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.
Oil prices fell more than 1 per cent on Monday as fears of a Middle East conflict eased after the US and Iran pledged to continue indirect talks about Tehran’s ...
Shipping Deputy Minister Marina Hadjimanolis carried out a working visit to Athens and Alexandria between February 4 and 9, as part of broader efforts to bolster the island’s maritime diplomacy in ...
The landscape of bilateral trade has shifted as Cyprus and India move toward a more structured era of economic cooperation, following a high-profile summit in Mumbai that engaged over 450 industry ...
Cyprus’ cooperation between government and business was cited by BusinessEurope as supporting the country’s economic performance, according to Employers and Industrialists Federation (Oev) president George Pantelides.
Pantelides, who serves ...
Beer deliveries in Cyprus increased at the start of 2026, according to figures released by the state statistical service (Cystat).
Total deliveries reached 1,881,310 litres in January 2026, marking a 3.1 per cent increase ...
Cyprus-based Columbia Group appointed Christina Orfanidou as Head of AI, as the company moves to embed responsible, people-centric artificial intelligence across its maritime operations.
According to the statement, she will ...
Investors polled by the Bank of England expect the central bank to steadily cut its main Bank Rate to a low of 3 per cent by its March 2027 meeting, down from 3.75 ...
Specific performance is one of the most powerful and intrusive remedies of equity, as it goes beyond monetary compensation and compels the actual fulfilment of a contractual obligation.
Its significance ...
Global technology and data stocks slid again on Friday, as a rout showed no signs of abating on worries over the impact of powerful new AI models on their business ...
Cyprus-based digital businesses face rising exposure to DDoS attacks, according to a new cybersecurity report by Qrator Labs.
The report highlighted the fact that fintech, e-commerce, IT and media emerged ...
YouTube reached a total of 29 billion videos as of December 30, 2025, following a massive surge in content driven by Shorts, artificial intelligence, and significant expansion in the Indian market, according to ...
As the global memory chip shortage hits the smartphone market, a key question is echoing from Silicon Valley to Shenzhen: Will Apple raise prices, or sacrifice profit to gain new ...
The IT distribution channel saw sales increase by 6 per cent year over year to reach 24.3 billion dollars in the fourth quarter of December 31, 2025, representing the strongest quarter on record for ...
Reddit forecast first-quarter revenue above analysts’ estimates on Thursday, as artificial intelligence-powered enhancements to its ad platform help the social media platform draw more marketers.
Shares of the company rose 4% ...
Meme coins like Dogecoin (DOGE) thrive on attention cycles, but history shows that lasting wealth in crypto is usually built on utility, not jokes. As the market matures in 2026, capital ...
The Digital Cooperation Organisation concluded its fifth General Assembly in Kuwait this week, with member states adopting the Kuwait Declaration on Responsible AI for Global Digital Prosperity and agreeing on ...
Bees navigate their surroundings with astonishing precision. Their brains are now inspiring the design of tiny, low-power chips that could one day guide miniature robots and sensors.
By Tom Cassauwers
...
Here are the top business stories in Cyprus from the week starting February 2:
There is an urgent need for immediate strengthening of human resources and international promotion of Cyprus as ...
Hims & Hers sent a shockwave through the pharmaceutical industry on Thursday with its announcement of a weight-loss pill with a $49-a-month introductory price. Its shares ended down anyway.
That ...
Roblox forecast fiscal 2026 bookings above Wall Street expectations on Thursday, signaling another year of strong growth in player spending and engagement as the videogame platform aggressively looks to capture 10% of ...
British house prices rose by the most in more than a year in January, mortgage lender Halifax said on Friday, adding to signs of a recovery in the housing market ...
Amazon on Thursday projected a surge of more than 50 per cent in capital expenditures this year, joining its peers in a spending spree to build out artificial-intelligence infrastructure, and sending ...
As the crypto market positions itself for the next major expansion, investors are looking beyond single narratives and toward assets with diverse growth drivers. Shiba Inu (SHIB) and Solana (SOL) ...
The relationship between wage levels in the broader public sector and economic growth is of particular interest. Academic literature confirms the view that comparatively low wages increase the risk of ...