Business

Britain’s new prime minister must slash energy levies paid by businesses to speed up economic ​growth, a leading employers group and an energy ‌trade body said on Tuesday. With ...

The European Securities and Markets Authority (ESMA), the EU financial market regulator and supervisor, recently published its third annual market report on European carbon markets. The report identifies financial intermediaries ...

Transport Minister Alexis Vafeades gave new reassurances on Tuesday that Cyprus faces no shortage of fuel stocks amid the continuing conflict in the Persian Gulf. Around 20 per cent of global ...

Russians accounted for 51 per cent of foreign residential property purchases in Cyprus during 2025, a report published on Tuesday by Russian business magazine Business Petersburg showed. Despite European sanctions and tighter ...

Shein ​Executive Chairman Donald Tang will step down as his mission of taking the company public nears completion, three sources with direct knowledge of ‌the matter told Reuters, after three ...

Cyprus’ Presidency of the Council of the European Union made a significant contribution to advancing major legislative files in the fields of the economy and public finances, Finance Minister Makis ...

Deputy Minister of Shipping Marina Hadjimanolis on Tuesday held a formal meeting with the new Communications Commissioner Marios Pieri, as well as the new Assistant Communications Commissioner Georgios Georgiou. This ...

The Cyprus Employers and Industrialists Federation (Oev) is set to host a high-level workshop tomorrow, July 15, 2026, at 14:00 at its headquarters in Nicosia to address the urgent need for reducing the ...

The Central Bank of Cyprus (CBC) on Tuesday welcomed the selection of the Bank of Cyprus and JCC Payment Systems to participate in the European Central Bank’s (ECB) pilot ...

CySEC strengthens whistleblower reporting framework The Cyprus Securities and Exchange Commission (CySEC) on Tuesday announced the publication of a new practical guide for whistleblowers, aimed at improving the reporting of ...

Cypriot shipping executive Thomas Kazakos, Secretary General of the International Chamber of Shipping (ICS), has called for an immediate end to attacks on commercial vessels in the Strait of Hormuz, ...

The planned re-establishment of the cooperative bank could strengthen competition in Cyprus’ financial sector and benefit both consumers and the wider economy, according to the president of the Cyprus association ...

‘Provided that we do not have any breakdowns’ Cyprus’ electricity grid is equipped to meet the increased demand which is forecast over the summer amid rising temperatures and the subsequent ...

Kyndryl has introduced a new artificial intelligence (AI) orchestration capability designed to help companies move beyond experimentation and siloed workflows and begin deploying AI agents across critical business operations at ...

Cyprus recorded one of the European Union’s widest gaps in home energy efficiency improvements between vulnerable and better-off households in 2025, according to new data released by Eurostat. The latest ...

SSH Solar Finance PLC announced on Tuesday that it will proceed with the payment of interest for its green bonds for the period covering January 31, 2026, to July 31, 2026. The company, which ...

Demetra Holdings Plc announced on Tuesday that it completed a buyback of its own shares during the previous day. Specifically, the company executed the purchase of 5,600 shares at a price ...

A heatwave and the men’s World Cup drove up consumer spending in Britain ​in June, according to data published on Tuesday. Barclays ‌and the British Retail Consortium said the ...

Capital.com reported $1.13 trillion in client trading volumes for the second quarter of 2026, with volume traded in Gold markets accounting for 42.4 per cent of total platform volume, the highest share ...

The International Maritime Organisation (IMO) has called for an end to attacks on civilian shipping linked to geopolitical conflicts, as its governing Council reaffirmed the need to protect freedom of ...

Construction employers’ association Oseok has condemned illegal practices by any contractor or business operating in Cyprus’ construction sector, while warning that the industry continues to face a severe shortage of ...

Planning and permitting delays can add around €60,000 to the average price of a new apartment in Cyprus, without increasing a developer’s profit by a single euro.  According to Yiannis ...

Cruise technology provider cruisePAL, which operates an office in Limassol as part of its international network, has restructured its senior leadership team as the company seeks to separate long-term strategic ...

DP World, the global ports operator with a direct presence at Limassol port, is planning a new UAE east coast gateway that would allow cargo to bypass the Strait of ...