#business

Cypriots are among the strongest supporters of tougher action against tax evasion and avoidance in the European Union, with 64 per cent saying it should be the bloc’s top tax ...

Eurobank announced on Monday that it repurchased a total of 2,273,500 of its own shares between July 6 and July 10, 2026, as part of its ongoing buyback programme. The transactions, which took place ...

The Pancyprian Cooperative Society for Participation and Promotion of Cooperativism Ltd entered its share sale phase last week, with its prospectus revealing a series of risks facing the ambitious plan ...

Limassol-based maritime professional and investor Jesper Weller has acquired Berg & Larsen, a Danish maritime supplier founded more than 230 years ago, linking Cyprus’ shipping centre with one of Denmark’s ...

Demetra Holdings announced on Monday that it repurchased 5,163 of its own shares following a meeting of its board of directors held on July 10, 2026. The company carried out the transactions through ...

Researchers are developing new ways to measure progress that go beyond economic growth, helping policymakers create happier, healthier and more sustainable societies. By Alison Jones For decades, economic growth has ...

A Cyprus-flagged container ship remained disabled off Oman, with one Indian seafarer still missing, after an Iranian strike sparked an engine-room fire, forced the crew to abandon the vessel and ...

By Maria Demertzis The familiar debate asks whether AI will destroy jobs or create new ones. While we await the outcome, the most alarming labour-market effect of artificial intelligence so ...

Aviation lawyer Amanda Applegate skipped ​her annual vacation last month as a surge of wealth from AI startups and SpaceX (SPCX.O) sent a wave of tech investors shopping for ...

The cryptocurrency industry is starting to prepare for the threat of quantum computing as recent advances fuel concerns that the technology could soon be able to crack the cryptography that ...

Amazon (AMZN.O) expects to roll out initial internet service with its Leo broadband satellite ​network later this year after the company’s latest launch put the orbiting constellation’s ...

Cyprus’ Scientific and Technical Chamber (Etek) has called for immediate measures to tackle severe labour shortages in the construction sector during a meeting with the labour minister, warning that the ...

Using NASA’s Perseverance rover, scientists are getting a greater understanding of the nature of some of the organic carbon — the molecular backbone for all known ​living organisms — detected on ...

The Paphos regional tourism board (Etap Paphos) said this week that its summer campaign to attract domestic tourism has reached its peak, reporting strong engagement as it seeks to encourage ...

By Stephanos Spyrou Cyprus is one of Europe’s smallest nations, but for six months this year it held the gavel for the whole European Union, and used the closing ...

Here are the top business stories in Cyprus from the week starting July 6: As Cyprus’ property and construction sectors continue to expand in 2026, the country’s real estate market stands ...

Seasonally adjusted services production rose by 0.7 per cent in the euro area and 0.3 per cent in the European Union during April 2026, according to Eurostat. This increase follows growth recorded in ...

Apple (AAPL.O) plans to spend more than $30 ​billion under a multi-year chip supply deal with Broadcom, bolstering ‌its US sourcing as President Donald Trump’s administration pushes to expand ...

Activity in Britain’s dominant services sector contracted for a second month running in June and by the most since early 2023 as the fallout from the Iran ​war continued to ...

Cyprus has joined the second phase of the European Tech Champions Initiative (ETCI 2.0), a new European investment programme aiming to mobilise €80 billion to support more than 1,500 fast-growing technology companies across ...

A team of teenagers from Limassol has secured third place in Europe after transforming an ordinary lip gloss into a discreet tool designed to help women detect potentially harmful substances ...

The Bank of England said this week that artificial intelligence poses a growing threat to financial stability, as investors bet heavily it will prove ​a success while the technology increases ...

OpenAI has publicly launched GPT-5.6, its most advanced AI model, following a delay last month prompted by US government requests over heightened national security concerns about the potential misuse of ...

Renault Group (RENA.PA) is achieving better margins on its compact electric R5 than ​larger models like the Megane or Scenic, ‌CEO Francois Provost told French business daily Les Echos ...