#business

The Index of Industrial Output Prices in Cyprus for August 2025 reached 122.8 units, using 2021 as the base year with 100 units, and remained stable compared with July 2025. According to the latest figures ...

Water and housing are the key challenges faced by Cyprus, head of the European Investment Bank (EIB) Nadia Calviño said on Tuesday, emphasising the significant impact of European investments ...

Deputy Minister of Shipping Marina Hadjimanolis on Tuesday said that Cyprus aims to strengthen its shipping cluster and registry, an objective that will be further explored at the upcoming Maritime ...

Cyprus has been ranked second in Europe for improving air connectivity, while also closing 2025 with another strong year for tourism, according to Deputy Minister of Tourism Kostas Koumis. Speaking during ...

Private equity firm Zubr Capital announed this week that it is set to host its first Zubr Capital Young Hackathon in Limassol on October 23, bringing together students and early-stage entrepreneurs ...

Republic of Cyprus officials completed a training programme on financial investigation techniques that took place from September 15 to September 19. The United States Embassy in Nicosia wrote on social media platform ...

Eurobank has announced the acquisition of 2,458,326 of its own shares traded on the Athens Stock Exchange (ATHEX). The bank said the average purchase price was €3.3101 per share, with a total ...

AEGEAN and Olympic Air have informed passengers that following a decision by the Greek authorities, air traffic control services will not be suspended on Wednesday October 1, 2025. Consequently, all scheduled domestic ...

Limassol port operator DP World on Tuesday used the occasion of this year’s world tourism day to reaffirm its “dedication to harnessing tourism’s transformative power for Cyprus’ economy, ...

OpenAI generated about $4.3 billion in revenue in the first six months of 2025, which is roughly 16 per cent higher than its total revenue for all of last year, The Information reported ...

Demetra Holdings Plc has continued its share buyback programme with a new round of purchases carried out on September 29, 2025, through the Cyprus Investment and Securities Corporation Ltd (CISCO). On September 29, ...

Cyta Business’ participation as a strategic partner in this year’s Inspire Festival “reaffirms its commitment to supporting a platform that showcases innovation, creativity and the human side of Cypriot ...

The Mall of Cyprus (MC) Plc has reported a rise in operating profit and net profit after tax for the first half of 2025 while confirming that no significant changes are ...

A new verification of payee service will be implemented by all banks operating in Cyprus and the SEPA zone in October 2025, aiming to enhance the security of electronic payments. The ...

The preferred method for submitting bids in all types of privatisations should be open, transparent, with equal access to information and free of conditions that could reduce the final price, ...

The Mall of Engomi (ME) Plc this week reported a sharp increase in profit after tax for the first half of 2025 while confirming that no significant changes are expected in ...

Cyprus’ robust fund framework and status as a top ship management centre place it at the crossroads of alternative credit and maritime financing, according to Michalis Vasiliou, executive director at ...

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 ...

Cyprus’ Industrial Production Index reached 125.8 units in July 2025, using 2021 as the base year set at 100 units, according to the statistical service. This represented an increase of 1.8 per cent compared with ...

The Eastern Mediterranean’s shipping community is moving, albeit unevenly, towards cutting greenhouse gas emissions, according to the first wave of the METAVASEA survey conducted between June and November 2024, just ...

The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical capital buffer (CCyB) for exposures in the Republic of Cyprus at 1.5 per cent. In a statement on Monday, ...

A comprehensive package of legislative reforms has been introduced to modernise procedures, simplify processes and facilitate business activity in Cyprus. The reforms are part of the implementation of the action ...

Elon Musk, CEO of X, SpaceX, Tesla and Starlink, met with the leadership of the BRIDGE Summit at Tesla’s headquarters in Palo Alto, California, to discuss the future of ...

Demetra Holdings Plc on Monday announced the buyback of its own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO). According to an announcement on the Cyprus Stock Exchange (...