Business

Retail trade in Cyprus, excluding motor vehicles, recorded strong annual growth, according to a report by the Cyprus Statistical Service (Cystat). Specifically, the turnover value index of retail trade increased ...

The Republic of Cyprus will repay a zero-interest government bond a week from today, with the final interest payment made on the same day, according to an announcement by the ...

Eurobank S.A. on Monday announced that it repurchased 1,758,500 of its own shares under its approved share buyback programme between January 26, 2026 and January 30, 2026. The purchases followed the commencement of the ...

Agros Development Company Proodos Public Ltd, which owns the Rodon Hotel, has announced a strategic change to its corporate governance, following a decision by its board of directors to appoint ...

MPs examining the Cyprus Gaming and Casino Supervision Commission’s 2026 budget on Monday highlighted a surge in casino revenues alongside mounting competitive risks from Greece and the Middle East. The ...

Equine Capital Partners celebrated its third anniversary on January 29 at the Landmark Hotel in Nicosia, marking a significant milestone for a firm that has become one of the most prominent ...

Long before Alejandro Betancourt López built a portfolio spanning eyewear, ride-sharing, and energy investments, he was a young man in South America with a habit that irritated the people ...

Cypriots are increasingly favouring digital payment methods, with card transactions now accounting for 75 per cent of total payment volume, the second-highest share in the eurozone after Portugal, according to data ...

The PLANBEE launch conference in Amman marked the official start of a new Bee Economy movement in Jordan, bringing together regional and European stakeholders under a Cyprus-backed initiative. The event, ...

Former Disy leader Averof Neophytou has argued that the Cypriot economy is currently being undermined by an unsustainable surge in the state payroll which could otherwise be used to fund 15,000 ...

Budget airline Wizz Air on Monday announced an expansion of its Larnaca base for the summer of 2026, adding a new destination and increasing frequencies across multiple existing routes. The airline ...

Petrolina (Holdings) Public Limited has completed the acquisition of ExxonMobil Cyprus Limited, with the transaction finalised end of January, 2026, the company said in a filing to the Cyprus stock exchange (...

The Cyprus Securities and Exchange Commission (CySEC) has released a statement drawing attention to an invitation for Cypriot small and medium-sized enterprises to participate in a questionnaire on the use ...

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of settlements and administrative fines targeting violations of securities and transparency legislation by regulated and listed entities. Firstly, CySEC ...

Amid this trend, DogeStaking is rapidly gaining attention from investors. Through intelligent staking pools and automated yield distribution mechanisms, the platform lowers the barrier to participation, enabling users to generate ...

Money growth slowed down in the euro area during December 2025, with households and businesses adding to their savings at a more modest pace during this time, according to a report ...

Euro area net saving fell to €863 billion in the four quarters to the third quarter of 2025, according to a report from the European Central Bank (ECB). This compared with €877 billion ...

Global shipments of smartphone AMOLED panels are forecast to decline to 810 million units in 2026, marking a significant year-on-year contraction after three consecutive years of growth, according to the latest data ...

A European Central Bank (ECB) survey has shown slightly higher consumer perceptions of past inflation, alongside shifting expectations across income, growth, housing and credit conditions. Specifically, the ECB reported that ...

The most serious issue facing Paphos tourism is its seasonality, head of the Paphos Regional Tourism Board (Etap) Nasos Hadjigeorgiou said on Sunday, adding that there is no holistic approach ...

As the cryptocurrency market gears up for another potential bull run, investors are turning their attention toward early-stage projects that combine strong fundamentals with working products. One such project making ...

EU-funded researchers are developing a new generation of ocean sensors able to monitor previously hard-to-reach areas, promising clearer insight into how marine ecosystems are responding to climate change. By Michael ...

There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as a tourist destination, according to Cyprus Hoteliers Association (Pasyxe) president Thanos Michaelides. These ...

Cyprus recorded the highest level of non-performing loans in the European Union in 2024, highlighting a key vulnerability in public sector balance sheets, according to Eurostat. The data published by Eurostat ...