Business

The push by Europe’s aviation industry for wider voluntary use of biometric technology could offer a more seamless way through airports, including Larnaca and Paphos, as Cyprus seeks to ...

The electronic platform for depositors and bondholders burned in the 2013 bank bail-in will be reactivated over the next few days for people who previously applied but received no reimbursement, while ...

Petrol station owners’ association chairman Christodoulos Christodoulou on Monday warned that prices at the pump will continue to increase this week, with the price of a litre of diesel having ...

Global commodities trader Gunvor has rebranded as Centalion Group and announced plans to move its corporate headquarters from Cyprus to Singapore, marking a significant change for one of the international ...

Allwyn AG purchased 1,019,473 of its own shares on Euronext Athens between September 28, 2026 and October 2, 2026, for a total consideration of €11,633,881.62, the company announced. The transactions were executed as part of an ...

Cyprus’ securities regulator has ordered the suspension of trading in the shares of four companies listed on the Cyprus Stock Exchange (CSE) because they failed to publish required financial reports. ...

Cyprus households are earning relatively little on their bank deposits while facing a renewed rise in mortgage borrowing costs, according to new Central Bank of Cyprus (CBC) data that puts ...

Cyprus’ current account deficit nearly doubled in the second quarter of 2026, while the country’s net external debt position improved, according to provisional data released by the Central Bank of ...

Cyprus and Japan are moving to deepen cooperation across shipping, business, technology and higher education, following talks in Tokyo between Foreign Minister Constantinos Kombos and his Japanese counterpart Toshimitsu Motegi ...

The prospect of a major energy deal involving Russia’s Lukoil could create new strategic opportunities for Cyprus and Greece, while also changing how Washington approaches the war in Ukraine, ...

Cyprus has taken its research and innovation agenda to the global stage, with Chief Scientist Demetris Skourides representing the country at the ministerial roundtable of the 23rd Science and Technology ...

Bernhard Schulte Shipmanagement (BSM) has appointed Andreas Solomonides to lead its integrated ship management operations in Cyprus and Greece from January 1, 2027, bringing BSM Cyprus and BSM Hellas under a single ...

The Research and Innovation Foundation (RIF) on Monday launched a public consultation on Cyprus’ proposed research and innovation funding portfolio for 2028 to 2034, with stakeholders invited to submit their views by ...

Cyprus’ Industrial Turnover Index rose by 5 per cent in July 2026, reaching 168.8 units, as stronger turnover in the local market outweighed a sharp fall in exports, according to figures released on ...

Cyprus’ construction sector continued to expand strongly in June 2026, with 751 building permits authorised during the month, an increase of 18.3 per cent compared with June last year, according to the statistical ...

Technology giants such as Apple, Amazon and Google may pose a greater long-term threat to traditional banks than fintech companies, London Business School professor Costas Markides said, warning that control ...

Alpha Bank S.A. purchased 1,772,090 of its own shares on Euronext Athens between September 28, 2026 and October 2, 2026, for a total consideration of €8,142,149.75, the lender announced on Monday. The transactions were executed ...

A six-week-old tanker managed by Dynacom Tankers Management has been damaged after being struck by an unknown projectile in the Strait of Hormuz, with its engine room hit and the ...

Cypriot investment firm Demetra Holdings Plc bought back 1,507 of its own shares on October 2, 2026, as part of its ongoing share buyback programme, according to an announcement issued on Monday. The ...

The government approved an additional €2 million to ensure that all young people who have expressed interest in entering Cyprus’ primary sector can benefit from a new support scheme, President Nikos ...

Nicosia is seeking to attract more visitors from Greece by promoting its culture, gastronomy, events and surrounding countryside as part of a year-round tourism offering, according to Nicosia regional tourism ...

Eurobank repurchased more than 1.05 million of its own shares between September 28 and October 2 at a total cost of €5.02 million, as part of its ongoing share buyback programme. The bank announced ...

Inheritance is a fundamental institution of succession law, as it governs the transfer of a person’s estate upon death. Under Cyprus law, an estate devolves upon those entitled to ...

Cyprus and India are preparing the next phase of their maritime cooperation, with a business forum planned in Mumbai in November and Shipping Deputy Minister Marina Hadjimanolis expected to travel ...