#business

The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half ...

The Bank of Cyprus has announced a comprehensive package of relief measures to support residents and businesses in the mountainous areas of Limassol affected by the recent wildfires. The measures ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced that it will be participating Eastern Mediterranean Conference & Exhibition (EMC) 2025 as an official partner. The event, set to ...

The Cyprus Investment Funds Association (CIFA) on Tuesday issued a statement welcoming the latest data published by the Cyprus Securities and Exchange Commission (CySEC), which reflect the sustained momentum of ...

Leading European financial technology provider payabl. on Tuesday announced that it will become the official payments partner of Anorthosis Famagusta FC for the 2025–2026 season. According to the announcement, the collaboration ...

The Bank of Cyprus on Tuesday announced that it will distribute an interim dividend of €0.20 per ordinary share. This interim dividend amounts to approximately €87 million and corresponds to about 40 per ...

Passenger traffic at Cyprus’ airports is expected to hit a new record this August, as Hermes Airports braces for the summer peak and urges travellers to arrive early and plan ...

Non-profit organisation Cyprus Seeds has announced that it recently hosted a high-profile technology transfer event. The event, held in collaboration with the EU-funded DiGiNN initiative, aimed at strengthening Cyprus’ innovation ...

Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service ...

Greece’s four systemic banks have posted strong profitability in the second quarter, with projections indicating that total earnings could reach €4.7 billion by the end of 2025. According to Greek news ...

The Bank of England is widely expected to reduce its benchmark interest rate from 4.25 per cent to 4 per cent on Thursday. A further rate cut is anticipated before the end ...

In 2024, European Union countries produced 32.7 billion litres of beer containing more than 0.5 per cent alcohol and an additional 2 billion litres of beer with less than 0.5 per cent alcohol or no ...

Britain’s manufacturers – hit in recent months by trade wars and higher taxes – moved closer to a return to growth in July and executives were their most optimistic in five ...

Oil prices edged higher on Monday, paring earlier losses, as traders expect the market to absorb another large output hike by OPEC+ in September, while worries about disruptions to Russian ...

Cyprus’ real estate market remains resilient and in high demand, with a strong start to 2025 confirming last year’s momentum, according to Cyprus Real Estate Agents Registration Council president Marinos ...

Cyprus surpassed its pre-pandemic tourism figures in 2024, as international arrivals and revenues rose sharply, aligning with a global rebound that brought worldwide travel nearly back to 2019 levels, according to data ...

Cyprus is steadily emerging as a regional player in digital innovation, technology adoption and artificial intelligence, transforming itself into a competitive hub in the Eastern Mediterranean. At the core of ...

Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service ...

Cyprus-flagged MV CYMONA OCEAN, a new Kamsarmax bulk carrier built by Japan’s Oshima Shipbuilding, has been delivered to the fleet of shipowner Nicolas  Hadjioannou and will be managed by ...

Alpha Bank A.E. and its wholly owned subsidiary Alpha Finance Investment Services S.A. on Monday announced the signing of a definitive share purchase agreement with the shareholders of ...

Pandora Investments Public Company Limited on Monday announced the sale of the Oceanus office tower, a key component of the under-construction Limassol Blu Marine project. The transaction was carried out ...

Cypriot beverage company Keo PLC on Monday announced that it has completed the distribution of its interim dividend to eligible shareholders, in accordance with the announcement issued on June 25, 2025. In ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides said that the country must remain prudent and vigilant in order to navigate the mounting global uncertainty. In an interview with Politis, ...

Farmers and foresters across Europe are sharing sustainable bio-based practices and technologies, showing how local knowledge and European collaboration can help drive the transition to a greener future. By Sofia ...