Business

US Treasury ​Secretary Scott Bessent said on ‌Wednesday that the economy will be slower this quarter amid the ​Iran war, but it ​is in good shape and ⁠will rebound, adding ...

Demetra Holdings Plc on Wednesday announced that it proceeded with the repurchase of more of its own shares, in line with Cyprus Stock Exchange (CSE) regulations and guidance from the ...

The board of directors of Leptos Calypso Hotels Public Ltd will convene on April 30, 2026 to evaluate the final financial results of the firm and establish a timeline for the upcoming ...

The global energy market remains heavily reliant on a small number of maritime chokepoints, with more than 90 per cent of seaborne oil moving through a handful of narrow corridors that ...

The Cyprus Cement Public Company Ltd announced on Wednesday that its board of directors will convene on April 29, 2026 to review the audited financial statements and evaluate the potential for a ...

Association of Cyprus Travel & Tourism Agents (ACTTA) vice president Christos Christou on Wednesday said that tourist arrivals to Cyprus fell by 30 per cent in March due to the war ...

The board of directors of Mitsides Public Company Ltd will meet on April 27, 2026 to evaluate the audited financial statements and address the scheduled retirement of directors. One of the primary ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced its 30th anniversary celebrations, including a landmark conference scheduled for April 29, at the Hilton hotel in Nicosia. In its statement, ...

The Cyprus Securities and Exchange Commission (CySEC) recently organised a series of initiatives to promote financial literacy, in the context of the World Investor Week 2025 awareness campaign. One of these ...

Cyprus’ industrial production declined by 1.6 per cent month-on-month in February 2026, even as the country maintained positive annual growth, according to a report from Eurostat. The latest figures showed that Cyprus ...

The board of directors of K+G Complex Public Company Ltd will meet on April 29, 2026 to evaluate the audited financial statements and consider a potential dividend payment for shareholders. According ...

The International Monetary Fund (IMF) has reported that Cyprus will record real GDP growth of 3.8 per cent in 2025 and 3 per cent in 2026, even as global economic risks intensify due to ...

Ayia Napa mayor Christos Zannetou on Wednesday expressed cautious optimism for tourism in Cyprus, warning that ongoing instability in the Middle East is weighing on bookings and hotel occupancy. Speaking ...

A Limassol-based developer with 33 active projects is raising a €200M opportunistic real-estate fund targeting 25 per cent net IRR. Here’s why the timing is right — and why this team is ...

Publicity surrounding the war in Iran is starting to weigh on tourism in Limassol, with industry figures saying cancellations are rising, hotel occupancy is under pressure, and concern is growing ...

The board of directors of Cypriot beverage maker KEO plc will convene on April 29, 2026 to review the audited financial statements of the group and schedule the next annual general meeting. ...

Eurobank S.A. has announced it successfully priced a €400 million senior preferred bond issuance following strong demand from institutional investors. The bank said the Fixed Rate Senior Preferred Notes due ...

Developments in the Middle East, particularly in the Persian Gulf, are adding fresh uncertainty to the global economy, with volatility making investors and businesses more hesitant to move ahead, economist ...

The European Union Intellectual Property Office (EUIPO) has published a major report examining the use of intellectual property as a source of financing for innovative businesses across Europe. The report, ...

Global PC shipments of desktops, notebooks and workstations rose by 3.2 per cent year-on-year in the first quarter of 2026, reaching 64.8 million units, according to market intelligence firm Omdia. The company reported ...

The Cyprus Presidency of the Council of the EU and the European Parliament reached a provisional agreement on a new regulation aimed at addressing the impact of global steel overcapacity ...

By Yiannis Tsoutsoukis Every year, I watch the same thing happen. An entrepreneur or investor spends months evaluating jurisdictions — Malta, Luxembourg, the Netherlands, Ireland — before finally landing on Cyprus. And ...

The European Banking Authority (EBA) has published a report comparing how banks test the implementation of their recovery plans through so-called dry runs, highlighting significant differences in approach and effectiveness ...

A legal battle over control of two ports at the Panama Canal and the unchallenged passage of a US-sanctioned Chinese-linked tanker through the Strait of Hormuz have thrown shipping deeper ...