Business

The Cyprus Stock Exchange (CSE) has announced that listed entity Upyachting Management PLC has officially changed its name to UP Ventures PLC. This corporate rebrand on the Emerging Companies Market (...

Demetra Holdings Plc bought back 3,630 of its own shares on August 10, 2026, as part of its ongoing capital management strategy on the Cyprus Stock Exchange (CSE). The announcement was formally made ...

Nearly two-thirds of tanker crossings through the Strait of Hormuz since July 14 took place without active tracking signals, leaving oil traders, shipowners and regulators with an increasingly incomplete picture of ...

Limassol hotel occupancy reaches 90 per cent in August on late bookings surge Hotels in Limassol have reached around 90 per cent occupancy in August, matching last year’s booking levels as ...

Freedom Holding Corp, the parent company of Freedom24, reported a 40 per cent year-on-year increase in net revenue for the first quarter of its 2027 financial year, driven by strong growth across ...

Cyprus’ state workforce reached 53,747 employees in July 2026, rising by 300 people or 0.6 per cent from 53,447 a year earlier, according to figures released by the statistical service (Cystat). The increase came as ...

PR expert sees untapped potential in Cyprus innovation scene Cyprus’ startup and investment scene is expanding rapidly, but founders still face the challenge of making their businesses visible beyond the ...

Cyprus-based biotech innovator Marianna Prokopi-Demetriades has been named the 2026 Study UK Alumni Awards global winner for Business and Innovation, becoming one of only four people worldwide to receive the British ...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it will suspend trading in the securities of six listed companies from August 13, 2026, after they failed to submit and publish their ...

Shipping traffic through the Strait of Hormuz fell to six on Monday, compared ​with a 10-day average of about 11 vessels, ‌shipping data showed, amid fading hopes of a peace deal ...

Alpha Bank S.A. has announced that its share capital has been updated following the formal cancellation of 59,018,043 treasury shares. The lender explained that the capital adjustment was carried out ...

Gaming operator Allwyn AG acquired a total of 530,414 of its own shares on Euronext Athens between August 3, 2026, and August 7, 2026, as part of its ongoing share buyback programme. According to a ...

The National Bank of Greece acquired a total of 650,000 of its own ordinary shares between July 31, 2026, and August 7, 2026, as part of the first tranche of its approved buyback programme. According ...

UK travellers remain top source of airport traffic in Cyprus Cyprus’ airports handled over 1.63 million passengers in July 2026, with passenger traffic narrowing its year-on-year decline to just 1 per cent as ...

A new free mobile app helping people in Cyprus report signs of wildfires, receive nearby alerts and access key fire-safety information has gone live, with TechIsland and Brickworks Games launching ...

Cyprus-based GlobalWealth Group PLC has approved and signed an investment agreement to acquire interests in a €2.5 million hotel development in Barbati, Corfu, as part of its strategy to expand its ...

The Cyprus Composite Leading Economic Index (CCLEI) recorded a 0.43 per cent year-on-year decline in July 2026, according to the latest revised data from the Economics Research Centre of the University of ...

Eurobank announced on Monday that it repurchased a total of 1,099,627 own shares on Euronext Athens between August 3, 2026, and August 7, 2026. The lender executed the share buyback transactions at an average purchase ...

The British government announced nearly £130 million ($175 million) in ​funding for zero-emission vehicle technologies ‌on Monday, with almost £65 million in public money and the rest provided ​by the industry. Nearly £50 million ...

Britain’s labour market showed tentative signs of stabilisation in July, when Andy Burnham ​became prime minister, as recruiters stopped shedding ‌permanent staff, according to a survey on Monday that ...

Enterprise technology services provider Kyndryl has announced the expansion of its sovereignty solutioning through new capabilities and services developed with Microsoft. According to its statement, the collaboration combines Kyndryl Sovereignty ...

A consortium that includes Amazon founder Jeff Bezos is close to agreeing a deal to acquire a stake of about one-third in Premier League club Liverpool, multiple media outlets reported ...

Demetra Holdings Plc announced on Monday that it repurchased a total of 3,559 own shares for €5,196.14 on the Cyprus Stock Exchange (CSE) on August 7, 2026. The investment company executed the transaction through ...

Cyprus’ trade deficit widened sharply during the first half of 2026, reaching €4.68 billion, as imports continued to grow while exports moved in the opposite direction, according to figures released on Monday ...