#business

The hotel industry should remain calm and show restraint as international developments continue to unfold, the Cyprus Hotel Managers Association (Pasydixe) said on Monday, urging the sector to act responsibly ...

Cyprus’ transition into a high-tech European investment hub took center stage at the Financial Times’ London headquarters last month, as the island’s tech sector now rivals tourism in its ...

Fuel prices in Cyprus are expected to keep climbing in the coming weeks, petrol station owners’ association chairman Savvas Prokopiou said on Monday, after global crude prices surged to their ...

Cyprus experienced a sharp increase in motor vehicle registrations in 2026, with hybrid vehicles significantly expanding their share of new passenger car registrations during the first two months of the year. ...

Billionaire shipowner George Prokopiou sent at least five tankers through the Strait of Hormuz this week, the Wall Street Journal reported, in one of the boldest moves of his long ...

Larnaca and Paphos airports see 138 flights scheduled for Monday Hermes Airports on Monday announced that Cyprus’ air connectivity with Europe has been restored, following the resumption of several flights that ...

Eurobank and BNP Paribas hosted a client dinner in Nicosia on March 4, in order to discuss global investment prospects and emerging opportunities in international markets. According to an announcement from ...

Partnership seeks to improve communication between banks and Cypriot firms The Cyprus Chamber of Commerce and Industry (Keve) and the Association of Cyprus Banks on Monday officially announced the launch ...

Eurozone inflationary pressures had not fully eased even before the outbreak of war in the Middle East, with February data showing a pick-up in both headline and core inflation. Inflation ...

In a message addressing the current economic climate, Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday noted that the country is navigating challenges from a position of strength. ...

The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus’ foreclosure framework could have negative consequences for credit institutions and the wider financial system, as parliament prepares ...

Cyprus has made youth employment a priority under a new labour market strategy for 2026 – 2028, Labour Minister Marinos Mousiouttas said, while acknowledging that joblessness among under-25s remains in double digits. ...

Oil prices have soared while share markets have skidded on fears that the escalating US-Israeli war on Iran ​will squeeze energy supplies and hamstring industries around the world. Following are ...

Greek Shipping and Island Policy Minister Vasilis Kikilias said Greeks felt proud to see Greek forces helping protect Cyprus, as the war in the Middle East raised fresh concerns over ...

Global shipments of AI glasses reached 8.7 million units in 2025, marking a dramatic 322 per cent increase, according to the latest estimates released by market analysts Omdia. The surge reflects rapidly rising ...

EU birth rates fall to lowest level since 2001 Births across the European Union declined in 2024, according to Eurostat, with Cyprus recording a total fertility rate slightly above the EU average, ...

Global smartphone shipments are forecast to decline by around 7 per cent year-on-year in 2026, according to a report by market intelligence firm Omdia. The forecast is based on first-quarter memory price ...

An energy app developed by EU-funded researchers is helping neighbours cut carbon, earn modest returns and boost the use of clean power in their own communities. By Anthony King A ...

Europe’s AI researchers are joining forces through an EU-funded digital platform that allows them to share tools, data and computing power to drive collaboration and innovation. By Michael Allen ...

The gender employment gap among adults living in households with children was less pronounced for highly educated women compared with those with lower levels of education across the EU in 2024. ...

As the EU attempts to balance fiscal discipline with the need for increased investment, public debt remains a key indicator of macroeconomic stability. Eurozone total debt stands at 88.5 per cent ...

Since the UK rejoined Horizon Europe in 2024, EU-funded cross-border research with UK partners has been delivering safer, smarter, more sustainable technologies for everyday life. By Ali Jones On a test ...

Soon after ​the first Iranian missile and drone attacks on Dubai last week, two Indian entrepreneurs based there tried to move more than $100,000 each from their local bank ‌accounts to ...

Total market production increased by 0.2 per cent in the European Union, while it decreased by 0.1 per cent in the euro area during December 2025, compared with the previous month, according to ...