#business

The possible closure of the Strait of Hormuz is expected to disrupt supply chains and commercial activity, with knock-on effects on prices, the secretary general of the Cyprus Chamber of ...

Iran’s retaliatory strikes across the Gulf have triggered the most widespread business disruption in the region since the COVID-19 pandemic, forcing airport closures, halting port operations and sending shockwaves ...

Travel shares fell sharply on Monday as escalating conflict between the US, Israel and Iran disrupted flights around the globe, forced the closure of key Middle Eastern hubs and sent ...

The global shipping industry has moved swiftly to shield fleets and crews as tensions between the United States, Israel and Iran spill into key maritime corridors, prompting warnings from governments, ...

Cyprus secured a position as a digital leader following the release of the European Union’s 2025 open data maturity assessment. According to the report, Cyprus achieved an overall maturity score ...

The Enterprise Europe Network Cyprus informed stakeholders of a European Commission public consultation on the proposed Construction Services Act, a flagship initiative under the Single Market Strategy. The network, whose ...

The European Union recorded a 1.9 per cent decrease in gross fixed capital formation during 2024 compared with the previous year, according to figures released by Eurostat. This figure serves as a ...

Limassol’s Kourion municipality is accelerating plans for a new industrial area in Kokkinokampos with direct access to the Limassol–Saittas motorway, aiming to address growing storage and light industry ...

The Cyprus Stock Exchange (CSE) has announced the organisation of a seminar and oral examination for certification as Clearing Officers, Certified Clearers and Settlement Agents, inviting interested candidates to apply ...

HP Inc warned that it expected volatility in memory chips to persist even into next year and forecast a slump in its PC shipments, sending its shares down around 6 per ...

Nearly 1 million Britons aged 16-24 were not in employment, education or training at the end of last year, the second-highest level in more than a decade, according to official data. ...

Are Cypriot firms automating authority faster than they are governing it? The AI risk discussion in Cyprus often focuses on the wrong problem. By Petros Nearchou Most of the conversation ...

Cyprus’ economic expansion in 2026 reflects the consolidation of a model heavily reliant on services, foreign investment and cross-border business flows, strengthening its role as a bridge between Europe and neighbouring ...

Here are the top business stories in Cyprus from the week starting February 23: Cyprus and Serbia have agreed to sign a Memorandum of Cooperation in tourism in the coming months, ...

Alena Padalnitskaya, Head of The League of Analysts at Zubr Capital, shared her perspective on why decision-making under uncertainty has become a critical growth factor for investment ecosystems. She explained ...

The Net Zero Asset Managers initiative re-launched this week with more than 250 members after a year-long suspension and with looser rules after a US political backlash prompted BlackRock (BLK.N) ...

Artificial intelligence lab Anthropic has unveiled 10 new ways for business customers to plug in its technology to key areas of their work, weeks after other releases sparked an aggressive selloff ...

Advanced Micro Devices (AMD.O) announced this week that it has agreed to sell up to $60 billion worth of artificial intelligence chips to Meta Platforms (META.O) over five years. ...

Santander (SAN.MC) aims to boost its profit to more than 20 billion euros by 2028, helped by growth in its US and UK markets, a rise in customer numbers and cost ...

The revised Cypriot tax system, which has been in effect since January 1, 2026, will be presented to businesses and investment organisations in Greece during a special event in Athens. The presentation ...

Sustainable and resilient tourism will be a key priority of the EU council presidency, Deputy Tourism Minister Kostas Koumis said on Friday, addressing a European conference in Nicosia on climate ...

By Pavlos Loizou In recent months, Cyprus developers have intensified pressure on the government to relax planning regulations by reducing minimum apartment sizes and abolishing mandatory parking requirements per unit. ...

Diageo’s (DGE.L) new boss Dave Lewis cut the company’s annual sales forecast and dividend in his first results presentation earlier this week, sending its shares down 6 per ...

HSBC Holdings (HSBA.L) lifted a key earnings target after its annual profit beat expectations, a decision which reflects that most of the bank’s planned overhaul has now been ...