Business

A renewed threat to commercial shipping in the Red Sea and Gulf of Aden is adding to wider fears over a deepening global energy and trade shock, with separate assessments ...

Artificial intelligence is becoming more deeply embedded in both boardroom strategy and daily operations across shipping, and Island Oil Holdings chief technology officer Gregoris Gregoriou believes its real value lies ...

Cyprus’ efforts to strengthen its appeal as an international business and investment centre received backing from the Cyprus International Business Association (CIBA), whose board met President Nikos Christodoulides this week ...

As artificial intelligence becomes ubiquitous in the commercial life of Cyprus, businesses are beginning to confront the ethical questions that accompany its rapid adoption. Firms that at once embraced it ...

Europe must dismantle structural barriers and leverage cutting-edge technology to fully realise the potential of the Savings and Investment Union (SIU), according to Cyprus Securities and Exchange Commission (CySEC) Vice ...

By Dimitris Evgeniou Scroll through TikTok or Reels, and you see guys my age in rented Lamborghinis promising €10,000 a day from crypto! The captions scream ‘ESCAPE THE MATRIX’ and ‘FINANCIAL ...

Budget airline Wizz Air on April 1 announced a 20 per cent discount on selected flights to mark Cyprus National Day, offering reduced fares for travellers departing from Cyprus. The airline stated ...

The European Supervisory Authorities—a collective body comprising the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), and the European Insurance and Occupational Pensions Authority (EIOPA)—have ...

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 ...

Hotel operators were awaiting details on Thursday of a government wage-subsidy scheme, with the industry looking to the labour ministry for a plan due to be announced on April 2 as ...

As Cyprus strengthens its position as a regional hub for innovation and sustainability, companies working on real industrial solutions are becoming increasingly important to the island’s future. Among them ...

Cyprus brought 95 students from lyceums and technical schools in Limassol and Paphos closer to the shipping industry on Tuesday, as the Deputy Ministry of Shipping held the educational day ‘Getting ...

By Dr Andreas Procopiou Former Senior Research Fellow in Smart Grids at the University of Melbourne and Research Engineer at the Électricité de France R&D  In public discussions ...

Eurostat on Tuesday announced that annual inflation in Cyprus is estimated to have risen to 1.5 per cent in March 2026, reflecting an increase compared to previous months. Speaking to the broader ...

The House finance committee has examined significant legal and substantive changes to a proposed law concerning the financial commissioner and procedures for complaints and foreclosures, with the binding nature of ...

The Tax Department has announced the implementation of a zero VAT rate on specific categories of meat and fish, following a decision by the Cabinet. The department stated that the ...

The Paphos regional tourism board (Etap) has announced that it is participating as a partner in the European Erasmus+ programme I-DEMO, aimed at strengthening the district’s position as a ...

The Bank of Cyprus Holdings Public Limited Company on Tuesday announced that its total issued share capital stood at 435,772,799 ordinary shares. Each of these shares carries a nominal value of €0.10 ...

The Cyprus Stock Exchange (CSE) on Tuesday announced the listing of 62,794,749 additional ordinary shares of Globalwealth Group Plc on its Emerging Companies Market. The shares, each with a nominal value ...

Logicom Public Ltd on Tuesday announced that it expects a slight decrease in turnover during the first quarter of 2026, compared with the corresponding period of 2025. The company stated that this ...

Authorities are closely monitoring developments in the tourism sector and remain cautiously optimistic despite recent disruptions linked to the Middle East crisis, government spokesman Konstantinos Letymbiotis said on Tuesday. Responding ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) on Tuesday announced the appointment of Andreas Papadatos as its new general manager. “His appointment, effective from May 1, 2026, marks the beginning ...

Artificial intelligence and automation are moving beyond isolated process improvements and becoming part of a broader business transformation strategy, with Intellar co-founder Antonis Grecos arguing that organisations are increasingly looking ...

Public funding, new research centres and a growing venture capital scene have changed the landscape of the Cyprus startup and innovation scene. Startups are gaining visibility abroad. International investors are ...