Business

Global semiconductor revenue is forecast to reach 800 billion US dollars in 2025, according to the International Data Corporation’s (IDC) worldwide semiconductor technology and supply chain intelligence service. This would represent ...

Deputy Minister of Tourism Kostas Koumis said more time and money must be dedicated to upgrading mountainous Cyprus, stressing that one of the ministry’s main goals is to showcase ...

Global spending on cloud infrastructure services surged in the second quarter of 2025, driven by booming demand for artificial intelligence workloads, ongoing legacy migrations and cloud-native expansion. According to Canalys, part ...

Cyprus records higher digital literacy in towns than in cities People living in European Union cities tend to have stronger information and data literacy skills than those in towns, suburbs ...

Arm Holdings has announced the launch of its next-generation chip designs, called Lumex, which it has optimised for artificial intelligence to run on mobile devices such as smartphones and watches ...

Companies that accumulate and hoard bitcoin and other cryptocurrencies have suffered sharp drops in their share prices as the crypto euphoria that has gripped investors recedes. These companies sell shares ...

In a market crowded with pricey giants like Bitcoin and Ethereum, retail investors are once again asking the big question: what’s the best cheap crypto to buy now? The ...

Deputy Minister of Tourism Kostas Koumis this week met with Athina Spakouri, Head of the Greek National Tourism Organisation’s office in Cyprus. The meeting allowed the two officials to ...

Deputy Shipping Minister Marina Hadjimanolis departed for London on Sunday, following an invitation from her British counterpart to attend London International Shipping Week 2025. According to an announcement by the Deputy ...

Enterprise Europe Network Cyprus this week announced the MADtech Brokerage Event 2025, scheduled to take place in Madrid later this year. The event will be held on October 29 and 30, 2025, at the ...

Wise Wolves Corporation, founded in Cyprus in 2016, has grown into a financial ecosystem with operations across Europe, Asia, the Middle East and the United States.   Yet Cyprus remains both the ...

Apple CEO Tim Cook seemed to be channeling predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company’s slimmest handset yet and the ...

Here are the top business stories in Cyprus from the week starting September 8: Cyprus’ airports reached record-breaking levels of passenger traffic in August, with a combined 1.8 million travellers recorded at ...

Meta Platforms (META.O) and TikTok has won a legal challenge to the way EU regulators calculated a supervisory fee imposed on them under landmark tech rules, but will receive ...

EU-funded researchers are cultivating fungi on agricultural waste to create smarter and greener construction materials able to adapt and react to their environment, and even repair themselves. By Anthony King ...

US producer prices unexpectedly fell in August amid a compression in trade services margins and mild increase in the cost of goods, suggesting that domestic businesses were probably absorbing some ...

For years, investors have asked whether crypto is a good investment. The answer has always been the same: it depends on timing and project fundamentals. Buying the right asset at ...

Larnaca is set to maintain a steady flow of tourists during the winter months, according to current bookings and trends. At the same time, the city’s hotels will all ...

A collateral agreement to pay under the table for an immovable property, in addition to being illegal and void, may also incur criminal liability of the contracting parties, and others ...

The European Investment Bank (EIB) this week announced its commitment to provide €17.5 billion to support energy efficiency improvements across more than 350,000 small and medium-sized enterprises in Europe over the next ...

Business & economy wrap-up from the day before Eurobank Cyprus on Friday confirmed that its merger with Hellenic Bank is now fully underway, marking the creation of the new Eurobank ...

A team from Neapolis University Pafos was recently tanked in 79th place at the ICPC World Finals 2025, held in Baku, and also received the Honours distinction. The ICPC is a ...

Nearly half of new startups are choosing to incorporate outside of Israel, the Israel Advanced Technology Industries Association (IATI) said this week, citing easier regulations in the United States. According ...

Over 150 bosses from Europe’s electric car industry signed a letter this week urging the European Union to stick to its 2035 zero emission target for cars and vans. The electric ...