Business

Construction of new office space in ​Europe has slumped to its lowest in a decade, even as rents in prime locations hit ‌record highs, research shows, deepening a supply crunch ...

ASBISc Enterprises Plc this week announced its estimated consolidated revenues for February 2026, reporting a sharp year-on-year increase. The Cyprus-based IT distributor, widely known as Asbis, stated that estimated revenues reached ...

Immediate relief measures can still be taken to cushion the expected rise in energy costs, scientific and technical chamber (Etek) president Constantinos Constanti said in a written statement, while warning ...

The Cyprus Tour Guides Association will stage a protest demonstration outside the Deputy Ministry of Tourism at 11.00 on Friday. According to an official announcement, the mobilisation has been organised due ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) recently held its annual mentor programme training session, led by trainer Marilena Shakalli Maroudia. According to ICPAC, the programme, which was ...

Bookings to Cyprus are falling sharply as travellers opt for western Mediterranean destinations amid uncertainty from the conflict in the Middle East, Jet2 CEO Steve Heapy said on Tuesday. Speaking ...

The ongoing war in the Middle East and geopolitical uncertainty with the following significant increase in the price of oil, is expected to have a direct negative effect on the ...

The International Monetary Fund (IMF) on Tuesday said that Greece’s economic growth remains robust, supported by strong domestic demand and ongoing reforms under Next Generation EU, although risks from ...

Consumers should brace for fuel price fluctuations, with the overall trend going up, the head of the petrol stations association said on Tuesday. As long as the war in the ...

Demetra Holdings on Tuesday announced yet another buyback of its own shares following a transaction executed the previous day. Specifically, the firm moved forward with the purchase of 8,300 own shares ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the completion of a mission to promote Cypriot universities in Greece, after organising a series of education fairs across ...

Cyprus used the Women Who Built Europe Summit in Brussels to emphasise stronger female participation in research and innovation programmes and the example set by 35 Cypriot women across government, business ...

Eurobank reaffirmed its strategic commitment to the shipping sector by participating as a platinum sponsor at the 2026 keynote annual event of the Propeller Club of the United States – Port of ...

Australia and the European Union signed a trade deal on Tuesday that was eight years in the making, removing tariffs for almost all European goods and for nearly all exports ...

The Bank of Cyprus (BoC) on Tuesday announced a support package aimed at assisting livestock farmers affected by foot and mouth disease, alongside other impacted businesses and individuals. The bank ...

The Propeller Club of the United States, Port of Limassol, brought global thought leader Amin Toufani to Cyprus for its 2026 keynote annual event, as more than 200 members and guests gathered ...

Cyprus banking sector mirrors EU strength despite pressures The European Banking Authority (EBA) has said that the EU and EEA banking sector remains resilient, even as geopolitical uncertainty intensifies following ...

Akel leader Stefanos Stefanou on Tuesday demanded that the government take action to save the island’s tourism industry amid an ongoing conflict in the Middle East and reports of ...

Government foreclosure bills were sent back to the Finance Ministry after gaps were identified during a discussion at the House Finance Committee. The issues raised focused primarily on procedural deadlines ...

A legislative proposal submitted by Disy and Diko aimed at providing transitional relief for legacy stock option schemes was discussed before the House Finance Committee this week. The proposal focuses ...

The Treasury has announced that the state budget deficit for 2025 reached €1.79 billion, according to its official fiscal report released this week. The fiscal report for 2025 serves as a comprehensive review ...

Eurobank has announced that it has extended the deadline for applications to its voluntary exit scheme until Friday, March 28, 2026, following its initial launch on March 9, 2026. The bank had originally set ...

Cyprus’ Ideodromio programme has strengthened links between education and business, giving students from gymnasiums, lyceums and technical schools the chance to develop and present socially driven and innovative ideas, Pedagogical ...

Cyprus hoteliers in Ayia Napa, Protaras and Larnaca are warning of a sharp slowdown in bookings ahead of the new tourism season, as the war in the Middle East continues ...