#business

The Cyprus Stock Exchange (CSE) on Monday announced that its council ratified a decision to continue the suspension of trading for shares in Mr Pengu Public Company Ltd. This move ...

Cyprus could assume a strategic role in the development of the India–Middle East–Europe Economic Corridor (IMEC), according to academic Michalis Kontos, who highlighted the island’s geopolitical position ...

The board of directors of Nicosia-headquartered agro-industrial company Astarta Holding Plc announced on Monday its formal recommendation to withhold dividend distributions from the profits generated during the 2025 financial year. This ...

K+G Complex Public Company Ltd issued an official notice on Monday, convening to its forty-sixth annual general meeting, in order to review yearly performance and secure key shareholder approvals. ...

Demetra Holdings Plc repurchased 5,980 of its own shares through the Cyprus Investment and Securities Corporation (CISCO) on May 22, marking the latest transaction in its ongoing capital management programme. According to ...

Geopolitical challenges and sectoral transformation mean that adaptability will determine the leading players in the new era of banking, according to Eurobank. This was the key message highlighted by the ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement congratulating the newly elected members of the House of Representatives. It also expressed confidence in “a productive ...

Cyprus’ short-term economic momentum weakened further in April, as the Composite Leading Economic Index (CCLEI) fell for a second consecutive month, reflecting the impact of geopolitical tensions, external pressures and ...

The blue economy will be central to Europe’s prosperity and resilience in the years ahead, according to Deputy Shipping Minister Marina Hadjimanolis. Speaking at the closing session of European ...

Banks in Greece and Cyprus are accelerating lending activity, with credit expansion expected to approach or exceed €15 billion this year, supporting both profitability and economic growth. The figures, shared by ...

Global connected television advertising revenue will surge from $44 billion in 2025 to $81 billion by 2030, according to a report from market intelligence firm Omdia. The findings indicate that connected television advertising revenues ...

The euro area’s trade in goods surplus with the rest of the world collapsed to €7.8 billion in March 2026, according to preliminary figures from Eurostat. This updated balance represents a ...

The European Union saw a sharp 8 per cent year-on-year increase in the average price of fertilisers and soil improvers during the fourth quarter of 2025, according to a report from Eurostat. ...

Alpha Bank reported its first quarter 2026 results last week, showing solid operational performance but weaker headline profitability due to one-off costs and a softer capital position, according to analyses by ...

Here are the top business stories in Cyprus from the week starting May 18: The launch of Cyprus’ competitive electricity market represents an important modernisation step, but stronger regulatory safeguards are ...

Revolut chief executive Nik Storonsky recently outlined an ambitious strategy to expand Revolut Business, aiming to position the company as the largest bank in the world. The internal communication to ...

The European Union imported 49.7 million tonnes of recyclable raw materials and exported 36.2 million tonnes to non-EU countries over the course of 2025, according to a Eurostat report. This distinct trade imbalance ...

Britain’s employers ​reined in their hiring and posted fewer job vacancies in April, according to data released this week which showed the impact of the Iran war on ‌the ...

Battery storage firms in the US are seeing surging interest from power-hungry AI data centers, but lengthy queues to connect to the grid and a supply chain heavily dependent on ...

The informal economy accounts for more than 80 per cent of Africa’s total workforce, creating significant broadband deployment challenges and opportunities across the continent, according to a study by market ...

Fuel prices across the European Union surged in April, with Cyprus recording one of the steepest monthly increases in diesel costs, reflecting broader energy market pressures. According to a report ...

Cyprus Airways and flydubai have announced the launch of a new interline agreement, aimed at strengthening international connectivity and offering passengers seamless access to an expanded network across the Middle ...

The Cyprus Securities and Exchange Commission (CySEC) has alerted regulated entities to strengthened anti-money laundering guidelines and new risk reports, as data from the Financial Intelligence Unit (Mokas) pointed to ...

European air connectivity barely moved in 2025, with the International Air Transport Association (IATA) warning that the continent’s route network grew by just 1 per cent, underscoring the pressure facing airlines ...