Business

Business & economy wrap-up from the day before Cyprus has emerged as one of the top economic performers in the European Union during the final months of last year, according ...

Seasonally adjusted services production increased by 0.2 per cent in the euro area and by 0.3 per cent in the EU in December 2025, compared with November 2025, according to Eurostat. This marginal growth ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced new internationalisation opportunities for local small and medium-sized enterprises seeking to expand their operations into the Chinese market. This initiative ...

The International Air Transport Association (IATA) this week released data on global passenger demand for January 2026, showing continued growth in air travel, with demand rising 3.8 per cent year-on-year despite calendar ...

Elon Musk’s Tesla (TSLA.O) gained market share in France and Norway in February, official data showed, signalling stabilisation in Europe after two straight years of declining sales. In ...

Wanchain has facilitated over $130 million in total transfer volume connecting Cardano to the wider crypto ecosystem. Data shows that Cardano received net inflows surpassing $80 million through these bridging operations. While ...

Wizz Air UK has received the necessary permits to operate flights between the United Kingdom and the United States, the airline announced on Friday. The regulatory approval allows the carrier ...

Extreme scenarios causing unnecessary panic for Cyprus economy, board warns The Famagusta regional tourism board (Etap) on Friday called for calm and restraint amid concerns over regional tensions. In an ...

The Central Bank of Cyprus (CBC) on Friday reported a sharp decline in total net new loans in January 2026. Specifically, the figures showed that total net new loans fell by €377.7 ...

Cyprus continued to outperform most eurozone economies in fiscal balance in 2025, according to analysis released by Eurobank research economist Michail Vassileiadis, based on preliminary fiscal data and the first estimate ...

AAlchemy Ventures hosts its AAlchemy Growth Lab Demo Day on March 9 at the CYENS Centre of Excellence, bringing together founders, investors, and innovation leaders to meet the startups finishing the ...

Beer deliveries in Cyprus were broadly flat in February 2026, according to figures released by the statistical service (Cystat). Domestic deliveries edged up by 0.5 per cent to 2.45 million litres, from 2.43m ...

Cyprus has emerged as one of the top economic performers in the European Union during the final months of last year, according to the latest data from the bloc’s ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced the launch of a public consultation on proposed amendments to its directive governing the register of beneficial owners of express ...

Total employment in Cyprus increased by 2 per cent year-on-year during the fourth quarter of 2025, reaching an estimated 519,116 people, according to provisional national accounts data from the state statistical service (Cystat). ...

The Cyprus Federation of Employers and Industrialists (Oev) said this week that a revised decree on the employment of foreign students from third countries had been published in the Official ...

Cypriot shipping companies with vessels stranded in the Persian Gulf and the Gulf of Oman due to Iranian threats in the Strait of Hormuz have so far reported no direct ...

A global energy crisis triggered by the war in Iran appears increasingly likely in the short term, although a prolonged and catastrophic disruption remains less probable due to market resilience ...

Cyprus remained in positive territory for Jumbo Group at the start of 2026, with the retailer reporting a 3 per cent rise in February sales and a 6 per cent increase over the ...

The Cyprus Employers and Industrialists Federation (Oev) has established a new committee on education, training and the attraction of young talent as part of its broader strategy to strengthen workforce ...

When entrepreneurs explore company formation, many establish a website as one of their first business assets. As time goes on, their initial choices may no longer be the most cost-effective. ...

Bank employees’ union Etyk has reached a preliminary agreement with the management of Societe Generale for the renewal of the collective balance for the period 2023 to 2027, following intensive negotiations. “This ...

More than 20,000 seafarers and 15,000 passengers are stranded in the Persian Gulf because of the war in the Middle East and the blockade of the Strait of Hormuz, International Maritime Organisation (...

The Cyprus Shipping Chamber (CSC) welcomed the publication of the European Industrial Maritime Strategy and the EU Ports Strategy by the European Commission, stating that the initiatives underline the maritime ...