#business

British inflation hit its highest in 18 months in July when it increased to 3.8 per cent from 3.6 per cent, official data showed on Wednesday, once again leaving the country with the ...

European Central Bank (ECB) president Christine Lagarde has warned that the global economy is facing a period of heightened uncertainty, while underlining the resilience of both global and euro area ...

Cyprus recorded the lowest inflation rate in the European Union in July 2025, figures by both Eurostat and the Cyprus Statistical Service (Cystat) showed on Wednesday. Specifically, the Harmonised Index of ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that trading of the 13-week government bonds, 5th issuance of 2025, with the code TB13E25, will be suspended. Trading will be halted ...

Cyprus’ outdated property law allows nationals of third countries to acquire real estate, even as individuals, with little oversight, according to a recent response from the Interior Ministry to parliament.  ...

Cyprus has received more than 560 applications under its new affordable housing schemes since their launch last year, with officials saying the early response from both households and developers points to ...

Cyprus’ tourism sector is performing strongly this season, according to Cyprus Hoteliers Association (Pasyxe) director general Christos Angelides. Speaking to business outlet Economy Today, Angelides said the steady rise in ...

A wide-ranging survey on visitor satisfaction is currently being carried out in Paphos, with the aim of identifying areas of improvement. The initiative is organised by the Paphos regional tourism ...

The Sustainable Development Solutions Network (SDSN) Cyprus has expressed concern over the country’s ranking of 56th out of 167 nations and last in the European Union in the 2025 Sustainable Development ...

Tourist arrivals in Cyprus rose by 6.9 per cent in July, with well over half a million visitors being recorded, according to figures released on Tuesday by the state statistical service. ...

Cyprus is making impactful progress in developing a high-performance computing, chip and quantum cluster, following a recent meeting between Chief Scientist Demetris Skourides and Phystech Technologies founder and CEO Yuri ...

S&P Global on Monday affirmed its ‘AA+’ credit rating on the US, saying the revenue from President Donald Trump’s tariffs will offset the fiscal hit from his ...

Britain’s economy at the end of 2023 is now estimated to have been 2.2 per cent bigger than its peak immediately before the coronavirus pandemic, up slightly from a previous estimate ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced that it held “a constructive meeting” with tax commissioner Soteris Markides. According to the announcement, the chamber was represented ...

Oil prices fell on Tuesday as traders weighed the possibility that talks between Russia, Ukraine and the US to end the war in Ukraine could lead to the lifting of ...

Tourist arrivals in Cyprus rose by 6.9 per cent in July, with well over half a million visitors being recorded, according to figures released on Tuesday by the state statistical service. ...

Euromoney, an international magazine focused on banking, finance and financial markets, has named the Bank of Cyprus (BoC) the best bank in Cyprus in its 2025 awards for excellence. This marks ...

Larnaca’s €19 million sustainable mobility project has been officially launched following the signing of the construction contract at the Transport Ministry’s public works department. The contract, awarded to Araco ...

Cyprus recorded one of the sharpest declines in new business registrations in the European Union in the second quarter of 2025, while also posting one of the steepest rises in bankruptcies, ...

The Research and Innovation Foundation (RIF) on Tuesday launched a new call for proposals under a programme titled ‘Enhancing Business Capacity for New Product Development’. The programme offers eligible Cypriot ...

Germany said this week that the United States would have to follow through on agreed lower tariffs on Europe-made cars before a wider agreement on trade can be finalised in ...

The European Commission has launched a public consultation for the first review of the Digital Markets Act (DMA) Regulation, the Cyprus Chamber of Commerce and Industry (Keve) announced this week. ...

Sports media platform Tribuna.com co-founder Dmitry Navosha has shared his story with the Cyprus Mail in an in-depth interview covering the company’s transformation from Ukraine’s leading sports ...

Cyprus’ GDP growth rate in real terms for the second quarter of 2025 was positive, reaching an estimated 3.3 per cent over the corresponding quarter of 2024, according to the latest flash estimate ...