#business

French politicians are escalating their fight with Chinese online fast-fashion retailer Shein, threatening a ban over childlike sex dolls on its site, just as the company plans to open its ...

The Famagusta local district administration (EOA Famagusta) announced this week that the examination of planning and building applications increased by 144 per cent in September, compared to the corresponding period last ...

Eurobank Limited, the new entity formed through the merger of Eurobank Cyprus and Hellenic Bank, is redefining Cyprus’ financial landscape while strengthening the island’s role as a key regional ...

The Cyprus Stock Exchange (CSE) has announced that it will proceed with the delisting of European Medium-Term Notes (EMTN) due to the securities having matured and been repaid. According to ...

Saudi Arabian oil company Aramco, the world’s top oil exporter, reported a 2.3 per cent decline in its quarterly profit on Tuesday, citing a drop in crude and product prices, ...

The Cyprus Stock Exchange (CSE) announced on Tuesday the continuation of the suspension of trading of the shares of MR. PENGU PUBLIC COMPANY LTD for a further two months, extending ...

Oil prices fell over 1 per cent on Tuesday as OPEC+’s decision to pause output hikes in the first quarter next year along with weak manufacturing data and a stronger ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Tuesday warned that the Eurozone economy remains weak and risks falling behind its global competitors unless it moves decisively towards deeper ...

Demetra Holdings Plc announced today that it proceeded with a buyback of its own shares on Monday, November 3, purchasing a total of 8,000 shares in the market. The purchase was executed ...

Cyprus has so far received €568 million from the European Union’s Recovery and Resilience Facility (RRF), with the next disbursement expected soon, according to Finance Minister Makis Keravnos. Speaking during ...

Woolworth (Cyprus) Properties PLC recorded a net loss after taxation of €4,870,389 for the year 2024, a major reversal from the profit posted in the previous year, according to audited financial statements ...

Petrolina (Holdings) Public Ltd announced on Tuesday that it has completed the payment of an interim dividend for the year 2025, while also setting a date for a board meeting to ...

The Cyprus Investment Funds Association (CIFA) on Tuesday released a statement recapping the 11th Cyprus International Funds Summit & Expo, including the robust discussions that took place, as well as ...

Eurobank on Tuesday announced its active participation in Radiomarathon 2025 this October, reaffirming its commitment to supporting children with special needs and promoting inclusion across Cyprus. “With steadfast dedication to the ...

Eurobank Limited, the new entity formed through the merger of Eurobank Cyprus and Hellenic Bank, is redefining Cyprus’ financial landscape while strengthening the island’s role as a key regional ...

The tax-to-GDP ratio in Cyprus saw a slight increase in 2024, rising to 37.6 per cent from 37.5 per cent in 2023, according to data on taxation published by Eurostat. The overall tax-to-GDP ratio, ...

New loan volumes recorded a sharp increase in September 2025, according to statistics on interest rates applied by monetary financial institutions (MFIs) in Cyprus released by the Central Bank of Cyprus (...

Euro area annual inflation is expected to have reached 2.1 per cent in October 2025, a slight decrease from the 2.2 per cent recorded in September, according to a flash estimate from Eurostat. ...

Alpha Bank on Monday announced that it has completed the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd. This has resulted in the creation of Cyprus’ ...

The European Banking Authority (EBA) has launched a public consultation on new guidelines concerning the authorisation of third-country branches (TCBs) under the Capital Requirements Directive (CRD). The consultation represents a ...

The Central Bank of Cyprus (CBC) has announced that the reference interest rate used to define the criminal offence of usury has been set at 11.84 per cent. The determination of ...

OPEC+ has agreed a small oil output increase for December and a pause in increases in the first quarter of next year as the producers’ group moderates plans to regain ...

The UK High Commission, in collaboration with the Deputy Ministry of Tourism, is organising a high-level conference entitled “Safeguarding Cyprus’s Tourism Industry”, which will take place on Wednesday, November 26, 2025, ...

Turkish inflation eased to 32.87 per cent annually and to 2.55 per cent monthly in October, both below expectations, according to official data on Monday that could reinforce the central bank’s ...