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.
The state’s balance sheet for 2023 showed a considerable dip in inflows in tandem with a sharp rise in outflows, with the government paying out around €750 million alone to service ...
Mutuum Finance (MUTM) is demonstrating remarkable early momentum. Currently priced at $0.035 in its sixth presale phase, the token has already surged 250% from its initial $0.01 offering.
Investors have contributed over $14,300,000, securing ...
The momentum behind Mutuum Finance (MUTM) is accelerating at an extraordinary pace, with its Phase 6 presale priced at $0.035 already pulling in $14.30 million and attracting 15,000 holders. With whales entering the market ...
Oil prices edged higher on Monday, after falling more than 4 per cent last week, as investors looked ahead to talks between the US and Russia later this week on the ...
The recent governance vote on Cardano (ADA) triggered a sharp 12.9% surge in price, underscoring how strong community involvement and practical utility can ignite market demand. History has shown that when ...
The Cyprus Stock Exchange (CSE) Council on Monday expressed “deep concern and disappointment” over what it deems to be “the exclusion of meaningful incentives for the capital market” in the ...
One year has passed since the launch of the interbank ESG assessment project for Cypriot businesses, implemented by Artemis Credit Bureau through the Synesgy platform.
According to a statement by ...
The highest construction costs in Cyprus’ private sector last year were recorded in hotels, followed by clinics and medical offices, with tourist apartments in third place, according to the Cyprus ...
Cyprus’ trade deficit widened to €3.87 billion in the first half of 2025, compared to €3.65 billion in the same period last year, according to a report released on Monday by the state ...
The Cyprus Stock Exchange (CSE) on Monday announced the suspension of trading for several listed companies on the regulated market due to their failure to submit and publish their annual ...
The Cyprus Securities and Exchange Commission (CySEC) has announced a series of recent decisions involving investment firms, administrative fines, revocations of earlier rulings and the granting of an exemption under ...
Cyprus is losing millions in unpaid taxes after thousands of cases fell outside the legal deadline for assessment, the audit service has warned.
In its latest report on the tax ...
The Republic of Cyprus is providing electricity to the north on Monday, as the north’s energy woes continue into a fourth day following an explosion at a substation on ...
VAT revenues from the EU’s e-commerce systems brought €257.9 million into Cyprus’ coffers in 2024, according to tax commissioner Sotiris Markides.
Through the One Stop Shop (OSS) and Import One Stop ...
The Bank of Cyprus is doubling down on its innovation drive this October, launching its sixth fintech hackathon while also joining TechIsland’s donor network to help strengthen the island’...
When the state intends to pay a physical or legal person for a specific reason, such as fees, compensation for services rendered, or a grant, it examines whether the recipient ...
With quantum computing on the horizon, cryptographers are working to secure digital communications against a new generation of potential threats.
By Anthony King
How do you outsmart a computer that ...
The International Maritime Organisation’s (IMO) Maritime Safety Committee (MSC) has called for a comprehensive overhaul of the International Safety Management (ISM) Code, warning that the rules no longer reflect ...
Rental prices in Cyprus have not increased significantly, as the market has successfully managed to balance rising demand, particularly from students, with the addition of new housing units, according to ...
The Xbox platform is facing mounting criticism from developers, former industry leaders, and insiders, who cite mounting concerns about Microsoft’s current strategy, communication practices, and the long-term sustainability of ...
Cybersecurity concerns are intensifying in Cyprus as global Distributed Denial of Service (DDoS) attacks rise sharply, placing pressure on national infrastructure and prompting renewed investment in digital defences.
A new ...
The Cyprus Chamber of Commerce and Industry (Keve), in its role as coordinator of the Enterprise Europe Network Cyprus, will host a women’s business delegation from Lithuania on September 24, 2025.
...
The United States Securities and Exchange Commission and Ripple Labs have formally dismissed their respective appeals. Thus, conclusively ending nearly five years of intense litigation. This pivotal development resolves the ...
As altcoin season gains momentum, two tokens are capturing investor attention for their promising 10x growth potential in the coming months: Mutuum Finance (MUTM) and the popular memecoin SHIB. While ...