#business

ADNOC Drilling (ADNOCDRILL.AD), a unit of Abu Dhabi’s state oil giant, reported a 19 per cent rise in second-quarter profit this week, supported by strong performance in its oilfield ...

GSK (GSK.L) expects to deliver annual sales and profit growth towards the top end of its forecasts after beating second-quarter expectations earlier this week, in a boost to its ...

A rouble-backed stablecoin that could help Russia circumvent Western restrictions on payments has seen a jump in transaction volumes in July, with funds moved through the coin surging past $40 billion ...

The European Central Bank (ECB) and the European Banking Authority (EBA) on Friday published the results of the 2025 EU-wide stress test, showing that the euro area banking sector is resilient ...

By Theodoros Zachariadis The serious fires of recent days have naturally been addressed by grief over the loss of life, injuries, and destruction, as well as estimates of the economic ...

Eurobank has reported adjusted net profits of €711 million for the first half of 2025, marking a decline of 2.9 per cent compared to the same period last year. In addition, the bank’...

Greece, France, Germany, Italy and other Schengen member states are gearing up to activate the European Union’s new Entry/Exit System (EES) from October, a move expected to streamline ...

The Dubai International Financial Center (DIFC) has announced that company registrations grew 32 per cent in the first half of the year as the financial hub welcomed 1,081 new companies, including asset ...

A downturn in British retail sales extended into its 10th month in July as rising prices weighed on consumers, although the pace of the fall was less severe than in ...

Saudi Arabia, the world’s biggest oil exporter, may hike crude oil prices for Asian buyers for the second month in a row, with September prices set to hit five-month ...

Global air passenger demand rose by 2.6 per cent in June 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA).   Capacity, measured ...

The Ministry of Energy, Commerce and Industry, in collaboration with the Cyprus Trade Centre in Beijing, participated with an information kiosk at the 3rd China International Supply Chain Expo (CISCE), ...

The Cyprus Stock Exchange (CSE) has confirmed the continuation of the suspension of trading for the shares of Hangji Global Ltd, which is listed on the Emerging Companies Market. The ...

Cyprus is putting in the effort to build an attractive AI ecossytem, Chief Scientist Demetris Skourides said on the blockCAST show podcast in Dubai, joining hosts Anton Golub and Demetrios ...

Deputy Tourism Minister Kostas Koumis, recently met separately with the British High Commissioner to Cyprus Michael Tatham, and the French Ambassador to Cyprus Clelia Chevrier Kolacko, to explore ways of ...

The Turnover Value Index of Retail Trade in Cyprus rose by 5.9 per cent in June 2025, compared to the same month of the previous year, according to the state statistical service (...

Eurobank has reported adjusted net profits of €711 million for the first half of 2025, marking a decline of 2.9 per cent compared to the same period last year. In addition, the bank’...

Net new loans in Cyprus recorded a significant increase in June 2025, reaching €642.8 million compared to €297.8 million in May, according to data published this week by the Central Bank of Cyprus (...

The Bank of Cyprus on Friday confirmed that its total issued share capital stood at 435,686,031 ordinary shares as of July 31, 2025, each with a nominal value of €0.10. In a filing to ...

A new monthly publication by Hermes Airports, Flight Mode, sheds light on how airlines decide to launch new routes, underlining that behind every added destination lies a complex, data-driven strategy ...

Safe Bulkers, the Limassol-based shipowner listed in New York Stock Exchange, squeezed out a profit in Q2, 2025 despite surging costs, weaker rates and geopolitical instability, with six newbuilds underway and ...

“Luxury is about space, privacy and authenticity” Few destinations embody the quiet elegance and natural beauty of the Mediterranean quite like Anassa, one of Cyprus’ most iconic luxury resorts.  Nestled ...

Interest rates on consumer and housing loans in Cyprus recorded a fresh increase in June 2025, according to figures released this week by the Central Bank of Cyprus (CBC). In contrast, ...

Cyprus has signed the second tranche of a €200 million loan agreement with the European Investment Bank (EIB), unlocking an additional €100 million to support road infrastructure and sustainable transport projects across ...