#business

Shareholders of Lanitis Golf Public Co Limited gathered in Limassol on June 4, for the company’s annual general meeting to approve key financial and governance resolutions. According to an announcement ...

The Central Bank of Cyprus (CBC) has reported that the transmission of European Central Bank (ECB) interest rate changes remains weaker in the Cypriot banking sector compared with most euro ...

Cyprus’ total beer deliveries fell by 2.4 per cent year-on-year in May, driven by a steep contraction in exports, according to the Cyprus Statistical Service (Cystat). According to the data, total ...

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 ...

The Central Bank of Cyprus (CBC) will host a round table discussion on financial literacy on June 18, bringing together senior European central banking figures and presenting new research on public ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced the launch of applications for the 2026 edition of its youth entrepreneurship awards, marking the ninth consecutive year of the initiative. ...

Budget airline Wizz Air announced on Monday that it plans to introduce Starlink connectivity across its fleet from 2027, becoming the first European ultra-low-cost carrier to deploy the satellite-based internet service. ...

Total employment in Cyprus increased by 2 per cent year-on-year during the first quarter of 2026, reaching an estimated 513,367 people, according to the state statistical service (Cystat). The figures were released in ...

Shipping Symposium Cyprus’ 26 will take place in Limassol later this month, bringing together leading figures to discuss the challenges, realities and opportunities facing the maritime sector. The event, which carries ...

Cyprus recorded increases in labour productivity during the first quarter of 2026, according to Eurostat, outperforming the overall European Union average in terms of output per employed person. The figures showed ...

Cyprus’ apparent cost of government debt increased to 2 per cent in 2025, while the country’s debt remained overwhelmingly denominated in euro in line with the wider euro area, according to ...

The Central Knowledge Transfer Office (CKTO) of the Research and Innovation Foundation (RIF) has completed three years of full operation. In an announcement released on Monday to mark the occasion, ...

Greek retail chain Jumbo said sales at its Cyprus stores rose by around 9 per cent year-on-year in May 2026, marking a strong recovery after the Easter-related slowdown recorded in April.  For ...

Procurement professionals must prioritise trusted relationships and supply chain resilience, rather than focusing solely on cost reduction, Maria Theodosiou, Managing Director of GenPro, said at a GenPro event held during ...

Sir Stelios Haji-Ioannou returned to Pedoulas on June 6, marking his first visit in 16 years to the mountain village where his father, Loucas Haji-Ioannou, was born. The visit was described as ...

Bernhard Schulte Shipmanagement (BSM) has appointed Elena Pantazidou as Chief People Officer, effective June 1, 2026, reporting to the Chief Executive Officer. As a member of BSM’s Management Board, Pantazidou joined ...

Employment in the European Union’s green economy has grown by an average of 6 per cent per year since 2014, reaching 5.8 million full-time equivalents by 2023, according to Eurostat. The analysis of ...

From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often overshadowed by the US, can punch above ​their weight in the $40 ...

Seasonally adjusted services production increased by 0.2 per cent in the euro area and by 0.4 per cent in the European Union during March 2026, according to Eurostat. This modest upturn follows a ...

Retail trade volume in Cyprus declined by 1 per cent during April 2026, according to seasonally adjusted data from Eurostat. This downturn represents a reversal for the Cypriot market, which had previously ...

The increased use of stablecoins could reinforce the dollar’s global dominance, undermine some nations’ ability to set monetary policy and even diminish ​the role of the euro, according to ...

Global investment in data centres is expected to approach $1.6 trillion by 2030, while leading technology companies are forecast to spend more than $600 billion on AI infrastructure capital expenditure in 2026 alone, according ...

Here are the top business stories in Cyprus from the week starting June 1: FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge for the shipping industry, according ...

Shipments of small-sized automotive AMOLED displays measuring under 5 inches are forecast to reach 1.5 million units by 2030, representing a growth of 541 per cent compared to 2025, according to research firm Omdia. As ...