#business

European financial regulators have proposed ending initial margin requirements for both new and existing uncleared derivatives contracts for counterparties whose average derivatives exposure falls below the €8 billion threshold under the ...

Crypto.com has launched its Tokenised Stocks product across the European Economic Area (EEA) through Cyprus-regulated Foris Capital CY Limited, offering eligible users price exposure to 1,500 US stocks and exchange-traded ...

A sharp rise in building permits points to a stronger construction sector and a positive outlook for the wider Cypriot economy, according to the Cyprus employers and industrialists federation (Oev) ...

Road freight transport in Cyprus increased in the first quarter of 2026, with the weight of goods moved within the country rising by 2.3 per cent and freight transported to and from ...

Hotel occupancy in the Famagusta district is expected to reach between 80 and 85 per cent in August, as the tourism sector recovers from a difficult start to the season, according to ...

International Maritime Organisation (IMO) Secretary-General Arsenio Dominguez has condemned the deadly attack on the cargo ship Tihamah off Yemen, warning that continued violence against commercial vessels is endangering seafarers and ...

Hotel occupancy in the Paphos district is expected to reach between 85 and 90 per cent in August, according to Paphos hoteliers association president Evripides Loizides, who nevertheless warned that falling room ...

Cyprus-based technology company Powersoft365 will return to Indonesia later this month with eight operational AI agents developed for the apparel, fashion and retail industry.  The company will showcase the technology ...

AI increasingly shapes fintech jobs, research finds Cyprus remained the leading global hiring hub for online trading firms as of July 14, 2026, with 226 vacancies, even as overall recruitment across the sector ...

Analysis from the Central Bank of Cyprus links stronger internal audit to public trust The Central Bank of Cyprus (CBC) has published a piece of analysis by its internal audit ...

Citi has raised its target price for Alpha Bank to €5.30 from €4.70 following the Greek lender’s strong second-quarter results, while retaining its buy recommendation for the shares. Based on Alpha ...

Hotels in Limassol have reached around 90 per cent occupancy in August, matching last year’s booking levels as a rise in last-minute reservations helped the city recover from earlier concerns ...

Trading platform eToro beat Wall Street estimates for second-quarter profit on Tuesday and said it would buy rival TradeZero in a cash-and-stock deal worth ​up to $231 million, as it looks ...

The Cyprus Stock Exchange (CSE) has announced that listed entity Upyachting Management PLC has officially changed its name to UP Ventures PLC. This corporate rebrand on the Emerging Companies Market (...

Demetra Holdings Plc bought back 3,630 of its own shares on August 10, 2026, as part of its ongoing capital management strategy on the Cyprus Stock Exchange (CSE). The announcement was formally made ...

Nearly two-thirds of tanker crossings through the Strait of Hormuz since July 14 took place without active tracking signals, leaving oil traders, shipowners and regulators with an increasingly incomplete picture of ...

Limassol hotel occupancy reaches 90 per cent in August on late bookings surge Hotels in Limassol have reached around 90 per cent occupancy in August, matching last year’s booking levels as ...

Freedom Holding Corp, the parent company of Freedom24, reported a 40 per cent year-on-year increase in net revenue for the first quarter of its 2027 financial year, driven by strong growth across ...

Cyprus’ state workforce reached 53,747 employees in July 2026, rising by 300 people or 0.6 per cent from 53,447 a year earlier, according to figures released by the statistical service (Cystat). The increase came as ...

PR expert sees untapped potential in Cyprus innovation scene Cyprus’ startup and investment scene is expanding rapidly, but founders still face the challenge of making their businesses visible beyond the ...

Cyprus-based biotech innovator Marianna Prokopi-Demetriades has been named the 2026 Study UK Alumni Awards global winner for Business and Innovation, becoming one of only four people worldwide to receive the British ...

The Cyprus Stock Exchange (CSE) announced on Tuesday that it will suspend trading in the securities of six listed companies from August 13, 2026, after they failed to submit and publish their ...

Shipping traffic through the Strait of Hormuz fell to six on Monday, compared ​with a 10-day average of about 11 vessels, ‌shipping data showed, amid fading hopes of a peace deal ...

Alpha Bank S.A. has announced that its share capital has been updated following the formal cancellation of 59,018,043 treasury shares. The lender explained that the capital adjustment was carried out ...