Business

Cyprus’ banking system continued to show exceptionally high liquidity in October 2025, with deposits exceeding loans by €30.8 billion, the highest level since comparable records began in 2007. The latest figures from the ...

Revenue from tourism in Cyprus reached €499.9 million in September 2025, according to figures released by the Cyprus Statistical Service (Cystat) on Monday. This reflected a 10.1 per cent increase compared with €454.1m ...

EU member states and the European Parliament have reached a political agreement on new rules aimed at better protecting consumers from online fraud, unexpected charges and data misuse, parliament said ...

Cyprus students were among those completing the latest cohort of The League of Analysts, an international investment training programme run by Zubr Capital, which concluded its seven-month cycle in Poland ...

The International Maritime Organisation (IMO) has confirmed the composition of its next 40-member Council, electing countries across three categories that reflect their contribution to global shipping, trade and maritime governance. ...

Safe Bulkers, the Limassol-linked dry-bulk shipowner listed on the New York Stock Exchange, delivered a profit in the third quarter of 2025 despite softer rates, lower scrubber earnings and ongoing geopolitical ...

Italian luxury group Armani said on Friday it had appointed a new eight-member board, keeping three seats for representatives of the family and bringing in veteran industry executives Marco Bizzarri ...

Oil prices are projected to remain under pressure in 2026, as swelling supplies eclipse modest demand growth, while geopolitical risks could cap deeper losses, a Reuters poll showed on Friday. The ...

Britain’s car production fell 23.8 per cent to 59,010 units in October as the sector continued to feel the impact of an unprecedented cyberattack at Jaguar Land Rover, the country’s ...

Sterling was heading for its best weekly performance in over three months on Friday, in a sign of relief among investors after British finance minister Rachel Reeves revealed her long-awaited ...

Foreign investment in Cyprus banks confirms global confidence in the island’s banking system and, by extension, in the dynamics and stability of the Cypriot economy, governor of the Central ...

Here are the top business stories in Cyprus from the week starting November 24: For many, the word ‘forex‘ evokes images seen on social media: luxury cars, quick fortunes, and charismatic ...

Logicom Public Ltd reported a significant increase in profit attributable to shareholders for the first nine months of 2025, rising by 25.8 per cent to €32,069,630 compared with €25,497,710 a year earlier, according to ...

Euro zone inflation remains on a benign path, a raft of data indicated on Friday, supporting economists’ bets that it will hold around target for years to come and no ...

Germany’s Lufthansa wants to increase profitability at its core brand next year after it is set to return to the black this year, Lufthansa Airlines’ CEO Jens Ritter said ...

EU antitrust regulators will examine whether Apple’s Apple Ads and Apple Maps should be subject to the onerous requirements of the bloc’s digital rules after both services hit ...

President Nikos Christodoulides on Saturday outlined a series of government actions aimed at supporting the construction sector and strengthening the wider economy. Speaking at the annual general assembly of the ...

Cyprus will showcase its shipping capabilities at this year’s Marintec China, one of the world’s largest maritime exhibitions, taking place from December 2 until 5, in Shanghai. Held every two ...

By Ioannis Tirkides It is widely acknowledged by diplomatic observers and historians alike that the Conference on Cyprus held in Crans-Montana in July 2017 represented the high-water mark, the closest the ...

The International Air Transport Association (IATA) has warned that the European Parliament’s proposed overhaul of EU261 risks moving the bloc’s passenger-rights rules in the wrong direction, arguing that ...

A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, the Financial Times reported on Friday, ...

The Foreign Exchange (Forex) market is a critical pillar of global finance, but its accessibility to retail investors has created a confusing landscape. For many Cypriots seeking to understand online ...

Alphabet’s Google on Friday dropped its EU antitrust complaint about rival Microsoft’s cloud computing practices, a week after EU regulators launched an investigation to see if Microsoft should ...

Black Friday, the post-Thanksgiving shopping frenzy that attracts throngs of bargain hunters to stores, faces a paradox this year: record crowds are expected, but consumers’ appetite to spend has dropped ...