#business

Cyprus’ state workforce reached 53,152 employees in September 2026, increasing by 622 people or 1.2 per cent from 52,530 a year earlier, according to figures released on Monday by the statistical service (Cystat).  The increase ...

Cyprus’ trade deficit widened to €6.3 billion in the first eight months of 2026, as imports increased by 10.9 per cent, more than double the 5 per cent growth recorded in exports, according to ...

The Cyprus Stock Exchange (CSE) announced on Monday that its official website will be temporarily unavailable on October 17, 2026. The scheduled temporary outage is necessary to carry out routine upgrades and ...

Cyprus’ financial intelligence unit (FIU) received 24,092 reports of suspicious transactions and activities in 2025, as the growth of crypto-asset services and cross-border financial business drove a sharp increase in submissions, according ...

The Cyprus Securities and Exchange Commission (CySEC) released an investor education booklet on Monday, focusing on digital financial literacy, investor protection and the risks of online investment scams. The publication ...

Shipping offers young people careers at sea and ashore, Deputy Shipping Minister Marina Hadjimanolis said at Limassol’s fifth Thalassa festival, which turned the Molos seafront into a showcase for ...

The first free guided tour of Ierokipia’s historic centre has been completed successfully, with the Paphos regional tourism board (Etap Paphos) reporting positive feedback and growing interest in upcoming ...

The Cyprus Financial Literacy and Education Committee (CyFLEC) will hold free financial education workshops for women in Nicosia on November 10-11, 2026, aiming to improve their money management skills, financial confidence ...

The Employers and Industrialists Federation (Oev) has called for proportionate, risk-based workplace safety requirements for the retail sector, arguing that measures should reflect the size and needs of individual businesses ...

Demetra Holdings Plc bought back 5,057 of its own shares on October 9, 2026, at an average price of €1.35 per share, the company announced on Monday. The purchases were carried out through the ...

Eurobank repurchased 2,120,001 of its own shares on the Athens stock exchange between October 5 and October 9, spending a total of €9,606,163.33 as part of its ongoing share buyback programme. The bank paid ...

Cyprus’ €14.4 billion state budget for 2027 comes under parliamentary scrutiny on Monday, with Finance Minister Makis Keravnos presenting the government’s spending plans, economic forecasts and fiscal priorities to the House ...

Efforts to attract investment, reduce bureaucracy and improve business conditions in Nicosia were discussed between Deputy Minister to the President Irene Piki and the capital’s Chamber of Commerce and ...

Morgan Stanley sees an opportunity to buy European bank shares following their recent decline, arguing that the sell-off reflects deteriorating sentiment in government bond markets and profit-taking rather than a ...

The technology industry will enter 2027 under growing pressure to turn years of heavy investment and rapid innovation into measurable economic and operational returns, according to research firm Omdia. Omdia identified ...

Cyprus’ property market is facing a growing imbalance between what developers are building and what local buyers can afford, with Ask Wire founder and CEO Pavlos Loizou warning that a ...

British lenders reduced the availability of mortgages and ​other secured lending to ‌households for the first time in three years during the three ​months to the end of ​August, a ...

EU-funded researchers are developing tiny devices that could turn infrared sunlight and stray radio waves into extra energy for satellites. By Jonathan O’Callaghan Satellites waste energy in space. Some ...

By Stelios Georgakis, Head, Directorate General Payments, Central Bank of Cyprus  Cyprus has long stood at the crossroads of continents, cultures and trade routes. Throughout its history, our island has ...

Here are the top business stories in Cyprus from the week starting October 5: Cyprus and India are preparing the next phase of their maritime cooperation, with a business forum planned ...

Enterprises are increasingly moving edge computing into production as they expand internet of things deployments, with 62 per cent adopting edge architectures, according to research firm Omdia. The survey of 570 IoT ...

The Bank of England should not continue to rely on high ​bond yields to do its job ‌of taming inflation, Monetary Policy Committee member Megan Greene has said. “It’s ...

Global shipments of premium televisions are forecast to rise 9.3 per cent year-on-year in 2027 even as the wider TV market contracts, according to research from market intelligence firm Omdia. Premium TVs, ...

Researchers are combining AI, cameras and DNA traces in seawater to build a transparent picture of what is being caught, and support more sustainable fisheries. By Michael Allen Europe’s ...