#business

Cyprus’ industrial production increased by 0.3 per cent year on year in June 2026, according to figures released by the statistical service (Cystat). The overall industrial production index reached 117.6 units, against a ...

Larnaca is advancing heritage projects, digital tourism and accessibility improvements under its 2026 tourism action plan, with proposals ranging from a marine education centre at Pervolia Lighthouse, also known as the ...

President Nikos Christodoulides’ official visit to Kazakhstan has given a fresh boost to economic and business cooperation between the two countries, the presidency said. Christodoulides travelled to Astana in early ...

The Cyprus Shipping Chamber (CSC) has backed the proposed national artificial intelligence (AI) strategy, following a meeting with Chief Scientist for Research, Innovation and Technology Demetris Skourides. During the visit ...

Plans to develop Larnaca port and marina and Vasiliko port, together with the expansion of Latchi port, were discussed during a meeting this week between Transport Minister Evi Tsolaki and ...

Safe Bulkers extended the application deadline for its 2026 – 2027 scholarship programme to September 7, 2026, with ten scholarships worth €10,000 each available to students seeking a career in the maritime industry. The sixth annual ...

George Pantelides leaves Deloitte after more than 20 years to become chief executive of Hellenic Healthcare Group (HHG) on January 1, 2027, taking charge of the private healthcare provider with operations in Cyprus ...

The share of workers using artificial intelligence on the job has doubled in two years, reaching 52 per cent in 2026, while users report saving a median of three hours a week, ...

A master plan formally submitted under the name “Fasouri School”, and described in accompanying technical documents as the “Fasouri Academy and Sports Hub”, is being examined by the authorities for ...

Satellite internet of things (IoT) connections are forecast to surge from 7.7 million in 2023 to 197.7 million by 2035, according to new research by Omdia, as businesses increasingly turn to satellite networks for ...

The global enterprise application market grew 13 per cent by mid-2026, but the latest figures show AI’s impact is being felt unevenly across software categories, according to IDC research. In ...

Deposits held with Cyprus financial institutions increased by a net €562.3 million in July, while total loans declined by €68.7m, according to figures released by the Central Bank of Cyprus (CBC). ...

Bank transfers accounted for 85 per cent of the total value of government receipts during the first half of 2026, reflecting the state’s rapid shift towards digital payments, accountant-general Andreas Antoniades ...

Parents in Cyprus face large differences in the price of school supplies as they prepare for the new school year, with school bags alone ranging from €1.89 to nearly €210, according to ...

Cyprus’ unemployment rate fell to 3.6 per cent in the second quarter of 2026, from 4.3 per cent a year earlier, as employment continued to grow, according to the state statistical service (Cystat). ...

Cyprus’ petroleum product sales returned to annual growth in July, rising 1.3 per cent to 146,656 tonnes, according to figures released on Thursday by the state statistical service (Cystat). The result marked ...

A master plan formally submitted under the name “Fasouri School”, and described in accompanying technical documents as the “Fasouri Academy and Sports Hub”, is being examined by the authorities for ...

The global entertainment and media industry is expected to generate $4.2 trillion in revenue by 2030, supported by AI-powered advertising and continued demand for live experiences, according to PwC. The firm’s ...

The luxury lifestyles presented by some of Cyprus’ best-known social media personalities have proved far less impressive once tax officials looked beyond their carefully curated photographs. Audits of people with ...

The Association of Cyprus Banks (ACB) expanded its financial literacy initiatives during 2025 and the first half of 2026, supporting national efforts to improve financial education as Cyprus experienced strong economic growth ...

EU imports of goods from outside the bloc rose 9.9 per cent in the second quarter of 2026 compared with the previous quarter, while exports increased 5.4 per cent, according to Eurostat, as ...

Cyprus is due to receive three credit rating decisions in September, with DBRS Morningstar, Standard & Poor’s and Capital Intelligence Ratings scheduled to review the Republic’s standing before ...

The European Central Bank (ECB) is moving ahead with plans to build an integrated European market for tokenised assets, Executive Board member Piero Cipollone said on Wednesday, warning that fragmented ...

Cyprus faces three credit rating decisions in September Cyprus is due to receive three credit rating decisions in September, with DBRS Morningstar, Standard & Poor’s and Capital Intelligence Ratings ...