#business

The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it has imposed administrative fines on 12 listed companies for breaching transparency rules relating to the publication of their annual ...

Used vehicles drove a strong increase in Cyprus’ motor market during the first seven months of 2026, while registrations of new vehicles continued to decline, according to figures released by the ...

Cyprus allocated approximately €112 million to research and development (R&D) in 2025, almost doubling government funding over the past decade despite a decline from the previous year, according to figures ...

European Union exports of alcoholic beer to non-EU countries fell by 11 per cent in 2025, according to a report released by Eurostat on Friday. The release of the statistical figures coincided ...

The Cyprus Chamber of Commerce and Industry (Keve) will host a business forum and business-to-business meetings with a Palestinian business delegation in Nicosia on September 10, 2026, aiming to strengthen commercial ties ...

The Central Bank of Cyprus (CBC) announced on Friday that it is accepting applications to fill two senior vacant positions within its workforce. Specifically, the financial institution is seeking qualified ...

Beverage company Keo plc on Friday announced that technical issues with its dividend calculation software may cause a delay in distributing its approved dividend to shareholders. The announcement follows the ...

Demetra Holdings Plc repurchased 3,340 of its own shares at a price of €1.465 per share on August 6, 2026, according to an official announcement released by the company on Friday. The transaction was ...

PwC Cyprus chief executive Andreas Yiasemides has been appointed chairman of the council of the University of Cyprus for a three-year term.  The appointment was made by the Cabinet and ...

Michalis Kammas has pledged that he and the board of the newly established Cyprus Business Development Organisation will “do everything we can” to achieve the government’s objectives, following his ...

Cyprus has been showcased in a new international video released by the International Social Security Association’s Construction Section (ISSA-C), highlighting examples from the island that promote workplace safety, health ...

EmissionLink managing director Philippos Ioulianou has called for fairer treatment of shipping under the proposed expansion of the EU Emissions Trading System (EU ETS), warning against double charging and urging ...

Cyprus must adopt a balanced and long-term energy strategy combining conventional power generation, renewable energy, storage, electricity interconnection and demand management, energy systems expert and former Cyprus Energy Regulatory Authority (...

EasyJet founder Sir Stelios Haji-ioannou and his family will remain significant shareholders in the airline after its proposed £5.7 billion takeover by US investment firm Apollo, bringing an end to a ...

Cyprus’ construction sector maintained strong growth momentum in the first half of 2026, supported by a robust pipeline of new projects, rising property demand and continued investment activity, according to a ...

Greek shipowner Semiramis Paliou has taken back OceanPal’s remaining fleet through an affiliated company, closing the shipping chapter of a business spun off from Diana Shipping less than five ...

Britain’s dominant services sector returned to growth last month as new orders picked up, according to a survey by ​S&P Global that showed expectations for activity in ...

The gross domestic product (GDP) of Cyprus was valued at €36.48 billion in 2025, accounting for 0.2 per cent of the European Union’s total economic output, according to provisional figures published by ...

Cyprus sets up national business development body to drive SME growth The Cabinet on Wednesday brought into force the law establishing the Cyprus Business Development Organisation and appointed the new ...

Commercial shipping through the Strait of Hormuz has all but stopped, with only two commodity vessels passing through the waterway on Wednesday, as negotiations over a new transit corridor struggle ...

Cyprus’ inflation rate eased to 2.9 per cent in July 2026, down from 3.1 per cent in June, as lower fuel prices and a sharp fall in clothing and footwear brought the consumer ...

Sainni bets on real-time AI to change the way businesses sell Artificial intelligence is reshaping the way businesses sell, but a Cyprus-based startup believes the next step is moving beyond ...

Retail trade volume in Cyprus contracted by 1 per cent in June 2026 compared with the previous month, according to a report released on Thursday by Eurostat. The monthly drop in Cyprus ...

Asbis delivers ‘best quarter in company history’ Cyprus-based IT distributor ASBISc Enterprises Plc, commonly known as Asbis, on Thursday reported its most profitable quarter on record after net profit more ...