Exchange (CSE) Council on Friday released its official report detailing the market shares of its members for June 2026, as well as the cumulative figures for the first ...

Cypriot businesses are making steady progress in adopting Environmental, Social and Governance (ESG) practices, two years after the launch of the Interbank ESG project, with more than 1,200 companies having completed ...

Pete Weissner was from New York. That detail matters to Kelli Stavast, or at least it explains something. Weissner ran the broadcast journalism program at Chapman University in Orange, California, ...

President Nikos Christodoulides on Thursday said the construction sector was central to Cyprus’ shift towards a more sustainable development model, while stressing its role in housing, jobs and regional growth. ...

Demetra Holdings Plc on Friday announced the net asset value of its shares as of June 30, 2026, in a formal notification to the Cyprus Stock Exchange (CSE). The company stated that ...

Cyprus has made progress in licensing hotels and tourist accommodation, but more than half of tourist units have still never submitted an application, the Deputy Ministry of Tourism said this ...

Cyprus urged to bring financial literacy into classrooms early As financial literacy climbs the policy agenda in Cyprus, questions remain over whether children are being equipped with the practical skills ...

The Cabinet has approved a bill requiring more balanced representation of women and men in the senior decision-making bodies of listed companies, marking another step in Cyprus’ efforts to align ...

Danae Bezantakou has been elected president of the International Propeller Club, Port of Piraeus, becoming the first woman to lead the organisation in its 91-year history. Bezantakou, CEO of Navigator ...

Cyprus has retained its place on the Paris MoU White List, with the Cyprus Union of Shipowners (CUS) saying the result confirms the continued quality and reliability of the Cyprus ...

The Central Bank of Cyprus (CBC) continued to improve the sustainability profile of its non-monetary policy portfolios throughout 2025, according to its latest annual climate-related financial disclosures released this week. The ...

Retail proprietary trading is no longer among the European Securities and Markets Authority’s (ESMA) immediate regulatory priorities, according to Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides, despite ...

The European Central Bank (ECB) has warned that disruptions to trade through the Strait of Hormuz could have far-reaching consequences for the global economy, with supply shortages extending well beyond ...

Cyprus’ tourism sector is receiving growing attention in the Israeli media, with a number of leading news outlets reporting a partial recovery in visitor numbers following disruption caused by the ...

Serious weaknesses in Cyprus’ system for licensing and supervising tourist accommodation are undermining efforts to upgrade the country’s tourism product, according to a new special report by the Audit ...

The cabinet on Thursday gave the nod to the disbursement of moneys for a salary subsidy scheme targeted at hotel workers, provided that participating hotels have filed all the necessary ...

Wizz Air on Thursday announced the launch of a new package holiday booking platform named Wizz Holidays, aimed at simplifying vacation planning for travellers across Europe and beyond. The platform ...

Cyprus may find itself with insufficient electricity by 2030, opposition politicians warned on Thursday, calling on the government to get its act together fast. MPs were speaking to the press following ...