#business

Wind turbine production across the European Union has shown renewed growth after years of volatility, with output reaching its highest level in a decade in 2024, according to Eurostat. The statistics ...

Energy Minister Michalis Damianos used his participation at the 10th Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) in Washington to stress that current geopolitical developments make it essential ...

Finance Minister Makis Keravnos will travel to Luxembourg on Wednesday to participate in the upcoming Eurogroup meeting and chair the Ecofin Council the following day as part of Cyprus’ responsibilities ...

Demetra Holdings Plc on Tuesday announced that it conducted a series of transactions on June 8, purchasing 16,310 own shares at a price of €1.65 per share. The repurchase of these shares was ...

Greek lender Eurobank has announced details regarding the distribution of its dividend for the 2025 financial year, following approval by shareholders at the bank’s annual general meeting held on April 28, 2026. ...

Telecommunications provider Cyta on Tuesday held a conference in Nicosia on responsible governance, bringing together representatives from the state, the business community, organisations and the media to discuss the role ...

The National Bank of Greece (Cyprus) on Tuesday announced the appointment of Nicolas Prentzas as general manager and chief operations officer, strengthening its management team in Cyprus as part of ...

Cyprus’ trade deficit widened during the first four months of 2026, according to figures released by the Cyprus Statistical Service (Cystat), as imports increased and exports declined compared with the same ...

Registrations of motor vehicles in Cyprus increased during the first five months of 2026, with hybrid and electric cars continuing to strengthen their position in the market, according to a report ...

The Paphos regional tourism board (Etap) has launched a new promotional video dedicated to Polis Chrysochous, as part of wider efforts to strengthen domestic tourism and support local communities and ...

Cypriot students returned from the European robotics competition Robotic Day Prague 2026 with a series of major distinctions, after taking part in the event held in the Czech Republic on June 6 ...

Cypriot company Easternmed Real Estate Capital Plc has completed a major investment in Brussels, after acquiring the full share capital of Arlon 75BV, the company that owns The Muse, a ...

Eurobank Research has been named Cyprus’ leading forecaster for a second consecutive year in the Focus Economics Analyst Forecast Awards 2026, recording strong performances against a field of established international and ...

The Bank of Cyprus (BoC) has been named the best bank in Cyprus in the World’s Best Banks Awards 2026 by Global Finance, with the international publication citing the lender’...

The Cyprus Presidency of the Council of the EU advanced key transport and maritime files in Luxembourg on Monday, as ministers adopted conclusions on European shipping and ports, while also ...

Space technologies, Earth Observation and artificial intelligence are becoming strategic tools for Europe’s competitiveness, resilience and security, speakers said at a high-level forum held in Nicosia under the auspices ...

Safe Bulkers has signed a definitive agreement for the construction and acquisition, through financial leasing, of a newbuild capesize vessel with a capacity of 182,000 deadweight tonnes, the company announced. The ...

The resilience of the Greek economy remains a key pillar of the positive investment narrative for Greek banks, according to a new report by Jefferies, which maintains a buy recommendation ...

Nine bi-communal business partnerships received a total of €500,000 in Nicosia on Monday, at an awards ceremony that placed cooperation between Greek Cypriot and Turkish Cypriot entrepreneurs at the centre of ...

Eurobank has projected that its total financing in Crete between 2023 and 2028 will exceed €1.3bn, underlining what it describes as a long-term commitment to supporting the island’s development trajectory and ...

Global airlines are heading into a tougher 2026, with industry profits expected to halve as war-related disruption in the Middle East and a sharp rise in fuel prices weigh heavily on ...

The Cyprus Cement Public Company Ltd announced this week that it has proceeded with a share buyback transaction, purchasing its own shares in line with a prior shareholder decision and ...

IATA director general Willie Walsh has warned that global airlines are facing another difficult year, as higher fuel prices, geopolitical instability and aircraft supply chain failures are expected to cut ...

The International Maritime Organisation (IMO) has called on its 176 member states and the global shipping industry to strengthen efforts to protect the marine environment, as World Oceans Day was marked ...