#business

Signals for the upcoming summer tourism season are encouraging, with a steady flow of bookings from all markets, particularly favouring the Famagusta district, according to Panayiotis Constantinou, president of Famagusta ...

Safe Bulkers companies were ranked among the world’s leading port state control (PSC) performers in the latest assessment by RISK4SEA, reinforcing the Cypriot-linked group’s safety record in ...

Freedom Holding Corp. this week reported resilient financial performance for the third quarter and nine months of fiscal year 2026, as the diversified financial services group continued to expand its global ...

The Cypriot banking sector experienced a further improvement in terms of the volume of non-performing loans across the system, according to a report from the Central Bank of Cyprus (CBC) ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Tuesday argued that productivity must be placed at the heart of every reform as Cyprus and Europe confront slowing growth and ...

Industrial producer prices in Cyprus bucked the wider European trend by rising in December 2025, even as the broader euro area experienced a cooling of factory-gate inflation. According to first estimates ...

Labour Minister Marinos Moushiouttas on Tuesday met with the board of the Cyprus Chamber of Commerce and Industry (Keve) to discuss mounting labour market pressures and key policy reforms affecting ...

Cyprus recorded solid economic growth in 2024, as real GDP rose by 3.9 per cent year-on-year, according to regional data released by Eurostat covering economic performance across the European Union. Across the ...

Cyprus hosted the launch of the Mediterranean project SheEmpower in Larnaca, aiming to boost the competitiveness of women-led businesses through entrepreneurship, digital and innovation skills under the Interreg NEXT MED ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Tuesday argued that productivity must be placed at the heart of every reform as Cyprus and Europe confront slowing growth and ...

Cyprus’ tax reform has moved from design to implementation, shifting attention to how the new framework will affect competitiveness and investment appeal, according to Stavros Stavrou, president of the Cyprus ...

Columbia Group president and chief executive Mark O’Neil said in Athens this week that the cost of creating ‘smart vessels’ has fallen dramatically in recent years, making digitalisation a ...

Cyprus will assume the EU Council Presidency “at a defining moment for Europe”, Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides said in Brussels, arguing that deeper capital markets ...

Retail sales in Cyprus recorded the strongest annual growth in the European Union in December 2025, even as overall retail trade volumes declined month-on-month across the euro area and the EU, ...

Fisheries transparency has emerged as an early test of Cyprus’ leadership of the Council of the European Union, as Oceana urged the government to tighten rules on fishing vessel ownership ...

The board of directors of ASBISc Enterprises Plc, a leading Cyprus-based IT distributor commonly known as Asbis, has announced announced that the Zbigniew Juroszek Family Foundation has reduced its voting ...

Shipping Deputy Minister Marina Hadjimanolis carried out a working visit to Athens and Alexandria between February 4 and 9, as part of broader efforts to bolster the island’s maritime diplomacy in ...

Property market dynamics in Cyprus and internationally are increasingly shaped by infrastructure resilience, climate risk and affordability pressures, as new data released in January 2026 highlighted rising sales, widening cost gaps ...

Germany’s carnival season, whose celebrations will peak this week, is set to generate nearly 2 billion euros ($2.36 billion) in revenue this year, according to a study by the German Economic ...

Saudi Arabia has ordered 20 new high-speed trains from Spain’s Talgo SA (TLGO.MC), the company and Spain’s transport minister have announced. In a statement, Talgo said the deal ...

The Cyprus Trading Corporation, Woolworth Cyprus Properties and Ermes Department Stores have all announced that they will hold their annual general meetings on February 27, 2026, at their registered offices in Strovolos, ...

Limassol remains a highly competitive Mediterranean tourist destination but must continue improving its infrastructure and services, Deputy Tourism Minister Kostas Koumis said on Monday after meeting local authorities and industry ...

It would be “impossible” to move 40 per cent of Taiwan’s semiconductor capacity to the US, the island’s top tariff negotiator said, pushing back against recent comments by American ...

Eurobank on Monday announced that it repurchased 1,761,170 of its own shares on the Athens Stock Exchange (ATHEX) during the period from February 2, 2026 to February 6, 2026, as part of its approved share ...