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.
Three presidents and 13 years after the discovery of gas in the Aphrodite field, the government this week clinched a deal with US oil giant Chevron for the development of the ...
XRP made headlines when it defied skeptics—who once labeled it a “zombie project”—by skyrocketing 450%, climbing from $0.60 to $2.86, and boosting its market cap by $120 billion. While some remain uncertain ...
Mutuum Finance (MUTM) is on the verge of completing its initial presale phase, reflecting notable investor enthusiasm for the project. Early buyers are purchasing MUTM tokens at $0.01, anticipating a price ...
Mutuum Finance (MUTM) is rapidly capturing attention as 60% of its presale allocation has already been snapped up by investors intent on securing the lowest possible token price. This heightened demand ...
Cyprus’ economy grew, albeit at a slower pace, during the fourth quarter of 2024, with GDP increasing by 2.6 per cent compared to the same quarter of the previous year.
According to ...
Artificial intelligence will bring major upheaval to wealth management, a Microsoft (MSFT.O) executive said, as the technology’s potential to process information vastly reduces the hurdles required to compete ...
The European Commission this week scrapped draft rules regulating technology patents, AI and consumer privacy on messaging apps, saying it did not expect them to receive the green light from ...
The United Arab Emirates, known for its opulent cities Dubai and Abu Dhabi, has begun mapping air corridors for air taxis and cargo drones, its civil aviation authority said in ...
Barclays (BARC.L) raised its 2025 performance targets this week after reporting a better than expected 24 per cent rise in annual pretax profit driven by investment banking income growth and strength ...
Tokyo-based moon exploration company ispace (9348.T) is heartened by signs the United States and Japan will remain on course for joint lunar missions, its CEO said, amid growing uncertainties in ...
Cyprus and Egypt are set to sign two major agreements on natural gas commercialisation next Monday in Cairo, marking a significant milestone for energy cooperation between the two nations. Cypriot ...
Though few are as striking as the rise of Dogecoin, the durability of XRP, and the birth of the new DOGE killer, Rexas Finance (RXS), the cryptocurrency market has seen ...
The total weight of goods transported by road within Cyprus rose by 9.9 per cent in the third quarter of 2024, when compared to the same period in 2023, according to a report ...
Jupiter Exchange has announced buybacks with 50% of all protocol fees going toward buying JUP and locking it for three years. Buybacks can be a great way to increase value and ...
US President Donald Trump has tasked his economics team with devising plans for reciprocal tariffs on every country that taxes US imports, raising the risk of a global trade war ...
Cyprus’ economy grew, albeit at a slower pace, during the fourth quarter of 2024, with GDP increasing by 2.6 per cent compared to the same quarter of the previous year.
According to ...
Atlantic Insurance is expected to report a slight increase in its consolidated financial results for 2024, according to an announcement published on the Cyprus Stock Exchange (CSE).
Based on currently available ...
For years, finding a property in Cyprus—whether to buy, sell, or rent—was a challenge. The process was fragmented, requiring hours of searching through classified ads, social media, real ...
Britain’s economy unexpectedly grew by 0.1 per cent in the final quarter of last year, official figures showed on Thursday, offering some respite from the downbeat economic picture facing finance ...
President Nikos Christodoulides this week announced a €122 million initiative designed to significantly enhance infrastructure and public services throughout the Famagusta district.
The president outlined the details of this plan, wihch ...
The latest reports from the three major credit rating agencies show a general improvement in the ratings of banks in both Cyprus and Greece.
According to a report from local ...
Budget airline Wizz Air on Friday announced that it has exceeded 9 million passengers travelling to and from Larnaca international airport.
The announcement of the milestone comes as the airline recently ...
The rise of remote work has redefined the traditional workplace, bringing both opportunities and challenges for organizations. One of the most significant concerns for employers and employees alike is finding ...
Shiba Inu price is treading at a critical juncture as it nears a potential death cross. Typically, a death cross is where the 50-day EMA crosses below the 200-day EMA. ...