Business

Safe Bulkers has raised €80.4 million from its private placement, giving the Cyprus-linked dry-bulk shipowner additional room to fund its sizeable newbuilding programme while keeping the option of further vessel purchases ...

Commercial transactions are founded on trust and on the expectation that every payment serves a specific purpose. A deposit, the purchase price or any other payment is made because the ...

Cyprus still has plenty going for it in investors’ eyes, but expensive energy, slow paperwork and limited international connections are taking some of the shine off the island’s business ...

The Limassol Chamber of Commerce and Industry (Evel), in co-operation with the Italian Embassy in Cyprus, will hold a major business forum on shipping and Cyprus-Italy economic relations on October 9, 2026, ...

The board of directors of Mitsides Public Company Ltd will convene on September 28, 2026, to review and consider the approval of the interim consolidated financial statements for the period ended June 30, 2026. ...

Cyprus, Greece, Malta and Italy have agreed to strengthen their common front on European shipping, signing a joint declaration in Limassol on Wednesday as they seek greater influence over decisions ...

The Bank of England will hold Bank Rate at 3.75 per cent for the rest of the year and through at least mid-2027, according to a Reuters poll of economists who ...

British food price inflation is likely to climb to nearly 4 per cent by the end of the year and exceed 6 per cent by the middle ​of 2027 due to the ongoing ...

Booking Holdings (BKNG.O) on Wednesday lost its fight against an EU antitrust veto ​of its €1.63 billion ($1.90 billion) ETraveli acquisition three years ‌ago, as Europe’s second-highest court sided with ...

Transport Minister Evanthia Tsolaki has described the prospect of a tram system in Limassol as “very promising”, as a multidisciplinary team examining the city’s future transport network studies more ...

The value of substantive foreign direct investment (FDI) in Cyprus rose by around 10 per cent in 2025, compared with the previous year, President Nikos Christodoulides said on Wednesday, as he outlined ...

Beer deliveries in Cyprus fell by 2.3 per cent in August 2026 compared with the same month a year earlier, although exports recorded a sharp increase, the Cyprus Statistical Service (Cystat) said ...

German aviation group Lufthansa announced this week that it will gradually resume its flight connections to Dubai starting from late October. During peak operational periods, the airlines belonging to the ...

 Does knowing the “average salary” in Cyprus make you feel better or worse about your own finances? Here’s why comparing your income to national averages and other people’s ...

House president Annita Demetriou on Wednesday called on the government to abandon its current policy of “ambivalence, doublespeak, and inertia” over the Great Sea Interconnector, stressing that the project is ...

The government on Wednesday announced two new housing schemes aimed at expanding affordable housing options, allowing families to add an extra floor to existing homes and making state-owned plots available ...

The Cyprus Scientific and Technical Chamber (Etek) has opened applications for its sixth participatory budget, offering members funding for projects designed to produce practical benefits for both the profession and ...

Safe Bulkers is looking to raise fresh capital through a private placement of approximately 12 million new common shares, with the proceeds earmarked for its newbuilding programme and potential further vessel ...

Panikkos Vakkou is expected to move from the Cyprus Securities and Exchange Commission (CySEC) to the Central Bank of Cyprus (CBC) as an executive director, in a reshuffle that would ...

The European Researchers’ Night will return to Nicosia on Friday, September 25, 2026, marking 20 years of bringing science and research closer to the public in Cyprus with an event at the Cyprus ...

A major international success was achieved by Andreas Shiamishis, the Cypriot Chief Executive Officer of HELLENiQ ENERGY, who secured first place as top CEO in the “Mid-Cap Oil & Gas” ...

Cyprus’ trade deficit widened sharply in the first seven months of 2026 as imports rose by 11.4 per cent, significantly outpacing the growth in exports, according to provisional data released by the ...

Cyprus, Greece, Malta and Italy have agreed to strengthen their common front on European shipping, signing a joint declaration in Limassol on Wednesday as they seek greater influence over decisions ...

Investment firm Demetra Holdings Plc repurchased 3,116 of its own shares on September 8, 2026, as part of an ongoing buyback strategy executed on the Cyprus Stock Exchange (CSE). According to an announcement ...