Business

Demetra Holdings Plc on Monday announced that its board of directors has proposed a total dividend payment of €20,000,000 for the fiscal year ending December 31, 2025. This strategic financial proposal, which follows ...

Chartworld Shipping Company managing director Antonis Faraklas has warned that geopolitical instability has made international shipping increasingly difficult to predict, saying fleet diversification has become a key survival strategy for ...

Limassol’s ambitious plan to deliver hundreds of affordable rental homes has been cast into fresh uncertainty as a growing rift between the municipality and the Cyprus Land Development Organisation (...

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital ...

Visa has selected seven fintechs from Greece, Cyprus and Malta for the 2026 cycle of the Visa Innovation Programme Europe, as applications from the three markets rose by around 50 per cent ...

The treasury office has launched a new digital tool allowing citizens to monitor the implementation of the state budget through open, interactive data, accountant general Andreas Antoniades said. Speaking to ...

Eurobank S.A. released its interim consolidated financial statements on Monday, providing further detail on its performance following the initial publication of its financial results on last week. The comprehensive ...

The procedure for winding up a company on the grounds of inability to pay its debts constitutes a powerful, yet highly regulated tool for creditors. It is not a simple ...

Market intelligence firm Omdia has significantly increased its semiconductor revenue forecast for 2026 to 62.7 per cent, pointing to unprecedented growth in DRAM and NAND markets driven by sustained demand and ongoing ...

SpaceX has adopted corporate governance policies that will erode typical shareholder protections in unprecedented ways, giving founder Elon Musk virtually unchecked executive authority when the rocket maker goes public later ...

The Cyprus Chamber of Commerce and Industry (Keve) announced its participation in the European co-funded eValueJobs project, aimed at strengthening pay transparency and promoting equal pay in line with new ...

The global smartphone market expanded by one per cent year-on-year during the first quarter of 2026, according to a report by market intelligence firm Omdia. The industry saw total shipments reach 298.5 ...

The European Central Bank (ECB) launched its qualitative cyber resilience stress test (CyRST) last month, assessing how 109 major euro area banks would withstand a severe cyberattack and marking a turning ...

European household gas prices returned to a traditional seasonal fluctuation pattern during the second half of 2025 as the market stabilised following the energy crisis of previous years. Average prices including ...

WISTA Cyprus members recently visited the liquefied petroleum gas terminal operated by VLPG Plant Ltd in Vasiliko, offering participants a close-up look at one of Cyprus’ most important and modern ...

Cyprus Airways was recognised as the fastest-growing airline in western Europe during the 2.5 Airline Marketing Workshop held in Athens as part of celebrations marking the 25th anniversary of Athens International ...

How is the Bank of Cyprus contributing to the ongoing evolution of the financial landscape in Cyprus? Financial evolution today means much more than digital payments or mobile apps. It ...

The latest edition of Cyprus 4.0 examines how Cyprus’ financial sector is adapting to rapid technological change, as banks, regulators and fintech firms respond to a global shift in how money ...

Global live music ticket sales revenue surpassed $40 billion in 2025, according to market intelligence firm Omdia, which also forecast that the market will reach $50 billion by 2030. The report showed that year-on-year ...

Here are the top business stories in Cyprus from the week starting May 4: The Cyprus Chamber of Commerce and Industry (Keve) on Monday issued a statement welcoming the election of ...

Satellite direct-to-device connectivity began shifting from concept to early commercialisation in Europe in March, according to new research from market intelligence firm Omdia, highlighting growing activity among mobile operators. The ...

A UK body representing small businesses has warned that small firms were being pushed out of European Union ​markets due to red tape, rising costs, and complex ‌rules, highlighting the ...

US President Donald Trump’s military forays in Venezuela and Iran have weakened OPEC more than anyone thought possible just months ago. The White House may view this as a ...

British new car registrations are expected to rise to nearly ​2.1 million units in 2026, the Society of Motor Manufacturers and ‌Traders said this week, with the share of zero-emission vehicles lower ...