Business

Another tanker belonging to Greece-based shipping firm Dynacom has been confirmed to have exited the Middle East Gulf through the Strait of Hormuz, but vessel traffic through the chokepoint remained ...

Most of the public discourse around AI in marketing still operates in extremes. On one end, the evangelists who promise that generative tools will replace entire departments. On the other, ...

Cyprus’ labour inspection department will run a special inspection campaign in hotels, restaurants and ready-to-eat food distribution premises from April to October 2026, as authorities step up checks on workplace safety ...

The Cyprus Statistical Service (Cystat) on Thursday reported that retail trade turnover in Cyprus recorded a year-on-year increase in February 2026, reflecting continued growth in the sector. Specifically, the Turnover Value ...

The arrival of the Marella Discovery II at the Port of Limassol earlier this week marked the start of Cyprus’ cruise season, with DP World Limassol CEO Simon Pitout highlighting ...

Cyprus Gender Equality Commissioner Josie Christodoulou called for more accountable and action-centred leadership in the energy sector during EGYPES 2026 in Cairo this week, telling a regional forum that women’s ...

The association of Cyprus tourist enterprises (Stek) and the hoteliers’ association (Pasyxe) on Thursday voiced strong opposition to a proposed law on the establishment and operation of recreational areas, warning ...

Eurobank on Thursday announced that it recently secured two major distinctions at the Euromoney Private Banking Awards 2026, reinforcing its position in Cyprus’ private banking sector. The bank received the awards ...

Limassol-based UW Group, one of the world’s leading shipping representatives, has expressed deep concern and disappointment following the vandalism of the sculpture “Fellow Travellers”, which was donated to the ...

Cyprus is emerging as one of Europe’s fastest-growing innovation hubs. Startups founded on the island are building global products, attracting international investment and expanding into markets far beyond the ...

Cyprus Trading Corporation Plc is moving ahead with a mandatory public takeover bid for Ermes Department Stores Plc, after increasing its stake in the company through the purchase of 17.5 million ...

Cyprus used its participation in the European Maritime Skills Forum in Brussels this week to push for stronger maritime education and workforce development, as the country continues to place seafarers ...

The Council of the European Union this week approved a regulation establishing the EU talent pool, a new digital platform designed to connect non-EU jobseekers with employers across the bloc. ...

Cyprus recorded more than 3.1 million guest nights in short-term rental accommodation during the third quarter of 2025, according to Eurostat, highlighting the island’s strong performance in the growing platform-based tourism ...

Cyprus recorded a decline in unemployment in February 2026, even as joblessness in the euro area rose slightly month-on-month, according to a report from Eurostat. Specifically, the figures showed that Cyprus ...

The Markets in Crypto-Assets Regulation (MiCA) is reshaping Europe’s crypto market, while exposing new regulatory challenges, according to Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides. In an ...

Greek lender Alpha Bank has announced a sweeping transformation of its retail banking operations, introducing a new organisational model aimed at placing the customer at the centre of banking services. ...

The University of Nicosia announced this week that it will host a student event titled “Become a Merchant Navy Officer for a Day” at the BSM Maritime Training Centre at ...

The economy of the Famagusta district is coming under growing strain from the fallout of developments in the Middle East, with Paralimni-Deryneia mayor Giorgos Nikolettos warning that the new tourist ...

Index provider MSCI has confirmed that Greece will return to its developed markets index in May 2027, marking a key milestone in the country’s long recovery from its sovereign debt ...

Francois-Louis Michaud will take up his position as chair of the European Banking Authority on April 16, 2026, following his formal appointment by the Council of the European Union earlier this week. “...

International airfreight rates surged by as much as 95 per cent between February and March, as reduced cargo capacity and higher fuel prices linked to the Iran war pushed prices closer ...

Cuts to value added tax (VAT) on fuel would not comply with European Union law, the European Commission said on Wednesday, as governments across Europe attempt to combat spiking fuel ...

Tesla’s (TSLA.O) first-quarter deliveries are expected to be lower than in the December quarter as ​the electric-vehicle maker struggles with uneven demand ‌and intensifying competition in key markets. ...