Business

By Christodoulos Patsalides, governor of the Central Bank of Cyprus (CBC) The banking sector today operates in an environment characterised by heightened uncertainty and a multidimensional, dynamically evolving web of ...

Renewable power such as wind and solar provided a record 52.5 per cent of Britain’s electricity generation ​in 2025, government data has shown, ‌but fossil fuel use also rose. Britain has ...

The Eurosystem, the collective body comprising the European Central Bank (ECB) and the national central banks of the 20 member states that have adopted the euro, published its comprehensive payments strategy ...

Energy Minister Michalis Damianos outlined his ministry’s 2025 achievements and priorities for 2026, while acknowledging ongoing uncertainty surrounding the delayed Vasiliko natural gas project. Speaking at a press conference on Friday, ...

Labour Minister Marinos Mousiouttas on Friday presented the government’s support plan for the hotel industry, following a morning meeting with hotel associations and trade unions, as authorities moved to ...

The European Union will inevitably consider easing its ‌budget deficit rules if the US-Israeli war against Iran continues to drive up energy costs for families and businesses, Italy’s economy ...

In early 1976 in California, Steve Wozniak had just completed the design of a computer circuit board he intended to share with fellow hobbyists at a prominent local club. His friend ...

The global IPO market has needed a win for years and Elon Musk’s SpaceX could be the breakthrough. The last company to make a market debut at over a ...

Amazon’s Leo satellite internet unit signed a deal with Delta Air Lines to provide in-flight Wi-Fi on 500 of the airline’s planes starting in 2028, inking its second major partnership ‌...

The European Central Bank (ECB) recently released its Consumer Expectations Survey results for February 2026, revealing trends in inflation, income, spending, economic growth, and housing. The fieldwork for the survey was ...

The Central Bank of Cyprus (CBC) announced on Friday that the €5 silver collector coin “Rigaina’s castles” has been fully sold out at its counters, reflecting strong demand from collectors ...

Labour Minister Marinos Moushiouttas on Friday presented the government’s support plan for the hotel industry, following a morning meeting with hotel associations and trade unions, as authorities moved to ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a circular requiring EU investment firm branches operating in Cyprus to submit their annual risk-based information for 2025. The circular introduces Version 3 ...

The Deputy Ministry of Shipping has announced the launch of this year’s Gender Equality in Cyprus Shipping Award 2026, marking the third edition of the initiative. The award was established ...

The Cyprus Statistical Service (Cystat) on Friday reported that the price index of crop production recorded an annual increase of 3.24 per cent in the third quarter of 2025 compared with the ...

Officials signed an agreement on Thursday to construct a new building for the Cyprus University of Technology (Tepak) in Larnaca. The project will house the School of Marine Sciences, Technology ...

More electricity smart meters are being installed this month on a large scale, the electricity authority (EAC) announced on Friday, reminding consumers that power will be cut off for about 20 ...

At a time when the Eastern Mediterranean and the Middle East are experiencing profound instability and human suffering, the gravity of ongoing events cannot and must not be overlooked. At ...

The Cyprus Composite Leading Economic Index (CCLEI) recorded a marginal year-on-year decrease in March 2026, signalling a potential shift in economic momentum, according to the Economics Research Centre of the University ...

Energy Minister Michalis Damianos on Friday confirmed the commercial viability of the ‘Pegasus’ deposit in block 10, a newly discovered offshore gas field. Speaking at a press conference, Damianos said a ...

Cyprus recorded a 4.1 per cent annual increase in its industrial turnover index in January 2026, according to figures released on Friday by the Cyprus statistical service (Cystat), with manufacturing, electricity and ...

The Famagusta district is opening the tourist season under clear pressure, with the flow of new hotel bookings down 40 per cent from the same period last year and occupancy at ...

The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced a matchmaking event at the upcoming GITEX AI Europe 2026 conference. The event is being organised by Enterprise Europe Network ...

Limassol container terminal operator Eurogate CTL on Friday announced that a large-scale rescue exercise was successfully carried out at the company’s facilities at Limassol port. The exercise involved Eurogate ...