Business

Shiba Inu (SHIB) and Dogecoin (DOGE) invested small amounts into overnight wealth in the last crypto bull cycle. DOGE increased over 25,000% in 2021, while SHIB made astronomical returns of over 1,000,000% since ...

Deputy Minister of Research Nicodemos Damianou on Friday stressed the importance of investing in artificial intelligence (AI) at the Demystifying and Unleashing AI conference in Nicosia. Highlighting AI’s potential ...

Smart Beta ETFs typically charge management fees, though these fees are generally lower than those of actively managed funds. These fees cover the cost of maintaining the ETF’s strategy, ...

Eurobank Cyprus on Friday announced that it posted a net profit after tax of €214 million in 2024, marking a €14.6 million increase from the previous year, corresponding to a rise of 7.3 per ...

The Deputy Ministry of Tourism has expressed satisfaction with its participation at the ITB Berlin tourism conference this week, where minister Kostas Koumis led the Cypriot delegation. According to an ...

US Ambassador to Cyprus Julie Davis this week highlighted the crucial role of American investments in Cyprus’ economic development. Speaking at an event at Neapolis University Paphos titled “USA – Cyprus: ...

For many, trading conjures up vivid images of glowing stock tickers, adrenaline-fueled wagers, and fortunes earned or lost instantly. But is trading continually a gamble? Or can it be a ...

The Cypriot real estate market saw significant activity in January 2025, with the 50 largest property transactions amounting to €30.1 million, according to real estate analytics firm Ask Wire. The company on Friday ...

The electricity authority (EAC) has been given the clear go-ahead to upgrade the Dhekelia power plant with two new flexible generators and is in the process of evaluating tenders, Energy ...

“Can machines outthink humans when it comes to trading?” Artificial intelligence changes how markets are examined, but do its trading signals apply equally across all asset classes? From the accuracy ...

Greece’s dependent transmission system operator Admie’s decision to temporarily suspend payments to French technology company Nexans for the manufacture and installation of submarine cables for the Great Sea ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a warning about a surge in fraudulent activities where individuals falsely claim to represent the regulatory body. These scammers, posing ...

The House on Thursday afternoon passed the National Betting Authority (NBA) and e-health authority budgets for the fiscal year 2025. The NBA’s budget, approved by 36 MPs, projects total expenditures to ...

The Bank of Cyprus on Thursday announced that it has received the Quality Recognition Award from global financial services firm JP Morgan Chase. The award, which the Bank of Cyprus ...

The turnover index for transport and storage in Cyprus increased by 1.6 per cent in 2024 compared to the previous year, according to a report released this week by the Cyprus Statistical ...

The industrial turnover index in Cyprus recorded a 1.6 per cent increase in 2024 compared to the previous year, according to a report released this week by the Cyprus Statistical Service. In ...

The value of bounced cheques remained at the same level as the previous month in February 2025, with an increase in the number of cheques issued, according to the Central Bank ...

As the crypto market stabilizes, established assets like XRP and TRX have been showing steady growth, drawing continued interest from investors. Both tokens have maintained their relevance due to ongoing ...

As crypto investors seek high-growth opportunities, one altcoin is quickly gaining attention for its potential to surge by 2,600%. Mutuum Finance (MUTM), currently priced at just $0.015 in its presale, is shaping ...

Ripple (XRP) is approaching a $200 billion market cap, signaling growing confidence in altcoins. Investors are diversifying portfolios with assets offering innovation and growth potential. Among thousands of options, Ethereum (ETH), ...

The European Central Bank (ECB) on Thursday announced a 25 basis point cut to its three key interest rates, marking a shift in its monetary policy stance. The decision, taken by ...

Deputy Minister of Research Nicodemos Damianou has called for increased public funding and private investments in cybersecurity for small and medium enterprises (SMEs), during an informal EU telecommunications ministers’ meeting. ...

Non-performing loans (NPLs) in the Cyprus banking system remained stable in November 2024, standing at €1.61 billion, according to data released by the Central Bank of Cyprus (CBC) on Thursday. The total ...

Cyprus’ Consumer Price Index (CPI) saw an increase in February 2025, pushing the annual inflation rate to 1.9 per cent, according to the latest figures from the state statistical service. Specifically, the ...