#business

The euro area recorded an increase in gross debt equivalent to 4.5 per cent of quarterly GDP during the third quarter of 2025, according to data published by Eurostat this week. The ...

The Cyprus Trading Corporation announced this week that its board of directors will convene at the end of the month to finalise key financial results. Specifically, in an announcement on ...

Saudi Arabia’s National Infrastructure Fund and Humain, the kingdom’s artificial intelligence company, announced a financing agreement of up to $1.2 billion this week to support the expansion of AI ...

The Gates Foundation and OpenAI are setting up a $50 million partnership to help African countries use artificial intelligence to improve their health systems. The partnership, called Horizon1000, plans to work ...

Greek banks are currently designing new development models and orienting themselves toward fresh sources of revenue and profitability as their customer base changes rapidly. According to a report by Greek ...

International technology company SOFTSWISS has announced the appointment of Denis Romanovskiy as its first Chief Artificial Intelligence Officer, elevating artificial intelligence to the C-suite level at the company. The company ...

Safe Bulkers, Inc., the Limassol-linked dry-bulk shipowner listed on the New York Stock Exchange and an international provider of marine dry bulk transportation services, has entered into an agreement for ...

The Cyprus Commission for the Protection of Competition announced on Friday that it had received a merger notification concerning the acquisition of a portfolio of non-performing loans from Alpha Bank ...

Eurobank on Friday announced that it had successfully priced a €400 million issuance of fixed rate reset subordinated tier 2 notes, marking a major funding transaction for the group. Specifically, Eurobank S....

Wizz Air has officially launched the Wizz Air Pilot Academy (WAPA) in Cyprus, opening a direct pathway for aspiring local pilots to train with the airline and progress into the ...

The Central Bank of Cyprus (CBC) on Friday reported that the Cypriot banking sector’s non-performing loan ratio continued to fall, reflecting ongoing balance sheet repair and improved asset quality. ...

The Cypriot real estate market recorded a strong performance in 2025, with the total value of property transfers exceeding €4.7 billion and the number of sales documents rising by 15 per cent compared ...

Greenhouse gas emissions across the EU fell again, with Cyprus recording a sharp reduction in emissions relative to economic output, according to new Eurostat data. Specifically, Eurostat reported on Friday ...

Interest in the Cyprus–India Business and Investment Summit has gathered pace ahead of its Mumbai edition on January 28, with registrations already exceeding 400, reflecting growing momentum behind bilateral trade and ...

While the global shipping industry remains tethered to persistent operational pressures, Cyprus continues to navigate these headwinds with a unique blend of resilience and innovation, according to Shipping Deputy Minister ...

Cyprus achieved one of the largest reductions in government debt across the European Union during the third quarter of 2025, according to data released by Eurostat this week. The general government ...

EU-authorised INXY Payments has reported a sharp global acceleration in stablecoin adoption across multiple industries, as the Limassol-headquartered fintech revealed that it had surpassed $2 billion in annual transaction volume. The ...

Cyprus recorded a provisional general government surplus of 2.4 per cent of its GDP in the third quarter of 2025, according to seasonally adjusted data released by Eurostat this week. This performance ...

The Cyprus Chamber of Commerce and Industry (Keve) has shared details regarding an exciting funding opportunity for women-led deep-tech startups. As the coordinator of the Enterprise Europe Network in Cyprus, ...

The Cyprus Chamber of Commerce and Industry (Keve) announced this week that a presentation of the new tax reform of Cyprus will take place in Athens on March 6, 2026. The event ...

Cyprus secured record-breaking investor demand when it issued a €1 billion 10-year government bond on January 21, according to Finance Minister Makis Keravnos and detailed data released by the Public Debt Management ...

The International Air Transport Association (IATA) will hold the 2026 edition of the World Legal Symposium (WLS) from February 17 to 19 in Warsaw, Poland, with the event hosted by LOT Polish Airlines ...

The National Bank of Greece has announced the election of Michalis Haralabidis as a non-executive member of its board of directors. Haralabidis was elected during a board session held on ...

President of the Limassol Chamber of Commerce and Industry (Evel) Andreas Tsouloftas has assumed the presidency of the Limassol regional tourism board (Etap), it emerged on Thursday. Tsouloftas succeeds Tonis ...