#business

Tourist arrivals to Cyprus fell by 1.7 per cent in June, according to figures released by the Cyprus Statistical Service (Cystat) on Friday, although the monthly decline was markedly smaller than ...

Cyprus’ annual inflation rate accelerated to 4.1 per cent in June 2026, significantly outpacing both the euro area and European Union averages, according to figures released on Friday by the Cyprus Statistical ...

The European Commission issued two sets of binding specification measures to Google this week, under the Digital Markets Act, in order to foster greater competition in the digital sector. These ...

Cypriot technology companies need greater financial backing to compete abroad, while businesses across the island require faster access to funding if they are to keep pace with digital change, according ...

Ten students in Cyprus are set to receive a significant boost to their maritime education as Safe Bulkers has officially launched its sixth annual scholarship programme. Chief executive Polys V. ...

An EU overhaul that would make the country of employment, rather than the country of residence, pay unemployment benefits to many cross-border workers is moving towards final approval, nearly a ...

TikTok could be fined as much as 10 per cent of its worldwide revenue after British communications regulators, Ofcom, opened a child safety investigation that goes to the heart of how ...

Preventing homelessness and improving access to affordable housing took centre stage in Brussels this week, as the European Parliament’s Employment and Social Affairs Committee (EMPL) examined new European Union ...

The euro area recorded a trade in goods deficit of €7.8 bn in May 2026, marking a significant reversal from the €15.0 bn surplus observed during the same month last year, according to ...

It often starts with something simple. A flyer that needs to go out, a brochure that has been sitting in a folder, a presentation that must look sharper, or a ...

Lufthansa Group will gradually resume flight operations to Riyadh ​and Amman starting in September, ‌the German airline said on Thursday. Lufthansa said that it continuously monitors and assesses ​the situation ...

Britain’s economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence among ‌businesses against the backdrop of the Iran war ...

Uber launched a takeover bid for Delivery Hero on Thursday, giving the German ​firm a $14.8 billion equity value in a move that would create the largest food-delivery group outside China ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday welcomed Parliament’s approval of legislation establishing the Cyprus Business Development Organisation, describing the move as a major reform that ...

The National Bank of Greece this week announced the purchase of 1,295,013 own shares between July 07, 2026 and July 14, 2026 for a total cost of €20,193,840.73. The bank acquired these shares at a weighted ...

The International Monetary Fund (IMF) has warned that the global oil market is facing severe risks as crucial shock absorbers are rapidly depleting following the recent conflict in the Middle ...

Men in Cyprus expected to work over 5 years longer than women Cyprus recorded one of the European Union’s longest expected working lives in 2025, with people aged 15 and over projected ...

Non-performing loans (NPLs) in Cyprus’ banking sector fell slightly to €830 million at the end of April 2026, while the overall NPL ratio remained unchanged, according to figures released on Thursday by ...

Cyprus’ betting market continued to expand during the first quarter of 2026, with total gross revenue from Class A and Class B operators rising by 12 per cent year-on-year to €360.1 million, according ...

Artificial intelligence is no longer a technological trend observed from a distance, but a reality already transforming the way people work, do business, create and make decisions, according to Matina ...

Sea water at Geroskipou’s Blue Flag beaches has been classified as being of excellent quality, the municipality announced on Thursday. The announcement followed laboratory testing carried out by the ...

Greek retail group Jumbo maintained its outlook for 2026 this week, forecasting sales growth of around 5 per cent and net profit of between €310 million and €320 million, after sales recovered following the ...

The European Union’s attempt to tighten restrictions on Russian LNG shipping has run into resistance from Greece, opening a new dispute over whether sanctions are weakening Moscow or simply ...

The Cyprus Stock Exchange (CSE) announced on Thursday a forthcoming change to the composition of the Emerging Companies Market Index, which serves as a benchmark for the market. Specifically, the ...