#business

The Bank of Cyprus (BoC) on Tuesday announced that it has revised its privacy statement as part of a broader strategy to ensure the comprehensive protection of personal data. This ...

Russia risks an “explosive” banking crisis because lenders are shouldering much of the burden of the country’s war economy, a European state intelligence report seen ​by Reuters has warned, ...

Cyprus recorded the highest monthly increase in the volume of retail trade among European Union member states during May 2026, according to the latest figures published by Eurostat, the statistical office ...

Cyprus’ Composite Leading Economic Index (CCLEI) remained in negative territory in June 2026, posting a year-on-year decline of 0.65 per cent, according to the latest estimates published by the Economics Research Centre ...

Alpha Bank Cyprus has announced changes to its executive committee, appointing Penny Spiliotopoulou as chief financial officer (CFO) while expanding the responsibilities of Chief Private Banking Officer Charis Kynigou Landas, ...

Cyprus recorded the highest monthly increase in industrial producer prices across the European Union during May 2026, according to the latest data released by Eurostat. Specifically, Cyprus saw a surge of 3.6 ...

The Bank of England could give Britain’s government bond market a boost this week and lower public borrowing costs by more than £1 ​billion ($1.3 billion) a year, banks say — but ...

British new car sales in June climbed 11.4 per cent from year-ago ​levels to their strongest since 2019, with battery electric vehicles taking ‌a record share of the market as consumer demand ...

The board of directors of the Mall of Cyprus (MC) Plc has announced that it will convene its annual general meeting on July 30, 2026. Shareholders are due to review the audited ...

GlobalWealth Group PLC announced on Monday that it has reached a substantial completion regarding its strategic share exchange with the founders and shareholders of Wealthyhood Ltd. This development follows a ...

New housing loans in Cyprus recorded a significant increase in May 2026, while the average interest rate on new housing purchase loans stood at 4.06 per cent, according to the latest data ...

Cyprus recorded a return to growth in house sales in 2025, with transactions rising by 3.8 per cent, according to Eurostat data covering EU housing market trends across member states. The increase ...

Cyprus’ wholesale and retail trade sector recorded broad-based growth in 2024, with turnover, production value, value added and employment all increasing compared with the previous year, according to figures from by ...

Cyprus’ construction sector recorded a modest annual growth of 0.7 per cent in production and a more noticeable rise of 4.7 per cent in output prices during the first quarter of 2026, according ...

Alpha Bank Cyprus has announced changes to its executive committee, appointing Penny Spiliotopoulou as chief financial officer (CFO) while expanding the responsibilities of Chief Private Banking Officer Charis Kynigou Landas, ...

Greek lender Eurobank S.A. announced on Monday that it repurchased over 2.7 million of its own shares during a five-day trading period at a total cost exceeding €11.3 million. The transaction ...

Alkis H. Hadjikyriacos (Frou Frou Biscuits) Public Ltd confirmed on Monday that it has successfully completed the payment of a dividend to its shareholders. The announcement was formalised by the ...

Aegean brings new opportunities for Paphos travelers Aegean Airlines resumed flights to and from Paphos International Airport last week, with the Paphos regional tourism board (Etap) welcoming the airline’s ...

The Cyprus AI Expo 2026 concludes on Monday at UCLan Cyprus University in Larnaca, after a three-day programme bringing together policymakers, entrepreneurs, researchers, developers and business professionals for discussions on the ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Institute of Directors and Corporate Governance (CyIoDCG) have signed a memorandum of cooperation aimed at strengthening corporate governance, business ...

Cyprus’ Chief Scientist Demetris Skourides has been ranked among the world’s leading LinkedIn creators in GovTech and the public sector, in a recognition he said reflects the island’s ...

Cyprus’ air connectivity will not be affected by the revision of European state aid rules for aviation, the Transport Ministry said on Sunday, stressing that the country’s existing airline ...

The International Chamber of Shipping (ICS) marked a busy June with a change of leadership, the launch of several major industry reports and renewed calls for action on seafarer welfare ...

Steelmaker SSAB (SSABa.ST) is spending €6 billion to upgrade its operations, switching from coal to low-carbon hydrogen in a bet that European Union policies would reward lower-emission production and help ...