Business

Limassol’s urban residential market remains the heartbeat of Cyprus’ property sector. The latest Land Registry data, processed by Ask Wire, reveals 3,164 residential transactions took place in 2024, amounting to €1.38 billion. ...

The value of bounced cheques in Cyprus rose to €156,564 in the first quarter of 2025, according to data published on Thursday by the Central Bank of Cyprus (CBC). The CBC noted ...

Green taxes expected to come into effect in May are now being postponed, finance ministry permanent secretary Andreas Zachariades said on Thursday. Zachariades said the carbon taxes would most likely ...

Tesla (TSLA.O) started selling cars in Saudi Arabia on Thursday, a country where on a 900-kilometre (559 mile) stretch of its main east-west highway linking the capital Riyadh and the ...

Cyprus’ cruise industry is on the path to recovery after years of disruption, according to DP World Limassol CEO Simon Pitout. Pitout on Thursday said the sector is set to ...

Cyprus is expected to see record tourism in Akamas this summer, thanks to a government plan aimed at tying together various development and beautification projects across the peninsula’s villages. ...

President Nikos Christodoulides this week presented the government’s rebranding drive during a roundtable with tech executives in San Francisco. The event focused on Cyprus’ role as an EU member ...

The European Commission has proposed shortening the standard securities settlement cycle from two business days to one (T+1), something which is being seen as a significant development for European capital ...

DBRS Ratings (Morningstar DBRS) has upgraded the credit ratings of two major Greek banks, Eurobank S.A. and the National Bank of Greece, raising them from BBB (low) to BBB. ...

According to high-end, future-forward real-estate pioneers, Tor Properties, progress is on schedule at The Triangle. Strategically situated for business excellence, The Triangle is a groundbreaking new business centre, poised to ...

The fifth edition of Tech Talks, a community-driven event inspired by Google’s original Tech Talks initiative, is set to take place on Monday, May 5, at 7pm. Aimed at the ...

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 settlement on Cyprus Investment Firm (CIF) Colmex Pro Ltd for possible violations of investment services legislation. The settlement, already paid ...

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund an ...

Risks of a hit to the global economy and further sharp falls in financial markets have grown due to US President Donald Trump’s import tariffs and the UK is ...

Saudi Aramco has signed a deal with China’s Sinopec to expand a petrochemicals complex operated by their Yasref joint venture on the kingdom’s western coast, the Saudi state ...

As the crypto market matures, investor focus is gradually moving away from speculative tokens and toward structured projects with clear use cases. One example of this transition is the growing ...

With renewed fears of a prolonged downturn in the crypto space, many investors are shifting their attention away from high-cap tokens and toward utility-based projects showing steady growth. While broader ...

The much-anticipated REALTYon 2025 is set to take Cyprus by storm this year, returning for its third edition, at the spectacular City of Dreams Mediterranean in Limassol. Scheduled to take place ...

President Tayyip Erdogan said that Turkey is not expecting a negative situation for its trade, production and exports as a result of US President Donald Trump’s tariffs, which went ...

Finance Minister Makis Keravnos, will travel to Warsaw on Thursday, April 10, in order to participate in the Eurogroup meeting and the informal Economic and Financial Affairs Council (Ecofin), which will ...

While Bitcoin wavers under mounting pressure from economic headwinds, a different kind of opportunity is quietly gaining traction. Mutuum Finance (MUTM), a rising DeFi protocol, is turning heads with its ...

Eurogate Container Terminal Limassol has successfully completed the expansion and upgrade of the yard at the container terminal in the port of Limassol, increasing the facility’s total capacity to ...

Cyprus recorded a trade deficit of €1.24 billion during the first two months of 2025, marking an increase of €102.7 million compared to the same period in 2024, according to the state statistical service. ...

Six in ten young people in Cyprus see finding a job as their biggest challenge, while a quarter are worried about the country’s future and one in five say ...