Business

A global greenhouse gas pricing mechanism, approved at MEPC 83 this week, marks a turning point for international shipping. For the first time, emissions will come at a cost, starting at $100 ...

The Cyprus property market has recorded a robust performance in the first quarter of 2025, with both transaction volumes and sales values reflecting strong momentum, according to a report by the ...

Larnaca has been ranked the number one European destination for baby boomers, according to a new survey released this week by global travel operator TUI. In addition, two Greek islands ...

Girls aged 16 to 19 in the EU showed stronger digital content creation skills than the general population in 2023, a trend also seen in Cyprus, according to Eurostat. However, the percentage of ...

The future of maritime transport depends on suppliers and service firms, especially amid the shift to green and digital solutions, according to Deputy Shipping Minister Marina Hadjimanolis. Speaking at the ...

Cyprus, long known for its stunning Mediterranean landscapes and robust financial services sector, is rapidly carving out a new identity as a burgeoning hub for technology and innovation. Within this ...

Cyprus has been riding a five-year wave of growth in startups, innovation, and tech. Everyone’s clapping. But scratch beneath the surface and the cracks are hard to ignore. Yes, ...

Nestle (NESN.S) on Thursday said the indirect impact of US tariffs was “unclear” and posted better-than-expected first-quarter organic sales growth, as the world’s biggest packaged food company hiked ...

The Mall of Cyprus (MC) Plc this week reported a strong financial performance for the year ended December 31, 2024, with net profit after tax reaching €10.46 million, up from €9.67 million in 2023. The ...

The world’s leading startup pitch competition, Startup World Cup, is returning to Cyprus for the second year in a row, organisers confirmed in an announcement issued on Thursday. Presented ...

Global ratings agency S&P Global downgraded Bahrain’s outlook to “negative” from “stable”, citing ongoing market volatility and weaker financing conditions that could increase the government’s interest ...

The Cyprus association of renewable energy companies (Seapek) on Thursday expressed its “deep and growing concern” over what it described as a “lack of planning” by the energy ministry, during ...

Mutuum Finance (MUTM) has managed to draw substantial interest among investors through its presale phase which generated $7 million as 418 million tokens found buyers from 8,400 holders. Phase 4 of the project exists ...

Ripple’s XRP maintains a position at $2.05 while market forces consolidate the price even though institutional investors increase their involvement. Market indicators show both optimistic and conservative attitudes towards XRP ...

Investors continue to actively participate in Mutuum Finance (MUTM) pre-sale activities which has resulted in $7 million funding and surpassing 418 million token sales. The Mutuum Finance project has reached its phase 4 ...

Britain’s government borrowed almost 15 billion pounds more in the financial year that just ended than official budget forecasters had estimated a month ago, according to data that heaped more ...

Maritime firm Safe Bulkers, led by Cypriot shipowner Polys Hajioannou, recently took delivery of the 82,000 dwt Kamsarmax-class bulk carrier ‘EFROSSINI’, built by Japan’s Oshima Shipbuilding. The vessel, which flies ...

Cyprus’ Construction Materials Price Index rose by 1.09 per cent year-on-year during the first quarter of 2025, according to data released on Thursday by the Cyprus Statistical Service (Cystat). The index reached 118.81 ...

The Association of Cyprus Electronic Money and Payment Institutions (ACEMPI), part of the Cyprus Chamber of Commerce and Industry (Keve), held its annual general meeting earlier this month in Nicosia. ...

Cyprus has signed an agreement with the Kingdom of the Netherlands to eliminate double taxation concerning Curacao, according to an official announcement released on Thursday. The announcement mentioned that the ...

The Paphos regional tourism board (Etap) announced this week that it is reviving its free guided tours to the Akamas communities over the next two months, aiming to highlight local ...

Limassol hosts 57 active agrotourism businesses offering quality stays in traditional and character-filled properties, according to Annita Dimitriadou, president of the Cyprus Agrotourism Company (Kea). Speaking to the Limassol Chamber of ...

Cyprus-based Municorn, a software company in Limassol, has claimed the top spot in Deloitte’s Technology Fast 50 Middle East and Cyprus rankings, with an extraordinary revenue growth rate of 20,164 per ...

Italian energy company Eni on Thursday described the two agreements signed by Cyprus and Egypt earlier this year concerning the exploitation of natural gas resources under the seabed in the ...