#business

The Cyprus Investment Funds Association (CIFA) on Wednesday welcomed the latest results from the Cyprus Securities and Exchange Commission’s (CySEC) quarterly bulletin for the country’s funds sector for ...

Transport Minister Alexis Vafeades on Wednesday said that the evaluation of bids for the deepening of the Larnaca marina is currently under way, with work expected to begin soon. He ...

Cyta marked World Telecommunications Day with a dedicated conference on women in science, technology, engineering, arts and mathematics (STEAM), aligning this year’s global theme — Gender Equality in Digital Transformation — ...

Plans are under consultation to rebuild a restaurant at Lady’s Mile beach, demolished in 2012, as part of broader updates to the planning framework for the British Bases. The proposal, ...

Cyprus’ environment department has rejected plans for a 33-turbine wind farm near two protected Natura 2000 zones, citing irreversible damage to wildlife habitats and increased threats to vulnerable species. The proposed 49.5...

The Nicosia tourism board (Etap) on Wednesday announced its participation in the IndusTour project under the Interreg Europe programme, a new European initiative aimed at promoting industrial tourism across six ...

Real estate is evolving fast, with blockchain at the centre of this transformation, as highlighted during a panel discussion at the recently-held REALTYon 2025 expo in Limassol. During the discussion, we ...

Ermes Department Stores Plc on Wednesday provided additional details regarding its strategic direction and ongoing operations, following the transfer of its ERA department store activity to Gencom Ltd. The company’...

Hellenic Bank on Wednesday announced a reduction in its base interest rate by 0.33 percentage points, from 1.75 per cent to 1.42 per cent, effective from May 16, 2025. “This move will benefit the majority ...

The state is working on a plan to alleviate social problems and ensure that citizens are happy President Nikos Christodoulides, said. Speaking at an event in Limassol on Tuesday, marking ...

Goldman Sachs cut its recession forecast for the US to 35 per cent from 45 per cent, the first major brokerage to do so, after a temporary tariff truce with China boosted ...

Hellenic Bank has received dual environmental certifications this year, according to an official announcemnet released this week. The announcement noted that this “affirms its ongoing commitment to environmental protection and ...

The Central Bank of Cyprus (CBC) has announced that it is accepting applications for the permanent posts of Officer Second Class. The vacancies are available in the Information Technology Department, ...

Global AI chipmaker Tenstorrent took its first concrete step toward establishing a presence in Cyprus during a strategic visit hosted by the office of the Chief Scientist for Research, Innovation ...

The European Central Bank will stand by its aggressive stimulus policy of the last decade in a strategy review, side-stepping calls for self-criticism after a bout of high inflation and ...

Samsung Electronics (005930.KS) made public on Tuesday its slimmest flagship model to date, complete with enhanced artificial intelligence features, as it seeks to get ahead of rival Apple (AAPL.O) ...

Achieving gender equality in science, technology, engineering, arts and mathematics (STEAM) is essential for the resilience and progress of society, Gender Equality Commissioner Josie Christodoulou said during Cyta’s ‘Women ...

The Cyprus Borrowers Association (Syprodat) has expressed concern over ongoing discussions in the House Internal Affairs Committee regarding the long-standing issue of trapped property buyers. In a statement released this ...

Companies in the ready-mix concrete sector in Cyprus met on Saturday, May 10, to formally re-register and relaunch its industry association. According to an announcement released this week by the Cyprus ...

Cocoa prices, which soared to historic highs last year due to crop failures in Cote d’Ivoire and Ghana, are now expected to fall sharply by the end of 2025, offering ...

A private education project worth over €50 million is advancing in Polemidia, Limassol, with construction preparations under way for a new school funded by the Yael Foundation. Work is expected to ...

Cyprus is projected to become one of the first countries in the world to go fully cashless, according to a new global study by Merchant Machine. In addition, the study ...

The Bank of Cyprus on Monday posted a profit after tax of €117 million for the first quarter of 2025, marking an increase of 9 per cent compared to the previous quarter. In ...

Hellenic Bank has received dual environmental certifications this year, according to an official announcemnet released this week. The announcement noted that this “affirms its ongoing commitment to environmental protection and ...