#business

Cyprus’ total sales of petroleum products fell by 5.1 per cent in May 2026 compared with the same month last year, even as monthly demand strengthened and the government moved to shield ...

Logicom Public Ltd shareholders have approved the payment of a €0.10 dividend per share during the company’s annual general meeting. The dividend, corresponding to 29.4 per cent of the nominal value ...

Petrolina (Holdings) Public Limited announced on Friday that its financial results for the first half of 2026 are expected to show a significant improvement compared with the corresponding period of 2025. The ...

Artificial intelligence can write code, create images and suggest solutions, but it cannot dream or replace human judgement, Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou told University ...

Andreas Christoforou has been re-elected to the YoungShip International Board and appointed Regional Representative for Southern Europe, in a move that strengthens Cyprus’ presence within the global network for young ...

The International Maritime Organisation (IMO) has temporarily suspended its evacuation plan for vessels trapped in the Persian Gulf after an attack on a merchant ship in the Gulf of Oman, ...

French tyre maker Michelin will close its BFGoodrich plant in Tuscaloosa, Alabama, by the end of 2028, affecting around 1,200 workers, as global tyre manufacturers continue to adjust to weaker demand, underused ...

Researchers link climate events to regional economic output Extreme heat waves and droughts are increasingly threatening economic growth across the European Union, with the agricultural sector in regions such as ...

Greek lenders, some of which also operational in Cyprus, remain on course for strong growth despite geopolitical tensions in the Middle East and concerns over the tourism season, with UBS ...

Construction prices for new residential buildings in Cyprus climbed to their highest level on record in 2025, according to new Eurostat data, reflecting a broader increase in building costs across the ...

The European Securities and Markets Authority (ESMA), acting as the financial markets regulator and supervisor for the European Union (EU), has published the official register of firms authorised to act ...

The International Air Transport Association (IATA) has identified four priorities to tackle persistent failures in the aerospace supply chain, warning that delivery delays, parts shortages and constrained maintenance capacity are ...

The International Air Transport Association (IATA) and the International Airlines Technical Pool (IATP) have agreed to cooperate in helping airlines improve their visibility of, and access to, aircraft parts, as ...

British retail sales slid further this month, with sales far below the norm expected for this ​time of year, according to a survey on ‌Thursday that added to signs of ...

Alpha Bank S.A. on Thursday announced that it has secured a controlling 69.61 per cent stake in Alpha Trust Holdings S.A., fulfilling the key condition required for the completion ...

Cypriot lawyer Stavros Pavlou was appointed as a new member of the International Court of Arbitration of the International Chamber of Commerce (ICC) following a proposal by the ICC Cyprus ...

Construction prices for new residential buildings in Cyprus climbed to their highest level on record in 2025, according to new Eurostat data, reflecting a broader increase in building costs across the ...

Cyprus Customs Department explains new €3 duty on low-value online imports Consumers in Cyprus ordering goods from outside the European Union will begin paying a temporary €3 customs duty per product category ...

Cyprus’ shipping industry has joined the global maritime community in marking this year’s Day of the Seafarer, paying tribute to the people who keep goods, energy and food moving ...

Eurobank has become one of the first 41 companies in Greece to receive the Diversity Seal, a new state-backed distinction recognising businesses that actively implement equality, diversity and inclusion policies in ...

Lordos Hotels (Holdings) Public Ltd has warned that its results for the first half of 2026 are expected to fall below last year’s levels, as geopolitical tensions in the Middle ...

The Cyprus Securities and Exchange Commission (CySEC) has awarded €1,000 in prizes to two university students for outstanding academic research in finance and securities markets during the 2025–2026 academic year, as part ...

Hermes Airports chief executive Eleni Kaloyirou joined European aviation leaders in Prague for a debate on the fast-changing Eurasian aviation market, at a time when Cyprus is trying to protect ...

Interior Minister Constantinos Ioannou on Wednesday evening said that licensing reform had become one of the government’s most important tools for speeding up development and supporting housing policy. Addressing ...