#business

Petrolina (Holdings) Public Limited has announced a consolidated profit after tax of €8,300,087 for the financial year ending December 31, 2025, a significant increase from the €2,725,272 recorded in the previous year. The board ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced the integration of the Cyprus International Businesses Association (CIBA) into its structure, aiming to strengthen the collective representation of the ...

The Bank of England’s regulatory arm on Wednesday set out plans to tighten the capital treatment ​of funded reinsurance, a type of deal in which life insurers pass ‌on ...

Sberbank has cut ​its gross domestic product growth forecast for ‌Russia to 0.5 per cent to 1 per cent from between 1 per cent and 1.5 per cent, after a poor first-quarter economic performance. ...

Britain’s economy faces a sharp slowdown this year and in 2027 due to the Iran war, and inflation will stay above the Bank of England’s target until 2028, according to ...

Cyprus Airways on Wednesday announced the resumption of flights between Larnaca and Dubai, set to restart on May 1 following a careful assessment of the situation in the region. The airline ...

Demetra Holdings Plc executed the purchase of 5,588 own shares on April 28, as part of its ongoing capital management strategy and in accordance with local regulatory requirements. The investment firm on ...

The Association of Cyprus Banks has outlined a new strategy focused on strengthening outward engagement, as newly appointed director general Marios Skandalis presented the plan during a media briefing. Speaking ...

The Economics Research Centre of the University of Cyprus (CypERC) has reported that economic sentiment in Cyprus improved in April 2026, while warning of slowing growth momentum and rising uncertainty. Specifically, ...

Director of the president’s press office Victoras Papadopoulos announced on Wednesday that the Cabinet has been briefed on a comprehensive strategic plan designed to strengthen the international image of ...

Eurobank S.A. shareholders convened in a hybrid annual general meeting this week to approve a massive €258.7 million dividend distribution and a comprehensive share buyback programme. The meeting, held April 28, ...

The Central Bank of Cyprus (CBC) has reported a significant increase in loans and deposits for March 2026, reflecting continued momentum in the country’s banking sector. Total loans recorded a ...

Cypriot beverage maker Keo Plc recorded an operating profit of €8.8 million for the financial year ending December 31, 2025, according to the audited financial results approved by its board of directors on ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced that it successfully hosted the European Securities and Markets Authority (ESMA) for its board of supervisors and management board meetings ...

Cyprus’ industrial production index experienced an annual decline of 2.4 per cent during February, according to a report from the state statistical service (Cystat). The service reported that the index reached 108.4 ...

Eurobank took part as a platinum sponsor in the Cyprus EMEA Healthspan Summit on April 27–28, underscoring the strategic importance of the health sector for sustainable growth in Cyprus. The international ...

Alpha Bank successfully returned to international capital markets this week, completing the pricing of a €600 million Green Senior Preferred Bond, while also finalising its share buyback programme. The bank announced ...

Partners of the pICTureURpath project on gender balance in ICT met in the Netherlands on April 22–23, for their second transnational meeting hosted by the University of Groningen. The meeting brought ...

The European Central Bank (ECB) on Wednesday reported that the annual growth rate of the Eurozone broad monetary aggregate M3 climbed to 3.2 per cent in March, up from 3.0 per cent ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced the integration of the Cyprus International Businesses Association (CIBA) into its structure, aiming to strengthen the collective representation of the ...

The Cyprus Union of Shipowners (CUS) has congratulated the Deputy Ministry of Shipping for the successful organisation of the High-Level Ministerial and Stakeholder Conference on ‘Investing in Seafarers: Securing the ...

Cyprus’ Human Resource Development Authority (Anad) has brought self-employed workers into all its training schemes for the first time, in what its chairman Constantinos Fellas described as “a historic change” ...

Household real consumption per capita increased by 0.5 per cent in the euro area during the fourth quarter of 2025, following a 0.4 per cent rise in the previous quarter, according to a ...

Competitiveness, reform urgency and economic resilience dominated the annual general meeting of the Employers and Industrialists Federation (Oev) on Tuesday, as business leaders warned that Cyprus must accelerate structural changes ...