#business

Anti-Money Laundering Authority (AMLA) chair Bruna Szego, visited Cyprus on Thursday, as part of her tour across European Union member states to enhance coordination between AMLA and National Competent Authorities (...

Cyprus’ Industrial Production Index reached 91.1 units in August 2025, using 2021 as the base year set at 100 units, according to the Statistical Service (Cystat). This represented an increase of 0.8 per cent compared ...

The European Central Bank kept interest rates unchanged at 2 per cent for the third meeting in a row on Thursday and offered no hints about future moves as it enjoys ...

“It’s all about the spark in their eyes”: Oleg Khusaenov, founder of investment firm Zubr Capital, on youth, business, and the Cypriot ecosystem Zubr Capital recently held its “Zubr ...

Visitor rates at leisure centres across Cyprus surpassed 80 per cent in September and October, marking a strong start to the autumn season, according to the association of hospitality sector owners (...

Cyprus’ land market continued to gain ground in the first half of 2025, with total transactions exceeding €360 million, confirming its position as one of the strongest segments of the island’s ...

Cyprus’ unemployment rate eased to 4.9 per cent in September 2025, down from 5.1 per cent in August, with around 26,000 people registered as jobless, according to Eurostat. The figure remains well below the ...

The Troodos tourism development and promotion company on Thursday launched the Troodos Geopark Partner programme. This new initiative aims to promote the region’s tourism product and cultural heritage by ...

More than 200 complaints have now been filed against the Limassol-based travel agency Efi Strakottou Travel and Tours Ltd, bringing to light the issue of consumer protection and compensation for travellers ...

Limassol port operator DP World Limassol on Thursday reaffirmed its ongoing commitment to supporting women’s health and raising awareness about breast cancer prevention and early detection through a donation ...

Revenue from tourism in Cyprus reached €581.8 million in August 2025, according to figures released by the Cyprus Statistical Service of Cyprus (Cystat) on Thursday. This marks a 13.8 per cent increase when ...

Global air cargo demand rose by 2.9 per cent in September 2025 compared with the same month last year, according to figures released by the International Air Transport Association (IATA).  At the ...

Energy Minister George Papanastasiou has said that the ministry is working to address the challenges facing the Ayios Athanasios industrial area, stressing that the priority is to secure its steady ...

The Cyprus Securities and Exchange Commission (CySEC) announced this week that it has discovered certain individuals unlawfully using the personal information of people listed in the Certification Registers or in ...

Average monthly earnings in Cyprus continued to rise during the second quarter of 2025, with gross salaries increasing by 4.2 per cent compared to the same period last year, according to provisional ...

Household gas prices in the EU fell to €11.43 per 100 kWh in the first half of 2025, down from €12.44 recorded in the second half of 2024, according to Eurostat. This drop signals a ...

The Ministry of ICT and Innovation, in partnership with the Digital Cooperation Organisation, has launched the Digital FDI Rwanda report at the 9th Future Investment Initiative in Riyadh. The report, ...

Euphyia-Tech has announced a strategic collaboration with EasyLiving to evaluate and enhance the smart readiness, energy performance, and sustainability features of EasyLiving’s residential buildings in line with evolving European ...

Cypriot food manufacturer Mitsides Public Company Ltd has announced that its board of directors will meet on Thursday, November 6, 2025. “The board will examine, among others, the progress of the group’...

Household real consumption per capita increased by 0.3 per cent in the euro area in the second quarter of 2025, after a decrease of 0.1 per cent in the previous quarter, according to ...

Finance Minister Makis Keravnos on Wednesday announced the extension of the zero VAT rate on certain basic goods until December 2026, following a Cabinet meeting that approved a related proposal. The ...

Domestic production accounted for €33.71 trillion (91.5 per cent of the total supply of goods and services in the EU) in 2023, while imports contributed €3.14 trillion (8.5 per cent), according to Eurostat. This marked ...

Demetra Holdings Plc has repurchased 7,700 of its own shares at a price of 1.635 cents, the company announced on Wednesday. The buyback was carried out through the Cyprus Investment and Securities ...

Cyprus recorded one of the largest decreases in household electricity prices across the European Union in the first half of 2025, with costs falling by 9.5 per cent compared with the same ...