Business

Cyprus was among 23 EU member states that joined a coordinated consumer protection sweep which found that 30 per cent of online traders screened during Black Friday and Cyber Monday sales referenced ...

The Council of the EU and the European Parliament have reached a political agreement on the most far-reaching overhaul of the bloc’s customs framework in nearly six decades, with ...

Central Bank of Cyprus (CBC) directorate-general of financial stability and resolution head Panayiota Karamanou has highlighted the need to strengthen investor confidence as a key pillar of the Savings and ...

Cyprus-based IT distributor Asbis Group reported a net profit of $60.2 million for 2025, highlighting a record year driven by strong demand across multiple technology segments. The company said that net profit ...

The Central Bank of Cyprus (CBC) has announced that total deposits increased by 4.7 per cent year-on-year in February 2026, while total loans recorded a 12.3 per cent annual increase. In absolute terms, ...

The Research and Innovation Foundation (RIF) has announced two new funding calls aimed at bringing research closer to businesses in Cyprus through targeted innovation programmes. The calls fall under the ...

The government on Thursday announced a €200 million package of eight measures which it hopes will help combat rising costs after four weeks of war in the Middle East. Firstly, the ...

The European Union recorded a €128 billion trade surplus in goods in 2025, marking a decrease of €8 billion compared with 2024, according to Eurostat. The surplus fell from €136 billion in 2024, reflecting shifting trade ...

A presentation of Cyprus’ new tax reform will be held in Athens on April 21, targeting Greek businesses and investors, following its postponement due to the war in the Middle East. ...

The Cyprus Telecommunications Authority (CyTA) got the green light on Thursday to operate in the energy sector, though it remained an open question whether the semi-governmental organisation will compete or ...

Demetra Holdings Plc on Thursday announced that it completed the purchase of 8,132 of its own shares during a trading session held on March 24, 2026. According to the announcement, the transaction was ...

Consumer fuel prices jumped by the largest amount seen in the last three years during business hours on Thursday, consumers’ association chairman Marios Drousiotis said, with the impact of the ...

Chief Scientist Demetris Skourides has concluded a series of high-level meetings in Brussels and the Netherlands, aimed at strengthening Cyprus’ role in artificial intelligence, ocean policy and science-for-policy collaboration within ...

Cablenet Communication Systems PLC on Thursday announced its financial results for the year ended December 31, 2025, reporting revenue of €69.7 million alongside a broader transformation of its operations and services in Cyprus. ...

The Cyprus Association of Electricity Suppliers’ Representatives (Sepie) on Thursday said that a competitive electricity market remains the most efficient model for achieving lower costs for consumers and a sustainable ...

Cryptocurrency mining has evolved significantly in recent years. Previously, mining required expensive ASIC machines, advanced technical knowledge, and access to low-cost electricity. In 2026, cloud mining platforms and mining infrastructure providers ...

Cyprus stepped up its international wine push at Oenorama 2026 in Athens, with 16 wineries showcasing the range, authenticity and growing appeal of the island’s vineyard, according to the energy ministry. ...

The Iran conflict is causing a rise in tourist cancellations and a dive in new bookings in Cyprus and to a lesser extent other countries whose economies rely heavily on ...

What if you could use AI tools to generate profits in crypto — without constantly watching charts or reacting to market swings? In 2026, AI crypto trading tools have become one of ...

The Bank of Cyprus on Thursday announced its decision to proceed with the early redemption of its Tier 2 Capital Notes, marking the final stage in the management of the instrument ...

Cyprus’ market for newly built residential property continued to show strong demand for apartments in 2025, with buyers of new homes concentrating mainly in lower and mid-range price brackets, according to ...

Paphos is pursuing a modern tourism model that is “multidisciplinary, digital, sustainable, internationally interconnected and deeply rooted in local communities”, with the aim of extending activity to 11 or 12 months a ...

Cyprus has celebrated a major “green” milestone for its hotels, just as the government has announced a new package of support measures to shield the industry from regional instability, according ...

The Cyprus Statistical Service (Cystat) on Thursday announced the publication of a detailed economic roadmap for 2022, showing that the total value of goods and services supplied and used in the ...