#business

Euro area households chose to increase their spending at a faster pace than their income grew during the third quarter of 2025, leading to a dip in the region’s overall ...

Europe remained Cyprus’ biggest foreign direct investment partner in 2024, with inward FDI stock from the continent standing at €295.29 billion, according to the latest data released by the Central Bank of ...

Tributes from financial and research institutions across Cyprus poured in after former President of the Republic of Cyprus George Vassiliou passed away on Wednesday, January 14, with key bodies highlighting his ...

Cyprus recorded a marginal current account deficit of approximately €100 million during the third quarter of 2025, according to Eurostat. At the same time, the broader European Union saw its overall surplus ...

The Cyprus Statistical Service (Cystat) on Thursday reported an increase in building permit activity during September 2025, reflecting continued momentum in construction and housing development. According to the report, the number ...

The Association of Cyprus Banks and the Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced the launch of a new strategic collaboration aimed at strengthening information, transparency and ...

Cyprus’ residential property market continued to show clear regional contrasts during the first ten months of 2025, shaped by both high-value investment and steady domestic demand, according to a report from ...

Major sectoral labour agreements have been concluded, but negotiations are now turning to the renewal of business-level collective contracts in the private sector, a process expected to affect several thousand ...

From ship design and voyage optimisation to electronic bills of lading and AI-assisted safety and compliance, maritime leaders featured in this special column agree on one thing: data, automation and ...

The captain and crew of MV Cymona Eagle, managed by Athens-based Alassia NewShips Management Inc, have been commended for their “exceptional seamanship” and “outstanding efforts” after rescuing a lone rower, ...

Netflix is preparing to make an all-cash offer for Warner Bros Discovery’s studios ‌and streaming businesses, a source familiar with the matter told Reuters on Tuesday. The changes are ...

Altegio managing partner Yri Petrou recently spoke to the Cyprus Mail about the rapid international expansion of the company’s software-as-a-service (Saas) platform, its post-2022 strategic reset and the growing ...

PwC Cyprus hosted a Cyprus–India AI event in Nicosia this week, bringing together business and academic leaders to discuss artificial intelligence (AI) collaboration and its role in innovation and ...

Toyota Motor group company Denso will raise its tender offer price for group firm Toyota Industries to 18,800 yen ($118.11) per share as part of its plan to take the forklift maker ...

Tesla CEO Elon Musk said on Wednesday that the electric vehicle maker’s full self-driving (FSD) software will only be available as a monthly subscription after February 14. Currently, Tesla allows ...

Interest rates set by the Bank of England should continue to fall as inflation is likely to settle ​around the central bank’s 2 per cent target soon, BoE policymaker ‌Alan ...

PwC Cyprus hosted a Cyprus–India AI event in Nicosia this week, bringing together business and academic leaders to discuss artificial intelligence (AI) collaboration and its role in innovation and ...

The number of bounced cheques in Cyprus declined further in 2025, falling to 213, according to figures released on Wednesday by the Central Bank of Cyprus (CBC). This compares with 300 in 2024, 356 in 2023 ...

Constantinos Herodotou has made it onto the final short list of candidates for the presidency of the European Banking Authority (EBA), becoming the first Cypriot to reach the last stage ...

Cyprus’ tax reform introduces changes to capital gains tax covering property exchanges, property sales and the disposal of shares linked to real estate. Amendments to the capital gains law extend ...

The Limassol Chamber of Commerce and Industry (Evel) marked its annual social contribution this week by extending financial support to charitable foundations across the city and district of Limassol, continuing ...

Airlines for Europe (A4E), the European Regions Airline Association (ERA) and the International Air Transport Association (IATA have expressed deep concern over the European Parliament’s latest push to ...

Demand for workers in AI, regulation, data reporting and other specialist skills drove vacancies in Britain’s financial sector up 12 per cent in 2025, recruiting firm Morgan McKinley said on Monday, ...

InterMaritime Shipmanagement, headquartered in Limassol, has announced the appointment of Erwin Derlagen as Senior Technical Director, strengthening the company’s executive leadership and technical capabilities. According to the announcement, Erwin ...