#business

Food prices in Cyprus are once again rising faster than wider inflation, adding fresh pressure to household purchasing power, according to a report by Trojan Economics, a Cyprus-based firm specialising ...

Logicom Public Ltd announced this week that it expects a marginal reduction in turnover for the first half of 2026 compared to the same period in 2025. The company attributed this decline ...

Rating agency Moody’s has estimated that while the impact of recent legislative intervention regarding loans under the Katseli law is not negligible for Greek banks, the associated costs remain ...

Agros Development Company Proodos Public Ltd announced this week that it expects a significant divergence in its financial performance for the first half of the year compared to the same ...

Private sector deposits in Greece witnessed a substantial increase of €5.31 billion during May 2026, marking a complete reversal from the €66 million decline recorded in April, according to the latest figures released ...

Global air cargo demand rose 6 per cent year-on-year in May, supported by stronger trade and manufacturing activity, although disruption linked to the war in the Middle East continued to weigh ...

The European Union saw a widespread reduction in its livestock populations throughout 2025, according to official statistics released by Eurostat. New data indicates that the bloc held 131.5 million pigs, 71.6 million bovine ...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it has updated the trading status of several companies listed on the Emerging Companies Market following a review of their independent ...

The Cyprus shipping sector and its European maritime agenda were discussed on Tuesday during a meeting between the Shipping Deputy Minister Marina Hadjimanolis and representatives of Polsteam Shipping Company, according ...

Cyprus tourism shows signs of stabilisation after shocks Cyprus tourism showed signs of stabilisation in official figures for May and June, Deputy Minister of Tourism Kostas Koumis told parliament on ...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it has updated the trading status of several listed companies following an examination of their independent auditor reports for the financial ...

Cyprus’ current account deficit widened and its international investment position deteriorated during the first quarter of 2026, according to preliminary external sector data released on Tuesday by the Central Bank of ...

The Cyprus Employers and Industrialists Federation (Oev) on Tuesday welcomed the outcome of Cyprus’ six-month Presidency of the Council of the European Union, saying it not only enhanced the country’...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it will continue the suspension of trading for the shares of four public companies. This decision follows a directive from the ...

Cyprus recorded a general government fiscal surplus of €552.9 million during the first five months of 2026, according to preliminary figures released by the Cyprus Statistical Service (Cystat) on Tuesday, with higher ...

AI is no longer simply a productivity tool, but is becoming one of the most important sources of operating leverage for companies that know how to use it, according to ...

The European Union will begin charging a fixed €3 customs duty on small parcels imported from outside the bloc from Wednesday, July 1, in a move aimed at curbing the surge in ...

Hotelier’s association Pasyxe will hold its annual general meeting in Nicosia on Tuesday, July 7, marking both the election of a new leadership and the association’s 90th anniversary. The ...

Eurobank announced on Monday that its board of directors decided to appoint John Arthur Hollows, an independent non-executive board member, as a new member of the audit committee. The appointment, ...

Global shipping will need almost 114,000 additional officers by 2030, as demand for qualified seafarers continues to outpace supply across the world merchant fleet, according to the new Seafarer Workforce Report 2026.  The ...

Cyprus used its six-month Presidency of the Council of the EU to push forward key European files on digital policy, artificial intelligence, research and innovation, Deputy Minister Nicodemos Damianou said, ...

EU ministers have adopted the bloc’s first Council conclusions dedicated specifically to housing, in what Cyprus described as a new step towards closer European cooperation on one of the ...

Cyprus’ young robotics team Robotheadz is preparing to represent the island in Australia, after winning the national FIRST LEGO League competition with a project linking technology and cultural heritage. The ...

Cyprus lacks a coherent long term energy strategy despite growing pressures from costs, climate targets and geopolitics, according to energy expert and former chief of the Cyprus Energy Regulatory Authority (...