#business

Cyprus’ state workforce reached 53,747 employees in July 2026, rising by 300 people or 0.6 per cent from 53,447 a year earlier, according to figures released by the statistical service (Cystat). The increase came as ...

PR expert sees untapped potential in Cyprus innovation scene Cyprus’ startup and investment scene is expanding rapidly, but founders still face the challenge of making their businesses visible beyond the ...

Cyprus-based biotech innovator Marianna Prokopi-Demetriades has been named the 2026 Study UK Alumni Awards global winner for Business and Innovation, becoming one of only four people worldwide to receive the British ...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it will suspend trading in the securities of six listed companies from August 13, 2026, after they failed to submit and publish their ...

Shipping traffic through the Strait of Hormuz fell to six on Monday, compared ​with a 10-day average of about 11 vessels, ‌shipping data showed, amid fading hopes of a peace deal ...

Alpha Bank S.A. has announced that its share capital has been updated following the formal cancellation of 59,018,043 treasury shares. The lender explained that the capital adjustment was carried out ...

Gaming operator Allwyn AG acquired a total of 530,414 of its own shares on Euronext Athens between August 3, 2026, and August 7, 2026, as part of its ongoing share buyback programme. According to a ...

The National Bank of Greece acquired a total of 650,000 of its own ordinary shares between July 31, 2026, and August 7, 2026, as part of the first tranche of its approved buyback programme. According ...

UK travellers remain top source of airport traffic in Cyprus Cyprus’ airports handled over 1.63 million passengers in July 2026, with passenger traffic narrowing its year-on-year decline to just 1 per cent as ...

Cyprus-based GlobalWealth Group PLC has approved and signed an investment agreement to acquire interests in a €2.5 million hotel development in Barbati, Corfu, as part of its strategy to expand its ...

The Cyprus Composite Leading Economic Index (CCLEI) recorded a 0.43 per cent year-on-year decline in July 2026, according to the latest revised data from the Economics Research Centre of the University of ...

Eurobank announced on Monday that it repurchased a total of 1,099,627 own shares on Euronext Athens between August 3, 2026, and August 7, 2026. The lender executed the share buyback transactions at an average purchase ...

The British government announced nearly £130 million ($175 million) in ​funding for zero-emission vehicle technologies ‌on Monday, with almost £65 million in public money and the rest provided ​by the industry. Nearly £50 million ...

Britain’s labour market showed tentative signs of stabilisation in July, when Andy Burnham ​became prime minister, as recruiters stopped shedding ‌permanent staff, according to a survey on Monday that ...

Enterprise technology services provider Kyndryl has announced the expansion of its sovereignty solutioning through new capabilities and services developed with Microsoft. According to its statement, the collaboration combines Kyndryl Sovereignty ...

Demetra Holdings Plc announced on Monday that it repurchased a total of 3,559 own shares for €5,196.14 on the Cyprus Stock Exchange (CSE) on August 7, 2026. The investment company executed the transaction through ...

Cyprus’ trade deficit widened sharply during the first half of 2026, reaching €4.68 billion, as imports continued to grow while exports moved in the opposite direction, according to figures released on Monday ...

Euroxx Research has raised its earnings forecasts for the Bank of Cyprus for 2026-2028 and increased its target price for the lender’s shares to €13 from €11.50, following stronger-than-expected first-half results. ...

Fintech giant Revolut announced on Monday that its subsidiary Revolut Bank S.A. has been granted a full banking licence following a joint assessment by the European Central Bank (ECB) ...

Cyprus-based biotechnology company iDNA Genomics Public Ltd on Monday announced that it approved its audited consolidated financial statements for 2025, reporting a wider loss and a sharp deterioration in its balance ...

Cyprus recorded a further increase in building activity in April 2026, with the state statistical service (Cystat) reporting that 639 building permits were authorised, up 10.7 per cent compared with the same month ...

Greek retail group Jumbo recorded one of its strongest performances in Cyprus in July, with sales rising by approximately 14 per cent year-on-year, helping return the retailer’s overall results to ...

Cyprus is preparing to overhaul the rules governing forced property sales, moving valuations into private hands, introducing a fixed 15 per cent reduction after an unsuccessful auction and drawing a line ...

Eurobank announced on Monday that it repurchased a total of 1,099,627 own shares on Euronext Athens between August 3, 2026, and August 7, 2026. The lender executed the share buyback transactions at an average purchase ...