#business

Microsoft has said that it is on pace to invest $50 billion by the end of the decade to help expand AI to countries across the ‘Global South’. The announcement was ...

The European Banking Authority (EBA) has published its final guidelines on proportionate retail diversification methods under the Capital Requirements Regulation. The guidelines establish a harmonised framework for assessing retail portfolio ...

Meta (META.O) reduced its annual distribution of stock options by about 5 per cent for most of its staff, as CEO Mark Zuckerberg ploughs billions of dollars into its artificial ...

Alpha Bank Cyprus participated as a sponsor in the 9th Capital Link Cyprus Shipping Forum in Limassol, placing the bank at the centre of discussions on the future of shipping ...

Cyprus Finance Minister Makis Keravnos will chair the General Affairs Council meeting on Cohesion Policy in Brussels next Thursday. One day earlier, on February 25, Keravnos will address European Parliament committees ...

Hermes Airports on Friday announced positive momentum for strengthening Cyprus’ air connectivity following its participation in CONNECT 2026 in Lublin, Poland. According to the announcement, the Hermes Airports Air Service Development ...

Cyprus’ annual inflation edged up to 0.5 per cent in January 2026, reversing the negative rate recorded in the previous two months, as agricultural prices climbed sharply, according to the consumer protection ...

Trade ministers meeting in Nicosia under the Cyprus Presidency of the Council of the European Union placed preparations for the upcoming WTO Ministerial Conference and the recalibration of EU China ...

Shipping must focus on energy efficiency rather than an “obsession” with alternative fuels that lack the necessary infrastructure, George Pateras said, arguing that decarbonisation efforts risk drifting away from technical ...

The Cyprus Chamber of Commerce and Industry (Keve) joined European partners in Sofia, Bulgaria, on February 19 and February 20, to coordinate the next stages of the SUSTAINET green business initiative. The ...

Cyprus recorded the highest greenhouse gas footprint per capita in the European Union in 2023, placing the island at the top of the bloc’s emissions ranking based on consumption, according ...

Cyprus is rolling out €363 million in targeted grant schemes to boost business liquidity and improve access to finance, according to Energy Minister Michalis Damianos. Speaking at the Cyprus Entrepreneurship Competition ...

Cyta chief operating officer Nicos Stylianou on Friday outlined the organisation’s True Value assessment and its broader contribution to the Cypriot economy and society. Beyond communication technologies and services, ...

The House of Representatives has unanimously approved legislation paving the way for the privatisation of the Cyprus Stock Exchange (CSE), marking what the government described as a major institutional reform ...

The House plenary this week received a series of bills tightening the framework governing foreclosures and strengthening protections for loan guarantors, as political pressure mounts over the handling of non-performing ...

A growing number of primary residences valued below €350,000 are being pushed to auction, according to confidential data from the Central Bank of Cyprus (CBC) submitted to parliament. According to figures ...

British retailers have grown markedly more anxious about rising labour costs over the next year after new employment rights began to be implemented, a trade body survey of finance chiefs ...

Despite growing animosity between US President Donald Trump’s administration and the French government, Americans flocked to the country in 2025, with US visits rising 17 per cent on the previous year, ...

The Cyprus University of Technology (Tepak) expects to welcome its first students to the new dormitories in the Berengaria area of Kato Polemidia in September, after the first phase of ...

Greek banks listed on the stock exchange are preparing to present their strategic roadmaps and future prospects to international investment funds as they schedule a series of investor days. As ...

7Q Invest AIF V.C.I.C. PLC has announced the final result of the public offer to acquire up to 100 per cent of the issued share capital of LCP ...

Officials said on Thursday they’re working on legislation giving authorities the discretion to bar the registration of companies for reasons of national security where such entities are controlled by ...

European Central Bank President Christine Lagarde has told colleagues she remains focussed on her job and she would tell them first if she was about to step down, a message ...

Cyprus joined international discussions on the governance and development of artificial intelligence this week, as Deputy Research Minister Nicodemos Damianou travelled to India to attend the India AI Impact Summit 2026 ...