#business

Following a recent travel agency collapse that left 186 consumers out of pocket with minimal recoverable funds, new legislation is being drafted to strengthen compensation rules, members of parliament learned this ...

Total expenditure on social protection benefits across the European Union amounted to €4.6 trillion in 2023, with Cyprus demonstrating a clear preference for direct cash payments within its €6.09 billion system, according to ...

Finance Minister Makis Keravnos on Wednesday addressed the 4th Akel economy forum in Nicosia, expressing the government’s commitment for a “more resilient economy, a fairer society, and a more ...

The Paphos regional tourism board (Etap) has approved an increased budget of €600,000 and a new action plan for 2026, aiming to upgrade visitor experiences and expand the region’s digital and ...

A new study by the International Air Transport Association (IATA) has shown that airports can achieve major cost savings and smoother operations by eliminating duplicated infrastructure. This efficiency, IATA explained, ...

Finance Minister Makis Keravnos has welcomed the European Commission’s autumn 2025 economic forecast, saying that the findings confirm the economy’s “steady progress, resilience and dynamics” despite geopolitical pressures. In ...

Alpha Bank Cyprus took part in this year’s Movember campaign, an awareness month for men’s health, at the bank’s headquarters in Nicosia, according to an official announcement. “...

Cyprus’ construction materials price index for October 2025 continued its upward trend, rising 1.58 per cent compared to the previous year, driven primarily by cost increases in minerals and mineral products. According ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) and the Unit for Combating Money Laundering, also known as Mokas, have signed a Memorandum of Understanding (MoU) to deepen cooperation ...

Deputy Tourism Minister hails Cyprus’ tourism performance Deputy Tourism Minister Kostas Koumis on Tuesday expressed satisfaction with the tourism figures for October, following a surge in arrivals that surpassed the ...

Government spokesman Konstantinos Letymbiotis on Tuesday welcomed the European Commission’s autumn economic forecast for Cyprus, which revised the country’s economic growth for 2025 upwards. “The findings of the European ...

The Cyprus Marine Club gathered more than 100 maritime professionals for its latest networking event, ‘From Sea to Sushi – Celebrating Seafaring and Flavour’, held at Gazebo Mare. The evening mixed professional ...

Salamis Lines Ltd, part of Salamis Organisation, has signed a Memorandum of Agreement for the purchase of a new RO/RO vessel as part of its broader plan to expand ...

Cyprus strengthened its tech and business ties with Qatar earlier this month, following a delegation to Doha organised by the employers and industrialists federation (Oev) and the Cyprus Information Technology ...

Loan and real estate management company doValue Cyprus on Turesday announced that it has “strengthened its position in the domestic non-performing loan servicing market after taking on a new portfolio ...

The Bank of Cyprus (BoC) has launched a new youth-focused initiative aimed at tackling environmental risks. According to an announcement released on Tuesday, the bank recently held its first event ...

The Cyprus Chamber of Commerce and Industry (Keve) recently completed a high-level business mission to Beijing, according to an announcement released on Tuesday. The chamber said that the event highlighted ...

Finance Minister Makis Keravnos has welcomed the European Commission’s autumn 2025 economic forecast, saying that the findings confirm the economy’s “steady progress, resilience and dynamics” despite geopolitical pressures. In ...

The Central Bank of Cyprus (CBC), part of the Eurosystem, released its summary balance sheet this week, which showed that the institution’s total assets and liabilities stood at €30.49 billion ...

Cyprus recorded a strong rise in both tourist arrivals and resident returns in October 2025, underscoring a robust rebound in travel activity. According to the Cyprus Statistical Service (Cystat), tourist arrivals ...

Cyprus Seeds has announced the renewed commitment of The Hellenic Initiative, marking the seventh consecutive year of support from the organisation that helped establish and sustain the programme’s mission. ...

The shipping sector’s transition must strengthen education, skills, and human capital, leaving no one behind, said International Chamber of Shipping (ICS) secretary general Thomas Kazakos, as Greece and India ...

The National Bank of Greece (NBG) in Cyprus announced this week that it is joining forces with the University of Cyprus to support the Cyprus Entrepreneurship Competition (CyEC) 2025 through its ...

Demetra Holdings Plc has repurchased 8,386 of its own shares at an average price of 1.617 cents, the company announced on Monday. The share buyback was carried out on November 14 through CISCO, ...