Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Cyprus has emerged as a key growth market for major Greek IT groups, which are steadily expanding their presence on the island while boosting their international reach across Europe.
From ...
Property transactions on the island climbed 15 per cent in the first half of 2025, but the booming market is leaving students and families facing steep rents ahead of the academic year.
“...
The need for a rational regulatory framework for short-term rentals was the central focus of a recent meeting between the Cyprus Property Developers Association and Kyriacos Hadjiyiannis, chairperson of the ...
1. Cryptosolo — The New Benchmark for AI-Powered Cloud Mining
Since President Trump publicly announced his full support for digital currencies, Cryptosolo has rapidly emerged as an industry leader thanks to its ...
OpenAI has included Alphabet’s (GOOGL.O) Google Cloud among its suppliers to meet escalating demands for computing capacity, according to an updated list published on the ChatGPT maker’s ...
The Cyprus Securities and Exchange Commission (CySEC) has confirmed that the Administrative Court has annulled its decision to impose major fines on Ioannis and Amalia Vardinoyiannis, following a long-running legal ...
Tourism in Cyprus continued to strengthen in June 2025, with tourist arrivals rising 3.4 per cent year-on-year to reach 498,527, compared to 482,261 in June 2024, according to the state statistical service.
For the first ...
Volvo Cars reported a sharp decline in second-quarter operating profit on Thursday that nonetheless exceeded analyst expectations, sending shares up, though the company continues to face headwinds from tariffs and ...
The European Central Bank (ECB) this week launched a public contest for the design of future euro banknotes, marking the next step in the euro banknote redesign process.
According to ...
Mutuum Finance (MUTM) is making headlines as its presale surges through Phase 5, with tokens priced at just $0.03. The project has already raised $12,500,000, sold over 615 million tokens, and attracted 13,500 holders.
Investors ...
The crypto market is buzzing with potential, and the race to find the next crypto to hit $1 is heating up. Sei (SEI) is climbing charts with a 105% monthly surge, boasting ...
The EU commissioner for energy has dubbed the Great Sea Interconnector (GSI) a project of “the utmost strategic significance” for Europe, according to media reports on Thursday.
In an interview ...
British pay growth slowed in May and employee numbers dropped further last month, but the cooling in the labour market which had alarmed some policymakers appeared less acute than previous ...
Dogecoin (DOGE) is climbing, posting a 2.74% gain in 24 hours, hitting $0.2062. Trading volume soared 107.09% to $2.53 billion, signaling renewed interest in the meme coin.
Yet, its future hinges on breaking key resistance ...
Ethereum has been the breeding ground for countless meme tokens, from the explosive rise of Shiba Inu to the viral madness of Pepe Coin. One trusted crypto trader claims that ...
Oil prices edged up on Thursday on signs of easing trade tensions, stronger than expected economic data from the world’s top oil consumers and renewed risks in the Middle ...
The Paphos regional tourism board (Etap) on Thursday announced a change in leadership, with Michalis Mitas appointed as its new president.
Mitas takes over following the conclusion of previous president ...
The National Bank of Greece (Cyprus) on Thursday announced that it has introduced a new fixed-term deposit that combines stable returns with simple and transparent terms.
“In a time of ...
Cyprus recorded one of the smallest declines in energy use across the EU services sector in 2023, as the bloc’s overall consumption fell by 1.9 per cent compared with the previous ...
Cyprus’ Harmonised Index of Consumer Prices (HICP) rose by 0.5 per cent year-on-year in June 2025, according to figures published by the statistical service on Thursday.
When compared with the previous month, ...
Tourism in Cyprus continued to strengthen in June 2025, with tourist arrivals rising 3.4 per cent year-on-year to reach 498,527, compared to 482,261 in June 2024, according to the state statistical service.
For the first ...
Cyprus’ property market remained resilient in the first half of 2025, with sales documents rising 16 per cent year-on-year and the total value of property transfers approaching €2.3 billion.
Paphos continued its upward ...
The cost of transitioning to a net-zero emissions economy in Cyprus depends heavily on the chosen policy mix, particularly regarding how carbon tax revenues are used, according to research conducted ...
Logicom Public Ltd has confirmed that the company has posted its approved dividend to shareholders.
In an official filing to the regulated market, Logicom stated, “we would like to announce ...