Business

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 ...

The conversation about breaking down silos inside large organisations has been running for decades. It tends to blame culture. Or leadership. Or the wrong incentive structures. Rarely does it blame ...

Aegean Airlines reported higher revenue and passenger traffic in the first quarter of 2026, although its seasonal loss widened sharply as foreign exchange losses and pressure from the Middle East crisis ...

Louis Hotels has invested more than €30 million in renovations across Cyprus and Greece over the past three years, as the group continues to upgrade its portfolio despite a more challenging ...

Citigroup has raised its target price for Eurobank to €5.00 from €4.70, maintaining a buy recommendation following stronger first-quarter results and an upgraded profitability outlook. The investment bank said that, based on ...

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 ...

Cyprus must focus on commercialising research into market-ready products, according to Rana K. Gupta, Executive Director of the MIT Deshpande Centre, who spoke to the Cyprus Mail ahead of his ...

The redevelopment of Heroes Square and the surrounding streets in central Limassol is expected to be delivered on June 15, around a month later than initially planned, Limassol Mayor Yiannis Armeftis ...

The Trump administration plans to unveil a framework for trading tokenized or ​digital versions of securities, Bloomberg News has reported, citing people familiar with the matter. The US Securities and ...

The Bank of England is considering imposing “temporary guardrails” on stablecoin volumes that could be issued under its regulatory framework instead of holding limits, Deputy Governor Sarah Breeden said this ...

Tourism is closely tied to national stability, with arrivals down 6.5 per cent, President Nikos Christodoulides said on Tuesday. Speaking at the presentation of the new development tourism strategy of the ...

The Finance Ministry on Tuesday confirmed that trading in the 13-week Treasury Bills of the second 2026 issuance will end on May 25, 2026, ahead of their maturity on May 29, 2026. The announcement concerns ...

The Bank of Cyprus (BoC) on Tuesday announced that 276,274 new shares issued to senior executives under incentive schemes will begin trading on May 20, 2026, on both Euronext Athens and the Cyprus ...

The Central Bank of Cyprus (CBC) on Tuesday issued an official public notice announcing that all banking institutions across the island will be closed to the public on June 1, 2026. The ...

European Maritime Day (EMD) 2026 will take place in Limassol on May 21 and 22, bringing Europe’s maritime community to Cyprus for two days of discussions on maritime affairs, the sustainable blue ...

Paphos is stepping up efforts to strengthen its position as a smart and sustainable tourism destination through its participation in the European project SMART TOUR – Smart Tourism, Smart Destinations.  The ...

Demetra Holdings PLC on Tuesday announced it completed the purchase of 6,540 of its own shares through the Cyprus Investment and Securities Corporation Limited (CISCO) on May 18, just weeks ahead of ...

Koumis signals cautious optimism for tourism recovery Deputy Minister of Tourism Kostas Koumis on Tuesday said that Cyprus’ tourism sector is showing signs of gradual recovery, urging caution in interpreting ...

Limassol breaks into global top 200 startup cities The Research and Innovation Foundation (RIF) on Tuesday highlighted Cyprus’ strong performance in the StartupBlink Global Startup Ecosystem Index 2026, with the country climbing ...

Greek lender Eurobank S.A. on Tuesday announced the successful pricing of a €700 million senior preferred bond issue, marking a strong return to debt markets supported by robust investor demand. ...

European Affairs Deputy Minister Marilena Raouna travelled to Strasbourg this week to represent the Council of the European Union at the European Parliament’s plenary session, with cybersecurity and Europe’...

Revocations of certificates and permits issued through Cyprus’ fast-track licensing procedure should be halted until a wider review is completed, Cyprus’ Scientific and Technical Chamber (Etek) said after a meeting ...