Business

Hotel operators were awaiting details on Thursday of a government wage-subsidy scheme, with the industry looking to the labour ministry for a plan due to be announced on April 2 as ...

As Cyprus strengthens its position as a regional hub for innovation and sustainability, companies working on real industrial solutions are becoming increasingly important to the island’s future. Among them ...

Cyprus brought 95 students from lyceums and technical schools in Limassol and Paphos closer to the shipping industry on Tuesday, as the Deputy Ministry of Shipping held the educational day ‘Getting ...

By Dr Andreas Procopiou Former Senior Research Fellow in Smart Grids at the University of Melbourne and Research Engineer at the Électricité de France R&D  In public discussions ...

Eurostat on Tuesday announced that annual inflation in Cyprus is estimated to have risen to 1.5 per cent in March 2026, reflecting an increase compared to previous months. Speaking to the broader ...

The House finance committee has examined significant legal and substantive changes to a proposed law concerning the financial commissioner and procedures for complaints and foreclosures, with the binding nature of ...

The Tax Department has announced the implementation of a zero VAT rate on specific categories of meat and fish, following a decision by the Cabinet. The department stated that the ...

The Paphos regional tourism board (Etap) has announced that it is participating as a partner in the European Erasmus+ programme I-DEMO, aimed at strengthening the district’s position as a ...

The Bank of Cyprus Holdings Public Limited Company on Tuesday announced that its total issued share capital stood at 435,772,799 ordinary shares. Each of these shares carries a nominal value of €0.10 ...

The Cyprus Stock Exchange (CSE) on Tuesday announced the listing of 62,794,749 additional ordinary shares of Globalwealth Group Plc on its Emerging Companies Market. The shares, each with a nominal value ...

Logicom Public Ltd on Tuesday announced that it expects a slight decrease in turnover during the first quarter of 2026, compared with the corresponding period of 2025. The company stated that this ...

Authorities are closely monitoring developments in the tourism sector and remain cautiously optimistic despite recent disruptions linked to the Middle East crisis, government spokesman Konstantinos Letymbiotis said on Tuesday. Responding ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) on Tuesday announced the appointment of Andreas Papadatos as its new general manager. “His appointment, effective from May 1, 2026, marks the beginning ...

Artificial intelligence and automation are moving beyond isolated process improvements and becoming part of a broader business transformation strategy, with Intellar co-founder Antonis Grecos arguing that organisations are increasingly looking ...

Public funding, new research centres and a growing venture capital scene have changed the landscape of the Cyprus startup and innovation scene. Startups are gaining visibility abroad. International investors are ...

Skills shortages have overtaken cyber risks and economic volatility as the primary concern for business leaders in Cyprus, according to the 15th Annual PwC Cyprus CEO Survey. The survey gathered ...

Cyprus recorded average hourly labour costs of €21.7 during the 2025 financial year, according to a report released on Tuesday by Eurostat. The figure places Cyprus significantly below the European Union average ...

Eurostat on Tuesday announced that annual inflation in Cyprus is estimated to have risen to 1.5 per cent in March 2026, reflecting an increase compared to previous months. Speaking to the broader ...

Demetra Holdings Plc announced that it has successfully repurchased 7,500 of its own shares as part of a strategic share buyback programme. The transaction was carried out during the trading session ...

Cosmos Insurance Public Company Limited on Tuesday announced that it will convene its annual general meeting for shareholders on May 14, 2026, at its head offices in Nicosia. The meeting is scheduled ...

The Cyprus Statistical Service (Cystat) on Tuesday announced that the Index of Industrial Output Prices for February 2026 reached 122.9 units, recording both monthly and annual increases. The service reported that the ...

Cyprus is facing a challenging tourism season as the conflict with Iran has eroded the island’s safety image abroad, according to Charis Papacharalambous, president of the Association of Cyprus ...

The Bank of Cyprus (BoC) on Tuesday announced that its board of directors has approved the annual financial report for the year ended December 31, 2025, including the audited consolidated financial statements ...

The Bank of Cyprus (BoC) on Tuesday announced that students in Limassol recently participated in a cybersecurity initiative under its “The Young Ask and Provide Solutions” programme, focusing on threats ...