Business

Paralimni’s central core is a step closer to a major overhaul after the municipality secured planning permission for a redevelopment designed to reshape the heart of the town and ...

The tax package that parliament passed on 22 December 2025 took effect on 1 January 2026, and half a year later the most common mistake is not a filing error. It is arithmetic based ...

Europe’s fragmented banking market has become a strategic vulnerability that could undermine the continent’s ability to finance its own future, according to Eurogroup President Kyriakos Pierrakakis. “Fragmentation is ...

Goldman Sachs expects the National Bank of Greece to make an interim distribution of around €220 million in the third quarter, despite management neither confirming nor ruling out such a move. ...

Greek food services conglomerate Vivartia group is in discussions over a potential sale of its food-service arm Evergood to a subsidiary of Fairfax Financial Holdings, with the talks having already ...

Hotel occupancy in the Paphos district is expected to reach between 85 and 90 per cent in August, according to Paphos hoteliers association president Evripides Loizides, who nevertheless warned that falling room ...

CoreWeave (CRWV.O) lifted its annual capital spending forecast ‌this week after beating second-quarter estimates, betting on a surge in demand for its AI cloud computing services, sending the company’...

Ryanair has announced that it will deploy Google’s Gemini AI tools and DeepMind models across its operations ​under a new five-year cloud partnership, using the technology to ‌help manage ...

Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, posted a record profit of 1.75 ​trillion Norwegian crowns ($184.3 billion) for the first half of the ​year, lifted by technology stocks, ...

European financial regulators have proposed ending initial margin requirements for both new and existing uncleared derivatives contracts for counterparties whose average derivatives exposure falls below the €8 billion threshold under the ...

Crypto.com has launched its Tokenised Stocks product across the European Economic Area (EEA) through Cyprus-regulated Foris Capital CY Limited, offering eligible users price exposure to 1,500 US stocks and exchange-traded ...

A sharp rise in building permits points to a stronger construction sector and a positive outlook for the wider Cypriot economy, according to the Cyprus employers and industrialists federation (Oev) ...

Road freight transport in Cyprus increased in the first quarter of 2026, with the weight of goods moved within the country rising by 2.3 per cent and freight transported to and from ...

Why boutique residences are becoming one of the most desirable ways to live — and how Visionnaire Residences brings this philosophy to life in Limassol. Boutique residences have always been a ...

Hotel occupancy in the Famagusta district is expected to reach between 80 and 85 per cent in August, as the tourism sector recovers from a difficult start to the season, according to ...

International Maritime Organisation (IMO) Secretary-General Arsenio Dominguez has condemned the deadly attack on the cargo ship Tihamah off Yemen, warning that continued violence against commercial vessels is endangering seafarers and ...

A bipartisan group of US lawmakers has called on Secretary of State Marco Rubio and US International Development Finance Corporation (DFC) chief executive Ben Black to make the Great Sea ...

Cyprus recorded 2,040 property sale contracts in July, the first month of 2026 to clear the 2,000 mark and an 11.4-per cent increase on the same month last year, according to analysis of ...

Sixteen bounced cheques worth a total of €40,799 were recorded last month, according to central bank data published on Wednesday. The number of bounced cheques fell by almost half compared with ...

Hotel occupancy in the Paphos district is expected to reach between 85 and 90 per cent in August, according to Paphos hoteliers association president Evripides Loizides, who nevertheless warned that falling room ...

Cyprus-based technology company Powersoft365 will return to Indonesia later this month with eight operational AI agents developed for the apparel, fashion and retail industry.  The company will showcase the technology ...

Article Summary: Arthur Hayes, head of Maelstrom, predicts that the Federal Reserve’s initiatives regarding the Japanese yen will drive up the prices of digital assets such as Bitcoin, while ...

AI increasingly shapes fintech jobs, research finds Cyprus remained the leading global hiring hub for online trading firms as of July 14, 2026, with 226 vacancies, even as overall recruitment across the sector ...

Analysis from the Central Bank of Cyprus links stronger internal audit to public trust The Central Bank of Cyprus (CBC) has published a piece of analysis by its internal audit ...