#business

A recent exchange has highlighted delicate relations between the Federation of Employers and Industrialists (Oev) and the Cyprus Chamber of Commerce and Industry (Keve), following a social media post by ...

At the present stage, the direct and indirect effects of the expanding conflict in the Middle East on international banks and asset managers are considered manageable, according to a report ...

Eurogroup president Kyriakos Pierrakakis on Wednesday warned of an “unprecedented and deeply worrying” crisis in the Middle East, stressing that its duration will determine the scale of consequences for Europe. ...

Demetra Holdings Plc announced on Wednesday that it successfully repurchased 7,990 of its own shares on March 3 as part of its ongoing capital management strategy. The transaction was carried out in ...

Cyprus hoteliers have reported cancellations for April and May and a slowdown in new bookings for the coming months, following the US travel advisory for the island, while industry groups ...

Tourism, shipping, investment, energy, inflation and household purchasing power in Cyprus are expected to be affected by the turmoil in the Middle East, with the scale of the impact depending ...

Columbia Group president and chief executive Mark O’Neil said on Wednesday that the company is closely monitoring the recent escalation in the Gulf region under its established security and ...

Cyprus’ seasonally adjusted unemployment rate stood at 4.2 per cent in January 2026, remaining well below both the euro area and EU averages, according to Eurostat. Specifically, the statistical office of the ...

EU tourism reached a new record in 2025, with nearly 3.1 billion nights spent in tourist accommodation establishments, while Cyprus recorded robust performance in both overnight stays and revenues. According to Eurostat, ...

The Cyprus Stock Exchange (CSE) council on Wednesday announced the specific market shares held by its members during the trading period of February 2026. This official disclosure incorporates several detailed data ...

Telecoms provider Cyta on Wednesday announced that it secured five major distinctions from Ookla for the second of 2025, reaffirming its position as the fastest mobile network in Cyprus for the ...

Eurobank S.A. on Wednesday announced that The Capital Group Companies, Inc. reduced its indirect holding in the bank to below 5 per cent of voting rights. The announcement was made ...

Limassol’s evolving real estate landscape will take centre stage on March 17, when industry leaders, policymakers and investors gather at the 20th Real Estate, Property Development, Construction Conference and Exhibition ...

Nicosia has been ranked second among the top 20 destinations in Europe for 2026 by the European Best Destinations organisation, after receiving 109,214 votes from international travellers worldwide. According to a statement issued ...

The escalation of the conflict in the Middle East is expected to increase volatility across the global shipping sector, as major operators suspend or reroute cargo flows following the US ...

Woolworth (Cyprus) Properties Plc and Ermes Department Stores Plc have announced that they will hold their annual general meetings at their registered office in Nicosia. Firstly, Woolworth (Cyprus) Properties Plc ...

The Cyprus statistical service (Cystat) has reported that the island’s services and transport sectors achieved broad-based growth during the final quarter of 2025. The Turnover Value Index during the fourth ...

Cyprus’ Deputy Ministry of Shipping on Tuesday said that there are currently 19 ships under the Cypriot flag operating in the Persian Gulf, adding that both the vessels and their crews ...

A €22 million mixed-use office and commercial tower is set to rise in Limassol’s Neapolis area after securing approval from the Environmental Authority, with construction expected to take 28 months from ...

Noatum CSM, a ship management joint venture established between AD Ports Group and Columbia Group, has signed a strategic collaboration agreement with GP General Procurement Company Limited, known as GenPro, ...

Eurobank S.A. announced this week that it had repurchased 1,622,263 of its own shares between February 24, 2026 and February 27, 2026, under its approved share buyback programme. The programme was approved pursuant to ...

The Bank of Cyprus (BoC) on Tuesday outlined updated financial targets and capital allocation plans at an investor presentation. At the same time, GlobalWealth Group PLC announced that the Bank ...

Paphos is stepping up efforts to deepen its footprint in the German market, as the Paphos Regional Tourism Board (Etap) takes part in ITB Berlin, held from March 3 to 5. According ...

YoungShip Cyprus hosted its Young Leader Award Ceremony during the ‘Melodies Across the Sea’ event in February 2026 at Limassol New Port, bringing together the maritime community, industry figures and young ...