Business

Net new loans in Cyprus recorded a significant increase in June 2025, reaching €642.8 million compared to €297.8 million in May, according to data published this week by the Central Bank of Cyprus (...

The Bank of Cyprus on Friday confirmed that its total issued share capital stood at 435,686,031 ordinary shares as of July 31, 2025, each with a nominal value of €0.10. In a filing to ...

Mercedes is integrating Microsoft’s latest digital tools into its vehicles, starting with the new CLA, allowing customers to work more efficiently while on the move. According to the announcement, ...

A new monthly publication by Hermes Airports, Flight Mode, sheds light on how airlines decide to launch new routes, underlining that behind every added destination lies a complex, data-driven strategy ...

Safe Bulkers, the Limassol-based shipowner listed in New York Stock Exchange, squeezed out a profit in Q2, 2025 despite surging costs, weaker rates and geopolitical instability, with six newbuilds underway and ...

“Luxury is about space, privacy and authenticity” Few destinations embody the quiet elegance and natural beauty of the Mediterranean quite like Anassa, one of Cyprus’ most iconic luxury resorts.  Nestled ...

Interest rates on consumer and housing loans in Cyprus recorded a fresh increase in June 2025, according to figures released this week by the Central Bank of Cyprus (CBC). In contrast, ...

Cyprus has signed the second tranche of a €200 million loan agreement with the European Investment Bank (EIB), unlocking an additional €100 million to support road infrastructure and sustainable transport projects across ...

Public Group recorded a strong improvement in its financial performance in 2024, with consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) reaching €22.9 million. This represents an increase of 85.5 per cent ...

The Producer Price Index in Industry for June 2025 remained unchanged, reaching 123.1 points, based on 2021 as the index year, compared to the same month last year. However, the Cyprus Statistical Service ...

The Institute of Certified Public Accountants of Cyprus (Selk) this week announced the signing of a memorandum of understanding (MoU) with the Cyprus International Businesses Association (CIBA). Selk said the ...

Back in 2017, Bitcoin (BTC) was still viewed as a risky experiment by many investors. Then came the historic rally—fueled not just by speculation, but by a powerful shift in ...

Cardano (ADA) was once a beacon of hope for decentralized finance. But as the broader market questions its slow development pace and drops another 6%, many investors are losing confidence in ...

A U.S. appeals court on Thursday will review President Donald Trump’s power to impose tariffs, after a lower court said he exceeded his authority with sweeping levies on ...

The crypto world has seen countless tokens make overnight headlines, but very few sustain their momentum beyond hype. Now, with the market shifting from speculative meme tokens to utility-driven protocols, ...

A new online platform has been launched in Cyprus to help the public report fires in real time, following the devastating wildfires that swept across the island on July 23. The ...

The Central Bank of Cyprus (CBC) on Thursday published its latest quarterly financial accounts for the quarter ending March 2025, showing continued growth in financial assets, a reduction in household and ...

When Dame Alison Rose assumed leadership of NatWest Group in 2019, the bank faced a perfect storm of challenges that would test even the most experienced executives. What followed under her ...

The Cyprus Stock Exchange (CSE) on Thursday announced the continuation of the suspension of trading for the shares of Toxotis Investments Public Ltd, A. Tsokkos Hotels Public Ltd, and Dome ...

Cypriot shipping company Safe Bulkers, led by Polys Hajioannou (CEO), will fully fund and carry out the reconstruction of two churches destroyed by the wildfires that devastated mountainous areas of ...

Cyprus has signed the second tranche of a €200 million loan agreement with the European Investment Bank (EIB), unlocking an additional €100 million to support road infrastructure and sustainable transport projects across ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday reported that the total assets under management (AUM) of Collective Investments in Cyprus reached €10.7 billion during the first quarter of 2025. According ...

Seasonally adjusted gross domestic product (GDP) in the euro area increased by 0.1 per cent during the second quarter of 2025, compared with the previous quarter, according to a preliminary flash estimate ...

Seasonally adjusted unemployment rate in Cyprus stood at 3.8 per cent in June of this year, stable compared to May, and down from 4.9 per cent in June 2024 according to Eurostat, the ...