#business

Cyprus recorded a trade deficit of €1.85 billion in the period from January to March 2025, marking a rise from the €1.71 billion deficit registered during the same period in 2024. Total imports of ...

Larnaca has begun work on what is expected to become one of Cyprus’ most important cultural landmarks, a €30 million Art and Design Centre set to be completed by 2030. Designed by ...

The Cyprus Real Estate Agents Registration Council on Monday welcomed the court’s decision to convict two Hungarian nationals for their involvement in the illegal promotion and sale of Greek ...

The Central Bank of Cyprus (CBC) and its financial ombudsman service received 154 formal complaints from bank customers in 2024, according to the CBC’s annual report. The majority of these complaints, ...

Cyprus continues to lag behind most EU countries in gender equality, according to findings presented at a recent event co-organised by the Labour Ministry and the Cyprus Institute of Chartered ...

Deputy Shipping Minister Marina Hadjimanolis on Monday travelled to Szczecin, Poland, for a working visit. While there, she will attend the informal council of ministers responsible for shipping, held under ...

The Cyprus Chamber of Commerce & Industry (Keve) on Monday announced that businesses operating in the food sector were the primary focus of this year’s Cyber Security Weekend. The ...

The Bank of Cyprus on Monday posted a profit after tax of €117 million for the first quarter of 2025, marking an increase of 9 per cent compared to the previous quarter. In ...

EU-funded researchers are accelerating the rollout of self-driving trucks on public roads to solve driver shortages and improve safety and sustainability in Europe’s logistics sector. By Bárbara Pinho ...

Apple’s plans to add AI-powered search options to its Safari browser are a big blow to Google, whose lucrative advertising business relies significantly on iPhone customers using its search ...

By Miranda Xafa Trump’s tariffs dominate discussions about the global economic order and the outlook for the global economy at the IMF’s Spring Meetings. Existing rules are being ...

IBM (IBM.N) has made a play for more sales in the crowded artificial intelligence field, touting tools that could help customers manage a fleet of AI agents for their ...

Here are the top business stories in Cyprus from the week starting May 5: Limassol businesses are still grappling with staffing shortages, rising costs and red tape, according to the latest ...

The US Department of Justice has proposed that Google sell its AdX digital ad marketplace and DFP platform for managing and delivering ads on websites, after a federal judge found ...

OpenAI has dialed back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman’s power over the pioneering ...

Italian luxury sports carmaker Lamborghini reported a 29.6 per cent jump in revenue to 895.2 million euros, driven by strong global demand for its new hybrid models, the Revuelto and Urus SE, ...

A much-delayed nuclear fusion project involving more than 30 countries is ready to assemble the world’s most powerful magnet – a key part of efforts to generate clean energy by smashing ...

Saudi Arabia’s non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as hiring rates reached their joint-fastest pace in more than a ...

Two Cypriot student robotics teams have made their mark on the international stage, representing Cyprus at prestigious global events as part of the 2025 FIRST® LEGO® League (FLL) season, which this ...

Dr Mary Lynne Hedley, a trailblazer in biotechnology and scientific entrepreneurship, recently visited Cyprus to inspire the next generation of life science innovators. A Senior Scientific Fellow at the Broad ...

Trading of Hellenic Bank Public Company Ltd shares will be suspended from Thursday, May 15, 2025, following the exercise of a squeeze-out right by Eurobank S.A. The move comes after the ...

Saudi Arabia and the United States are discussing a deal to cooperate on the kingdom’s ambitions to develop a civil nuclear industry, talks that have long been complicated by ...

Dutch healthcare technology company Philips (PHG.AS has cut its profit margin forecast for 2025, citing a net impact from tariffs of between 250 and 300 million euros ($283 million-$340 million) despite “substantial tariff ...

Growth in the UAE’s non-oil private sector held steady in April, while employment rose at the fastest pace in 11 months as firms sought to reduce workloads and support new ...