Business

Rising costs and worker shortages test resilience of Cyprus builders Cyprus’ construction sector maintained strong growth momentum in the first half of 2026, supported by a robust pipeline of new projects, ...

Morgan Stanley has updated its outlook for Greece’s major banks following their second-quarter results, raising price targets for Alpha Bank and the National Bank of Greece while maintaining a ...

Google parent Alphabet has overhauled the leadership of its artificial intelligence operations, moving Nobel laureate Demis Hassabis from the day-to-day running of Google DeepMind into a newly created group-wide science ...

Industrial producer prices in Cyprus rose by 0.3 per cent in June of this year, according to a report from Eurostat. The modest monthly increase in Cyprus followed a sharp gain ...

Cyprus has found its way onto National Geographic’s reading list, and this time the essential holiday packing begins with a novel. A seven-night escape to Larnaca inspired by Elif ...

Eurozone business activity jumped to an eight-month ​high in July as a rebound in services joined a strengthening manufacturing sector, but the ‌uncertain trajectory of the Middle East conflict continued ...

British new car registrations rose nearly 12 per cent in July, marking their best performance since ​2019 as battery electric vehicle (BEV) sales reached another record, ‌industry data showed on Wednesday. EV ...

Britain’s financial regulator said it was simplifying listing rules to make the country’s ​stock market a more attractive place for companies ‌to raise capital, seeking to reverse a ...

Greek Prime Minister Kyriakos Mitsotakis on Wednesday declared that the planned Great Sea Interconnector project will “end Cyprus’ energy isolation”, after French asset management firm Meridiam took a controlling stake ...

French asset management firm Meridiam took a majority share in the Great Sea Interconnector on Wednesday, buying Greece’s independent transmission system operator (Admie) out of its controlling stake. The ...

Enterprise technology service provider Kyndryl on Wednesday announced the expansion of its distributed cloud capabilities, using Microsoft’s AI-powered adaptive cloud approach. Designed to help customers innovate, modernise and simplify ...

Freedom24 announced on Wednesday a long-term strategic partnership with the Anorthosis Football Academy, becoming its principal strategic sponsor as part of a broader investment in youth football development in Cyprus. ...

Cyprus banks continued to offer deposit rates well below the eurozone average in June 2026, while significant differences in both savings and lending rates persisted across individual lenders, according to a ...

Cyprus and India should build a structured roadmap for cooperation in startups, research and technology, turning growing bilateral interest into measurable partnerships, Indian High Commissioner Manish Manish said.  In a ...

Cyprus hotel bookings have returned to a more normal pace, but August remains around 10 per cent behind, with operators relying on last-minute demand and discounts to support occupancy, the heads ...

Only 141 of the 728 hotels operating across Cyprus currently hold an operating licence, Paphos hoteliers association president Evripides Loizides said, warning that the problem requires immediate state intervention. Speaking to the ...

The Cyprus Stock Exchange (CSE) announced on Wednesday the outcome of its latest review of listed companies’ compliance with minimum market capitalisation requirements, confirming that one company will have its ...

Eight leading maritime associations, including the International Chamber of Shipping headed by Cypriot secretary-general Thomas Kazakos, have urged the United Nations and the International Maritime Organisation (IMO) to prevent the ...

Cyprus’ registered unemployed rose by 5.8 per cent in July, with the increase driven mainly by administrative and support services, accommodation and food services, public administration and education, according to a ...

Cyprus’ Industrial Turnover Index rose by 3.5 per cent in May 2026, reaching 148 units, according to figures released on Wednesday by the statistical service (Cystat).  For the first five months of the ...

Cyprus integration boosts Eurobank profits to €738m in first half of 2026 Eurobank posted higher profitability for the first six months of 2026, with the banking group highlighting Cyprus as one of ...

Demetra Holdings Plc purchased 3,960 of its own shares on August 4, 2026, as part of an ongoing share buyback programme executed through the Cyprus Investment & Securities Corporation Ltd (CISCO). The company ...

A last-minute rush by distressed borrowers has pushed applications to Cyprus’ mortgage-to-rent scheme beyond 4,200, prompting the government to extend the deadline for another two months.  The state-owned asset management company ...

A widening series of attacks on merchant vessels across the Strait of Hormuz, the Red Sea and the Black Sea is squeezing energy exports and raising the cost of moving ...