#business

An agreement was signed on Thursday to bring to an end the months of wrangling between workers and employers over the cost-of-living allowance (CoLA) and set how it is implemented ...

Road freight transport showed an increase both within Cyprus and in traffic from and to Cyprus during the second quarter of 2025, according to the Cyprus Statistical Service (Cystat). Specifically, the ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced that the Investors Compensation Fund (ICF) has withdrawn the ICF membership of three of its members. This follows a CySEC ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) announced its Gold Sponsor support for the ‘Make a heart for great leaps’ initiative, organised by Nero kai Chroma, under the ...

Cyprus’ two main professional bodies for international business, Cyprus Fiduciary Association (CYFA) and Cyprus International Businesses’ Association (CIBA), signed a memorandum of understanding (MoU) this week. The agreement aims to ...

Cyprus and Saudi Arabia strengthened ties in the tourism sector this week as the UN Tourism General Assembly in Riyadh concluded with the adoption of the Riyadh Declaration on the ...

The number of bounced cheques registered in Cyprus reached 14 in October, with a total value of €176,435, according to figures published on Thursday by the Central Bank of Cyprus (CBC). This ...

Demetra Holdings Plc has announced that its board of directors will meet on November 25, 2025, to review the group’s nine-month financial results for the period ended September 30, 2025. The company said ...

The Bank of Cyprus‘ property management unit has achieved a significant turnaround in its non-core asset portfolio, announcing that property sales have exceeded new asset acquisitions since the start of 2019, ...

Cyprus’ real estate market exhibited a resilient but mixed performance during the third quarter of 2025, according to the RICS Cyprus Property Price Index, compiled and published in collaboration with KPMG ...

The Cyprus borrowers association (Syprodat) has warned that the resurgence of non-performing loans (NPLs) and the worsening housing crisis represent a “double challenge” for the Cypriot economy, threatening both its ...

The Cyprus Telecommunications Authority (Cyta) has officially announced the launch of its search for a new chief executive officer (CEO), marking what it described as the beginning of a “new ...

Cyprus is strengthening its support for entrepreneurship and industry through targeted policies and new investment tools, the general director of the energy ministry Marios Panayides, told the Nicosia Chamber of ...

Player safety and a tougher stance on the illegal gambling market remain central priorities for Cyprus, the head of the National Betting Authority (NBA), Panayiotis Trisokkas, said at the SiGMA ...

A delegation from the Paphos regional tourism board (Etap) and local hoteliers is in the Baltic states this week for a series of workshops aimed at strengthening the district’s ...

Cyprus will reopen its electronic platform for landowners seeking hectare-based compensation under the local Akama plan, with applications accepted from November 14 to 24. According to the Agriculture Ministry, the new window ...

Cyprus has paid a total of €229,359.60 to winegrowers this year under a support scheme funded entirely by the European Union, according to the Cyprus Agricultural Payments Organisation (Capo).  In a ...

President Nikos Christodoulides on Wednesday reaffirmed the country’s commitment to expanding trade and investment ties across the wider Middle East. Speaking at the 3rd Greece–Cyprus Intergovernmental Summit in ...

The Human Resource Development Authority of Cyprus (HRDA) this week announced that it signed a major contract for the organisation and implementation of training programmes targeting young people not in ...

The United States and Germany were the top ultimate investing economies in a sample of 13 EU countries in 2024, highlighting the complexity of global finance, according to Eurostat. For the 13 EU ...

Long-term unemployment ranged dramatically from 0.4 per cent to 16.3 per cent across EU regions in 2024, highlighting significant disparities in labour market resilience, according to Eurostat. Eurostat’s latest report showed that 4.2 ...

President Nikos Christodoulides on Wednesday reaffirmed the country’s commitment to expanding trade and investment ties across the wider Middle East. Speaking at the 3rd Greece–Cyprus Intergovernmental Summit in ...

Financial education for children in the digital age In the digital age, where children grow up with contactless payments, online shopping and electronic wallets, the traditional piggy bank has lost ...

Freedom Holding Corp. (Nasdaq: FRHC), the parent company of the Freedom24 investment platform, has released its financial results for the second quarter and first half of fiscal year 2026, which ended ...