Business

The European Commission submitted proposals to the European Council on Monday for the signing and conclusion of the Comprehensive Economic Partnership Agreement (CEPA) and the Investment Protection Agreement (IPA) between ...

British companies expectations for growth in the coming quarter fell this month to their ​lowest level this year, according to a ‌survey released this week that added to a run ...

Bank of England Chief Economist Huw Pill said on Monday that the central bank’s shift in communications to focus on multiple ​scenarios rather than a single forecast makes it ...

Budget airline Wizz Air on Monday highlighted the key findings of its financial year 2026 sustainability report, saying its efficiency-driven operating model enabled the airline to achieve its lowest-ever carbon emissions ...

Fresh fighting in the Middle East has slowed the return of shipping through the Strait of Hormuz to normal levels, keeping war-risk premiums elevated and delaying the full recovery of ...

Strong tourism performance of 2025 makes for difficult comparisons, says government Cyprus’ tourism revenue fell significantly in April 2026, when compared to the year before, according to figures released by the statistical ...

The annual growth rate of the broad monetary aggregate M3 rose to 3.2 per cent in May 2026, up from 2.7 per cent in April, according to a report from the European Central ...

The Central Bank of Cyprus (CBC) announced on Monday that it has decided to maintain the countercyclical capital buffer rate at 1.5 per cent. The CBC determined that the current level ...

The European Union is moving to create a new financing framework that could channel public and private money into cleaner ships, smarter ports and maritime technology, as Brussels seeks to ...

Cyprus’ banking sector recorded higher deposits and stronger lending in May 2026, according to figures by the Central Bank of Cyprus (CBC) covering deposits and loans at monetary financial institutions. Total ...

If, a year ago, someone had told me: “You can earn daily passive income without having to constantly monitor the trading market“ I definitely won’t believe it. In my ...

Cyprus recorded 63 occupations with labour shortages and 11 with labour surpluses in 2024, according to the EURES Labour Shortages and Surpluses Report 2025, which persistent gaps across the technology, tourism and healthcare sectors. ...

Cyprus’ Industrial Production Index rose by 1.4 per cent in April 2026, reaching 113.4 units, according to figures released by the statistical service (Cystat). For the first four months of the year, the ...

Cyprus’ tourism revenue fell by 35.1 per cent year-on-year in April 2026, reaching €197.5 million, according to a report from the statistical service (Cystat).  This compares with €304.2m in April 2025, marking another weak ...

Invel Real Estate announced on Monday that it closed its Eudora Fund 2 at more than €400 million, surpassing its initial target of €300 million and signalling strong investor demand for its Southern ...

Eurobank announced on Monday that it successfully repurchased 2,977,805 of its own shares during the period between June 22, 2026, and June 26, 2026. These transactions were conducted on the Euronext Athens stock exchange as ...

By Stephania Constantinou Cyprus was the main theme of an event that took place at the National University of Singapore (NUS) on June 22, organised by the High Commissioner of Cyprus ...

The Bank of Cyprus Holdings Public Limited Company announced on Monday that its board of directors will meet on August 03, 2026, to review the financial results for the six months ended ...

Strengthening the competitiveness of the Cyprus flag and the wider maritime sector remains a key priority for the government, according to Shipping Deputy Minister Marina Hadjimanolis, during a time when ...

Space solutions firm SES and Cyprus-based connectivity provider Tototheo Global have announced the expansion of their long-standing collaboration through a new multi-year agreement to deploy SES FlexMaritime services across global ...

Hotel occupancy in Paphos has fallen sharply compared with last year, with the city and district seeing rates around 20 per cent lower than the corresponding period of 2025, according to hoteliers ...

Interior Minister Constantinos Ioannou is in Luxembourg today to chair a meeting of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) in its housing configuration, as part of ...

Supervisory activities conducted by the Single Supervisory Mechanism (SSM) have proven effective in strengthening the management of risks related to commercial real estate portfolios within large euro area banks. A ...

The Cyprus Marine Club drew its largest audience to date, welcoming around 200 members and guests to a landmark gathering that brought together the island’s maritime community for an evening ...