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.
A delegation from the International Monetary Fund (IMF), led by Alex Pienkowski, will present its key findings from a recent visit to Cyprus at a press conference in Nicosia on ...
Deputy Tourism Minister Kostas Koumis used his participation in a professional symposium to highlight Larnaca’s appeal as a tourist destination.
The minister outlined Larnaca’s recent progress in terms ...
Turkish inflation is expected to end the year a bit higher than previously expected, a Reuters poll showed on Wednesday, reflecting fallout from a currency selloff after authorities detained and ...
The Cyprus Bar Association has expressed strong concerns over the proposed tax reform put forward by the University of Cyprus’ Economics Research Centre (CypERC).
The association has argued that it ...
Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signalling CEO Elon Musk and the kingdom have healed a rift that dates back ...
US videogame retailer GameStop (GME.N) said this week it would include bitcoin as a treasury reserve asset to diversify its corporate holdings, betting on the world’s biggest cryptocurrency ...
As anticipation builds for the next altcoin season, Cardano (ADA) at $0.73, Dogecoin (DOGE) at $0.17, and Mutuum Finance (MUTM) at $0.02 are gaining momentum, with analysts predicting they could outpace Ripple (XRP) ...
British Chancellor Rachel Reeves cut the government’s plans for spending increases on Wednesday to get back on track towards her fiscal targets, but risks in the world economy could ...
Solana (SOL) and Ripple (XRP) have long been favorites among crypto investors, with SOL currently trading near $137 and expected to push toward $1,000 by Q4 2025, while XRP, at $2.45, could soar past $5 ...
British inflation slowed more than expected in February, bringing some relief to consumers ahead of a likely new pick-up in price growth and to finance minister Rachel Reeves before her ...
Chevron (CVX.N) has expressed an interest in hydrocarbon exploration off the island of Crete in the Mediterranean Sea, the second such expression for Greek energy by the US oil ...
The migration department on Wednesday announced the start of applications for residence permits under the Cyprus Digital Nomad Visa scheme.
According to the announcement, the scheme “aims to attract nationals ...
Credit rating agency Morningstar DBRS on Wednesday revised its economic growth and unemployment projections for Cyprus, reflecting a more optimistic outlook for the country’s economy.
In its report, the ...
Consulting and advisory firm PwC Cyprus on Wednesday released a statement detailing the various initiatives implemented by its foundation to “strengthen financial literacy and foster an entrepreneurial mindset among young ...
The Ministry of Energy, Commerce and Industry, in collaboration with the Cyprus Trade Centre in Berlin, participated in the PROWEIN 2025 international wine and spirits exhibition for the fourth consecutive year.
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Cypriot businesses have significantly progressed with the integration of digital technologies into how they operate, according to the Cyprus Statistical Service (Cystat).
This was evident in Cystat’s latest report ...
The Cyprus Bar Association has expressed strong concerns over the proposed tax reform put forward by the University of Cyprus’ Economics Research Centre (CypERC).
The association has argued that it ...
Rexas Finance (RXS) has captured the attention of major Solana (SOL) and Cardano (ADA) investors due to its innovative real-world asset tokenization platform. The project, launched in September 2024, has already ...
For the first time a Cypriot has been elected to the position of Vice Chair of the International Maritime Organisation, the deputy ministry of shipping announced on Wednesday.
In a ...
Recent economic projections from Federal Reserve officials had shades of “Stagflation-lite,” in the words of one economist, a sentiment increasingly echoed among other observers of the US economy and central ...
Britain’s Financial Conduct Authority will reassess its attitude towards financial firms’ risk-taking in order to spur growth, the watchdog said on Tuesday, as it set out its next five-year ...
Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the ...
Klarna’s upcoming US initial public offering could help unlock a pipeline of British fintech flotations after a barren period for new technology listings, investors, lawyers and an executive told ...
British retailers reported the sharpest drop in sales volumes in eight months in March and they expect to see little improvement next month, an industry survey showed on Tuesday, showing ...