Business

Cypriot shipping companies with vessels stranded in the Persian Gulf and the Gulf of Oman due to Iranian threats in the Strait of Hormuz have so far reported no direct ...

A global energy crisis triggered by the war in Iran appears increasingly likely in the short term, although a prolonged and catastrophic disruption remains less probable due to market resilience ...

Cyprus remained in positive territory for Jumbo Group at the start of 2026, with the retailer reporting a 3 per cent rise in February sales and a 6 per cent increase over the ...

The Cyprus Employers and Industrialists Federation (Oev) has established a new committee on education, training and the attraction of young talent as part of its broader strategy to strengthen workforce ...

When entrepreneurs explore company formation, many establish a website as one of their first business assets. As time goes on, their initial choices may no longer be the most cost-effective. ...

Bank employees’ union Etyk has reached a preliminary agreement with the management of Societe Generale for the renewal of the collective balance for the period 2023 to 2027, following intensive negotiations. “This ...

More than 20,000 seafarers and 15,000 passengers are stranded in the Persian Gulf because of the war in the Middle East and the blockade of the Strait of Hormuz, International Maritime Organisation (...

The Cyprus Shipping Chamber (CSC) welcomed the publication of the European Industrial Maritime Strategy and the EU Ports Strategy by the European Commission, stating that the initiatives underline the maritime ...

The Paralimni-Deryneia municipality said this week it is stepping up preparations for the new tourist season, as the popular east coast destination gets ready to welcome the hundreds of thousands ...

Cyprus remains a safe tourism destination despite geopolitical tensions in the Middle East, Deputy Tourism Minister Kostas Koumis said after meetings with industry partners at the ITB Berlin tourism fair ...

Cyprus recorded a decline in retail trade volume in January 2026, even as the European Union overall registered a modest increase, according to Eurostat. According to the data, Cyprus retail trade ...

The Cyprus Chamber of Commerce and Industry (Keve) issued a circular this week to inform members about significant changes to the European Union VAT regime that have already come into ...

Property sales in Cyprus maintained a double-digit increase in February 2026, as transactions rose by 12 per cent year on year, according to data released by the department of lands and surveys. ...

Cyprus recorded a 4.9 per cent increase in its industrial turnover index during December 2025 compared with the same month a year earlier, according to the latest figures released by the Cyprus ...

British employers’ expectations for wage growth held at their ​joint-lowest in nearly four years in February, according ‌to a survey published by the Bank of England, which is looking out ...

MPs on Thursday demanded an accounting for the bevy of renewables permits issued in the past, after it emerged that about two-thirds of the permits did not materialise into solar ...

The Bitcoin network is approaching one of its most significant historical milestones. As of early March 2026, the total number of Bitcoin in circulation is nearing the 20 million mark. Out of ...

The Central Bank of Cyprus (CBC) issued a public notice on Thursday to inform people and businesses that banks will be closed for two upcoming national holidays. According to the ...

While Bitcoin and several utility-focused protocols are attempting to stage a recovery from recent lows, Ripple (XRP) is struggling to maintain its footing. As of today, XRP has experienced a ...

Cyprus economy resilient enough to withstand regional shock, says spokesman Government spokesman Konstantinos Letymbiotis on Thursday said that the Cyprus government is conducting ongoing assessments of the economic impact of ...

BuySell, the leading real estate marketplace in Cyprus, has launched a major upgrade to the property search experience: Map Search, a feature that allows users to view and filter more ...

Inflation in Cyprus remained almost flat in February, reaching just 0.1 per cent, as a drop in energy costs offset rising prices in the services sector, according to the latest report ...

Cyprus’ information technology sector called for urgent reforms in the way informatics is taught in schools, warning that the country risks falling behind if education does not keep pace with ...

Cyprus remains stuck in the slow lane of Europe’s green transition, with electric vehicles accounting for just 0.51 per cent of the island’s passenger car fleet in 2024, according to ...