#business

The Central Bank of Cyprus (CBC) on Monday reported that deposit interest rates increased while consumer borrowing costs eased in June 2026, with the value of pure new lending also recording ...

Demetra Holdings Plc executed a minor share buyback transaction on the Cyprus Stock Exchange (CSE) on July 31, 2026 as part of its ongoing corporate management strategy, the company announced on Monday. ...

Temu has denied receiving foreign subsidies that gave it an unfair advantage in Europe, pushing back after the European Commission accused the online retailer of failing to cooperate fully during ...

More products became cheaper than more expensive on the e-kalathi price tracking platform during the second half of July, although wide price differences between supermarkets continued to raise questions over ...

Cyprus’ retail sector continued its strong performance in June 2026, with both the value and volume of sales rising compared with a year earlier, according to figures released on Monday by ...

Cypriot shipping executive Thomas Kazakos has taken the International Chamber of Shipping’s (ICS) campaign for a toll-free Strait of Hormuz to Bahrain’s Foreign Minister, as the industry steps ...

EasyJet on Monday extended the deadline for suitor ​Castlelake to decide whether to make ‌a firm takeover offer, bringing it into line with the deadline facing Apollo (APO.N) as ...

Island Oil will contribute towards a scholarship for a newly admitted University of Cyprus student joining the MA in Peace, Conflict and Democracy for the 2026/2027 academic year. The scholarship will ...

Greek lender Eurobank S.A. executed a €2.46 million share buyback between July 27, 2026 and July 31, 2026 as part of its ongoing capital management programme, the Greek lender announced on August 3, 2026. The transaction ...

A Cyprus Chamber of Commerce and Industry (Keve) member association representing property valuers has warned that online property valuation tools and automated valuation systems should only be treated as indicative ...

Artificial intelligence is not only replacing routine work but also creating a major new demand for verifying its outputs, a trend largely overlooked in industry debate, according to a recent ...

Limassol-based Lemissoler Navigation has named MV Lem Azalea and MV Lem Plumeria, the first two vessels in its four-ship dual-fuel methanol newbuilding programme. The naming ceremony took place end of ...

Euro area firms rapidly expanded their use of artificial intelligence in 2025, with around 70 per cent reporting some level of adoption, according to a new European Central Bank (ECB) study based ...

Cyprus’ economic sentiment continued to improve in July 2026, supported by stronger confidence among businesses in the services and retail trade sectors, according to the latest business and consumer surveys published ...

The European Union’s electric vehicle market rebounded strongly in 2025, while Cyprus continued its gradual shift towards electrified transport with hybrid cars accounting for more than half of new passenger ...

Global large-area OLED display shipments are projected to surge by 18.8 per cent year-on-year to 38.8 million units in 2026, according to new data released by Omdia. The firm’s latest market tracker ...

Organising a holiday is one of the few ways I can turn five days of rest into a part-time administrative position.  I open seventeen browser tabs, compare the same flight ...

Euro area net saving stood broadly unchanged at €902 billion during the four quarters to the first quarter of 2026, according to the European Central Bank’s (ECB) latest quarterly report. This ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that the Confederation of Indian Industry, in association with the Indian Space Research Organisation, IN-SPACe, and NewSpace India Limited, is ...

The European Central Bank (ECB) this week unveiled the accessibility features planned for the digital euro app, saying the platform will exceed European Union accessibility standards ahead of pilot testing ...

Here are the top business stories in Cyprus from the week starting July 27: Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), ...

My television has one job. It plays Netflix while I scroll through my phone and fail to pay proper attention to either screen. Until recently, I thought this was the ...

Cyprus may be worrying about the wrong labour crisis. The familiar fear is that artificial intelligence will leave people without jobs. The more immediate danger is that the island will ...

Family-owned food companies are stocking up on US snack companies, which are warming to the idea of private backers – many of them overseas – that can ​help them weather the storm ...