#business

OpenAI has warned that its upcoming artificial intelligence models could pose a “high” cybersecurity risk, as their capabilities advance rapidly. The AI models might either develop working zero-day remote exploits ...

PwC Cyprus announced on Friday that Andreas Yiasemides has been elected as the firm’s next chief executive, a decision made by the partnership that will see him formally assume ...

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey ...

Women and girls from across Cyprus stepped into leadership roles on land and at sea, as Winds of Change hosted its inaugural ‘Women at the Helm’ empowerment programme in Larnaca. ...

Cyprus’ bus fleet remained one of the smallest in the European Union in 2024, something which is commensurate with its size, according to a report released on Friday by Eurostat. Specifically, ...

Eurostat on Friday reported that the EU employment rate for people aged 20 to 64 held steady at 76.2 per cent in the third quarter of 2025. This latest release comes shortly after recent ...

The Central Bank of Cyprus (CBC) has announced that the quantity of the silver collector coin, issued to commemorate the 70th anniversary of the start of the Eoka liberation struggle, ...

The Central Bank of Cyprus (CBC) on Friday announced that it deemed it appropriate to maintain the countercyclical buffer (CCyB) rate at 1.5 per cent, effective as from January 14, 2026. The CBC’...

Cyprus’ Ministry of Labour this week awarded businesses and organisations certified in 2025 for implementing good practices on gender equality in the workplace, underscoring the growing emphasis on inclusive and transparent ...

The Cyprus-Greece Business Association on Friday congratulated Greece’s Minister of National Economy and Finance Kyriacos Pierrakakis, on his assumption of the Eurogroup presidency. In a statement from the association, ...

Cyprus and the United Kingdom moved to deepen cooperation in defence and advanced technologies this week, as the first Cyprus-UK Defence Industry Day was held in London, marking what organisers ...

Limassol-based Island Oil Holdings this week announced the acquisition of its newly purchased bunkering vessel, Ruby, which has now officially joined the company’s fleet in Cyprus. Ruby, a vessel ...

Cyprus’ government is focused on maintaining a strong and resilient economy as the basis on which businesses can plan, invest and grow with certainty, according to Deputy Minister to the ...

The Enterprise Europe Network has announced that a high-level mission to Thailand is scheduled for May 24–28, 2026. The mission will feature Commissioner for Agriculture and Food Christophe Hansen and a business ...

Eurostat this week reported that the use of artificial intelligence among EU enterprises continued to rise sharply in 2025, with Cyprus trailing behind the European average despite steady improvement over the ...

Eurostat reported that renewable energy accounted for 49.3 per cent of net electricity generated across the EU in the third quarter of 2025, a development that highlights wide disparities among member states ...

Cyprus can secure a leading role in the next era of smart and sustainable tourism if it embraces Artificial Intelligence (AI) with urgency and strategic clarity, Deputy Minister for Research, ...

EAC Supply, in collaboration with the Cyprus Energy Agency, has announced a new “AHK+” Grant Scheme to support businesses, local authorities, and vulnerable households across Cyprus in their transition to ...

The Central Bank of Cyprus published its balance sheet this week, showing total assets and liabilities of €29.74 billion as of the end of November, 2025. Gold and gold receivables reached €1.45 bn, ...

Nearly half of UK businesses surveyed by FX and cash management solutions provider MillTech say that they have lost money due to a volatile pound and plan to hedge more ...

Internet usage is near-universal among Cyprus’ population but is highly dependent on age and educational background, according to the results of a survey released on Thursday by the Cyprus Statistical ...

Total government employment in Cyprus registered a marginal increase in November 2025, reaching 55,367 persons, according to a report from the state statistical service (Cystat). The report showed mixed trends across different ...

Cyprus can secure a leading role in the next era of smart and sustainable tourism if it embraces Artificial Intelligence (AI) with urgency and strategic clarity, Deputy Minister for Research, ...

The Cyprus Shipping Chamber (CSC) took part in the 60th-anniversary events of the European Shipowners’ Association (ECSA) in Brussels on December 9 and 10, reaffirming its intention to contribute actively to EU ...