#business

The European Central Bank (ECB) raised its three key interest rates by 25 basis points on Thursday, citing continued inflationary pressures from the conflict in the Middle East and warning that ...

Cyprus technology sector leads decades-long surge in productivity Productivity growth in Cyprus remained concentrated in a small number of sectors over the past three decades, with information and communications technology (...

Cyprus recorded a 3.5 per cent year-on-year increase in agricultural output prices in the second quarter of 2026, making it the third-highest increase in the European Union, according to Eurostat data published ...

Cyprus’ cabinet on Thursday approved five tourism incentive schemes covering Kato Pyrgos, conferences, foreign sports teams, rural experiences and Christmas villages, seeking to attract visitors beyond the island’s established ...

George Karatzias was appointed chairman of the Cyprus Securities and Exchange Commission (CySEC) on Thursday, returning to the regulator just over two years after leaving to become an executive director ...

Cyprus’ state-owned asset management company Kedipes expects its repayments to the government to exceed €2 billion during the final quarter of 2026, as it moves away from loan portfolio sales and places ...

The Finance Ministry announced on Thursday that the final trading date for the 13-week Treasury bills 6th edition, Series 2026, will be September 14, 2026. The government securities, which are traded under the ...

Cyprus and Bahrain step up efforts to expand trade and investment ties Cyprus and Bahrain are seeking to deepen business and maritime cooperation, with Cyprus Chamber of Commerce and Industry (...

Passenger traffic through Larnaca and Paphos airports was 7.9 per cent higher in the first eight months of 2026 than in the same period of 2024, despite a sharp spring disruption linked to ...

Europe is facing an “existential” question over its place in a world increasingly shaped by artificial intelligence, economic protectionism and the growing power of China and India, former Portuguese minister ...

Safe Bulkers has raised €80.4 million from its private placement, giving the Cyprus-linked dry-bulk shipowner additional room to fund its sizeable newbuilding programme while keeping the option of further vessel purchases ...

Cyprus still has plenty going for it in investors’ eyes, but expensive energy, slow paperwork and limited international connections are taking some of the shine off the island’s business ...

The Limassol Chamber of Commerce and Industry (Evel), in co-operation with the Italian Embassy in Cyprus, will hold a major business forum on shipping and Cyprus-Italy economic relations on October 9, 2026, ...

The board of directors of Mitsides Public Company Ltd will convene on September 28, 2026, to review and consider the approval of the interim consolidated financial statements for the period ended June 30, 2026. ...

Cyprus, Greece, Malta and Italy have agreed to strengthen their common front on European shipping, signing a joint declaration in Limassol on Wednesday as they seek greater influence over decisions ...

The Bank of England will hold Bank Rate at 3.75 per cent for the rest of the year and through at least mid-2027, according to a Reuters poll of economists who ...

British food price inflation is likely to climb to nearly 4 per cent by the end of the year and exceed 6 per cent by the middle ​of 2027 due to the ongoing ...

Booking Holdings (BKNG.O) on Wednesday lost its fight against an EU antitrust veto ​of its €1.63 billion ($1.90 billion) ETraveli acquisition three years ‌ago, as Europe’s second-highest court sided with ...

Transport Minister Evanthia Tsolaki has described the prospect of a tram system in Limassol as “very promising”, as a multidisciplinary team examining the city’s future transport network studies more ...

The value of substantive foreign direct investment (FDI) in Cyprus rose by around 10 per cent in 2025, compared with the previous year, President Nikos Christodoulides said on Wednesday, as he outlined ...

Beer deliveries in Cyprus fell by 2.3 per cent in August 2026 compared with the same month a year earlier, although exports recorded a sharp increase, the Cyprus Statistical Service (Cystat) said ...

The government on Wednesday announced two new housing schemes aimed at expanding affordable housing options, allowing families to add an extra floor to existing homes and making state-owned plots available ...

The Cyprus Scientific and Technical Chamber (Etek) has opened applications for its sixth participatory budget, offering members funding for projects designed to produce practical benefits for both the profession and ...

Safe Bulkers is looking to raise fresh capital through a private placement of approximately 12 million new common shares, with the proceeds earmarked for its newbuilding programme and potential further vessel ...