#business

The board of directors of Agros Development Company “Proodos” Public Ltd, the parent company of the Rodon hotel, announced on Thursday that it will convene later this month to evaluate ...

Eurobank has confirmed that 6,555,561 new ordinary shares, created through the exercise of stock options by management and staff, will begin trading on Euronext Athens on Friday, September 4. The announcement follows ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday called for stronger support for families, particularly larger families, after meeting with the Pancyprian Organisation of Large Families to discuss ...

Cyprus shoppers continued to give Jumbo a lift in August, with sales at its stores on the island rising by approximately 9 per cent year on year, following a 14 per cent ...

Cyprus brought its home-grown maritime technology to an international audience in Hamburg on Wednesday, with local companies presenting tools designed to make ships safer, cleaner and more efficient.  The Cyprus ...

Cyprus’ new-home market split sharply along district lines in the first half of 2026, with Nicosia recording the most sales, Limassol attracting the largest share of spending and Paphos posting the ...

The European Central Bank (ECB) reported this week that euro area borrowing costs were broadly stable in July, while recent Cyprus data showed deposit rates remained substantially below the euro ...

The ability of artificial intelligence to process information at unprecedented speed and scale is becoming essential to how companies manage increasingly complex risks, according to a new report from advisory ...

Cyprus’ hotel sector is hoping to limit its losses for 2026 to around 10 per cent, after a difficult spring was followed by more encouraging bookings in July and August, the director-general ...

Nearly half of all European Union household expenditure was absorbed by basic necessities in January 2026, according to official figures published by Eurostat. The statistical office of the European Union revealed ...

Cyprus travellers can pay to shorten security and passport queues, but the same words mean very different things from one airport to another Fast Track sounds reassuringly simple until a ...

Agricultural input and investment prices in Cyprus fell by 2.62 per cent year-on-year in the first quarter of 2026, while producer prices for agricultural products increased by 5.4 per cent, according to data ...

Demetra Holdings Plc purchased 3,100 of its own shares on September 1, as part of an ongoing share buyback scheme, the company announced on Wednesday. The transaction was executed on the Cyprus ...

Cyprus banks reported stable lending standards and stronger household demand for credit during the second quarter of 2026, while uncertainty surrounding the Middle East crisis weighed on some business investment plans, ...

Alpha Bank Cyprus has won two awards at the 2026 World’s Best Digital Bank Awards, recognising its mobile banking application and integrated consumer banking website. The bank was named Cyprus ...

Limassol’s seafront will become an open-air gateway to the world of shipping on October 10, as the Thalassa festival returns with a full day of interactive activities aimed particularly at ...

Cyprus hotel sector relies on late autumn bookings to offset early losses Cyprus’ hotel sector is hoping to limit its losses for 2026 to around 10 per cent, after a difficult spring ...

Eurobank has raised €600 million through a seven-year green senior preferred bond, with the final order book reaching about €1.4 billion as international investors showed strong demand for the issue, the bank ...

Financial technology and stockbrokerage company Freedom24 is exploring the possibility of establishing a presence in Geneva as the European financial technology firm considers Switzerland a market of long-term strategic interest, ...

Cyprus and Greece have established their first quantum-secure satellite data connection, Sparkle and Hellas Sat announced on Wednesday, in a development aimed at protecting communications against future cyber threats. The ...

More planning and building permit applications were cleared than filed in Larnaca in July, allowing the district authority to work through older cases while keeping pace with new demand. The ...

The Clean Shipping Coalition has called on International Maritime Organisation (IMO) member states to hold firm in their support for the Net-Zero Framework, according to a statement released this week.  ...

Eurobank will issue more than 6.55 million new ordinary voting shares following the exercise of stock options by 231 members of its management and staff, with the new shares set to be ...

Cyprus had one of the lowest shares of internet users paying for film, series or sports streaming services in the EU in 2025, according to Eurostat data. Some 26.97 per cent of ...