#business

Cyprus’ industrial production showed no change in May 2025, compared with the same month a year earlier, according to Eurostat, the statistical office of the European Union. This followed sustained growth ...

Demetra Holdings Plc on Wednesday published its investment portfolio report for the second quarter of 2025, revealing a total asset value of €528.64 million as of June 30, 2025. According to the report, cash ...

The Wellington Management Group has reduced its stake in Bank of Cyprus Holdings Public Limited Company, falling just under the 4 per cent threshold, according to a filing submitted to the ...

Cyprus has been classed as a moderate innovator in the European Innovation Scoreboard (EIS) 2025, recording a 17.6 per cent improvement since 2018, the fourth highest growth in the EU over the past ...

European Central Bank supervisors are focusing on issues ranging from tariffs to cyber attacks and a possible dollar shortage as they assess potential risks to the region’s banking industry, ...

The Ygia Group this week announced that it has completed the acquisition of Eden Medical Center, making it the largest private provider of inpatient care in Cyprus, with more than 270 ...

Road freight transport across the European Union remained steady in 2024, reaching a total annual volume of 1 869 billion tonne-kilometres. This marked a slight increase from 1 857 billion in 2023, amounting to a marginal ...

The Appeals Court has ruled in favour of the Central Bank of Cyprus (CBC) in a case concerning the non-retroactive payment of salary increments to two of its employees, overturning ...

The construction sector in Cyprus recorded robust growth in 2023, with value added rising by 9.4 per cent compared to 2022, according to the results of a survey released on Tuesday by the ...

Limassol continues to dominate the Cyprus rental market with the highest average asking rent at €3,057 per month in July 2025, while Larnaca offers the most affordable options at €1,277, according to a ...

The Research and Innovation Foundation (RIF) has opened nominations for the 2025 Cyprus Research Awards, marking the 18th consecutive year of honouring young and distinguished scientists in Cyprus.   The awards aim ...

Cyprus-based game developer and publisher GDEV was included in the latest Drake Star Global Gaming Report for the second quarter of 2025, with valuation metrics that signal stability and strong fundamentals ...

Thanos Michaelides, president of the hoteliers association (Pasyxe), called for a stronger push into new tourism markets, as the United Kingdom, Israel and Poland together accounted for 53 per cent of ...

The labour dispute in Cyprus’ hotel industry may take a decisive turn today, as employers and unions remain at odds over the collective agreement signed in December 2024. The two sides ...

Lordos Hotels (Holdings) Public Ltd has confirmed that it posted the agreed dividend to shareholders on Tuesday, July 15. The company made the announcement through a filing to the Cyprus Stock ...

The Cyprus Cement Public Company Ltd on Tuesday announced the repurchase of 2,500 of its own shares, in accordance with the decision taken at its Extraordinary General Meeting of shareholders held ...

The Cyprus Stock Exchange (CSE) has announced the reinstatement of Unifast Finance & Investments Public Company Ltd shares from the Surveillance Market to the Alternative Market. The decision was made ...

As Cyprus moves to close its institutional gap and align with the EU framework for Foreign Direct Investment (FDI) screening, shipping industry leaders are calling for a balanced approach that ...

The European Banking Authority (EBA) this week announced the launch of three public consultations focused on developing new regulatory technical standards and guidelines governing third-country branches operating within the European ...

The Ygia Group this week announced that it has completed the acquisition of Eden Medical Center, making it the largest private provider of inpatient care in Cyprus, with more than 270 ...

Approximately one third of the people in Cyprus are currently struggling to find the money for a weekly get-away, according to new Eurostat data released on Monday. Specifically, the EU’...

OPEC, which along with its allies is ramping up oil output, expects “very strong” oil demand in the third quarter and a tight supply-demand balance in the following months, its ...

Britain’s labour market cooled sharply and the number of people available for work jumped at the fastest pace since the COVID-19 pandemic, according to data that is likely to ...

The Cyprus Securities and Exchange Commission (CySEC) has released the results of the certification examinations held in June 2025 in accordance with its directive concerning the certification of individuals and the ...