Business

Cyprus and Japan are moving to deepen cooperation across shipping, business, technology and higher education, following talks in Tokyo between Foreign Minister Constantinos Kombos and his Japanese counterpart Toshimitsu Motegi ...

The prospect of a major energy deal involving Russia’s Lukoil could create new strategic opportunities for Cyprus and Greece, while also changing how Washington approaches the war in Ukraine, ...

Cyprus has taken its research and innovation agenda to the global stage, with Chief Scientist Demetris Skourides representing the country at the ministerial roundtable of the 23rd Science and Technology ...

Bernhard Schulte Shipmanagement (BSM) has appointed Andreas Solomonides to lead its integrated ship management operations in Cyprus and Greece from January 1, 2027, bringing BSM Cyprus and BSM Hellas under a single ...

The Research and Innovation Foundation (RIF) on Monday launched a public consultation on Cyprus’ proposed research and innovation funding portfolio for 2028 to 2034, with stakeholders invited to submit their views by ...

Cyprus’ Industrial Turnover Index rose by 5 per cent in July 2026, reaching 168.8 units, as stronger turnover in the local market outweighed a sharp fall in exports, according to figures released on ...

Cyprus’ construction sector continued to expand strongly in June 2026, with 751 building permits authorised during the month, an increase of 18.3 per cent compared with June last year, according to the statistical ...

Technology giants such as Apple, Amazon and Google may pose a greater long-term threat to traditional banks than fintech companies, London Business School professor Costas Markides said, warning that control ...

Alpha Bank S.A. purchased 1,772,090 of its own shares on Euronext Athens between September 28, 2026 and October 2, 2026, for a total consideration of €8,142,149.75, the lender announced on Monday. The transactions were executed ...

A six-week-old tanker managed by Dynacom Tankers Management has been damaged after being struck by an unknown projectile in the Strait of Hormuz, with its engine room hit and the ...

Cypriot investment firm Demetra Holdings Plc bought back 1,507 of its own shares on October 2, 2026, as part of its ongoing share buyback programme, according to an announcement issued on Monday. The ...

The government approved an additional €2 million to ensure that all young people who have expressed interest in entering Cyprus’ primary sector can benefit from a new support scheme, President Nikos ...

Nicosia is seeking to attract more visitors from Greece by promoting its culture, gastronomy, events and surrounding countryside as part of a year-round tourism offering, according to Nicosia regional tourism ...

Eurobank repurchased more than 1.05 million of its own shares between September 28 and October 2 at a total cost of €5.02 million, as part of its ongoing share buyback programme. The bank announced ...

Inheritance is a fundamental institution of succession law, as it governs the transfer of a person’s estate upon death. Under Cyprus law, an estate devolves upon those entitled to ...

Cyprus and India are preparing the next phase of their maritime cooperation, with a business forum planned in Mumbai in November and Shipping Deputy Minister Marina Hadjimanolis expected to travel ...

Sustainable debt is becoming a more significant part of Cyprus’ financial market, although the country remains heavily dependent on a small number of government and banking issuances and has yet ...

The European Banking Authority (EBA) recently released its risk dashboard for the second quarter of 2026, confirming that banks across the EU and EEA continue to operate from a position of ...

Services accounted for more than half of the EU’s business economy value added in 2024, with the sector also employing more than half of the bloc’s business workforce, according ...

The European Securities and Markets Authority (ESMA) recently published its 2027 Work Programme, setting out plans to expand financial market supervision, simplify regulation and make greater use of data and artificial ...

British manufacturing cost pressures increased for the first time ​in four months in September, even as output grew ‌at its slowest pace since March, according to a report based on ...

The second ECT Forum will bring together academics, researchers, technology specialists and industry representatives in Nicosia on October 8 to examine how artificial intelligence and emerging technologies are changing the skills ...

Property investors in Britain are targeting defence ​clients to capitalise on growing spending on rearmament, including to occupy former bank offices in London’s Canary Wharf financial district, ‌real estate ...

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, recently launched a new Union Strategic Supervisory Priority (USSP) to help embrace innovation while protecting ...