Business

Cyprus has received a credit rating upgrade from international agency DBRS Morningstar, moving from “A (low)” to “A” with a stable outlook. Saturday’s upgrade reflects the country’s improving ...

The Cyprus Institute of Neurology & Genetics (CING) this week launched the clinical phase of its COMFORTage research project on dementia, marking World Alzheimer’s Day on September 21. Alzheimer’s ...

Daily wrap-up of business & economy stories from the day before The Finance Ministry, the Cyprus Stock Exchange (CSE) and its employee unions signed an agreement on Friday to transfer ...

The Cyprus Chamber of Commerce and Industry (Keve) announced this week the launch of the first incubation cycle of Space BIC, a specialised initiative run by the Eratosthenes Centre of ...

Intel this week said that it has lowered its full-year 2025 adjusted operating expense target to $16.8 billion, from $17 billion earlier, to reflect the deconsolidation of its programmable chip business, Altera. Shares ...

Tesla shares jumped 6 per cent earlier this week after CEO Elon Musk disclosed his purchase of about $1 billion worth of the electric vehicle-maker’s stock, in the latest vote of ...

In the world of crypto investing, stability and adoption often drive institutional decisions. Cardano (ADA) and XRP have consistently emerged as favorites for large-scale investors due to their proven infrastructure, ...

Cyprus has “no intention”a to “create a confrontation with the Greek government” over the matter of the Great Sea Interconnector, Finance Minister Makis Keravnos said on Friday. He had ...

On the occasion of World Cleanup Day, CMA CGM Cyprus joined the global movement by organizing a cleanup event at Polemidia Hill in Limassol.   Its team members, together with CEVA ...

A family of Irish repeat visitors has been honoured by the Larnaca mayor and the tourism development authority for making more than 30 trips to the city, the municipality announced on ...

Artificial intelligence and automation are transforming Europe’s banking sector, reshaping employee roles, working models and skills requirements, Jens Tau, chairman of the Banking Committee for European Social Affairs (BCESA) ...

Net demand for loans rose in the second quarter of 2025, driven by both businesses and households, according to the Central Bank of Cyprus’ (CBC) bank lending survey. In addition, the ...

FLOSS developers, open technology innovators, researchers, and small teams in Cyprus and Greece are invited to apply for the latest round of NGI0 (Next Generation Internet) funding, with upcoming deadlines ...

The Finance Ministry, the Cyprus Stock Exchange (CSE) and its employee unions signed an agreement on Friday to transfer staff to the public service. The agreement was formalised in the ...

This month is shaping up to be the strongest September for tourist arrivals in Cyprus in recent memory, according to Victor Mantovani, honorary president of the Association of Cyprus Travel ...

Cyprus is stepping up efforts to deepen economic and innovation ties with India, presenting itself as a reliable business partner and gateway to Europe, Deputy Minister of Research, Innovation and ...

Louis plc has announced that its board of directors will meet on September 25 in order to review the company’s financial results for the half-year that ended on June 30, 2025. The ...

Demetra Holdings Plc on Friday announced the repurchase of 5,750 of its own shares at a price of 1.685 cents each on September 18, 2025. The company provided a detailed breakdown of the repurchase, ...

Cypriot beverage company KEO PLC this week reported a net profit of €3.23 million for the first half of 2025, down from €3,529,000 in the same period in 2024. According to a filing on ...

The Bank of Cyprus (BoC) on Friday announced that it hosted the certification ceremony for the “STEAME Teacher Facilitator” micro-credential earlier this week. The event took place on Wednesday, September 17, ...

Cyprus’ Deputy Shipping Minister Marina Hadjimanolis showcased the advantages of the Cyprus registry and the wider maritime cluster during a reception at the High Commission of Cyprus in London, organised ...

Cyprus has been placed at the centre of Europe’s tax policy debate following a two-day visit by a delegation from the European Parliament’s Subcommittee on Tax Matters (FISC). ...

Top Kinisis Travel Public Limited has reported a net loss of €181,642 for the first half of 2025, compared with a profit of €29,082 for the same period last year. The company’s ...

US credit rating agency Moody’s Ratings flagged several potential risks in Oracle Corp’s (ORCL.N) $300 billion of recently signed artificial intelligence contracts, but stopped short of taking ratings ...