Business

By Nektarios Michail and Kyriacos Lambrias Since the outbreak of the war between US and Iran and the subsequent intermittent closure of the strait of Hormuz, ship crossings have been ...

The euro area reported a trade in goods deficit of €1 bn in April 2026, marking a significant reversal from the surplus of €8.7 bn recorded in April 2025, according to the latest figures ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced a June initiative inviting agri-food and agri-tech stakeholders to join the European NEXTCHAIN matchmaking platform, aimed at fostering innovation and ...

Lifeguard shortages continue to affect Cyprus’ beaches, with the most acute staffing gaps reported in Limassol and Paphos, the interior ministry said on Friday. Speaking to the Cyprus News Agency (...

Non-profit organisation Cyprus Seeds successfully concluded its participation in the Doers Summit 2026 in Limassol last month, where it reinforced its position as the island’s only scientific innovation catalyst by ...

Taxi drivers have voiced concern over the impact of declining tourism on the sector, warning that support measures may be needed if current conditions persist, they reported on Friday. The ...

The European Central Bank (ECB) released its consolidated banking data on Friday, revealing that total assets held by EU-headquartered credit institutions rose by 1.6 per cent to reach €33.50 trillion by the ...

The preliminary agreement between the United States and Iran is expected to lead to further reductions in fuel prices, the energy ministry said on Monday. “There was a de-escalation in ...

The Central Bank of Cyprus (CBC) on Friday revised down its forecasts for economic growth in 2026 and 2027, citing the continuing war in the Middle East and warning that risks remain ...

With Bitcoin down roughly 45% from its October 2025 highs, SaintQuant describes how market-neutral, AI-driven strategies are designed to pursue stable returns regardless of price direction. CAIRNS, Queensland — June 18, 2026 — The cryptocurrency market ...

Strait of Hormuz traffic rises, but security risks continue to slow full return to normality  Ships have begun leaving the Persian Gulf after the US and Iran agreed to ease ...

For much of the past decade, digital payments were discussed primarily in terms of convenience – faster checkout, simpler transfers, less paperwork. That framing is now outdated. Digital payments have become ...

Strovolos and the wider Nicosia area are set to be promoted as a model accessible sports and tourism destination through the implementation of the European project SPORTS4ALL. The 24-month ...

‘Europe needs ecosystems, not just capital’ Europe’s long-term competitiveness will depend less on the amount of money available to startups and more on the strength of the ecosystems supporting ...

The Cyprus Securities and Exchange Commission (CySEC) has warned investors about a number of websites that are not operated by entities authorised to provide investment services or carry out investment ...

The Cyprus Stock Exchange (CSE) announced on Friday that it has extended the suspension of trading for shares of four companies listed on its Emerging Companies Market for an additional ...

Logicom Public Ltd reported a sharp drop in profit attributable to shareholders for the first quarter of 2026, falling by 55.2 per cent to €10.7m, compared with €23.9m in the same period ...

The European Central Bank (ECB) released its updated wage tracker this week, indicating that negotiated wage pressures remain stable as the year progresses. Data covering agreements signed up to the ...

Ellinas Finance Public Company Ltd shareholders approved a dividend of 1.75 cents per share, representing 3.9 per cent of the nominal value of €0.45, during the company’s annual general meeting held on ...

Petrolina (Holdings) Public Ltd shareholders approved a final dividend of 5.8 per cent, or 2.0 cents per share, during the company’s annual general meeting held on Thursday. The dividend payout is ...

Institute of Certified Public Accountants of Cyprus (Selk) president Odysseas Christodoulou will continue to lead the organisation following the completion of the statutory proceedings of the association’s 65th Annual ...

The Cyprus Shipping Chamber’s (CSC) ‘Adopt a Ship’ programme marked its 20th anniversary this year, with teachers, schools and shipping companies recognised for their role in one of Cyprus’ ...

Safe Bulkers reported a sharp rise in first-quarter profit, supported by stronger dry bulk market conditions, higher charter revenues and lower vessel operating costs, while the company also raised its ...

The question is no longer whether Cyprus needs a long-term energy plan. The question is what such a plan should include. A successful energy strategy must provide a coherent framework ...