Business

The Cyprus Trading Corporation Plc (CTC) on Monday announced that the Cyprus Securities and Exchange Commission (CySEC) has approved the public offer document for its proposed acquisition of Ermes Department ...

Investment firm Demetra Holdings Plc on Monday announced that it completed the repurchase of 6,880 of its own shares through the Cyprus Investment & Securities Corporation Limited (CISCO) during a trading ...

Genikes Insurance on Monday announced that it was named Best General Insurance Company in Cyprus at the Global Banking and Finance Awards 2026, while also securing the title of Best Insurance ...

Digital banks are reshaping the transmission of monetary policy across the euro area, according to European Central Bank (ECB) monetary policy adviser Katarzyna Budnik. In a recently-published piece of analysis, ...

The International Maritime Organisation (IMO) is using this year’s International Day for Women in Maritime to press a sharper message, gender equality in shipping can no longer remain a ...

The launch of Cyprus’ competitive electricity market represents an important modernisation step, but stronger regulatory safeguards are essential to prevent market distortions and protect consumers, according to energy expert Andreas ...

As digital nomads rethink where to live, researchers are exploring whether their choices can help close Europe’s urban–rural divide. New research suggests the shift to remote working could ...

Global desktop monitor shipments reached a total of 133.4 million units in 2025, according to a report from market intelligence firm Omdia, marking a recovery from previous post-pandemic disruptions. This expansion represents ...

The euro served as the primary currency for extra-EU imports of primary goods, excluding petroleum, during the year 2025, according to a report from Eurostat. This leading position was marked by ...

Financial integration in the euro area has improved markedly since late 2022 due to resilient market functioning, according to a report from the European Central Bank (ECB). The latest findings on ...

A Cyprus-based digital health startup is advancing cognitive rehabilitation through a new platform, aiming to address gaps in awareness and access to treatment across the healthcare system. The initiative centres ...

Global social media advertising revenue is projected to reach $640 billion by the end of 2030, according to the inaugural Social Media Advertising Market Landscape 2026 report published by industry analysts at Omdia. ...

The European Union achieved a €24.7 billion surplus in the trade of agricultural products during the year 2025, according to a report from Eurostat. Specifically, the bloc exported goods worth €238.2 billion while ...

Here are the top business stories in Cyprus from the week starting May 11: Eurobank S.A. released its interim consolidated financial statements on Monday, providing further detail on its performance ...

The Cypriot tax landscape has undergone a significant recalibration following the entry into force of a broad package of fiscal reforms, effective as from the January 1, 2026. Although a considerable part ...

The European Securities and Markets Authority (ESMA) recently published the findings of its 2025 Common Supervisory Action review, revealing that while most fund managers are compliant, significant governance weaknesses remain across ...

Global shipping is facing a deepening shortage of seafarers just as geopolitical instability, rising trade demand and decarbonisation are placing heavier pressure on the industry, according to Uniteam Marine. The ...

By Maria Demertzis Mark Carney’s call for an age of middle powers in the World Economic Forum this year has left European capitals in an awkward place. For Canada, ...

European investment banking and asset management group Wood & Company this week published an analysis of Greek and Cypriot banks, focusing on valuation, profitability and shareholder distributions. The report, whose ...

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

The European Union recorded an increase in greenhouse gas emissions during the fourth quarter of 2025, with figures reaching 839 million tonnes of CO2-equivalents, according to Eurostat. Specifically, Eurostat reported a 0.9 ...

The Cyprus Chamber of Commerce and Industry announced this week that it will host a specialised seminar in Nicosia to help local companies unlock business opportunities through the strategic use ...

The European Commission recently adopted three legislative proposals aimed at creating a seamless travel experience by simplifying the booking process for long-distance and cross-border rail journeys. These measures deliver on ...

The Trump administration should screen cutting-edge artificial intelligence models for security threats before they ​are publicly released and withhold lucrative government ‌contracts from those that fail review, an advocacy group ...