#business

Cyprus banking sector mirrors EU strength despite pressures The European Banking Authority (EBA) has said that the EU and EEA banking sector remains resilient, even as geopolitical uncertainty intensifies following ...

Government foreclosure bills were sent back to the Finance Ministry after gaps were identified during a discussion at the House Finance Committee. The issues raised focused primarily on procedural deadlines ...

A legislative proposal submitted by Disy and Diko aimed at providing transitional relief for legacy stock option schemes was discussed before the House Finance Committee this week. The proposal focuses ...

The Treasury has announced that the state budget deficit for 2025 reached €1.79 billion, according to its official fiscal report released this week. The fiscal report for 2025 serves as a comprehensive review ...

Eurobank has announced that it has extended the deadline for applications to its voluntary exit scheme until Friday, March 28, 2026, following its initial launch on March 9, 2026. The bank had originally set ...

Cyprus’ Ideodromio programme has strengthened links between education and business, giving students from gymnasiums, lyceums and technical schools the chance to develop and present socially driven and innovative ideas, Pedagogical ...

Cyprus hoteliers in Ayia Napa, Protaras and Larnaca are warning of a sharp slowdown in bookings ahead of the new tourism season, as the war in the Middle East continues ...

Cyprus’ construction sector needs closer coordination between contractors, engineers, architects and the state if it is to deal effectively with mounting pressures, including regional instability, labour shortages and delays in ...

Immediate relief measures can still be taken to cushion the expected rise in energy costs, scientific and technical chamber (Etek) president Constantinos Constanti said in a written statement, while warning ...

A balance sheet analysis of the Cyprus economic experiment (2013–2026) Looking back from the vantage point of 2026, the official narrative surrounding the Cypriot economy’s post-crisis recovery is broadcast as a ...

Eurobank S.A. has announced that its board of directors had appointed Alexandra Reich as an independent non-executive member, replacing Jawaid Mirza, who has resigned. The decision was taken at ...

Credit rating agency Capital Intelligence Ratings on Monday affirmed Cyprus’ long-term foreign currency rating at BBB+ with a stable outlook, while also confirming the short-term rating at A2. The agency ...

Alpha Bank Cyprus announced its support as a strategic partner for the national awareness campaign “Proper Use of Medicines”, an initiative aimed at strengthening public understanding and responsible behaviour on ...

The Cyprus University of Technology (Tepak) is organising its Career Day 2026 in Limassol on March 26, 2026, to strengthen the connection between the academic community and the modern business world. The event ...

Global air passenger demand is expected to more than double by 2050, the International Air Transport Association (IATA) said on Monday, with growth led by emerging markets in Asia-Pacific and Africa ...

The Larnaca Chamber of Commerce and Industry (Evel) has expressed unanimous support for the separation of the city’s port and marina, endorsing plans for the development of a modern, ...

Columbia Group has warned that a growing gap between cyber regulation and operational readiness is holding back industry progress, after discussions at CRA Europe 2026 in Bucharest brought renewed focus to ...

MSC World Europa is producing beer on board using desalinated seawater, in what is being described as a world first for the cruise industry, according to newmoney. The cruise ship’...

Demetra Holdings Plc on Monday announced that it had proceeded with a purchase of own shares during a session held on March 20, 2026, in line with its approved buyback programme. The ...

Eurobank S.A. on Monday announced that it had repurchased 1,907,008 own shares between March 16 and March 20, 2026, as part of its ongoing share buyback programme. The programme, which commenced following an ...

The Ministry of Commerce on Monday announced that Cyprus participated for the fifth consecutive year with a state pavilion at the international wine and spirits exhibition ProWein 2026, held in Dü...

The House Finance Committee on Monday examined a package of seven bills submitted by the Finance Ministry aimed at establishing a unified credit data exchange framework and introducing a credit ...

Credit rating agency Capital Intelligence Ratings on Monday affirmed Cyprus’ long-term foreign currency rating at BBB+ with a stable outlook, while also confirming the short-term rating at A2. The agency ...

The next generation of Cypriot family-business leaders is facing a uniquely volatile environment, requiring a shift toward tech-driven leadership and emotional intelligence. This was the key takeaway from a high-level ...