#business

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 ...

Demetra Holdings Plc on Tuesday announced that it conducted a series of transactions on June 8, purchasing 16,310 own shares at a price of €1.65 per share. The repurchase of these shares was ...

Greek lender Eurobank has announced details regarding the distribution of its dividend for the 2025 financial year, following approval by shareholders at the bank’s annual general meeting held on April 28, 2026. ...

Telecommunications provider Cyta on Tuesday held a conference in Nicosia on responsible governance, bringing together representatives from the state, the business community, organisations and the media to discuss the role ...

The National Bank of Greece (Cyprus) on Tuesday announced the appointment of Nicolas Prentzas as general manager and chief operations officer, strengthening its management team in Cyprus as part of ...

Cyprus’ trade deficit widened during the first four months of 2026, according to figures released by the Cyprus Statistical Service (Cystat), as imports increased and exports declined compared with the same ...

Registrations of motor vehicles in Cyprus increased during the first five months of 2026, with hybrid and electric cars continuing to strengthen their position in the market, according to a report ...

The Paphos regional tourism board (Etap) has launched a new promotional video dedicated to Polis Chrysochous, as part of wider efforts to strengthen domestic tourism and support local communities and ...

Cypriot students returned from the European robotics competition Robotic Day Prague 2026 with a series of major distinctions, after taking part in the event held in the Czech Republic on June 6 ...

Cypriot company Easternmed Real Estate Capital Plc has completed a major investment in Brussels, after acquiring the full share capital of Arlon 75BV, the company that owns The Muse, a ...

Eurobank Research has been named Cyprus’ leading forecaster for a second consecutive year in the Focus Economics Analyst Forecast Awards 2026, recording strong performances against a field of established international and ...

The Bank of Cyprus (BoC) has been named the best bank in Cyprus in the World’s Best Banks Awards 2026 by Global Finance, with the international publication citing the lender’...