Business

Electric vehicle market share inches higher in Cyprus amid European shift Cyprus’ motor vehicle registrations increased by 13.2 per cent during the first half of 2026, with hybrid cars accounting for more ...

The assets under management of Cyprus’ collective investment sector fell to €11.2 billion in the fourth quarter of 2025, according to figures published on Wednesday by the Cyprus Securities and Exchange Commission (...

Cyprus will continue to play an active role in shaping international maritime policy, with a focus on sustainability, competitiveness and safe navigation, Deputy Shipping Minister Marina Hadjimanolis said during a ...

The value of bounced cheques issued in Cyprus rose to €37,188 in June, despite only a slight increase in the number of cases, figures released on Wednesday by the Central Bank ...

The 14th Invest Cyprus International Investment Awards are due to take place on Thursday, July 9, at the Hilton Nicosia to recognise foreign companies that have made significant contributions to the ...

Cypriot founder Nicole Georgiou has launched i spy in London, a new fashion-tech platform aiming to rethink the way people discover, save and shop the outfits they see online.  The 25...

For years, public debate in Cyprus has focused almost entirely on the international price of LNG. Every discussion about importing natural gas eventually arrives at the same question: what will ...

Limassol has never been a city that stands still. Ships entering the port, families walking the seafront, traders opening their shops, children growing up around the old neighbourhoods, people leaving ...

Cyprus hoteliers association Pasyxe has elected Yiannos Pantazis as its new president, with Thanos Michaelides stepping down after three years in the role, as the association marked its 90th anniversary ...

The European Central Bank on Tuesday gave eurozone banks four months to draw up plans to counter AI-enabled cyber threats ​that could undermine confidence in the financial system and disrupt ‌...

Greek and Cypriot bank shares are expected to continue outperforming, with investment firm Axia-Alpha Finance raising its target prices and maintaining buy recommendations, while identifying Eurobank and the Bank of ...

Telecommunications provider Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, marking a strategic investment aimed at expanding Cyprus’ digital infrastructure and strengthening ...

Card payment company Visa this week announced the launch of the Visa Threat Intelligence Platform (VTIP), a sophisticated solution designed to assist financial institutions in identifying and addressing cyber threats ...

The Bank of England on Tuesday set out plans to relax rules ‌on how much capital banks have to hold against shocks, aiming to align requirements for British banks more ...

Eurobank this week announced the launch of a new programme titled Business Banking Construction Sector, which is designed to provide specialised financial solutions to one of the most vital areas ...

European Parliament members voted on Tuesday to approve extensive changes to air passenger rights, aiming to secure faster compensation and improved transparency for travellers. The new regulations, passed with 646 votes ...

Finance Minister Makis Keravnos will travel to Brussels on Wednesday to participate in meetings of the Eurogroup on July 9 and the ECOFIN Council on July 10, where European Union finance ministers ...

Greek airline Aegean announced this week that credit rating agency ICAP CRIF Ratings has maintained its AA rating for the company. This decision was reached on July 03, 2026, as part of ...

The board of directors of Orca Investments Plc announced on Tuesday that it has successfully completed the payment of a dividend from the retained earnings of the 2023 financial year. This ...

Battery manufacturing today looks very different from what it did a decade ago. Customers are no longer evaluating suppliers based only on pricing or production capacity. Whether serving consumer products, ...

As the cryptocurrency market enters a new phase of development, XRP has once again become the focus of market attention. Recently, many market analysts and crypto asset research institutions believe ...

The government is following the roadmap it drafted in 2025 to establish Cyprus as an all-year-round tourist destination with clear aims and priorities to develop alternative forms of tourism, highlight Cyprus’ ...

Standing outside Neocleous Tower, the first thing you notice is the space around it. The public square, which guides visitors to the building itself, is an increasingly rare feature in ...

Cyprus’ tourism industry remained heavily concentrated in the summer months during 2025, with Eurostat figures showing that August and July were by far the busiest periods for overnight stays in tourist ...