#business

British manufacturers endured a torrid March as the US tariff threat and looming tax increases at home contributed to a plunge in new orders and ebbing optimism, a business survey ...

Cyprus’ Ministry of Energy, Commerce and Industry on Friday announced that it recently participated in the international maritime exhibition Sea Asia 2025 with an information booth. The initiative was carried out ...

The number of registered unemployed persons in Cyprus recorded a slight decrease in March 2025, according to seasonally adjusted data released by the Cyprus Statistical Service (Cystat). Specifically, the total figure ...

Tourism revenue in Cyprus reached €69.2 million in January 2025, marking a substantial increase from the year before, according to a report released on Friday by the state statistical service. This represents ...

Cyprus’ investment potential will take centre stage at the 3rd Capital Link Cyprus Business Forum in New York on Friday, where president Nikos Christodoulides will deliver the keynote speech at ...

The Cyprus Information Technology Enterprises Association (CITEA) has warned that the domestic ICT sector’s momentum may stall without urgent investment in skills and institutional support. The association delivered this ...

President Nikos Christodoulides met with Jason Rickett, Head of Corporate Relations at financial services group Citi, in New York on Thursday to discuss the global financial group’s services and ...

Technology has become an integral part of every professional sector, with real estate being no exception, according to Marinos Kineyirou, president of the Cyprus Real Estate Agents Registration Council. In ...

Inflation in Cyprus for March stood at 1.6 per cent, according to the latest Consumer Price Index (CPI) data released this week by the Cyprus Statistical Service. The index rose to 117.25 ...

The Cyprus Property Developers Association has welcomed the implementation of a fast-track building permit process for medium-risk developments, praising the Interior Ministry’s efforts to speed up licensing procedures. In ...

President Nikos Christodoulides held a meeting on Thursday in the United States with Richard Mashaal, founder of Senvest Management, and Brian Gonick, the company’s head of investments. Government spokesperson ...

The volume of new loans in Cyprus fell by 22.8 per cent in February 2025, reaching €246.1 million, compared to €318.7 million in January. According to a report released this week by the Central ...

Pay awards granted by British employers cooled during the three months to February, according to a survey that chimed with an official gauge of slowing wage growth that should keep ...

Investors added to bets on Bank of England interest rate cuts and government bond yields fell sharply as global markets braced for a hit to trade and growth from US ...

Nintendo said it will launch its Switch 2 gaming device on June 5, with the long-anticipated successor to its hit hybrid home-portable Switch retailing for $449.99. The Kyoto based-company this week announced more ...

The Bank of Cyprus on Thursday announced key updates regarding its total voting rights, share capital, and the progress of its ongoing share buyback programme. According to an announcement on ...

The Cyprus Securities and Exchange Commission (CySEC) marked this year’s Global Money Week by raising awareness about the risks, challenges, and evolving landscape of social media in investing. The ...

Finance Minister Makis Keravnos has ruled out the prospect of raising the tax-free income threshold beyond €20,500, signalling a firm stance as the government moves ahead with its new tax reform. ...

Cyprus MPs are set to vote today on a proposal to exempt casinos from a nationwide cash transaction limit of €10,000, passed by Parliament last December. The exemption would apply until ...

AstroBank Public Company Limited on Thursday announced the appointment of Charis Kynigou as an executive bember of its board of directors, effective from March 31, 2025. The bank noted that the appointment ...

The dollar slid broadly on Thursday and the euro firmed after President Donald Trump announced harsher-than-expected tariffs against US trading partners, jolting the markets as investors sought safe havens such ...

Oil prices fell by as much as 3 per cent on Thursday after US President Donald Trump announced sweeping new tariffs that investors worry will enflame a global trade war that ...

The Paphos regional tourism board (Etap) announced on Thursday that it is boosting its promotional efforts in Poland as part of its 2025 action plan. According to the announcement, the board ...

Turkish inflation is expected to end the year a bit higher than previously expected, a Reuters poll showed on Wednesday, reflecting fallout from a currency selloff after authorities detained and ...