Business

Unilever is betting that shedding food assets and focusing on beauty, personal care and home products will ​close a valuation gap with more focused rivals. The challenge is convincing investors ...

By Maria Demertzis Six million people voted for their favourite euro design in the first week of the survey launched by the ECB in July. This is a whopping one ...

Cyprus data expert says high-value services can rival software exports Cyprus can become a base for exporting high-value data expertise to technology companies across Europe and the United States as ...

Euro area consumers became slightly more optimistic about inflation and economic growth in July, although the latest European Central Bank (ECB) survey comes as Cyprus continues to face significantly stronger ...

Here are the top business stories in Cyprus from the week starting August 24: Reviving Cyprus’ villages requires more than new infrastructure, with investment in social life, culture and opportunities for ...

Cyprus employers reported 13,905 job vacancies in the first quarter of 2026, but that figure tells jobseekers how many positions businesses say they intend to fill, not whether every advert still appearing ...

The European Union recorded a €21.8 billion trade deficit during the second quarter of 2026, marking the bloc’s first negative balance since the middle of 2023, according to Eurostat. Goods imported from ...

By Maria Demertzis The European Central Bank is redesigning the euro notes and has asked the public to help her choose one of 10 candidate designs, half depicting famous Europeans and ...

Safe Bulkers extended the application deadline for its 2026 – 2027 scholarship programme to September 7, 2026, with ten scholarships worth €10,000 each available to students seeking a career in the maritime industry. The sixth annual ...

British productivity shows signs of sustained recovery after long slump Britain’s economic productivity is starting to show signs of sustained improvement, ​economists have reported, potentially marking the end of ...

Greece’s state budget recorded a €5.77 billion primary surplus in the first seven months of 2026, comfortably exceeding the €4.42 billion target, according to budget execution data released this week. The primary ...

British households owe £6 billion ($8.18 billion) in unpaid energy debt and arrears, industry group ​EnergyUK has reported. Regulator Ofgem is ‌expected to announce this week a 4 per cent increase in its ...

A total of 97,096 commercial flights were recorded at Larnaca and Paphos airports in 2025, according to Eurostat data published on Friday. The majority, 73,226, were recorded at Larnaca airport, while Paphos accounted ...

Egypt’s gas sector is running short of domestic supplies just as Cyprus prepares to become a producer, with the recently approved Kronos project offering benefits to both countries and ...

Cyprus’ industrial production increased by 0.3 per cent year on year in June 2026, according to figures released by the statistical service (Cystat). The overall industrial production index reached 117.6 units, against a ...

Larnaca is advancing heritage projects, digital tourism and accessibility improvements under its 2026 tourism action plan, with proposals ranging from a marine education centre at Pervolia Lighthouse, also known as the ...

President Nikos Christodoulides’ official visit to Kazakhstan has given a fresh boost to economic and business cooperation between the two countries, the presidency said. Christodoulides travelled to Astana in early ...

The Cyprus Shipping Chamber (CSC) has backed the proposed national artificial intelligence (AI) strategy, following a meeting with Chief Scientist for Research, Innovation and Technology Demetris Skourides. During the visit ...

Plans to develop Larnaca port and marina and Vasiliko port, together with the expansion of Latchi port, were discussed during a meeting this week between Transport Minister Evi Tsolaki and ...

Safe Bulkers extended the application deadline for its 2026 – 2027 scholarship programme to September 7, 2026, with ten scholarships worth €10,000 each available to students seeking a career in the maritime industry. The sixth annual ...

George Pantelides leaves Deloitte after more than 20 years to become chief executive of Hellenic Healthcare Group (HHG) on January 1, 2027, taking charge of the private healthcare provider with operations in Cyprus ...

The share of workers using artificial intelligence on the job has doubled in two years, reaching 52 per cent in 2026, while users report saving a median of three hours a week, ...

A master plan formally submitted under the name “Fasouri School”, and described in accompanying technical documents as the “Fasouri Academy and Sports Hub”, is being examined by the authorities for ...

Satellite internet of things (IoT) connections are forecast to surge from 7.7 million in 2023 to 197.7 million by 2035, according to new research by Omdia, as businesses increasingly turn to satellite networks for ...