Business

Cyprus’ economy showed mixed but generally positive developments in early 2026, with gains in construction, tourism, and vehicle registrations offset by declines in trade, according to a report from the state ...

Cyprus was among the countries that posted solid gains in real minimum wages in 2026, even as inflation continued to erode purchasing power across much of Europe, according to an analysis ...

Cyprus tourism is showing the first signs of recovery after the geopolitical crisis battered bookings and fuelled misleading impressions abroad that the island was directly involved in the war, with ...

The Bank of Cyprus (BoC) was named ‘Best Private Bank Cyprus 2026’ in the Global Banking & Finance Awards, organised by Global Banking & Finance Review, in recognition of its standing ...

From recycling old satellites in space to turning rocket parts into fuel or beaming debris back to Earth, researchers are exploring new ways to tackle the growing problem of space ...

In the past few years, more and more high-growth companies have quietly shifted from selling in the public market to staying private for longer periods of growth. This shift is ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced a training seminar on generative artificial intelligence tools, aimed at enhancing the integration of AI into business operations. The programme, ...

The Cyprus Ports Authority (CPA) has launched a tender for the granting of a licence to use and operate premises at the Old Port of Limassol, with an estimated value ...

Poland’s upgrade of its travel advisory for Cyprus to level 1 marks a positive development for the country’s tourism outlook, according to Deputy Minister of Tourism Kostas Koumis. The ...

Flights from Israel to Cyprus are expected to resume this week week, offering a reprieve to the island’s tourism sector, according to Cyprus Hoteliers Association (Pasyxe) director general Christos ...

Energy is one of the most critical sectors in Cyprus, impacting everyday life, the economy, industry and almost everything else on the island. And yet, it is one of the ...

Events in the Gulf war continue to attract global attention, despite the ongoing preoccupation here in Cyprus with our own Sandy-gate saga. President Trump has maintained a barrage of announcements, ...

There are projects where you need the vision to be explained, and then there are projects where you get it immediately. Neocleous Tower belongs in the second category. From the ...

State Aid Commissioner Stella Michaelidou has approved a state grant to Plug and Play Cyprus Innovation Centre to cover its operational costs, among other expenses. According to an announcement released ...

The Employers and Industrialists Federation (Oev) has outlined key labour developments for 2025 ahead of its annual general assembly later this month. Specifically, the assembly will take place in Nicosia on ...

President Nikos Christodoulides and Finance Minister Makis Keravnos brag frequently about the successful performance and good management of the economy by citing the relatively rapid growth of GDP and the ...

By Pavlos Loizou, CEO Ask Wire  Walk through the centre of Nicosia, Limassol, or Larnaca and the pattern becomes impossible to ignore. Vacant plots sitting idle for decades. Buildings — put ...

As people increasingly turn to artificial intelligence for advice, some US lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability ...

Carmakers and battery companies facing a weak US market for electric vehicles are scrambling to repurpose battery factories to make energy-storage systems to fuel AI’s thirst for power instead. ...

Here are the top business stories in Cyprus from the week starting April 14: Cyprus remains the top global location for hiring in the online trading sector during the second quarter ...

Britain’s economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had feared, ...

Morgan Stanley beat Wall Street expectations for first-quarter profit this week, as ​the investment bank benefited from a surge in dealmaking and raked in record revenue from its equities trading ...

Britain’s financial regulator said this week that it was ‌consulting on how firms might be ​affected by ​the regulation of the ⁠crypto industry which ​is due to ​come into ...

Cyprus recorded an employment rate of 81.3 per cent in 2025, placing it well above the EU average of 76.1 per cent, according to a report from Eurostat released on Friday. The figures ...