#business

Parliament on Thursday approved Cyta’s €597.9 million budget for 2026 with 33 votes in favour, while also backing an amendment that requires prior scrutiny by the House Finance Committee before 17 senior officer ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a circular directing Cyprus Investment Firms (CIFs) to complete an electronic questionnaire regarding their cross-border activity during the 2025 calendar year. This ...

The European Union exported €554.0 billion worth of goods to the United States and imported €354.4 billion during 2025, resulting in a €199.6 billion trade surplus, according to Eurostat. Compared with 2024, both exports and ...

Cyprus’ tourism sector posted a record year in 2025, with its share of GDP rising to 14 per cent from 13.1 per cent, emphasising its role as a core contributor to economic growth, ...

The Cyprus Shipping Chamber (CSC) held its February members’ meeting this week, during which members were briefed on the new Cyprus tax reform framework. According to an update from the ...

Sentiment in Britain’s business and professional services sector became markedly less negative in the current quarter, ending more than a year of declines, but consumer-facing businesses remain downbeat, a ...

The Central Bank of Cyprus (CBC) on Thursday reported a sharp net decrease of €851.2 million in total deposits for January 2026, even as annual loan growth accelerated. According to the CBC’...

Cyprus’ tourism sector posted a record year in 2025, with its share of GDP rising to 14 per cent from 13.1 per cent, emphasising its role as a core contributor to economic growth, ...

The Cyprus Securities and Exchange Commission (CySEC) has released a statement informing investors that it identified another four websites that are not operated by entities authorised to provide investment services ...

Finance Minister Makis Keravnos on Thursday chaired the first General Affairs Council on Cohesion Policy under the Cyprus EU Presidency, stressing the policy’s central role in strengthening competitiveness and ...

Total employment in Cyprus rose to 531,062 persons, representing 65.2 per cent of the population, in the fourth quarter of 2025, according to the Labour Force Survey released by the Cyprus Statistical Service (...

The Cyprus Industrial Production Index rose to 113.0 units in December 2025, marking a 3.5 per cent increase compared with the same month a year earlier, according to the Cyprus Statistical Service (Cystat). ...

Piraeus Bank on Thursday announced strong profitability of €1.1 billion for 2025, corresponding to a 16 per cent return on tangible equity, adjusted for extraordinary items. At the same time, net profit amounted ...

GlobalWealth Group PLC on Thursday announced to the Cyprus Stock Exchange that it has signed an agreement for the potential acquisition of a stake in Vergina Kypros TV Ltd as ...

Artificial intelligence is boosting productivity in the eurozone but it is not yet causing a wave of layoffs due to greater automation of labour, European Central Bank President Christine Lagarde ...

Cyberattacks targeting the global maritime industry surged 103 per cent in 2025, rising from 408 incidents in 2024 to 828 incidents last year, as threat actors moved beyond data breaches and began targeting the core ...

Cypriot insurance provider ERB Cyprialife held its “Legends Awards 2026” at ParkLane hotel in Limassol on February 20, honouring insurance advisers and executives who are shaping the future of the insurance market ...

Cyprus’ economic climate weakened in February, as a downturn in the services sector weighed on overall sentiment, while economic uncertainty rose among consumers and most businesses, according to the University ...

The board of directors of ASBISc Enterprises Plc, the Cyprus-based IT distributor primarily known as Asbis, has announced that estimated consolidated revenues for January 2026 reached approximately $379 million, marking a sharp ...

Eurobank S.A. has issued an updated financial calendar for 2026, revising its reporting schedule to provide investors with specific timelines for the release of its full-year 2025 results. The bank confirmed ...

One in three people and more than half of businesses in Cyprus were hit by cyberattacks in the past 12 months, according to two nationwide surveys by the Communications Commissioner and ...

BMW (BMWG.DE) and the European Commission are in talks about a possible minimum pricing model that could replace EU tariffs on the German carmaker’s Chinese-made Mini electric vehicles, ...

The German economy expanded by 0.3 per cent in the fourth quarter of 2025 as domestic demand and construction investment helped Europe’s largest economy end a turbulent year on a positive ...

British travel company Jet2 (JET2.L) has announced that it expects to report annual profit in line with market estimates, adding that its on-sale capacity for Summer 2026 has risen from ...