#business

Russia hopes by mid-July to have a commercial logistics hub up and running in one of two berths at the naval base it leases in the Syrian port of Tartous, ...

Copper Island has delivered on its promise to bring high-profile film productions to Cyprus, with Academy Award nominee and Hollywood A-list star Clive Owen now on the island to shoot ...

Global share and bond markets and oil prices steadied on Thursday after the week’s ​reignition of Middle East hostilities and heavy selling of AI chipmakers. Oil prices dipped for ...

Renewed tensions in the Middle East have added another layer of uncertainty for Cyprus, with economist Tassos Yiasemides warning that a prolonged crisis could slow the island’s economic growth. ...

Cyprus showcased its agri-food products at the Summer Fancy Food Show 2026, as part of a wider push to strengthen the island’s export presence in the US and other international ...

Cyprus services sector expands across all activities in 2024 Cyprus’ tertiary sector recorded growth across all economic activities in 2024, according to the findings of the services and transport survey released by ...

Passenger traffic at Cyprus’ two airports fell by 4.11 per cent in June, a smaller decline than the sharper losses recorded earlier in the year, according to Hermes Airports.  A total ...

Volkswagen’s (VOWG.DE) proposal to cut up to ​100,000 jobs and close four German factories faces a major test on Thursday as the groups that control Europe’s largest carmaker ‌...

Vassiliko Cement Works Public Company Ltd has completed the payment of its approved dividend, with eligible shareholders receiving €0.23 per share as of July 7, 2026, the company announced. The dividend comprised €0.22 per ...

Limassol-based Island Oil (Holdings) Ltd has announced the acquisition of two oil tankers, Island Polaris and Island Horizon, further expanding its owned fleet as it seeks to strengthen its position ...

Keo plc shareholders approved a dividend of €1.69 million at the company’s annual general meeting on July 8, 2026, with the payment set to be distributed to eligible investors by August 17, 2026. According ...

The Cyprus Securities and Exchange Commission (CySEC) on Thurssday highlighted its contribution to Cyprus’ Presidency of the Council of the European Union, saying it played an active role in negotiations ...

The digital asset market is entering a more demanding phase, one in which technology alone is no longer enough. After years in which crypto was often discussed through the lens ...

The security situation around Iran’s southern coast worsened again on Thursday, after the US launched a fresh round of strikes on Iranian targets and Tehran responded by firing at ...

The Bank of Cyprus and Wealthyhood have launched a co-branded investment platform aimed at making investing more accessible in Cyprus, with the app available to all residents regardless of whether ...

Cyprus’ property market is evolving beyond a single national narrative, with regional differences, affordability pressures and changing buyer priorities increasingly defining its direction. At the same time, policymakers and industry ...

The Digital Cooperation Organisation (DCO) has launched a new guidebook designed to help governments develop ethical artificial intelligence policies, unveiling the initiative during a high-level event held alongside the first ...

Deputy Shipping Minister Marina Hadjimanolis has reaffirmed Cyprus’ commitment to international maritime cooperation during a reception held at the headquarters of the International Maritime Organisation (IMO) in London, as the ...

The Central Bank of Cyprus (CBC) has highlighted a new warning from the European Systemic Risk Board (ESRB) over the growing cyber risks posed by advanced artificial intelligence models, saying ...

The Cyprus Securities and Exchange Commission (CySEC) has warned regulated financial firms to strengthen their anti-money laundering controls following the end of the European Union’s transition period under the ...

Cypriot founder Nicole Georgiou has launched i spy in London, a new fashion-tech platform aiming to rethink the way people discover, save and shop the outfits they see online.  The 25...

Airbus (AIR.PA) on ​Wednesday revised down its 20-year industry-wide forecast for passenger aircraft demand by 1 per cent after the Iran war and trade tensions slammed ‌the brakes on what ...

German carmaker Mercedes-Benz (MBGn.DE) said on Wednesday sales in its core ​car business continued to fall ‌in the second quarter, declining 8 per cent year-on-year due to intense competition in ...

Britain’s jobs market downturn eased slightly last month, according to a survey of recruitment companies on Wednesday that ​showed an upturn in temporary hiring and starting ‌salaries. The monthly ...