#business

Cyprus recorded 3.3 per cent annual economic growth in the second quarter of 2026, significantly outperforming the euro area and EU, according to Eurostat and preliminary data from the Statistical Service. The ...

Retail fuel prices have surged across the euro area in 2026 following the outbreak of the conflict in the Middle East, driving up energy inflation and prompting fresh analysis from European ...

Intel (INTC.O) raised $20 billion from an upsized share offering earlier this week, as it looks to fund the costly ​build-out of its chip contract manufacturing business by cashing in ...

The world notices shipping when fuel prices rise, cargo is delayed or goods become more expensive. Far less attention is paid to the people still on board, watching through the ...

President and Finance Minister welcome the latest figures, highlighting prudent government policy Cyprus recorded 3.3 per cent annual economic growth in the second quarter of 2026, more than three times the eurozone ...

The number of investment funds operating in Cyprus rose to 353 in June 2026, while their total assets increased by 2.5 per cent to €8.37 billion, according to a report released by the Central ...

Sir Demis Hassabis, the son of a Greek Cypriot father from Famagusta, is using his move away from the day-to-day running of Google DeepMind to press for independent oversight of ...

Climate-related risks across EU and European Economic Area (EEA) banks remained broadly stable during the second half of 2025, while the availability and quality of climate data continued to improve, according ...

Greek banking groups with operations in Cyprus delivered stronger-than-expected second-quarter results, with faster lending growth, resilient interest income and rising fee revenue prompting analysts to remain upbeat about the sector’...

New European Union rules covering the design, production and disposal of vehicles entered into force this week, setting binding recycled-plastic targets and tightening controls on the export of used cars.  ...

Cyprus has spent years trying to turn itself into a technology hub, attracting fintech firms, software companies, gaming, startups and, increasingly, businesses built around artificial intelligence.  By several measures, it ...

Paralimni’s central core is a step closer to a major overhaul after the municipality secured planning permission for a redevelopment designed to reshape the heart of the town and ...

iPhone users spend approximately 40 per cent more on microdrama apps than Android users, according to new research published by technology analyst firm Omdia. The findings challenge common assumptions surrounding who ...

The share of coal in total EU electricity production fell to a historic low of 9.2 per cent in 2025, according to official data released by Eurostat on Thursday. The figures mark ...

Cyprus is looking to make artificial intelligence a central part of its tourism strategy, with Tourism Deputy Minister Kostas Koumis and Chief Scientist for Research, Innovation and Technology Demetris Skourides ...

Mitsides Public Company Limited completed the payment of a €410,000 final dividend to eligible shareholders on August 13, 2026, according to an announcement released on Thursday. This follows an initial market announcement made ...

The cost of filling a 1,000-litre heating oil tank in Cyprus has risen by almost €500 since March, prompting fresh questions over whether retail fuel prices are being properly monitored.  The ...

Cyprus banks’ non-performing loan ratio remained at 1.6 per cent at the end of May 2026, according to the Central Bank of Cyprus (CBC), leaving the sector’s asset quality significantly better ...

Cyprus recorded a 1.3 per cent drop in industrial output in June 2026, contrasting with stable production across the broader euro area, according to a report from Eurostat. The statistical office of ...

The Central Bank of Cyprus (CBC) has extended the deadline for companies seeking to mint, package and deliver Cyprus euro silver and gold collector coins, giving potential bidders until September 25, 2026 ...

Demetra Holdings Plc repurchased 3,660 of its own shares on August 12, 2026, as part of an ongoing share buyback scheme, according to an official corporate filing released on Thursday. The transactions were ...

The Cyprus Stock Exchange (CSE) on Thursday announced that it had extended the suspension of trading in the shares of the Reputation Exchange Plc on its Emerging Companies Market (ECM) ...

Paralimni’s central core is a step closer to a major overhaul after the municipality secured planning permission for a redevelopment designed to reshape the heart of the town and ...

Europe’s fragmented banking market has become a strategic vulnerability that could undermine the continent’s ability to finance its own future, according to Eurogroup President Kyriakos Pierrakakis. “Fragmentation is ...