Business

The priorities of Cyprus’ upcoming Presidency of the Council of the European Union in the shipping sector were discussed this week during a meeting between the Cyprus Union of Shipowners (...

Cyprus recorded nearly 2 million guest nights in short-term rentals during the second quarter of 2025, according to Eurostat, highlighting continued growth in platform-based tourism across the European Union. Eurostat reported that ...

Cyprus recorded a seasonally adjusted unemployment rate below the EU average in November 2025, according to Eurostat data, reflecting relatively favourable labour market conditions compared with the wider bloc. The unemployment ...

The most expensive property transaction recorded in Cyprus in October 2025 involved a three-floor apartment in Limassol, sold for €15.2 million, reinforcing the city’s continued dominance in the high-end real estate ...

Cyprus recorded one of the sharpest monthly declines in industrial producer prices in November 2025, according to a report by Eurostat. According to Eurostat’s first estimates, industrial producer prices in ...

Global air cargo demand rose by 5.5 per cent in November 2025 compared with the same month a year earlier, as shippers prioritised timely deliveries ahead of the year-end holiday season, according ...

Real crypto growth usually shows up after the hard work is done. The market does not reward a lending protocol just for having a name. It rewards it when the ...

Britons prioritised festive food but thought twice about spending on clothing and gifts over Christmas, trading updates from Tesco, Marks & Spencer and Primark showed on Thursday. December’s solid ...

Sir Stelios Haji-Ioannou will once again honour bi-communal entrepreneurship in Cyprus this year, increasing the total prize fund of the Stelios Bi-Communal Awards for Business Co-operation to €500,000, as the initiative ...

The next Multiannual Financial Framework (MFF) was on the agenda on Thursday as President Nikos Christodoulides met with the head of the European Court of Auditors (ECA), Tony Murphy, alongside ...

The Kronos gas field in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) is “in the final stage of development” ahead of a potential final investment decision, President Nikos Christodoulides said ...

The most expensive property transaction recorded in Cyprus in October 2025 involved a three-floor apartment in Limassol, sold for €15.2 million, reinforcing the city’s continued dominance in the high-end real estate ...

The Bank of Cyprus on Thursday announced that the BoC Academy is continuing to run for a third year, reflecting the bank’s ongoing focus on its people and on ...

Cyprus recorded negative domestic inflation in December 2025 as consumer prices edged slightly higher month-on-month but fell on an annual basis, according to figures released by the state statistical service on ...

Cyprus recorded a general government fiscal surplus of €1.16 billion in the period from January to November 2025, with public finances remaining positive despite higher spending driven by wages, social benefits and ...

The Cyprus Stock Exchange (CSE) Council has officially released the detailed breakdown of market shares for its member firms for December 2025, providing a comprehensive overview of the trading landscape in ...

Demetra Holdings PLC has continued its strategic share buyback programme on the Cyprus Stock Exchange by purchasing 5,600 of its own shares during the trading session on January 7, 2026, as part of ...

The Eratosthenes Centre of Excellence and India-based Pixxelspace India Private Limited (Pixxel) have signed a memorandum of understanding (MoU), according to an official statement released this week. The agreement sets ...

Contracts for the completion of the gastronomy school in the mountain community of Moniatis are expected to be signed in the coming days, after the Moniatis community council awarded the ...

The year ahead will be a decisive one for global shipping, with 2026 framed as the “year of implementation”, according to International Maritime Organisation (IMO) Secretary-General Arsenio Dominguez. In his New ...

Tesla’s (TSLA.O) UK car registrations dropped by more than 29 per cent year-on-year in December, industry data has shown, underscoring the intense competition from Chinese rivals faced by the ...

Opap shareholders approved the company’s split and cross-border transformation plan on January 2026, clearing the way for the merger of Allwyn and Opap during the group’s 13th extraordinary general ...

Net new loans in Cyprus declined in November 2025, according to a report released this week by the Central Bank of Cyprus (CBC). Specifically, net new loans fell to €256.3 million during ...

Paphos is set to strengthen its links with Germany in the summer of 2026, as Ryanair expands its presence on the route and Lufthansa adds scheduled flights from Munich. This move ...