Business

Businesses should reinvest the productivity gains created by artificial intelligence into new products, markets and customers rather than treating AI primarily as a way to cut costs, according to Paul ...

Cyprus and Bahrain signed a new memorandum of understanding (MoU) on maritime cooperation, expanding ties across maritime safety, training, search and rescue and innovation following high-level talks in Manama on ...

Technology is advancing rapidly, forcing businesses to confront a broader and increasingly complex cyber threat landscape, according to KPMG’s Cybersecurity considerations 2026 report. The report, drawing on insights from more ...

Global television shipments increased 3.6 per cent year-on-year to 48.8 million units in the second quarter of 2026, helped by demand surrounding the FIFA World Cup and the timing of Amazon Prime Day, ...

Goldman Sachs has placed Greek banks among its highest-conviction European banking picks for September and the final quarter of 2026, citing attractive valuations compared with other markets, particularly Spain. The US ...

Last week I wrote about the possibility of a financial crisis in the United States. Given that the three indicators I identified were grounded in fact rather than speculation, I ...

Financial services firms are moving rapidly to adopt artificial intelligence but remain poorly prepared for the workforce changes it could bring, according to a PwC survey of more than 1,000 senior ...

President Nikos Christodoulides’ meeting with European Council President Antonio Costa on Friday, followed by his call for a political decision on Cyprus’ Schengen bid “as soon as possible”, has placed ...

By Ramona Livera and Alexandra de Gouveia In July 2026, the Cyprus Business Development Organisation Law 2026 (Law 124(I)/2026) was enacted, providing for the establishment and operation of the Cyprus Business Development ...

Here are the top business stories in Cyprus from the week starting August 31: Euro area consumers became slightly more optimistic about inflation and economic growth in July, although the latest ...

Airlines operated 6.9 million commercial flights across the European Union throughout 2025, according to a report from Eurostat. The annual total represents a 3.8 per cent increase compared with the 6.7 million flights recorded ...

Surging global demand for AI hardware kept Asia’s factories humming in August, private ‌surveys showed this week, brightening prospects for the export-reliant region even as the prolonged Middle East ...

British house prices rose in August, according to data from mortgage lender Nationwide ​Building Society that suggested demand held up ‌despite an uncertain economic outlook and the impact of the ...

Cyprus’ young robot builders will arrive at European University Cyprus on September 19 knowing almost everything their machines must do. Then, shortly before the national competition begins, the organisers will change ...

Two University of Cyprus researchers have secured European Research Council (ERC) Starting Grants worth around €1.5 million each to carry out five-year cancer research projects, the Research and Innovation Foundation (RIF) ...

Finance Minister Makis Keravnos on Saturday welcomed Morningstar DBRS’ decision to revise Cyprus’ credit outlook from stable to positive while affirming the Republic’s long-term rating at ‘A’, describing it ...

MEP Fidias Panayiotou’s initiative to reduce electricity prices by 20 per cent has sparked intense public debate. The government, professional bodies, and market stakeholders quickly disputed his calculations, particularly regarding ...

The European Central Bank (ECB) is expected to raise interest rates on September 10 for the second and final time in its shortest cycle of rate increases in 15 years, according to ...

Cyprus-based venture capital firm 33East has invested in Piney, a Cyprus-founded property operations startup that has raised €1.6 million as it expands from Europe into the United States. 33East said Piney’...

Everyone knows Wall Street calls a 20 per cent drop in a major index a bear market. But what do you call it when the index posts big ​gains and losses ...

Greece is among the eurozone economies least exposed to the impact of prolonged high interest rates, despite its heavy public debt burden, according to a report by Morningstar DBRS. The ...

European Union member states produced 34.4 billion litres of beer throughout 2025, according to a report from Eurostat. The output figures represent a slight decline of 0.7 per cent when compared with the ...

The number of British young people not in employment, education or training (NEET) fell below 1 million in the second ​quarter of 2026 after hitting its highest since 2013 in ‌the first three ...

The government is “in talks with energy giants” over the allocation of the rights to research and drill for natural gas in blocks of Cyprus’ exclusive economic zone (EEZ) which ...