Business

The total supply and use in Cyprus for 2021 balanced at €77.76 billion at purchaser prices, according to the statistical service. The report, which covers the country’s supply, use, and input-output ...

The environment department has given approval for a €55 million project to convert an existing tourist apartment complex into a 480-bed, 4-star hotel in Polis Chrysochous, it emerged on Wednesday. In ...

The Cyprus Statistical Service (Cystat) has launched a new online tool aimed at modernising public sector operations as part of its digital transformation efforts. The platform allows companies registered in ...

Heineken’s (HEIN.AS) shares surged 12 per cent on Wednesday as the Dutch brewer predicted more growth next year after producing forecast-beating profits in 2024, and said it would launch a 1.5 ...

World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to bolster Bitcoin, Ethereum ...

While Bitcoin (BTC) grabs focus because of its anticipated rise to $125,000, altcoins that have been steadily gaining attention offer some of the most significant untapped opportunities. Rexas Finance (RXS), PEPE, ...

The cryptocurrency market’s rapid evolution has transformed trading through advanced algorithmic technologies. In 2023, automated trading systems executed over 70% of global crypto transactions, demonstrating unprecedented market efficiency. Advanced computational strategies ...

The first phase of the rapid-fire effort by Tesla CEO Elon Musk and President Donald Trump to cut waste from government agencies appears driven more by an ideological assault on ...

Applicants for land through a state programme intended for low-income families were found to have relatives with immovable assets which should have been taken into consideration and the application dismissed, ...

One Plus Capital (OPC) recently hosted the Investment Edge 2025 conference in Cyprus, focusing on strategic investment management and macroeconomic analysis to bolster decision-making and promote flexibility in an ever-evolving market. ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday released a statement outlining its supervisory priorities for 2025. According to the announcement, the commission is focused on adapting to emerging regulatory ...

The Central Bank of Cyprus (CBC) on Wednesday published the latest figures on deposit and loan interest rates for households and businesses in December 2024. The data reveal fluctuations across financial ...

The European Investment Bank group’s (EIB) latest investment survey reports that 81 per cent of Cypriot companies are engaged in global trade, significantly outperforming the EU average of 63 per cent. ...

The environment department has given approval for a €55 million project to convert an existing tourist apartment complex into a 480-bed, 4-star hotel in Polis Chrysochous, it emerged on Wednesday. In ...

The FIBA EuroBasket 2025 Organising Committee and Bank of Cyprus are joining forces and will move forward together on the road to the European Basketball Championship, the biggest sporting event ever ...

President Donald Trump is likely to dust off a 1930 trade law largely forgotten for decades to back his new reciprocal US tariffs that will match other countries’ higher import taxes, ...

Entrepreneurs from both sides of Cyprus have been given more time to apply for the Stelios Bicommunal Business Cooperation Awards 2025, as the deadline has been extended to March 11. The awards, ...

Project Management Offices (PMOs) are evolving to meet the demands of a rapidly changing business environment, according to Stavros Christoforou, senior manager at PwC Cyprus’ advisory services. Christoforou explained that ...

The European Commission has issued a positive preliminary assessment for Cyprus’ request to receive €76.9 million under the NextGenerationEU programme, which aims to drive Europe’s recovery towards a greener, more ...

The Cyprus Borrowers Association (Syprodat) reported this week that it has observed a significant increase in activity among nearly all banks focusing on up-to-date borrowers. As a reaction, the association ...

Cyprus’ government employment increased by 461 people in January 2025, a rise of 0.8 per cent, compared to January 2024, reaching a total of 55,107 employees. This growth was primarily driven by an increase in ...

Eurobank announced on Tuesday that it has completed the acquisition of an additional 37.5 per cent stake in Hellenic Bank, bringing its total shareholding to 93.47 per cent. The bank has also ...

Turkey and Turkmenistan have signed an agreement to facilitate the flow of Turkmen natural gas to Turkey, marking a significant step in energy cooperation between the two nations, Turkish Energy ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the ...