#business

Invest Cyprus presented Cyprus as a stable European base for regional growth during a London briefing on Tuesday, as it sought to make the case for the island as a ...

Cyprus had around 4,400 people employed in the sport sector in 2025, including 1,400 aged between 15 and 29 and 3,000 aged between 30 and 64, according to Eurostat data. The figures form part of a wider Eurostat ...

Cyprus recorded one of the EU’s sharpest monthly increases in petrol prices in August, while fuel costs across the bloc continued to climb sharply on an annual basis, according ...

Moody’s confirmed Eurobank’s Baa1 long-term deposit and senior unsecured debt ratings this week, while raising the outlook on its deposit ratings to positive from stable. In its latest ...

Artificial intelligence is accelerating both cyber attacks and the discovery of new cyber risks, leaving organisations with less time to respond, Visa’s Cyprus country manager Michael Ioannides said as ...

Demetra Holdings Plc acquired 3,970 of its own shares on the Cyprus Stock Exchange (CSE) for €1.39 per share on September 21, 2026, the company announced on Tuesday. The transactions were executed through the ...

Foreclosures remain a last resort, CBC analysis finds Cyprus’ foreclosure framework has helped produce a significant number of consensual settlements while keeping repossession of primary homes relatively limited, according to ...

Twenty years after the Maritime Labour Convention (MLC) was adopted, Cyprus has joined a fresh debate over how long seafarers should be expected to work, as fatigue, mental health and ...

The American Chamber of Commerce in Cyprus (AmCham Cyprus) will bring together officials and business leaders in Nicosia on November 6 for its annual conference, focusing on transatlantic cooperation, energy security ...

Cypriot manufacturers and software developers are entering the most demanding phase of Europe’s new cybersecurity regime, Research Deputy Minister Nicodemos Damianou said this week, as new obligations begin to ...

DCO to support startups explore European expansion Cyprus is being positioned as a potential gateway to the European market for businesses from Digital Cooperation Organisation (DCO) member states, with the ...

Eurobank repurchased 1,313,681 of its own shares for €6.14 million on Euronext Athens between September 14 and September 18, 2026, as part of its ongoing share buyback programme. The bank said the shares were bought ...

The net loss of Louis plc widened to €18.70 million in the first half of 2026, as the hotel and tourism group attributed weaker financial performance to a decline in tourist traffic ...

The Agros Development Company (Proodos), owner of the Rodon Hotel in Agros, reported a wider first-half loss of €173,843 this week, with the company expecting weaker financial results for the remainder ...

Allwyn AG purchased 750,116 of its own shares for €9.56 million on Euronext Athens between September 14 and September 18, 2026, as part of its ongoing share buyback programme. The purchases were made under the ...

Alpha Bank has priced a €700 million senior preferred bond issue after attracting €2.9 billion of demand from investors, the Greek bank announced on Monday. The fixed-rate reset notes, due on March 28, 2031, ...

The greatest danger from artificial intelligence may not be a machine turning against humanity, but people gradually losing confidence in their own ability to think without it, Neapolis University Paphos ...

International Chamber of Shipping (ICS) secretary general Thomas Kazakos has taken the industry’s push for free passage through international waterways to the UN Security Council, warning that commercial ships ...

Cyprus recently took part in the SIAL Guangzhou 2026 international food and drink exhibition earlier this month as part of efforts to strengthen trade ties with China and promote Cypriot businesses ...

The European Commission has launched a targeted consultation on whether the EU’s rules governing crypto-assets remain fit for purpose as the market develops and traditional financial institutions increasingly enter ...

Alpha Bank S.A. acquired 2,033,797 of its own shares on Euronext Athens for a total consideration of €9,832,079.81 between September 14, 2026 and September 18, 2026, the Greek lender announced on Monday. The share repurchases ...

Aegean was named Europe’s Best Regional Airline for the 15th consecutive year at the 2026 Skytrax World Airline Awards in London on Monday, marking the airline’s 16th win in ...

Cyprus credit servicers manage €9.3bn in household loans Cyprus’ credit servicers and credit acquiring companies held a €19.28 billion loan portfolio at the end of June 2026, with the sector’s non-performing ...

Cyprus-based technology distributor Asbis reported estimated consolidated revenues of approximately $604 million in August 2026, representing a 91 per cent increase from the same month last year. The Limassol-headquartered company said on Monday ...