Cyprus Mail - Business & Finance

11/06/2026

Alpha Bank awards 4.2 million shares to staff under bonus scheme

Alpha Bank announced on Wednesday that it will distribute 4.2 million treasury shares free of charge to executives and employees under its 2025 Combined Bonus Plan (CBP). The decision was taken by the bank’s board of directors as part of the implementation of the performance-based remuneration pro...

11/06/2026

For over six decades, the Leptos Group has played a defining role in shaping the modern image and international positioning of Cyprus through pioneering developments, long-term investments and a vision centred around extroversion, innovation, quality and global standards across multiple sectors. Through real-estate development, hospitality, education and healthcare,the Leptos Group…

11/06/2026

Limassol music tech firm plans future acquisitions, innovative products

Limassol-headquartered Muse Group, a global leader in music education and technology, has announced the start of a new phase in its development following the conclusion of a two-year investment partnership with Francisco Partners. The investment firm, which first acquired a minority stake in the com...

11/06/2026

Cyprus state employment edges higher amid concerns over public payroll

The total number of state employees in Cyprus reached 55,382 in May 2026, according to figures released by the Cyprus Statistical Service (Cystat) on Thursday, representing a slight increase compared with the same month a year earlier. The latest data showed that the total state workforce increased....

11/06/2026

The Cyprus Cement Public Company Ltd announced on Thursday that it purchased a portion of its own equity through the Cyprus Stock Exchange (CSE. During the session held on June 10, 2026, the company successfully finalised the purchase of 1,660 own shares The shares were acquired at a price of…

11/06/2026

Cyprus highlights gaming regulation achievements, sets new priorities for 2026.

At a press conference titled "Cyprus Takes a Leading Role in European Gaming Regulation" held on June 9, 2026, the Cyprus Gaming and Casino Supervision Commission (CGCA) presented its institutional review for the period 2024-2025, highlighting its key achievements and outlining its future....

11/06/2026

UFL Mobile targets football gaming’s big league

Cyprus-headquartered gaming company Strikerz Inc. CEO and co-founder Eugene Nashilov has said the company wants UFL Mobile to become one of the world’s top three football games, as the free-to-play title moves deeper into its global soft launch and prepares for a wide...

11/06/2026

Outgoing Cyprus Fiscal Council president Michalis Persianis warned on Wednresday that the current positive trajectory of the economy must be supported by a conscious policy aimed at preserving its fundamental strengths. In his address during the presentation of the annual report for 2025, Persianis stated that while the economy maintains…

11/06/2026

Shipping faces new pressure as Red Sea tensions rise

The Red Sea has returned to the centre of global shipping concerns, as renewed Houthi threats and the escalation between Israel and Iran raise fresh fears over supply chains, energy flows, inflation and global trade.  What was already one of the world’s most volatile marit...

11/06/2026

Cyprus Stock Exchange (CSE) chairman Marinos Christodoulides on Thursday held a meeting with the Ambassador of Kazakhstan to Cyprus Nikolay Zhumakanov at the exchange’s offices in Nicosia. The discussions took place in the context of the recent visit of the President of the Republic of Cyprus to Kazakhstan and formed…