#business

The temporary truce in the Middle East and the agreement on safe passage through the Strait of Hormuz have brought some relief to hundreds of seafarers stranded in the region, ...

The Central Bank of Cyprus (CBC) on Thursday reported that total loan balances held by credit-acquiring companies reached €19.35 billion at the end of 2025, with the vast majority classified as non-performing. ...

The Cyprus Chamber of Commerce and Industry’s (Keve) tourism committee on Thursday warned that Cyprus’ tourism sector is at a critical juncture, calling for immediate state intervention to prevent ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced that its secretary general Philokypros Roussounides participated in a high-level roundtable discussion in Brussels, focused on the multilateral trading ...

Alpha Bank Cyprus took part as a platinum sponsor of the 16th Nicosia Economic Congress, reaffirming its active role in supporting economic dialogue in Cyprus. The event was held on ...

Greek retail chain Jumbo’s sales at its Cyprus stores rose by 4 per cent in both March and the first quarter of 2026, even as the group warned that prolonged instability ...

The Cyprus International Businesses Association (CIBA) and Invest Cyprus (CIPA) have signed a memorandum of understanding aimed at strengthening Cyprus’ position as an international business and investment centre, according to ...

A temporary ceasefire in the Middle East has offered only limited relief to global shipping and oil markets, with analysts warning that the Strait of Hormuz remains open under restrictions ...

Retail trade volumes in February 2026 showed a mixed picture across Europe, with Eurostat reporting a monthly decline in both the euro area and the EU, while Cyprus recorded a robust ...

The American Chamber of Commerce in Cyprus (AmCham) has announced its support for the UCLan Cyprus Alumni Global Skills Training and Networking Series 2025-2026, an initiative delivered with the backing ...

Cyprus is entering a phase of full energy transition, with the government prioritising independence from imported fossil fuels as the “only realistic option” for economic stability, Energy Minister Michalis Damianos ...

Vassilico Cement Works Public Company Ltd has announced that its board of directors meeting will take place on April 23, 2026 to examine key matters including the company’s annual financial results ...

The board of directors of ASBISc Enterprises PLC has announced the convening of its upcoming annual general shareholders meeting, due to take place on May 6, 2026 at 11:00 am CET at the ...

Constantinou Bros Hotels Public Company Ltd has announced that its board of directors meeting has been scheduled for April 29, 2026. The company, headquartered in Paphos, communicated the decision through a formal ...

Paymentology, the global leader in issuer-processing, is spearheading a major expansion for Snappi as the Greek digital bank transitions from its market debut into a high-growth phase focused on product ...

The Bank of Cyprus on Wednesday announced that its board of directors has approved the annual financial report for the year ended December 31, 2025, confirming strong profitability, lending growth and capital ...

Cyprus is entering a phase of full energy transition, with the government prioritising independence from imported fossil fuels as the “only realistic option” for economic stability, Energy Minister Michalis Damianos ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Wednesday that it has extended the start date of the management prohibition on Otkritie Broker Ltd’s sole director Igor Gutinskiy, ...

President Nikos Christodoulides on Wednesday addressed key challenges in the energy sector, the utilisation of natural gas, and international efforts to promote Cyprus as an investment destination during a roundtable ...

Demetra Holdings Plc announced on Wednesday that it proceeded with a buyback of of its own shares through the Cyprus Stock Exchange (CSE) during a trading session held the previous ...

Paphos shopkeepers reported subdued Easter trading, saying that festive decorations and seasonal displays were not enough to lift footfall in the city’s upgraded shopping centre. Speaking to the Cyprus ...

Limassol’s historic shopping centre saw weaker footfall over Easter, with traders blaming poor consumer sentiment, lower tourist arrivals linked to the war in the region, and unseasonably cold, rainy ...

Cyprus has intensified its international tourism outreach as Deputy Tourism Minister Kostas Koumis held a series of high-level contacts in key tourism markets abroad, including a working visit to the ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) celebrated its 65th anniversary this week by highlighting its enduring contribution to the accounting profession and the economic development of the ...