Business

EmissionLink managing director Philippos Ioulianou has called for fairer treatment of shipping under the proposed expansion of the EU Emissions Trading System (EU ETS), warning against double charging and urging ...

Cyprus must adopt a balanced and long-term energy strategy combining conventional power generation, renewable energy, storage, electricity interconnection and demand management, energy systems expert and former Cyprus Energy Regulatory Authority (...

EasyJet founder Sir Stelios Haji-ioannou and his family will remain significant shareholders in the airline after its proposed £5.7 billion takeover by US investment firm Apollo, bringing an end to a ...

Cyprus’ construction sector maintained strong growth momentum in the first half of 2026, supported by a robust pipeline of new projects, rising property demand and continued investment activity, according to a ...

Greek shipowner Semiramis Paliou has taken back OceanPal’s remaining fleet through an affiliated company, closing the shipping chapter of a business spun off from Diana Shipping less than five ...

Britain’s dominant services sector returned to growth last month as new orders picked up, according to a survey by ​S&P Global that showed expectations for activity in ...

Apollo Global has agreed to buy easyJet in a deal that values the European budget airline at about £5.70 billion ($7.7 billion), the companies said on Thursday, as rival suitor Castlelake abandoned ...

The gross domestic product (GDP) of Cyprus was valued at €36.48 billion in 2025, accounting for 0.2 per cent of the European Union’s total economic output, according to provisional figures published by ...

Energy Minister Michael Damianos on Thursday welcomed the entry of French investment group Meridiam as the majority shareholder in the Great Sea Interconnector (GSI), saying the move gives the project “...

The Great Sea Interconnector, which, if completed, will link the energy grids of Cyprus, Greece, and Israel, is a “European issue”, Greek Energy Minister Stavros Papastavrou said on Thursday. “No ...

Cyprus sets up national business development body to drive SME growth The Cabinet on Wednesday brought into force the law establishing the Cyprus Business Development Organisation and appointed the new ...

It has been a busy summer for Vsevolod Smirnov and Just2Trade. The newly appointed Chief Marketing Officer is already outlining how the brokerage brand intends to make investing clearer, ...

Although China has recently resumed purchasing U.S. soybeans, the volume of new orders remains far below market expectations. American farmers continue to face severe challenges amidst pressures such as ...

Commercial shipping through the Strait of Hormuz has all but stopped, with only two commodity vessels passing through the waterway on Wednesday, as negotiations over a new transit corridor struggle ...

Neither the government of Greece, nor the government of Cyprus offered any confirmation or denial of reports that they intend to issue a navtex, a message used to transmit information ...

A Savings Account is one of the most commonly used banking products for managing everyday finances. While many people compare banks based on the Savings Account interest rate, they often ...

Cyprus’ inflation rate eased to 2.9 per cent in July 2026, down from 3.1 per cent in June, as lower fuel prices and a sharp fall in clothing and footwear brought the consumer ...

Cyprus is set to introduce its first solar electric passenger vessels by April 2027 after the marine and maritime institute signed a cooperation agreement with Indian shipbuilder Navalt on Thursday. The ...

Sainni bets on real-time AI to change the way businesses sell Artificial intelligence is reshaping the way businesses sell, but a Cyprus-based startup believes the next step is moving beyond ...

Retail trade volume in Cyprus contracted by 1 per cent in June 2026 compared with the previous month, according to a report released on Thursday by Eurostat. The monthly drop in Cyprus ...

Asbis delivers ‘best quarter in company history’ Cyprus-based IT distributor ASBISc Enterprises Plc, commonly known as Asbis, on Thursday reported its most profitable quarter on record after net profit more ...

Demetra Holdings Plc purchased 3,656 of its own shares on August 5, 2026, according to an official announcement published by the investment company on Thursday. The transaction was carried out in compliance with ...

The Finance Ministry announced on Thursday that the trading period for 13-week Treasury bills issued in May is nearing completion. The specific government debt securities, designated under issue code TB13...

Rising costs and worker shortages test resilience of Cyprus builders Cyprus’ construction sector maintained strong growth momentum in the first half of 2026, supported by a robust pipeline of new projects, ...