Business

Alpha Finance-AXIA has raised its price target for Bank of Cyprus (BoC) to €12.30 from €11.60, citing strong profitability, a solid capital position and shareholder returns as it lifted its targets across ...

K. Kythreotis Holdings Public Ltd reported higher revenue in the first half of 2026, but profits fell sharply as rising raw-material and fuel costs weighed on its quarrying and ready-mixed concrete ...

Logicom has appointed long-serving executive Anthoulis Papachristoforou as its new chief executive, handing him responsibility for the group’s day-to-day technology operations as Varnavas Irinarchos shifts his focus towards strategy, ...

Ship traffic through the Strait of Hormuz fell to just nine vessels this week, as Cyprus joined dozens of countries in calling for the restoration of free navigation through one ...

Greek retail group Jumbo recorded net profit of €120.6 million in the first half of 2026, up 2.92 per cent year-on-year, while sales rose by 4.42 per cent to €519.26 million, as the company kept ...

Cyprus recorded the third-highest share of dangerous goods in road freight transport in the EU in 2025, with such cargo accounting for 7.5 per cent of total tonne-kilometres, according to Eurostat. The ...

Cyprus’ research and innovation ecosystem has reached the point where it must build scale, attract more private investment and talent, and turn research into greater commercial value, according to Research ...

The sculpture “Cyprus’ journey through the ages”, created by acclaimed Cypriot sculptor Philippos Yiapanis, was unveiled on Saturday, September 19, on the Protaras coastal promenade in the Xistaria area. The artwork, ...

With the central message “Believe – Dare – Succeed”, ERB Cyprialife held its second annual Sales Force Training Day, reaffirming its commitment to continuous training and to strengthening the culture of excellence ...

Swedish fashion retailer H&M is driving ​changes to improve efficiency and react more quickly to fashion trends, its CEO said on Thursday, after the company reported a ‌slowdown ...

Mark Zuckerberg took repeated digs at Apple during Meta’s annual event on Wednesday, only to borrow a page from Steve Jobs’ playbook for ‌a surprise reveal: a pocket-watch-sized device ...

Although the Cypriot economy has proved resilient to external shocks, posting positive growth numbers and low unemployment, it remains vulnerable to latent blind spots, the Fiscal Council said on Thursday. ...

Cyprus is stepping up investment in mountain and rural tourism, Deputy Tourism Minister Kostas Koumis said in Agros on Thursday, as the government seeks to draw more visitors inland, support ...

Dentsply Sirona spent the past few years in repair, and in the second quarter of 2026 the dental-equipment maker showed the work is starting to pay off, swinging back to a ...

Cyprus remains among the EU economies most dependent on sea transport, with 98.6 per cent of imports and 97.2 per cent of exports by weight moving by sea in 2024, as shipping continues ...

Rising electricity and fuel costs are putting increasing pressure on household finances and could leave previously reliable borrowers struggling to meet their loan repayments, the Cyprus Borrowers Protection Association (Syprodat) ...

Cyprus house prices rose 8.5 per cent year on year in the second quarter of 2026, with demand from foreign and domestic buyers continuing to support the market, according to the Central ...

Sales of locally produced industrial goods in Cyprus rose by 3.7 per cent to €4.77 billion, with halloumi, bakery products and pharmaceuticals among the largest categories, according to statistical service (Cystat) figures ...

The housing debate in Cyprus is too one-sided. It is invariably about how many people are looking for a home, how much rents have risen and how difficult it has ...

Limassol is heading west this October as Cyberness brings a two-day market inspired by the spirit, colour and character of the Wild West to Kolla. Taking place on October 3 and 4, ...

Cyprus’ research and innovation ecosystem has reached the point where it must build scale, attract more private investment and talent, and turn research into greater commercial value, according to Research ...

Cyprus continues to command strong investor confidence, with 83 per cent of international investors surveyed by EY rating the island attractive for foreign direct investment, even as energy costs, access to ...

Cyprus is seeking to position itself as a stable European base for international financial services, as Invest Cyprus stepped up its pitch to investors, wealth managers and family offices at ...

Cyprus and Malta are looking to deepen commercial ties and create new opportunities for joint investment, with companies from the two countries meeting to explore cooperation across technology, financial services, ...