Business

The supreme constitutional court on Thursday upheld stinging fines that had earlier been slapped on four former senior executives at now-defunct Laiki Bank. The fines had been imposed on four ...

Cyprus hoteliers association (Pasyxe) president on Friday Thanos Michaelides described the 91st HOTREC general assembly in Paphos, which the association is hosting, as a crucial forum. HOTREC is a forum “...

Greek Prime Minister Kyriakos Mitsotakis urged the media in both Greece and Cyprus to “not go overboard” with its reporting on differences of opinion between the two countries over the ...

Britain’s economy returned to growth in August when it expanded by a marginal 0.1 per cent from July, official data showed on Thursday, offering a little bit of relief to ...

Cyprus and Egypt have taken a decisive step toward deepening maritime cooperation, following the first meeting of the Joint Maritime Committee (JMC) held in Limassol, October 15-16. The meeting marked ...

With only three exceptional units remaining, Shinko Residences presents a rare opportunity to own a modern home just 300 metres from the beach in one of Limassol’s most sought-after neighbourhoods. ...

Cyprus spent €213.6 million on research and development (R&D) in 2023, equivalent to 0.68 per cent of GDP, according to data released by the Statistical Service (Cystat) on Thursday. This marks ...

The City of Dreams Mediterranean marked the first anniversary of the Marcos Baghdatis Tennis Academy with a special evening of world-class tennis that celebrated the sport and its community spirit. ...

Invest Cyprus on Thursday welcomed US-based technology company TKI to Cyprus following the merger between Hybrid ConsulTech, now renamed TKI EMEA, and TKI, a leading provider of enterprise-grade artificial intelligence ...

The Tax Department has issued a new circular clarifying when VAT should be charged on entry to concerts, performances, exhibitions and other cultural events, particularly when admission is combined with ...

Group CEO of payabl. Ugne Buraciene has been appointed as a non-executive director to the board of the CYENS Centre of Excellence, Cyprus’ leading research and innovation hub for interactive ...

Freedom Holding Corp., a global financial services and technology group and the parent company of Freedom24, is celebrating six years since its listing on the Nasdaq exchange. “Since 2019, the company ...

The average interest rates for household deposits in Cyprus remained unchanged in August, compared with the previous month, while rates for business deposits decreased, according to the Central Bank of ...

The Cyprus Land Development Corporation (Koag) has announced the launch of applications for its affordable housing scheme, covering the districts of Nicosia, Limassol, and Larnaca.  The application period began on ...

Succession remains the biggest challenge for family businesses in Cyprus and around the world, according to Renos Ioannides, managing director and head of the family business group at KPMG Cyprus. ...

The energy ministers of Cyprus and Greece reiterated on Thursday their commitment to work together to bring to fruition the Great Sea Interconnector (GSI), in a move de-escalating the apparent ...

The upcoming Cyprus Presidency of the Council of the European Union, set for the first half of 2026, is expected to deliver tangible benefits for the country’s hotel and tourism ...

President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development strategy, and upcoming ...

Why legality matters in Bitcoin Mining Bitcoin mining is no longer just a hobby for tech enthusiasts—it has become a global business. However, for beginners in the United States, ...

Introduction: The rise of Cloud Mining Apps in 2025 Cryptocurrency has matured in the United States, but one challenge still remains for everyday users—how to earn digital assets without investing ...

British expatriates with substantial UK pension funds face a major change in the coming years. From April 2027, UK pensions will become subject to inheritance tax (IHT), a reform that could ...

The Cyprus Union of Shipowners (CUS) has appealed to EU Member States, and in particular to the Government of the Republic of Cyprus, to vote against the proposed International Maritime ...

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have published their joint technical advice to the European Commission in response to its Call for Advice ...

Industrial production in the euro area and the European Union (EU) rose by 1.1 per cent year on year in August 2025, while Cyprus outperformed that rate with an annual increase of 2.4 ...