Business

Greek retail chain Jumbo said sales at its Cyprus stores rose by around 9 per cent year-on-year in May 2026, marking a strong recovery after the Easter-related slowdown recorded in April.  For ...

Procurement professionals must prioritise trusted relationships and supply chain resilience, rather than focusing solely on cost reduction, Maria Theodosiou, Managing Director of GenPro, said at a GenPro event held during ...

Sir Stelios Haji-Ioannou returned to Pedoulas on June 6, marking his first visit in 16 years to the mountain village where his father, Loucas Haji-Ioannou, was born. The visit was described as ...

Bernhard Schulte Shipmanagement (BSM) has appointed Elena Pantazidou as Chief People Officer, effective June 1, 2026, reporting to the Chief Executive Officer. As a member of BSM’s Management Board, Pantazidou joined ...

Employment in the European Union’s green economy has grown by an average of 6 per cent per year since 2014, reaching 5.8 million full-time equivalents by 2023, according to Eurostat. The analysis of ...

From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often overshadowed by the US, can punch above ​their weight in the $40 ...

Seasonally adjusted services production increased by 0.2 per cent in the euro area and by 0.4 per cent in the European Union during March 2026, according to Eurostat. This modest upturn follows a ...

Retail trade volume in Cyprus declined by 1 per cent during April 2026, according to seasonally adjusted data from Eurostat. This downturn represents a reversal for the Cypriot market, which had previously ...

The increased use of stablecoins could reinforce the dollar’s global dominance, undermine some nations’ ability to set monetary policy and even diminish ​the role of the euro, according to ...

When we came to live in Cyprus 26 years ago now, water was rationed to two days a week on our road. However, the house we later bought had a well ...

Global investment in data centres is expected to approach $1.6 trillion by 2030, while leading technology companies are forecast to spend more than $600 billion on AI infrastructure capital expenditure in 2026 alone, according ...

Here are the top business stories in Cyprus from the week starting June 1: FuelEU compliance has moved beyond regulation to become a commercial optimisation challenge for the shipping industry, according ...

Shipments of small-sized automotive AMOLED displays measuring under 5 inches are forecast to reach 1.5 million units by 2030, representing a growth of 541 per cent compared to 2025, according to research firm Omdia. As ...

The escalation of conflict in the Middle East is reshaping expectations for the global technology economy, according to research firm IDC, which says the transmission of geopolitical shocks into IT ...

Monetary developments in the euro area for April 2026, published this week by the European Central Bank (ECB), showed a broad easing in money supply growth alongside mixed signals in lending ...

Women in Cyprus accounted for 51.8 per cent of all people employed in science and technology during 2025, according to Eurostat, placing the country just below the EU average but still among ...

Cyprus maintained stronger economic growth than both the euro area and the European Union in the first quarter of 2026, according to estimates released by Eurostat, despite a slowdown from the ...

Rising construction costs in Cyprus have surged by 10 per cent over the past two months, with a five-year increase reaching 35 per cent, according to the president of the Cyprus Federation ...

The European Central Bank (ECB)’s consumer expectations survey for April 2026 showed a mixed shift in euro area household sentiment on inflation, income, growth and credit conditions. Specifically, the ECB ...

Dell recently unveiled its most affordable laptop, XPS 13, as ‌the PC maker aims to capture market share from Apple’s MacBook Neo by attracting students and young professionals. Starting at $699 ...

The European Union this week advanced two major initiatives in its innovation and technology strategy, unveiling progress on the Scaleup Europe Fund alongside the announcement of winners of the European ...

Columbia Group has reaffirmed its growing presence in Greece, with CEO Andreas Hadjipetrou pointing to the company’s expanding fleet under management for Greek clients and its long-standing focus on ...

Eurobank S.A. has updated its financial calendar for 2026, informing the investment community of revisions to key reporting and shareholder dates following an earlier announcement made on May 7, 2026. According to ...

Alpha Bank Cyprus this week held a business-focused event at the Amarande hotel in Ayia Napa, bringing together local stakeholders to underline the strategic role of the Famagusta district in ...