#business

Citi has maintained its ‘buy’ recommendation for Eurobank and reaffirmed its target price of €5 per share, while slightly raising its profitability forecasts for the banking group ahead of its second-quarter ...

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects ...

The Bank of England (BoE) looks set to keep interest rates unchanged at 3.75 per cent on Thursday, ​despite a recent spike in oil prices above $100 a barrel which may test ...

For Hassan Butt, a 17-year-old British student volunteering at the Farnborough airshow, there ​was nothing cooler than watching the planes and thinking about the physics that kept them airborne. “Everyone ...

British firms reported the first rise in activity in three months in July, helped ‌by a brief respite in the Iran war, while consumers grew in confidence and spent more, ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Monday that it has granted Dinos Lefkaritis an exemption from the obligation to submit a mandatory public takeover bid following a ...

Household real income per capita remained stable in the euro area during the first quarter of 2026, while recording a slight increase across the European Union, according to a report from ...

Bank deposits and lending in Cyprus both recorded stronger monthly increases in June, according to figures published by the Central Bank of Cyprus (CBC), reflecting continued growth in household and ...

Tourism and business officials examine role of theme parks in Cyprus Cyprus’ efforts to expand its theme park sector could help transform the island into a more diversified, year-round tourism ...

Cyprus Cement Public Company Ltd and K+G Complex Public Company Ltd have announced the distribution of dividends to their entitled shareholders. Both companies confirmed that dividend cheques have been ...

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects ...

The Bank of Cyprus (BoC) on Monday announced that it was named Best Sub-Custodian Bank in Cyprus for 2026 by international financial publication Global Finance, recognising the bank’s performance in ...

Investment firm Demetra Holdings Plc announced on Monday the repurchase of its own shares in line with regulatory requirements of the Cyprus Stock Exchange (CSE) and the Cyprus Securities and ...

Andreas Spyrides takes helm of CFA Society Cyprus CFA Society Cyprus announced on Monday the election of a new board of directors, marking a new phase for the organisation following ...

Eurobank announced on Monday that it repurchased 1,464,364 shares on the Euronext Athens for a total cost of €6,119,952.33 between July 20, 2026 and July 24, 2026, as part of its ongoing share buyback programme. The ...

The Cyprus Trading Corporation (CTC) announced on Monday the completion of its mandatory takeover bid for Ermes Department Stores Plc. The company said the process related to the acquisition of ...

By Stephanos Spyrou Picture a fairly ordinary Tuesday. Someone in your office is fighting a PDF that will not convert, or a clause that needs translating before a call in ...

The European Central Bank (ECB) said banks across the euro area tightened lending conditions in 2025 as trade tensions, particularly those linked to exports to the United States, increased risks for ...

Global recorded-music retail sales are expected to reach $48.3 billion in 2026, marking the 12th consecutive year of annual growth for the industry, according to new forecasts from research firm Omdia. The ...

Euro area banks tightened lending standards again in the second quarter of 2026, while business borrowing picked up slightly and household demand for loans weakened, according to the European Central Bank’...

The European Securities and Markets Authority (ESMA) has urged financial market participants to accelerate preparations for the European Union’s transition to a T+1 settlement cycle, warning that 2026 will be ...

Effective enforcement mechanisms will be crucial to the credibility and success of artificial intelligence regulation, according to a new Omdia analysis examining AI policies and regulatory frameworks across major global ...

The International Monetary Fund (IMF) has warned that the rapid development of tokenised finance could either strengthen the global financial system or create new sources of instability, depending on the ...

Here are the top business stories in Cyprus from the week starting July 20: A family of four could spend around €120 on a single day at an organised beach in Cyprus, ...