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 demand for properties next to the new Paralimni Marina is rising rapidly. Find your holiday home today and invest in a property with high ROI!
Imagine waking up every ...
The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Compliance Association (CCA) have signed a Memorandum of Understanding (MoU), according to an official announcement.
Keve explained that the ...
Cypriot businesses that consistently violate tax laws may soon find their premises sealed for at least 48 hours under a new enforcement tool granted to the tax department, if parliament passes ...
The Bank of England is expected to soon slow the pace at which it shrinks its 558 billion-pound ($754 billion) holdings of government bonds, and economists hope next week will shed some ...
Half of Greeks are cancelling or postponing holidays because of financial pressures as summer spending rises and savings shrink, according to fintech app Plum.
The findings are based on a ...
Petroleum product sales in Cyprus rose by 10.4 per cent in June 2025 compared to the same month last year, reaching 140,669 tonnes, according to a report released by the state statistical service (...
Investors are hunting for the next big altcoin to outshine Dogecoin’s meteoric rise in 2025. Mutuum Finance (MUTM), priced at $0.035 in its ongoing presale, is drawing intense interest.
Having raised $13,700,000 ...
As the broader crypto market slowly regains strength, many investors are revisiting familiar names like Cardano (ADA). Known for its academic foundation and long-term goals, ADA once captured the spotlight ...
GDEV, a global gaming and technology company headquartered in Cyprus, on Monday announced a €100,000 donation to support wildfire recovery efforts on the island.
The company has also launched an AI-powered ...
Many in the crypto space watch closely for trends they believe might play out again. Solana’s (SOL) 24% surge in just one week sparked renewed excitement throughout the crypto space. ...
The Bank of Cyprus (BoC) on Monday announced that its board of directors will meet on August 4, 2025, to examine the financial results for the Bank of Cyprus Group for the ...
Dutch brewer Heineken (HEIN.AS) welcomed a trade deal between the European Union and the United States and said on Monday that it was weighing all options to deal with ...
Total deposits in Cyprus recorded a net increase of €654.7 million in June 2025, compared to a net increase of €20.8 million in May 2025, according to data released by the Central Bank of ...
The Cyprus Securities and Exchange Commission (CySEC) has released its annual statistical bulletin for 2024, providing a detailed overview of the performance of the regulated entities under its supervision.
In its ...
In the ever-evolving world of cryptocurrency, seasoned traders often look for early-stage tokens with the potential to replicate historical success stories. One such prediction is turning heads across the crypto ...
MHV Mediterranean Hospitality Venture Plc, a leading player in the hospitality and real estate space, on Monday announced the approval of a new bond loan programme and subscription agreement amounting ...
Bank of Cyprus Holdings Public Limited Company (BOC Holdings) has announced the completion of its acquisition of 100 per cent of Ethniki Insurance Cyprus Ltd, following a binding agreement signed with ...
The Research and Innovation Foundation (RIF), in collaboration with the Deputy Ministry of Research, Innovation and Digital Policy, on Monday announced the launch of a new flagship funding programme titled ‘...
Cypriot businesses that consistently violate tax laws may soon find their premises sealed for at least 48 hours under a new enforcement tool granted to the tax department, if parliament passes ...
Limassol-based marine fuel trading firm Island Oil has opened a new international trading office in Dubai, marking its seventh trading desk globally and strengthening its presence across key marine fuel ...
The European Union’s extension of its Emissions Trading Scheme (ETS) to shipping has sent ripples across Mediterranean ports, and even Cyprus is feeling the undercurrents.
Starting January 1, 2024, any vessel ...
Family peace and calm are essential conditions for the smooth cohabitation of spouses, as well as for the psychological development and health of their children. Where these do not exist, ...
Tesla (TSLA.O) and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates declining electric vehicle sales and an autonomous driving business that has yet ...
To achieve better and longer lasting batteries for electric vehicles, EU-funded researchers are developing technology that enables batteries to quickly detect damage and repair themselves.
By Anthony King
Batteries are ...