#business

Finance Minister Makis Keravnos on Friday called for greater flexibility in EU fiscal rules to allow member states to increase spending and support households and businesses struggling with inflation and ...

British long-term borrowing costs hit fresh multi-decade highs ​this week as part of ‌a global bond selloff driven by a sharp rise in oil prices triggered ​by attacks on shipping ​...

The Cyprus Institute of Neurology and Genetics (CING) will lead work on artificial intelligence in healthcare under PHAROS-CY, Cyprus’ national AI Factory Antenna, giving researchers and organisations greater access to ...

The prospect of higher interest rates weighted on Britain’s housing market last month, with downward pressure on house prices increasing for ​the first time in four months, the Royal ...

Cyprus has committed €13.5 million to European Space Agency (ESA) programmes for 2026 to 2028 as it seeks to strengthen its domestic space industry, support technology businesses and expand its role in Europe’...

Cyprus and Italy are seeking to deepen maritime cooperation and expand business partnerships across the blue economy, with officials from both countries highlighting opportunities in shipping, port infrastructure, logistics and ...

Demetra Holdings Plc repurchased 4,594 of its own shares on October 8, 2026, as part of its ongoing share buyback programme executed through Cyprus Investment and Securities Corporation Limited (CISCO). The company announced ...

Cyprus hospitality sector sees September occupancy surpass 80 per cent Restaurants and bars across Cyprus recorded occupancy rates of more than 80 per cent in September, with the head of the Cyprus ...

K+G Complex Public Company Ltd will consider whether to declare an interim dividend for 2026 at a board meeting on October 23, 2026, according to an official announcement. The company’s board ...

Eight companies listed on the Cyprus Stock Exchange (CSE) have failed to publish their half-year financial reports for the six months ending June 30, 2026, after the September 30 deadline passed, the exchange ...

Lidl Cyprus and Lidl Hellas will appoint Georgios Tokatlis as chief executive officer from March 1, 2027, replacing Miltos Forozidis, who will continue his international career within the Schwarz Group. The company ...

Cyprus’ construction sector recorded annual production growth of 1.1 per cent during the second quarter of 2026, while output prices increased by 4.9 per cent, according to figures released by the statistical service (...

Used vehicles continued to drive growth in Cyprus’ motor market during the first nine months of 2026, while registrations of new vehicles declined, according to figures released by the statistical service (...

Cyta showcased its business technology solutions and took part in discussions on leadership, youth development and innovation at INSPIRE 2026, an entrepreneurship festival, held in Nicosia on October 7-8. The telecommunications ...

Fuel costs continue to weigh on Cypriot motorists, with diesel prices reaching €2.126 per litre at the most expensive pump in the country and petrol prices remaining on an upward trend ...

Trips lasting at least one night by Cyprus residents rose by 13.3 per cent in 2025, reaching 3.82 million in total, as travel continued to increase across the European Union, according to figures ...

Cyprus’ property valuation professionals have called for faster building permit approvals, formal access to reliable property data and regular safety inspections of buildings, as the sector seeks to improve housing ...

The National Bank of Greece has bought back 715,447 of its own shares for a total of €12.29 million between September 30 and October 8, 2026, as part of a share repurchase programme approved by ...

The Cyprus Cement Public Company Ltd repurchased 2,170 of its own shares on October 8, 2026, through brokerage firm ProChoice Chrimatistiriaki Ltd as part of its ongoing capital management programme. The company issued ...

Cyprus’ short-term economic outlook improved in September 2026, supported by stronger property activity, increased card spending and rising retail sales volumes, although higher oil prices and weaker confidence among consumers and ...

A shortage of almost 39,000 qualified officers is adding to the challenges facing international shipping, with International Chamber of Shipping (ICS) Secretary General Thomas Kazakos calling for coordinated action on seafarer ...

Spyros Papavassiliou, deputy CEO and executive board member of Island Energies, formerly Island Oil (Holdings), received the 2026 ‘Ge’ Néo Epicheirein’ award for shipping enterprises, recognising his leadership and contribution ...

Safe Bulkers awarded €100,000 in scholarships to ten students for the 2026-2027 academic year, continuing its support for maritime education in Cyprus through a programme now in its sixth consecutive year.  ...

WISTA Cyprus brought members and their families together in Limassol for a children’s workshop dedicated to the Mediterranean monk seal, the sea and the marine environment, as part of ...