#business

There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as a tourist destination, according to Cyprus Hoteliers Association (Pasyxe) president Thanos Michaelides. These ...

In late January 2026, Moltbook started circulating as a “social network for AI agents,” with humans “welcome to observe.” The pitch is simple. Agents post. Agents comment. Agents upvote. Humans watch. ...

Cyprus recorded the highest level of non-performing loans in the European Union in 2024, highlighting a key vulnerability in public sector balance sheets, according to Eurostat. The data published by Eurostat ...

Here are the top business stories in Cyprus from the week starting January 26: The Cyprus Film Commission organised a three-day roadshow in London last week, targeting professionals from the United ...

Cyprus-based maritime technology company SmartSea, headquartered in Limassol, has strengthened its senior management team with the appointment of Nakis Kassos as Head of Commercial. Based in Limassol, Kassos is a ...

The European Securities and Markets Authority (ESMA) and the Reserve Bank of India (RBI) have formalised a new cooperation agreement, aiming to facilitate information exchange and the recognition of central ...

Nuclear power generation across the European Union experienced a significant rebound during 2024 as twelve member states produced a combined 649,524 gigawatt hours of electricity, according Eurostat. This output represents an increase ...

Freedom24 this week hosted a fireside chat at their Limassol offices featuring Daniil Liberman alongside Freedom Holding CEO Timur Turlov, bringing global debates around artificial intelligence, computing power and decentralisation ...

The Economic Sentiment Indicator in Cyprus fell by 0.2 points during January, reflecting weaker business confidence in several sectors, according to an Economic Tendency Survey compiled and published by the Economics ...

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

Forecasts published last week show that by 2030 the EU could be reliant on the US for 80 per cent of its LNG imports (Figure 1). That could mean about 40 per cent of ...

The European Union recorded €2.2 billion in exports of spacecraft and space transport services in 2023, while imports from outside the bloc reached €628 million, according to the latest FIGARO international trade data. ...

Retailers are forecast to control 47 per cent of the North American TV operating system market by 2029, a significant rise from 27 per cent in 2025, according to the latest research by market ...

George Malekkos has taken over the presidency of the Cyprus Information Technology Enterprises Association (CITEA), setting out priorities centred on member value, artificial intelligence and closer cooperation with the state ...

Cyprus household financial assets rose to €63 billion at the end of September 2025, with more than half held in liquid and loan-related instruments, according the Central Bank of Cyprus (CBC). According ...

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

Cyprus’ seasonally adjusted unemployment rate fell to 4.3 per cent in December 2025, according to Eurostat, highlighting improved labour market conditions compared with a year earlier. The statistical office of the European ...

Eurostat has reported steady economic growth across the European Union over the fourth quarter of 2025, a trend which Cyprus is expected to mirror, and potentially outperform, over the coming years. ...

Cyprus’ national minimum wage has reached €1,088 per month, placing the country among mid-range earners in the European Union, according to Eurostat. The figures showed that 22 out of 27 EU countries had ...

Cyprus expanded its economic, technological and energy engagement with the UAE and the wider Gulf in 2025 through a series of trade, investment and institutional initiatives coordinated by the Cyprus Trade ...

Cyprus’ Index of Industrial Output Prices rose modestly year on year in December 2025, reflecting small monthly gains across most industrial sectors, data published by the statistical service (Cystat). The index ...

Cyprus’ administrative and corporate services sector was promoted in India this week by a delegation of the Cyprus Fiduciary Association (CYFA), which took part in the Cyprus – India Business and ...

Cypriots are increasingly turning to card payments, placing the country among the eurozone’s top adopters of non-cash transactions, data published this week by the European Central Bank (ECB) showed. ...

Capital Link will host the 9th Annual Capital Link Cyprus Shipping Forum on Tuesday, February 17, 2026, at Columbia Plaza in Limassol, bringing together senior policymakers, shipowners, financiers and industry leaders at ...