#business

Organisations with stronger artificial intelligence governance and data practices are significantly more likely to report higher returns from their AI investments, according to a new study by SAS and IDC. ...

The Cyprus Chamber of Commerce and Industry (Keve) will hold a round-table discussion in Nicosia on September 29, 2026, focusing on workers with care responsibilities and the support available to them, including ...

Global semiconductor revenue surged to a record $425 billion in the second quarter of 2026, with the unprecedented growth in memory chips driven by artificial intelligence demand expected to feed through to ...

Construction output across the European Union fell in July, although Cyprus continues to record strong building activity, with permits and construction costs both rising in recent months. Seasonally adjusted construction ...

The European Central Bank (ECB) has warned that euro area households are keeping too much of their wealth in cash and low-yield deposits, while Cyprus faces a particular challenge in ...

Here are the top business stories in Cyprus from the week starting September 14: Cyprus has largely cleaned up its banking sector’s non-performing loans (NPLs), but a substantial private debt ...

Businesses still relying on Microsoft SQL Server 2016 are being advised to review their database infrastructure and licensing needs rather than automatically rushing into an expensive upgrade following the end of ...

The euro area recorded a €14.20 billion surplus in goods trade with the rest of the world in July 2026, up from €10.70 billion a year earlier, according to first estimates released by ...

Boston Dynamics, Hyundai Motor Group’s humanoid robot unit, is unlikely to pursue an initial public offering next year, a senior executive at ​the parent company with direct knowledge of ...

Moody’s Ratings has raised its outlook on Greece’s sovereign credit rating to positive from stable, while affirming the country’s Baa3 investment-grade rating, citing growing evidence that structural ...

S&P Global Ratings has upgraded Cyprus’ long-term credit rating to A, while maintaining a positive outlook for the country’s sovereign debt. The upgrade was welcomed by President ...

Cyprus’ short-term economic outlook returned to marginal growth territory in August, according to the latest Composite Leading Economic Index (CCLEI) from the Economics Research Centre of the University of Cyprus (...

The Office of the Commissioner for State Aid Control and the Research and Innovation Foundation (RIF) discussed strengthening their institutional cooperation during a meeting held earlier this week. The meeting ...

Minerva Insurance Company Public Ltd’s board of directors will meet on Wednesday, September 30, 2026, to review and approve the company’s preliminary results for the first half of 2026. The meeting ...

The European Parliament this week confirmed Thomas Gstadtner as the new executive director of the European Banking Authority (EBA) following a plenary vote. Gstadtner will serve a five-year term, which ...

Independent phone and ​laptop makers are redesigning products, testing incoming chips for fakes and passing on costs ‌as a memory shortage they expect to last through 2027 squeezes the lower end ...

The Bank of England held its key interest rate at 3.75 per cent on Thursday, but signalled a more cautious approach to monetary policy as higher energy prices push inflation higher. ...

The Central Bank of Cyprus (CBC) has opened a €1.13 million tender for cleaning services at its buildings, with companies invited to submit offers by October 23. The contract covers the cleaning ...

Microsoft (MSFT.O) AI chief Mustafa Suleyman said he shared Anthropic’s ‌focus on safely managing AI, but flagged risks in the way it trains its Claude chatbot on ideas ...

The Cyprus Stock Exchange (CSE) announced on Friday the listing of 3,542,466 additional ordinary shares of Globalwealth Group Plc on its market. The decision was approved in accordance with Article 58(1) of ...

The Paphos Chamber of Commerce and Industry (Evep) is leading a new two-year Erasmus+ project focused on youth skills in blockchain, artificial intelligence and Web3, with its opening meeting taking ...

Cyprus brought together leading figures from the Greek and Cypriot maritime communities in Athens this week to emphasise the growing role of women in shipping and the industry’s long-standing ...

Transport Minister Evanthia Tsolaki visited DP World Limassol’s terminal at Limassol Port on Friday, meeting representatives of DP World Limassol and P&O Maritime to discuss their operations ...

Transport Minister Evanthia Tsolaki visited the Eurogate Container Terminal Limassol (Eurogate CTL) at Limassol port on Friday, meeting company executives to discuss issues affecting Cyprus’ maritime trade sector. The visit ...