Banking and Finance

UniCredit has signed a derivatives agreement that paves the way for it to nearly double its stake in Greece’s Alpha Bank, increasing its shareholding to close to 20 per cent. ...

Cyprus took part in the international food and beverage exhibition SIAL Shanghai 2025, with an information booth jointly organised by the Ministry of Energy and the Cyprus Trade Centre in Beijing. ...

Cyprus is stepping up efforts to encourage mergers and acquisitions among small and medium-sized enterprises, aiming to unlock growth, competitiveness and innovation across key sectors. Speaking at a conference organised ...

European fintech company payabl. has named Christia Evagorou Papamichael as its new deputy group CEO, in a move that strengthens its leadership structure amid continued expansion across Europe and beyond. ...

Just three years after launching in Greece, the digital investment platform Freedom24 has surpassed 100,000 active users, becoming the preferred choice for a new generation of Greek investors – a dynamic, digitally ...

Greek airline Aegean  announced on Wednesday its financial and operational results for the first quarter of 2025, reporting strong revenue growth and improved operating performance during the seasonally weakest period of ...

The Cyprus Shipping Chamber (CSC) successfully held its 36th Annual General Meeting on Tuesday, in Limassol, attending senior  officials, diplomats, party representatives and the entire shipping community. The event was ...

Cyprus’ maritime heritage will only be fully restored when ships under the Cypriot flag sail freely again from Famagusta and Kyrenia, House president Annita Demetriou said on Tuesday, expressing support ...

The business community has welcomed the inauguration of Cyprus’ new Business Support Center, describing it as a crucial step towards cutting red tape and facilitating foreign and domestic investment. The ...

Cyprus is stepping up efforts to bolster its maritime sector, with President Nikos Christodoulides reaffirming that shipping will be among the key priorities during the country’s upcoming EU Council ...

In an era of rapid change, challenges are inevitable for any business or organisation, especially when it comes to digital transformation, according to Marios Kapiris, Director of Kyndryl, leading global ...

The 1st Annual General Meeting (AGM) of C.M.C.L. – Cyprus Marine Club Limited –in Limassol, marking its shift to a company limited by guarantee and electing a new ...

Cyprus recorded its highest-ever number of tourist arrivals for the January–April period, which the government described as ‘historic’, reinforcing efforts to establish the island as a year-round destination. Speaking ...

Total sales of petroleum products in Cyprus climbed to 124,647 tonnes in April 2025, marking an 8.4 per cent increase compared to the same month in 2024, according to data released on Monday by ...

The Cyprus Forum London returned for a second year in May, hosted at the High Commission of Cyprus in the United Kingdom and co-organised by Oxygen for Democracy in collaboration ...

Cyprus strengthens its bid to become a recognised hub for international film production, as Copper Island, an international production company with operations across the United States, the United Kingdom, Europe ...

Kornos is undergoing a major transformation, with two flagship projects worth over €20 million already launched or heading for implementation, according to Lefkara mayor Sofoklis Sofokleous. “The municipal district of Kornos ...

AMAZON. SAS Ltd is moving ahead with plans to construct a pharmaceutical manufacturing facility in Limassol, following approval from the Environmental Authority. The €4 million project will be located in the ...

A renewed deterioration in the business climate within the services sector contributed to a further decline in economic sentiment in Cyprus in May, with the Economic Sentiment Indicator (ESI-CypERC) dropping ...

The 1st Annual General Meeting (AGM) of C.M.C.L. – Cyprus Marine Club Limited –in Limassol, marking its shift to a company limited by guarantee and electing a new ...

Cyprus inaugurated its new Business Support Centre (BSC) on Monday, marking what the government described as a turning point in efforts to cut red tape, attract investment and support entrepreneurship. ...

Cyprus’ housing market continued to cool in the fourth quarter of 2024, with Paphos recording the strongest price growth while Nicosia posted the weakest performance, a marginal annual decline, according to ...

Cyprus deepened its maritime ties with Finland during a working visit to Helsinki by Deputy Minister of Shipping Marina Hadjimanolis, who joined the Cyprus Maritime Commission as part of the ...

Limassol will host the European Maritime Day (EMD) on May 21 and 22, 2026, as Cyprus takes the helm of the EU presidency, welcoming the continent’s maritime community to the island’s ...