#business

Cyprus’ construction materials price index recorded a year-on-year increase of 1.19 per cent in July, according to a report released on Monday by the state statistical service. Specifically, the construction materials ...

The non-performing loans (NPL) ratio of the Cypriot banking sector remained steady at 5.9 per cent in May, when compared with April 2025, the Central Bank of Cyprus (CBC) said in a ...

The Finance Ministry has formally designated the authorities responsible for ensuring compliance with the European Union’s digital operational resilience rules in the financial sector. The announcement, published in the ...

More than 50,000 property sales in Cyprus have already been transferred to third-country nationals this year, with Paphos taking the lead, Interior Minister Constantinos Ioannou told parliament. Specifically, 53,076 transfers were completed ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors concerning a series of websites that are not authorised to provide investment services or perform investment activities. ...

The Finance Ministry on Monday announced that the public consultation on the package of bills concerning the planned tax reform has been extended. In a post on social media platform ...

Baker Tilly South East Europe (BTSEE) on Monday confirmed the completion of its merger with professional services firm MHA, in a deal valued at €24 million. This follows an announcement originally ...

Real estate brokers have expressed cautious optimism about the sector’s performance in 2025, according to consulting firm PwC. In its latest report on the sector, PwC said that brokers are ...

Safe Bulkers Inc., listed on the New York Stock Exchange and led by Cypriot CEO Polys V. Hajioannou, has announced the launch of its 5th Annual Scholarship Programme for the ...

Cyprus offers stability and opportunity for the relocated sports media platform Sports media platform Tribuna.com co-founder Dmitry Navosha has shared his story with the Cyprus Mail in an in-depth ...

The World Bank’s latest Global Findex Database shows that mobile phones and the internet are transforming financial inclusion worldwide, making digital financial services more accessible, affordable, and widely used. ...

Cyprus, one of the world’s leading registries alongside Malta, has been warned that seafarers’ shore leave is becoming rare, short and, in some cases, non-existent, according to a global ...

Czech and Estonian researchers are joining forces to build a cross-border cybersecurity hub that will strengthen Europe’s digital defences in the face of growing cyber threats. By Michaela Nesvarova ...

The recent surge in government-backed stablecoins has sparked debate over whether these dollar-pegged crypto tokens will strengthen or destabilise the economy. The bipartisan passage of the “Genius Act” last month, ...

As shipping strives to decarbonise, a new wave of EU-funded innovation is proving that methanol-fuelled vessels could offer a scalable, low-emission alternative to diesel on the high seas. By Tom ...

Here are the top business stories in Cyprus from the week starting August 11: The Cyprus Chamber of Commerce and Industry (Keve), in its role as coordinator of the Enterprise Europe ...

In a city famed for transforming desert into skyline, developers are taking the building process into their own hands as they seek to turbo-charge a property boom and maximise cash ...

Amazon.com-backed (AMZN.O) Anthropic said this week that it will offer its Claude AI model to the US government for $1, joining a growing list of artificial intelligence startups proposing ...

The trade agreement between the EU and the United States was greeted as a humiliating event in European media. European Commission President Ursula von der Leyen met President Trump at ...

European investors have put more money into local stock index-trackers so far in 2025 than in any full-year on record, with demand for defence funds booming, data shows, as President Donald ...

Nomura expects the US Federal Reserve to cut interest rates by 25 basis points in September, bringing forward its easing forecast, amid signs of milder US inflation in July and early ...

Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet’s (GOOGL.O) Chrome browser this week, a bid far above its own valuation as the startup reaches for the ...

Amazon.com (AMZN.O) has expanded its same-day delivery service to include perishable items such as strawberries, milk, meats, and frozen meals for Prime subscribers, the company said this week. ...

Manufacturers like US lawnmower maker The Toro Company (TTC.N) are not panicking at the prospect of US President Donald Trump’s global trade tariffs. Despite five years of dramatic ...