#business

Alpha Bank on Monday announced that it has completed the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd. This has resulted in the creation of Cyprus’ ...

Global air passenger demand rose by 3.6 per cent in September 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA).  Total capacity, ...

The EU’s net foreign direct investment (FDI) position, in relation to the rest of the world, increased by 16.5 per cent in 2024 compared with 2023, according to Eurostat. This increase was ...

European Union agricultural output value dropped by 0.9 per cent in 2024, continuing a slight downward trend for the second consecutive year, according to Eurostat. The total value of EU agricultural output ...

Chevron-Hellenic Energy Consortium’s selection: A geopolitical analysis for Greece and the Eastern Mediterranean In a very important development, the Chevron-Hellenic Energy consortium has been selected as the preferred investor ...

Cyprus is expected to see a significant increase in winter holiday programmes from major British tour operators, according to Deputy Minister of Tourism Costas Koumis, who spoke after the conclusion ...

Greece has once again reaffirmed its dominance in world shipping, with more than 650 vessels currently under construction across all major fleet segments, according to the latest report by Xclusiv Shipbrokers (...

By Maria Demertzis The Dutch government’s move at Nexperia is a bold act to protect critical chip capacity in Europe. The Netherlands-based Chinese semiconductor manufacturer produces one-quarter of the ...

The Saudi Film Commission (SFC), a sector-specific commission of the Saudi Ministry of Culture, today unveiled a new state-of-the-art virtual production soundstage at JAX Film Studios, the Kingdom’s latest ...

British factories had their strongest month in a year in October but the recovery was driven by a one-off bounce from the restart of production at carmaker Jaguar Land Rover ...

The Central Bank of Cyprus (CBC) has published its latest bulletin titled “Cyprus Interest Rates in a European Context: Analysis and Comparison”, offering a comprehensive examination of Cypriot lending and ...

Services production in the euro area saw a slight increase in August 2025, while the European Union registered a decline, according to seasonally adjusted figures released on Friday by Eurostat. Monthly ...

Total expenditure on social protection benefits in the EU reached €4.92 trillion according to early estimates for 2024 released on Friday by Eurostat. This marks a 6.9 per cent increase compared with the ...

The government of the Republic of Kazakhstan, OpenAI, Inc., and Freedom Holding Corp. (NASDAQ: FRHC), the parent company of Freedom24, have signed a strategic agreement to expand the country’s ...

The Cyprus Securities and Exchange Commission (CySEC) has released a new retail investor guide on navigating digital finance safely to mark its participation in World Investor Week 2025.The guide was ...

Eurolife has entered a strategic partnership with the Karaiskakio Foundation, seeking to bolster research efforts and humanitarian work, as well as inspiring a culture of giving across Cyprus. “The goal ...

A number of publicly listed Cypriot firms on Friday announced upcoming meetings and key financial decisions, including scheduling board meetings to review mid-year results and ratifying a material transaction with ...

The volume of retail trade decreased marginally by 0.1 per cent in the euro area and remained stable in the European Union (EU) in September 2025, according to preliminary estimates by Eurostat. ...

The Central Bank of Cyprus (CBC), in collaboration with the Education Ministry, will hold an educational event on November 10 to mark World Savings Day, celebrated globally on October 31. The event, ...

Cypriot businesses are invited to a webinar on November 10, 2025, to discuss the evaluation of the European Union–Japan Economic Partnership Agreement (EU-Japan EPA), officials announced. According to the announcement, circulated ...

Cyprus is expected to see a significant increase in winter holiday programmes from major British tour operators, according to Deputy Minister of Tourism Costas Koumis, who spoke after the conclusion ...

Negotiated wage growth is expected to slow in 2025 and beyond, according to the latest reading of the European Central Bank (ECB) wage tracker, which has been updated to include data ...

The Cyprus Securities and Exchange Commission (CySEC) has reached a settlement with investment firm Aquilla Nummus Ltd following an investigation into possible breaches of anti-money laundering and terrorist financing regulations. ...

Industrial producer prices decreased by 0.1 per cent in both the euro area and the EU in September 2025, compared with August 2025, according to Eurostat. This followed a larger monthly fall of 0.4 ...