Business

Tourism revenue in Cyprus saw a significant year-on-year increase of 17 per cent in December 2024, according to a report released on Tuesday by the state statistical service. Based on data collected ...

The Association of Large Investment Projects recently presented its recommendations on the role of the private sector in the economic diplomacy strategy promoted by the Ministry of Foreign Affairs. Led ...

The Law Office of the Republic has rejected a proposal by the deputy tourism ministry to cap the number of short-term rental properties a person or company can register in ...

The annual inflation rate in Cyprus is projected to reach 2.3 per cent in February 2025, down from 2.9 per cent in January, according to preliminary estimates by Eurostat, the statistical office of ...

Technology drives efficiency, accelerates decision-making, and enables businesses to scale operations with minimal disruption. As industries evolve, staying ahead requires adopting solutions that simplify complex tasks, optimize resources, and improve ...

20 per cent of workers in Cyprus were classified as low-wage earners in 2022, compared to 14.7 per cent across the European Union (EU), according to a report by Eurostat. In addition, it ...

The deadline for Hellenic Bank employees who wish to accept the bank’s latest, and reportedly last, voluntary exit scheme ends today, after being announced in mid-February. However, interest in ...

The Bank of Cyprus has announced the completion of its first transactions under its new share buyback programme, with approximately five per cent of the maximum total value of the ...

Former Cyprus Shipping Chamber (CSC) director general Thomas Kazakos has resigned as director of Lordos Hotels (Holdings) Public Limited, effective February 28, 2025. Kazakos will assume his new role as Secretary General ...

Cardano (ADA) has regained market trust with a 15% price surge fueled by institutional demand and a significant hard fork. However, historical trends and technical indicators show that ADA may start ...

The European Central Bank is set to cut rates again on Thursday, but investors haven’t been this unsure in a while on what comes next. US tariff risks are ...

US President Donald Trump’s proposal to impose 25 per cent tariffs on imports from the European Union is likely to dent growth prospects in Central Europe, compounding existing fiscal challenges, ...

Honda (7267.T) has decided to produce its next-generation Civic hybrid in the US state of Indiana, instead of Mexico, to avoid potential tariffs on one of its top-selling car models, ...

Turkey’s manufacturing sector showed signs of continued struggle in February, reflecting ongoing challenges with new orders, output and employment all hurt by muted market demand, a survey showed on ...

Energy Minister George Papanastasiou has been invited to appear before the House energy committee on Tuesday to update members on energy storage, hydrogen development and the liquefied natural gas (LNG) ...

Dogecoin (DOGE) has long thrived on its highly active community and social-driven rallies. However, as the market matures, many DOGE holders are moving beyond short-term sentiment plays, favoring projects with ...

Oil edged up on Monday as upbeat manufacturing data from China, the world’s biggest crude importer, led to renewed optimism for fuel demand, although uncertainty about a Ukraine peace ...

As the cryptocurrency landscape continues to evolve, investors are constantly on the lookout for innovative projects that promise substantial returns and unique value propositions. In this article, we will explore ...

Binance Coin is trending again, climbing from $600 with bulls eyeing a breakout past $650. But while Binance Coin remains a safe bet, the real action is brewing elsewhere. Pepe Coin (PEPE), ...

By Maria Demertzis The need to accelerate defense spending is now inescapable. This is both feasible economically and will boost domestic demand in the short run, which will help the ...

EU-funded researchers are joining forces to meet consumer demands to know more about where seafood comes from, its carbon footprint and nutritional value. By Michael Allen While consumers are often ...

The Cyprus International Businesses Association (CIBA) is currently analysing the proposed tax reform, according to an official statement. Following its review, the statement said, CIBA will present its views and ...

The industrial producer price index for January 2025 stood at 121.9 points, with 2021 acting as the base year set at 100 points, marking a 0.3 per cent decrease compared to the same month in 2024, ...

Dell (DELL.N) has forecast a decline in its adjusted gross margin rate for fiscal year 2026, hit by higher costs to build artificial intelligence servers in a fiercely competitive market, ...