#business

The Bank of Cyprus (BoC) on Tuesday confirmed through a regulatory filing that the European Bank for Reconstruction and Development (EBRD) has reduced its stake in the lender to zero, ...

The Cyprus Securities and Exchange Commission (CySEC) has updated its rules on marketing, distributing, and selling contracts for difference (CFDs) to private clients. The new directive, effective from its publication ...

Cyprus’ trade deficit widened to €4.57 billion in January-July 2025, up from €4.39 billion in the same period from 2024, according to a report released on Tuesday by the Cyprus Statistical Service (Cystat). Total ...

Cyprus has expressed support for simplifying state aid rules during the first meeting of the Working Party on Competitiveness and Growth under the Danish Presidency, which recently took place in ...

Demetra Holdings Plc announced on Tuesday that it has proceeded with a further repurchase of its own shares in line with the relevant regulations of the Cyprus Stock Exchange (CSE) ...

Financial technology provider payabl. this week announced its return as Title Sponsor of the payabl. Basketball Tournament “Neofytos Chandriotis,” which will take place from September 12 to September 14, 2025, at the Tassos ...

Chief Scientist Demetris Skourides last week visited Australia as part of ongoing internationalisation efforts to position Cyprus as a gateway hub to Europe, according to an official announcement. Accompanied by ...

The House finance committee concluded on Monday that there is a need to clarify with the European Commission whether natural persons with dual nationality from an EU member state and ...

Rating agency Morningstar DBRS has confirmed Greece’s long-term issuer ratings for foreign and local currency debt at BBB. At the same time, the agency affirmed the country’s short-term ...

Total market production in the European Union fell slightly in June 2025, according to figures published by Eurostat. The total market production decreased by 0.2 per cent in the EU and by 0.4 ...

Services production in the euro area and the European Union fell by 0.1 per cent in June 2025 compared with May 2025, according to first estimates published by Eurostat, the statistical office of ...

The House finance committee concluded on Monday that there is a need to clarify with the European Commission whether natural persons with dual nationality from an EU member state and ...

The Energy Ministry on Monday announced an extension to the deadline for the submission of bids in the tender for the selection of a strategic investor for the creation and ...

Loans held by Cyprus’ credit acquisition companies reached €19.7 billion on June 30, 2025, according to data released on Monday by the Central Bank of Cyprus (CBC). Of the total amount, €18.5 billion were ...

Spending to tackle the risks of the climate crisis in Cyprus remains far below what is necessary, according to a statement released on Monday by Cyprus’ national Fiscal Council. The ...

The registration of hybrid and electric vehicles in Cyprus experienced a robust rise in the first eight months of 2025, according to a report released on Monday by the state statistical ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has stressed the importance of Cyprus’ active role within the Eurosystem, highlighting both the responsibilities and opportunities stemming from participation in Europe’...

The Cyprus Real Estate Agents Registration Council on Monday announced that written examinations for new candidate real estate agents will take place on November 6, 2025. According to the announcement, the exams ...

Cyprus’ airports reached record-breaking levels of passenger traffic in August, with a combined 1.8 million travellers recorded at Larnaca and Paphos. According to figures released on Monday by Hermes Airports, this ...

Leptos Calypso Hotels Public Ltd on Monday announced that its board of directors will convene on September 19, 2025. The company said that the meeting will take place in order to examine, ...

Demetra Holdings Plc on Monday announced the repurchase of 6,000 of its own shares, through a series of transactions executed on September 5, continuing its programme of share buybacks. The company said ...

The Bank of Cyprus (BoC) on Monday announced that investment firm Wellington Management Group LLP has crossed the 5 per cent threshold in voting rights, according to a TR-1 notification of ...

Cyprus recorded the third largest annual increase in gross domestic product during the second quarter of 2025, according to figures published by Eurostat. The country’s GDP rose by 3.3 per cent, ...

Year-over-year spending on artificial intelligence between 2025 and 2029 is set to grow by 31.9 per cent, according to data from the International Data Corporation (IDC). This investment, driven by the growth of ...