#business

Cyprus embraces cashless payments as card use reaches new high Cypriots continued shifting towards digital payments during the second half of 2025, with the country recording the highest share of card ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that it had accepted the listing of 50,000 13-week Treasury Bills of the Republic of Cyprus, following an auction held on July 20, 2026. The ...

Logicom Public Ltd and K. Kythreotis Holdings Public Ltd announced on Wednesday that dividend payments to shareholders had been dispatched. Both companies confirmed that the dividends, previously announced on June 26, 2026, ...

Cyprus and Italy only EU nations with monthly petrol price increases Cyprus recorded one of the European Union’s highest annual increases in fuel prices in June 2026, even as retail ...

Environmental tax revenue in the European Union increased by 6.1 per cent in 2024, while Cyprus collected a total of €718.72 million during that time, according to figures released by Eurostat. The data ...

British inflation cooled by more than expected last month as a brief de-escalation in the Iran ‌war reduced fuel prices, but the slowdown is likely to offer only temporary relief ...

Employment in Cyprus’ construction sector grows to 39,700 workers amid sustained industry demand Cyprus’ construction sector recorded strong growth in 2024, with value added rising by 10.7 per cent and production expanding across ...

Keve signs partnership with Elpida foundation to support children The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday signed a memorandum of cooperation with the Elpida Charitable Foundation for ...

Demetra Holdings Plc on Wednesday announced it had completed a purchase of its own shares following a recent shareholder authorisation. During the session of July 21, 2026, Demetra Holdings purchased a total ...

Cyprus Cement Public Company Ltd on Wednesday announced that it had proceeded with a purchase of its own shares following a prior decision by shareholders. Specficially, during the session on ...

Eurobank announced on Wednesday that it will release its financial results for the second quarter of 2026 on July 30, with investors set to receive a further update on the group’s ...

Cyprus is not the Mediterranean’s cheapest holiday destination, but it remains less expensive than many of its best-known rivals for the two things travellers often notice most, a hotel ...

Eurobank cardholders in Cyprus and Greece can earn 5 per cent cashback on summer purchases in Greece under a seasonal offer running until August 20.  The promotion, which began on July 6, applies ...

Cyprus was among the euro area countries where banks increased deposit rates less aggressively following the European Central Bank’s (ECB) interest rate hikes, according to a new ECB working ...

Euro area companies reported tighter lending conditions and higher borrowing costs during the second quarter of 2026, while financing needs edged higher and inflation expectations remained broadly stable, according to the ...

Columbia Group chief executive Andreas Hadjipetrou has set out a strategy of measured expansion, tighter internal cooperation and greater seafarer support, three months after taking charge of one of the ...

Petrolina (Holdings) Public Limited announced on Tuesday that it has decided to commence operations for five separate special purpose companies established to develop individual phases of the ambitious Land of ...

Cyprus startups and scaleups have been invited to take part in the European Startup Pitch Session in Rome on September 22 and 23, 2026, with the Cyprus Chamber of Commerce and Industry (Keve) ...

ASBISc Enterprises Plc this week reported that estimated consolidated revenues for June had risen to approximately $649 million, up by roughly 74 per cent from June 2025, in a trading update from the ...

European shipowners have urged the European Commission to prevent double carbon charges and redirect billions raised from shipping towards cleaner fuels and technology, warning that the EU Emissions Trading System ...

The PwC Foundation continued to expand its contribution to education, entrepreneurship and community support during the 2026 financial year, with PwC Cyprus reporting a wide range of initiatives aimed at creating ...

Cyprus Cement Public Company Ltd announced on Tuesday afternoon that it completed a further share buyback, acquiring 1,790 of its own shares at €1.33 each for a total value of €2,380.70. The transaction ...

Cyprus debt ratio falls to 54.6 per cent in first quarter of 2026 Cyprus reduced its government debt ratio in the first quarter of 2026, recording one of the largest annual declines in ...

Hadjimanolis lines up India shipping mission Cyprus and India are seeking to turn their expanding political ties into concrete maritime partnerships, with Shipping Deputy Minister Marina Hadjimanolis preparing an official ...