#business

The Economic and Financial Affairs Council (Ecofin), which convened under the Cyprus Presidency on Tuesday, has agreed on a €90 billion loan package for Ukraine to cover the country’s financing ...

Demetra Holdings Plc has announced that on February 16, 2026, it repurchased 6,100 of its own shares through the Cyprus Investment & Securities Corporation Ltd (CISCO). The buyback follows the authorisation provided at ...

Cyprus has significantly increased the number of licensed hotels, with the share rising to around 45 per cent from just 5-6 per cent in 2023, Deputy Minister of Tourism Kostas Koumis told ...

Wizz Air on Tuesday announced that it will host an online open day for the Wizz Air Pilot Academy in Larnaca tomorrow, following strong interest recorded at its most recent ...

Cyprus has outlined a broader push to digitalise public administration in 2026 after expanding online services last year, aiming to simplify procedures for citizens and businesses and move state operations onto ...

Cyprus recorded broad-based economic growth in 2025, with strong gains in tourism, construction, trade and manufacturing, according to a report by the Cyprus Statistical Service (Cystat). According to the figures, manufacturing ...

Cyprus aims to balance decarbonisation with competitiveness during its EU Council Presidency, Shipping Deputy Minister Marina Hadjimanolis said at the 9th Capital Link Cyprus Shipping Forum in Limassol, citing registry ...

In a strongly attended event focused on Cyprus’ sweeping tax overhaul, the Institute of Certified Public Accountants of Cyprus (Selk) gathered professionals and policymakers for its fifth tax conference, sending ...

The European Central Bank (ECB) on Tuesday detailed how persistently high electricity prices are undermining the European Union’s central strategy for achieving net-zero emissions through widespread electrification. The analysis ...

Ellinas Finance Public Company Ltd on Tuesday announced its admission as an affiliate member of FCI, strengthening its position in cross-border trade finance. The company, listed on the Cyprus Stock ...

Cyprus’ Real Estate Development Association pledged support for efforts to promote affordable housing at EU level during a meeting this week with Interior Minister Constantinos Ioannou. According to the association’...

A Mediterranean alliance led by Greece and Cyprus is taking shape ahead of crucial talks on maritime decarbonisation, as southern EU shipping powers push for a slower transition at the ...

The Cyprus Chamber of Commerce and Industry (Keve), the Cyprus Association of Research and Innovation Enterprises, and C.D Multimedia Services Ltd have announced that they will co-organise the Battlefield ...

The Cyprus Chamber of Commerce and Industry (Keve) is moving ahead with a digital overhaul aimed at upgrading services to companies and improving internal efficiency, including the development of a ...

The Cyprus Shipping Deputy Ministry has welcomed the conclusion of the 13th IMO sub-committee session on pollution. Officials described the resulting negotiations as a collective effort reflecting the country’s ...

What is Forex after all? It is, in fact, a strictly regulated sector, distinct from illegal schemes, with a decisive contribution to the economy The forex sector and its role ...

The Central Bank of Cyprus (CBC) has published its latest balance sheet, showing total assets of €29.545 billion, unchanged from total liabilities, reflecting the institution’s position within the Eurosystem at ...

Fraudulent payment transactions in Cyprus surged by 30 per cent in volume and 66 per cent in value in the first half of 2025, although they remain below euro area averages in relative ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular informing regulated entities about new public consultations launched by the Anti-Money Laundering Authority. The circular was addressed to ...

Since the steam engine era, society has progressed through the technological and digital revolutions. Today, Industry 4.0 offers near-limitless access to knowledge and a vast network of connected devices, while products ...

The European Union’s fishing fleet has seen a steady decline in size over the past decade, with vessel numbers, tonnage, and engine power all contracting significantly since 2014, according to ...

Cyprus-linked shipping company Safe Bulkers, Inc. announced it has entered into an agreement for the sale of the MV Michalis H, a 2012 Chinese-built Capesize class dry-bulk vessel, at a gross ...

Fraudulent payment transactions in Cyprus surged by 30 per cent in volume and 66 per cent in value in the first half of 2025, although they remain below euro area averages in relative ...

Hotel bookings during the 3-day carnival weekend are encouraging and demand for the Green Monday holiday appears similarly strong, according to Cyprus Hotel Association (Pasyxe) director Christos Angelides. Angelides told ...