#business

US tech companies explore Cyprus as reliable base for European expansion Invest Cyprus on Friday announced that it hosted a closed-door roundtable in Washington on May 4, alongside fDi Intelligence and ...

Cyprus must help ensure that Europe speaks with a clear and coordinated voice in global maritime affairs, Shipping Deputy Minister Marina Hadjimanolis said during a working visit to Chios this ...

Telecommunications provider Cyta on Friday announced the appointment of George Metzakis as the organisation’s new chief executive officer, with immediate effect. The appointment marks a new phase for Cyta’...

Cyprus promoted its fresh fruit and vegetable exports at the international exhibition Freskon 2026 in Thessaloniki, as part of efforts to strengthen trade ties and open new opportunities in foreign markets, ...

Cyprus recorded the second-highest electricity prices for non-household consumers in the European Union during the second half of 2025, according to data released by Eurostat. The figures showed that electricity prices ...

Cyprus and India are stepping up discussions on direct air connectivity, with officials saying stronger links could support tourism, business travel and wider economic cooperation between the two countries. Hermes ...

Cyprus recorded a sharp rise in electric and hybrid vehicle registrations in the first four months of 2026, as new vehicle registrations increased by 15.1 per cent year-on-year, according to a report ...

Cyprus is among the European Union countries with the greatest fiscal space to respond to a new energy crisis linked to the war in Iran, according to a new report ...

Small and medium-sized businesses must be placed at the centre of Europe’s competitiveness agenda if the EU is to strengthen its resilience, strategic autonomy and industrial base, according to ...

Greek retail chain Jumbo said sales at its Cyprus stores fell by around 3 per cent year-on-year in April 2026, as the timing of Easter shifted part of seasonal demand into March ...

International Chamber of Shipping (ICS) Secretary General Thomas Kazakos met Panama’s President Jose Raul Mulino this week, as maritime leaders gathered in Panama for the Maritime Convention of the ...

The DataArt IT Museum, a historical initiative created by global software engineering firm DataArt, has launched a new online retrospective tracing humanity’s relationship with data across thousands of years, ...

Eurobank on Friday reported an adjusted net profit of €351 million for the first quarter of 2026, with the bank citing strong lending activity, resilient operating performance and continued growth across its ...

Young students from across Europe were recognised in Cyprus this week, as the winners of the European School Competition on the Ship of the Future were announced during the Informal ...

Cyprus’ maritime education sector turned its attention to artificial intelligence this week, as students, educators and industry representatives gathered for the annual Competition Award Ceremony of the Programme of Studies ...

Mohamed Arrachedi has spent years dealing with seafarers abandoned far from home, chasing unpaid wages, pressing shipowners and managers, and working with port states, embassies and maritime authorities to get ...

ASBISc Enterprises Plc has reported a record net profit of $36.3 million and revenue of $1.27 billion in Q1 2026, significantly outpacing the broader eurozone ICT distribution trend as demand for AI infrastructure ...

Cyprus recorded a monthly increase in retail trade volume in March 2026, according to Eurostat, outperforming the euro area, where retail sales declined during the same period. According to the statistical ...

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures ...

The Cyprus Stock Exchange (CSE) has announced market status changes across listed companies after multiple issuers failed to submit and publish their annual financial reports for the year ended December 31, 2025, ...

PwC Cyprus announced this week that it supported the Junior Achievement Cyprus Company Programme for the 12th consecutive year, continuing its investment in the development of young entrepreneurs and financial ...

KEO plc issued an official announcement on Thursday informing the investment community that its annual general meeting has been rescheduled following a specific board of directors decision. The company stated ...

The European Securities and Markets Authority (ESMA) on Thursday published its report on 2025 corporate reporting enforcement and regulatory activities, outlining how national regulators and ESMA supervised corporate reporting practices across ...

Chief Scientist Demetris Skourides on Thursday said that Cyprus already has the foundations to become a strong regional innovation hub. Addressing participants at a forum in Limassol, he stated that ...