#business

Astrobank Public Company Ltd has reduced its stake in Atlantic Insurance Company Public Ltd from 5.23 per cent to 4.85 per cent, according to a relevant announcement.  Atlantic Insurance announced that it ...

Cyprus registered the lowest inflation rate in the European Union in September 2025, with annual consumer prices remaining unchanged at 0.0 per cent, according to the latest figures released by Eurostat on ...

Demetra Holdings Plc on Friday announced that it has carried out a buyback of 7,300 own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO). According to a disclosure submitted ...

The International Air Transport Association (IATA), in collaboration with global consulting firm Oliver Wyman, has released a new joint study titled Reviving the Commercial Aircraft Supply Chain, revealing the growing ...

Ancoria Bank has announced a new interest rate of 1.50 per cent per annum for six-month Fixed Term Deposit Accounts, available to individuals and small to medium-sized enterprises (SMEs). The offer ...

A coalition of Cypriot organisations, researchers, and citizens has addressed an open letter to key government officials, calling on the Republic of Cyprus to withdraw its support for the proposed ...

Tourist arrivals in Cyprus increased by 12 per cent in September 2025, reaching 570,635 visitors compared with 509,463 in the same month last year, according to a report released on Friday by the Cyprus ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday reported that the number of Management Companies and Undertakings of Collective Investments (UCIs) reached 319 during the second quarter of 2025. At the ...

The Central Bank of Cyprus (CBC) released an updated report on the country’s non-performing loans (NPLs), showing that a further decline in the NPL ratio was recorded in July. ...

President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development strategy, and upcoming ...

Top App Games, a Cyprus-based company specialising in mobile game development, has announced a special in-game collaboration between its popular strategy title, Ludus: Merge Arena and MMA fighter Alexander Volkov. ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced a further extension to its decision to prohibit Igor Gutinskiy, the sole director of the Cyprus Investment Firm (CIF) Otkritie ...

Cyprus participated in the ANUGA 2025 international food and drink exhibition, held in Cologne, Germany, from October 4 to October 8, 2025, with a national pavilion featuring more than 30 Cypriot businesses. The state participation ...

President of HOTREC and the Hellenic Chamber of Hotels Alexandros Vassilikos has emphasised the importance of adapting to modern trends while preserving authenticity. Speaking to the Cyprus News Agency (CNA) ...

Cyprus hoteliers association (Pasyxe) president on Friday Thanos Michaelides described the 91st HOTREC general assembly in Paphos, which the association is hosting, as a crucial forum. HOTREC is a forum “...

Britain’s economy returned to growth in August when it expanded by a marginal 0.1 per cent from July, official data showed on Thursday, offering a little bit of relief to ...

Cyprus and Egypt have taken a decisive step toward deepening maritime cooperation, following the first meeting of the Joint Maritime Committee (JMC) held in Limassol, October 15-16. The meeting marked ...

Cyprus spent €213.6 million on research and development (R&D) in 2023, equivalent to 0.68 per cent of GDP, according to data released by the Statistical Service (Cystat) on Thursday. This marks ...

Invest Cyprus on Thursday welcomed US-based technology company TKI to Cyprus following the merger between Hybrid ConsulTech, now renamed TKI EMEA, and TKI, a leading provider of enterprise-grade artificial intelligence ...

The Tax Department has issued a new circular clarifying when VAT should be charged on entry to concerts, performances, exhibitions and other cultural events, particularly when admission is combined with ...

Group CEO of payabl. Ugne Buraciene has been appointed as a non-executive director to the board of the CYENS Centre of Excellence, Cyprus’ leading research and innovation hub for interactive ...

Freedom Holding Corp., a global financial services and technology group and the parent company of Freedom24, is celebrating six years since its listing on the Nasdaq exchange. “Since 2019, the company ...

The average interest rates for household deposits in Cyprus remained unchanged in August, compared with the previous month, while rates for business deposits decreased, according to the Central Bank of ...

The Cyprus Land Development Corporation (Koag) has announced the launch of applications for its affordable housing scheme, covering the districts of Nicosia, Limassol, and Larnaca.  The application period began on ...