#business

Gold surged above $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts by ...

Britain’s government has announced it would seek to streamline the process for home-buying under its latest plans to give a boost to the property market. The proposals could cut ...

The Finance Ministry’s debt management office will hold a public auction of €25 million in treasury bills on October 20, 2025. The auction will cover bills with a 13-week maturity and will ...

Cyprus participated in the international exhibition World Food India 2025, which took place in New Delhi from September 25 to September 28, 2025, through the Cyprus Trade Centre in New Delhi under the Energy ...

Eurobank Limited on Friday announced the completion of the merger of its Cypriot insurance subsidiaries, marking a significant development in the consolidation of its insurance operations in Cyprus. The merger, ...

Cyprus recorded the largest increase in commercial flights among EU member states this September, with activity up 24.1 per cent compared with the same month in 2019, according to the latest Eurostat ...

The Cyprus Shipping Chamber (CSC) expressed its strong support for a joint statement by seven leading international maritime organisations urging governments to adopt the ‘Net-Zero Framework’ (NZF).  The proposal is ...

One of the central themes of the recently-concluded Cyprus–Greece Business and Investment Forum was that the two countries should pursue stronger collaborations, partnerships, and joint ventures to bolster their ...

A landmark in sustainability and innovation, the future-forward commercial hub is setting new standards for the island’s real estate industry Neocleous Tower is a groundbreaking commercial development in central ...

Cyprus recorded a trade deficit of €5.15 billion in the period from January to August 2025, compared to €4.15 billion during the same period in 2024, according to the state statistical service (Cystat). Total ...

Cyprus recorded a general government fiscal surplus of €1.39 billion, equal to 4 per cent of GDP, for the period from January to August 2025, according to preliminary figures released on Friday by ...

More than 1,000 delegates took part in the international Maritime Cyprus 2025 conference, held in Limassol from October 6 to October 8. The conference focused on how to unlock the future of shipping, exploring ...

A bill submitted to parliament by the Deputy Ministry of Tourism seeks to modernise the legal framework governing catering and entertainment venues, aiming to boost competitiveness and simplify outdated procedures ...

The Cyprus Association of Large Investment Projects has backed a bill to establish a national mechanism for the control of foreign direct investments (FDI), saying it will bolster the credibility ...

Total beer deliveries in Cyprus recorded a notable increase in September 2025, rising by 24.1 per cent year-on-year, according to data released this week by the Statistical Service (Cystat).  Total deliveries reached 4.37 ...

A new survey by Zubr Capital has revealed that the majority of relocated tech founders in Europe feel shut out of local startup ecosystems, describing them as “in a bubble” ...

Cyprus is pushing ahead with a new model of governance that puts people, trust and innovation at its core, Deputy Minister to the President Irene Piki said on Thursday, opening ...

Agros Development Company ‘Proodos’ Public Ltd, which manages the Rodon Hotel in Agros and is listed on the Cyprus Stock Exchange (CSE), has issued a clarification regarding its 2024 annual report. ...

The Cyprus Stock Exchange (CSE) has lifted the suspension of trading of the shares of The Reputation Exchange Plc on the Emerging Companies Market. “The company has complied with its ...

Lemissoler Corporate Management Ltd. has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its innovative watertight hatch cover design for gearless bulk carrier vessels, a ...

The Association of Cyprus Banks (ACB) on Thursday announced that Panicos Nicolaou, chief executive officer at the Bank of Cyprus, has been appointed as its new president following the most ...

Seventy-four per cent of shipping companies have already aligned or plan to align with the International Maritime Organisation’s (IMO) net-zero emissions targets, according to preliminary findings presented at the ...

Demetra Holdings Plc has announced the buyback of 5,376 of its own shares through The Cyprus Investment and Securities Corporation Ltd (CISCO). This was in accordance with the relevant authorisation granted ...

The number of bounced cheques recorded in Cyprus reached 23 in September 2025, with a total value of €74,655, according to data published on Thursday by the Central Bank of Cyprus (CBC). This ...