#business

Cyprus’ startup ecosystem took a step onto the global stage as Calspak emerged winner of the Startup World Cup Cyprus Regional Finals 2025. The company will represent the island at the ...

Deputy Shipping Minister Marina Hadjimanolis met last week with the president of the Arab Academy for Science, Technology and Maritime Transport (AASTMT), Ismail Abdel Ghaffar Ismail Farag, at the Shipping ...

Cyprus recorded the strongest annual growth in retail trade among all EU member states in May 2025, according to updated figures released by Eurostat this week. Retail turnover on the island ...

Employment in Cyprus’ industrial sector rose by 1.2 per cent in 2023, reaching 42,600 people compared to 42,100 in 2022, according to official figures published in the Survey on Industrial Production 2023. The largest share of ...

Finance Minister Makis Keravnos on Monday will chair a Eurogroup meeting, which is also set to elect a new president for the next two and a half years. According to ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a series of announcements concerning regulatory decisions, authorisation status updates, financial settlements, and administrative sanctions involving several Cyprus-based financial firms. At ...

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the potential impact of US tariffs, with prices rising ...

Greek dairy group Omiros has announced the acquisition of the Cypriot dairy company A. Hadjipieris Ltd through its subsidiary Omiros Dairies Cyprus. The move marks a strategic step for the ...

Agriculture Minister Maria Panayiotou on Monday said that the Strategic Plan for the Common Agricultural Policy (CAP) 2023-2027, with a budget of more than €450 million for rural development, is central ...

Passenger traffic at Cyprus’ two international airports reached a new peak in June 2025, according to figures released on Monday by Hermes Airports. Specifically, the company reported that a total of 1.4 ...

TechIsland, Cyprus’ largest technology association, on Monday announced the creation of the TechIsland Legal Community. According to the announcement, this is a new professional initiative dedicated to lawyers, legal advisors, ...

The Evangelismos hospital in Paphos is set to be acquired following the signing of a sale agreement, pending final approval from the Cyprus Commission for the Protection of Competition (CPC). ...

Cyprus ranks among the lowest in Europe for job satisfaction, workplace leadership and psychological safety, according to the European Workforce Study 2025. The survey, whose findings were shared by Philenews, was ...

The Administrative Court has annulled a fine of more than €6.4 million imposed by the Cyprus Securities and Exchange Commission (CySEC) on Greek business siblings Ioannis and Amalia Vardinogiannis over allegations ...

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) Public Ltd on Monday confirmed that it paid dividends to shareholders on Friday, July 4, 2025. The announcement was made by Ariadne Samouil, Chief Financial Officer of ...

Finance Minister Makis Keravnos on Monday will chair a Eurogroup meeting, which is also set to elect a new president for the next two and a half years. According to ...

The 3rd CSN Mediterranean Crewing Conference drew a full house of international crewing professionals, HR leaders, shipowners and technology providers in Athens end of June, placing a spotlight on seafarers’ ...

Cyprus recorded a 2 per cent rise in house prices in the first quarter of 2025 compared with a year earlier, while rents continued to increase across the island, Eurostat data showed. ...

Intel’s (INTC.O) new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in ...

British services sector activity expanded at the fastest rate in nearly a year in June, and the prices they charged rose at the slowest pace in almost four years, according ...

Grammarly has acquired email efficiency tool Superhuman as part of the company’s push to build an artificial intelligence-powered productivity suite and diversify its business, its executives told Reuters in ...

By Dr Christodoulos Patsalides In the world of banking, long periods of profitability can dull the instinct to reassess risk. When financial institutions experience years of stable returns and upward-trending ...

Here are the top business stories in Cyprus from the week starting June 30: Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard ...

Well-known AI chatbots can be configured to routinely answer health queries with false information that appears authoritative, complete with fake citations from real medical journals, Australian researchers have found. Without ...