#business

The United Arab Emirates (UAE) has confirmed that it is accelerating construction of a second oil pipeline to Fujairah, in a strategic move aimed at reducing its dependence on the ...

The European Central Bank (ECB) has published a paper warning that Europe’s fragmented energy system continues to expose firms to high and uneven energy costs, with particular implications for ...

The Bank of Cyprus (BoC) on Monday announced that shareholders approved a final cash dividend of €0.50 per share for the 2025 financial year, marking the largest payout since the bank resumed ...

Columbia Cruise Services (CCS) has expanded its presence in China with the opening of a new office in Shanghai, located next to its cruise partner Adora Cruises. According to a ...

Inkjet printing can reduce OLED notebook panel manufacturing costs by approximately 30 to 35 per cent when compared to conventional production methods, according to technology research firm Omdia. The market assessment established ...

American investment house Jefferies recently issued a comprehensive financial update raising its target price for the National Bank of Greece (NBG) to €18.10 from the previous valuation of €17.00. The equity research ...

Association of Cyprus Travel and Tourism Agents (ACTTA) president Charis Papacharalambous on Monday outlined a cautious outlook for the island’s tourism sector, warning of continued pressures but expressing hope ...

The Association of Cyprus Banks (ACB) announced on Monday that Cyprus will host the official meetings of the European Banking Federation (EBF) this week, placing the island at the centre ...

The Bank of Cyprus (BoC) on Monday announced that shareholders approved a final cash dividend of €0.50 per share for the 2025 financial year, marking the largest payout since the bank resumed ...

Consumer goods prices continued to rise on the e-kalathi platform in the first half of May, with increases recorded across 182 product barcodes, the Cyprus consumers association said on Monday. According ...

Only four in 10 women in Cyprus have enough money to cover an emergency without borrowing, while just one in four has made additional retirement plans, early findings from the Financial ...

Travel packages to long-haul destinations have become cheaper in some cases this year, even as the war in the Middle East pushes up fuel costs and adds uncertainty to travel ...

United Aerospace Maintenance Company (UAMCO) Ltd has secured planning permission for a specialised aircraft engine test cell facility in the Aradippou industrial zone, marking a further step in Cyprus’ efforts ...

The price index of construction materials in Cyprus rose modestly in April, even as building activity continues to surge across the island, according to a report from the Cyprus Statistical ...

The Cyprus Statistical Service (Cystat) on Monday reported a sharp decline in tourist arrivals in April 2026, highlighting the deepening impact of the war in Iran on the island’s tourism ...

Cyprus is pushing ahead with its digital transition, placing competitiveness, resilience and inclusion at the centre of its strategy, the Deputy Ministry of Research, Innovation and Digital Policy said on ...

Cyprus-headquartered gaming company Strikerz Inc. is preparing the global rollout of UFL Mobile in the second half of 2026, as the football title looks to carve out its own space in ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding a number of websites operating without authorisation to provide investment services. The regulator stated that the ...

The Cyprus Trading Corporation Plc (CTC) on Monday announced that the Cyprus Securities and Exchange Commission (CySEC) has approved the public offer document for its proposed acquisition of Ermes Department ...

Investment firm Demetra Holdings Plc on Monday announced that it completed the repurchase of 6,880 of its own shares through the Cyprus Investment & Securities Corporation Limited (CISCO) during a trading ...

Genikes Insurance on Monday announced that it was named Best General Insurance Company in Cyprus at the Global Banking and Finance Awards 2026, while also securing the title of Best Insurance ...

Digital banks are reshaping the transmission of monetary policy across the euro area, according to European Central Bank (ECB) monetary policy adviser Katarzyna Budnik. In a recently-published piece of analysis, ...

The International Maritime Organisation (IMO) is using this year’s International Day for Women in Maritime to press a sharper message, gender equality in shipping can no longer remain a ...

The launch of Cyprus’ competitive electricity market represents an important modernisation step, but stronger regulatory safeguards are essential to prevent market distortions and protect consumers, according to energy expert Andreas ...