#business

Here are the top business stories in Cyprus from the week starting April 20: State Aid Commissioner Stella Michaelidou has approved a state grant to Plug and Play Cyprus Innovation Centre ...

Visa Hellas country manager Nikos Petrakis recently highlighted the growing shift towards invisible payments, as well as how technology is reshaping everyday transactions. Speaking to Athens-Macedonian News Agency (APE-MPE), Petrakis ...

If a hit to household finances is what dictates the economic impact of this oil shock, then European households have more savings insulation than their US counterparts, tempering a narrative ...

Britain’s employers showed signs ​of caution in March after the start of the Iran warwith a measure of hiring falling during the month and the lowest number of ‌job ...

Anthropic plans to provide access to its Mythos AI model to European banks soon, three people familiar with the matter said, as global banks scramble to test the technology after ...

Cyprus’ general government recorded a surplus of €119.40 million in the fourth quarter of 2025, compared with a €94.90 million surplus in the same period of 2024, according to the state statistical service (Cystat). ...

Land left dormant by the decline of the chemical industry in northeastern England has taken on a new lustre. Blessed with power plants, water and a grid connection, the site ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced a supplementary survey launched by the European Commission regarding the revision of European Union rules on electronic invoicing in ...

Construction output in the euro area and the European Union showed mixed monthly trends but remained weaker on an annual basis in February 2026, according to Eurostat. On a month-on-month basis, ...

British consumer morale last month hit ​its lowest level since mid-2023, according to two surveys this week, reflecting ‌the impact of the conflict in the Middle East. Inflation in Britain – ...

British businesses ramped up their expectations for selling prices in the year ahead, according to a survey published by the Bank ​of England on Friday that added to a run ...

Universal Golf Enterprises Plc on Friday announced that it secured planning approval for a photovoltaic park development as part of a broader reassessment of its land use strategy. The company ...

The Central Bank of Cyprus (CBC) on Friday announced the reference interest rate, under article 314A of the Cyprus Criminal Code, has been set at 11.72 per cent. The CBC stated ...

Senior executives from major Greek banking groups with operations in Cyprus used their participation at the Delphi Economic Forum to outline how trust, talent and artificial intelligence are reshaping the ...

The Mall of Engomi (ME) Plc and Mall of Cyprus (MC) Plc on Friday reported strong profitability for the year ended December 31, 2025, reflecting increased consumer activity, higher footfall and improved ...

Alpha Bank Cyprus participated as an official supporter in an event on women’s financial wellbeing, held at the Strovolos Cultural Centre “Nikolaos Mountis”, highlighting the importance of financial empowerment ...

Cyprus’ general government recorded a surplus of €119.40 million in the fourth quarter of 2025, compared with a €94.90 million surplus in the same period of 2024, according to the state statistical service (Cystat). ...

The Cyprus Information Technology Enterprises Association (CITEA) on Friday issued a warning over sharp increases in RAM prices and other critical technology components, following a meeting with Deputy Minister of ...

Demetra Holdings Plc on Friday reported a sharp decline in profitability for the year ended December 31, 2025, with net profit after tax falling to €10.66 million for the group and €10.72 million for ...

Vassilico Cement Works Public Company Ltd on Friday reported strong financial results for 2025, with net profit reaching €35.52 million for the group and €34.99 million for the company. The group recorded revenues ...

Global shipping leaders gathered in Singapore this week to discuss how geopolitical disruption, regulatory uncertainty, decarbonisation and digitalisation are reshaping the maritime industry, as the sector faces rising pressure across ...

Captain Iro Gidakou’s story begins, as many maritime stories do, with the sea. What sets it apart is everything that came after.  From Limassol to the bridge of an ...

Cyprus is the only EU country where girls aged 16 to 19 outperform boys in coding, according to a report from Eurostat, highlighting a noteworthy exception in digital skills trends across Europe. ...

Cyprus’ coastal policy in Limassol has entered a new phase, as local authorities and the national operator CYMEPA agreed not to submit applications for Blue Flag awards for beaches in ...