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 Yury Palevich, ex-VP of Innovations at inDrive
For too long, Cyprus has relied on a narrow image — sun, sea, and a lot of tourists. But in a world where ...
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency ...
Shibarium’s recent announcement of a 40% reduction in transaction fees has caught the attention of many in the crypto community, offering a welcome relief for users frustrated by high gas ...
In the fiercely competitive world of cryptocurrencies, standing out among established giants like XRP and Binance Coin (BNB) requires more than just hype—it demands innovation, utility, and a clear ...
Ethereum (ETH)’s recent surge of 6.22% to $4,300, driven by renewed institutional ETF inflows, signals a bullish phase for the crypto market. Riding this wave, Mutuum Finance (MUTM) emerges as a ...
A Cyprus-headquartered gaming platform has moved quickly to take advantage of Epic Games’ courtroom victory over Google, launching its own Android store to offer developers and players a new distribution ...
Invest Cyprus is positioning the island as a leading technology investment hub through strategic partnerships, targeted incentives, and a strong focus on innovation and digital transformation. In this interview with ...
Solana (SOL), Dogecoin (DOGE) and newcomer Little Pepe (LILPEPE) have all had notable performances in the cryptocurrency market. Moreover, Solana and Dogecoin show that they may be starting to experience ...
Cyprus businesses are being urged to participate in a European Commission public consultation on draft guidelines for foreign subsidies that could distort the EU internal market.
The Cyprus Chamber of ...
Cyprus recorded strong growth in manufacturing, trade and tourism during the first half of 2025, according to the state statistical service’s latest bimonthly bulletin.
The bulletin presents the most important ...
Tourism group TUI has introduced an innovative gadget designed to transform the beach experience for British holidaymakers, called the Sand Shaker.
According to an official announcement from the company, the ...
The Bank of England has lowered slightly to 115 billion pounds ($155 billion) its estimate of the net loss that Britain’s finance ministry will have to pay to cover the central ...
As the crypto market gears up for the much-anticipated DeFi season, investors are turning their attention to projects that deliver more than just hype—those that bring fully functioning ecosystems ...
Dogecoin (DOGE)’s recent jump of 17.9% driven by new speculation around a potential ETF approval has sent waves through the crypto community. While the excitement around DOGE remains high, investors ...
Oil prices erased losses on Wednesday after US Treasury Secretary Scott Bessent said sanctions against Russia or secondary tariffs could go up if Friday’s meeting between President Donald Trump ...
Early presale investors in Mutuum Finance (MUTM) are already celebrating impressive returns, having gained 250% from their initial Phase 1 or Phase 2 entries. This strong start is just the beginning, as market ...
The hosting of FIBA EuroBasket 2025 is expected to bring multiple economic benefits to the Republic of Cyprus, according to the local FIBA EuroBasket 2025 organising committee.
“Cyprus becomes the smallest country ...
MHA, a professional services provider of audit, tax, accountancy and advisory services, has completed the acquisition of Baker Tilly South-East Europe (BTSEE) in a deal valued at up to €24 million, ...
It is expected that there will be no power cuts on Wednesday night, electricity authority (EAC) spokeswoman Christina Papadopoulou said.
Speaking to the Cyprus Mail, she said a generator at ...
Cyprus recorded strong growth in manufacturing, trade and tourism during the first half of 2025, according to the state statistical service’s latest bimonthly bulletin.
The bulletin presents the most important ...
The Finance Ministry on Wednesday announced the end of trading for the 13-week Treasury Bills, fifth issue of 2025, which were issued on May 30, 2025, and will mature on August 29, 2025.
The security, ...
The Paphos regional tourism board (Etap) this week announced that its coordinated summer campaign to attract domestic tourism, which began in May, will conclude on August 14.
In its statement, the ...
Maritime company Safe Bulkers Inc., led by Cypriot shipowner Polys Hajioannou, listed on the New York Stock Exchange, has agreed to sell the MV Pedhoulas Merchant, with a Cypriot flag, ...
Headquartered in Cyprus, Nexters is best known for Hero Wars, the popular RPG launched in 2016 that has enjoyed steady growth and a remarkable run in the charts.
Since 2019, the title ...