Business

Cyprus is losing millions in unpaid taxes after thousands of cases fell outside the legal deadline for assessment, the audit service has warned. In its latest report on the tax ...

The Republic of Cyprus is providing electricity to the north on Monday, as the north’s energy woes continue into a fourth day following an explosion at a substation on ...

VAT revenues from the EU’s e-commerce systems brought €257.9 million into Cyprus’ coffers in 2024, according to tax commissioner Sotiris Markides. Through the One Stop Shop (OSS) and Import One Stop ...

The Bank of Cyprus is doubling down on its innovation drive this October, launching its sixth fintech hackathon while also joining TechIsland’s donor network to help strengthen the island’...

When the state intends to pay a physical or legal person for a specific reason, such as fees, compensation for services rendered, or a grant, it examines whether the recipient ...

With quantum computing on the horizon, cryptographers are working to secure digital communications against a new generation of potential threats. By Anthony King How do you outsmart a computer that ...

The International Maritime Organisation’s (IMO) Maritime Safety Committee (MSC) has called for a comprehensive overhaul of the International Safety Management (ISM) Code, warning that the rules no longer reflect ...

Rental prices in Cyprus have not increased significantly, as the market has successfully managed to balance rising demand, particularly from students, with the addition of new housing units, according to ...

The Xbox platform is facing mounting criticism from developers, former industry leaders, and insiders, who cite mounting concerns about Microsoft’s current strategy, communication practices, and the long-term sustainability of ...

Cybersecurity concerns are intensifying in Cyprus as global Distributed Denial of Service (DDoS) attacks rise sharply, placing pressure on national infrastructure and prompting renewed investment in digital defences. A new ...

The Cyprus Chamber of Commerce and Industry (Keve), in its role as coordinator of the Enterprise Europe Network Cyprus, will host a women’s business delegation from Lithuania on September 24, 2025. ...

The United States Securities and Exchange Commission and Ripple Labs have formally dismissed their respective appeals. Thus, conclusively ending nearly five years of intense litigation. This pivotal development resolves the ...

As altcoin season gains momentum, two tokens are capturing investor attention for their promising 10x growth potential in the coming months: Mutuum Finance (MUTM) and the popular memecoin SHIB. While ...

Parataxis Holdings is establishing a major $640 million Bitcoin treasury, targeting US and Korean investors following its public listing.  Simultaneously, former President Donald Trump has signed an executive order unlocking the ...

The Cyprus Institute of Neurology and Genetics (CING) has officially joined the European research project PoCCardio, a major initiative focused on improving the prediction and prevention of myocardial infarctions. The ...

Tesla (TSLA.O) for years had more repeat US customers than any other major automotive brand but its loyalty has plunged since CEO Elon Musk endorsed President Donald Trump last ...

Here are the top business stories in Cyprus from the week starting August 4: Cyprus recorded the lowest annual inflation rate among eurozone countries in July 2025, with consumer prices rising by ...

European governments are taking steps to break their dependence on critical scientific data the United States historically made freely available to the world, and are ramping up their own data ...

Activity in Britain’s construction sector fell by the most in more than five years last month, according to a survey that raises questions about whether the government will achieve ...

Market analysts are pinpointing the next crypto to hit $1 while Stellar (XLM) shows technical promise. Stellar (XLM) is presently consolidating near $0.40 after its significant July surge.  Traders observe a developing ...

PEPE coin is showing signs of recovery after testing crucial support levels. Consequently, technical indicators are hinting at a potential 120% price surge.  Simultaneously, Mutuum Finance (MUTM) is capturing significant investor ...

SharpLink Gaming has secured $200 million through a registered direct offering, explicitly aiming to expand its corporate Ethereum (ETH) treasury beyond $2 billion.  This strategic move, priced at $19.50 per share and involving ...

XRP has recently been gaining popularity in the global market, gradually evolving from a payment token into a digital asset with long-term value. However, most holders still lack a way ...

Strategy has revealed that its profits reached $10 billion in the second quarter of 2025, a new record high. A key driver of this growth was a significant increase in Bitcoin (BTC) ...