#business

The Central Bank of Cyprus (CBC) on Wednesday introduced a new section on its website titled ‘Statistics Explained’, aimed at strengthening statistical literacy among the public. The initiative presents key ...

Cyprus’ economic climate improved marginally in June 2026, with the Economic Sentiment Indicator rising by 0.2 points compared with May, according to the latest monthly business and consumer survey published by the ...

Nearly 100 experts from across Europe gathered in Limassol between June 22-24, 2026 for the 2nd Technical Workshop on Digital Anti-Fraud Tools, where the European Anti-Fraud Office (OLAF) and Cyprus’ Anti-Fraud Coordination ...

Cyprus’ trade office in the Gulf has moved to place the island’s exporters within a wider European conversation on food security, resilient supply chains and predictable access to one ...

Cyprus-based technology firm NETinfo plc on announced Wednesday important dates regarding the final dividend payment for shareholders, following the company’s annual general meeting held on June 22, 2026. The Cyprus Stock ...

The Cyprus Chamber of Commerce and Industry (Keve) has informed businesses about a new survey launched by the Digital Security Authority (DSA) to identify the needs of startups operating in ...

Scope Ratings has reaffirmed Alpha Bank’s BBB issuer rating with a stable outlook, citing the bank’s strong market position, improving profitability and robust capital buffers. In its latest ...

Cypriot investment firm Demetra Holdings Plc acquired 1,546 of its own shares at a price of €1.66 each during a session held on June 23, 2026. According to an announcement on Wednesday, the transaction ...

Cyprus-based maritime services firm Tototheo Global, The Heritage Private School and the Cyprus University of Technology (Tepak) have signed a memorandum of understanding to launch a new educational pilot programme ...

Shipping leaders used the International Chamber of Shipping’s  (ICS) Rome summit this week to call for stronger cooperation across the maritime sector, with WISTA International president Elpi Petraki saying ...

The International Maritime Organisation (IMO) and Oman have opened temporary sea lanes through the Strait of Hormuz as part of a controlled plan to move stranded commercial ships and more ...

Robotex Cyprus 2026 returns this weekend with its largest turnout since the Covid period, as more than 700 registrations emphasise the rapid growth of educational and sports robotics across the island.  The 9...

Europe’s property markets are entering the second half of 2026 with a clearer message for investors, the easy “cheap versus expensive” comparison is no longer enough.  The newest figures already ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Tuesday that it had suspended the licence of Cyprus Investment Firm (CIF) Mind Money Limited over suspected breaches of regulatory requirements ...

The digital euro will offer offline transactions, physical cards for people who do not use smart devices and a full rollout by 2030, according to Central Bank of Cyprus (CBC) payments ...

Porsche’s new ​CEO appealed to shareholders for patience on Tuesday, promising detailed turnaround measures later this ‌year as investors press the sports car maker to reverse a slump in ...

Oracle’s (ORCL.N) total workforce declined 13 per cent, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring ​its business, partly driven by the adoption of AI ...

European and global shipowners have called for closer alignment between EU and international ship recycling rules, warning that diverging standards risk complicating the sector just as the new global framework ...

Banks association calls for cooperation with new parliament, stresses need for financial stability Cyprus’ banking sector has called for close cooperation with the state and the newly elected House of ...

Investment firm Demetra Holdings bought back a total of 6,881 of its own shares on June 22, through the Cyprus Investment & Securities Corporation (CISCO),following authorisation from its annual general meeting. ...

Limassol hotels bank on locals to bridge summer occupancy gap Limassol’s hotel sector is banking on last-minute bookings and domestic tourism to lift summer demand, as occupancy rates remain ...

Digital euro to offer offline payments by 2030 The digital euro will offer offline transactions, physical cards for people who do not use smart devices and a full rollout by 2030, according ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has said that the central bank is examining the activation of a systemic risk buffer, while warning that strong current performance should ...

Lending criteria for businesses and households in Cyprus remained unchanged during the first quarter of 2026 compared to the previous three-month period, according to the latest bank lending survey published by ...