#business

Visa has selected seven fintechs from Greece, Cyprus and Malta for the 2026 cycle of the Visa Innovation Programme Europe, as applications from the three markets rose by around 50 per cent ...

The treasury office has launched a new digital tool allowing citizens to monitor the implementation of the state budget through open, interactive data, accountant general Andreas Antoniades said. Speaking to ...

Eurobank S.A. released its interim consolidated financial statements on Monday, providing further detail on its performance following the initial publication of its financial results on last week. The comprehensive ...

Market intelligence firm Omdia has significantly increased its semiconductor revenue forecast for 2026 to 62.7 per cent, pointing to unprecedented growth in DRAM and NAND markets driven by sustained demand and ongoing ...

SpaceX has adopted corporate governance policies that will erode typical shareholder protections in unprecedented ways, giving founder Elon Musk virtually unchecked executive authority when the rocket maker goes public later ...

The Cyprus Chamber of Commerce and Industry (Keve) announced its participation in the European co-funded eValueJobs project, aimed at strengthening pay transparency and promoting equal pay in line with new ...

The global smartphone market expanded by one per cent year-on-year during the first quarter of 2026, according to a report by market intelligence firm Omdia. The industry saw total shipments reach 298.5 ...

The European Central Bank (ECB) launched its qualitative cyber resilience stress test (CyRST) last month, assessing how 109 major euro area banks would withstand a severe cyberattack and marking a turning ...

European household gas prices returned to a traditional seasonal fluctuation pattern during the second half of 2025 as the market stabilised following the energy crisis of previous years. Average prices including ...

WISTA Cyprus members recently visited the liquefied petroleum gas terminal operated by VLPG Plant Ltd in Vasiliko, offering participants a close-up look at one of Cyprus’ most important and modern ...

Cyprus Airways was recognised as the fastest-growing airline in western Europe during the 2.5 Airline Marketing Workshop held in Athens as part of celebrations marking the 25th anniversary of Athens International ...

Global live music ticket sales revenue surpassed $40 billion in 2025, according to market intelligence firm Omdia, which also forecast that the market will reach $50 billion by 2030. The report showed that year-on-year ...

Here are the top business stories in Cyprus from the week starting May 4: The Cyprus Chamber of Commerce and Industry (Keve) on Monday issued a statement welcoming the election of ...

Satellite direct-to-device connectivity began shifting from concept to early commercialisation in Europe in March, according to new research from market intelligence firm Omdia, highlighting growing activity among mobile operators. The ...

A UK body representing small businesses has warned that small firms were being pushed out of European Union ​markets due to red tape, rising costs, and complex ‌rules, highlighting the ...

US President Donald Trump’s military forays in Venezuela and Iran have weakened OPEC more than anyone thought possible just months ago. The White House may view this as a ...

British new car registrations are expected to rise to nearly ​2.1 million units in 2026, the Society of Motor Manufacturers and ‌Traders said this week, with the share of zero-emission vehicles lower ...

A small weekly meetup launched in Limassol in 2017 has evolved into one of Cyprus’ largest recurring tech and business networking communities, with Cyprus_iT recording more than 40,000 visits across its ...

Eurobank S.A. has issued a formal notification regarding significant revisions to its financial calendar for the remainder of the year. The update, which follows an initial schedule released earlier ...

Eurobank on Friday reported an adjusted net profit of €351 million for the first quarter of 2026, with the bank citing strong lending activity, resilient operating performance and continued growth across its ...

The developments of the past few days clearly demonstrate the adage “it is easier to start a war than to end one,” a recognised principle of military history and geopolitics. ...

A humming US corporate profit engine is at the heart of the US stock market’s rally to record highs – an encouraging sign for investors as long as the fuel ...

A gauge of British manufacturers’ cost pressures jumped in April and delivery delays were the most widespread since mid-2022 due to the ​standoff in the Strait of Hormuz, according to ...

Average gas prices for non-household consumers across the European Union fell by 8.3 per cent during the second half of 2025, according to Eurostat. The cost for industrial users dropped to €6.05 per 100 ...