#business

Cyprus recorded the lowest inflation rate among all European Union countries in May, according to figures released by Eurostat this week. Inflation in Cyprus fell to just 0.4 per cent in ...

The number of building permits authorised in Cyprus dropped by 20.4 per cent in February, when compared to the same month in 2024, the state stastical service reported on Thursday. The report ...

By Dr Νicolas Kyriakides, Assistant Professor, Director of the Procedural Law Unit, University of Nicosia, President of the Reform Committee of the Cyprus Bar Association In its latest Article IV ...

Eurobank on Thursday released a detailed report outlining its role as a catalyst in the evolving economic, commercial and business relations between India, Cyprus and Greece. The announcement came in ...

India’s Drone Destination has announced the establishment of its European subsidiary in Cyprus, marking another strategic step in deepening bilateral economic ties following Indian Prime Minister Narendra Modi’s ...

Seafarers detained in connection with their professional duties must be treated fairly and with dignity, with full respect for their human rights, according to high-ranking maritime officials. This was the ...

What began as a personal move soon evolved into a bold strategic decision. In an interview with Cyprus Mail, Matt Murphie, founder and investor of Copper Island, the international film ...

The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned against putting ...

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity ...

Microsoft (MSFT.O) is planning to cut thousands of jobs, particularly in sales, as the tech giant streamlines its workforce amid increased investments in artificial intelligence, Bloomberg News reported on ...

Transport Minister Alexis Vafeades expressed pride on Wednesday during a presentation of the newly upgraded Spyros Kyprianou Athletic Centre in Limassol, ahead of its role as a host venue for ...

British inflation cooled in May as expected by the Bank of England, which is set to keep interest rates on hold this week while it assesses international energy markets rocked ...

Cyprus is ramping up efforts to boost workforce skills with a fresh wave of training programmes, set to launch in the second half of 2025. The schemes have just been approved ...

Nissan (7201.T) is betting on a new version of its Leaf electric vehicle (EV) to revive its fortunes, having gone from mass-market EV pioneer to laggard since its first model ...

Oil prices fell on Wednesday, after a gain of 4 per cent in the previous session, as markets weighed up the chance of supply disruptions from the Iran-Israel conflict and as ...

Cyprus has slipped one place in the IMD World Competitiveness Yearbook 2025, ranking 44th globally, according to the latest report published by the Switzerland-based IMD business school in Lausanne. The country ...

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity ...

The Public Debt Management Office on Wednesday announced that it accepted offers totalling a nominal value of €25 million at the 13-week Treasury Bills auction held on June 16, 2025. Total bids submitted ...

Consumer prices in Cyprus recorded a modest year-on-year increase of 0.4 per cent in May 2025, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). Specifically, the Harmonised ...

Construction material prices in Cyprus have edged up from last year, despite a monthly dip in May, according to a report from the state statistical service. Specifically, the Construction Materials ...

The Cyprus Chamber of Commerce and Industry (Keve) has issued an invitation to buyers from around the world to participate in the upcoming “Meet the Buyer” online matchmaking event, scheduled ...

Logicom has issued an announcement, under the relevant transparency requirements, related to the exercise of voting rights during its upcoming annual general meeting (AGM), due to take place on Thursday ...

The Limassol regional tourism board (Etal) this week inaugurated a new viewing in Pissouri, according to an official announcement. The board explained that the new viewing point, located in the ...

Cyprus is preparing a sweeping tax overhaul that will broaden the tax base, toughen enforcement and ease the burden on households and businesses, officials familiar with the draft legislation said. ...