Business

The most serious issue facing Paphos tourism is its seasonality, head of the Paphos Regional Tourism Board (Etap) Nasos Hadjigeorgiou said on Sunday, adding that there is no holistic approach ...

As the cryptocurrency market gears up for another potential bull run, investors are turning their attention toward early-stage projects that combine strong fundamentals with working products. One such project making ...

EU-funded researchers are developing a new generation of ocean sensors able to monitor previously hard-to-reach areas, promising clearer insight into how marine ecosystems are responding to climate change. By Michael ...

There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as a tourist destination, according to Cyprus Hoteliers Association (Pasyxe) president Thanos Michaelides. These ...

Cyprus recorded the highest level of non-performing loans in the European Union in 2024, highlighting a key vulnerability in public sector balance sheets, according to Eurostat. The data published by Eurostat ...

Here are the top business stories in Cyprus from the week starting January 26: The Cyprus Film Commission organised a three-day roadshow in London last week, targeting professionals from the United ...

Cyprus-based maritime technology company SmartSea, headquartered in Limassol, has strengthened its senior management team with the appointment of Nakis Kassos as Head of Commercial. Based in Limassol, Kassos is a ...

The European Securities and Markets Authority (ESMA) and the Reserve Bank of India (RBI) have formalised a new cooperation agreement, aiming to facilitate information exchange and the recognition of central ...

As the crypto market gears up for the anticipated 2026 bull cycle, investors are weighing legacy Layer 1 networks against emerging DeFi innovations. Solana (SOL), one of the largest blockchain ecosystems, continues ...

Cyprus’ state debt to public funds has reached €12.8 billion at the start of this year, up from €11.3 billion at the beginning of last year, the ministry of labour reported to ...

Nuclear power generation across the European Union experienced a significant rebound during 2024 as twelve member states produced a combined 649,524 gigawatt hours of electricity, according Eurostat. This output represents an increase ...

Freedom24 this week hosted a fireside chat at their Limassol offices featuring Daniil Liberman alongside Freedom Holding CEO Timur Turlov, bringing global debates around artificial intelligence, computing power and decentralisation ...

The Economic Sentiment Indicator in Cyprus fell by 0.2 points during January, reflecting weaker business confidence in several sectors, according to an Economic Tendency Survey compiled and published by the Economics ...

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

Forecasts published last week show that by 2030 the EU could be reliant on the US for 80 per cent of its LNG imports (Figure 1). That could mean about 40 per cent of ...

The European Union recorded €2.2 billion in exports of spacecraft and space transport services in 2023, while imports from outside the bloc reached €628 million, according to the latest FIGARO international trade data. ...

Retailers are forecast to control 47 per cent of the North American TV operating system market by 2029, a significant rise from 27 per cent in 2025, according to the latest research by market ...

George Malekkos has taken over the presidency of the Cyprus Information Technology Enterprises Association (CITEA), setting out priorities centred on member value, artificial intelligence and closer cooperation with the state ...

The crypto market continues to shift toward projects that combine real utility with strong fundamentals, and Mutuum Finance (MUTM) is quickly becoming one of the most talked-about names in that ...

Cyprus household financial assets rose to €63 billion at the end of September 2025, with more than half held in liquid and loan-related instruments, according the Central Bank of Cyprus (CBC). According ...

The Central Bank of Cyprus (CBC) on Friday reported that Cyprus’ GDP growth rate is expected to decelerate to 3.5 per cent in 2025, compared with 3.9 per cent in 2024, while remaining robust ...

Cyprus’ seasonally adjusted unemployment rate fell to 4.3 per cent in December 2025, according to Eurostat, highlighting improved labour market conditions compared with a year earlier. The statistical office of the European ...

Eurostat has reported steady economic growth across the European Union over the fourth quarter of 2025, a trend which Cyprus is expected to mirror, and potentially outperform, over the coming years. ...

Cyprus’ national minimum wage has reached €1,088 per month, placing the country among mid-range earners in the European Union, according to Eurostat. The figures showed that 22 out of 27 EU countries had ...