#business

Two key challenges stand in the way of introducing a new scheme to address non-performing loans (NPLs), according to Finance Minister Makis Keravnos. Kervanos responded to a question from MP ...

Global catering management provider MCTC, with offices in Cyprus, Greece, and Saudi Arabia, among other places, has launched two new tools aimed at enhancing nutritional oversight and environmental transparency onboard ...

Cyprus airports reached an all-time record in July, with a total of 1,653,880 passengers passing through Larnaca and Paphos airports, surpassing even last year’s August peak, according to Hermes Airports. ...

From Zero, a new event series focused on real startup journeys, is set to launch in Nicosia, with the aim of creating a space for honest, practical conversations about entrepreneurship. ...

Deposit rates in Cyprus fell in June while housing loan rates continued to rise, according to a report released this week from the Central Bank of Cyprus (CBC). In its ...

The Cyprus Consumers Association has released its evaluation of prices listed on the e-kalathi digital platform, publishing detailed conclusions following a multi-day review. In an announcement issued this week, the ...

The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half ...

The industrial turnover index in Cyprus recorded an annual increase both in May and during the first five months of 2025, according to data released by the Statistical Service. In May 2025, ...

Barclays (BARC.L) has become the latest British lender to quit the Net Zero Banking Alliance, the bank has said, arguing that the departure of several global lenders has left ...

The number of registered unemployed persons in Cyprus stood at 11,088 at the end of July 2025, according to data released on Tuesday by the Statistical Service (Cystat).  On a seasonally adjusted ...

The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half ...

The Bank of Cyprus has announced a comprehensive package of relief measures to support residents and businesses in the mountainous areas of Limassol affected by the recent wildfires. The measures ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced that it will be participating Eastern Mediterranean Conference & Exhibition (EMC) 2025 as an official partner. The event, set to ...

The Cyprus Investment Funds Association (CIFA) on Tuesday issued a statement welcoming the latest data published by the Cyprus Securities and Exchange Commission (CySEC), which reflect the sustained momentum of ...

Leading European financial technology provider payabl. on Tuesday announced that it will become the official payments partner of Anorthosis Famagusta FC for the 2025–2026 season. According to the announcement, the collaboration ...

The Bank of Cyprus on Tuesday announced that it will distribute an interim dividend of €0.20 per ordinary share. This interim dividend amounts to approximately €87 million and corresponds to about 40 per ...

Passenger traffic at Cyprus’ airports is expected to hit a new record this August, as Hermes Airports braces for the summer peak and urges travellers to arrive early and plan ...

Non-profit organisation Cyprus Seeds has announced that it recently hosted a high-profile technology transfer event. The event, held in collaboration with the EU-funded DiGiNN initiative, aimed at strengthening Cyprus’ innovation ...

Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service ...

Greece’s four systemic banks have posted strong profitability in the second quarter, with projections indicating that total earnings could reach €4.7 billion by the end of 2025. According to Greek news ...

The Bank of England is widely expected to reduce its benchmark interest rate from 4.25 per cent to 4 per cent on Thursday. A further rate cut is anticipated before the end ...

In 2024, European Union countries produced 32.7 billion litres of beer containing more than 0.5 per cent alcohol and an additional 2 billion litres of beer with less than 0.5 per cent alcohol or no ...

Britain’s manufacturers – hit in recent months by trade wars and higher taxes – moved closer to a return to growth in July and executives were their most optimistic in five ...

Oil prices edged higher on Monday, paring earlier losses, as traders expect the market to absorb another large output hike by OPEC+ in September, while worries about disruptions to Russian ...