#business

Cyprus’ trade deficit widened to €3.87 billion in the first half of 2025, compared to €3.65 billion in the same period last year, according to a report released on Monday by the state ...

The Cyprus Stock Exchange (CSE) on Monday announced the suspension of trading for several listed companies on the regulated market due to their failure to submit and publish their annual ...

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of recent decisions involving investment firms, administrative fines, revocations of earlier rulings and the granting of an exemption under ...

Cyprus is losing millions in unpaid taxes after thousands of cases fell outside the legal deadline for assessment, the audit service has warned. In its latest report on the tax ...

VAT revenues from the EU’s e-commerce systems brought €257.9 million into Cyprus’ coffers in 2024, according to tax commissioner Sotiris Markides. Through the One Stop Shop (OSS) and Import One Stop ...

The Bank of Cyprus is doubling down on its innovation drive this October, launching its sixth fintech hackathon while also joining TechIsland’s donor network to help strengthen the island’...

With quantum computing on the horizon, cryptographers are working to secure digital communications against a new generation of potential threats. By Anthony King How do you outsmart a computer that ...

The International Maritime Organisation’s (IMO) Maritime Safety Committee (MSC) has called for a comprehensive overhaul of the International Safety Management (ISM) Code, warning that the rules no longer reflect ...

Rental prices in Cyprus have not increased significantly, as the market has successfully managed to balance rising demand, particularly from students, with the addition of new housing units, according to ...

The Xbox platform is facing mounting criticism from developers, former industry leaders, and insiders, who cite mounting concerns about Microsoft’s current strategy, communication practices, and the long-term sustainability of ...

Cybersecurity concerns are intensifying in Cyprus as global Distributed Denial of Service (DDoS) attacks rise sharply, placing pressure on national infrastructure and prompting renewed investment in digital defences. A new ...

The Cyprus Chamber of Commerce and Industry (Keve), in its role as coordinator of the Enterprise Europe Network Cyprus, will host a women’s business delegation from Lithuania on September 24, 2025. ...

The Cyprus Institute of Neurology and Genetics (CING) has officially joined the European research project PoCCardio, a major initiative focused on improving the prediction and prevention of myocardial infarctions. The ...

Tesla (TSLA.O) for years had more repeat US customers than any other major automotive brand but its loyalty has plunged since CEO Elon Musk endorsed President Donald Trump last ...

Here are the top business stories in Cyprus from the week starting August 4: Cyprus recorded the lowest annual inflation rate among eurozone countries in July 2025, with consumer prices rising by ...

European governments are taking steps to break their dependence on critical scientific data the United States historically made freely available to the world, and are ramping up their own data ...

Activity in Britain’s construction sector fell by the most in more than five years last month, according to a survey that raises questions about whether the government will achieve ...

The European Commission has disbursed nearly €76 million to Cyprus, representing the fourth payment under the Recovery and Resilience Facility (RRF), a key part of NextGenerationEU. In total, the commission has ...

At a glance, US President Donald Trump appears to be winning the trade war he unleashed after returning to the White House in January, bending major trading partners to his ...

Google (GOOGL.O) has signed agreements with two US electric utilities to reduce its AI data center power consumption during times of surging demand on the grid, the company has ...

Spotify (SPOT.N) said this week that it would increase monthly price of its premium individual subscription in select markets from September, as the Swedish streaming giant looks to improve ...

Star Bulk Carriers, with ship management offices in Limassol, Cyprus, has reported its 20th consecutive profitable quarter, posting second-quarter 2025 net income of US$0.04 million, EBITDA of US$55.9 million and a ...

The European Commission has disbursed nearly €76 million to Cyprus, representing the fourth payment under the Recovery and Resilience Facility (RRF), a key part of NextGenerationEU. In total, the commission has ...

Ship management firm Columbia is calling for urgent reforms in Greece’s maritime education to address a shortage of qualified seafarers. The company, headquartered in Limassol but with 33 management offices ...