#business

Passenger traffic at Cyprus’ two airports fell by 4.11 per cent in June, a smaller decline than the sharper losses recorded earlier in the year, according to Hermes Airports.  A total ...

Volkswagen’s (VOWG.DE) proposal to cut up to ​100,000 jobs and close four German factories faces a major test on Thursday as the groups that control Europe’s largest carmaker ‌...

Vassiliko Cement Works Public Company Ltd has completed the payment of its approved dividend, with eligible shareholders receiving €0.23 per share as of July 7, 2026, the company announced. The dividend comprised €0.22 per ...

Limassol-based Island Oil (Holdings) Ltd has announced the acquisition of two oil tankers, Island Polaris and Island Horizon, further expanding its owned fleet as it seeks to strengthen its position ...

Keo plc shareholders approved a dividend of €1.69 million at the company’s annual general meeting on July 8, 2026, with the payment set to be distributed to eligible investors by August 17, 2026. According ...

The Cyprus Securities and Exchange Commission (CySEC) on Thurssday highlighted its contribution to Cyprus’ Presidency of the Council of the European Union, saying it played an active role in negotiations ...

The digital asset market is entering a more demanding phase, one in which technology alone is no longer enough. After years in which crypto was often discussed through the lens ...

The security situation around Iran’s southern coast worsened again on Thursday, after the US launched a fresh round of strikes on Iranian targets and Tehran responded by firing at ...

The Bank of Cyprus and Wealthyhood have launched a co-branded investment platform aimed at making investing more accessible in Cyprus, with the app available to all residents regardless of whether ...

Cyprus’ property market is evolving beyond a single national narrative, with regional differences, affordability pressures and changing buyer priorities increasingly defining its direction. At the same time, policymakers and industry ...

The Digital Cooperation Organisation (DCO) has launched a new guidebook designed to help governments develop ethical artificial intelligence policies, unveiling the initiative during a high-level event held alongside the first ...

Deputy Shipping Minister Marina Hadjimanolis has reaffirmed Cyprus’ commitment to international maritime cooperation during a reception held at the headquarters of the International Maritime Organisation (IMO) in London, as the ...

The Central Bank of Cyprus (CBC) has highlighted a new warning from the European Systemic Risk Board (ESRB) over the growing cyber risks posed by advanced artificial intelligence models, saying ...

The Cyprus Securities and Exchange Commission (CySEC) has warned regulated financial firms to strengthen their anti-money laundering controls following the end of the European Union’s transition period under the ...

Cypriot founder Nicole Georgiou has launched i spy in London, a new fashion-tech platform aiming to rethink the way people discover, save and shop the outfits they see online.  The 25...

Airbus (AIR.PA) on ​Wednesday revised down its 20-year industry-wide forecast for passenger aircraft demand by 1 per cent after the Iran war and trade tensions slammed ‌the brakes on what ...

German carmaker Mercedes-Benz (MBGn.DE) said on Wednesday sales in its core ​car business continued to fall ‌in the second quarter, declining 8 per cent year-on-year due to intense competition in ...

Britain’s jobs market downturn eased slightly last month, according to a survey of recruitment companies on Wednesday that ​showed an upturn in temporary hiring and starting ‌salaries. The monthly ...

Greek National Economy and Finance Minister and Eurogroup president Kyriakos Pierrakakis on Wednesday called for a more ambitious European strategy centred on technology, energy integration and the digital euro, during ...

The Cyprus Securities and Exchange Commission (CySEC) has imposed an administrative fine of €2,000 on Topsmart Investments AIFLNP V.C.I.C. Limited. The decision was finalised by the CySEC board ...

The Central Bank of Cyprus (CBC) hosted the governor of the Central Bank of Montenegro and a senior delegation on July 7, with discussions focusing on Cyprus’ experience of European integration, ...

Total beer deliveries from breweries in Cyprus fell by 2.7 per cent in June 2026, compared with the same month last year, driven largely by a sharp decline in exports, according to ...

The future of payments will depend on trust, effective supervision and responsible innovation, senior officials from the Cyprus Securities and Exchange Commission (CySEC) and the Central Bank of Cyprus (CBC) ...

Cyprus’ tourism sector remains under pressure from the fallout of the Middle East crisis, although the picture has improved since June, new hoteliers association Pasyxe president Yiannos Pantazis said.  In ...