Business

Cyprus’ electricity demand was entirely covered on Tuesday night, with no power cuts recorded, transmission system operator (TSO) spokeswoman Chara Kousiappa said on Wednesday. “There was sufficient production, the needs ...

A scandal erupted on Wednesday over a power plant allowed to operate illegally with the tacit approval of authorities, following the release of an Audit Service report on the matter. ...

Cyprus-based Aloha Browser on Wednesday reported an impressive surge in European downloads, experiencing up to 15-fold growth in the year following the implementation of the EU’s Digital Markets Act (...

The economic climate in Cyprus registered a slight improvement in February 2025, the Economics Research Centre of the University of Cyprus (CypERC) reported this week. Specifically, the Economic Sentiment Indicator (ESI) ...

The Cyprus property market displayed stabilising trends in the fourth quarter of 2024, according to the RICS Cyprus Property Price Index by KPMG Cyprus, which tracks real estate price trends across ...

PwC Cyprus this week released the findings of its 14th Annual CEO Survey, revealing a significant increase in business leaders’ confidence in the local economy. The survey, presented at the ...

The Cyprus Borrowers Association (Syprodat) this week released a statement describing the “immediate and effective implementation of measures to tackle high living costs and secure a better future for young ...

Abu Dhabi’s Etihad Airways aims to announce the launch of a $1 billion initial public offering this week, two sources told Reuters, in what would be the first IPO of ...

Analysts foresee another altcoin season with significant gains for some assets. Toncoin (TON) and Sui (SUI) have staged a notable comeback, with the potential to finish this cycle above $5. Meanwhile, ...

The agreement for the sale of Ermes Department Stores’ investment in Superhome Centre DIY was finalised on Monday. In a statement issued by Ermes today, following its previous announcement on ...

Consumer staple prices showed mixed trends in January, with frozen fish recording the highest increase at 16.3 per cent and sugar seeing the steepest decline at 16.8 per cent, according to the ...

Have you ever thought of investing in Cardano’s ADA? In recent days, Cardano’s ADA has been losing its momentum and struggling to reclaim its bullish momentum. Hence, investors ...

An interview with Mikhail Fisher, Head of Sales (commercial real estate) at INEX In recent years, INEX has been transforming commercial real estate in Cyprus, creating high-quality workspaces that meet ...

Invest Cyprus, in collaboration with the Nicosia Municipality, hosted a networking event this week titled ‘Why Nicosia’, aiming to connect investors with key institutional stakeholders. According to an announcement released ...

Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week’s hack of $1.5 billion worth ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday marked ten years of social responsibility efforts, reinforcing its commitment to community support and sustainable development. According to an announcement, the ...

The Cyprus Borrowers Association (Syprodat) this week released a statement describing the “immediate and effective implementation of measures to tackle high living costs and secure a better future for young ...

Salamis Tours is set to be fully acquired by E.V.H. Investments Limited, as the public tender offer for 100 per cent of its issued share capital has been completed. ...

Manchester United will cut around 150-200 more jobs as part of an overhaul to return to profitability after five years of losses, the Premier League soccer club said on Monday. ...

Limassol continues to lead the office rental market in Cyprus, with prices averaging €29 per square metre, while Nicosia remains a more affordable alternative at €13 per square metre, according to a ...

‘There are decades where nothing happens; and there are weeks where decades happen.’ This quote often attributed to Lenin, may capture the moment. It is now a little more than ...

The European Union’s Markets in Crypto-Assets Regulation (MiCA) “marks a watershed moment in digital finance”, according to Costas Papadopoulos, executive director at Cypriot fintech Moneygate. MiCA will introduce a ...

The Bank of Cyprus announced on Monday the launch of a €30 million share buyback programme, a move previously signalled last week during the release of its preliminary 2024 financial results. In ...

British employers advertised the fewest jobs for the month of January in four years last month but salaries continued to rise strongly, according to figures published on Monday that illustrate ...