Business

Trade union Sek has warned that policy failures and lack of strategic planning continue to impose a heavy burden on society, particularly amid rising energy costs. The organisation stressed that ...

Low-cost carrier Wizz Air on Thursday announced the expansion of its route portfolio in Larnaca, introducing new connections to Athens and Madrid alongside increased frequencies on existing routes. The airline ...

Cyprus and Greece underlined their shared potential to capitalise on new regional opportunities during a business presentations summit held in Athens focusing on Cyprus’ updated tax framework. The central message ...

Cyprus’ ship management sector remained a key source of stability for the economy in the second half of 2025, with revenues reaching €1 billion and accounting for 5.4 per cent of GDP, according ...

Lordos Hotels (Holdings) Public Ltd on Thursday announced that its board of directors approved the annual report for 2025 and set the date for the company’s annual general meeting (AGM). ...

The Bank of Cyprus (BoC) on Thursday announced a major shareholding notification, following a disposal of voting rights by American investment firm Eaton Vance Management. The Standard Form TR-1 notification, ...

By Alexandros Neofytou Whenever a new legislation is introduced, it is easy to assume that everything in business will suddenly change. In Cyprus, the first months of this year have ...

Tour operator Tui cut its operating profit guidance and withdrew its revenue forecast this week, saying the war in Iran had clouded demand and hit bookings to parts of the ...

Cyprus has used two transport events in Limassol to press its case for a stronger voice in European maritime policy, with the Cyprus Ports Authority (CPA) saying the meetings reflected ...

Paralimni-Deryneia mayor Giorgos Nikolettos met tourist agents from Serbia as the municipality stepped up efforts to strengthen its tourism promotion abroad, according to a municipal announcement.  During the meeting, the ...

 the Iranian side were under way, while the Greek coast guard said it could not immediately confirm the seizure when the first reports emerged.   The MSC Francesca was also seized, ...

Property disputes between former spouses do not always end with the issuance of a consent judgment. Reaching an agreement is not the only demanding stage; its enforcement is equally challenging. ...

The green transition is the most sustainable solution for Cyprus’ economic and overall security, amid growing instability in the Middle East, according to University of Cyprus economics professor Marios Zachariades. “...

Cyprus’ public finances remained healthy in 2025, with the state recording a budget surplus of €1.24 billion, according to preliminary fiscal results released on Wednesday by the Cyprus Statistical Service (Cystat). The ...

Cyprus-based IT distributor Asbis announced this week that its estimated consolidated revenues for March 2026 reached approximately $462 million, according to a statement by the company’s board of directors. The company ...

Asia-Pacific AI spending set to reach $370bn by 2029 International Data Corporation (IDC) projected that artificial intelligence and generative AI spending in Asia-Pacific will rise from 73 billion dollars in 2024 to 370 billion ...

Cyprus successfully concluded its participation in the Foodex Japan 2026 exhibition, held from March 10 to March 13, 2026 at the Tokyo Big Sight exhibition centre in Japan. According to an announcement released on ...

Europe’s largest tour operator TUI cut its underlying operating profit forecast and suspended its revenue guidance, citing uncertainty caused by the Iran war, prompting its shares to fall by 2.6% ...

The Euro-Mediterranean CSO Conference 2026 will take place at the University of Nicosia on April 23-24, bringing together civil society organisations, European Union bodies, academics, international organisations and young people. The ...

Deputy Shipping Minister Marina Hadjimanolis on Wednesday held a meeting with representatives of the Flight Safety Foundation, underscoring Cyprus’ efforts to forge closer links between the maritime and aviation sectors. ...

The Central Bank of Cyprus (CBC) on Wednesday announced that all banks will remain closed on May 1, 2026 in observance of Labour Day. The announcement confirmed that the closure applies to ...

Investment company Rehub PLC on Wednesday announced details relating to its bond interest payment schedule for the semiannual period running from October 26, 2025 to April 26, 2026. The company confirmed that the arrangement ...

The virtual data room software market continues to expand, driven by the growth of remote transactions, complex compliance rules, and the need for secure collaboration tools. For companies entering fundraising ...

British consumers are gloomier about the economy than at any time since records began in 1978, according to a survey published on Wednesday that showed the Iran war and soaring oil ...