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13 headlines · 1 outlets · 2026-10-04 → 2026-10-18 · Wikipedia ↗ · 🔒 Follow
Here are the top business stories in Cyprus from the week starting October 12: The Cyprus economy is forecast to grow next year despite the economic headwinds due to ongoing crises abroad, the finance minister said on Monday in presenting the state budget for 2027. Makis Keravnos said GDP growth…
Greek shipowner Giorgos Vardinogiannis, a member of the family whose shipping and energy interests extended into Cyprus and president of Panathinaikos for almost 21 years, died on Friday aged 90. Known as the ‘Captain’, Vardinogiannis died following a short stay in hospital. He began his career at…
The International Monetary Fund (IMF) raised its growth forecast for Cyprus to 3.2 per cent in 2027, a revision welcomed on Thursday by Finance Minister Makis Keravnos, who pointed to the economy’s resilience despite continuing international uncertainty. According to the IMF’s October 2026 World…
Oil prices climbed towards $107 a barrel on Wednesday, as fresh attacks on tankers in the Strait of Hormuz and Saudi Arabian energy infrastructure threatened the recovery of Gulf exports, raising concerns over further increases in fuel costs in Cyprus. International benchmark Brent crude rose to…
Traditional banks have won the first battle with fintech companies, but Cyprus must speed up regulatory procedures, cut bureaucracy and attract skilled workers if it wants to compete in digital finance, the Forbes Cyprus Next Gen Banking & Fintech Summit heard on Tuesday. London Business School…
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 surge in building permits could put pressure on the market from 2027 and 2028. Speaking on the latest episode of…
