Business

The XM Limassol Marathon is one of the country’s most important sports tourism events, according to Deputy Tourism Minister Kostas Koumis. He noted that the Deputy Ministry of Tourism, ...

By Demetris Hoplaros, Moneygate In today’s global economy, the speed at which capital moves often determines the speed at which businesses grow. For decades, cross-border payments and treasury management ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday announced its participation in Global Money Week 2026, launching a series of educational initiatives aimed at strengthening young people’s financial literacy ...

Ayia Napa can protect the stability and strength of its tourism sector despite the fallout from recent developments in the Middle East, provided there is planning, coordination and calm, mayor ...

Cyprus’ property market is holding firm despite escalating tensions in the Middle East, bolstered by its long-standing reputation as a stable “safe haven” for overseas investors and families seeking a ...

A second tanker linked to Greek shipowner George Prokopiou has safely passed through the Strait of Hormuz, even as shipping activity in the area remains sharply reduced because of escalating ...

The European Securities and Markets Authority (ESMA) recently published its takeaways from the 2025 Call for Evidence on the retail investor journey, outlining actions aimed at making it easier for retail ...

Industrial production in Cyprus increased by 2 per cent in January 2026 compared with December 2025, even as overall production declined across the European Union and the euro area, according to Eurostat. Specifically, ...

Media multitasking is rapidly expanding beyond younger audiences, with more than half of people aged 45 to 54 now watching video clips on their mobile phones while simultaneously watching television. According to ...

The International Maritime Organisation (IMO) will hold a council meeting in London from March 18 to March 20 to examine the impact of security developments in the Middle East on international shipping ...

While artificial intelligence is increasingly used by European companies, there is no clear evidence yet that the technology is replacing workers, with many firms actually more likely to hire additional ...

Global shipments of desktops, notebooks and workstations are expected to decline significantly in 2026 as rising component costs and supply pressures weigh on the personal computer market, according to the latest ...

The US car business is grappling with a stubborn affordability problem, one that threatens to relegate more Americans to the used-car lot and leave automakers vulnerable to lower-priced rivals. Lawmakers ...

Amazon.com (AMZN.O) will expand access to its healthcare AI assistant for customers using its website and ​app, aiming to streamline care for over 30 conditions, ‌the company has announced. ...

The European Securities and Markets Authority (ESMA) published its first risk monitoring report of 2026 this week, warning that risks of market and systemic stress in European Union financial markets remain ...

Members of the European Parliament this week adopted a comprehensive series of recommendations designed to protect copyrighted creative work from being used by artificial intelligence systems without permission or payment. ...

Wars do not all share the same definition of victory. In what are commonly called asymmetric wars – conflicts between opponents of vastly unequal power and resources – the logic is almost ...

Here are the top business stories in Cyprus from the week starting March 9: The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus’ foreclosure framework could have ...

Elon Musk’s Tesla can soon start supplying British homes with electricity after it was granted ​a licence this week, bringing a new competitor into ‌the market at a time ...

Facebook parent Meta Platforms has announced that it acquired Moltbook, a social networking platform built for artificial intelligence agents, bringing the company’s ​founders into its AI research division. The ...

The International Air Transport Association (IATA) this week released a report showing air cargo’s vital role in sustaining global trade and supporting economic growth in 2025 amid severe trade policy ...

A Greek flagged and owned tanker was struck by a missile off the Russian port of Novorossiysk in the Black Sea, authorities said on Saturday, though all 24 crew members on ...

Business & economy news from the day before Public debt continued to fall in 2025, reaching its lowest percentage of GDP since 2008, while Cyprus also recorded its fourth consecutive fiscal surplus. ...

The European Central Bank (ECB) has reported that 444,000 counterfeit euro banknotes were withdrawn from circulation in 2025, representing a 20 per cent decrease compared with the previous year. The ECB said that ...