#business

International airfreight rates surged by as much as 95 per cent between February and March, as reduced cargo capacity and higher fuel prices linked to the Iran war pushed prices closer ...

Tesla’s (TSLA.O) first-quarter deliveries are expected to be lower than in the December quarter as ​the electric-vehicle maker struggles with uneven demand ‌and intensifying competition in key markets. ...

A renewed threat to commercial shipping in the Red Sea and Gulf of Aden is adding to wider fears over a deepening global energy and trade shock, with separate assessments ...

Cyprus’ efforts to strengthen its appeal as an international business and investment centre received backing from the Cyprus International Business Association (CIBA), whose board met President Nikos Christodoulides this week ...

Europe must dismantle structural barriers and leverage cutting-edge technology to fully realise the potential of the Savings and Investment Union (SIU), according to Cyprus Securities and Exchange Commission (CySEC) Vice ...

Budget airline Wizz Air on April 1 announced a 20 per cent discount on selected flights to mark Cyprus National Day, offering reduced fares for travellers departing from Cyprus. The airline stated ...

The European Supervisory Authorities—a collective body comprising the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), and the European Insurance and Occupational Pensions Authority (EIOPA)—have ...

The economy of the Famagusta district is coming under growing strain from the fallout of developments in the Middle East, with Paralimni-Deryneia mayor Giorgos Nikolettos warning that the new tourist ...

Hotel operators were awaiting details on Thursday of a government wage-subsidy scheme, with the industry looking to the labour ministry for a plan due to be announced on April 2 as ...

Cyprus brought 95 students from lyceums and technical schools in Limassol and Paphos closer to the shipping industry on Tuesday, as the Deputy Ministry of Shipping held the educational day ‘Getting ...

By Dr Andreas Procopiou Former Senior Research Fellow in Smart Grids at the University of Melbourne and Research Engineer at the Électricité de France R&D  In public discussions ...

Eurostat on Tuesday announced that annual inflation in Cyprus is estimated to have risen to 1.5 per cent in March 2026, reflecting an increase compared to previous months. Speaking to the broader ...

The House finance committee has examined significant legal and substantive changes to a proposed law concerning the financial commissioner and procedures for complaints and foreclosures, with the binding nature of ...

The Tax Department has announced the implementation of a zero VAT rate on specific categories of meat and fish, following a decision by the Cabinet. The department stated that the ...

The Paphos regional tourism board (Etap) has announced that it is participating as a partner in the European Erasmus+ programme I-DEMO, aimed at strengthening the district’s position as a ...

The Bank of Cyprus Holdings Public Limited Company on Tuesday announced that its total issued share capital stood at 435,772,799 ordinary shares. Each of these shares carries a nominal value of €0.10 ...

The Cyprus Stock Exchange (CSE) on Tuesday announced the listing of 62,794,749 additional ordinary shares of Globalwealth Group Plc on its Emerging Companies Market. The shares, each with a nominal value ...

Logicom Public Ltd on Tuesday announced that it expects a slight decrease in turnover during the first quarter of 2026, compared with the corresponding period of 2025. The company stated that this ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) on Tuesday announced the appointment of Andreas Papadatos as its new general manager. “His appointment, effective from May 1, 2026, marks the beginning ...

Skills shortages have overtaken cyber risks and economic volatility as the primary concern for business leaders in Cyprus, according to the 15th Annual PwC Cyprus CEO Survey. The survey gathered ...

Cyprus recorded average hourly labour costs of €21.7 during the 2025 financial year, according to a report released on Tuesday by Eurostat. The figure places Cyprus significantly below the European Union average ...

Eurostat on Tuesday announced that annual inflation in Cyprus is estimated to have risen to 1.5 per cent in March 2026, reflecting an increase compared to previous months. Speaking to the broader ...

Demetra Holdings Plc announced that it has successfully repurchased 7,500 of its own shares as part of a strategic share buyback programme. The transaction was carried out during the trading session ...

Cosmos Insurance Public Company Limited on Tuesday announced that it will convene its annual general meeting for shareholders on May 14, 2026, at its head offices in Nicosia. The meeting is scheduled ...