Business

The profit share of non-financial corporations in Cyprus reached 42.9 per cent in 2024, standing above the EU average of 40.1 per cent, according to Eurostat data published on Friday. Across the bloc, ...

Total employment in Cyprus reached 523,510 persons in the third quarter of 2025, according to provisional estimates released by the Statistical Service (Cystat). Of this total, 470,755 were employees and 52,755 were self-employed. Compared ...

Cyprus’ government posted a €1.119 billion surplus for the January–October 2025 period, equivalent to 3.1 per cent of GDP, according to preliminary figures from the Statistical Service (Cystat). This compares with a €1.3209...

The industrial turnover index in Cyprus reached 151.8 units in September 2025, marking an annual increase of 5.6 per cent compared with September 2024, according to figures released by the Statistical Service (Cystat). For ...

Bank of Cyprus (BoC) has introduced its new Virtual Card, launched under the central message ‘The card that lives in your phone’, bringing the online shopping experience directly into everyday ...

Cyprus enterprises continued upgrading their digital capabilities in 2025, with faster internet connections, wider adoption of artificial intelligence technologies and increased use of business software, according to the Statistical Service (Cystat). ...

TechIsland held its first Town Hall discussion in Limassol on Thursday, bringing together senior representatives from Ask Wire, PwC Cyprus, Leptos Estates, Neapolis University Paphos, Bank of Cyprus, Cybarco Development ...

In Argentina’s rapidly growing pistachio heartland, rows of trees bearing the ripening yellow fruit dot the dry landscape, a sign of how this agricultural region is striving to capitalize ...

Philips shares fell by their most in nearly 10 months on Thursday, down over 7 per cent after traders flagged concerns about growth expectations and tariff headwinds following comments from the Dutch ...

Amazon.com on Wednesday touted new capabilities for its SageMaker AI service that it says will help customers expedite customizing their artificial intelligence software models. For Peter Nikoloff, a different ...

Brussels has opened a new antitrust investigation into Meta Platforms over its rollout of artificial intelligence features in WhatsApp, the European Commission said on Thursday, reflecting rising scrutiny of Big ...

Cheap cryptocurrencies often become the most talked-about assets during market resets, especially when investors start scanning for low-priced tokens with the potential to move fast. As Q1 2026 approaches, three sub-$0.05 ...

For many years payday loans dominated the short term lending world. They offered quick cash to people who needed emergency money but at a very high cost. Traditional payday loans ...

Inflation in Cyprus turned negative in November, with the Consumer Price Index (CPI) falling by 0.5 per cent year on year, according to the state statistical service (Cystat). The index decreased ...

EMBIO Diagnostics has entered a strategic partnership with international basketball player Sasha Vezenkov, who joins the Cyprus-based deep-tech company as both an investor and brand ambassador for its airbeld indoor ...

National Bank of Greece (Cyprus) has appointed Michalis Athanasiou as Chief Business Officer, in a move that strengthens its management team during a period of dynamic growth and strategic upgrading ...

Net new loans in Cyprus fell by €18.5 million in October to €429.4 million, mainly due to a slowdown in lending to companies, while housing loans continued to rise, according to data ...

TechIsland held its first Town Hall discussion in Limassol on Thursday, bringing together senior representatives from Ask Wire, PwC Cyprus, Leptos Estates, Neapolis University Paphos, Bank of Cyprus, Cybarco Development ...

Gamification may have become one of the tech industry’s most overused buzzwords, yet very few have attempted to measure it as an investment category. According to Diana Barsukova, who ...

Procedure is not a flexible framework that allows litigants to correct their mistakes after they have presented their case before the court. Rather, it is a mechanism that ensures the ...

Safe Bulkers, which also maintains offices in Limassol and is led by owner and chief executive Polys Hajioannou, has authorised a new share repurchase programme of up to 10 million shares, ...

Cyprus strengthened its links with the EU institutional centre this week as Greek airline Aegean, in cooperation with Hermes Airports, launched a new direct Larnaca–Brussels route beginning of December, ...

The financial system risks undermining global trade if it fails to adapt to the economy’s needs, with developing countries likely to suffer the most, the UN Trade and Development ...

British house prices rose slightly faster than expected in November, defying concerns about the impact of finance minister Rachel Reeves’ budget, and higher wages were improving affordability, mortgage lender Nationwide ...