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.
Manchester United announced on Monday a rise of around 5% in season ticket prices at Old Trafford for 2025-26 in the latest effort to tackle the Premier League club’s financial ...
The Deputy Ministry of Shipping is advancing plans to construct new headquarters on the site of the former ‘Nemitsas’ factory in Limassol, following recently introduced public investment procedures.
However, the ...
As cryptocurrency continues to redefine wealth-building opportunities, cloud mining has emerged as a hassle-free way to tap into digital assets without the steep costs or technical demands of traditional mining. ...
Moody’s has upgraded the credit ratings of three Greek banks—Eurobank, National Bank of Greece (NBG), and Attica Bank—following its recent upgrade of Greece’s sovereign credit rating ...
Banks in Cyprus and Greece have announced significantly improved profit distribution policies, reflecting their strengthened profitability over the past three years, according to a report from Stockwatch.
Following the release ...
Tourist arrivals in Cyprus recorded a year-on-year increase of 7 per cent in February 2025, with an additional 32,865 visitors arriving on the island during the first two months of the year.
This ...
Cyprus’ GDP is expected to grow by 3.2 per cent in 2025, slightly lower than the figure of 3.4 per cent reported for 2024, according to the Central Bank of Cyprus (CBC).
This figure ...
Employment in the broader public sector in Cyprus increased by 1,476 individuals, a rise of 2 per cent, in the fourth quarter of 2024, when compared to the same period in 2023.
According to ...
A Cyprus-Greece business forum, which took place in Nicosia this week, focused on the importance of enhancing trade and investment relations between the two countries.
According to a statement by ...
Optimism was already building among economists on German and eurozone growth in a Reuters poll taken just before key political parties in Germany agreed a historic deal on debt, suggesting ...
Britain’s public finances, strained by growing debt and sluggish growth, face a crucial test this month that investors say could prompt another market shock to an economy that is ...
As market conditions shift, investors are searching for opportunities that offer both stability and strong growth potential. Solana (SOL) has recently shown signs of recovery, attempting to regain momentum after ...
If you invested $1,250 each in Cardano (ADA), Pepe (PEPE), and Mutuum Finance (MUTM) today, your potential returns by December 31, 2025, could be substantial. At its current price of $0.75, ADA is projected ...
The US is weighing in with Lebanon’s government on the selection of the country’s next central bank governor in a bid to curtail corruption and illicit financing for ...
Mutuum Finance (MUTM) is proving to be one of the fastest-growing DeFi projects, securing over $3.5 million in just 30 days. As more investors seek promising opportunities in the crypto space, Mutuum ...
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Trade unions on Monday warned about potential power blackouts following curtailments in photovoltaic energy production.
In the statement, unions representing the Cyprus electricity authority (EAC) – including the organisation of EAC ...
Cyprus’ GDP is expected to grow by 3.2 per cent in 2025, slightly lower than the figure of 3.4 per cent reported for 2024, according to the Central Bank of Cyprus (CBC).
This figure ...
The number of job vacancies in Cyprus rose by 8 per cent year-on-year during the fourth quarter of 2024, reaching 12,997 positions, according to data released by the Cyprus Statistical Service (Cystat).
When ...
Oil prices traded higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until the Iran-aligned group ends its assaults on shipping.
Brent futures rose 56 cents, ...
Cyprus aims to reduce conventional vehicle use from 97 per cent to 70 per cent by 2030, under its National Energy and Climate Plan (NECP), requiring the registration of 85,000 electric vehicles.
However, with ...
Many hotels across Cyprus’ tourist areas have undertaken partial or extensive upgrades in recent years, despite challenges facing the tourism sector.
Hotel industry representatives highlight that Cyprus relies on its ...
The US-European tariff conflict is jeopardising transatlantic business worth $9.5 trillion annually, the American Chamber of Commerce to the EU warned on Monday.
AmCham EU, whose more than 160 members include Apple, ...
Dogecoin (DOGE) has uniquely stood out in the wild world of meme coins mainly due to community buzz, celeb sponsorships, and its recognition as the first meme cryptocurrency. Nonetheless, it ...