Business

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 ...

Contactless card payments in Britain could exceed a 100-pound ($135.35) limit under new proposals outlined by the markets regulator this week. The Financial Conduct Authority (FCA) said it was proposing giving ...

The contractual framework of the electricity market rules was signed on Friday, paving the way for the commencement of the commercial operation of the competitive electricity market. The contract allows ...

The crypto market has a long history of transforming unknown projects into household names almost overnight. MATIC, once an overlooked altcoin trading for pennies, later surged to become one of ...

In 2025, crypto market attention is shifting. Shiba Inu (SHIB), long a token of meme-coin momentum, is now attempting to climb back after dropping below the top 20 in terms of market ...

For years, ADA has been one of the most closely watched crypto coins, yet its price movements often leave investors frustrated. Extended periods of sideways trading have made many question ...

With Cyprus experiencing unprecedented growth in solar energy adoption, Operation and Maintenance services are becoming crucial for the island’s energy transition. Lighthief International, which offers operation and maintenance for ...

Low-cost carrier Wizz Air on Friday announced that it will host two open day events for pilots and aspiring pilots in Larnaca this September. According to the announcement, both sessions ...

Limassol will host two major international trade union events in September, placing Cyprus at the centre of global maritime discussions. According to Omepege – Sek, which supports their organisation and represents ...

Bioland Promithia, part of Bioland Energy Group Ltd – one of the largest and fastest-growing renewable energy producers in Cyprus – has announced its participation in the Competitive Electricity Market (CEM), which ...

Britain launched a new package of Russia-related sanctions on Friday, targeting ships carrying Russian oil, as well as companies and individuals supplying electronics, chemicals and explosives used to make Russian ...

Telecommunications provider Cyta on Friday announced the departure of Andreas Neocleous from his role as chief executive officer, effective September 12, 2025. “During his tenure as CEO, Neocleous contributed decisively to Cyta’...

Rising construction costs and their knock-on effect on the housing shortage were at the centre of talks held in Brussels by Stephanos Pierides, secretary general of the Federation of Associations ...