Business

Revolut Bank UK Ltd has received approval from the Prudential Regulation Authority (PRA) to launch as a fully licensed bank in the United Kingdom after the regulator lifted restrictions following ...

Limassol district local government organisation (EOA) president Yiannis Tsouloftas on Wednesday visited the DP World facilities at Limassol port, where he was briefed on operations and confirmed that all activities ...

Three commercial vessels were hit in and around the Strait of Hormuz within the space of a few hours on March 11, including a Greek-linked bulk carrier, as renewed attacks sharpened ...

Cyprus has recorded one of the lowest rates of online shopping problems in the European Union, with around 15.68 per cent of consumers reporting issues when buying through websites or apps, ...

The European Parliament this week adopted a sweeping set of recommendations to tackle the European housing crisis, a move welcomed by a Cypriot lawmaker who said the decision sends a ...

Total government employment in Cyprus reached 55,331 persons during February 2026, marking a marginal increase of 35 employees compared to the same month in the previous year, according to the state statistical service (...

Euro area unemployment remains near record lows and is expected to decline further in the coming years, yet wage growth is projected to slow, a trend the European Central Bank (...

Venture capital firm Kinisis Ventures, through KV Fund II, has invested in Autonomics Tech Ltd, a Cyprus-based robotics and automation company developing autonomous industrial cleaning systems and a companion fleet ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday warned that the escalating war crisis in the wider region is already starting to weigh on the Cypriot economy, with ...

Development licensing delays remain a major obstacle to tackling Cyprus’ housing problem, the Property Developers Association said after a meeting with Limassol district governor Yiannis Tsouloftas, arguing that faster permit ...

Capital markets firm Jefferies recently raised its target price for Alpha Bank shares to €4.85 from €4.15 and reiterated its buy recommendation, citing the bank’s strong earnings outlook and attractive shareholder ...

High concentration in banking markets delays the speed at which central bank interest rate changes reach consumers and businesses, according to a study released by the Central Bank of Cyprus (...

The Cyprus Scientific and Technical Chamber (Etek) recently hosted a European workshop titled “Scaling BIM Down: Making BIM work for small firms and small projects”, as part of its efforts ...

International market turbulence is keeping pressure on fuel prices in Cyprus, even as oil eased on Tuesday after surging to its highest level in more than three years a day ...

The European Parliament adopted recommendations on the EU housing crisis on Tuesday, calling for a range of measures aimed at improving access to decent, sustainable and affordable housing across the ...

The Cyprus Chamber of Commerce and Industry (Keve) will organise an information seminar in Nicosia on March 19, focusing on the Carbon Border Adjustment Mechanism (CBAM) and its impact on importers. ...

British consumer spending grew slowly in February as households grew more pessimistic about the outlook for the economy ​with the Middle East conflict raising concerns about a fresh ‌rise in ...

Limassol port operator DP World Limassol recently carried out an initiative aimed at recognising women and supporting members of the local community facing health challenges. According to an announcement from ...

Bank employee union Etyk members at Societe Generale Bank Cyprus on Tuesday approved the renewal of their collective agreement for the 2023–2027 period with 96 per cent support, introducing for the first ...

Saudi Arabia’s oil shipments via the Red Sea are on course to hit record highs in March although they are still far below the levels needed to compensate for ...

Recent technical signals surrounding Dogecoin have hinted at a potential price decline, with the asset still trading 88% below its all-time peak. At the same time, decentralized finance project Mutuum Finance (...

The Institution of Engineering and Technology Cyprus Local Network will host a public roundtable in Nicosia on March 12, examining how artificial intelligence is moving beyond software into machines that interact ...

Paphos is promoting itself in Poland this week as it looks to draw more visitors from one of Cyprus’ fastest-rising tourism markets and deepen its appeal as a year-round destination. ...

Cyprus remained one of the European Union’s most oil-dependent countries in 2024, with 86 per cent of the energy available on the island coming from crude oil and petroleum products, according ...