#business

Only 141 of the 728 hotels operating across Cyprus currently hold an operating licence, Paphos hoteliers association president Evripides Loizides said, warning that the problem requires immediate state intervention. Speaking to the ...

The Cyprus Stock Exchange (CSE) announced on Wednesday the outcome of its latest review of listed companies’ compliance with minimum market capitalisation requirements, confirming that one company will have its ...

Eight leading maritime associations, including the International Chamber of Shipping headed by Cypriot secretary-general Thomas Kazakos, have urged the United Nations and the International Maritime Organisation (IMO) to prevent the ...

Cyprus’ registered unemployed rose by 5.8 per cent in July, with the increase driven mainly by administrative and support services, accommodation and food services, public administration and education, according to a ...

Cyprus’ Industrial Turnover Index rose by 3.5 per cent in May 2026, reaching 148 units, according to figures released on Wednesday by the statistical service (Cystat).  For the first five months of the ...

Cyprus integration boosts Eurobank profits to €738m in first half of 2026 Eurobank posted higher profitability for the first six months of 2026, with the banking group highlighting Cyprus as one of ...

Demetra Holdings Plc purchased 3,960 of its own shares on August 4, 2026, as part of an ongoing share buyback programme executed through the Cyprus Investment & Securities Corporation Ltd (CISCO). The company ...

A last-minute rush by distressed borrowers has pushed applications to Cyprus’ mortgage-to-rent scheme beyond 4,200, prompting the government to extend the deadline for another two months.  The state-owned asset management company ...

A widening series of attacks on merchant vessels across the Strait of Hormuz, the Red Sea and the Black Sea is squeezing energy exports and raising the cost of moving ...

Public interest in acquiring shares in Cyprus’ proposed new cooperative bank has been encouraging despite the August holiday period, according to the president of the Pancyprian Cooperative Holding and Cooperative ...

The Cyprus Stock Exchange (CSE) Council this week announced its members’ market shares for July 2026, revealing that CISCO Ltd maintained its dominant lead in equity trading activity across the island’...

Cyprus’ Nissi Beach has been ranked the second best beach in Europe for 2026, offering another boost to the island’s tourism appeal as officials say the sector has returned to ...

The Bank of Cyprus (BoC) has updated its corporate financial calendar, setting key milestone dates for its forthcoming interim dividend distribution and future earnings announcements following a strong first-half financial ...

Cyprus has found its way onto National Geographic’s reading list, and this time the essential holiday packing begins with a novel.  A seven-night escape to Larnaca inspired by Elif ...

Cyprus may have built one of Europe’s largest shipping centres, but its next competitive test will be decided by the number of young people willing to build a life ...

Cyprus Airways has signed a new agreement with Bird Aviation for the provision of heavy aircraft maintenance services, further strengthening the long-standing partnership between the two Cyprus-based aviation companies as ...

The Cyprus Financial Literacy and Education Committee (CyFLEC) on Tuesday launched moneypedia.cy, introducing Cyprus’s new national digital financial literacy portal designed to empower citizens through reliable economic knowledge. ...

Global air passenger demand fell 1.7 per cent in June compared with a year earlier, as weaker domestic travel in China, the US and Japan combined with continued disruption across the ...

Globalwealth Group PLC will see 3,621,164 ordinary shares admitted to trading on the Cyprus Stock Exchange (CSE) on August 7, 2026, after the exchange announced the new listing on Tuesday. The shares, with ...

Minerva Insurance Company Public Ltd on Tuesday announced that its board approved the distribution of an interim dividend for the 2024 financial year, amounting to €0.0003 per share. The company said the ...

Cyprus’s appetite for low-cost online shopping has produced an unexpectedly large return for the state, with the new €3 customs duty generating almost €2 million in July alone.  During the first ...

Demetra Holdings Plc bought another 4,130 of its own shares this week, spending €6,091.75 as it continued the share buyback programme launched last month.  The shares were acquired at €1.475 each through the ...

The National Bank of Greece’s first-half performance has exceeded initial expectations, prompting Beta Securities to upgrade its forecasts for 2026 following the group’s stronger-than-anticipated results and a more favourable ...

Ayia Napa’s Nissi Beach secures second spot in European beach index Cyprus’ Nissi Beach has been ranked the second best beach in Europe for 2026, offering another boost to the ...