Business

Here are the top business stories in Cyprus from the week starting May 11: Eurobank S.A. released its interim consolidated financial statements on Monday, providing further detail on its performance ...

The Cypriot tax landscape has undergone a significant recalibration following the entry into force of a broad package of fiscal reforms, effective as from the January 1, 2026. Although a considerable part ...

The European Securities and Markets Authority (ESMA) recently published the findings of its 2025 Common Supervisory Action review, revealing that while most fund managers are compliant, significant governance weaknesses remain across ...

Global shipping is facing a deepening shortage of seafarers just as geopolitical instability, rising trade demand and decarbonisation are placing heavier pressure on the industry, according to Uniteam Marine. The ...

By Maria Demertzis Mark Carney’s call for an age of middle powers in the World Economic Forum this year has left European capitals in an awkward place. For Canada, ...

European investment banking and asset management group Wood & Company this week published an analysis of Greek and Cypriot banks, focusing on valuation, profitability and shareholder distributions. The report, whose ...

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

The European Union recorded an increase in greenhouse gas emissions during the fourth quarter of 2025, with figures reaching 839 million tonnes of CO2-equivalents, according to Eurostat. Specifically, Eurostat reported a 0.9 ...

The Cyprus Chamber of Commerce and Industry announced this week that it will host a specialised seminar in Nicosia to help local companies unlock business opportunities through the strategic use ...

The European Commission recently adopted three legislative proposals aimed at creating a seamless travel experience by simplifying the booking process for long-distance and cross-border rail journeys. These measures deliver on ...

The Trump administration should screen cutting-edge artificial intelligence models for security threats before they ​are publicly released and withhold lucrative government ‌contracts from those that fail review, an advocacy group ...

The government will be accepting proposals for the third energy efficiency plan for homes in September, with a budget of €20 million, the energy ministry announced on Friday. Energy Minister Michael ...

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

The European Central Bank (ECB) has expanded its macroeconomic modelling toolkit to incorporate nature degradation and climate-related shocks into its regular forecasting. Indeed, ECB executive board member Philip Lane recently ...

The movement against foreclosures on Friday threatened to take the President Nikos Christodoulides’ veto of a law passed by parliament regulating the matter to the European court of justice, arguing ...

The XM Group has established itself as a premier international provider of online trading services over a period exceeding 15 years, according to a statement by the company’s co-CEO Stavri ...

Road freight transport activity in Cyprus recorded significant increases in both domestic and international movements during the fourth quarter of 2025, according to a report from the state statistical service (Cystat). ...

Cyprus has placed the strengthening of the Single Market at the centre of its EU Presidency agenda, Energy, Commerce and Industry Minister Michalis Damianou said on Friday. The minister delivered ...

Europe’s financial sector is changing rapidly. How would you describe the next stage of digital investing? Europe’s financial evolution is entering a new phase. For many years, the ...

Government officials, industry leaders and international institutions on Friday assessed Europe’s economic trajectory at the “Shaping Europe’s Growth and Competitiveness” conference held in Nicosia. The event, organised by ...

The 24/7 Crypto Market Has Changed How Traders Work Crypto trading does not fit neatly into a normal working day. Bitcoin can move sharply overnight. Ethereum can react to ETF flows, ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it signed a strategic partnership agreement with the Cyprus Information Technology Enterprises Association (CITEA), aimed at strengthening the ...

Cyprus’ shipping sector was brought into the classroom on Friday, as sixth-grade pupils at the 2nd Primary School of Germasogeia took part in an interactive workshop aimed at introducing children ...

Cyprus’ high-end property market recorded €197.7 million in major transactions during the first quarter of 2026, with Limassol and Paphos dominating the island’s most expensive sales, according to data released by ...