#business

Global live music ticket sales revenue surpassed $40 billion in 2025, according to market intelligence firm Omdia, which also forecast that the market will reach $50 billion by 2030. The report showed that year-on-year ...

Here are the top business stories in Cyprus from the week starting May 4: The Cyprus Chamber of Commerce and Industry (Keve) on Monday issued a statement welcoming the election of ...

Satellite direct-to-device connectivity began shifting from concept to early commercialisation in Europe in March, according to new research from market intelligence firm Omdia, highlighting growing activity among mobile operators. The ...

A UK body representing small businesses has warned that small firms were being pushed out of European Union ​markets due to red tape, rising costs, and complex ‌rules, highlighting the ...

US President Donald Trump’s military forays in Venezuela and Iran have weakened OPEC more than anyone thought possible just months ago. The White House may view this as a ...

British new car registrations are expected to rise to nearly ​2.1 million units in 2026, the Society of Motor Manufacturers and ‌Traders said this week, with the share of zero-emission vehicles lower ...

A small weekly meetup launched in Limassol in 2017 has evolved into one of Cyprus’ largest recurring tech and business networking communities, with Cyprus_iT recording more than 40,000 visits across its ...

Eurobank S.A. has issued a formal notification regarding significant revisions to its financial calendar for the remainder of the year. The update, which follows an initial schedule released earlier ...

Eurobank on Friday reported an adjusted net profit of €351 million for the first quarter of 2026, with the bank citing strong lending activity, resilient operating performance and continued growth across its ...

The developments of the past few days clearly demonstrate the adage “it is easier to start a war than to end one,” a recognised principle of military history and geopolitics. ...

A humming US corporate profit engine is at the heart of the US stock market’s rally to record highs – an encouraging sign for investors as long as the fuel ...

A gauge of British manufacturers’ cost pressures jumped in April and delivery delays were the most widespread since mid-2022 due to the ​standoff in the Strait of Hormuz, according to ...

Average gas prices for non-household consumers across the European Union fell by 8.3 per cent during the second half of 2025, according to Eurostat. The cost for industrial users dropped to €6.05 per 100 ...

Cyprus’ banking sector maintained its historically low level of non-performing loans in February 2026, according to updated figures published on Friday by the Central Bank of Cyprus (CBC). Specifically, the non-performing ...

Demetra Holdings Plc conducted a share buyback on May 7, 2026, acquiring a total of 6,500 own shares through the Cyprus Investment and Securities Corporation Limited (CISCO). The transaction was officially announced to ...

The American Chamber of Commerce in Cyprus (AmCham Cyprus) on Friday announced that it participated in an event organised by UCLan Cyprus as part of the university’s alumni global ...

The Cyprus Securities and Exchange Commission (CySEC) marked its 30th anniversary with a conference in Nicosia attended by more than 160 guests, including officials and senior representatives of European supervisory authorities. ...

Non-profit technology association TechIsland on Friday announced the signing of a memorandum of understanding with the Cyprus International Businesses Association (CIBA), aimed at strengthening collaboration across Cyprus’ technology and international ...

US tech companies explore Cyprus as reliable base for European expansion Invest Cyprus on Friday announced that it hosted a closed-door roundtable in Washington on May 4, alongside fDi Intelligence and ...

Cyprus must help ensure that Europe speaks with a clear and coordinated voice in global maritime affairs, Shipping Deputy Minister Marina Hadjimanolis said during a working visit to Chios this ...

Telecommunications provider Cyta on Friday announced the appointment of George Metzakis as the organisation’s new chief executive officer, with immediate effect. The appointment marks a new phase for Cyta’...

Cyprus promoted its fresh fruit and vegetable exports at the international exhibition Freskon 2026 in Thessaloniki, as part of efforts to strengthen trade ties and open new opportunities in foreign markets, ...

Cyprus recorded the second-highest electricity prices for non-household consumers in the European Union during the second half of 2025, according to data released by Eurostat. The figures showed that electricity prices ...

Cyprus and India are stepping up discussions on direct air connectivity, with officials saying stronger links could support tourism, business travel and wider economic cooperation between the two countries. Hermes ...