#business

Paralimni-Deryneia mayor Giorgos Nikolettos met tourist agents from Serbia as the municipality stepped up efforts to strengthen its tourism promotion abroad, according to a municipal announcement.  During the meeting, the ...

 the Iranian side were under way, while the Greek coast guard said it could not immediately confirm the seizure when the first reports emerged.   The MSC Francesca was also seized, ...

The green transition is the most sustainable solution for Cyprus’ economic and overall security, amid growing instability in the Middle East, according to University of Cyprus economics professor Marios Zachariades. “...

Cyprus’ public finances remained healthy in 2025, with the state recording a budget surplus of €1.24 billion, according to preliminary fiscal results released on Wednesday by the Cyprus Statistical Service (Cystat). The ...

Cyprus-based IT distributor Asbis announced this week that its estimated consolidated revenues for March 2026 reached approximately $462 million, according to a statement by the company’s board of directors. The company ...

Asia-Pacific AI spending set to reach $370bn by 2029 International Data Corporation (IDC) projected that artificial intelligence and generative AI spending in Asia-Pacific will rise from 73 billion dollars in 2024 to 370 billion ...

Cyprus successfully concluded its participation in the Foodex Japan 2026 exhibition, held from March 10 to March 13, 2026 at the Tokyo Big Sight exhibition centre in Japan. According to an announcement released on ...

The Euro-Mediterranean CSO Conference 2026 will take place at the University of Nicosia on April 23-24, bringing together civil society organisations, European Union bodies, academics, international organisations and young people. The ...

Deputy Shipping Minister Marina Hadjimanolis on Wednesday held a meeting with representatives of the Flight Safety Foundation, underscoring Cyprus’ efforts to forge closer links between the maritime and aviation sectors. ...

The Central Bank of Cyprus (CBC) on Wednesday announced that all banks will remain closed on May 1, 2026 in observance of Labour Day. The announcement confirmed that the closure applies to ...

Investment company Rehub PLC on Wednesday announced details relating to its bond interest payment schedule for the semiannual period running from October 26, 2025 to April 26, 2026. The company confirmed that the arrangement ...

Cyprus remains “a reliable and consistent partner” for Egypt, according to Labour Minister Marinos Mousiouttas, following a mutual review of the implementation of a 2024 labour mobility deal covering the employment ...

Cyprus maintained one of the strongest fiscal positions in the European Union in 2025, according to figures from Eurostat, recording a budget surplus while most member states posted deficits. Specifically, the ...

Invest Cyprus and Enterprise Greece have renewed their strategic memorandum of cooperation through a formal signing this week, deepening the investment ties between the two nations in order to attract ...

Cyprus’ public finances remained healthy in 2025, with the state recording a budget surplus of €1.24 billion, according to preliminary fiscal results released on Wednesday by the Cyprus Statistical Service (Cystat). The ...

The American Chamber of Commerce in Cyprus (AmCham Cyprus) participated in the 10th Cyprus Professional Services Conference, held at the Hilton Nicosia Hotel on Tuesday, where it moderated a panel ...

The average monthly number of individuals and companies registered for issuing bounced cheques fell sharply in 2025, when compared with 2024, according to the Central Bank of Cyprus (CBC). The CBC reported ...

ERB Asfalistiki on Wednesday announced that it has bolstered the training capabilities of the Cyprus Fire Service by delivering a fire safety training simulator, marking the 25th consecutive year of ...

Cyprus’ tourism sector is expected to face a long and difficult effort to reverse the current negative trend, despite somewhat better signals beginning to emerge in recent weeks.  While the ...

WISTA Cyprus has launched the 2026 Diversity and Inclusion in Shipping Awards, with nominations now open for initiatives promoting equality and inclusion across the maritime sector. In a statement, the association ...

Columbia Group has appointed Andreas Hadjipetrou as chief executive officer, replacing Mark O’Neil, who is stepping down on what the company described as “extremely good terms” under its succession ...

Eurolife solidified its standing as a leader in digital transformation at the 5th Digital Finance Awards 2026, proving that technological innovation can create an insurance experience that is faster, simpler, and ...

A Liberian-flagged container ship owned by Greek interests came under fire from a Revolutionary Guards gunboat near Oman on Tuesday, in the latest sign that tensions around the Strait of ...

Research firm Omdia has warned that many neocloud providers are not prepared for the networking demands of artificial intelligence, urging enterprises to look beyond raw computing power when selecting suppliers. ...