#business

Cyprus wants to become a trusted regional artificial intelligence hub in the Eastern Mediterranean, using technology to improve people’s lives and strengthen the economy without allowing it to weaken ...

TechIsland has presented the first-year results of its €2 million Wildfire Initiative, showing how an emergency appeal launched after the devastating fires of 2025 has developed into a long-term programme spanning prevention, ...

US chipmaking giants Intel and Advanced Micro Devices are signing longer-term purchase commitments with Chinese server customers ‌for data-centre processors as prices surge, two people familiar with the talks said. ...

Aegean Shipping Management marked a fresh stage in its fleet renewal earlier this week, with the naming ceremony of its new tanker M/T Green Liberty at COSCO Yangzhou Shipyard ...

The European Commission recently adopted a communication addressing the competitiveness of the EU banking sector to strengthen the Single Market for banking. European Commission President Ursula von der Leyen stated ...

Cyprus-based mobile game developer Top App Games Ltd announced on Thursday that its strategy RPG Ludus: Merge Arena has passed $50 million in net revenue since launch, with $66 million in gross ...

The European Central Bank (ECB) kept its three key interest rates unchanged on Thursday, saying it remains closely monitoring the impact of the Middle East conflict on energy prices and ...

Cyprus remained below the European Union average for renewable energy use in 2025, with renewables accounting for 21.5 per cent of the island’s gross final energy consumption, according to Eurostat. The ...

Cyprus is seeking to deepen cooperation on artificial intelligence, cybersecurity and digital resilience, following a working meeting between Communications Commissioner Marios Pieris and Chief Scientist for Research, Innovation and Technology ...

The European Central Bank (ECB) reported this week that non-cash payments across the euro area continued to expand during the second half of 2025, while Cyprus emerged as the bloc’s ...

Heathrow Airport welcomed a record 40 million passengers during the first half of 2026, despite geopolitical uncertainty affecting parts of its global network, according to financial results published this week. The airport ...

Unigrowth Investments Public Ltd on Thursday issued a profit warning for its unaudited half-year results for the period from January 1, 2026 to June 30, 2026. The company said that, based on the indications ...

Cyprus’ heavy dependence on road transport, above-average traffic congestion and strong road safety performance were among the findings highlighted in a new European Commission report published this week examining transport ...

TechIsland has presented the first-year results of its €2 million Wildfire Initiative, showing how an emergency appeal launched after the devastating fires of 2025 has developed into a long-term programme spanning prevention, ...

SafeIsland CY, a new free mobile app for iOS and Android, is now available to the public, helping people in Cyprus report wildfire signs, receive nearby alerts and access key ...

A satellite-based system using machine learning to detect wildfires across Cyprus 24 hours a day has been presented in Limassol, seeking to give first responders earlier and more reliable warnings of ...

Forty-five communities across Cyprus will receive small fire engines at no cost, after TechIsland committed €450,000 to cover the share not financed by the government, Interior Minister Constantinos Ioannou said on ...

Vassiliko Cement Works Public Company Ltd announced on Thursday that its financial results for the first half of 2026 are projected to show an improvement compared to the corresponding period in ...

Morgan Stanley expects the Greek banking sector to enter earnings season with higher profit forecasts, robust credit growth and a string of second-quarter upside surprises. In its report, the findings ...

China is preparing to turn a one-off voyage through the Arctic into a scheduled seasonal container service, testing whether the Northern Sea Route can offer exporters a faster link to ...

The Paphos regional tourism board (Etap Paphos) announced on Tuesday that its “Paphos – Unleash Your Senses” campaign has secured two industry awards, recognising the region’s long-term strategy to promote ...

All signatures have been obtained for the memorandum of understanding (MoU) covering the sale of all recoverable natural gas from Cyprus’ Aphrodite field to the Egyptian Natural Gas Holding Company (...

British house prices rose ⁠by 2.7 per cent in ​the year to ​May, after rising by an upwardly revised 3.9 per cent ​in the ​year to April, the Office ‌for ⁠National Statistics ...

The escalating US-Iran war threatens Asian oil refiners’ plans to ramp up output in August, which could keep global fuel stocks tight and bolster prices for longer unless China ​fills ...