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 Cyprus Land Development Organisation (Koag) is preparing to start building 220 new homes by the end of the year.
Most of them will be in Nicosia and Limassol and will ...
Cyprus is stepping up its push to join the Schengen zone, a development seen as critical for reinforcing the island’s appeal to investors and simplifying cross-border activity for companies.
...
Larnaca and Paphos airports handled 707,304 passengers in March 2025, marking a 5.91 per cent rise compared to the same month last year.
It was the strongest performance ever recorded for the January–...
Among the most enticing entry points for investors looking to earn early access to promising blockchain projects are crypto presales. By purchasing tokens before they come to the public exchanges, ...
Hedge funds tracked by Morgan Stanley globally posted growing losses as markets tumbled last week after US President Donald Trump’s announcement of sweeping tariffs, turning year-to-date performance to a 3 ...
Safe havens the yen and the Swiss franc held near six-month highs on Tuesday while the US dollar nursed broad losses as financial markets grappled with mounting recession worries in ...
Oil prices were up around 1 per cent on Tuesday, rebounding from a near four-year low in the previous session on concerns that US tariffs might depress demand and lead to ...
The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular addressed to all Cyprus Investment Firms (CIFs) regarding the updated procedure for reporting cross-border investment activity within the ...
Logicom Services Limited on Tuesday announced the acquisition of additional shares in Demetra Holdings Plc, further increasing its stake in the investment company.
According to a document submitted to the ...
The Interior Ministry has announced that an online platform for the ‘Renovate & Rent’ scheme will go live on Wednesday, April 9 at 12:00 noon.
Available at www.prositistegi.cy, the platform ...
President Nikos Christodoulides on Tuesday asked American multinational technology company Amazon to “participate substantially in Cyprus’ digital ecosystem”.
Speaking after a meeting between Christodoulides and Amazon’s senior vice president ...
Artificial intelligence has become an essential part of the production pipeline at Game Gears, a studio under Cyprus-based company GDEV
According to CEO Alexander Vaschenko, the use of GenAI has ...
The production in the construction sector in Cyprus saw a notable increase of 3.5 per cent in 2024 compared to 2023, according to the latest data released by the state statistical service this ...
The InvestPro Cyprus Limassol 2025 conference, held on Monday in Limassol, successfully brought together industry leaders, decision-makers, and financial experts to discuss the future of business and investment in Cyprus.
The ...
The Industrial Turnover Index in Cyprus reached 128.1 units in January 2025, with 2021 serving as the base year set at 100 points.
This marked a 5.8 per cent increase compared with January 2024, according to ...
The Cyprus Stock Exchange (CSE) has announced its closure on several upcoming dates in line with public and bank holidays.
Investors and market participants have been informed that the exchange ...
US President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars ...
With PayPal now officially supporting Solana (SOL), currently priced at $125, and Chainlink (LINK) at $13, the spotlight is on these two established altcoins, both of which are seeing massive growth due ...
In a rapidly shifting crypto market, savvy investors are diversifying their portfolios and looking beyond established giants like Solana (SOL), priced at $125 and Dogecoin (DOGE), which is currently trading at $0.072. ...
As Cardano (ADA), currently priced at $0.33, continues to establish its foothold in the blockchain space, the question on many investors’ minds is whether it can hold its ground against a ...
PwC Cyprus has introduced a series of paid leave policies aimed at supporting its employees during significant life events related to reproductive health.
According to an official announcemnet, these new ...
Cyprus saw a 14.8 per cent decline in total beer sales in March, when compared to the same period in 2024, according to the latest data released by the state statistical service ...
Although forex is widespread in Europe and there are many forex brokers traders can use, there are a few limitations. The EU has very strict regulations for forex, so traders ...
The credibility and global recognition that Cypriot shipping enjoys today stems from decades of steady investment in maritime infrastructure and know-how.
That legacy now continues through Thomas Kazakos, who after ...