#business

Oil prices rose 1 per cent on Monday on worries over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar. Brent crude was up 62 cents, or 0.9 per ...

The Cyprus Employers and Industrialists Federation (Oev) has urged lawmakers to speed up work on a long-delayed bill regulating the management of co-owned buildings, warning that the legislation affects thousands ...

Cyprus’ seasonally adjusted unemployment rate climbed to 5 per cent in July 2025, rising slightly from 4.7 per cent in June and 4.7 per cent a year earlier, according to Eurostat figures released on ...

The merger between Hellenic Bank and Eurobank Cyprus began today, September 1, 2025, with the transfer of all assets and liabilities of Eurobank Cyprus to Hellenic Bank. At the same time, the ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday launched a new quiz designed to help investors assess their ability to recognise investment fraud. According to an official announcement, the ...

Chief Scientist Demetris Skourides recently carried out an introductory visit to the SOZO Brain Center in Cyprus, according to an announcement released on Monday. The visit allowed Skourides to review ...

Cubic Games, part of Cyprus-based GDEV, is focusing on community-driven growth for its hit title Pixel Gun 3D rather than on traditional traffic acquisition marketing, according to chief marketing officer ...

Safe Bulkers Inc., listed on the New York Stock Exchange and led by Cypriot CEO Polys V. Hajioannou, has extended the application deadline for its 5th Annual Scholarship Programme for ...

Dell raised its annual revenue and profit forecasts on Thursday, buoyed by demand for its artificial intelligence-optimized servers that are powered by Nvidia’s advanced chips. Shares fell around 5 per ...

The Middle East smartphone market recorded remarkable growth in the second quarter of 2025, according to new research from industry analysts Canalys. Excluding Turkey, shipments in the region rose by 15 per ...

Public cloud services spending in Europe is set to total $229 billion in 2025 and is projected to reach $452 billion by 2029, according to the Worldwide Software and Public Cloud Services Spending Guide ...

Oil prices fell on Friday but are set for a weekly gain, caught between expectations of lower demand as the end of summer nears in the United States, the world’...

Apple said on Thursday Britain’s plans to increase competition in the mobile operating system market could harm users and developers, and potentially force the company to share its technology ...

Resurgent European bank shares, up over 40 per cent this year, face testing times with sentiment already being challenged by renewed French uncertainty. Still, investors may find it hard to ignore ...

The resilience of Cyprus’ electricity system is emerging as a critical priority, according to energy systems expert and former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas.  Speaking on the evolving ...

Here are the top business stories in Cyprus from the week starting August 25: A Europe-wide survey has ranked Cyprus fifth for expat entrepreneurs, citing its strong startup density and solid ...

The number of passengers passing through British airports in April to June rose to a record 81 million, beating the pre-pandemic high for the period, Britain’s aviation regulator said on ...

ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than $330 billion, driven by continued ...

Elias Maalouf crouched to examine a shrivelling grapevine in his ancestral vineyard in the sun-kissed plains of eastern Lebanon. Last year, Israeli air strikes kept him from picking most of ...

Deposits of Cypriot businesses reached a historic €12.5 billion in July 2025, up from €11.7 billion at the end of last year and €9.18 billion in December 2019, according to Central Bank of Cyprus (CBC) ...

A look at the day ahead in European and global markets from Gregor Stuart Hunter Tech stocks are pulling back after Nvidia released earnings that any other CEO would probably ...

A group of finance industry bodies is calling for a rethink on looming regulatory standards that they say will make it difficult for banks to participate in crypto markets. The ...

Toyota Motor’s global sales rose in July for a seventh consecutive month, anchored by robust demand in North America and strong performance of hybrid and new electric models in ...

The Index of Industrial Output Prices in Cyprus stood at 122.8 units in July 2025, based on 2021 as the reference year, showing a decrease of 0.2 per cent compared to June, according to ...