Business

President of the technical chamber Etek on Thursday said that the energy minister’s concerns about the opening up of the electricity market were reasonable and justified. In a written ...

European Banking Federation (EBF) director general Wim Mijs on Thursday sounded the alarm on the consequences of fragmented regulation in the European Union. Mijs stated that over €1 trillion in inactive ...

Copper Island, the international film company with roots in the US, UK, Europe and Australia, has officially launched its new post-production facility in Limassol’s old town, marking a strategic ...

DP World Limassol on Thursday released a statement highlighting the expected arrival of around 140 cruise ships in 2025, underscoring the island’s resurgence as a major Eastern Mediterranean cruise destination. “The ...

Merger initiatives have accelerated in Cyprus, according to Aristidis Vourakis, president of the Association of Cyprus Banks and CEO of AstroBank, who also revealed that Deutsche Bank is considering a ...

Finance Minister Makis Keravnos on Thursday called on the Cypriot banking sector to step up lending, support innovation and startups, and embrace cultural change through digital transformation. “The challenges facing ...

Top Kinisis Travel Public Ltd has approved a dividend of €0.01 per ordinary share, totalling €122,120.11, as part of the decisions made during its annual general meeting (AGM) held at the company’...

The Cyprus Stock Exchange (CSE) announced on Thursday that it is now accepting applications for registration as direct and general clearing members for the competitive electricity market (CEM). The CSE ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday urged Cypriot banks to remain “vigilant and adaptive” in the face of mounting global uncertainty, stressing their role as “pillars ...

The latest ICS Maritime Barometer highlights continued pressure on the global shipping industry, as maritime leaders face a combination of geopolitical instability, rising regulatory demands and growing cyber-security risks. Based ...

Eurobank Research has retained the top spot for overall macroeconomic forecasts for Greece for the second consecutive year. This year, the bank has also achieved first place in Cyprus for ...

Women entrepreneurs in Cyprus are being encouraged to take advantage of three open calls offering financial support, mentorship and international networking opportunities. The Cyprus Chamber of Commerce and Industry, acting ...

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director ...

Government employment in Cyprus recorded a 0.9 per cent increase in May 2025 compared to the same month in 2024, reaching a total of 55,305 employees, according to the Cyprus Statistical Service (Cystat). Specifically, ...

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., on Wednesday announced the completion of the squeeze-out procedure for the acquisition of the remaining shares of ...

Japan’s Nintendo said on Wednesday it had sold more than 3.5 million Switch 2 units in the first four days after its launch, making the console the company’s fastest-selling gaming ...

British Chancellor Rachel Reeves prioritised spending on health, defence and infrastructure projects to drive economic growth in a bid on Wednesday to reboot the Labour government’s offer of a ...

The crypto market reels from recent turbulence, with Dogecoin (DOGE) stumbling to $0.16 after a sharp 10% drop in a single day. This decline, sparked by a public spat between high-profile figures, ...

Change is the only constant in crypto, and Cardano (ADA) has fallen off when it comes to keeping up with the changes. While initially praised for its advances in blockchain ...

Award-winning practices set new benchmarks in Cypriot retail Lidl Cyprus has concluded its fifteenth anniversary year, underscoring a track record of durable expansion, local investment and consumer-centred innovation in the ...

Solana (SOL) had an impressive run in January 2025, which pushed it to a new all-time high of $294.33. However, it has struggled since then, falling by over 48.35% to the current price ...

Energy Minister George Papanastasiou on Wednesday said there is “no way” that consumer electricity bills will go up by 9.5 per cent. Speaking after the day’s cabinet meeting, he described ...

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director ...

The Finance Ministry on Wednesday announced the upcoming delisting of a government security issued earlier this year by the Republic of Cyprus. The 13-week treasury bills, identified under the code ...