#business

Cyprus-based publisher Digital Vortex Entertainment on Wednesday announced its participation in BitSummit PUNCH, where it will present its upcoming title DREADMOOR alongside developer Dream Dock. The event, described as Japan’...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday said that the European Central Bank (ECB) is increasingly likely to raise interest rates in June, while stressing that any ...

The University of Cyprus has appointed professor Constantine Dovrolis as the first holder of the XM Chair in Artificial Intelligence, marking the formal launch of a ten-year, XM-funded initiative worth ...

Deloitte on Wednesday published the results of the fifth edition of its Middle East and Cyprus Technology Fast 50, showcasing the region’s fastest-growing technology startups and the founders driving a ...

The Cyprus Shipping Chamber (CSC) held its 37th annual general meeting in Limassol on Wednesday, bringing together Cyprus’ political leadership, government officials, industry representatives and associates from Cyprus and abroad ...

President Nikos Christodoulides on Wednesday welcomed official estimates showing Cyprus’ GDP grew by 3 per cent year-on-year in the first quarter of 2026, describing it as the highest growth rate in the ...

Cyprus’ GDP grew by 3 per cent year-on-year during the first quarter of 2026, significantly outperforming both the euro area and the European Union. According to figures from both the Cyprus Statistical ...

Cyprus has placed gender equality in maritime firmly on the European agenda during its Presidency of the Council of the European Union, with Gender Equality Commissioner Josie Christodoulou calling for ...

Investors increased their bets on ​the Bank of England ‌raising rates in the coming months as ​global markets responded ​to the latest increase in ⁠tensions in the ​Strait of Hormuz ...

The Panama Canal is facing a renewed rush for priority passage, with shipowners and charterers paying millions of dollars to secure faster transit as disruption around the Strait of Hormuz ...

Demetra Holdings Plc on Wednesday announced that it completed the purchase of 7,050 of its own shares on May 12, acting through its brokerage representative CISCO to execute the latest round of ...

The Cyprus Development Bank Group (CDB) on Wednesday reported total net income of €17.2 million for 2025, marking a 25 per cent decline when compared with the €22.8 million recorded in 2024. The drop in ...

Eurolife on Wednesday announced that it has been recognised as the leading life insurance company in Cyprus, securing the title of Best Life Insurance Company Cyprus 2026 at the Global Banking ...

Independent power transmission operator Admie has received approval to submit a request to the European Investment Bank (EIB) for the funding of a due diligence study on the Greece-Cyprus electricity ...

Cyprus used two maritime events in Chios and Brussels this week to push its shipping priorities, with Deputy Minister of Shipping Marina Hadjimanolis calling for stronger cooperation, wider inclusion and ...

Scheduled for a 2029 debut, the digital euro is designed to fundamentally redefine European finance as the digital twin of physical cash. Functioning as the third pillar of the European monetary ...

The Bank of Cyprus maintained its position as one of the strongest banking investment stories in the region during the first quarter of 2026, with both Deutsche Bank and Euroxx Securities ...

Cyprus’ betting market continued to strengthen in the fourth quarter of 2025, with total gross revenue from Class A and Class B operators rising by 22 per cent year-on-year to €395.5 million, according ...

TechIsland announced this week that it has completed another phase of its wildfire recovery programme in Souni, as part of a broader initiative launched following the devastating wildfires that struck ...

Safe Bulkers has ordered four Japanese-built dry bulk vessels, including its first Capesize newbuilding, as the Cyprus-linked shipowner continues to renew its fleet with more fuel-efficient and environmentally advanced ships.  ...

The anti-money laundering unit (Mokas) and the Cyprus Compliance Association (CCA) recently signed a strategic memorandum of understanding (MoU), aimed at strengthening cooperation and practical engagement in the prevention and ...

President of the Cyprus Centre for European and International Affairs and University of Nicosia professor Andreas Theofanous will deliver a presentation at the informal ECOFIN Council of European Union finance ...

Seasonally adjusted services production decreased by 0.3 per cent in both the euro area and the European Union during February, according to a report from Eurostat. This slight contraction follows a ...

Cyprus Stock Exchange (CSE) chairman Marinos Christodoulides on Monday said that the institution is preparing for a new phase of privatisation, international expansion and technological modernisation. Speaking during an event ...