#business

Key guidance to help thousands of companies comply with the European Union’s landmark artificial intelligence rules may come at the end of the year, the European Commission said on ...

British house prices fell by 0.8 per cent in June, a sharper fall than forecast and the biggest monthly decline in more than two years, as a discount on property transactions ...

Britain’s financial regulator has said that it will make it easier for investment firms to give customers support with their pensions and investments, a move broadly welcomed by finance ...

Bank workers’ union (Etyk) last week held a special event in honour of former Central Bank of Cyprus (CBC) governor Constantinos Herodotou. According to a statement released on Friday, the ...

Thirteen bounced cheques totalling €28,296 were registered in the preliminary list of the Central Information Register (CIR) in June, according to a report published on Friday by the Central Bank of ...

After a year in office, Britain’s finance minister Rachel Reeves faces a reckoning over unmet promises of economic stability, with a stop-start economy and restive bond markets pointing to ...

The Finance Ministry on Friday announced the scheduled delisting of Cyprus government treasury bills from the fourth issuance of 2025, which are set to mature on July 25, 2025. The treasury bills in ...

Freedom Holding Corp. on Friday announced that it has secured a notable vote of confidence from institutional investors, as its shares were added to the First Trust Financials AlphaDEX Fund (...

The Bank of Cyprus (BoC) on Friday announced a revision to its privacy statement, saying this part of its ongoing efforts to safeguard personal data and ensure full compliance with ...

The Cyprus House Price Index (HPI) climbed to 113.71 units in the first quarter of 2025, reflecting a 2 per cent increase compared with the same period in 2024, according to a preliminary estimate ...

Cyprus’ Industrial Turnover Index climbed to 137.2 units in April 2025, marking a 1.6 per cent increase compared with April 2024, according to data released on Friday by the Cyprus Statistical Service (Cystat). The ...

The Paphos regional tourism board (Etap) this week called for a revision of local bus timetables following the completion of its first free community excursion programme to the Akamas region, ...

Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard security and public order while maintaining an open environment for investors. The Council ...

State-owned asset management company (Kedipes) announced this week that it has officially terminated its interest subsidy scheme for performing credit facilities indexed to the European Central Bank’s main refinancing ...

The Transport Ministry on Friday announced the signing of a contract for dredging works at Larnaca marina. “We are pleased to announce the signing of the contract for the dredging ...

Dubai Silicon Oasis, part of the Dubai Integrated Economic Zones Authority (DIEZ), has partnered with The Doers Company to host the first Middle East edition of its Doers Summit, aiming ...

The hotel industry is bracing for fresh tensions as unions and employers clash over alleged breaches of the collective agreement signed in December 2024. According to a report in Philenews, the ...

The International Chamber of Shipping (ICS) and European shipowners welcomed the Hong Kong International Convention for the safe and environmentally sound recycling of ships entering into force globally this week. ...

Growth in the eurozone’s dominant services industry resumed in June after a brief contraction in May, though the pace remained marginal as demand remained weak despite improving business confidence, ...

Greece’s power grid operator on Thursday pushed back against mounting criticism over its demand that Cyprus cover part of the costs for the undersea electricity interconnection project linking Cyprus, ...

British businesses have trimmed their expectations for wage growth over the coming year, a Bank of England survey conducted in June showed on Thursday. Firms expected wage growth of 3.6 per ...

The UAE’s non-oil private sector grew steadily in June even as regional tensions weighed on demand, and firms ramped up output to tackle backlogs, a survey showed on Thursday. ...

The Thalia 2021–2027 Cohesion Policy Programme is currently Cyprus’ most ambitious effort to support small and medium-sized enterprises (SMEs), with a total budget of €1.8 billion, including €969 million from the European Union ...

Cyprus recorded €75.7 million in high-value property transactions in May 2025, showing a strong rebound from April, with Nicosia leading the market, according to real estate analytics firm Ask Wire. Land Registry ...