#business

Agros Development Company “Proodos” Public Ltd on Tuesday announced the payment of a dividend amounting to €338,148 to its shareholders. According to a filing on the Cyprus Stock Exchange (CSE), the ...

Atlantic Insurance Company Public Ltd on Tuesday issued a profit warning for the first half of 2025, informing shareholders and the broader investment community that its group results will be significantly ...

There are strong echoes of Donald Trump’s failed trade deal with China from his first term as US president in the framework agreement reached with the European Union. Trump ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Compliance Association (CCA) have signed a Memorandum of Understanding (MoU), according to an official announcement. Keve explained that the ...

Cypriot businesses that consistently violate tax laws may soon find their premises sealed for at least 48 hours under a new enforcement tool granted to the tax department, if parliament passes ...

The Bank of England is expected to soon slow the pace at which it shrinks its 558 billion-pound ($754 billion) holdings of government bonds, and economists hope next week will shed some ...

Half of Greeks are cancelling or postponing holidays because of financial pressures as summer spending rises and savings shrink, according to fintech app Plum. The findings are based on a ...

Petroleum product sales in Cyprus rose by 10.4 per cent in June 2025 compared to the same month last year, reaching 140,669 tonnes, according to a report released by the state statistical service (...

GDEV, a global gaming and technology company headquartered in Cyprus, on Monday announced a €100,000 donation to support wildfire recovery efforts on the island. The company has also launched an AI-powered ...

The Bank of Cyprus (BoC) on Monday announced that its board of directors will meet on August 4, 2025, to examine the financial results for the Bank of Cyprus Group for the ...

Total deposits in Cyprus recorded a net increase of €654.7 million in June 2025, compared to a net increase of €20.8 million in May 2025, according to data released by the Central Bank of ...

The Cyprus Securities and Exchange Commission (CySEC) has released its annual statistical bulletin for 2024, providing a detailed overview of the performance of the regulated entities under its supervision. In its ...

MHV Mediterranean Hospitality Venture Plc, a leading player in the hospitality and real estate space, on Monday announced the approval of a new bond loan programme and subscription agreement amounting ...

Bank of Cyprus Holdings Public Limited Company (BOC Holdings) has announced the completion of its acquisition of 100 per cent of Ethniki Insurance Cyprus Ltd, following a binding agreement signed with ...

The Research and Innovation Foundation (RIF), in collaboration with the Deputy Ministry of Research, Innovation and Digital Policy, on Monday announced the launch of a new flagship funding programme titled ‘...

Cypriot businesses that consistently violate tax laws may soon find their premises sealed for at least 48 hours under a new enforcement tool granted to the tax department, if parliament passes ...

Limassol-based marine fuel trading firm Island Oil has opened a new international trading office in Dubai, marking its seventh trading desk globally and strengthening its presence across key marine fuel ...

The European Union’s extension of its Emissions Trading Scheme (ETS) to shipping has sent ripples across Mediterranean ports, and even Cyprus is feeling the undercurrents.  Starting January 1, 2024, any vessel ...

Tesla (TSLA.O) and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet ...

To achieve better and longer lasting batteries for electric vehicles, EU-funded researchers are developing technology that enables batteries to quickly detect damage and repair themselves. By Anthony King Batteries are ...

Growing use of artificial intelligence in advertising is expected to boost the global entertainment and media industry’s revenue to $3.5 trillion by 2029, according to PwC. The industry is projected to ...

One in four tech startups in Germany is considering leaving the country due to concerns that an economic slowdown in Europe’s largest economy was weighing on prospects for securing ...

This holiday season, US parents may have to make an extra pit stop – not for toys, but for the batteries that power them, as manufacturers pare down on frills and ...

Here are the top business stories in Cyprus from the week starting July 21: Sek general secreatary Andreas Matsas on Monday issued a strong defence of the Cost of Living Allowance (...