#business

Skills shortages have overtaken cyber risks and economic volatility as the primary concern for business leaders in Cyprus, according to the 15th Annual PwC Cyprus CEO Survey. The survey gathered ...

Cyprus recorded average hourly labour costs of €21.7 during the 2025 financial year, according to a report released on Tuesday by Eurostat. The figure places Cyprus significantly below the European Union average ...

Eurostat on Tuesday announced that annual inflation in Cyprus is estimated to have risen to 1.5 per cent in March 2026, reflecting an increase compared to previous months. Speaking to the broader ...

Demetra Holdings Plc announced that it has successfully repurchased 7,500 of its own shares as part of a strategic share buyback programme. The transaction was carried out during the trading session ...

Cosmos Insurance Public Company Limited on Tuesday announced that it will convene its annual general meeting for shareholders on May 14, 2026, at its head offices in Nicosia. The meeting is scheduled ...

The Cyprus Statistical Service (Cystat) on Tuesday announced that the Index of Industrial Output Prices for February 2026 reached 122.9 units, recording both monthly and annual increases. The service reported that the ...

Cyprus is facing a challenging tourism season as the conflict with Iran has eroded the island’s safety image abroad, according to Charis Papacharalambous, president of the Association of Cyprus ...

The Bank of Cyprus (BoC) on Tuesday announced that its board of directors has approved the annual financial report for the year ended December 31, 2025, including the audited consolidated financial statements ...

The Bank of Cyprus (BoC) on Tuesday announced that students in Limassol recently participated in a cybersecurity initiative under its “The Young Ask and Provide Solutions” programme, focusing on threats ...

The push for cheaper electricity in Europe will depend on accelerating the energy transition while introducing targeted short-term measures, according to analysis by Andreas Poullikkas. The professor of energy systems ...

On a cool evening in Paphos, as the world’s top chess players gathered for one of the sport’s most prestigious tournaments, a parallel conversation was unfolding about a ...

Alpha Bank secured leading distinctions at the internationally recognised Euromoney Private Banking Awards, reaffirming its position in Greece’s private banking sector. The bank received the Best Private Bank – Greece ...

ASBISc Enterprises PLC announced that it remains broadly aligned with the corporate governance principles of Best Practice for GPW Listed Companies 2021, while not applying four detailed provisions. Specifically, the Cyprus-based ...

The Middle East conflict could trigger a “slow-burn” increase in vessel operating costs that persists long after the initial shipping disruptions, according to maritime research firm Drewry. While the industry ...

Dublin Airport’s passenger cap poses a “real and immediate risk” to Ireland’s economic growth, IATA Director General Willie Walsh has warned. Speaking to the Joint Oireachtas Committee, Walsh ...

Paphos is expected to have now reached full operational readiness, with almost all hotel accommodation and key tourism infrastructure functioning normally, according to an announcement by the Paphos regional board ...

Cyprus has officially recommended the ICS International Medical Guide for Seafarers and Fishers for use on board vessels under its flag, the International Chamber of Shipping (ICS) announced on Monday. ...

The Imperio Group recently handed over a cheque worth €1,980,450 to the Cyprus Land Development Corporation (Koag) during a formal ceremony. According to an announcement released on Monday, the €1,980,450 payment, made ...

Cosmos Insurance Public Company Ltd saw its annual profit climb to €3,207,597 in financial results published on March 27, 2026, marking a significant increase from the €2,683,414 recorded in 2024. According to an announcement release ...

The Cyprus Stock Exchange (CSE) on Monday announced the continuation of the suspension of trading in the shares of four listed companies following a decision by the Cyprus Securities and ...

Eurobank S.A. on Monday announced that it repurchased a total of 1,837,451 of its own shares between March 23, 2026 and March 27, 2026 under its ongoing share buyback programme. During the period from ...

The Statistical Service of Cyprus (Cystat) has reported that the Industrial Production Index recorded a year-on-year increase of 3.7 per cent in January 2026. The index reached 109.5 units during this time, with 2021 ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday announced the successful completion of its participation in Global Money Week 2026, delivering a comprehensive programme of activities across Cyprus. According to ...

On a cool evening in Paphos, as the world’s top chess players gathered for one of the sport’s most prestigious tournaments, a parallel conversation was unfolding about a ...