#business

Cyprus stands at an important moment in its maritime history. The shipping sector has always been a cornerstone of the island’s economy, but 2025 has brought a confluence of developments ...

Revenue from tourism in Cyprus rose by 8.2 per cent in July 2025, reaching €513 million, according to a report released on Monday by the state statistical service. Officials said this figure marked ...

Visa (V.N) has announced that it will start testing a new way for businesses to fund international payments by allowing them to use stablecoins instead of pre-depositing cash in ...

Opera (OPRA.O) has launched Neon, an artificial intelligence-powered browser that can execute tasks and run code inside web pages, adding to the intensifying competition among technology firms to make ...

Aluminium made with renewable power and from recycling is helping luxury automaker Mercedes-Benz (MBGn.DE) cut CO2 emissions in the production of its new line of electric vehicles, part of ...

OpenAI, the company behind ChatGPT, has reached a valuation of $500 billion, following a deal in which current and former employees sold roughly $6.6 billion worth of shares, a source familiar with ...

The Cyprus Real Estate Agents Registration Council on Friday voiced strong opposition to key provisions of three draft bills currently being debated in parliament. In its statement, the council warned ...

Industrial producer prices in the euro area decreased by 0.3 per cent in August 2025 compared with July 2025, while in the EU they fell by 0.4 per cent, according to estimates from Eurostat. ...

By Maria Demertzis Europe’s reliance on the US financial infrastructure presents a strategic risk for business. US debt is still the safest asset—that on which all other assets ...

Students from three continents join CING postgraduate courses The Cyprus Institute of Neurology and Genetics (CING) welcomed its new postgraduate students earlier this month, in what it described as an ...

Tesla’s third-quarter deliveries trounced analysts’ estimates this week, as a rush to buy EVs in the US before the expiry of a popular tax credit more than offset slumping ...

Israeli high-tech companies raised $11.9 billion over the first three quarters of 2025 as the technology sector continues to thrive despite Israel’s two-year-old war against Hamas militants in Gaza. Funding was 13 ...

The Enterprise Europe Network Cyprus, whose actions on the island are coordinated by the local chamber of commerce (Keve), has informed Cypriot businesses about an important opportunity to contribute to ...

The Central Bank of Cyprus (CBC) on Friday informed the public that all banks will be closed on Tuesday, October 28, in observance of Ochi (No) Day. Ochi Day commemorates the ...

Cyprus Cement Public Company Ltd on Friday announced that its board of directors will convene on October 14, in order to discuss a possible declaration of an interim dividend from the ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday informed regulated entities that the Unit for Combating Money Laundering (Mokas) has published its strategic analysis report for 2023–2024, providing key insights ...

The Central Bank of Cyprus (CBC) on Friday alerted the public to a forged letter that was discovered bearing the bank’s insignia and logos and demanding money from a ...

The industrial turnover index in Cyprus climbed to 159.9 units in July 2025, marking an increase of 3.5 per cent compared with July 2024, according to figures released on Friday by the state statistical ...

House prices in Cyprus recorded a modest year-on-year increase of 1 per cent during the second quarter of 2025, according to preliminary estimates published by the Cyprus Statistical Service (Cystat). In addition, ...

Cyprus recorded an unemployment rate of 5.1 per cent in August 2025, higher than the 5 per cent rate seen in July and up from 4.6 per cent in August 2024, according to figures published ...

The Cyprus Stock Exchange (CSE) on Friday announced that it will organise presentations on environmental, social and governance (ESG) assessment tools, as part of its ongoing strategy to enhance sustainable ...

Delivery platforms, such as Wolt, are seen as very important by 74 per cent of Cypriot partner businesses, according to the company’s 2025 local commerce survey. The research showed that more ...

Cyprus recorded the third largest increase in the European Union for short-term rental accommodation in the second quarter of 2025, with a rise of 29 per cent compared with the same period ...

The Cyprus Real Estate Agents Registration Council on Friday voiced strong opposition to key provisions of three draft bills currently being debated in parliament. In its statement, the council warned ...