Business

Cyprus has moved beyond talking about becoming a technology hub, but its next challenge is harder: turning new AI infrastructure, global partnerships and university-led research into companies that can compete ...

Cyprus is to open a trade centre in Mumbai, President Nikos Christodoulides announced on Thursday, with the centre set to open its doors in September. “As part of our ongoing ...

KPMG Cyprus partner Christophoros Anayiotos said Cyprus’ technology sector has moved from the margins of the economy to one of its strongest engines of growth, contributing €5.9 billion, 16.2 per cent of ...

TechIsland chairman Valentinos Polykarpou said Cyprus’ transformation into a technology hub is no longer an aspiration but “a fact”, as he called for a broader investment in people to ensure ...

Alphabet’s Google on Tuesday put AI agents directly into its search box and ​rolled out a faster, cheaper version of its Gemini model, aiming to blunt gains by rivals ...

Cyprus-based entrepreneur Yannik Schmidt-Grimm, founder of dreamfactory Hospitality and guest automation platform Foyera, has outlined how building from Paphos shaped his company’s strategy, scaling approach and technological focus, as ...

Cyprus recorded a 51 per cent uptake of e-business applications in 2025, placing it close to the European Union average, according to a report from Eurostat. Across the EU, just over half ...

Cyprus recorded a year-on-year inflation rate of 3 per cent in April 2026, according to a report from Eurostat, as price pressures accelerated across the euro area and European Union. The figure ...

Cyprus’ housing market is showing renewed signs of pressure, with house prices and rents rising faster than the EU average, even though households on the island remain less burdened by ...

Global banking conglomerate HSBC this week released an investment report estimating that Greek banks remain among the primary beneficiaries of a more stringent monetary policy framework from the European Central ...

Ground handling is becoming more complex and the margin for error is shrinking, IATA’s Director Ground Operations Monika Mejstrikova said at the 38th IATA Ground Handling Conference in Cairo. ...

The Limassol regional tourism board (Etap Limassol) this week presented results from nine pilot actions under the HERIT ADAPT Interreg EURO-Med project, focusing on sustainable tourism and the impact of ...

The Cyprus Stock Exchange (CSE) has announced changes to the FTSE/CySE20 Index and broader CSE indices following a half-yearly review covering the period November 2025 to April 2026, according to an ...

Euronext announced a substantial increase in both its consolidated turnover and overall corporate profitability during the first quarter of 2026. The pan-European exchange operator witnessed a 15.3 per cent revenue expansion during ...

British inflation cooled by more than expected in April but the slowdown did little to mask ‌a tough outlook for households, with global costs from the Iran war set to ...

Cyprus will host a major EU digital policy conference in Nicosia next month, bringing together government leaders, technology executives and academics to discuss the future of artificial intelligence and Europe’...

Cosmos Insurance Public Company Ltd on Wednesday issued a formal regulatory announcement confirming that its shareholders have officially approved a total dividend distribution of €1,000,000, following decisions made at its annual ...

The search for a residence or investment in Limassol and Paphos is linked to two of the most dynamic and recognisable real-estate markets in Cyprus. Limassol, with its strong business ...

Cyprus secured a gold medal at the European Girls’ Olympiad in Informatics (EGOI 2026) for the second consecutive year, following strong performances at the competition held in Italy from May 12 to ...

Evripides Loizides has been re-elected as president of the Paphos Hoteliers Association, securing a renewed mandate for a new three-year term as the organisation looks to strengthen its role in ...

Greek lender Alpha Bank on Wednesday reported a strong operational performance in the first quarter of 2026, posting double-digit revenue growth and resilient profitability despite heightened geopolitical uncertainty, the bank announced. ...

Energean announced on Wednesday it has restored group production to over 150,000 barrels of oil equivalent per day, following the restart of the Energean Power FPSO in Israel after a 41-day ...

Ten Bank of Cyprus (BoC) Visa cardholders, each accompanied by a guest of their choice, will travel to Athens this week to attend the EuroLeague Final Four 2026, one of Europe’...

Cyprus’ harmonised inflation rate rose in April 2026, according to a report from the Cyprus Statistical Service (Cystat), with energy and transport costs driving both annual and monthly increases. Specifically, the ...