#business

Cyprus’ current account deficit widened and its international investment position deteriorated during the first quarter of 2026, according to preliminary external sector data released on Tuesday by the Central Bank of ...

The Cyprus Employers and Industrialists Federation (Oev) on Tuesday welcomed the outcome of Cyprus’ six-month Presidency of the Council of the European Union, saying it not only enhanced the country’...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it will continue the suspension of trading for the shares of four public companies. This decision follows a directive from the ...

Cyprus recorded a general government fiscal surplus of €552.9 million during the first five months of 2026, according to preliminary figures released by the Cyprus Statistical Service (Cystat) on Tuesday, with higher ...

AI is no longer simply a productivity tool, but is becoming one of the most important sources of operating leverage for companies that know how to use it, according to ...

The European Union will begin charging a fixed €3 customs duty on small parcels imported from outside the bloc from Wednesday, July 1, in a move aimed at curbing the surge in ...

Hotelier’s association Pasyxe will hold its annual general meeting in Nicosia on Tuesday, July 7, marking both the election of a new leadership and the association’s 90th anniversary. The ...

Eurobank announced on Monday that its board of directors decided to appoint John Arthur Hollows, an independent non-executive board member, as a new member of the audit committee. The appointment, ...

Global shipping will need almost 114,000 additional officers by 2030, as demand for qualified seafarers continues to outpace supply across the world merchant fleet, according to the new Seafarer Workforce Report 2026.  The ...

Cyprus used its six-month Presidency of the Council of the EU to push forward key European files on digital policy, artificial intelligence, research and innovation, Deputy Minister Nicodemos Damianou said, ...

EU ministers have adopted the bloc’s first Council conclusions dedicated specifically to housing, in what Cyprus described as a new step towards closer European cooperation on one of the ...

Cyprus’ young robotics team Robotheadz is preparing to represent the island in Australia, after winning the national FIRST LEGO League competition with a project linking technology and cultural heritage. The ...

Cyprus lacks a coherent long term energy strategy despite growing pressures from costs, climate targets and geopolitics, according to energy expert and former chief of the Cyprus Energy Regulatory Authority (...

Greek lender Alpha Bank announced this week that shareholders will receive a cash dividend following the approval of the distribution by the bank’s annual general meeting held on June 26, 2026. ...

Cyprus recorded 63 occupations with labour shortages and 11 with labour surpluses in 2024, according to the EURES Labour Shortages and Surpluses Report 2025, which persistent gaps across the technology, tourism and healthcare sectors. ...

Global mergers and acquisitions are projected to reach an annual value of $4 trillion in 2026, marking the strongest performance for the sector since 2021, according to a report published by PwC. The ...

The Cyprus Chamber of Commerce and Industry (Keve) has issued a call for small and medium-sized enterprises (SMEs) to participate in a European Commission survey regarding occupational safety and health ...

The European Commission submitted proposals to the European Council on Monday for the signing and conclusion of the Comprehensive Economic Partnership Agreement (CEPA) and the Investment Protection Agreement (IPA) between ...

British companies expectations for growth in the coming quarter fell this month to their ​lowest level this year, according to a ‌survey released this week that added to a run ...

Bank of England Chief Economist Huw Pill said on Monday that the central bank’s shift in communications to focus on multiple ​scenarios rather than a single forecast makes it ...

Fresh fighting in the Middle East has slowed the return of shipping through the Strait of Hormuz to normal levels, keeping war-risk premiums elevated and delaying the full recovery of ...

Strong tourism performance of 2025 makes for difficult comparisons, says government Cyprus’ tourism revenue fell significantly in April 2026, when compared to the year before, according to figures released by the statistical ...

The annual growth rate of the broad monetary aggregate M3 rose to 3.2 per cent in May 2026, up from 2.7 per cent in April, according to a report from the European Central ...

The Central Bank of Cyprus (CBC) announced on Monday that it has decided to maintain the countercyclical capital buffer rate at 1.5 per cent. The CBC determined that the current level ...