Business

Cyprus launched the International Maritime Tourism Festival 2025 this weekend at Ayia Napa Marina, with President Nikos Christodoulides pledging to make the island a leading maritime tourism hub in the Eastern ...

Passenger traffic at Larnaca and Paphos airports surpassed 10 million in the first nine months of 2025, marking a new record for Cyprus’ aviation sector.  According to new data from Hermes Airports, ...

Boundary disputes over immovable property are a common phenomenon in Cyprus, as land is a valuable asset with deep social and economic significance. These cases are not confined to private ...

The capital divide The economic history of Cyprus is a tale of resilience, often defined by its agile recovery from external shocks and its strategic location. Yet, the demands of ...

The global rush by chipmakers to produce AI chips is tightening supply of less glamorous chips used in smartphones, computers and servers, spurring panic buying by some customers and a ...

B2B technology marketers are facing increased scrutiny on return on investment (ROI) alongside tighter budgets and elevated expectations as they plan for 2026, according to new research from market intelligence ...

An EU-funded study showcases innovation that is affordable, sustainable and effective, and may lead to a more resilient and competitive Europe. By Kaja Šeruga At this year’s International Architecture ...

India’s government has proposed that artificial intelligence and social media firms should clearly label AI-generated content to tackle the spread of deepfake and misinformation, prompted by similar moves by ...

Britain’s markets regulator has filed a lawsuit against HTX, a global crypto exchange, accusing it of unlawfully promoting crypto asset services to UK consumers. The Financial Conduct Authority said ...

reum has completed its Wyckoff re-accumulation phase, entering expansion territory amid BlackRock’s $110 million ETF purchase. Analysts have projected a rally toward $8,400 as Phase E unfolds, following months of sideways ...

From calorie counting glasses to healthy-eating video games for children, EU-funded researchers are developing new approaches in support of healthy lifestyles and eating habits. By Michaela Nesvarova One of the ...

Here are the top business stories in Cyprus from the week starting October 20: The International Chamber of Shipping (ICS) expressed disappointment following the conclusion of the International Maritime Organisation’s (...

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has detailed the key risk drivers currently facing EU financial markets as geopolitical events continue ...

US banks’ loans to private credit providers have surged to nearly $300 billion, Moody’s said in a report released this week, and the ratings agency warned that smaller lenders could ...

Meta (META.O) is cutting roughly 600 positions out of the several thousand roles within its Superintelligence Labs artificial intelligence unit, Axios reported this week. The cuts will affect the company’...

Cardano (ADA) has dipped sharply by 12% this week. ADA breached the $0.66 support amid broader crypto market pressures. Bitcoin’s slide toward $104,000 has softened altcoin liquidity. This has pushed ADA into ...

The 16th Limassol Economic Forum convened prominent figures to dissect how global disruption is reshaping economies and trade, stressing that resilience, reform, and leadership are crucial for Cyprus and Europe. ...

The European Banking Authority (EBA) recently published its annual report on convergence of supervisory practices for 2024 across the European Union. The report details the EBA’s extensive efforts to strengthen ...

Interest in maritime studies has been steadily growing in Cyprus, mirroring the island’s long-standing relationship with the sea and the strength of its shipping industry.   At the Cyprus University ...

Crypto heavyweight Coinbase (COIN.O) said this week it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to bring fundraising tools to its platform. Dealmaking within ...

Goldman Sachs (GS.N) is setting up a private wealth management team in Saudi Arabia, it said this week, as it boosts its offer in the Middle East to serve ...

Bitcoin’s latest rebound has once again set the tone for the broader crypto market. Each BTC recovery wave usually boosts confidence across decentralized finance, drawing both retail and institutional ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it imposed administrative fines on two companies, WRDNB Ltd and Lydya Financial Ltd, for failing to submit a required ...

AmCham Cyprus on Friday announced its newly elected board of directors and president, following its annual general meeting held on September 18, and a subsequent board of directors meeting on October 16. ...