#business

Finance Minister Makis Keravnos welcomed the International Monetary Fund’s (IMF) latest forecasts on Wednesday, saying they confirm both government projections and the continued strong performance and resilience of the ...

Cypriot banks hold the highest levels of liquidity in the eurozone but maintain the lowest loan-to-deposit ratio, according to the Cyprus Borrowers Association (Syprodat). The association said that “to strike ...

Building permits in Cyprus fell sharply by 58.4 per cent in June 2025, according to the Statistical Service (Cystat), reflecting a sharp slowdown in construction activity following administrative changes to the licensing ...

The Research and Innovation Foundation (RIF) celebrated Cyprus’ young innovators and future scientists during a special award ceremony held at the State Fairgrounds in Nicosia, as part of the 19th ...

Demetra Holdings Plc on Wednesday announced the completion of an own shares buyback, purchasing 4,907 shares at a weighted average price of 1.662 cents. The transaction details, shared on the Cyprus Stock ...

Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology group and the parent company of the Freedom24 investment platform, has been added to The Motley Fool’s Moneyball ...

The Bank of Cyprus on Wednesday announced that it won 11 awards in Global Finance’s 2025 World’s Best Digital Bank Awards, including two regional honours for Western Europe. The bank ...

The Cyprus Union of Shipowners (CUS) has appealed to EU Member States, and in particular to the Government of the Republic of Cyprus, to vote against the proposed International Maritime ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Hungarian Export Promotion Agency and Europe Direct Attica – PRAXI Network, is hosting a webinar on business opportunities in ...

Most European workers do not feel threatened by recent US tariff increases, although those employed in export-oriented or lower-income sectors are showing growing concern about job security, according to a ...

The Cyprus Securities and Exchange Commission (CySEC) has called on investment fund managers to take note of new guidance issued by the European Securities and Markets Authority (ESMA) on how ...

Ship management revenues in Cyprus rose to €978 million in the first half of 2025, marking a 6.7 per cent increase compared with the second half of 2024, according to the Central Bank of ...

The Cyprus Shipping Chamber (CSC) has welcomed the continued growth of the island’s ship management industry, highlighting its increasing contribution to the Cypriot economy. In a statement issued this ...

K+G Complex Public Company Ltd has announced that its board of directors will meet on October 27, 2025, to consider the possible declaration of an interim dividend from the company’s 2025 ...

The number of non-fatal workplace accidents in the European Union fell to 2.83 million in 2023, a five per cent decrease from the 2.98 million recorded in 2022, according to data released by Eurostat ...

The International Monetary Fund (IMF) has upgraded its economic growth forecasts for Cyprus for both 2025 and 2026 in its October World Economic Outlook, compared with its April projections. The IMF now ...

The Cyprus Securities and Exchange Commission (CySEC) has announced the withdrawal of the Cyprus Investment Firm (CIF) authorisation for VPR Safe Financial Group Ltd. The announcement date for the decision ...

Top App Games partners with Aptoide for Ludus expansion Cyprus-based mobile game developer Top App Games Ltd. has partnered with Aptoide, the alternative Android distribution platform, to expand its hit ...

The European Commission’s sweeping proposal to overhaul tobacco and nicotine taxation has triggered strong reactions among EU member states after its presentation at the Economic and Financial Affairs Council (...

The Cyprus Shipping Deputy Ministry (SDM) on Tuesday announced the official launch of the Cyprus Shipping 1-Stop-Shop Portal (CYSh1P), a centralised digital platform designed to streamline and modernise all ...

The average gross monthly earnings of employees in Cyprus rose by 5.1 per cent in 2024, reaching €2,483, according to a report released on Tuesday by the state statistical service (Cystat). The median ...

Consulting and advisory firm PwC Cyprus on Tuesday released a statement recapping its annual meeting, which brough together more than 150 senior executives of the organisation. The event, which took place ...

Energy Minister George Papanastasiou is in Dubai this week, leading the country’s delegation at GITEX Global 2025, one of the world’s largest technology and innovation exhibitions, taking place from ...

The Cyprus Stock Exchange (CSE) on Tuesday announced a series of regulatory actions against several companies listed on its New Market for failing to comply with financial reporting obligations. According ...