#business

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director ...

The Finance Ministry on Wednesday announced the upcoming delisting of a government security issued earlier this year by the Republic of Cyprus. The 13-week treasury bills, identified under the code ...

Cyprus faces annual losses of €8 million and more than 16 jobs due to illicit trade in food and beverages, part of a wider threat affecting the entire European Union. The European ...

Visitor numbers at restaurants, bars and coffeeshops across Cyprus ranged from 80 per cent to 90 per cent during the Kataklysmos long weekend, according to Neophytos Thrasivoulou, president of the hospitality owners ...

The Cyprus Chamber of Commerce and Industry (Keve) released a statement on Wednesday summarising its participation in the Investopia Global Mediterranean Forum, which took place in Limassol this week. “The ...

Cyprus-based Aloha Browser has unveiled new global research that reveals a widespread struggle with digital overload and its adverse effects on focus, productivity and mental wellbeing. According to the study, 71 ...

Tourism officials from Cyprus, Greece and Lebanon gathered in Limassol this week to discuss the future of the sector amid geopolitical uncertainty, climate risks and the growing influence of artificial ...

Larnaca continues to strengthen its position in the real estate market, registering the highest increases in property values during the first quarter of 2025, according to the latest RICS Cyprus Property ...

The British economy will grow a mild 1 per cent this year with the Bank of England set to cut interest rates two more times in 2025, according to economists polled by ...

Cyprus took the spotlight at the Investopia Global Mediterranean Forum in Limassol this week, with Energy Minister George Papanastasiou reaffirming the country’s commitment to building closer ties with the ...

Pay growth in Britain slowed sharply and unemployment rose to its highest in nearly four years in the three months to April, official data showed on Tuesday, potentially making the ...

The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3 per cent, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly ...

The Finance Ministry on Tuesday announced the implementation of a revised and locked notification template for outgoing transfers of funds, in accordance with the provisions of the relevant article under ...

Electric and hybrid vehicles in Cyprus have gained a stronger foothold in the market during the first five months of 2025, according to official data released on Tuesday by the state ...

Freedom Holding Corp., the parent company of Freedom24, has been selected for inclusion in the internationally recognised Russell 3000® Index as part of its 2025 annual reconstitution. The inclusion will become effective ...

Cyprus posted a trade deficit of €2.61 billion for the period between January and April 2025, up from €2.46 billion recorded during the same period in 2024, despite a notable surge in exports, according ...

Columbia Group is anchoring new maritime ventures in Cyprus, leveraging its collaboration with the Emirates Shipping Association to drive digital transformation across the wider region. Speaking at the Investopia Global ...

Cyprus took the spotlight at the Investopia Global Mediterranean Forum in Limassol this week, with Energy Minister George Papanastasiou reaffirming the country’s commitment to building closer ties with the ...

The United Arab Emirates sees Cyprus and the wider Mediterranean as strategic partners in building a resilient and innovation-driven regional economy, UAE minister of Economy Abdulla bin Touq Al Marri ...

Most businesses are still failing to align AI investments with workforce readiness, according to Kyndryl’s People Readiness 2025 report, with 71 per cent of leaders admitting their workforces are not yet ...

Britain lacks the computing infrastructure to deliver the full potential of its leading artificial intelligence research base, Nvidia’s (NVDA.O) CEO said on Monday, as the UK partners with ...

Apple is facing an unprecedented set of technical and regulatory challenges as some of its key executives are set to take the stage on Monday at the company’s annual ...

OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate for earlier pumping above target and Saudi ...

Saudi Arabia’s economy grew by more than expected in the first quarter of 2025, according to government data estimates, with lower oil prices impacting the economy less than previously forecast. ...