Business

British inflation fell to its lowest since March last year, according to official data that added to expectations of an interest rate cut soon by the Bank of England, even ...

The Bank of Cyprus (BoC) on Wednesday released its financial results for 2025, reporting a profit after tax of €481 million and increased lending activity. Specifically, the bank achieved record new lending ...

Whenever websites deliver major announcements, ticket drops, or breaking news, they often struggle to handle the sudden surge in traffic. Pages stall, transactions fail, and operations teams race to determine ...

The Central Bank of Cyprus (CBC) on Wednesday released the investment funds statistics for December 2025, showing a marginal rise in total assets despite a slight decline in the number of ...

Demetra Holdings Plc on Wednesday announced that it completed a buyback of its own shares on February 17, as part of its ongoing capital management strategy. The company informed the investing ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that KPMG International is conducting the Global Family Business Survey 2026, calling on Cypriot family-owned enterprises to take part. The chamber ...

The interior ministry unveiled a comprehensive update to the government’s housing policy on Wednesday including a new plan to construct student accommodation and revisions to existing schemes aimed at ...

Cyprus is close to the EU average in how often young people work in jobs related to what they studied, pointing to a persistent skills mismatch across European labour markets, ...

Air traffic at Larnaca and Paphos airports rose 16 per cent in the November-January winter period compared with the corresponding months of the previous year, according to Hermes Airports’ Director of ...

Shipping is entering a demanding phase shaped by geopolitics, environmental regulation and uncertainty over future fuels, shipowners said at the 9th Annual Capital Link Cyprus Shipping Forum in Limassol. In ...

The Central Bank of Cyprus (CBC) on Wednesday announced that the country’s banking sector non-performing loans ratio fell below the European Union average for the first time since 2014, according ...

In an event that marks a new, dynamic era for the Esso gas station network, the management of Petrolina (Holdings) Public Limited and its subsidiary, eWise Cyprus Ltd, discussed their ...

Cypriot business conglomerate Laiko Group will proceed with a corporate restructuring that will dissolve Laiko Holdings Public Ltd and absorb it into Laiko Kafekopteio Public Ltd, according to the restructuring ...

The European Central Bank and the European Systemic Risk Board have published a joint report warning that growing links between banks and the non-bank financial intermediation sector create vulnerabilities that ...

Cyprus’ Real Estate Development Association pledged support for efforts to promote affordable housing at EU level during a meeting this week with Interior Minister Constantinos Ioannou. According to the association’...

Global investors are increasingly worried that companies are overinvesting, just as market sentiment remains “uber bullish” and further asset gains look harder to achieve, Bank of America’s monthly fund ...

CSM Energy announced the successful delivery and takeover of the management of a newbuild Platform Supply Vessel (PSV), marking a significant milestone in the company’s fleet expansion programme. The ...

Across the crypto market, attention is slowly shifting away from assets that merely hold value toward those that actively generate it. While established tokens trade sideways, a growing number of ...

The Economic and Financial Affairs Council (Ecofin), which convened under the Cyprus Presidency on Tuesday, has agreed on a €90 billion loan package for Ukraine to cover the country’s financing ...

Demetra Holdings Plc has announced that on February 16, 2026, it repurchased 6,100 of its own shares through the Cyprus Investment & Securities Corporation Ltd (CISCO). The buyback follows the authorisation provided at ...

Cyprus has significantly increased the number of licensed hotels, with the share rising to around 45 per cent from just 5-6 per cent in 2023, Deputy Minister of Tourism Kostas Koumis told ...

Wizz Air on Tuesday announced that it will host an online open day for the Wizz Air Pilot Academy in Larnaca tomorrow, following strong interest recorded at its most recent ...

Cyprus has outlined a broader push to digitalise public administration in 2026 after expanding online services last year, aiming to simplify procedures for citizens and businesses and move state operations onto ...

Cyprus recorded broad-based economic growth in 2025, with strong gains in tourism, construction, trade and manufacturing, according to a report by the Cyprus Statistical Service (Cystat). According to the figures, manufacturing ...