#business

The board of directors of the Mall of Cyprus (MC) Plc has announced that it will convene its annual general meeting on July 30, 2026. Shareholders are due to review the audited ...

GlobalWealth Group PLC announced on Monday that it has reached a substantial completion regarding its strategic share exchange with the founders and shareholders of Wealthyhood Ltd. This development follows a ...

New housing loans in Cyprus recorded a significant increase in May 2026, while the average interest rate on new housing purchase loans stood at 4.06 per cent, according to the latest data ...

Cyprus recorded a return to growth in house sales in 2025, with transactions rising by 3.8 per cent, according to Eurostat data covering EU housing market trends across member states. The increase ...

Cyprus’ wholesale and retail trade sector recorded broad-based growth in 2024, with turnover, production value, value added and employment all increasing compared with the previous year, according to figures from by ...

Cyprus’ construction sector recorded a modest annual growth of 0.7 per cent in production and a more noticeable rise of 4.7 per cent in output prices during the first quarter of 2026, according ...

Alpha Bank Cyprus has announced changes to its executive committee, appointing Penny Spiliotopoulou as chief financial officer (CFO) while expanding the responsibilities of Chief Private Banking Officer Charis Kynigou Landas, ...

Greek lender Eurobank S.A. announced on Monday that it repurchased over 2.7 million of its own shares during a five-day trading period at a total cost exceeding €11.3 million. The transaction ...

Alkis H. Hadjikyriacos (Frou Frou Biscuits) Public Ltd confirmed on Monday that it has successfully completed the payment of a dividend to its shareholders. The announcement was formalised by the ...

Aegean brings new opportunities for Paphos travelers Aegean Airlines resumed flights to and from Paphos International Airport last week, with the Paphos regional tourism board (Etap) welcoming the airline’s ...

The Cyprus AI Expo 2026 concludes on Monday at UCLan Cyprus University in Larnaca, after a three-day programme bringing together policymakers, entrepreneurs, researchers, developers and business professionals for discussions on the ...

The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Institute of Directors and Corporate Governance (CyIoDCG) have signed a memorandum of cooperation aimed at strengthening corporate governance, business ...

Cyprus’ Chief Scientist Demetris Skourides has been ranked among the world’s leading LinkedIn creators in GovTech and the public sector, in a recognition he said reflects the island’s ...

Cyprus’ air connectivity will not be affected by the revision of European state aid rules for aviation, the Transport Ministry said on Sunday, stressing that the country’s existing airline ...

The International Chamber of Shipping (ICS) marked a busy June with a change of leadership, the launch of several major industry reports and renewed calls for action on seafarer welfare ...

Steelmaker SSAB (SSABa.ST) is spending €6 billion to upgrade its operations, switching from coal to low-carbon hydrogen in a bet that European Union policies would reward lower-emission production and help ...

Organisations worldwide are failing to provide cybersecurity metrics that effectively serve their boards, executives and operational teams, with the rapid emergence of AI significantly widening this reporting gap. According to ...

The United States PC market experienced a significant downturn in the first quarter of 2026, with shipments falling 7.0 per cent year-on-year to 15.8 million units, according to the latest research from Omdia. ...

Personal wealth in 2025 grew at its fastest pace in years, creating ​nearly one million new US dollar ‌millionaires worldwide, Swiss bank UBS said in its annual Global Wealth Report. Total ...

British annual house prices rose by less than expected in June, but softening expectations for interest rate hikes ​by the Bank of England are likely to improve affordability, according to ...

Global M&A hits record $2.8 trillion in first half of 2026 A surge in $10-billion-plus “mega-deals” drove global M&A to record levels in the first half of 2026, LSEG ...

Here are the top business stories in Cyprus from the week starting June 29: Hotel occupancy in Paphos has fallen sharply compared with last year, with the city and district seeing ...

AI platforms must move beyond generic market data and provide insights that are specifically tailored to an organisation’s unique internal context, according to technology intelligence firm IDC. While current ...

The near-eye display market is on track for a recovery in 2026, with revenue projected to climb to $675 million, representing a 12 per cent year-on-year increase following a sharp contraction during the ...