Business

‘Provided that we do not have any breakdowns’ Cyprus’ electricity grid is equipped to meet the increased demand which is forecast over the summer amid rising temperatures and the subsequent ...

Kyndryl has introduced a new artificial intelligence (AI) orchestration capability designed to help companies move beyond experimentation and siloed workflows and begin deploying AI agents across critical business operations at ...

Cyprus recorded one of the European Union’s widest gaps in home energy efficiency improvements between vulnerable and better-off households in 2025, according to new data released by Eurostat. The latest ...

SSH Solar Finance PLC announced on Tuesday that it will proceed with the payment of interest for its green bonds for the period covering January 31, 2026, to July 31, 2026. The company, which ...

Demetra Holdings Plc announced on Tuesday that it completed a buyback of its own shares during the previous day. Specifically, the company executed the purchase of 5,600 shares at a price ...

A heatwave and the men’s World Cup drove up consumer spending in Britain ​in June, according to data published on Tuesday. Barclays ‌and the British Retail Consortium said the ...

Capital.com reported $1.13 trillion in client trading volumes for the second quarter of 2026, with volume traded in Gold markets accounting for 42.4 per cent of total platform volume, the highest share ...

The International Maritime Organisation (IMO) has called for an end to attacks on civilian shipping linked to geopolitical conflicts, as its governing Council reaffirmed the need to protect freedom of ...

Construction employers’ association Oseok has condemned illegal practices by any contractor or business operating in Cyprus’ construction sector, while warning that the industry continues to face a severe shortage of ...

Planning and permitting delays can add around €60,000 to the average price of a new apartment in Cyprus, without increasing a developer’s profit by a single euro.  According to Yiannis ...

Cruise technology provider cruisePAL, which operates an office in Limassol as part of its international network, has restructured its senior leadership team as the company seeks to separate long-term strategic ...

DP World, the global ports operator with a direct presence at Limassol port, is planning a new UAE east coast gateway that would allow cargo to bypass the Strait of ...

Major technology conferences, international business events and the growing presence of foreign companies in Limassol have become a vital buffer against a sharp decline in tourism this year, according to ...

A Cyprus-flagged container ship remained disabled off Oman, with one Indian seafarer still missing, after an Iranian strike sparked an engine-room fire, forced the crew to abandon the vessel and ...

The Human Resource Development Authority of Cyprus (Anad) paid out €11.7 million to businesses in Limassol between the start of 2025 and the end of the first half of 2026, reflecting the district’...

Stellantis said on Monday preliminary second-quarter vehicle shipments rose 10 per cent from a ​year earlier to nearly 1.6 million units, driven ‌by strong growth in North America, its most important market. ...

The European Banking Authority (EBA), the regulatory agency for the EU banking sector, recently published the final technical package for version 4.3 of its reporting framework. This release establishes new reporting ...

The European Commission this week formally appointed executive vice-president Raffaele Fitto as its new special representative for Cyprus, confirming his role in supporting United Nations-led efforts to reunify the island. ...

The European Securities and Markets Authority (ESMA), the primary European Union regulator and supervisor, has launched the collection of data from national authorities and officially appointed mechanisms today. This initiative ...

The Limassol Chamber of Commerce and Industry (Evel) has said the wastewater disruption that recently triggered an indefinite strike by tanker operators could have been avoided, arguing that it had ...

Meta has discontinued an AI feature launched last ​week that allowed users to generate images using public Instagram accounts, ‌after drawing widespread criticism over privacy concerns, including from a Hollywood ...

The Larnaca Chamber of Commerce and Industry (Evel) and Gender Equality Commissioner Josie Christodoulou discussed ways to strengthen women’s participation in business and promote equal opportunities during a recent ...

The European Securities and Markets Authority (ESMA), the financial markets regulator and supervisor for the European Union, has published the annual market capitalisation and market capitalisation ratios for all EU ...

Cypriot beverage maker Keo is awaiting final government approvals to proceed with a €50 million investment in a new distribution and spirits bottling centre in Limassol, one of the largest private ...