#business

A new online platform has been launched in Cyprus to help the public report fires in real time, following the devastating wildfires that swept across the island on July 23. The ...

The Central Bank of Cyprus (CBC) on Thursday published its latest quarterly financial accounts for the quarter ending March 2025, showing continued growth in financial assets, a reduction in household and ...

The Cyprus Stock Exchange (CSE) on Thursday announced the continuation of the suspension of trading for the shares of Toxotis Investments Public Ltd, A. Tsokkos Hotels Public Ltd, and Dome ...

Cypriot shipping company Safe Bulkers, led by Polys Hajioannou (CEO), will fully fund and carry out the reconstruction of two churches destroyed by the wildfires that devastated mountainous areas of ...

Cyprus has signed the second tranche of a €200 million loan agreement with the European Investment Bank (EIB), unlocking an additional €100 million to support road infrastructure and sustainable transport projects across ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday reported that the total assets under management (AUM) of Collective Investments in Cyprus reached €10.7 billion during the first quarter of 2025. According ...

Seasonally adjusted gross domestic product (GDP) in the euro area increased by 0.1 per cent during the second quarter of 2025, compared with the previous quarter, according to a preliminary flash estimate ...

Seasonally adjusted unemployment rate in Cyprus stood at 3.8 per cent in June of this year, stable compared to May, and down from 4.9 per cent in June 2024 according to Eurostat, the ...

The Cyprus Banks Association and its member banks this week announced measures aimed at providing immediate relief to households and businesses affected by the devastating wildfire in Limassol. In a ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday issued a statement to clarify the origins and purpose of the “Minds in Cyprus” platform, following what it described as “...

Battery-only electric vehicle (BEV) registrations in Cyprus more than doubled in 2023, though their presence on the roads remains well below the EU average, according to a report from Eurostat. An ...

Global container losses at sea rose to 576 in 2024, more than double the record-low 221 containers lost in 2023, according to the World Shipping Council’s (WSC) latest Containers Lost at Sea report.   ...

Russian markets reacted cautiously to US President Donald Trump’s threat to impose new sanctions, with analysts saying on Wednesday a weaker rouble and higher oil prices as a result ...

Sepaga E.M.I. has announced a new partnership with Cellock Ltd and the launch of the 7 Seas E-Wallet, a mobile banking solution designed specifically for the shipping industry. The ...

Tourism revenue in Cyprus climbed to €373.3 million in May 2025, according to the latest results on Wednesday from the passengers survey conducted by the statistical service (Cystat). This marks a 20.2 per ...

Advisory and consulting firm PwC this week released a report detailing that global entertainment and media (E&M) industry revenues edged towards US$3 trillion in 2024 and are forecast to ...

The Industrial Production Index in Cyprus reached 113.7 units in May 2025, based on 2021 as the reference year, reflecting an annual increase of 1.7 per cent compared to May 2024. For the period between ...

Stellantis (STLAM.MI) said this week that it faced greater headwinds this year including a 1.5-billion-euro impact from US tariffs for 2025, with operating income in the second half set to ...

European luxury carmakers including Porsche (PSHG_p.DE) and Aston Martin (AML.L) have shot to the front of the grid with US price hikes, which could point the way ...

Long seen as the safest Big Tech bet, Apple (AAPL.O) is heading into Thursday’s earnings with its business facing pressure from US tariffs, tough competition in China and ...

Non-profit association TechIsland on Wednesday said it had begun a collective initiative to respond to the recent wildfires that have devastated communities across Cyprus, beginning with an internal outreach effort ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday launched a public consultation on a proposed legislative amendment concerning the authorisation of Administrative Service Providers (ASPs). Specifically, CySEC published a ...

The Cyprus Chamber of Commerce & Industry (Keve) on Wednesday announced the launch of the co-financed Data ProTech project, designed to help Cyprus SMEs comply with AI and data protection ...

The Cyprus Borrowers Association (Syprodat) this week called on the government to suspend the repayment of loan obligations for fire-affected citizens. It also urged the government to halt all foreclosure ...