Business

Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of prolonged shipping disruptions gripped the ...

Cyprus’ transition into a high-tech European investment hub took center stage at the Financial Times’ London headquarters last month, as the island’s tech sector now rivals tourism in its ...

Fuel prices in Cyprus are expected to keep climbing in the coming weeks, petrol station owners’ association chairman Savvas Prokopiou said on Monday, after global crude prices surged to their ...

Cyprus experienced a sharp increase in motor vehicle registrations in 2026, with hybrid vehicles significantly expanding their share of new passenger car registrations during the first two months of the year. ...

Billionaire shipowner George Prokopiou sent at least five tankers through the Strait of Hormuz this week, the Wall Street Journal reported, in one of the boldest moves of his long ...

Larnaca and Paphos airports see 138 flights scheduled for Monday Hermes Airports on Monday announced that Cyprus’ air connectivity with Europe has been restored, following the resumption of several flights that ...

Eurobank and BNP Paribas hosted a client dinner in Nicosia on March 4, in order to discuss global investment prospects and emerging opportunities in international markets. According to an announcement from ...

Wizz Air marked International Women’s Day 2026 by operating a series of all-female flights across multiple markets, according to an official announcement. Seventy female cabin and flight crew decided to ...

Partnership seeks to improve communication between banks and Cypriot firms The Cyprus Chamber of Commerce and Industry (Keve) and the Association of Cyprus Banks on Monday officially announced the launch ...

Eurozone inflationary pressures had not fully eased even before the outbreak of war in the Middle East, with February data showing a pick-up in both headline and core inflation. Inflation ...

In a message addressing the current economic climate, Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday noted that the country is navigating challenges from a position of strength. ...

The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus’ foreclosure framework could have negative consequences for credit institutions and the wider financial system, as parliament prepares ...

Cyprus has made youth employment a priority under a new labour market strategy for 2026 – 2028, Labour Minister Marinos Mousiouttas said, while acknowledging that joblessness among under-25s remains in double digits. ...

Oil prices have soared while share markets have skidded on fears that the escalating US-Israeli war on Iran ​will squeeze energy supplies and hamstring industries around the world. Following are ...

Greek Shipping and Island Policy Minister Vasilis Kikilias said Greeks felt proud to see Greek forces helping protect Cyprus, as the war in the Middle East raised fresh concerns over ...

The functioning of the real estate market has always relied on intermediation. A real estate agent is expected to identify an interested party, bring the parties into contact and contribute ...

Global shipments of AI glasses reached 8.7 million units in 2025, marking a dramatic 322 per cent increase, according to the latest estimates released by market analysts Omdia. The surge reflects rapidly rising ...

EU birth rates fall to lowest level since 2001 Births across the European Union declined in 2024, according to Eurostat, with Cyprus recording a total fertility rate slightly above the EU average, ...

Global smartphone shipments are forecast to decline by around 7 per cent year-on-year in 2026, according to a report by market intelligence firm Omdia. The forecast is based on first-quarter memory price ...

An energy app developed by EU-funded researchers is helping neighbours cut carbon, earn modest returns and boost the use of clean power in their own communities. By Anthony King A ...

Europe’s AI researchers are joining forces through an EU-funded digital platform that allows them to share tools, data and computing power to drive collaboration and innovation. By Michael Allen ...

The gender employment gap among adults living in households with children was less pronounced for highly educated women compared with those with lower levels of education across the EU in 2024. ...

With a circulating supply in the hundreds of trillions, Shiba Inu would require market capitalization exceeding $40 trillion for each token to reach one dollar, a figure dwarfing the entire global ...

Cyprus “was, is, and will always be a safe destination” for tourism, Tourism Deputy Minister Costas Koumis said on Sunday. He was speaking on the sidelines of the day’s ...