#business

Cyprus’ AKTI Project and Research Centre has launched a fire-restoration initiative in the Laona region of Limassol, supported by Chevron Cyprus, after the July 2025 wildfires. The area, which relies on ...

Oil prices rose on Monday after OPEC+ members reaffirmed a plan to hold output steady, as the Caspian Pipeline Consortium halted exports after a major drone attack and U.S....

Cyprus strengthened its links with the EU institutional centre this week as Greek airline Aegean, in cooperation with Hermes Airports, launched a new direct Larnaca–Brussels route beginning of December, ...

Passenger traffic across Cyprus’ airports has exceeded 13 million travellers since January, marking the highest volume ever recorded, according to Hermes Airports. In its announcement, the company said that “for the ...

British store chains last month reported lower inflation in the run up to Black Friday sales but higher costs in 2026 mean retailers might struggle to keep inflation on its downward ...

Samsung Electronics unveiled on Tuesday its first multi-folding smartphone, in a bid to strengthen its position in a sector of the phone market where competition is expected to intensify. The ...

A decade after it began working on a capital markets union, the EU is still struggling to agree a framework that encourages savers to put their cash to work within ...

Warner Bros Discovery has received a second round of bids, including a mostly cash offer from Netflix, in an auction that could conclude in the coming days or weeks, a ...

Larnaca is being reshaped into a service centre for airlines in the Eastern Mediterranean, with the gradual reuse of the old airport bringing clear benefits to the city. Speaking at ...

Cyprus recorded one of the lowest inflation rates in the euro area in November 2025, with the flash estimate placing annual  harmonized index of consumer prices (HICP) at 0.2 per cent, unchanged ...

Cyprus recorded one of the lowest unemployment rates in the European Union in October 2025, with seasonally adjusted joblessness holding at 4.2 per cent, according to new figures from Eurostat. The rate ...

Cyprus recorded a 9 per cent annual increase in property sales in November 2025, according to new figures from the Department of Lands and Surveys (DLS). A total of 1,644 sales documents were ...

Cyprus’ maritime procurement community gathered in Limassol for GenPro’s 5th Annual Blue Day, where industry leaders examined how artificial intelligence is reshaping sourcing and supply-chain decisions across global fleets. ...

Cyprus will allocate about €210,000 next year to support rehabilitation programmes for people addicted to gambling, according to the 2026 budget of the gaming and casino supervision commission. The figure, which has ...

Global air passenger demand rose by 6.6 per cent in October 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA). Total capacity, ...

Passenger traffic across Cyprus’ airports has exceeded 13 million travellers since January, marking the highest volume ever recorded, according to Hermes Airports. In its announcement, the company said that “for the ...

Revenue from tourism in Cyprus reached €499.9 million in September 2025, according to figures released by the Cyprus Statistical Service (Cystat) on Monday. This reflected a 10.1 per cent increase compared with €454.1m ...

Amazon and Google introduced a jointly developed multicloud networking service on Sunday to meet growing demand for reliable connectivity the companies said in a statement, at a time when even ...

Airbus fleets were returning towards normal operations on Monday after the European planemaker pushed through abrupt software changes faster than originally expected, as it wrestled with safety headlines long focused ...

India’s telecoms ministry has privately asked all smartphone makers to preload all new devices with a state-owned cyber security app, a government order showed, a move set to spark ...

Asia’s manufacturing powerhouses struggled with sluggish demand in November, extending declines in factory activity as progress in U.S. trade negotiations failed to translate into a significant recovery in ...

Cyprus’ preparations for its upcoming EU Council Presidency were the focus of a meeting between Finance Minister Makis Keravnos and Director-General of the European Commission’s budget department, Stephanie Riso, ...

Cyprus’ retail trade strengthened in October 2025, supported by broad-based consumer spending across both edible and non-edible categories, according to figures released on Monday by the Statistical Service (Cystat). The Turnover ...

Cyprus’ banking system continued to show exceptionally high liquidity in October 2025, with deposits exceeding loans by €30.8 billion, the highest level since comparable records began in 2007. The latest figures from the ...