Business

George Metzakis, CEO of Cyta, joined the board of directors of TechIsland, bringing more than 17 years of telecommunications experience across Cyprus and international markets. Metzakis assumed the role of CEO ...

Cyprus has stepped into the European debate over how shipping and ports can remain competitive while meeting increasingly demanding energy, security and decarbonisation requirements, with Shipping Deputy Minister Marina Hadjimanolis ...

The Mall of Cyprus (MC) Plc increased first-half profit by 25.5 per cent in 2026, helped by higher income from commercial space and lower finance costs, while its cash position also strengthened. ...

An emergency fund can feel like money sitting idle. But if your income stopped tomorrow, how long could you cover your rent, bills and groceries without borrowing? An OECD survey ...

Around 80 per cent of dangerous goods incidents reported to IATA in the first half of 2025 involved undeclared or hidden hazardous goods, prompting the airline industry body to call for tighter ...

Cyprus’ slow response to climate change and delays in the energy transition could pose a growing risk to the sustainability of public debt, Fiscal Council chairman Andreas Charalambous warned, pointing ...

Artificial intelligence is set to fundamentally reshape retail banking in Europe by 2030, with early adopters expected to pull significantly ahead of competitors, according to new research from Visa. The study, ...

Artificial intelligence is already reproducing human biases and gender stereotypes, making the participation of women in the design and development of technology increasingly important, Gender Equality Commissioner Josie Christodoulou said ...

Greek food manufacturer E.I. Papadopoulos SA saw sales exceed €250 million in 2025, although higher costs weighed on profitability, as the company presses ahead with a €59.6m investment at its Volos ...

Mitsides Public Company Ltd increased first-half profit by almost 14 per cent in 2026 despite a slight decline in sales, helped by a stronger gross margin and lower financing costs. According to ...

An EU-backed entrepreneurship scheme in Cyprus is expected to support the creation of around 800 new businesses and more than 1,600 jobs, as the island continues to channel cohesion-policy funding into business ...

The Cyprus Securities and Exchange Commission (CySEC) has called on fund managers and self-managed investment funds to submit their third-quarter statistical returns by October 30, 2026, warning that late or incomplete filings ...

PepsiCo is set to raise prices for some chips to keep pace with inflation, a spokesperson for the company said, as the Lay’s maker works ​to revive sales in ...

Tesla is beginning deliveries of its Semi trucks to a first set of customers this week, executives said ​at its plant in Sparks, Nevada, almost nine years after CEO Elon ‌...

Cyprus’ deep-tech ecosystem has grown to more than 150 start-ups, backed by almost €1 billion in competitive research and innovation funding over the past decade, according to ecosystem mapping presented at the ...

Cyprus’ Research and Innovation Foundation (RIF) has more than tripled the number of EU state aid provisions it uses to fund research and innovation, expanding from three key articles in 2016 ...

Cyprus Investment Firms have been told they cannot retain interest generated on client funds held with banks, after Cyprus Securities and Exchange Commission (CySEC) adopted a new European supervisory position ...

The statistical service (Cystat) on Tuesday reported that the Industrial Production Index recorded an annual increase of 1.5 per cent in July 2026. The index reached 129.2 units during the month, using 2021 as ...

An EU-backed entrepreneurship scheme in Cyprus is expected to support the creation of around 800 new businesses and more than 1,600 jobs, as the island continues to channel cohesion-policy funding into business ...

Bank of Cyprus (BoC) ranked 19th among the world’s mid-sized banks in Forbes’ first World’s Top Performing Banks ranking, making it the only Cypriot lender to feature on ...

Cyprus is hosting the official launch of MEDCONNECT, a three-year EU-funded project led by the Cyprus Marine and Maritime Institute (CMMI) that will test 15 innovative solutions aimed at restoring marine ...

Greece’s shipping policy has helped prevent additional energy costs from feeding through to the wider economy, Shipping and Island Policy Minister Vassilis Kikilias said in an interview with Real ...

The Cyprus Cement Public Company saw first-half profit rise to €5.4 million, driven largely by a stronger contribution from associate Vassiliko Cement Works, according to the company’s latest financial results. ...

International Chamber of Shipping (ICS) secretary general Thomas Kazakos put freedom of navigation and the need for a predictable global regulatory framework at the centre of talks in Washington last ...