#business

The implementation of Cyprus’ 2025 state budget reached 87 per cent for revenue and 92 per cent for actual expenditure, according to a Treasury report published on Tuesday. Total revenues for 2025 amounted to €10.20 ...

Eurobank on Tuesday announced that it acquired a total of 2,144,612 of its own shares on the Athens Stock Exchange (ATHEX) between February 16, 2026 and February 20, 2026 as part of its ongoing strategic ...

Cyprus sits in the lower half of Europe’s wealth ranking, with average net wealth per adult at €102,315 in 2024, according to the Global Wealth Report 2025 by UBS, reflecting a sharp ...

EU countries imported €3.471 trillion worth of services from non-EU countries during 2024, with Cyprus standing out for its heavy reliance on cross-border supply and the presence of natural persons, according to ...

Cyprus is recalibrating its higher education model, as universities upgrade programmes, expand research structures and strengthen links with industry, while the government increases student sponsorship in a bid to improve ...

Nearly one in four transport workers in Cyprus is employed by a foreign multinational, double the EU average, according to new figures from Eurostat. Specifically, the European Union’s statistical ...

Cyprus is tightening oversight of influencer marketing, as authorities step up inspections to ensure that paid social media promotions are clearly labelled as advertising, in a global market projected to ...

Cyprus marked the 20th anniversary of the Maritime Labour Convention (MLC 2006) on Sunday, with the Cyprus Shipping Chamber (CSC) joining global celebrations as the official representative of the island’s ...

Cyprus is experiencing increasingly frequent and intense dust episodes and, against this backdrop, a new scientific study has quantified their direct impact on solar energy production. The study found that ...

Cyprus has secured European Commission approval for €44.5 million in public funding for the construction of Limassol’s new football stadium, alongside a 20-year preferential use agreement for three local clubs, ...

Wizz Air on Tuesday announced that it will temporarily suspend access to its booking and digital customer service platforms from 23:00 CET on February 25, 2026 until 08:00 CET on February 26, 2026. According to the ...

With more than a decade of experience in foreign direct investment and over 15 years in securities markets, Ruslan Adilbaev has built his career at the intersection of capital, regulation and ...

The Central Bank of Cyprus (CBC) has announced the launch of the CBC Blog, a new digital platform aimed at strengthening public understanding of economic and central banking issues. According ...

New diesel car registrations in the European Union have fallen by 67 per cent over the past decade, while battery-only electric vehicles now account for 13.9 per cent of new sales, according ...

The Cyprus Computer Society and the Council of European Professional Informatics Societies will hold a conference in Nicosia on March 3, aimed at strengthening career guidance for girls in information technology ...

Cyprus’ housing market is entering a new phase, with Build-to-Rent and structured student accommodation emerging as potential tools to ease pressure on young people, according to Elena Orfanidou and Dimitris ...

British businesses have extended their early 2026 rebound into a second month, but jobs are still being sharply cut among services firms partly as a result of higher taxes imposed on ...

The Cyprus Chamber of Commerce and Industry (Keve), acting as the coordinator of Enterprise Europe Network Cyprus on the island, has announced that local businesses can now join a targeted ...

The subsea optoelectronics network equipment market reached $337 million during the third quarter of 2025, rising 32.5 per cent from the previous quarter, according to market intelligence firm Omdia. According to the company’...

The International Air Transport Association (IATA) and the Spanish Airline Association (ALA) have called for an annual 4.9 per cent reduction in Spanish airport charges, excluding inflation, over the 2027-2031 regulatory ...

Cyprus and Serbia have agreed to sign a Memorandum of Cooperation in tourism in the coming months, with the Republic of Cyprus participating as the honoured country for the first ...

The Central Bank of Cyprus (CBC) has announced that it will survey citizens across the island on savings and investment issues ahead of a public dialogue event in March. The ...

Seasonally adjusted production in construction increased by 0.9 per cent in the euro area and by 1.2 per cent in the EU in December 2025, compared with November 2025, according to Eurostat. In November 2025, ...

The Enterprise Europe Network Cyprus is inviting local businesses to attend a specialised online workshop on February 26, 2026, which focuses on risk mitigation strategies for small and medium enterprises operating in ...