Highlights

In the aftermath of Iranian missile and drone strikes targeting Dubai last week, concerns among investors have intensified, prompting some wealthy residents to move funds out of the emirate as geopolitical tensions escalate.   Two Indian entrepreneurs living in Dubai attempted to transfer more than $100,000 each from their local bank accounts to Singapore shortly after the attacks, seeking to reduce their exposure to potential instability.   Their efforts initially ran into d

The Cyprus Statistical Service (Cystat) has reported that Cyprus’s services and transport sectors experienced broad-based growth during the final quarter of 2025. According to the data, the Turnover Value Index for the fourth quarter showed a 9.5 per cent increase in the accommodation and food service activities sector compared with the same period in 2024. Real estate activities also recorded an upward trajectory, with growth of 5.7 per cent during the three-month period, wh

One in three people and more than half of businesses in Cyprus have been targeted by cyberattacks over the past year, according to two nationwide surveys carried out by the Communications Commissioner and the Digital Security Authority, highlighting growing digital threats across the country.   The findings showed that 33 per cent of individuals experienced a cyberattack within the last 12 months, while nearly half of companies reported at least one security breach during the

The Central Bank of Cyprus has unveiled the CBC Blog, a new digital communication platform designed to deepen public understanding of economic developments and the role of central banking. The initiative, according to the bank, is part of a broader strategy to strengthen transparency and improve the flow of information to the public regarding economic conditions and monetary policy. Through this newly established blog, the central bank aims to publish timely, accessible and a

The Cyprus Chamber of Commerce and Industry (Keve) has underlined the substantial export potential arising from the newly concluded free trade agreement between the European Union and India, noting that the arrangement is expected to open important new pathways for European exporters, including businesses in Cyprus.   According to the chamber, the agreement, finalised in January 2026 and anticipated to take effect in the coming years, will make India’s vast market of around 1

European Central Bank and European Systemic Risk Board have jointly released a detailed analysis warning that expanding connections between traditional banks and the non-bank financial intermediation sector could create structural vulnerabilities capable of intensifying financial stress during adverse market environments. The joint publication, titled “Financial stability risks from linkages between banks and the non-bank financial intermediation sector”, concludes that while

Russia has reportedly made efforts to completely restrict access to WhatsApp within the country, according to the company, as authorities continue expanding controls over digital communication platforms. WhatsApp, which is owned by Meta, said the action appears intended to redirect its user base — estimated to exceed 100 million people in Russia — toward what it described as a "state-owned surveillance app". The reported move follows additional restrictions imposed by Russian

The European Central Bank (ECB) has released its latest wage tracker data, indicating that negotiated wage growth across the euro area is set to moderate in 2026, reflecting easing pay pressures in the bloc.   The headline ECB wage tracker, which covers active collective bargaining agreements and smooths one-off payments over time, shows negotiated wage growth of 3.2 per cent in 2025, based on a coverage of 49.9 per cent of employees in participating countries, and 2.4 per ce