Business

The Central Bank of Cyprus (CBC) on Friday announced the reference interest rate, under article 314A of the Cyprus Criminal Code, has been set at 11.72 per cent. The CBC stated ...

Senior executives from major Greek banking groups with operations in Cyprus used their participation at the Delphi Economic Forum to outline how trust, talent and artificial intelligence are reshaping the ...

The Mall of Engomi (ME) Plc and Mall of Cyprus (MC) Plc on Friday reported strong profitability for the year ended December 31, 2025, reflecting increased consumer activity, higher footfall and improved ...

Alpha Bank Cyprus participated as an official supporter in an event on women’s financial wellbeing, held at the Strovolos Cultural Centre “Nikolaos Mountis”, highlighting the importance of financial empowerment ...

Cyprus’ general government recorded a surplus of €119.40 million in the fourth quarter of 2025, compared with a €94.90 million surplus in the same period of 2024, according to the state statistical service (Cystat). ...

The Cyprus Information Technology Enterprises Association (CITEA) on Friday issued a warning over sharp increases in RAM prices and other critical technology components, following a meeting with Deputy Minister of ...

Demetra Holdings Plc on Friday reported a sharp decline in profitability for the year ended December 31, 2025, with net profit after tax falling to €10.66 million for the group and €10.72 million for ...

Vassilico Cement Works Public Company Ltd on Friday reported strong financial results for 2025, with net profit reaching €35.52 million for the group and €34.99 million for the company. The group recorded revenues ...

Global shipping leaders gathered in Singapore this week to discuss how geopolitical disruption, regulatory uncertainty, decarbonisation and digitalisation are reshaping the maritime industry, as the sector faces rising pressure across ...

Captain Iro Gidakou’s story begins, as many maritime stories do, with the sea. What sets it apart is everything that came after.  From Limassol to the bridge of an ...

Cyprus is the only EU country where girls aged 16 to 19 outperform boys in coding, according to a report from Eurostat, highlighting a noteworthy exception in digital skills trends across Europe. ...

Cyprus’ coastal policy in Limassol has entered a new phase, as local authorities and the national operator CYMEPA agreed not to submit applications for Blue Flag awards for beaches in ...

Eurobank will open its representation office in Mumbai next month, according to chief executive Fokion Karavias, who spoke at a Delphi Forum panel on building geopolitical resilience. The announcement comes ...

Cyprus is already above the EU average in the use of digital tools to support environmental sustainability among businesses, according to 2025 data cited in Eurostat’s latest edition of ‘Digitalisation ...

The Bank of Cyprus (BoC) has published the notice of its annual general meeting (AGM), outlining key details on its financial position, governance and proposed shareholder returns. The notice confirmed ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday held its Private Clients in the Changing World Where East Meets West conference, bringing together leading professionals and experts in ...

Cyprus will host the executive committee meeting of the European Transport Workers’ Federation on April 27-28, marking the first time the country welcomes this high-level gathering. The meeting will take ...

Cyprus produced 9,053.9 tonnes of farmed aquatic organisms in 2024, as overall aquaculture output across the European Union declined in both volume and value. According to a report from Eurostat, total EU ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday held its Private Clients in the Changing World Where East Meets West conference, bringing together leading professionals and experts in ...

By Dimitriana Georgiou Every day I catch myself thinking about money! When I wake up, it’s the first thing on my mind. Before I sleep, it’s the last. ...

Local airline Cyprus Airways on Thursday announced the resumption of daily flights between Larnaca and Tel Aviv, restoring a key air link between Cyprus and Israel. The airline confirmed that ...

Surplus electricity generated by household solar panel systems will no longer be written off following a unanimous vote in parliament on Thursday. The decision partially accepts a referral by President ...

The Limassol regional tourism board (Etap) presented the pilot area of Apollo Hylates during its participation in the HERIT ADAPT Interreg EURO-Med project events held in Granada, Spain, bringing together ...

Plenum on Thursday rejected a referral by President Nikos Christodoulides concerning legislation on renewable energy sources (RES), which includes a ban on installations on fertile agricultural land. The vote saw 15 ...