#business

Intel (INTC.O) said on Tuesday it would join Elon ​Musk’s Terafab AI chip complex project ‌along with SpaceX, Tesla (TSLA.O) and xAI. Last month, Musk said his ...

The Laiko Group held its annual general meeting recently, marking what it described as a milestone moment as the group returns to a path of stable profitability. The meeting brought ...

Limassol will host this year’s European Maritime Day (EMD) on May 21 and 22, 2026, bringing together policymakers, businesses, researchers and other maritime stakeholders from across Europe for two days of talks, ...

Airport operator Hermes Airports on Tuesday reported a 15.3 per cent decline in air passenger traffic at Cyprus airports, reflecting the impact of the Middle East crisis on tourism flows. According ...

Cyprus on Tuesday launched the Plug and Play Cyprus Innovation Centre, bringing the Silicon Valley-based innovation platform to the island as part of a broader strategy to reposition the country ...

Cyprus’ house prices rose at a faster annual pace in the fourth quarter of 2025, although they were flat compared with the previous quarter, preliminary figures from the state statistical service (...

Some Western and Saudi firms in Riyadh have extended work-from-home advisories this week, five people familiar with the matter ​said, amid concern over a looming US-imposed deadline for Iran ‌to ...

Britain said on Tuesday it would cap interest rates on millions of student loans at 6 per cent from September 2026, saying conflict ​in the Middle East risked pushing up inflation and ...

The Cyprus Statistical Service (Cystat) on Tuesday reported a 19.5 per cent increase in building permits issued during the period January to December 2025. For the month of December 2025 alone, the number ...

The eurozone’s private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand – ​a key gauge for ...

Cyprus’ parliament this week approved legislation exempting, with retroactive effect from January 1, 2010, the remuneration of seafarers who are not permanent residents of the Republic from contributions to the social cohesion ...

The Cyprus Stock Exchange (CSE) council on Tuesday released a report detailing the official market shares of its members for the month of March 2026. The detailed tables provided by the ...

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) Public Ltd on Tuesday announced the convening of a board of directors meeting to approve its audited consolidated financial statements. According to the announcement, the ...

The Research and Innovation Foundation (RIF) on Tuesday announced the signing of an agreement with NetU Consultants Ltd for the development and implementation of a new integrated grants management platform ...

By Demetris Stefani On March 2, 2026, the Strait of Hormuz, the world’s most critical energy passage, effectively closed. Approximately 20 per cent of global seaborne oil trade has been disrupted. Crude ...

Foreign ministers from more than 40 countries were updated on the International Maritime Organisation’s (IMO) response to the situation in the Strait of Hormuz during a virtual meeting hosted by ...

Five weeks after US and Israeli strikes on Iran, Tehran still holds effective control over passage through the Strait of Hormuz, allowing only limited vessel movements despite mounting international pressure ...

European Central Bank (ECB) officials have said that euro area banks are adjusting to declining central bank reserves while continuing to rely on favourable market conditions to manage liquidity. In ...

Atlantic Insurance Company Public Ltd has reported total profit attributable to shareholders of €20.18 million for 2025 and decided to propose a dividend of 17 cents per share, up from 14.5 cents the previous ...

Student housing is gaining strong investment momentum in Cyprus and Greece amid ongoing economic uncertainty, according to the co-founders of Cyprus-based proptech startup MyStudentFlat. In a piece of analysis released ...

The Central Bank of Cyprus (CBC) on Monday released its latest interest rate statistics for February 2026, showing declines in both deposit and lending rates alongside an increase in new loan ...

European Central Bank policymaker Yannis Stournaras ​said on Monday that ‌the appropriate eurozone monetary policy will depend on the size and ​nature of energy supply ​disruption from the Iran conflict. ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that it will host the Cyprus Market Access Day 2026 in Limassol later this month, in order to support businesses expanding ...

Venture capital firm Kinisis Ventures this week pointed to strong market momentum in the screen-less wearable technology sector, as major players raised billions while its portfolio company EQQU advances towards ...