Business

Consumer prices in Cyprus rose by 1.4 per cent in April 2025 compared with the same month a year earlier, according to the Harmonised Index of Consumer Prices (HICP) published by the ...

Cyprus’ economy is expected to continue growing at a robust pace in 2025 and 2026, according to the European Commission’s Spring 2025 Economic Forecast released on Monday. Specifically, growth is expected to ...

Cyprus residents made 164,844 trips abroad in April, marking a 24.1 per cent increase compared with the 132,806 trips recorded in April of last year, according to data released by the statistical service ...

The Cyprus Development Bank (cdbbank) on Monday released its financial results for 2024, posting a profit after tax of €4.09 million. This represents a decline of approximately 41 per cent year-on-year, from the ...

The summer will find Cyprus “completely unprepared” in terms of energy sufficiency, Marios Papoutis, head of the EAC’s technical employees’ union (Sekaik) warned on Monday. Speaking on CyBC, the ...

Cyprus will have its first large-scale electricity storage system operational within the next 16 months, the energy minister said on Monday. Speaking at the Green Agenda Cyprus Summit in Nicosia, George ...

Cyprus is moving ahead with its first affordable rental housing scheme, with construction on the initial phase of a new development in Limassol expected to begin by June, according to ...

Cyprus has reported a notable rise in early-stage entrepreneurial activity and public optimism, according to the latest Global Entrepreneurship Monitor (GEM) survey presented at the University of Cyprus. Despite this, ...

The concern for an employee for safeguarding his rights in the event of a transfer of an undertaking, establishment or part of an undertaking to another employer, as a result ...

The Cyprus Real Estate Agents Registration Council on Monday again voiced concerns over a proposed law that would require all rental and sale contracts for real estate to be drawn ...

Startups, investors, and technology experts gathered once again in Limassol on 15–16 May for Reflect Festival 2025. Cyprus’ flagship technology and entrepreneurial event delivered another impactful two-day edition packed with discussions, networking, ...

Each year, the International Day for Women in Maritime Affairs promises celebration, but behind the speeches and social media tributes, the sector’s gender gap remains deeply entrenched. At this ...

Safe Bulkers, the Limassol-based shipping company led by Polys Hajioannou, has extended its support to the Cyprus Maritime Academy (CyMA), awarding eight cadets with annual scholarships of €5,000 for the full ...

France and Germany are moving towards a joint European energy policy based on technological neutrality, marking a new phase in nuclear energy, according to Andreas Poullikkas, professor of energy systems ...

EU-funded researchers are exploring the role of architecture in designing living spaces that harness the healing power of nature to improve the health and well-being of urban populations. By Valerie ...

Tesla (TSLA.O) investors had pinned their hopes on a refresh of the company’s flagship compact SUV to reinvigorate sales. But rock-bottom financing deals for the Model Y and ...

EU antitrust regulators, who are examining European satellite company SES’s (SESFg.LU) $3.1-billion bid for Intelsat, have asked the two companies’ customers whether Elon Musk’s Space X-owned Starlink ...

Alphabet’s Google (GOOGL.O) has been demonstrating to employees and outside developers an array of different products, including an AI agent for software development, ahead of its annual developer ...

Dogecoin (DOGE) is surging with a 528% spike in active addresses. The token rocketed from 74,640 to 469,477, fueled by an updated 21Shares filing for a spot Dogecoin ETF, acknowledged by the SEC ...

As attention shifts from one meme coin to the next, most retail traders are focused on fast flips and social media-driven pumps. But while the crowd moves from project to ...

Cardano (ADA) and XRP have long been considered go-to assets for strategic crypto portfolios. But as both projects enter a phase of ecosystem expansion and regulatory evolution, many of their ...

Austrian advocacy group NOYB said this week it would seek an injunction against Meta Platforms (META.O) that could lead to billion-euro damages claims if the tech giant goes ahead ...

Here are the top business stories in Cyprus from the week starting May 12: A new chapter in trilateral economic relations between India, Greece, and Cyprus was officially opened on Friday ...

Sony (6758.T) said this week that it expects operating profit to rise 0.3 per cent to 1.28 trillion yen ($8.7 billion) in the financial year ending in March, after factoring in a 100 billion ...