#business

Planning and permitting delays can add around €60,000 to the average price of a new apartment in Cyprus, without increasing a developer’s profit by a single euro.  According to Yiannis ...

Cruise technology provider cruisePAL, which operates an office in Limassol as part of its international network, has restructured its senior leadership team as the company seeks to separate long-term strategic ...

DP World, the global ports operator with a direct presence at Limassol port, is planning a new UAE east coast gateway that would allow cargo to bypass the Strait of ...

Major technology conferences, international business events and the growing presence of foreign companies in Limassol have become a vital buffer against a sharp decline in tourism this year, according to ...

A Cyprus-flagged container ship remained disabled off Oman, with one Indian seafarer still missing, after an Iranian strike sparked an engine-room fire, forced the crew to abandon the vessel and ...

The Human Resource Development Authority of Cyprus (Anad) paid out €11.7 million to businesses in Limassol between the start of 2025 and the end of the first half of 2026, reflecting the district’...

Stellantis said on Monday preliminary second-quarter vehicle shipments rose 10 per cent from a ​year earlier to nearly 1.6 million units, driven ‌by strong growth in North America, its most important market. ...

The European Banking Authority (EBA), the regulatory agency for the EU banking sector, recently published the final technical package for version 4.3 of its reporting framework. This release establishes new reporting ...

The European Commission this week formally appointed executive vice-president Raffaele Fitto as its new special representative for Cyprus, confirming his role in supporting United Nations-led efforts to reunify the island. ...

The European Securities and Markets Authority (ESMA), the primary European Union regulator and supervisor, has launched the collection of data from national authorities and officially appointed mechanisms today. This initiative ...

The Limassol Chamber of Commerce and Industry (Evel) has said the wastewater disruption that recently triggered an indefinite strike by tanker operators could have been avoided, arguing that it had ...

Meta has discontinued an AI feature launched last ​week that allowed users to generate images using public Instagram accounts, ‌after drawing widespread criticism over privacy concerns, including from a Hollywood ...

The Larnaca Chamber of Commerce and Industry (Evel) and Gender Equality Commissioner Josie Christodoulou discussed ways to strengthen women’s participation in business and promote equal opportunities during a recent ...

The European Securities and Markets Authority (ESMA), the financial markets regulator and supervisor for the European Union, has published the annual market capitalisation and market capitalisation ratios for all EU ...

Cypriot beverage maker Keo is awaiting final government approvals to proceed with a €50 million investment in a new distribution and spirits bottling centre in Limassol, one of the largest private ...

The Limassol Chamber of Commerce and Industry (Evel) has highlighted its contribution to Cyprus’ Presidency of the Council of the European Union during the first half of 2026, saying it organised ...

The total number of state employees in Cyprus reached 55,162 in June 2026, according to figures released by the statistical service (Cystat) on Monday, representing an increase compared with the same month ...

Cyprus could redirect money from its Thalia 2021-2027 programme to support tourism businesses affected by the conflict in the Gulf and wider instability in the Eastern Mediterranean, the European Commission ...

Cyprus on Monday confirmed its support for the second phase of the European Tech Champions Initiative (ETCI 2.0), joining all EU member states in backing a European investment drive that aims ...

Allwyn AG announced on Monday that it repurchased a total of 698,166 of its own shares on the Euronext Athens exchange between July 6 and July 10, 2026. The transactions were executed as part ...

Nicosia continues to offer apartment prices well below those seen across much of western Europe, while neighbouring Athens remains one of Europe’s most affordable capitals despite years of strong ...

PwC Cyprus participated as Platinum Sponsor of the 14th Invest Cyprus International Investment Awards, marking thirteen consecutive years of support for one of the country’s most important institutions dedicated ...

Cypriots are among the strongest supporters of tougher action against tax evasion and avoidance in the European Union, with 64 per cent saying it should be the bloc’s top tax ...

Eurobank announced on Monday that it repurchased a total of 2,273,500 of its own shares between July 6 and July 10, 2026, as part of its ongoing buyback programme. The transactions, which took place ...