#business

Alpha Bank Cyprus on Wednesday announced that it has completed the implementation of Salesforce Financial Services Cloud (FSC) as part of a new investment aimed at accelerating its digital transformation ...

The humanitarian crisis aboard the Palau-flagged tanker MT HONOUR 25 is worsening, with 17 seafarers still being held more than two months after the vessel was hijacked in waters off Somalia.  The ...

Ellinas Finance Public Company Ltd announced on Wednesday the successful repayment of its Series B bond, which reached its maturity date. The company formally notified the Cyprus Stock Exchange (CSE) ...

International shipping is facing a fresh wave of uncertainty, as security risks in the Strait of Hormuz intensify following new attacks on commercial vessels, while Super Typhoon Bavi threatens to ...

Electric vehicle market share inches higher in Cyprus amid European shift Cyprus’ motor vehicle registrations increased by 13.2 per cent during the first half of 2026, with hybrid cars accounting for more ...

The assets under management of Cyprus’ collective investment sector fell to €11.2 billion in the fourth quarter of 2025, according to figures published on Wednesday by the Cyprus Securities and Exchange Commission (...

Cyprus will continue to play an active role in shaping international maritime policy, with a focus on sustainability, competitiveness and safe navigation, Deputy Shipping Minister Marina Hadjimanolis said during a ...

The 14th Invest Cyprus International Investment Awards are due to take place on Thursday, July 9, at the Hilton Nicosia to recognise foreign companies that have made significant contributions to 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...

Cyprus hoteliers association Pasyxe has elected Yiannos Pantazis as its new president, with Thanos Michaelides stepping down after three years in the role, as the association marked its 90th anniversary ...

The European Central Bank on Tuesday gave eurozone banks four months to draw up plans to counter AI-enabled cyber threats ​that could undermine confidence in the financial system and disrupt ‌...

Greek and Cypriot bank shares are expected to continue outperforming, with investment firm Axia-Alpha Finance raising its target prices and maintaining buy recommendations, while identifying Eurobank and the Bank of ...

Telecommunications provider Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, marking a strategic investment aimed at expanding Cyprus’ digital infrastructure and strengthening ...

Card payment company Visa this week announced the launch of the Visa Threat Intelligence Platform (VTIP), a sophisticated solution designed to assist financial institutions in identifying and addressing cyber threats ...

The Bank of England on Tuesday set out plans to relax rules ‌on how much capital banks have to hold against shocks, aiming to align requirements for British banks more ...

Eurobank this week announced the launch of a new programme titled Business Banking Construction Sector, which is designed to provide specialised financial solutions to one of the most vital areas ...

European Parliament members voted on Tuesday to approve extensive changes to air passenger rights, aiming to secure faster compensation and improved transparency for travellers. The new regulations, passed with 646 votes ...

Finance Minister Makis Keravnos will travel to Brussels on Wednesday to participate in meetings of the Eurogroup on July 9 and the ECOFIN Council on July 10, where European Union finance ministers ...

Greek airline Aegean announced this week that credit rating agency ICAP CRIF Ratings has maintained its AA rating for the company. This decision was reached on July 03, 2026, as part of ...

The board of directors of Orca Investments Plc announced on Tuesday that it has successfully completed the payment of a dividend from the retained earnings of the 2023 financial year. This ...

Cyprus’ tourism industry remained heavily concentrated in the summer months during 2025, with Eurostat figures showing that August and July were by far the busiest periods for overnight stays in tourist ...

Geopolitical tensions impact tourism and services exports but construction remains key pillar for economic activity in Cyprus Cyprus’ economic growth slowed to its weakest pace in ten quarters during the ...

Cyprus’ industrial sector generated higher value added and recorded a modest increase in employment during 2024, according to figures released by the Cyprus Statistical Service (Cystat), with manufacturing remaining the main ...

Telecommunications provider Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, marking a strategic investment aimed at expanding Cyprus’ digital infrastructure and strengthening ...