Business

Cyprus recorded a current account deficit of €0.8 billion in the fourth quarter of 2025, according to Eurostat, reflecting a deterioration compared with the previous quarter. Figures released this week showed that ...

Industrial producer prices in Cyprus increased in February 2026, even as prices declined across the European Union and the euro area, according to Eurostat. Specifically, the figures showed that industrial producer ...

Employment in the EU environmental economy rose to 5.8 million full-time equivalents in 2023, marking sustained expansion across green sectors, according to Eurostat. The statistical office reported this week that employment increased ...

The Cyprus Chamber of Commerce and Industry’s (Keve) tourism committee on Thursday warned that Cyprus’ tourism sector is at a critical juncture, calling for immediate state intervention to prevent ...

Britain’s financial regulator must amend rules governing how investment-risk warnings are presented or retail investors will continue to shun ​stocks and shares, the country’s investment industry said in ...

Egypt has agreed to buy all the output of the Aphrodite gas reservoir in Cyprus’ exclusive economic zone once the field starts production, international media reported on Thursday. According to ...

British Airways (ICAG.L) said on Thursday it will cut ​flights to the Middle East when services ‌resume, permanently drop Jeddah as a destination, while adding capacity to India and ...

IMR/University of Nicosia, with extensive expertise in research development within the real-estate sector, conducted a new comparative analysis highlighting the role and importance of online property listing platforms in ...

The Cyprus Statistical Service (Cystat) on Thursday reported that tourism revenue in Cyprus recorded a 7.8 per cent annual increase in January 2026, reflecting the positive momentum seen before the impact of ...

European Union banks’ direct exposure to the Middle East remains limited, with risks from the conflict more likely to emerge through indirect channels such as inflation, tighter financial conditions and ...

Cyprus recorded a wider trade deficit in the first two months of 2026, as a sharp drop in exports outpaced a decline in imports, according to foreign trade figures released by ...

The temporary truce in the Middle East and the agreement on safe passage through the Strait of Hormuz have brought some relief to hundreds of seafarers stranded in the region, ...

The Central Bank of Cyprus (CBC) on Thursday reported that total loan balances held by credit-acquiring companies reached €19.35 billion at the end of 2025, with the vast majority classified as non-performing. ...

The Cyprus Chamber of Commerce and Industry’s (Keve) tourism committee on Thursday warned that Cyprus’ tourism sector is at a critical juncture, calling for immediate state intervention to prevent ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced that its secretary general Philokypros Roussounides participated in a high-level roundtable discussion in Brussels, focused on the multilateral trading ...

Alpha Bank Cyprus took part as a platinum sponsor of the 16th Nicosia Economic Congress, reaffirming its active role in supporting economic dialogue in Cyprus. The event was held on ...

A law requiring compensation for surplus electricity generated by photovoltaic systems has been referred back to parliament on Thursday by President Nikos Christodoulides. The decision was taken following the law’...

Energy Minister Michael Damianos on Thursday said the Eastern Mediterranean can play “a leading role in addressing the climate crisis and shaping the new energy landscape in the region”. The ...

The Cyprus economy continued to demonstrate resilience in March despite a more challenging external environment shaped by regional instability, according to Kostantino Vrachimis, manager of economic research at Eurobank. In ...

Greek retail chain Jumbo’s sales at its Cyprus stores rose by 4 per cent in both March and the first quarter of 2026, even as the group warned that prolonged instability ...

The Cyprus International Businesses Association (CIBA) and Invest Cyprus (CIPA) have signed a memorandum of understanding aimed at strengthening Cyprus’ position as an international business and investment centre, according to ...

A temporary ceasefire in the Middle East has offered only limited relief to global shipping and oil markets, with analysts warning that the Strait of Hormuz remains open under restrictions ...

Retail trade volumes in February 2026 showed a mixed picture across Europe, with Eurostat reporting a monthly decline in both the euro area and the EU, while Cyprus recorded a robust ...

Digital banking in Cyprus appears to have evolved from an optional service into a fundamental tool for everyday management of citizens’ finances. This is reflected in the Bank of Cyprus’ ...