Business

Why the UK Is losing ground By George Ayiomamitis A profound transformation is reshaping the geography of global wealth. The international relocation of high-net-worth individuals (HNWIs) — those with over $1 million ...

Limassol-based Island Oil Holdings is moving ahead with a wide digital transformation programme centred on artificial intelligence. The group “is taking decisive steps to embed Artificial Intelligence (AI) across our ...

Three Cypriot robotics teams from the primary, lower secondary, and upper secondary levels are preparing to travel to Singapore to represent Cyprus at the World Robot Olympiad International Finals 2025, which ...

Cyprus will continue its efforts to modernise the way the government operates and strengthen its investment appeal, president Nikos Christodoulides pledged on Thursday. Addressing the general assembly of the association ...

EU farms produced an estimated 161.8 million tonnes of raw milk in 2024, marking an increase of 0.9 million tonnes compared with 2023, according to Eurostat. This latest development confirmed the relatively steady growth ...

The euro area’s annual inflation rate eased to 2.1 per cent in October 2025, marking a slight decline from September and placing Cyprus at the very bottom of the European Union’...

The Cyprus Chamber of Commerce and Industry (Keve), acting as the coordinator of the Enterprise Europe Network Cyprus, this week announced an international business opportunity in the wine sector. According ...

British manufacturers reported the sharpest fall in output since August 2020 during the three months to the end of November, due to uncertainty ahead of next week’s annual budget, and ...

The hunt is on for the next big breakout within the crypto market, but a new crypto is on the horizon that is poised to leave market giants like Ripple (...

Cyprus holds the second highest ratio in the European Union for issuing first residence permits to non-EU citizens under the age of 18, relative to its own child population, according to ...

Marios Skandalis has been appointed director general of the Association of Cyprus Banks, succeeding Michalis Kammas. He will officially assume leadership of the association on January 1, 2026. According to an announcement ...

Nine finalists have been selected for the EIT Awards and will advance to the EIT Innovation Awards event as some of the most promising innovators within the EIT Community, which ...

Cyprus will continue its efforts to modernise the way the government operates and strengthen its investment appeal, president Nikos Christodoulides pledged on Thursday. Addressing the general assembly of the association ...

SOFTSWISS has marked its third consecutive year of supporting the global Movember campaign, reaffirming its commitment to promoting men’s health through awareness, conversation, and community engagement. The iGaming software ...

Russia’s parliament said on Thursday that any seizure of Russian assets by the European Union must be met by legal action against Belgium and securities house Euroclear, and Moscow ...

The global luxury goods industry is likely to sell 3% to 5% more next year after stagnating in 2025, but years of aggressive price increases have alienated customers, threatening long-term growth, Bain & ...

Limassol led the way in Cyprus’ high-value real estate transactions in September 2025, contributing significantly to the total of €21.3 million recorded across the island, according to real estate analytics firm Ask ...

British consumers’ optimism about the economy and their own finances recorded its sharpest fall this month since April, when many household bills increased and US President Donald Trump announced wide-ranging ...

Housing affordability pressures in Cyprus and across the EU are prompting calls for tighter controls on property purchases by third-country nationals, faster licensing and a unified housing authority, according to ...

Eurobank on Thursday released a statement detailing its participation at the 13th Energy Symposium, which took place in Nicosia this week. Eurobank was an official sponsor of the symposium, which, ...

The Human Resources Development Authority’s (Anad) budget and medium-term fiscal framework for 2026–2028 were submitted to parliament, setting out higher spending plans aimed at upgrading skills, strengthening productivity and improving ...

Aviation training ties between Cyprus and the UAE are set to deepen after Intercontinental Aviation Enterprise FZ-LLC (IAE), owner of Intercontinental Aviation Academy (IAA Global), signed a Memorandum of Understanding (...

European business leaders are in Nicosia today and tomorrow for BusinessEurope’s Council of Presidents (CoPres), hosted by the employers and industrialists federation (Oev), as Cyprus prepares for its EU ...

The Cyprus Chamber of Commerce and Industry (Keve) and a delegation from Connect Europe, an association representing telecommunications and connectivity providers, held a meeting this week at the Cyta offices ...