#business

Goldman Sachs expects the National Bank of Greece to make an interim distribution of around €220 million in the third quarter, despite management neither confirming nor ruling out such a move. ...

Greek food services conglomerate Vivartia group is in discussions over a potential sale of its food-service arm Evergood to a subsidiary of Fairfax Financial Holdings, with the talks having already ...

Hotel occupancy in the Paphos district is expected to reach between 85 and 90 per cent in August, according to Paphos hoteliers association president Evripides Loizides, who nevertheless warned that falling room ...

CoreWeave (CRWV.O) lifted its annual capital spending forecast ‌this week after beating second-quarter estimates, betting on a surge in demand for its AI cloud computing services, sending the company’...

Ryanair has announced that it will deploy Google’s Gemini AI tools and DeepMind models across its operations ​under a new five-year cloud partnership, using the technology to ‌help manage ...

Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, posted a record profit of 1.75 ​trillion Norwegian crowns ($184.3 billion) for the first half of the ​year, lifted by technology stocks, ...

European financial regulators have proposed ending initial margin requirements for both new and existing uncleared derivatives contracts for counterparties whose average derivatives exposure falls below the €8 billion threshold under the ...

Crypto.com has launched its Tokenised Stocks product across the European Economic Area (EEA) through Cyprus-regulated Foris Capital CY Limited, offering eligible users price exposure to 1,500 US stocks and exchange-traded ...

A sharp rise in building permits points to a stronger construction sector and a positive outlook for the wider Cypriot economy, according to the Cyprus employers and industrialists federation (Oev) ...

Road freight transport in Cyprus increased in the first quarter of 2026, with the weight of goods moved within the country rising by 2.3 per cent and freight transported to and from ...

Hotel occupancy in the Famagusta district is expected to reach between 80 and 85 per cent in August, as the tourism sector recovers from a difficult start to the season, according to ...

International Maritime Organisation (IMO) Secretary-General Arsenio Dominguez has condemned the deadly attack on the cargo ship Tihamah off Yemen, warning that continued violence against commercial vessels is endangering seafarers and ...

Hotel occupancy in the Paphos district is expected to reach between 85 and 90 per cent in August, according to Paphos hoteliers association president Evripides Loizides, who nevertheless warned that falling room ...

Cyprus-based technology company Powersoft365 will return to Indonesia later this month with eight operational AI agents developed for the apparel, fashion and retail industry.  The company will showcase the technology ...

AI increasingly shapes fintech jobs, research finds Cyprus remained the leading global hiring hub for online trading firms as of July 14, 2026, with 226 vacancies, even as overall recruitment across the sector ...

Analysis from the Central Bank of Cyprus links stronger internal audit to public trust The Central Bank of Cyprus (CBC) has published a piece of analysis by its internal audit ...

Citi has raised its target price for Alpha Bank to €5.30 from €4.70 following the Greek lender’s strong second-quarter results, while retaining its buy recommendation for the shares. Based on Alpha ...

Hotels in Limassol have reached around 90 per cent occupancy in August, matching last year’s booking levels as a rise in last-minute reservations helped the city recover from earlier concerns ...

Trading platform eToro beat Wall Street estimates for second-quarter profit on Tuesday and said it would buy rival TradeZero in a cash-and-stock deal worth ​up to $231 million, as it looks ...

The Cyprus Stock Exchange (CSE) has announced that listed entity Upyachting Management PLC has officially changed its name to UP Ventures PLC. This corporate rebrand on the Emerging Companies Market (...

Demetra Holdings Plc bought back 3,630 of its own shares on August 10, 2026, as part of its ongoing capital management strategy on the Cyprus Stock Exchange (CSE). The announcement was formally made ...

Nearly two-thirds of tanker crossings through the Strait of Hormuz since July 14 took place without active tracking signals, leaving oil traders, shipowners and regulators with an increasingly incomplete picture of ...

Limassol hotel occupancy reaches 90 per cent in August on late bookings surge Hotels in Limassol have reached around 90 per cent occupancy in August, matching last year’s booking levels as ...

Freedom Holding Corp, the parent company of Freedom24, reported a 40 per cent year-on-year increase in net revenue for the first quarter of its 2027 financial year, driven by strong growth across ...