#business

Inflation in Cyprus is estimated to have fallen slightly in August 2025, with the annual rate expected at -0.1 per cent, Eurostat reported on Tuesday. At the same time, the monthly ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Employers and Industrialists Federation (Oev) have found common ground with Tax Commissioner Soteris Markides on aspects of the proposed tax ...

Cyprus’ overdue tax debts rose to €4.05 billion in the first quarter of 2025, nearly €1 billion higher than the same period of 2024, according to the quarterly progress report submitted by the Tax ...

Ermes Department Stores Plc has completed the transfer of its ERA department store operations to Nicosia-based Gencom Ltd for a nominal sum of €1, the company confirmed following its May 9 announcement.  ...

The Bank of Cyprus Holdings Plc has announced the appointment of a new member to its board of directors. The announcement was published on September 1, 2025, through the Cyprus Stock Exchange. ...

Demetra Holdings Plc has initiated and executed share buybacks following shareholder approval at its annual general meeting in June, with transactions carried out through the Cyprus Investment and Securities Corporation (...

Cyprus is moving ahead with plans to establish a national mechanism for screening foreign direct investment (FDI), with the revised bill gaining broad support in a meeting by the House ...

Cyprus’ economy recorded solid growth in the second quarter of 2025, according to a report released this week by the state statistical service. In real terms and adjusted for seasonality, Cyprus’ ...

Retail trade in Cyprus recorded solid growth in July 2025, with the Retail Trade Turnover Value Index rising by 5.2 per cent compared with July 2024. The Retail Trade Turnover Volume Index showed ...

MPs on Monday wrapped up discussion of a bill to privatise the Cyprus Stock Exchange, aiming to pass the legislation by the end of the month. Established in 1993, the CSE ...

Global air passenger demand grew by 4 per cent in July 2025 compared with the same month last year, according to figures released by the International Air Transport Association (IATA). At the ...

The Cyprus Chamber of Commerce and Industry (Keve) on Monday announced that the 5th Cyprus Networking Forum, CNF2025, is set to take place in Nicosia on September 4, 2025. The event is ...

British house prices unexpectedly fell in August as buyers struggled to afford high valuations, mortgage lender Nationwide Building Society said on Monday. Property prices slipped by 0.1 per cent last month ...

BlackRock has become the second-largest shareholder of Freedom Holding Corp. after boosting its stake in the company to 0.85 per cent, with an investment valued at about $89 million. Freedom Holding Corp., ...

Oil prices rose 1 per cent on Monday on worries over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar. Brent crude was up 62 cents, or 0.9 per ...

The Cyprus Employers and Industrialists Federation (Oev) has urged lawmakers to speed up work on a long-delayed bill regulating the management of co-owned buildings, warning that the legislation affects thousands ...

Cyprus’ seasonally adjusted unemployment rate climbed to 5 per cent in July 2025, rising slightly from 4.7 per cent in June and 4.7 per cent a year earlier, according to Eurostat figures released on ...

The merger between Hellenic Bank and Eurobank Cyprus began today, September 1, 2025, with the transfer of all assets and liabilities of Eurobank Cyprus to Hellenic Bank. At the same time, the ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday launched a new quiz designed to help investors assess their ability to recognise investment fraud. According to an official announcement, the ...

Chief Scientist Demetris Skourides recently carried out an introductory visit to the SOZO Brain Center in Cyprus, according to an announcement released on Monday. The visit allowed Skourides to review ...

Cubic Games, part of Cyprus-based GDEV, is focusing on community-driven growth for its hit title Pixel Gun 3D rather than on traditional traffic acquisition marketing, according to chief marketing officer ...

Safe Bulkers Inc., listed on the New York Stock Exchange and led by Cypriot CEO Polys V. Hajioannou, has extended the application deadline for its 5th Annual Scholarship Programme for ...

Dell raised its annual revenue and profit forecasts on Thursday, buoyed by demand for its artificial intelligence-optimized servers that are powered by Nvidia’s advanced chips. Shares fell around 5 per ...

The Middle East smartphone market recorded remarkable growth in the second quarter of 2025, according to new research from industry analysts Canalys. Excluding Turkey, shipments in the region rose by 15 per ...