Business

I was 22 years old, driving through Detroit, when I saw a group of kids playing basketball with a deflated ball and two construction barrels for hoops. They lived in a ...

The European Securities and Markets Authority (ESMA) on Thursday published its report on 2025 corporate reporting enforcement and regulatory activities, outlining how national regulators and ESMA supervised corporate reporting practices across ...

Cyprus has quietly become one of the most attractive property markets in the Mediterranean. Its location between Europe and the Middle East, combined with EU membership and a favourable tax ...

Chief Scientist Demetris Skourides on Thursday said that Cyprus already has the foundations to become a strong regional innovation hub. Addressing participants at a forum in Limassol, he stated that ...

The Limassol regional tourism board (Etap Limassol) held a working meeting Wednesday with a number of hotel directors, Limassol hoteliers association president Christos Tsanos, and Limassol mayor Yannis Armeftis. The ...

Total beer deliveries in Cyprus fell by 8.9 per cent during April, compared to the same month last year, according to a report from the Cyprus Statistical Service (Cystat). Specifically, the ...

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures ...

Eurobank announced on Thursday that it had entered into a definitive agreement to acquire an additional 80 per cent stake in Eurolife Life Insurance, strengthening its position in the insurance sector. ...

Cyprus’ inflation rate rose to 2.8 per cent in April 2026, according to figures released by the Cyprus Statistical Service (Cystat), with petroleum products and transport costs recording the sharpest increases. The ...

Two leading Cyprus-based scientists have received major recognition in artificial intelligence and cancer research, in developments highlighted by venture capital firm 33East as evidence of the country’s growing support ...

Cyprus Seeds will host its 4th Cycle Innovation Showcase on May 22, 2026, at the Kolla Factory in Limassol, bringing together a diverse group of inventors, entrepreneurs, and international mentors to celebrate ...

Eurobank has announced that it has financed the development of the new UNIC Athens campus, a project exceeding €65 million that marks a major international investment for Cypriot higher education and ...

TechIsland and Women in Tech Cyprus will host a full-day “STEM for All” programme at The Doers Summit 2026 in Limassol on May 21, bringing together technology leaders, policymakers and industry representatives ...

The American Chamber of Commerce in Cyprus (AmCham) this week hosted Central Bank of Cyprus (CBC) governor Christodoulos Patsalides at its latest Breakfast Series event, while also organising a farewell ...

Trade unions representing hotel employees say they expect a response in the coming days from the labour ministry regarding the extension of a subsidy scheme for workers in the hotel ...

Shipping Deputy Minister Marina Hadjimanolis departed Cyprus on Thursday for a working visit to Chios and Brussels, where she is scheduled to participate in major maritime events linked to the ...

TUS Airways on Thursday announced the arrival of a new Airbus A320 aircraft at Larnaca International Airport, further expanding the carrier’s fleet as part of its broader growth strategy ...

Cyprus has emerged as an outlier in euro area financial networks, according to a European Central Bank (ECB) working paper analysing sectoral interconnectedness across member states. The study, authored by ...

A Cyprus-based research-to-market team developing an advanced medical imaging system has outlined its progress and commercial ambitions in an exclusive interview with the Cyprus Mail. The project, known as the ...

Cyprus recorded one of the lowest shares of employment in multinational enterprise groups in 2024, highlighting its position within the broader European business landscape. According to figures from Eurostat, multinational enterprise ...

Industrial producer prices in Cyprus declined in March 2026, according to Eurostat, contrasting with strong increases across the euro area and the European Union. According to the latest figures, industrial producer ...

Hermes Airports on Wednesday reported a decline in passenger traffic alongside a stable level of air connectivity across Cyprus. The company said that April 2026 recorded a 16 per cent decrease compared ...

BMW maintained its ‌2026 financial guidance on Wednesday and signalled it could weather US tariffs and Chinese competition, sending shares up nearly 5 per cent despite first-quarter pretax profit tumbling 25 per cent. ...

The Bank of England has estimated that its quantitative ‌easing programme would rack up a net financial loss of ​around 125 billion ​pounds ($169 billion), which will need ⁠to be funded by ​...