#business

Cyprus recorded an estimated annual inflation rate of 4 per cent in June 2026, up from 3.5 per cent in May, according to flash figures released on Tuesday by Eurostat, while inflation across ...

Cyprus’ turnover value index of retail trade saw an year-on-year increase of 9.8 per cent in May, according to a report from the state statistical service (Cystat). For the same month, ...

A total of 800 homes out of 1,200 approved properties have been incorporated into the mortgage to rent scheme, state-owned asset management company Kedipes said on Wednesday, as it continues processing applications. ...

The board of directors of ASBISc Enterprises Plc has announced the appointment of Jaan Kristian Teär as a non-executive director, with the decision taking effect from July 1, 2026. This leadership ...

The European Commission’s pledge to prevent shipping companies from being charged twice for the same emissions is a welcome step, but the industry now needs clear guidance on how ...

Demetra Holdings Plc held its twenty-sixth annual general meeting in Nicosia on June 30, where the company announced a significant return of capital to shareholders alongside a cautionary outlook for the ...

PwC Cyprus entered a new leadership chapter on Wednesday, with Andreas Yiasemides assuming the role of CEO for a four-year term, succeeding Philippos Soseilos after more than four years at ...

Britain’s economy grew robustly in the first quarter ‌of 2026, official data confirmed this week, but households were squeezed even before the worst effects of the US-Iran conflict started to ...

The 5th Digital Cyprus Conference 2026 was successfully held this week in Nicosia, bringing together senior business executives, government representatives, technology professionals and internationally renowned speakers.  Organised by the Cyprus Information ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that it recently presented its annual academic excellence award to the top-performing economics student at the University of Cyprus, continuing a long-standing ...

Eurobank says 96 per cent of transactions are now digital Eurobank this week presented its new Banking Forward strategy in Athens, outlining a €1 billion technology investment programme alongside a broad digital ...

The value of loans managed outside Cyprus’ banking system increased by €256 million during the first quarter of 2026, according to figures released this week by the Central Bank of Cyprus (CBC), ...

The Cyprus Statistical Service (Cystat) reported this week that the Index of Industrial Output Prices for May 2026 reached 125.7 units, marking a 3.0 per cent increase compared to April 2026. When measured against ...

Cyprus tourism showed signs of stabilisation in official figures for May and June, Deputy Minister of Tourism Kostas Koumis told parliament on Tuesday during a House Trade Committee session examining ...

Food prices in Cyprus are once again rising faster than wider inflation, adding fresh pressure to household purchasing power, according to a report by Trojan Economics, a Cyprus-based firm specialising ...

Logicom Public Ltd announced this week that it expects a marginal reduction in turnover for the first half of 2026 compared to the same period in 2025. The company attributed this decline ...

Rating agency Moody’s has estimated that while the impact of recent legislative intervention regarding loans under the Katseli law is not negligible for Greek banks, the associated costs remain ...

Agros Development Company Proodos Public Ltd announced this week that it expects a significant divergence in its financial performance for the first half of the year compared to the same ...

Private sector deposits in Greece witnessed a substantial increase of €5.31 billion during May 2026, marking a complete reversal from the €66 million decline recorded in April, according to the latest figures released ...

Global air cargo demand rose 6 per cent year-on-year in May, supported by stronger trade and manufacturing activity, although disruption linked to the war in the Middle East continued to weigh ...

The European Union saw a widespread reduction in its livestock populations throughout 2025, according to official statistics released by Eurostat. New data indicates that the bloc held 131.5 million pigs, 71.6 million bovine ...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it has updated the trading status of several companies listed on the Emerging Companies Market following a review of their independent ...

The Cyprus shipping sector and its European maritime agenda were discussed on Tuesday during a meeting between the Shipping Deputy Minister Marina Hadjimanolis and representatives of Polsteam Shipping Company, according ...

Cyprus tourism shows signs of stabilisation after shocks Cyprus tourism showed signs of stabilisation in official figures for May and June, Deputy Minister of Tourism Kostas Koumis told parliament on ...