#business

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday urged Cypriot banks to remain “vigilant and adaptive” in the face of mounting global uncertainty, stressing their role as “pillars ...

The latest ICS Maritime Barometer highlights continued pressure on the global shipping industry, as maritime leaders face a combination of geopolitical instability, rising regulatory demands and growing cyber-security risks. Based ...

Eurobank Research has retained the top spot for overall macroeconomic forecasts for Greece for the second consecutive year. This year, the bank has also achieved first place in Cyprus for ...

Women entrepreneurs in Cyprus are being encouraged to take advantage of three open calls offering financial support, mentorship and international networking opportunities. The Cyprus Chamber of Commerce and Industry, acting ...

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director ...

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., on Wednesday announced the completion of the squeeze-out procedure for the acquisition of the remaining shares of ...

Japan’s Nintendo said on Wednesday it had sold more than 3.5 million Switch 2 units in the first four days after its launch, making the console the company’s fastest-selling gaming ...

Award-winning practices set new benchmarks in Cypriot retail Lidl Cyprus has concluded its fifteenth anniversary year, underscoring a track record of durable expansion, local investment and consumer-centred innovation in the ...

The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, more resilient, and better aligned with international standards, according to Wim Mijs, Director ...

The Finance Ministry on Wednesday announced the upcoming delisting of a government security issued earlier this year by the Republic of Cyprus. The 13-week treasury bills, identified under the code ...

Cyprus faces annual losses of €8 million and more than 16 jobs due to illicit trade in food and beverages, part of a wider threat affecting the entire European Union. The European ...

Visitor numbers at restaurants, bars and coffeeshops across Cyprus ranged from 80 per cent to 90 per cent during the Kataklysmos long weekend, according to Neophytos Thrasivoulou, president of the hospitality owners ...

The Cyprus Chamber of Commerce and Industry (Keve) released a statement on Wednesday summarising its participation in the Investopia Global Mediterranean Forum, which took place in Limassol this week. “The ...

Cyprus-based Aloha Browser has unveiled new global research that reveals a widespread struggle with digital overload and its adverse effects on focus, productivity and mental wellbeing. According to the study, 71 ...

Tourism officials from Cyprus, Greece and Lebanon gathered in Limassol this week to discuss the future of the sector amid geopolitical uncertainty, climate risks and the growing influence of artificial ...

Larnaca continues to strengthen its position in the real estate market, registering the highest increases in property values during the first quarter of 2025, according to the latest RICS Cyprus Property ...

The British economy will grow a mild 1 per cent this year with the Bank of England set to cut interest rates two more times in 2025, according to economists polled by ...

Cyprus took the spotlight at the Investopia Global Mediterranean Forum in Limassol this week, with Energy Minister George Papanastasiou reaffirming the country’s commitment to building closer ties with the ...

Pay growth in Britain slowed sharply and unemployment rose to its highest in nearly four years in the three months to April, official data showed on Tuesday, potentially making the ...

The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3 per cent, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly ...

The Finance Ministry on Tuesday announced the implementation of a revised and locked notification template for outgoing transfers of funds, in accordance with the provisions of the relevant article under ...

Electric and hybrid vehicles in Cyprus have gained a stronger foothold in the market during the first five months of 2025, according to official data released on Tuesday by the state ...

Freedom Holding Corp., the parent company of Freedom24, has been selected for inclusion in the internationally recognised Russell 3000® Index as part of its 2025 annual reconstitution. The inclusion will become effective ...

Cyprus posted a trade deficit of €2.61 billion for the period between January and April 2025, up from €2.46 billion recorded during the same period in 2024, despite a notable surge in exports, according ...