#business

The Bank of Cyprus Holdings PLC has amended the final terms of its €650 million Series 2 Floating Rate Covered Bonds (ISIN: XS0718673311). According to the announcement, these bonds, which are entirely ...

Dry cargo ship values are rising faster than freight rates can justify, pointing to a structural revaluation of larger vessels rather than a short-term market cycle, according to Xclusiv Shipbrokers.  ...

The Paphos Regional Board of Tourism (Etap) announced this week that it is organising free thematic excursions to promote the cultural and natural heritage of the Polis Chrysochous-Akamas area. The ...

Eurobank executives used their participation at the 11th Delphi Economic Forum to outline the challenges of the energy transition, as well as the need for a new productive model for ...

Cyprus University of Technology (Tepak) is awaiting formal approval from the department of town planning for the concession of plots in the Berengaria area, as plans move forward for the ...

The Cypriot economy has shown strong resilience despite rising geopolitical uncertainty, but high energy costs, delayed reforms and labour shortages continue to limit its growth prospects, according to Employers and ...

The Bank of England will keep interest rates on hold this week ​and try to look ahead to the damage building up for Britain’s economy from the Iran war, ...

Bank branches remain important but are changing role after a decade of intense digital transformation, according to National Bank of Greece (NBG) general manager of transformation, strategy and international activities ...

Revolut announced that it would wind down its commodities product in some European countries, giving customers ​a two-month deadline to sell their holdings. The British finance app’s ‌commodities business ...

Senior European and Cypriot central bank officials highlighted the growing importance of the digital euro in strengthening the European Union’s strategic autonomy, during an event held at the House ...

The Cyprus Financial Literacy and Education Committee (CyFLEC) highlighted the importance of practical financial skills during a recent event organised in Nicosia by the Financial Wellbeing Institute. “Success is not ...

Greece’s Energy Ministry on Monday confirmed that it is in advanced technical discussions with the European Commission to secure funding support for the independent transmission system operator Admie through ...

Cypriot flour and pasta manufacturer Mitsides Public Company Limited on Monday disclosed a number of decisions taken during its board of directors meeting, including the scheduling of its next annual ...

The Bank of Cyprus (BoC) on Monday confirmed that it will release its financial results for the first quarter of 2026 on May 11, before the opening of trading on Euronext Athens ...

Cyprus is seeking to strengthen its role in space technologies and remote sensing, Deputy Research Minister Nikodemos Damianou said on Monday, as more than 250 delegates from over 30 countries gathered in ...

Eurobank S.A. on Monday announced that it repurchased 1,528,806 own shares between April 20 and April 24, 2026, as part of its ongoing share buyback programme. The programme, which commenced following an announcement ...

Celestyal’s two cruise ships have safely returned to the Mediterranean after transiting the Strait of Hormuz and the Suez Canal, clearing the way for the company to restart its ...

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris Chrysostomou named Deputy Chief Executive Officer, the company announced.  Hadjipetrou, a longstanding member of the organisation, ...

Three-quarters of AI’s economic gains are being captured by just 20 per cent of companies, with leading businesses using the technology to drive growth rather than simply improve productivity, according ...

Petroleum product sales surged by 18.6 per cent year-on-year in March 2026, reflecting strong demand despite ongoing volatility in fuel prices. According the Cyprus Statistical Service (Cystat), total sales reached 127,272 tonnes during ...

Almost half of non-Cypriot workers earn less than €1,500 The average monthly earnings of employees in Cyprus rose to €2,605 in 2025, according to a report based on provisional data published by the ...

Europe’s ​biggest broadcasters and media groups warned EU regulators that a planned law to ‌curb unfair digital practices should target Big Tech, not publishers and broadcasters already heavily regulated, ...

Private equity firm Zubr Capital has announced a Series A investment in Cyprus-based Soloband Games, marking a significant step in the expansion of the country’s gaming ecosystem. According to ...

Cyprus’ labour market is facing growing pressure as economic growth, low unemployment and the expansion of technology companies have increased demand for workers across key sectors, from construction and tourism ...