#business

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’...

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 ...

Space technologies, Earth Observation and artificial intelligence are becoming strategic tools for Europe’s competitiveness, resilience and security, speakers said at a high-level forum held in Nicosia under the auspices ...

Safe Bulkers has signed a definitive agreement for the construction and acquisition, through financial leasing, of a newbuild capesize vessel with a capacity of 182,000 deadweight tonnes, the company announced. The ...

The resilience of the Greek economy remains a key pillar of the positive investment narrative for Greek banks, according to a new report by Jefferies, which maintains a buy recommendation ...

Nine bi-communal business partnerships received a total of €500,000 in Nicosia on Monday, at an awards ceremony that placed cooperation between Greek Cypriot and Turkish Cypriot entrepreneurs at the centre of ...

Eurobank has projected that its total financing in Crete between 2023 and 2028 will exceed €1.3bn, underlining what it describes as a long-term commitment to supporting the island’s development trajectory and ...

Global airlines are heading into a tougher 2026, with industry profits expected to halve as war-related disruption in the Middle East and a sharp rise in fuel prices weigh heavily on ...

The Cyprus Cement Public Company Ltd announced this week that it has proceeded with a share buyback transaction, purchasing its own shares in line with a prior shareholder decision and ...

IATA director general Willie Walsh has warned that global airlines are facing another difficult year, as higher fuel prices, geopolitical instability and aircraft supply chain failures are expected to cut ...

The International Maritime Organisation (IMO) has called on its 176 member states and the global shipping industry to strengthen efforts to protect the marine environment, as World Oceans Day was marked ...

Shareholders of Lanitis Golf Public Co Limited gathered in Limassol on June 4, for the company’s annual general meeting to approve key financial and governance resolutions. According to an announcement ...

The Central Bank of Cyprus (CBC) has reported that the transmission of European Central Bank (ECB) interest rate changes remains weaker in the Cypriot banking sector compared with most euro ...

Cyprus’ total beer deliveries fell by 2.4 per cent year-on-year in May, driven by a steep contraction in exports, according to the Cyprus Statistical Service (Cystat). According to the data, total ...

Nine bi-communal business partnerships received a total of €500,000 in Nicosia on Monday, at an awards ceremony that placed cooperation between Greek Cypriot and Turkish Cypriot entrepreneurs at the centre of ...

The Central Bank of Cyprus (CBC) will host a round table discussion on financial literacy on June 18, bringing together senior European central banking figures and presenting new research on public ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced the launch of applications for the 2026 edition of its youth entrepreneurship awards, marking the ninth consecutive year of the initiative. ...

Budget airline Wizz Air announced on Monday that it plans to introduce Starlink connectivity across its fleet from 2027, becoming the first European ultra-low-cost carrier to deploy the satellite-based internet service. ...

Total employment in Cyprus increased by 2 per cent year-on-year during the first quarter of 2026, reaching an estimated 513,367 people, according to the state statistical service (Cystat). The figures were released in ...

Shipping Symposium Cyprus’ 26 will take place in Limassol later this month, bringing together leading figures to discuss the challenges, realities and opportunities facing the maritime sector. The event, which carries ...

Cyprus recorded increases in labour productivity during the first quarter of 2026, according to Eurostat, outperforming the overall European Union average in terms of output per employed person. The figures showed ...

Cyprus’ apparent cost of government debt increased to 2 per cent in 2025, while the country’s debt remained overwhelmingly denominated in euro in line with the wider euro area, according to ...