#business

Moody’s Ratings has raised its outlook on Greece’s sovereign credit rating to positive from stable, while affirming the country’s Baa3 investment-grade rating, citing growing evidence that structural ...

S&P Global Ratings has upgraded Cyprus’ long-term credit rating to A, while maintaining a positive outlook for the country’s sovereign debt. The upgrade was welcomed by President ...

Cyprus’ short-term economic outlook returned to marginal growth territory in August, according to the latest Composite Leading Economic Index (CCLEI) from the Economics Research Centre of the University of Cyprus (...

The Office of the Commissioner for State Aid Control and the Research and Innovation Foundation (RIF) discussed strengthening their institutional cooperation during a meeting held earlier this week. The meeting ...

Minerva Insurance Company Public Ltd’s board of directors will meet on Wednesday, September 30, 2026, to review and approve the company’s preliminary results for the first half of 2026. The meeting ...

The European Parliament this week confirmed Thomas Gstadtner as the new executive director of the European Banking Authority (EBA) following a plenary vote. Gstadtner will serve a five-year term, which ...

Independent phone and ​laptop makers are redesigning products, testing incoming chips for fakes and passing on costs ‌as a memory shortage they expect to last through 2027 squeezes the lower end ...

The Bank of England held its key interest rate at 3.75 per cent on Thursday, but signalled a more cautious approach to monetary policy as higher energy prices push inflation higher. ...

The Central Bank of Cyprus (CBC) has opened a €1.13 million tender for cleaning services at its buildings, with companies invited to submit offers by October 23. The contract covers the cleaning ...

Microsoft (MSFT.O) AI chief Mustafa Suleyman said he shared Anthropic’s ‌focus on safely managing AI, but flagged risks in the way it trains its Claude chatbot on ideas ...

The Cyprus Stock Exchange (CSE) announced on Friday the listing of 3,542,466 additional ordinary shares of Globalwealth Group Plc on its market. The decision was approved in accordance with Article 58(1) of ...

The Paphos Chamber of Commerce and Industry (Evep) is leading a new two-year Erasmus+ project focused on youth skills in blockchain, artificial intelligence and Web3, with its opening meeting taking ...

Cyprus brought together leading figures from the Greek and Cypriot maritime communities in Athens this week to emphasise the growing role of women in shipping and the industry’s long-standing ...

Transport Minister Evanthia Tsolaki visited DP World Limassol’s terminal at Limassol Port on Friday, meeting representatives of DP World Limassol and P&O Maritime to discuss their operations ...

Transport Minister Evanthia Tsolaki visited the Eurogate Container Terminal Limassol (Eurogate CTL) at Limassol port on Friday, meeting company executives to discuss issues affecting Cyprus’ maritime trade sector. The visit ...

Cypriot firm Athlos Capital on Friday announced the launch of a new actively managed investment product aimed at retail investors with a balanced risk profile, giving them exposure to fixed ...

Cyprus has emerged as part of a four-country Mediterranean bloc pressing for changes to the proposed global shipping decarbonisation framework, as divisions between major maritime states and Brussels deepen ahead ...

Lena Panayiotou has been promoted to deputy director-general of the Cyprus Employers and Industrialists Federation (Oev), capping a career of more than two decades at the organisation and placing her ...

The Cyprus Employers and Industrialists Federation (Oev) and non-profit association TechIsland on Friday signed a memorandum of understanding aimed at strengthening cooperation on technology, innovation and entrepreneurship in Cyprus. The ...

Demetra Holdings Plc announced on Friday that it repurchased 3,570 of its own shares through the Cyprus Investment & Securities Corp Ltd (CISCO) on September 17, 2026. The transaction was conducted at a ...

Invest Cyprus and Greece are looking to turn their close economic ties into new investment and business opportunities, following talks between the investment promotion agency’s leadership and Greek Deputy ...

Cyprus’ construction material prices rose again in August, with electrical fixtures, plastics and aluminium products recording some of the sharpest annual increases, according to figures released by the statistical service (...

Cyprus ranked fourth from last in the European Union for the share of electricity generated from renewable sources in the second quarter of 2026, according to a report from Eurostat. Only ...

Investment and access to financing will be central to the future development of Cyprus’ healthcare sector, according to Eurobank, which participated in the 9th Cyprus Healthcare Conference in Nicosia. The ...