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.
Developers at leading US AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to poke holes in the notion that their multi-billion dollar ...
The Cyprus Property Developers Association and Interior Minister Constantinos Ioannou met this week to discuss a number of issues impacting Cyprus’ housing sector.
These include delays in planning permits and ...
Hellenic Bank is preparing to launch a new voluntary early retirement scheme aimed at reducing its workforce by a substantial number of employees, with completion targeted by the end of 2025, ...
The Cyprus Composite Leading Economic Index (CCLEI), compiled by the Economics Research Centre of the University of Cyprus (CypERC), recorded a year-on-year increase of 2.3 per cent in December 2024.
This marks ...
To tackle traffic congestion and improve urban development, the municipalities of Limassol, Amathus, and Polemidia have teamed up on a collaborative spatial planning initiative, aimed at enhancing the city’s ...
Cypriot natural gas will be extracted from under the sea for the first time in 2027, Energy Minister George Papanastasiou said on Monday.
Speaking to Politis radio, he said he expects ...
A clear majority of British businesses look set to cut the size of pay awards for staff in response to coming tax hikes and they remain pessimistic about the outlook ...
Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from ...
Global economic policymakers had been braced for an economic firestorm from the new US administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric ...
Lawmakers on Monday began discussing two government bills aimed at boosting the stock of residential units and providing affordable housing, but not all were convinced this was enough to drive ...
The cryptocurrency world is hype; investors always look for tokens that can yield great returns. In 2025, some coins under $2 will draw attention because they look promising. Among the most compelling ...
Bitcoin fell below $100,000 on Monday, hitting its lowest in 11 days, in a move analysts attributed to a wave of caution after the surging popularity of a Chinese artificial intelligence model ...
Investors hammered technology stocks on Monday, sending the likes of Nvidia (NVDA.O) and Oracle (ORCL.N) plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts ...
Fuel sales in Cyprus showed a slight increase in 2024, with petrol station sales rising 2.4 per cent to 682,790 tons compared to 2023, according to a report released by the state’s statistical ...
Cypriot natural gas will be extracted from under the sea for the first time in 2027, Energy Minister George Papanastasiou said on Monday.
Speaking to Politis radio, he said he expects ...
A strong Ripple alternative has entered the crypto scene and is gaining significant attention. It offers a unique utility and can deliver remarkable returns like XRP. A notable investor has ...
Environmental, social, and governance (ESG) criteria are important factors when shaping a company’s strategy and brand image, according to the results of survey by Action Global Communications.
The study, ...
Chairman of TechIsland and General Manager at Wargaming, Valentinos Polykarpou, has played a key role in turning Cyprus into a burgeoning tech hub.
Over the past three and a half ...
The number of entities supervised by the Cyprus Securities and Exchange Commission (CySEC) has grown by 11.8 per cent over the past five years, according to the commission’s chairman George ...
Investors are increasingly eyeing Nicosia’s centre, where developments in universities, hotels, and office spaces signal revitalisation of one of Cyprus’ most historic areas.
Recent local initiatives and rising investor ...
Takeover bids for public companies listed on the Cyprus Stock Exchange (CSE) have proven major drivers for activity, often offering prices significantly higher than market value and revitalising investor interest.
...
The anticipation of receiving an online purchase can often be laced with anxiety. The moment you see that your item has been shipped, the waiting game begins, punctuated only by ...
As always, there has been a new influx of tokens in cryptocurrency, with some gaining considerable traction. While many follow tokens like Pepe, other new projects, such as Rexas Finance, ...
As the CEO of EnergyIntel, I take immense pride in sharing our journey of innovation and our vision for a sustainable energy future. In an age where sustainability is no ...