Business

Cyprus’ current account balance continued to improve in 2025, although ongoing geopolitical tensions in the Middle East remain a significant risk for the economy’s external position, according to Eurobank research ...

The American Chamber of Commerce in Cyprus (AmCham) has announced that its Digital Transformation and Fintech Committee will host a high-level executive forum on artificial intelligence in Nicosia on May 25. ...

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital ...

The Education, Training and Young Talent Attraction Committee of the Cyprus Employers and Industrialists Federation (Oev) recently met with the management of the Human Resource Development Authority (Anad) to discuss ...

Greek banks reported strong credit expansion in the first quarter of 2026, reinforcing expectations that lending growth will support the country’s economic trajectory, according to published banking results and sector ...

Greek shipowner George Prokopiou has criticised Europe’s energy policy, arguing that political decisions on shipping, natural gas and LNG have left the continent facing higher costs, weaker industry and ...

Britain’s jobs market lost momentum in April after recruiters turned more cautious about hiring as the ​Iran war heightened cost pressures, an industry survey ‌showed on Monday. The monthly ...

Greek lender Eurobank and the Ktistor Group have announced a partnership to support investments in battery energy storage systems (BESS) projects of 1 to 10 MW connected to the distribution network operated ...

Cyta presented three new initiatives in Nicosia on Monday aimed at strengthening digital inclusion and expanding equal access to technology across Cyprus. The presentation took place at Cyta’s headquarters ...

Starting a company used to mean building a team as fast as possible. You needed a developer, a designer, a marketer, and often someone to handle support. That came with ...

The Bank of Cyprus (BoC) on Monday presented its first-quarter 2026 financial results, with chief executive Panicos Nicolaou highlighting the resilience of the Cypriot economy and signalling further strengthening of shareholder ...

In a world where digital payments, mobile apps and instant transactions are becoming the norm, financial literacy is no longer a skill reserved for adulthood. Today’s children are growing ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Monday that it reached a €40,000 settlement with Bridge Global Solution Services Limited over possible breaches related to anti-money laundering legislation and ...

Cyprus’ insurance sector is entering a more demanding period from a position of relative strength, even as global insurance leaders become less confident about short-term growth, according to Constantinos Rossides, ...

The Labour Ministry and the European Labour Authority (ELA) will host an international conference in Larnaca on May 12 to address undeclared work and promote fair labour mobility across Europe. The ...

Cyprus’ total number of state employees reached 55,571 in April 2026, with overall public sector employment recording a marginal year-on-year increase of 0.1 per cent. According to a report from the Cyprus Statistical ...

Cyprus recorded a wider trade deficit in the first quarter of 2026, as imports increased while exports declined compared with the same period last year. Specifically, the trade deficit reached €2.04 billion ...

Celestyal’s safe extraction of two cruise ships from the Persian Gulf was carried out through a carefully staged operation that began with the removal of passengers, continued with the ...

Blackstone announced on Monday that funds managed by its private equity business have reached a definitive agreement to acquire a majority stake in Skroutz, Greece’s largest online shopping platform, ...

The financial sector is being redefined in real time. From digital payments and embedded finance to regulatory transformation and intelligent automation, the way businesses manage and move money is undergoing ...

Cyprus has reached an important juncture as international demand undergoes a fundamental shift from pure investment interest toward relocation, lifestyle, and a long-term presence on the island. Speaking after the ...

The Cyprus Stock Exchange announced on Monday the continued suspension of trading for shares in Mr Pengu Public Company Ltd, which is listed on the Emerging Companies Market. The CSE ...

Demetra Holdings Plc on Monday announced that its board of directors has proposed a total dividend payment of €20,000,000 for the fiscal year ending December 31, 2025. This strategic financial proposal, which follows ...

Chartworld Shipping Company managing director Antonis Faraklas has warned that geopolitical instability has made international shipping increasingly difficult to predict, saying fleet diversification has become a key survival strategy for ...