#business

Cyprus has leapt nine places in the 2024 StartupBlink Ecosystem Index, marking it as the fastest-growing startup ecosystem within the European Union, the Research and Innovation Foundation (RIF) has reported. According ...

Hellenic Bank made payments totalling €13.7 million in 2024 to Logicom Solutions Limited and its subsidiary, NewCytech Business Solutions Ltd, according to an announcement following the bank’s preliminary financial results for ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday released a practical guide on maintaining effective and efficient sanctions screening systems. The guide incorporates the latest findings from CySEC’s ...

The Environment Department has approved the request by Napa Rock Estates Ltd for modifications and extensions to the existing Tasia Maris Hotel in Ayia Napa, with an estimated cost of €1.2 ...

Washington’s push to swiftly end the conflict in Ukraine has sparked speculation that Western brands may want to return to Russia, but from fashion to cars, the markets they ...

President Nikos Christodoulides on Tuesday announced his intention to introduce sweeping tax reforms. Speaking at an event held to present the government’s proposals at the presidential palace, he promised ...

Up to 160,000 part-time retail jobs in Britain are at risk of being lost over the next three years as a result of higher employer taxes and regulatory changes, the British ...

Ciner Shipping, the largest Turkish shipping company by fleet size, has decided to relocate its operations from Turkey to Greece to better manage its human resources. The CEO of Ciner ...

Apple (AAPL.O) shareholders voted to keep the tech giant’s diversity, equity and inclusion policies on Tuesday, a win for management which had opposed efforts by a conservative group ...

The prospect of developing joint travel packages for markets such as China and the USA was a key topic of discussion when Deputy Tourism Minister Kostas Koumis met with Greece’...

Oil prices held around two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower US crude stockpiles provided some support. ...

Cyprus is involved in the efforts for the next step in medical technology at the European level, according to Chief Scientist Demetris Skourides. “The use of a ‘virtual human twin’ ...

The Cyprus Securities and Exchange Commission (CySEC) has approved Logicom’s public offer to acquire up to 100 per cent of Demetra Holdings’ issued share capital, it emerged on Wednesday. According ...

President Nikos Christodoulides this week said that Cyprus’ industrial sector’s “vast potential” has yet to be fully exploited. Speaking at the official dinner of the Agios Athanasios Industrialists’ Association ...

Cyprus-based Aloha Browser on Wednesday reported an impressive surge in European downloads, experiencing up to 15-fold growth in the year following the implementation of the EU’s Digital Markets Act (...

The economic climate in Cyprus registered a slight improvement in February 2025, the Economics Research Centre of the University of Cyprus (CypERC) reported this week. Specifically, the Economic Sentiment Indicator (ESI) ...

The Cyprus property market displayed stabilising trends in the fourth quarter of 2024, according to the RICS Cyprus Property Price Index by KPMG Cyprus, which tracks real estate price trends across ...

PwC Cyprus this week released the findings of its 14th Annual CEO Survey, revealing a significant increase in business leaders’ confidence in the local economy. The survey, presented at the ...

The Cyprus Borrowers Association (Syprodat) this week released a statement describing the “immediate and effective implementation of measures to tackle high living costs and secure a better future for young ...

Abu Dhabi’s Etihad Airways aims to announce the launch of a $1 billion initial public offering this week, two sources told Reuters, in what would be the first IPO of ...

The agreement for the sale of Ermes Department Stores’ investment in Superhome Centre DIY was finalised on Monday. In a statement issued by Ermes today, following its previous announcement on ...

Consumer staple prices showed mixed trends in January, with frozen fish recording the highest increase at 16.3 per cent and sugar seeing the steepest decline at 16.8 per cent, according to the ...

Invest Cyprus, in collaboration with the Nicosia Municipality, hosted a networking event this week titled ‘Why Nicosia’, aiming to connect investors with key institutional stakeholders. According to an announcement released ...

Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week’s hack of $1.5 billion worth ...