#business

Cyprus’ new House of Representatives must treat condominium reform as an urgent public safety issue, Cyprus Real Estate Developers Association vice chairman Savvas Georgiades has said, warning that years of ...

Members of the board of the Cyprus Chamber of Commerce and Industry (Keve) met with Finance Minister Makis Keravnos on Monday, in order to discuss current economic challenges as part ...

Finance is one of the most promising areas for AI adoption, yet also one of the most sensitive. Sergey Smirnov, Group Financial Controller at DataArt, shares the four-step approach that ...

The International Air Transport Association (IATA) has criticised the latest revisions to Europe’s passenger rights rules, saying the changes fall short of the meaningful reform needed to address long-standing ...

Cyprus recorded a 3.7 per cent year-on-year increase in hourly labour costs during the first quarter of 2026, exceeding the euro area average, according to figures released by Eurostat. The increase in ...

The European Banking Authority (EBA) on Tuesday published a comprehensive review of the European Union bank microprudential, macroprudential and resolution capital framework, as part of its ongoing simplification and efficiency ...

The Central Bank of Cyprus (CBC) this week published a summary overview of its governance framework, outlining the structures, principles and decision-making mechanisms that underpin its operations in a move ...

Demetra Holdings Plc conducted a significant share buyback on June 15, 2026, marking the latest development in the company’s financial strategy. The firm on Tuesday confirmed that it purchased a total ...

Cyprus recorded a 3.7 per cent year-on-year increase in hourly labour costs during the first quarter of 2026, exceeding the euro area average, according to figures released by Eurostat. The increase in ...

The Cyprus Stock Exchange (CSE) announced the suspension of trading for shares in The Reputation Exchange Plc on Tuesday, due to a failure to meet regulatory obligations. The decision was ...

Cyprus maintained a steady job vacancy rate of 2.8 per cent during the first quarter of 2026, according to the latest figures released by Eurostat. This performance for Cyprus remained consistent with ...

The Cyprus Cement Public Company Ltd announced on Tuesday that it has executed a fresh purchase of its own shares. Specifically, during a meeting on June 15, 2026, the firm finalised the ...

Aphrodite project strengthens Cyprus’ regional energy role US energy company Chevron sees Cyprus as a key part of the East Mediterranean’s energy future, with the Aphrodite gas field moving ...

Greek lender Eurobank announced on Tuesday that it distributed 1,727,493 own common registered voting shares to its staff on June 15, 2026, marking the latest stage of its executive remuneration scheme. In its ...

The European Commission has launched a public consultation on the EU’s markets in crypto-assets regulation, as it prepares to review whether the bloc’s digital assets framework remains fit ...

Cyprus helped steer a long-awaited European agreement on air passenger rights this week, with EU officials saying the revised rules will bring clearer compensation procedures, stronger protection for travellers and ...

Cypriot beverage maker Keo plc is to hold its annual general meeting on July 8, 2026, at the company’s registered office in Limassol. The firm announced that, in accordance with article 128 ...

Gen Z and millennials prioritise wellbeing over promotions, survey finds Gen Z and millennials are increasingly prioritising stability, wellbeing and skills development over rapid career advancement, according to findings released ...

Greek shipowner George Prokopiou has warned that global development depends on open seas and access to affordable energy, calling for greater realism in Europe’s maritime and environmental policies.  Speaking ...

The growing presence of Israeli entrepreneurs in Larnaca was discussed on Monday during a meeting between Larnaca chamber of commerce and industry president (Evel) Nakis Antoniou and Israel’s Ambassador ...

The agreement between the US and Iran to end their military standoff has brought immediate relief to international markets, sending oil prices lower and easing fears over energy supplies.  However, ...

Cyprus’ role as a bridge between Europe, the Middle East and Africa came into focus on Monday, as officials, business leaders and investment experts gathered in Nicosia for the EuroMED ...

The Central Bank of Cyprus (CBC) this week published new figures showing that significant differences remain between interest rates offered by Cypriot banks and those prevailing across the eurozone, although ...

Young graduates in Cyprus achieved an employment rate of 82.3 per cent in 2025, closely mirroring the European Union average, according to a report from Eurostat. The overall employment rate for recent ...