Business

The digital euro will serve as a complement to cash, not a replacement, and is designed to preserve the stability of the financial system while embracing innovation, said Stelios Georgakis, ...

The Index of Industrial Output Prices in Cyprus rose by 0.2 per cent in March 2025, reaching 121.9 units, based on 2021 as the reference year set at 100 points, according to official data released ...

The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of ...

South Korean technology giant Samsung Electronics (005930.KS) warned on Wednesday US tariffs could cut demand for products such as smartphones, making it difficult to predict future performance. Samsung said it ...

Ethereum (ETH) is showing promising signs of a rebound, with analysts pointing to a potential return to the $4,000–$5,000 range as the upcoming Pectra Upgrade fuels renewed optimism. However, for investors ...

While much of the crypto market wavers under the weight of macroeconomic pressure and regulatory ambiguity, Mutuum Finance (MUTM) is quietly carving out a lane of clarity and confidence.  Investors ...

The US economy contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid higher costs, underscoring the disruptive nature of President Donald ...

As the 2025 market rally approaches with bullish momentum building, investors are sizing up the best-positioned projects for outsized returns. While XRP eyes global payments dominance, Solana (SOL) continues to shine ...

National investment promotion agency Invest Cyprus and the British Council on Wednesday announced that they have entered into a strategic partnership. According to an official statement, the partnership aims at ...

Over 10,000 Cypriot and international visitors attended the 26th Travel Expo Cyprus 2025, where they explored travel offers and package deals for their summer holidays and other trips, according to a statement ...

Investor Balram Chainrai has recently acquired a controlling stake in the company that owns the Rodon Hotel in Agros. The transaction, which was finalised on March 6, 2025, saw Chainrai secure 87.82 per ...

Cyprus on track for a Hydrogen Economy by 2060, according to study by Frederick University The H2Zero Research Unit at Frederick University has unveiled a comprehensive strategic plan for Cyprus’...

The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of ...

Petrolina (Holdings) Public Limited has released its annual report for the year ending December 31, 2024, and has called its annual general meeting (AGM) for June 19, 2025, at the company’s headquarters in ...

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has submitted an application to the Cyprus Securities and Exchange Commission (CySEC) to exercise its squeeze out ...

Alpha Bank Cyprus on Wednesday announced the appointment of George Shiammoudis as its new chief risk officer. “With over 20 years of experience across banking and financial advisory, Shiammoudis brings a ...

Consumers across Europe are increasingly willing to switch to alternative online payment methods in exchange for faster, more convenient and secure checkout experiences, according to new research published by payabl., ...

The Ministry of Energy, Commerce and Industry on Wednesday announced a new call for proposals under the business digital upgrade scheme, part of the national programme Thaleia 2021–2027. The scheme, aimed ...

By Nicolas Treppides, Founder and CEO of Moneygate The era of digital money is not just approaching – it is already here. And Cyprus finds itself in a unique position: with ...

Artificial intelligence could increase global gross domestic product by up to 15 per cent by 2035, according to new research shared this week by PwC Cyprus. The report, titled Value in Motion, ...

Banks in Cyprus recorded a net decrease of €66.3 million in deposits and a significant increase of €429.9 million in loans during March 2025, according to a report by the Central Bank of ...

Cyprus’ industrial production recorded a steady rise of 4.3 per cent in the first two months of 2025 compared with the same period in the previous year, according to a report from ...

Nearly 40 per cent of Cypriots see opportunities to start a business, a new national report by the University of Cyprus has found. The 2023–2024 Entrepreneurship Report also revealed that 60.5 per cent ...

Turkey’s monthly inflation rate is expected to climb to 3.1 per cent in April, driven by energy prices and lira depreciation following the imprisonment of President Tayyip Erdogan’s main ...