#business

The Cyprus Department of Information Technology Services (DITS), under the Deputy Ministry of Research, Innovation and Digital Policy, has entered into an agreement with Newcytech Business Solutions Ltd for the ...

Kuwait’s Oil Minister, Tariq Al-Roumi, stated on Thursday that OPEC is closely observing global oil market developments, including supply and demand dynamics, as well as recent comments made by ...

The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Thursday announced the appointment of Georgios Syrichas as an independent, non-executive member of the ...

The Bank of England cut interest rates on Thursday but four of its nine policymakers – worried about high inflation – sought to keep borrowing costs on hold. Difficulty reaching an agreement ...

ASBISc Enterprises Plc on Thursday reported its strongest-ever second quarter, with revenue for Q2 2025 reaching $949.3 million, marking a 47.0 per cent increase compared to the same period in 2024. The company attributed ...

The Cyprus Stock Exchange (CSE) on Thursday announced the listing of additional shares for Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the CSE, ...

Cyprus’ Harmonised Index of Consumer Prices (HICP) fell by 0.9 per cent year-on-year in July 2025, according to data released by the statistical service (Cystat) on Thursday. Compared with the previous month, ...

Cyprus recorded the highest annual increase in retail trade volume among all EU member states for the second consecutive month, according to figures published by Eurostat. The rise in retail ...

Turkey’s aggressive and multi-faceted energy strategy is posing increasing challenges for Cyprus and the broader Eastern Mediterranean region, according to Andreas Poullikkas, professor of energy systems and former chairman ...

Cyprus airports reached an all-time record in July, with a total of 1,653,880 passengers passing through Larnaca and Paphos airports, surpassing even last year’s August peak, according to Hermes Airports. ...

JP Morgan has placed Greece firmly on its radar, describing the country as one of the top destinations for investors looking to reposition in emerging markets. In its latest earnings ...

The Cyprus Stock Exchange this week announced a change in the composition of its emerging companies market index. According to the CSE, the shares of EFA Holdings PLC will soon ...

Deputy Shipping Minister Marina Hadjimanolis reaffirmed Cyprus’ commitment to development approaches that are inclusive and human-centred during her address at the third United Nations Conference on Landlocked Developing Countries in ...

The average interest rate on new loans to Cypriot households is now almost aligned with the eurozone median, while for businesses the margin stands at 0.24 per cent, according to the ...

Greek retail group Jumbo reported a 9 per cent year-on-year increase in sales in July 2025 across all markets, with Cyprus and Greece driving growth. Over the first seven months of the ...

The response so far to the affordable housing schemes has been encouraging, according to Interior Minister Constantinos Ioannou. He also said that the Cyprus Land Development Corporation (Koag) is planning ...

Limassol continued to dominate Cyprus’ high-end property market in the first half of 2025, accounting for six of the ten most expensive transactions nationwide, with a combined value of €105.7 million, according ...

Two key challenges stand in the way of introducing a new scheme to address non-performing loans (NPLs), according to Finance Minister Makis Keravnos. Kervanos responded to a question from MP ...

Global catering management provider MCTC, with offices in Cyprus, Greece, and Saudi Arabia, among other places, has launched two new tools aimed at enhancing nutritional oversight and environmental transparency onboard ...

Cyprus airports reached an all-time record in July, with a total of 1,653,880 passengers passing through Larnaca and Paphos airports, surpassing even last year’s August peak, according to Hermes Airports. ...

From Zero, a new event series focused on real startup journeys, is set to launch in Nicosia, with the aim of creating a space for honest, practical conversations about entrepreneurship. ...

Deposit rates in Cyprus fell in June while housing loan rates continued to rise, according to a report released this week from the Central Bank of Cyprus (CBC). In its ...

The Cyprus Consumers Association has released its evaluation of prices listed on the e-kalathi digital platform, publishing detailed conclusions following a multi-day review. In an announcement issued this week, the ...

The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half ...