#business

Employee compensation in Cyprus is set to rise by about 6.9 per cent in 2025, reaching €4.1 billion, up from the €3.9 billion recorded during 2024, according to the Finance Ministry. The increase, which will ...

Eurobank announced on Wednesday that it has become the platinum sponsor of the Cypriot Olympic Committee (COC) for the period 2025–2028. According to the announcement, this affirms the bank’s “long-standing ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced that it reached a €225,000 settlement with Cyprus investment firm FXNET Limited for possible violations of both a markets law and ...

Greece’s Minister of Shipping and Insular Policy Vasilis Kikilias visited Cairo this week for the TransMEA 2025 international transport conference. The event brought together ministers, regulators and senior industry figures ...

Limassol continues to dominate Cyprus’ property landscape, holding the highest rental values on the island and showing little sign of easing despite new construction activity, as recent market data confirm. ...

The European Banking Authority (EBA) has published its final guidelines on environmental scenario analysis, outlining how financial institutions across the European Union should assess and manage environmental risks. The new ...

The Cypriot economy continues to expand at one of the fastest rates in the euro area, supported by strong fundamentals, a diversified structure and a resilient banking system. According to ...

Cyprus recorded the strongest retail trade performance in the European Union in September 2025, according to data published by Eurostat this week. The volume index of retail trade in food, drinks ...

Cyprus’ trade deficit for the first nine months of the year grew to €5.88 billion, according to provisional data released on Monday by the state statistical service (Cystat). Total imports of ...

SOFTSWISS, a global technology leader in iGaming solutions, has unveiled its 2026 iGaming Trends Report, developed in partnership with NEXT.io, providing a detailed look at the forces shaping the industry’...

The Cypriot Agricultural Payments Organisation announced this week that it had completed payments to beneficiaries under a strategic plan for 2023–2027. The latest payment was specifically for the financial year 2025, providing ...

The Central Bank of Cyprus (CBC) on Monday organised a series of educational workshops for sixth-grade primary school pupils to mark World Savings Day. The workshops were held in collaboration ...

Minerva Insurance Company Public Ltd on Monday announced the payment of an interim dividend for the year 2023. The interim dividend, amounting to €0.0003 per share, was paid on Monday, November 10, 2025. The ...

Cyprus’ economy is enjoying a period of strong growth and fiscal stability, with key indicators showing resilience and balance, according to Fiscal Council president Michalis Persianis. In a greeting accompanying ...

Electric and hybrid vehicles continued to strengthen their presence in Cyprus during 2025, according to figures released by the state statistical service (Cystat) on Monday. Overall, the statistical service reported that ...

Cyprus’ trade deficit for the first nine months of the year grew to €5.88 billion, according to provisional data released on Monday by the state statistical service (Cystat). Total imports of ...

Interview with Evanthia Zorba  By Kyriacos Nicolaou This year marks 50 years since the birth of Zorbas Bakery in Athienou. Looking back, what were the defining moments that shaped the company’...

Consulting and advisory firm PwC Cyprus on Monday announced the launch of the latest cycle of two key initiatives, the ‘Company Programme’ and ‘Our Community’. According to the announcement, they ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday announced that the Supreme Constitutional Court has dismissed an appeal filed by four former board members of Laiki (Cyprus Popular Bank ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday issued a circular reminding all regulated entities of their obligations under the 19th package of restrictive measures adopted by the European ...

The Cyprus Securities and Exchange Commission (CySEC) has decided to impose a series of administrative fines totalling €97,250 on 13 companies for violations related to the submission of mandatory annual documents. In ...

Global combined revenues from the online video and traditional TV markets are on track to reach $1 trillion in annual revenue by 2030, according to market intelligence firm Omdia. While pay TV ...

EU-funded researchers are exploring how undersea communication cables can double-up as environmental and seismic sensors – a potential game-changer for early warning systems. By Michael Allen Beneath the world’s oceans, ...

The European Union’s total trade with the Indo-Pacific region amounted to €848.0 billion in 2024, a period marked by a slight decrease in imports and a continuing trade deficit, according to ...