#business

Disy on Tuesday warned that Cyprus’ housing crisis is worsening rather than easing, saying that much faster action is needed to increase the country’s housing stock. In a statement, ...

The Cyprus Free/Libre and Open Source Software Association (Ellak) has announced the launch of the Cyprus Open Digital Futures Week, a programme of civic, technical and policy events designed ...

The National Bank of Greece (Cyprus) announced on Wednesday that the European Central Bank (ECB) has approved the appointment of Andreas Persianis as an independent non-executive member of the bank’...

Demetra Holdings Plc announced on Wednesday that it conducted a series of transactions on June 9, 2026, purchasing 13,364 of its own shares at an average price of €1.66 per share. The repurchase of ...

Cyprus this week marked a major milestone in artificial intelligence and high-performance computing, with the Cyprus Information Technology Enterprises Association (CITEA) saying that the launch of new national infrastructures opens ...

The Greek state secured €3 billion on Wednesday as high investor demand met the reopening of an existing 10-year bond maturing in June 2036. Total bids for the bond reached €36 billion during ...

Education remains key factor in job market success across Europe Cyprus recorded an unemployment rate of 4.4 per cent in 2025, according to new Eurostat data, placing the island well below the ...

The Cyprus Stock Exchange (CSE) announced on Wednesday the listing of 1,440,000 additional ordinary shares of Solidus Securities, each with a nominal value of €1.00. This listing, conducted in accordance with Article 58(1) ...

Ten bounced cheques, with a total value of €32,026, were registered in the preliminary list of the Central Information Register (CIR) in May, according to data released by the Central Bank ...

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of decisions affecting investment firms and funds, including the withdrawal of licences and the commencement of liquidation procedures for ...

Greek lender Eurobank S.A. on Wednesday announced the official commencement of a new share buyback programme, following the receipt of necessary regulatory approvals. The initiative was formally authorised by ...

The Red Sea has returned to the centre of global shipping concerns, as renewed Houthi threats and the escalation between Israel and Iran raise fresh fears over supply chains, energy ...

The Cyprus Cement Public Company Ltd announced on Wednesday that it purchased 1,580 of its own shares at a price of €1.31 per share. According to the relevant filing, the total value ...

Leptos Group is placing branded residences, large-scale seafront developments and international partnerships at the centre of its latest push to promote Cyprus as a more outward-looking investment destination.  According to ...

Limassol-headquartered Muse Group, a global leader in music education and technology, has announced the start of a new phase in its development following the conclusion of a two-year investment partnership ...

Cyprus businesses warned over tax receipt compliance Cyprus’ Tax Department is preparing a wave of extensive inspections in businesses operating in coastal areas during July and August, as part of ...

Cyprus-headquartered gaming company Strikerz Inc. CEO and co-founder Eugene Nashilov has said the company wants UFL Mobile to become one of the world’s top three football games, as the ...

A delegation from the Association of Cyprus Banks (ACB) spent the past two days in Brussels, where it presented the positive performance of the Cypriot economy and banking sector to ...

The Bank of Cyprus (BoC) has introduced a new feature for cardholders that allows customers to view the location of merchants in real time for every payment made through the ...

The Cyprus Presidency of the Council of the EU advanced key transport and maritime files in Luxembourg on Monday, as ministers adopted conclusions on European shipping and ports, while also ...

EU enterprises engaged in international goods trade remain heavily skewed towards import activity, with only a minority operating as balanced two-way traders, according to Eurostat. According to the latest data, 21.3 ...

Wind turbine production across the European Union has shown renewed growth after years of volatility, with output reaching its highest level in a decade in 2024, according to Eurostat. The statistics ...

Energy Minister Michalis Damianos used his participation at the 10th Ministerial Meeting of the East Mediterranean Gas Forum (EMGF) in Washington to stress that current geopolitical developments make it essential ...

Finance Minister Makis Keravnos will travel to Luxembourg on Wednesday to participate in the upcoming Eurogroup meeting and chair the Ecofin Council the following day as part of Cyprus’ responsibilities ...