#business

The Association of Cyprus Banks (ACB) announced on Monday that Cyprus will host the official meetings of the European Banking Federation (EBF) this week, placing the island at the centre ...

The Bank of Cyprus (BoC) on Monday announced that shareholders approved a final cash dividend of €0.50 per share for the 2025 financial year, marking the largest payout since the bank resumed ...

Consumer goods prices continued to rise on the e-kalathi platform in the first half of May, with increases recorded across 182 product barcodes, the Cyprus consumers association said on Monday. According ...

Only four in 10 women in Cyprus have enough money to cover an emergency without borrowing, while just one in four has made additional retirement plans, early findings from the Financial ...

Travel packages to long-haul destinations have become cheaper in some cases this year, even as the war in the Middle East pushes up fuel costs and adds uncertainty to travel ...

United Aerospace Maintenance Company (UAMCO) Ltd has secured planning permission for a specialised aircraft engine test cell facility in the Aradippou industrial zone, marking a further step in Cyprus’ efforts ...

The price index of construction materials in Cyprus rose modestly in April, even as building activity continues to surge across the island, according to a report from the Cyprus Statistical ...

The Cyprus Statistical Service (Cystat) on Monday reported a sharp decline in tourist arrivals in April 2026, highlighting the deepening impact of the war in Iran on the island’s tourism ...

Cyprus is pushing ahead with its digital transition, placing competitiveness, resilience and inclusion at the centre of its strategy, the Deputy Ministry of Research, Innovation and Digital Policy said on ...

Cyprus-headquartered gaming company Strikerz Inc. is preparing the global rollout of UFL Mobile in the second half of 2026, as the football title looks to carve out its own space in ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to investors regarding a number of websites operating without authorisation to provide investment services. The regulator stated that the ...

The Cyprus Trading Corporation Plc (CTC) on Monday announced that the Cyprus Securities and Exchange Commission (CySEC) has approved the public offer document for its proposed acquisition of Ermes Department ...

Investment firm Demetra Holdings Plc on Monday announced that it completed the repurchase of 6,880 of its own shares through the Cyprus Investment & Securities Corporation Limited (CISCO) during a trading ...

Genikes Insurance on Monday announced that it was named Best General Insurance Company in Cyprus at the Global Banking and Finance Awards 2026, while also securing the title of Best Insurance ...

Digital banks are reshaping the transmission of monetary policy across the euro area, according to European Central Bank (ECB) monetary policy adviser Katarzyna Budnik. In a recently-published piece of analysis, ...

The International Maritime Organisation (IMO) is using this year’s International Day for Women in Maritime to press a sharper message, gender equality in shipping can no longer remain a ...

The launch of Cyprus’ competitive electricity market represents an important modernisation step, but stronger regulatory safeguards are essential to prevent market distortions and protect consumers, according to energy expert Andreas ...

As digital nomads rethink where to live, researchers are exploring whether their choices can help close Europe’s urban–rural divide. New research suggests the shift to remote working could ...

Global desktop monitor shipments reached a total of 133.4 million units in 2025, according to a report from market intelligence firm Omdia, marking a recovery from previous post-pandemic disruptions. This expansion represents ...

The euro served as the primary currency for extra-EU imports of primary goods, excluding petroleum, during the year 2025, according to a report from Eurostat. This leading position was marked by ...

Financial integration in the euro area has improved markedly since late 2022 due to resilient market functioning, according to a report from the European Central Bank (ECB). The latest findings on ...

A Cyprus-based digital health startup is advancing cognitive rehabilitation through a new platform, aiming to address gaps in awareness and access to treatment across the healthcare system. The initiative centres ...

Global social media advertising revenue is projected to reach $640 billion by the end of 2030, according to the inaugural Social Media Advertising Market Landscape 2026 report published by industry analysts at Omdia. ...

The European Union achieved a €24.7 billion surplus in the trade of agricultural products during the year 2025, according to a report from Eurostat. Specifically, the bloc exported goods worth €238.2 billion while ...