#business

The Central Bank of Cyprus (CBC) expects economic growth to slow this year as the Middle East conflict weighs on tourism and investment, while inflation is projected to rise sharply, ...

Keravnos heads to Dublin for talks on Europe’s economic challenges Cypriot Finance Minister Makis Keravnos travelled to Dublin on Thursday for the Eurogroup and informal meeting of EU finance ...

Eight-month tourism decline narrows to 7 per cent as Israel offsets falls across most major markets  Tourist arrivals to Cyprus fell by 3.3 per cent in August, as Britain, Poland, Germany and ...

The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the Cyprus Investment Firm (CIF) licence of Eurotrade Investments RGB Ltd, citing the company’s failure to comply with requirements concerning ...

Cyprus’ Harmonised Index of Consumer Prices (HICP) rose by 5.2 per cent year-on-year in August 2026, according to data released by the statistical service (Cystat) on Thursday.  Compared with the previous month, ...

Cyprus and Greece are preparing new joint business initiatives aimed at opening doors to Arab and Balkan markets, following talks in Nicosia this week between Greek Deputy Foreign Minister Harry ...

Cyprus recorded the highest inflation rate in the euro area after Romania and Lithuania in August, as annual consumer price growth accelerated to 5.2 per cent from 4.4 per cent in July, ...

Cyta and Connect Europe held a workshop on the proposed European Digital Networks Act and revised cybersecurity rules, with Cyprus’ telecommunications infrastructure and the future security of digital networks among ...

Shipping Deputy Minister Marina Hadjimanolis is travelling to Athens on Thursday for a three-day working visit focused on promoting the Cyprus flag, meeting shipping executives and taking part in events ...

Cyprus has set out the detailed terms of its €400,000-a-year drive to bring foreign sports teams to the island for training, with additional financial incentives for winter camps, priority sports ...

The Employers and Industrialists Federation (Oev) and TechIsland will sign a memorandum of cooperation on September 18, 2026, aimed at strengthening collaboration on technology, innovation, entrepreneurship, skills development and the competitiveness of ...

Cyprus’ cabinet approved the €11.1 billion state budget for 2027 on Wednesday, with Finance Minister Makis Keravnos forecasting continued economic growth, a larger fiscal surplus and further reductions in public debt. Keravnos ...

MHV Mediterranean Hospitality Venture has secured approval to list 101.41 million additional shares on the Cyprus Stock Exchange’s (CSE) Emerging Companies Market following a series of property acquisitions from its ...

Demetra Holdings reported a lower net profit for the first half of 2026, with the company’s results affected by losses on equity investments despite stronger rental income and sharply lower ...

Star Bulk Carriers has raised €107.8 million through a public share offering in Greece and a parallel listing on Euronext Athens, in what has been described as a first-of-its-kind transaction for ...

Cyprus’ industrial production rebounded by 1.1 per cent in July 2026, contrasting with declines across the European Union and euro area, according to a report from Eurostat. The increase followed a 1.4 per ...

Fintech giant Revolut on Wednesday applied for a Swiss banking licence and pledged to invest more than CHF 150 million in the country over the next five years as it seeks ...

The Employers and Industrialists Federation (Oev) and the Cyprus Energy Regulatory Authority (CERA) have discussed measures to improve the electricity market and gradually reduce energy costs, Oev said on Wednesday. ...

Cyprus’ cabinet approved the €11.1 billion state budget for 2027 on Wednesday, with Finance Minister Makis Keravnos forecasting continued economic growth, a larger fiscal surplus and further reductions in public debt. Keravnos ...

Cyprus businesses should treat the coming pay transparency rules as a commercial opportunity rather than an administrative burden, gender equality commissioner Josie Christodoulou said on Wednesday, arguing that fairer pay ...

Cyprus recorded a further rise in building activity in May 2026, with the statistical service (Cystat) reporting that 735 building permits were authorised, up 21.1 per cent compared with the same month last ...

Cyprus employers confront persistent domestic cost pressures Cyprus recorded a 3.8 per cent annual increase in hourly labour costs in the second quarter of 2026, as wage growth accelerated and employers faced ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou said that artificial intelligence should be treated as an opportunity rather than an inherent threat, warning that the greater danger ...

Cyprus businesses are being pushed to treat cyber risk as a boardroom matter rather than an IT problem, as AI-driven attacks, growing dependence on outside technology providers and new EU ...