Business

Well-known players in the cryptocurrency domain, like Dogecoin (DOGE), have had the upper hand in this space for quite some time, but a new competitor, Rexas Finance (RXS), is moving ...

Coinbase, a major U.S.-based crypto exchange, has introduced new offerings for institutions in the jurisdiction. The exchange announced it had introduced CFTC-regulated futures for Solana (SOL) and Hedera (...

The Central Bank of Cyprus (CBC) announced a substantial growth in the assets of investment institutions for the final quarter of 2024. The assets increased by €573.8 million, 8.4 per cent, reaching €7.36 billion ...

Deputy Minister for Shipping Marina Hadjimanolis, is set to visit Brussels to participate in the high-level roundtable, ‘Fisheries and Oceans Dialogues: Help Design the European Ocean Pact’. This follows an ...

Cyprus’ electricity network is set to bear more pressure over the coming days, due to the cold spell forecast for Thursday onwards, increasing demand for heating. “Things will be difficult. ...

The association of building contractors Oseok has warned that acute labour shortages in sectors like construction, tourism, and retail were stalling economic growth. As the supply of skilled and unskilled ...

The electricity supplied to the Republic of Cyprus by the north was provided free of charge, the north’s electricity authority Kib-Tek workers’ trade union El-Sen leader Ahmet Tugcu said ...

Cyprus recorded the lowest rate of people working remotely in Europe in 2024, at just 22 per cent, a sharp contrast to the Netherlands, which topped the chart with 83 per cent. This ...

The sound of hammer blows and welding drifted from the Skaramangas Shipyard near Athens last month as workers repaired the bow of a large tanker, while other vessels waited to ...

The Bank of Cyprus on Tuesday announced its preliminary financial results for 2024, reporting a profit after tax of €508 million. This marks a 4 per cent increase compared to the previous year, ...

Fast-fashion retailer Shein’s executive chairman Donald Tang told investors in a letter on Monday that “growth remains strong” despite the United States ending duty-free treatment of low-value ecommerce packages ...

Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald Trump’s deregulatory agenda fuels hopes for a boom in ...

Within the crypto industry, where price movements are notoriously volatile, cryptocurrency enthusiasts are always rooting for coins that have the potential to go through the roof. Among the top contenders ...

Tether has signed an agreement with the Republic of Guinea to explore the adoption of blockchain and peer-to-peer tech. The deal aims to share best practices with the West African ...

Addressing Tuesday’s 8th Capital Link Shipping Forum in Limassol, the Deputy Minister for Shipping Marina Hadjimanolis emphasised that “expanding the Cypriot registry remains a top priority for the government.” ...

The board of directors of the Agros Development Company ‘Proodos’ Public Ltd, which owns the Rodon hotel in Agros, has accepted the evaluation issued by PWC about its share price. ...

Cyprus’ Construction Production Index prices for January 2025 reported a modest increase of 0.57 per cent from the previous month, according to the latest data from the Cyprus statistical service (Cystat). What ...

The Bank of Cyprus on Tuesday announced its preliminary financial results for 2024, reporting a profit after tax of €508 million. This marks a 4 per cent increase compared to the previous year, ...

The Deputy Ministry of Tourism has warmly welcomed Qatar Airways’ decision to ramp up its flights from Qatar to Larnaca Airport. According to a recent post, starting June 24, 2025, the airline ...

Deputy Minister for Shipping, Marina Hadjimanolis, announced this week that the Deputy Ministry of Shipping has integrated gender equality promotion activities into its operations. This initiative aligns with the United ...

The mobile gaming industry is witnessing a surge in innovation and investment, with Cyprus’ role within it growing with every passing year. One of the key figures driving this momentum ...

Short-term rentals in Cyprus will come under the scrutiny of the House energy, trade, industry and tourism committee this week. The committee is set to discuss a number of issues ...

A run-up in asking prices for newly listed homes in Britain has lost steam ahead of an increase in property purchase taxes, according to a survey published on Monday. Property ...

Many British employers intend to raise prices and cut headcount because of the government’s tax increases on business, with confidence among small businesses falling to a five-year low, surveys ...