#business

Cyprus’ Statistical Service (Cystat) on Monday announced that turnover increased in wholesale trade and in the trade and repair of motor vehicles during the third quarter of 2025, reflecting continued economic ...

Young in people in Cyprus were less likely than most of their European peers to drop out of formal education or training during 2024, according to Eurostat, highlighting the island’s ...

Cyprus experienced decline in job vacancies in the third quarter of 2025, according to the state statistical service (Cystat). This signals easing labour demand across the economy as hiring slowed during ...

Cyprus’ statistical service (Cystat) on Monday reported a decline in the number of building permits issued between January and August 2025, reflecting a slowdown in authorisations even as the overall value ...

Eurobank chief executive officer Fokion Karavias said investments are a national necessity and Cyprus plays a pivotal role in the group’s future, in a wide-ranging interview with Greek business ...

Eurogate Limassol is preparing to expand storage capacity at its Container Terminal by demolishing one of two warehouses that pre-date the port’s privatisation, a move that Chief Operating Officer ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Cyprus Research and Innovation Enterprises Association (CRIEA), on Monday announced the creation of the Cyprus Defence and Space ...

The European Commission is expected on Tuesday to reverse the EU’s effective ban on sales of new combustion-engine cars from 2035, bowing to intense pressure from Germany, Italy and European ...

Cyprus has marked its most ambitious participation yet at the Robotex International World Robotics Competition in Tallinn, Estonia, with a record-sized delegation and impressive performances across multiple disciplines, said the ...

Europe is pressing ahead with plans to strengthen its shipping, shipbuilding and ports sectors, despite stalled global talks on decarbonisation, with the European Commission preparing two major strategies aimed at ...

Cyprus-based Columbia Shipmanagement (CSM), a member of the Columbia Group, is operating against a backdrop of accelerating regional momentum, as the group continues to deepen its footprint across the Middle ...

Air traffic control delays in Europe have more than doubled over the past decade, far outpacing growth in flight numbers and causing increasing disruption for passengers, according to a report ...

The global wearable band market saw its value surge by 12 per cent to 12.3 billion in the third quarter of 2025, according to the latest research from Omdia, reflecting a strong shift ...

The European Union increased its research and development spending in 2024, while Cyprus remained among the weakest performers, according to new figures released by Eurostat. The EU’s total R&...

Global TV shipments, totalling 52.5 million units, saw a minor year-on-year decline in the third quarter of 2025, according to the latest research from Omdia.  The firm explained that this is primarily ...

EU-funded researchers are transforming former coal-mining sites across Europe into thriving areas that provide lasting environmental and social benefits. By Kaja Šeruga – 868 words When Professor Alicja Krzemień set out to ...

Here are the top business stories in Cyprus from the week starting December 8: Cyprus advanced another action under its national strategy for gender equality this week, as the office of ...

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, welcomed the European Commission’s legislative proposal on market integration and supervision. It argued that ...

Eurostat reported this week that millions of people across the EU moved between employment, unemployment and inactivity between the second and third quarters of 2025, offering a clearer picture of the ...

Women in Tech Cyprus will open the new year with a small community gathering in Limassol, aiming to carry forward the momentum built over the past year around women’s ...

By Nektarios Michail The last decade has been extremely good for most investments, especially those with higher risk. As the table below shows, investments in any diversified high-risk investment product ...

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey ...

The European Central Bank will leave interest rates unchanged on December 18 and keep them there through next year, according to a majority of economists polled by Reuters, as inflation is ...

OpenAI has warned that its upcoming artificial intelligence models could pose a “high” cybersecurity risk, as their capabilities advance rapidly. The AI models might either develop working zero-day remote exploits ...