Business

Cyprus recorded a 7.6 per cent annual rise in registered unemployment in May, although the number of people officially listed as unemployed fell compared with the previous month, according to the ...

Global air passenger demand fell in April 2026, as the war in the Middle East caused a sharp drop in traffic among the region’s airlines and weighed heavily on the ...

Cyprus is steadily strengthening its position on the European technology map, with the country’s highly educated ICT workforce offering a strong foundation for its digital ambitions, CITEA director Matina ...

Global shipping entered Posidonia week facing a new maritime world order, as industry leaders warned that geopolitical fragmentation, dark fleet activity and uncertainty over decarbonisation are reshaping trade routes, investment ...

Economic analysis of credit markets often relies on a model that assumes firms have a uniform demand for credit across all their lenders, but a new paper from the European ...

Cyprus’ tourism sector is showing signs of stabilisation after the US and the United Kingdom revised their travel advisories for the island, in a move seen as helping restore confidence ...

Strictly and consistently implemented liquidity management tools can help bolster the resilience of the non-bank financial sector and safeguard broader system-wide stability by preventing localised shocks from escalating into fire-sale ...

The European Central Bank (ECB) has published an analysis detailing the underlying drivers of investor behaviour within highly valued equity markets, particularly focusing on the technology and artificial intelligence sectors. ...

Fuel prices in Cyprus have started to ease, although the war in the Middle East continues to make any reliable forecast difficult, the Consumer Protection Service and the petrol station ...

The Ministry of Energy has announced three sponsorship schemes worth €1.7 million to support the private participation of Cypriot businesses in exhibitions and trade events in Cyprus and abroad. The application ...

Cyprus’ return to the normal level of travel guidance by the US and Britain is a positive development that could help limit the losses recorded so far this tourist season, ...

The turnover value index for services and transport in Cyprus recorded broad increases in the first quarter of 2026 compared with the same period of 2025, according to the statistical service (Cystat). ...

Cyprus property sales rose 11.9 per cent in the first five months of 2026, extending the market’s upward trend, although growth slowed in May. According to figures from the department of ...

Cyprus’ tourism sector is showing signs of stabilisation after the US and the United Kingdom revised their travel advisories for the island, in a move seen as helping restore confidence ...

A new initiative aimed at helping young people and educators in Cyprus understand and use artificial intelligence safely and responsibly is being implemented by Vernian RTI Ltd, with the practical ...

Cyprus’ annual inflation rate rose to an estimated 3.7 per cent in May 2026, up from 3 per cent in April, according to Eurostat’s flash estimate for the Harmonised Index of Consumer ...

IT professionals in Cyprus will gather again in Limassol this month for the second TechIsland TechPro Community Meetup, powered by The Vault. The event will take place on June 11, 2026, bringing ...

Global shipping is facing a widening gap between political ambition and economic reality, as rising energy demand, geopolitical instability and the lack of alternative fuels at industrial scale push the ...

Finance Minister Makis Keravnos has welcomed the E6 initiative by six EU finance ministers to step up efforts aimed at strengthening the bloc’s competitiveness, resilience and strategic autonomy. In ...

Deposits in the Cypriot banking system recorded a net decrease of €123.1 million in April 2026, according to data released this week by the Central Bank of Cyprus (CBC). The drop marked ...

European households are displaying a persistent reluctance to invest in equities, a trend that continues despite the long-term wealth-building potential of financial markets, according to a working paper from the ...

Safe Bulkers has started trading on the Main Market of Euronext Athens, in a move aimed at strengthening the link between Greek shipping and European capital markets. The company, which ...

Analysts from the European Central Bank (ECB) have detailed the drivers behind the dramatic surge in the market value of euro area banks seen throughout 2025. In their analysis, the ECB’...

Europe’s smartphone market recorded modest growth in the first quarter of 2026, highlighting resilient demand despite rising supply-side pressures, according to market research firm Omdia. The report showed that smartphone ...