#business

Cyprus helped steer a long-awaited European agreement on air passenger rights this week, with EU officials saying the revised rules will bring clearer compensation procedures, stronger protection for travellers and ...

Cypriot beverage maker Keo plc is to hold its annual general meeting on July 8, 2026, at the company’s registered office in Limassol. The firm announced that, in accordance with article 128 ...

Gen Z and millennials prioritise wellbeing over promotions, survey finds Gen Z and millennials are increasingly prioritising stability, wellbeing and skills development over rapid career advancement, according to findings released ...

Greek shipowner George Prokopiou has warned that global development depends on open seas and access to affordable energy, calling for greater realism in Europe’s maritime and environmental policies.  Speaking ...

The growing presence of Israeli entrepreneurs in Larnaca was discussed on Monday during a meeting between Larnaca chamber of commerce and industry president (Evel) Nakis Antoniou and Israel’s Ambassador ...

The agreement between the US and Iran to end their military standoff has brought immediate relief to international markets, sending oil prices lower and easing fears over energy supplies.  However, ...

Cyprus’ role as a bridge between Europe, the Middle East and Africa came into focus on Monday, as officials, business leaders and investment experts gathered in Nicosia for the EuroMED ...

The Central Bank of Cyprus (CBC) this week published new figures showing that significant differences remain between interest rates offered by Cypriot banks and those prevailing across the eurozone, although ...

Young graduates in Cyprus achieved an employment rate of 82.3 per cent in 2025, closely mirroring the European Union average, according to a report from Eurostat. The overall employment rate for recent ...

Industrial output in Cyprus saw a marginal rise of 0.1 per cent in April 2026, mirroring the modest growth observed across the wider euro area and the European Union. According to first ...

The Cyprus Economy and Competitiveness Council on Monday presented the Cyprus Competitiveness Report 2025, highlighting the need to attract more productive investments that create genuine economic activity, new jobs and knowledge ...

Morgan Stanley has initiated coverage of Greece’s banking sector with a positive stance, arguing that the investment case for Greek lenders remains compelling despite the strong rally recorded in ...

An independent evaluation report has concluded that the €0.014 per share offer made by the Cyprus Trading Corporation (CTC) for the acquisition of Ermes Department Stores is fair and reasonable under ...

Wholesale trade turnover in Cyprus rose sharply in the first quarter of 2026, while activity in the sales and repair of motor vehicles sector declined compared with the same period a ...

Cypriot beverage company KEO plc announced on Monday that its board of directors has proposed a dividend payment to shareholders during a meeting held earlier today. The proposal involves a ...

The Cyprus Development Bank (CDB) announced on Monday that it will proceed with the payment of interest to bondholders for its CDBB1 series. The payment covers the six-month interest period ...

The Cyprus Stock Exchange (CSE) has announced that it authorised the listing of new 13-week government treasury bills totalling €50 million following a successful auction held on June 12, 2026. These securities consist ...

ICT sector stands out as success story in latest Cyprus competitiveness report The Cyprus Economy and Competitiveness Council on Monday presented the Cyprus Competitiveness Report 2025, highlighting the need to attract ...

Cyprus has moved to position itself among Europe’s more competitive jurisdictions for cryptocurrency investors, introducing a dedicated tax regime for crypto assets from January 1, 2026, with a flat 8 per cent ...

Total employment in Cyprus’ broad public sector reached 78,388 persons in the first quarter of 2026, marking a year-on-year increase, according to the state statistical service (Cystat). According to Cystat, employment in ...

Shipping Deputy Minister Marina Hadjimanolis on Monday welcomed Cuban Ambassador Ruben Pino Martinez to the Shipping Deputy Ministry, where the two sides discussed ways to deepen cooperation in the maritime ...

Cyprus’ Chief Scientist for Research, Innovation and Technology, Demetris Skourides, represented the country at two European science and policy meetings in Austria and Germany last week, as discussions focused on ...

Cyprus recorded 13,905 job vacancies in the first quarter of 2026, with the job vacancy rate standing at 2.8 per cent, according to the Statistical Service (Cystat).  Overall, the figures point to continued ...

The US-Iran agreement marks an important development for energy markets and global trade, although inflationary pressure is expected to remain in place for some time, according to University of Cyprus ...