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 allure of overnight riches from lottery wins continues to captivate many in Cyprus, yet the true odds of such success are almost impossibly slim, according to the CFA Society ...
Artificial intelligence is rapidly transforming the global cyber threat landscape, with Cyprus now facing mounting risks from AI-powered DDoS attacks, according to cybersecurity company Qrator Labs’ latest quarterly report.
The ...
The electricity market is experiencing its most significant transformation in decades, according to Andreas Poullikkas, an expert in energy systems and former chairman of the Cyprus Energy Regulatory Authority (CERA).
“...
The Cyprus Computer Society (CCS), in collaboration with the Education Ministry, this week hosted the Junior Balkan Olympiad in Informatics (jBOI) 2025 at the Tassos Mitsopoulos Lyceum in Aradippou.
The jBOI 2025, ...
Revenue from tourism in Cyprus reached €581.8 million in August 2025, according to figures released by the Cyprus Statistical Service of Cyprus (Cystat) on Thursday.
This marks a 13.8 per cent increase when ...
The Nicosia regional tourism board (Etap) recently participated in the kick-off meeting for the European project “Hands Across Generations – Preserving Intangible Heritage through Intergenerational Craft Exchange”, which focuses on transferring ...
Anti-Money Laundering Authority (AMLA) chair Bruna Szego, visited Cyprus on Thursday, as part of her tour across European Union member states to enhance coordination between AMLA and National Competent Authorities (...
Cyprus’ Industrial Production Index reached 91.1 units in August 2025, using 2021 as the base year set at 100 units, according to the Statistical Service (Cystat).
This represented an increase of 0.8 per cent compared ...
The House on Thursday passed a law aiming to tighten up screening of Foreign Direct Investment (FDI) where such investments are deemed to possibly impact national security.
The controls will ...
Cardano has faltered amid broader market tremors. ADA has shed nearly 20% from recent peaks before clawing back to the $0.65 mark. Whales scooped up almost $90 million in net buys during the ...
The European Central Bank kept interest rates unchanged at 2 per cent for the third meeting in a row on Thursday and offered no hints about future moves as it enjoys ...
Telecommunications provider Cyta on Thursday announced the successful landing of the BlueMed submarine cable at its Yeroskipos landing station.
This marks “another decisive step in strengthening the country’s international ...
“It’s all about the spark in their eyes”: Oleg Khusaenov, founder of investment firm Zubr Capital, on youth, business, and the Cypriot ecosystem
Zubr Capital recently held its “Zubr ...
Visitor rates at leisure centres across Cyprus surpassed 80 per cent in September and October, marking a strong start to the autumn season, according to the association of hospitality sector owners (...
Cyprus’ land market continued to gain ground in the first half of 2025, with total transactions exceeding €360 million, confirming its position as one of the strongest segments of the island’s ...
Cyprus’ unemployment rate eased to 4.9 per cent in September 2025, down from 5.1 per cent in August, with around 26,000 people registered as jobless, according to Eurostat.
The figure remains well below the ...
In 2025, as the cryptocurrency ecosystem continues to mature, the crypto market has finally moved beyond the wild “buy-and-sell gambling” era.
More and more investors are realizing one thing: the future ...
The Troodos tourism development and promotion company on Thursday launched the Troodos Geopark Partner programme.
This new initiative aims to promote the region’s tourism product and cultural heritage by ...
More than 200 complaints have now been filed against the Limassol-based travel agency Efi Strakottou Travel and Tours Ltd, bringing to light the issue of consumer protection and compensation for travellers ...
Limassol port operator DP World Limassol on Thursday reaffirmed its ongoing commitment to supporting women’s health and raising awareness about breast cancer prevention and early detection through a donation ...
Revenue from tourism in Cyprus reached €581.8 million in August 2025, according to figures released by the Cyprus Statistical Service of Cyprus (Cystat) on Thursday.
This marks a 13.8 per cent increase when ...
Global air cargo demand rose by 2.9 per cent in September 2025 compared with the same month last year, according to figures released by the International Air Transport Association (IATA).
At the ...
The Cyprus Securities and Exchange Commission (CySEC) has marked its participation in World Investor Week with a series of targeted information and education initiatives focusing on the challenges of today’...
From healthcare to e-commerce, the surge of data breaches in 2025 has exposed how innovation and interconnectivity, while driving convenience, have also widened the attack surface, shaking consumer confidence and testing ...