#business

Cyprus recorded a 4.9 per cent increase in its industrial turnover index during December 2025 compared with the same month a year earlier, according to the latest figures released by the Cyprus ...

British employers’ expectations for wage growth held at their ​joint-lowest in nearly four years in February, according ‌to a survey published by the Bank of England, which is looking out ...

The Central Bank of Cyprus (CBC) issued a public notice on Thursday to inform people and businesses that banks will be closed for two upcoming national holidays. According to the ...

Cyprus economy resilient enough to withstand regional shock, says spokesman Government spokesman Konstantinos Letymbiotis on Thursday said that the Cyprus government is conducting ongoing assessments of the economic impact of ...

Inflation in Cyprus remained almost flat in February, reaching just 0.1 per cent, as a drop in energy costs offset rising prices in the services sector, according to the latest report ...

Cyprus’ information technology sector called for urgent reforms in the way informatics is taught in schools, warning that the country risks falling behind if education does not keep pace with ...

Cyprus remains stuck in the slow lane of Europe’s green transition, with electric vehicles accounting for just 0.51 per cent of the island’s passenger car fleet in 2024, according to ...

Cypriot Employers and Industrialists Federation (Oev) president George Pantelidis, on Thursday called for the immediate continuation of daily social and business activity in Cyprus, warning that unnecessary disruptions could lead ...

Eurobank on Thursday highlighted its role in strengthening the India–Cyprus–Europe financial corridor during the recently-held India-Cyprus Summit 2026, an event organised by the High Commission of India in Cyprus ...

Eurozone governments are assessing the economic repercussions of the recent conflict with Iran, focusing on the risk of a renewed energy shock that could reignite inflation and the implications this ...

The Bank of Cyprus (BoC) expects steady loan growth and remains open to targeted acquisitions under its 2026-2028 business plan, while positioning itself to withstand rising competition and potential economic ...

Property sales in Cyprus maintained a double-digit increase in February 2026, as transactions rose by 12 per cent year on year, according to data released by the department of lands and surveys. ...

The European Commission has adopted a new European Union Maritime Industrial Strategy, alongside a strategy for European ports, aimed at strengthening the competitiveness, sustainability, safety and resilience of the bloc’...

Industrial producer prices in Cyprus recorded the largest monthly decline in the European Union in January 2026, according to Eurostat, even as prices rose across the euro area and the bloc ...

Telecoms provider Cyta on Wednesday announced that it secured five major distinctions from Ookla for the second of 2025, reaffirming its position as the fastest mobile network in Cyprus for the ...

A recent exchange has highlighted delicate relations between the Federation of Employers and Industrialists (Oev) and the Cyprus Chamber of Commerce and Industry (Keve), following a social media post by ...

At the present stage, the direct and indirect effects of the expanding conflict in the Middle East on international banks and asset managers are considered manageable, according to a report ...

Eurogroup president Kyriakos Pierrakakis on Wednesday warned of an “unprecedented and deeply worrying” crisis in the Middle East, stressing that its duration will determine the scale of consequences for Europe. ...

Demetra Holdings Plc announced on Wednesday that it successfully repurchased 7,990 of its own shares on March 3 as part of its ongoing capital management strategy. The transaction was carried out in ...

Cyprus hoteliers have reported cancellations for April and May and a slowdown in new bookings for the coming months, following the US travel advisory for the island, while industry groups ...

Tourism, shipping, investment, energy, inflation and household purchasing power in Cyprus are expected to be affected by the turmoil in the Middle East, with the scale of the impact depending ...

Columbia Group president and chief executive Mark O’Neil said on Wednesday that the company is closely monitoring the recent escalation in the Gulf region under its established security and ...

Cyprus’ seasonally adjusted unemployment rate stood at 4.2 per cent in January 2026, remaining well below both the euro area and EU averages, according to Eurostat. Specifically, the statistical office of the ...

EU tourism reached a new record in 2025, with nearly 3.1 billion nights spent in tourist accommodation establishments, while Cyprus recorded robust performance in both overnight stays and revenues. According to Eurostat, ...