Business

Atlantic Insurance held its annual general meeting this week, where shareholders approved the company’s annual report for 2024. This included the management report, the corporate governance report, the audited consolidated ...

The Cyprus Property Developers Association this week welcomed progress in drafting a modern legal framework for co-owned buildings, saying it would address long-standing problems and improve residents’ quality of life.  ...

This year’s European Researchers’ Night is set to take place in Nicosia on Friday, September 26, offering Cypriot audiences a full-day programme of scientific and technological activities. The event, which ...

Lordos Hotels reported a sharp turnaround in its first-half results for 2025, posting a net profit of €605,800 compared with a loss of €236,800 a year earlier, the company said this week. Profits ...

Greek-retail group Jumbo this week reported a net profit of €117.18 million for the first half of 2025 and confirmed plans to open two new hyperstores in Cyprus over the next five ...

Law is a powerful profession. Some lawyers fight for justice in criminal courts, others help businesses with legal advice. Then there are family lawyers, civil lawyers, property lawyers, and many ...

The Digital Cooperation Organisation (DCO) this week announced the expansion of its WE-Elevate programme across all its member states, including Cyprus, on the sidelines of the 80th United Nations General ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced that it has reached four separate settlement agreements with employees of V.P. Magnetic Support Technologies Ltd over possible violations ...

The Central Bank of Cyprus (CBC) on Wednesday published updated data on non-performing loans and banking sector profitability, balance sheet and capital adequacy for the period ending June 30, 2025. According to ...

Pay settlements granted by British employers held at 3 per cent in the three months to August but many firms are now offering smaller rises in response to their higher labour ...

When Greek firefighters investigated the cause of a deadly wildfire near the Athens Riviera in August, they found a familiar culprit: a loose power cable whose sparks were blown across ...

As top 10 crypto coins continue to plateau, retail and institutional traders alike are exploring altcoins with strong fundamentals and long-term growth potential. Mutuum Finance (MUTM) is quietly emerging as a ...

The Central Bank of Cyprus (CBC) on Wednesday published updated data on non-performing loans and banking sector profitability, balance sheet and capital adequacy for the period ending June 30, 2025. According to ...

On September 19th, the Federal Reserve announced a 25 basis point cut in the federal funds rate this month, officially launching a new round of easing. This policy adjustment has had ...

Chief Scientist Demetris Skourides concluded a four-day visit to India on September 19, following a series of meetings with business, political and academic leaders aimed at deepening bilateral cooperation and exploring ...

As Cyprus, and the world, embraces digital payments, the latest report from the Central Bank of Cyprus (CBC) serves as a sobering reminder: with innovation comes vulnerability. The CBC’s ...

Cyprus is experiencing a milestone moment in its labour market. With unemployment dropping to 3.7 per cent in April 2025, the country is not only demonstrating economic resilience, but also leading the ...

The European Union posted a €23 billion trade surplus in high-tech products in 2024, returning to positive territory after a €15 billion deficit the year before and four consecutive years in the red, ...

Cypriot telecommunications trade union Epoet has called for the appointment of an executive chairman at Cyta, while at the same time reducing the powers of the chief executive officer (CEO). ...

Lordos United Public Ltd has reported a consolidated profit of €981,113 for the first half of 2025, an increase compared with €879,923 in the same period last year. The company announced the results ...

Leading Greek and international shipowners gathered in Athens on Tuesday for the TradeWinds Shipowners Forum Greece 2025, debating how to navigate geopolitical turbulence, commercial risk and the accelerating push to decarbonise ...

Demetra Holdings Plc on Wednesday reported a profit after tax of €10.23 million for the first half of 2025, equivalent to 5.11 cents per share, compared with €39.04 million or 19.52 cents per share in ...

Two loan agreements with a total value of €81 million will be signed on Thursday between the Finance Ministry and the European Investment Bank (EIB). According to an official statement from ...

Eurozone employees are reluctant to give up a significant share of their wages for the option to work from home, despite reporting high levels of satisfaction with hybrid arrangements, a ...