Business

A Cyprus-flagged container ship remained disabled off Oman, with one Indian seafarer still missing, after an Iranian strike sparked an engine-room fire, forced the crew to abandon the vessel and ...

By Maria Demertzis The familiar debate asks whether AI will destroy jobs or create new ones. While we await the outcome, the most alarming labour-market effect of artificial intelligence so ...

Aviation lawyer Amanda Applegate skipped ​her annual vacation last month as a surge of wealth from AI startups and SpaceX (SPCX.O) sent a wave of tech investors shopping for ...

The cryptocurrency industry is starting to prepare for the threat of quantum computing as recent advances fuel concerns that the technology could soon be able to crack the cryptography that ...

Amazon (AMZN.O) expects to roll out initial internet service with its Leo broadband satellite ​network later this year after the company’s latest launch put the orbiting constellation’s ...

Cyprus’ Scientific and Technical Chamber (Etek) has called for immediate measures to tackle severe labour shortages in the construction sector during a meeting with the labour minister, warning that the ...

The Paphos regional tourism board (Etap Paphos) said this week that its summer campaign to attract domestic tourism has reached its peak, reporting strong engagement as it seeks to encourage ...

The first two articles in this series concluded that the key question facing Cyprus is no longer whether natural gas is needed, but whether the current Vasiliko LNG import project ...

By Stephanos Spyrou Cyprus is one of Europe’s smallest nations, but for six months this year it held the gavel for the whole European Union, and used the closing ...

Here are the top business stories in Cyprus from the week starting July 6: As Cyprus’ property and construction sectors continue to expand in 2026, the country’s real estate market stands ...

Seasonally adjusted services production rose by 0.7 per cent in the euro area and 0.3 per cent in the European Union during April 2026, according to Eurostat. This increase follows growth recorded in ...

By Kate Miroshnichenko Objectives and Key Results (OKRs) are a popular, collaborative goal-setting framework, popularised by leading businesses across the world. The trouble is that the OKR framework isn’t ...

Apple (AAPL.O) plans to spend more than $30 ​billion under a multi-year chip supply deal with Broadcom, bolstering ‌its US sourcing as President Donald Trump’s administration pushes to expand ...

Activity in Britain’s dominant services sector contracted for a second month running in June and by the most since early 2023 as the fallout from the Iran ​war continued to ...

Fiscal council member Marios Clerides on Saturday said that Cyprus’ markets require “ethical banking”, as he weighed in on the prospect of a new cooperative bank being opened on the ...

Cyprus has joined the second phase of the European Tech Champions Initiative (ETCI 2.0), a new European investment programme aiming to mobilise €80 billion to support more than 1,500 fast-growing technology companies across ...

A team of teenagers from Limassol has secured third place in Europe after transforming an ordinary lip gloss into a discreet tool designed to help women detect potentially harmful substances ...

The Bank of England said this week that artificial intelligence poses a growing threat to financial stability, as investors bet heavily it will prove ​a success while the technology increases ...

OpenAI has publicly launched GPT-5.6, its most advanced AI model, following a delay last month prompted by US government requests over heightened national security concerns about the potential misuse of ...

Renault Group (RENA.PA) is achieving better margins on its compact electric R5 than ​larger models like the Megane or Scenic, ‌CEO Francois Provost told French business daily Les Echos ...

Britain’s construction sector contracted sharply again in June, though the downturn eased ​slightly from May’s six-year low as commercial ‌building weakened less, a business survey showed this week. ...

The International Monetary Fund (IMF) announced this week a downward revision of its 2026 global economic growth forecast compared to its April projections, citing the ongoing war in Iran. The fund ...

The Turkish government and the Turkish Cypriot authorities on Friday signed a memorandum of understanding which foresees the construction of a natural gas pipeline between Turkey and Cyprus. According to ...

The European Securities and Markets Authority (ESMA) has launched a public consultation, active until August 12, 2026, to gather feedback on proposed revisions to the Disclosures Delegated Act (DDA) under the European ...