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.
The European Union’s total trade with the Indo-Pacific region amounted to €848.0 billion in 2024, a period marked by a slight decrease in imports and a continuing trade deficit, according to ...
Display glass revenue reached a record high of JPY 270 billion in the third quarter of 2025, according to market intelligence firm Omdia.
Display glass is a specialised, ultra-thin and durable glass ...
Rail travel across the European Union reached a record high in 2024, though rail freight transport saw a slight decrease, according to Eurostat.
Specifically, a total of 443 billion passenger-kilometres (pkm) were ...
The crypto market is changing fast. Investors now prefer projects that have real use, clear utility, and working products. Mutuum Finance (MUTM) has quickly become one of the most talked-about ...
Discussions during Friday’s ‘3+1’ meeting of the energy ministers of Cyprus, Greece, Israel, and the United States “concerned the United States’ interest in zero supply of Russian gas to Europe”, ...
Alpha Bank on Monday announced that it has completed the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd.
This has resulted in the creation of Cyprus’ ...
Global air passenger demand rose by 3.6 per cent in September 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA).
Total capacity, ...
The EU’s net foreign direct investment (FDI) position, in relation to the rest of the world, increased by 16.5 per cent in 2024 compared with 2023, according to Eurostat.
This increase was ...
European Union agricultural output value dropped by 0.9 per cent in 2024, continuing a slight downward trend for the second consecutive year, according to Eurostat.
The total value of EU agricultural output ...
Commentators have given the thumbs-down to the coming changes to the tax regime – not so much for any major errors in it, but because it falls short of the government ...
The crypto market is shifting, and investors who once favored large-cap plays like Ripple (XRP) are now looking for higher-growth opportunities with far greater upside. While XRP continues to lag ...
The energy sector is a “key pillar” of Cyprus’ foreign policy, President Nikos Christodoulides said on Saturday.
He was speaking on the sidelines of a conference and made reference to ...
Chevron-Hellenic Energy Consortium’s selection: A geopolitical analysis for Greece and the Eastern Mediterranean
In a very important development, the Chevron-Hellenic Energy consortium has been selected as the preferred investor ...
Cyprus is expected to see a significant increase in winter holiday programmes from major British tour operators, according to Deputy Minister of Tourism Costas Koumis, who spoke after the conclusion ...
Greece has once again reaffirmed its dominance in world shipping, with more than 650 vessels currently under construction across all major fleet segments, according to the latest report by Xclusiv Shipbrokers (...
By Maria Demertzis
The Dutch government’s move at Nexperia is a bold act to protect critical chip capacity in Europe. The Netherlands-based Chinese semiconductor manufacturer produces one-quarter of the ...
The Saudi Film Commission (SFC), a sector-specific commission of the Saudi Ministry of Culture, today unveiled a new state-of-the-art virtual production soundstage at JAX Film Studios, the Kingdom’s latest ...
The Central Bank of Cyprus (CBC) has published its latest bulletin titled “Cyprus Interest Rates in a European Context: Analysis and Comparison”, offering a comprehensive examination of Cypriot lending and ...
The six bills that make up the government’s tax reform were presented to MPs at the House finance committee on Friday, with Finance Minister Makis Keravnos describing the package ...
Breaking news is shaking the crypto market as investors rush toward one of the fastest-selling presales of 2025 — Mutuum Finance (MUTM). Nearly 90% of its current presale phase is already sold, and ...
Services production in the euro area saw a slight increase in August 2025, while the European Union registered a decline, according to seasonally adjusted figures released on Friday by Eurostat.
Monthly ...
Total expenditure on social protection benefits in the EU reached €4.92 trillion according to early estimates for 2024 released on Friday by Eurostat.
This marks a 6.9 per cent increase compared with the ...
Running a restaurant has never been more challenging. With staff shortages, rising labor costs, and increasing customer expectations, many restaurant owners are looking for ways to work more efficiently. One ...
The government of the Republic of Kazakhstan, OpenAI, Inc., and Freedom Holding Corp. (NASDAQ: FRHC), the parent company of Freedom24, have signed a strategic agreement to expand the country’s ...