Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Investment firm Demetra Holdings Plc on Friday announced that it acquired 6,170 of its own shares on the Cyprus Stock Exchange (CSE) on May 21, 2026, as part of its ongoing capital management ...
A footballer claims a deduction for boot polish. A multinational routes royalties through a holding company in a low-tax country. A market trader pockets cash and never records it. Three ...
Google has rejected claims that it is failing to tackle fraudulent advertising on its platforms, after Cyprus and European consumer groups filed a complaint against Meta, TikTok and Google over ...
Employment in ICT-related fields across the EU increased during 2025, with Cyprus standing out for its highly educated workforce in the sector.
According to Eurostat, 3.4 million people were employed in the ...
Lithuania’s Finance Minister Kristupas Vaitiekūnas said Cyprus and Lithuania can deepen cooperation, particularly in tourism and defence, while visiting Cyprus for the informal ECOFIN meeting in Nicosia on ...
Cyprus Finance Minister Makis Keravnos on Friday called for increased investment across Europe while warning against weakening fiscal discipline, as discussions turned to stablecoins and financial stability ahead of an ...
Cyprus-based cross-border firms drive surge in suspicious activity filings, says Mokas
The Cyprus Securities and Exchange Commission (CySEC) has alerted regulated entities to strengthened anti-money laundering guidelines and new risk ...
Hermes Airports CEO Eleni Kaloyirou joined business leaders at the 5th ICPAC Mediterranean Finance Summit, held on 21–22 May in Limassol, taking part in a discussion on the growing importance of ...
Cyprus must look beyond traditional ideas of resilience and treat investment funds as part of its wider economic defence, as regional instability, energy pressures and trade disruption move closer to ...
Cyprus is set to remain among the European Union’s fastest-growing economies in 2026, with unemployment expected to fall to a historic low, President Nikos Christodoulides said.
Referring to the European ...
Limassol-based Island Oil (Holdings) Ltd has received the Silver Award in the Social Leader category at the ESG Shipping Awards International 2026, adding another Cyprus-linked distinction to a ceremony that brought ...
From “Store of Value” to “Ecosystem Applications”: How BTC Mining Protocols Are Reshaping a Trillion-Dollar Sector.
Sydney, Australia, May 21, 2026. Benefiting from a recovering and booming crypto market, a leading BTC ...
Artificial intelligence is no longer only changing the tools people use at work, but it is also reshaping what companies, universities and training centres understand by talent.
Indeed, speakers at ...
Rent prices in some of the world’s most expensive neighbourhoods are continuing to climb, turning even the smallest homes into an increasingly costly luxury as the global housing crisis ...
Aleksandra Sulimko, COO of TheSoul Group, said organisations do not get stuck because they lack tools, strategies or technology, but because of how people react when uncertainty becomes uncomfortable.
Speaking ...
The Research and Innovation Foundation (RIF) has announced a proposal writing workshop aimed at supporting applicants to its technology commercialisation funding call, scheduled to take place later this month.
The ...
Eurobank on Thursday opened a representative office in Mumbai, becoming the first bank from southeastern Europe to operate such a service in India.
A ceremony was held to mark the ...
The Paphos regional tourism board (Etap) participated in a European project meeting in France focused on smart tourism, digital innovation and sustainable destination management, according to an official announcement.
Specifically, ...
The European Union saw a modest monthly recovery in construction output during March 2026, according to a report from Eurostat.
At the same time, locally-sourced data indicates that Cyprus’ building sector ...
A high-level panel moderated by Elias Neocleous, managing partner at Elias Neocleous & Co LLC, placed funding strategy at the centre of discussions during this year’s Doers Summit, amidst ...
Ermes Department Stores Plc on Thursday announced the appointment of Grant Thornton Cyprus to prepare an independent opinion on a public takeover offer submitted by Cyprus Trading Corporation Plc (CTC), ...
UNHCR, the International Maritime Organisation (IMO) and the International Chamber of Shipping (ICS) have released a revised rescue guide aimed at helping governments, shipmasters and maritime operators respond to refugees ...
The Cyprus Stock Exchange (CSE) on Thursday announced the upcoming suspension of trading in specific government Treasury Bills ahead of their formal delisting at the end of the month.
The ...
Cyprus-based IT distributor Asbis on Thursday announced that its estimated consolidated revenues surged significantly in April, reflecting strong year-on-year growth.
The company reported estimated revenues of approximately $444 million for April 2026, ...