#business

European enterprises increasingly reorganised their operations between 2021 and 2023 by relocating business activities to partners abroad, a trend primarily driven by a desire to reduce costs and sharpen focus on core ...

The Cyprus Securities and Exchange Commission (CySEC) has launched a public consultation to gather feedback on proposed amendments to the Financial Conglomerates Directive aimed at aligning national legislation with new ...

Seasonally adjusted production in the construction sector rose by 0.9 per cent in the euro area and 0.8 per cent in the EU during October 2025 compared with the previous month, according to ...

A potential return to normal Red Sea and Suez Canal routings looms large over the container shipping market outlook, with the shift expected to have a material impact on ship ...

The US auto safety regulator said this week that it has opened a defect investigation into Tesla Model 3 compact sedans over concerns that emergency door release controls may not be ...

After celebrating Donald Trump’s second presidential term by swilling cocktails and partying to Snoop Dogg at a pre-inauguration event in January, the crypto industry went on to notch major ...

Dealmakers got what they wanted in 2025: an almost record-breaking year for mergers and acquisitions despite a turbulent spring that threatened hopes of a revival in activity during US President Donald ...

The European Union agricultural sector saw a significant 9.2 per cent increase in labour productivity in 2025 compared with the previous year, as rising income and a shrinking workforce combined to boost ...

The Cyprus Institute of Certified Public Accountants (Selk) welcomed the passage of Cyprus’ long-awaited tax reform by the House of Representatives, saying the vote marks a major institutional shift after ...

The European Union has seen a significant divergence in its economic sectors as of October 2025, with services recording a substantial 16.4 per cent increase since the start of the pandemic while ...

Foreign direct investment in Cyprus totalled €365.07 billion in 2024, with Russia remaining the largest single source despite a sharp decline, according to data on inward investment positions published on Wednesday by ...

Invest Cyprus described parliament’s approval of the tax reform as a very positive development, saying it closes an important, if not the most important, chapter for business and foreign ...

The Cyprus Bankers Employeers Association and the Cyprus Union of Bank Employees (Etyk) signed the new collective labour agreement on Wednesday, covering the years 2023 to 2027. The agreement was signed at ...

TechIsland welcomed the adoption of the tax reform by the House of Representatives, saying it concludes an extensive institutional process aimed at modernising Cyprus’ tax framework. In a statement, the ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a final reminder to Crypto-Asset Service Providers (CASPs) operating in the Republic that they must apply for authorisation under the Markets ...

The Cyprus Institute of Certified Public Accountants (Selk) welcomed the passage of Cyprus’ long-awaited tax reform by the House of Representatives, saying the vote marks a major institutional shift after ...

Volunteering begins with “wanting to be there, wanting to offer and wanting to dedicate time”, according to Konstantina Logotheti, head of marketing and communications at PwC Cyprus and director of ...

The intention to revise the minimum wage is legitimate and reflects the pressures faced by households, according to Fiscal Council president Michalis Persianis. He also warned that any decision should ...

Celestyal Cruises this week announced the launch of the inaugural regional season of Celestyal Discovery, marking a further step in its expansion beyond the Mediterranean and anchoring its winter programme ...

The Central Bank of Cyprus (CBC) announced on Turesday that the Cyprus banking sector remained strongly capitalised, highly liquid and continued to improve its asset quality in the third quarter ...

Marinos Kineyirou has been re-elected president of the Cyprus Real Estate Agents Registration Council, after securing a substantial majority of the vote in an election seen as crucial for the ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday published a formal Consultation Paper to gather views from industry stakeholders on the implementation of a new law governing the establishment ...

Work on what will become the largest coastal pedestrian walkway in Cyprus is moving into its final stages in the Peyia-Kissonerga area of the Akamas municipality, with the project already ...

The employers and industrialists federation (Oev) this week welcomed the timely passage of tax bills by the House of Representatives, saying their approval before year-end reflects effective coordination and institutional ...