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.
By Razmik Sargsyan
Most people get it wrong about debt. In my age group, at least, people can be divided into two distinct groups. Those who are extremely cautious about ...
Venture capital firm Kinisis Ventures this week announced that portfolio company Threedium has been selected as one of just 10 companies worldwide to present on the main stage at NVIDIA GTC 2026.
...
Retail trade turnover in Cyprus increased in both value and volume terms during January of this year, according to figures released by the Cyprus Statistical Service (Cystat).
The service reported ...
The global shipping industry has moved swiftly to shield fleets and crews as tensions between the United States, Israel and Iran spill into key maritime corridors, prompting warnings from governments, ...
Activity in Britain’s manufacturing sector rose last month and export orders increased by the most in four-and-a-half years, according to a survey that showed steady growth momentum at the ...
Italy’s manufacturing sector expanded in February after two months of contraction, a survey showed on this week, offering some hope of a near-term economic pick-up.
The Italian HCOB Manufacturing ...
France’s manufacturing sector expanded in February, slightly beating initial estimates, helped by solid demand in the cars and aerospace sectors, S&P Global reported this week.
The HCOB ...
After a period of relative stability, the global crypto market cap experienced a sharp contraction, leaving many investors asking why their screens have turned red. While price drops often spark ...
Microdramas generated an estimated $11 billion in global revenue and overtook major streaming platforms in daily mobile viewing time in the United States during 2025, according to a report from market analysis ...
There are moments in a city’s evolution when a development does more than introduce new residences, it reshapes the way people experience urban living. Pafilia Plaza is one such ...
The European smartphone market declined by 1 per cent to 134.2 million units in 2025, according to the latest research released by market analysts Omdia.
This marked the end of what the firm ...
Cyprus’ tourism revenues climbed to a record €3.69 billion in 2025, marking a 15.2 per cent annual increase, according to the state statistical service (Cystat), as the sector extended its strong post-pandemic recovery.
...
Cyprus’ gross domestic product (GDP) rose by 3.8 per cent in real terms in 2025, according to preliminary estimates by the Cyprus Statistical Service (Cystat).
The statistical service said the economy recorded ...
Cyprus launched its anti-fraud agenda under the EU Council Presidency, hosting the first meeting of the Working Party on Combating Fraud in Brussels and welcoming the new director-general of the ...
The Cyprus Chamber of Commerce and Industry (Keve) on Monday said it is closely monitoring developments in the Middle East and pledged coordinated support for Cypriot businesses amid mounting geopolitical ...
The Cyprus Securities and Exchange Commission (CySEC) published its first comprehensive annual review on Monday, detailing a decade of corporate social responsibility and a strategic pivot towards environmental, social, and ...
Fuel prices are expected to rise “visibly” in the next 10 days, petrol station owners’ association chairman Savvas Prokopiou said on Monday, with a widening conflict now engulfing the region.
He ...
The possible closure of the Strait of Hormuz is expected to disrupt supply chains and commercial activity, with knock-on effects on prices, the secretary general of the Cyprus Chamber of ...
Iran’s retaliatory strikes across the Gulf have triggered the most widespread business disruption in the region since the COVID-19 pandemic, forcing airport closures, halting port operations and sending shockwaves ...
Travel shares fell sharply on Monday as escalating conflict between the US, Israel and Iran disrupted flights around the globe, forced the closure of key Middle Eastern hubs and sent ...
The global shipping industry has moved swiftly to shield fleets and crews as tensions between the United States, Israel and Iran spill into key maritime corridors, prompting warnings from governments, ...
Cyprus secured a position as a digital leader following the release of the European Union’s 2025 open data maturity assessment.
According to the report, Cyprus achieved an overall maturity score ...
The Enterprise Europe Network Cyprus informed stakeholders of a European Commission public consultation on the proposed Construction Services Act, a flagship initiative under the Single Market Strategy.
The network, whose ...
The European Union recorded a 1.9 per cent decrease in gross fixed capital formation during 2024 compared with the previous year, according to figures released by Eurostat.
This figure serves as a ...