Business

Alpha Bank Cyprus on Wednesday announced the appointment of George Shiammoudis as its new chief risk officer. “With over 20 years of experience across banking and financial advisory, Shiammoudis brings a ...

Consumers across Europe are increasingly willing to switch to alternative online payment methods in exchange for faster, more convenient and secure checkout experiences, according to new research published by payabl., ...

The Ministry of Energy, Commerce and Industry on Wednesday announced a new call for proposals under the business digital upgrade scheme, part of the national programme Thaleia 2021–2027. The scheme, aimed ...

By Nicolas Treppides, Founder and CEO of Moneygate The era of digital money is not just approaching – it is already here. And Cyprus finds itself in a unique position: with ...

Artificial intelligence could increase global gross domestic product by up to 15 per cent by 2035, according to new research shared this week by PwC Cyprus. The report, titled Value in Motion, ...

Banks in Cyprus recorded a net decrease of €66.3 million in deposits and a significant increase of €429.9 million in loans during March 2025, according to a report by the Central Bank of ...

Cyprus’ industrial production recorded a steady rise of 4.3 per cent in the first two months of 2025 compared with the same period in the previous year, according to a report from ...

Nearly 40 per cent of Cypriots see opportunities to start a business, a new national report by the University of Cyprus has found. The 2023–2024 Entrepreneurship Report also revealed that 60.5 per cent ...

Turkey’s monthly inflation rate is expected to climb to 3.1 per cent in April, driven by energy prices and lira depreciation following the imprisonment of President Tayyip Erdogan’s main ...

How energy communities are an integral part of the renewable storage solution By Natasa Ioannou Cyprus is experiencing a critical juncture in its transition to renewable energy. While renewable energy ...

The cryptocurrency market experiences high enthusiasm about Mutuum Finance (MUTM) as its ongoing presale brings in $7.3 million and reaches 425 million token sales with 9,200 holders. The project stands at phase 4 of $0.025 ...

As the crypto market anticipates a bullish surge in 2025, Mutuum Finance (MUTM) is capturing investor attention with projections suggesting a meteoric rise from its current price of $0.025 to $2.50, representing a ...

Plans to link Cyprus and Lebanon with a passenger ferry service, were confirmed on Tuesday by Transport Minister Alexis Vafeades. Speaking to the Cyprus Mail, he said a group of ...

As the cryptocurrency market anticipates a potential bull run in Q2 2025, Mutuum Finance (MUTM) is emerging as a noteworthy performer in the decentralized finance (DeFi) sector. Currently in Phase 4 of ...

Nearly 40 per cent of Cypriots see opportunities to start a business, a new national report by the University of Cyprus has found. The 2023–2024 Entrepreneurship Report also revealed that 60.5 per cent ...

The Deputy Ministry of Tourism reminded property owners that anyone operating short-term rentals without a registration permit is committing an offence and, if convicted, faces a fine of up to €5,000 ...

Tourism revenues in Cyprus reached €79.7 million in February 2025, marking an increase of 22.4 per cent compared with the same month last year (€65.1 million), according to an announcement issued by the statistical ...

The board of directors of the Bank of Cyprus is set to be expanded with new members, pending shareholder approval. A total of 14 resolutions are to be voted on at ...

A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi UFJ sold the final piece of debt tied to billionaire Elon Musk’s $44 billion buyout of social ...

Salamis Tours (Holdings) Public Ltd on Tuesday posted a robust financial performance for 2024, marked by double-digit revenue and profit growth across its business units, while also undergoing a major change ...

Cyprus is playing a central role in shaping Europe’s future tax landscape, with MEP Michalis Hadjipantela being appointed rapporteur of a key European Parliament report aimed at simplifying tax ...

London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore. Beyond the rising numbers of people locked out of homeownership and the growing ...

Foreign investors have officially notified Cypriot authorities this week of plans to establish a new coastal ferry link between Cyprus and Lebanon, according to the announcement. The proposal, confirmed by ...

The US aviation industry, reeling from President Donald Trump’s trade war and a slump in travel demand, is lobbying the White House for exemptions from tariffs. Industry officials have ...