#business

Poland’s upgrade of its travel advisory for Cyprus to level 1 marks a positive development for the country’s tourism outlook, according to Deputy Minister of Tourism Kostas Koumis. The ...

Flights from Israel to Cyprus are expected to resume this week week, offering a reprieve to the island’s tourism sector, according to Cyprus Hoteliers Association (Pasyxe) director general Christos ...

Events in the Gulf war continue to attract global attention, despite the ongoing preoccupation here in Cyprus with our own Sandy-gate saga. President Trump has maintained a barrage of announcements, ...

State Aid Commissioner Stella Michaelidou has approved a state grant to Plug and Play Cyprus Innovation Centre to cover its operational costs, among other expenses. According to an announcement released ...

The Employers and Industrialists Federation (Oev) has outlined key labour developments for 2025 ahead of its annual general assembly later this month. Specifically, the assembly will take place in Nicosia on ...

By Pavlos Loizou, CEO Ask Wire  Walk through the centre of Nicosia, Limassol, or Larnaca and the pattern becomes impossible to ignore. Vacant plots sitting idle for decades. Buildings — put ...

As people increasingly turn to artificial intelligence for advice, some US lawyers are telling their clients not to treat AI chatbots like trusted confidants when their freedom or legal liability ...

Carmakers and battery companies facing a weak US market for electric vehicles are scrambling to repurpose battery factories to make energy-storage systems to fuel AI’s thirst for power instead. ...

Here are the top business stories in Cyprus from the week starting April 14: Cyprus remains the top global location for hiring in the online trading sector during the second quarter ...

Britain’s economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had feared, ...

Morgan Stanley beat Wall Street expectations for first-quarter profit this week, as ​the investment bank benefited from a surge in dealmaking and raked in record revenue from its equities trading ...

Britain’s financial regulator said this week that it was ‌consulting on how firms might be ​affected by ​the regulation of the ⁠crypto industry which ​is due to ​come into ...

Cyprus recorded an employment rate of 81.3 per cent in 2025, placing it well above the EU average of 76.1 per cent, according to a report from Eurostat released on Friday. The figures ...

European lenders are resilient enough to absorb current financial and geopolitical ‌shocks but need to prepare for future uncertainties including cybersecurity risks from AI, François-Louis Michaud, the new head ...

Britain ​will have enough gas and electricity supply this summer, the country’s network operators said this week, despite ‌declining domestic gas production and fears over energy supplies from the ...

Australia’s corporates are starting to count the cost of the war in the Middle East, ​with profit warnings from two top companies and a crash in business sentiment pointing ...

The Central Bank of Cyprus (CBC) on Friday announced the issuance of a €2 commemorative coin marking the Republic of Cyprus’ assumption of the Presidency of the Council of the European ...

Demetra Holdings Plc on Friday announced that it completed a share buyback on April 16, acquiring 6,400 of its own shares during the daily session. The transaction was carried out by Demetra ...

Petrolina (Holdings) Public Ltd on Friday announced that its board of directors will convene on April 29, 2026, to review financial results and consider a potential dividend. The meeting will take place ...

The Cyprus Stock Exchange (CSE) has announced that it will extend the suspension of trading for four companies listed on the Emerging Companies Market starting from April 20, 2026. This decision affects ...

The Central Bank of Cyprus (CBC) on Friday announced that the non-performing loans ratio of the Cypriot banking sector remained unchanged at 1.6 per cent as of January 31, 2026. The figure was ...

Safe Bulkers has expanded its board to 11 members from nine, appointing Jeffrey Bunzel and Vasilis Hajioannou with immediate effect, as the New York-listed dry bulk shipowner moves to strengthen both ...

Eurostat on Friday reported a decline in the euro area’s trade surplus for February, while earlier data released this month by Cyprus’ statistical service pointed to a widening trade ...

EU tourism ministers gathered in Nicosia on Friday for an informal meeting under the Cyprus Presidency of the Council of the EU, with talks focusing on the bloc’s first ...