#business

Rising DRAM and NAND memory component costs helped drive a 12 per cent year-on-year decline in Latin America’s smartphone market in the second quarter of 2026, with cheaper devices bearing the ...

We attracted a technology industry. We have not yet built the machinery that creates new companies here. That takes matched money, and a five-year plan. By Alexey Gubarev When I ...

The Cyprus Stock Exchange (CSE) announced on Friday that trading in 13-week treasury bills of the 6th issue, series 2026, will be suspended from September 15, 2026 to September 17, 2026 inclusive. The temporary suspension ...

The Cyprus Chamber of Commerce and Industry (Keve) has called for a formal and regular dialogue with the government on competitiveness and the wider economy, arguing that Cyprus needs to ...

Eurobank on Friday said it is investing about €1 billion between 2025 and 2028 in what it described as the largest technology investment programme in the banking group’s history, as it seeks ...

Cypriot economists have warned that the European Central Bank (ECB) could raise interest rates further if the war in the Middle East continues to worsen, as higher oil prices threaten ...

Cyprus’ gender equality commissioner Josie Christodoulou has called for investment in care services to be treated as an economic and competitiveness issue, as well as a question of equality, during ...

Cyprus’ state workforce reached 53,080 employees in August 2026, rising by 419 people or 0.8 per cent from 52,661 a year earlier, according to figures released on Friday by the statistical service (Cystat).  The increase ...

The Cyprus Stock Exchange (CSE) will remove ProsperTree PLC from the emerging companies market (ECM) from September 14, 2026, following the suspension of trading in the company’s shares. The CSE announced ...

Cypriot businesses working in energy storage, electric mobility and energy technologies are being offered free one-to-one meetings with German companies in Nicosia in October, as part of a business mission ...

The Bank of Cyprus (BoC) is bringing its fintech hackathon back to Nicosia from November 27 to 29, inviting developers, startups, professionals and students to build working digital products around finance, artificial ...

Girls aged 14 to 16 will get the chance to explore science, technology, engineering, arts and mathematics through a free two-day BridgeSTEAM programme at PwC’s Limassol offices on October 10 and 11.  Organised ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides said the European Central Bank’s (ECB) latest 0.25 percentage point increase in key interest rates had become necessary as the prolonged conflict ...

Eurobank has emerged as the preferred pick among Greece’s four systemic banks after Euroxx upgraded its estimates and price targets for the sector, citing strong second-quarter results, improved earnings ...

George Karatzias was appointed chairman of the Cyprus Securities and Exchange Commission (CySEC) on Thursday, returning to the regulator just over two years after leaving to become an executive director ...

The International Maritime Organisation (IMO) is heading towards a decisive December showdown over its Net-Zero Framework, with Greek and Cyprus shipping voices warning that the final rules must work in ...

Athens International Airport is reshaping its major expansion programme after passenger traffic rose 4.5 per cent in the first half of 2026, with the airport now planning a more phased approach that ...

Borrowers with floating-rate loans will see their repayments rise following the European Central Bank’s (ECB) latest interest rate increase, although the impact will not be immediate, the Association of ...

Sir Stelios Haji-Ioannou is putting €200,000 behind Cyprus’ young entrepreneurs for a fourth year, with three cash prizes on offer to business founders under 34 as the 2026 Stelios Awards return. The Stelios ...

Cyprus’ business competitiveness hinges on green and digital shift, says minister Cyprus’ business competitiveness increasingly depends on the green and digital transition, Commerce Minister Michael Damianos said on Thursday, noting ...

The European Central Bank (ECB) raised its three key interest rates by 25 basis points on Thursday, citing continued inflationary pressures from the conflict in the Middle East and warning that ...

Cyprus technology sector leads decades-long surge in productivity Productivity growth in Cyprus remained concentrated in a small number of sectors over the past three decades, with information and communications technology (...

Cyprus recorded a 3.5 per cent year-on-year increase in agricultural output prices in the second quarter of 2026, making it the third-highest increase in the European Union, according to Eurostat data published ...

Cyprus’ cabinet on Thursday approved five tourism incentive schemes covering Kato Pyrgos, conferences, foreign sports teams, rural experiences and Christmas villages, seeking to attract visitors beyond the island’s established ...