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.
Oil prices rose 1 per cent on Monday on worries over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar.
Brent crude was up 62 cents, or 0.9 per ...
The Cyprus Employers and Industrialists Federation (Oev) has urged lawmakers to speed up work on a long-delayed bill regulating the management of co-owned buildings, warning that the legislation affects thousands ...
Cyprus’ seasonally adjusted unemployment rate climbed to 5 per cent in July 2025, rising slightly from 4.7 per cent in June and 4.7 per cent a year earlier, according to Eurostat figures released on ...
The year 2025 has reignited global interest in earning passive income through cryptocurrency. Bitcoin continues to dominate as the world’s most recognized digital asset. At the same time, Dogecoin—once ...
The merger between Hellenic Bank and Eurobank Cyprus began today, September 1, 2025, with the transfer of all assets and liabilities of Eurobank Cyprus to Hellenic Bank.
At the same time, the ...
Starting a business in the UK is exciting, but getting the company formally set up can feel more complicated than it should.
A lot of people get stuck on the ...
The Cyprus Securities and Exchange Commission (CySEC) on Monday launched a new quiz designed to help investors assess their ability to recognise investment fraud.
According to an official announcement, the ...
Chief Scientist Demetris Skourides recently carried out an introductory visit to the SOZO Brain Center in Cyprus, according to an announcement released on Monday.
The visit allowed Skourides to review ...
Cubic Games, part of Cyprus-based GDEV, is focusing on community-driven growth for its hit title Pixel Gun 3D rather than on traditional traffic acquisition marketing, according to chief marketing officer ...
Safe Bulkers Inc., listed on the New York Stock Exchange and led by Cypriot CEO Polys V. Hajioannou, has extended the application deadline for its 5th Annual Scholarship Programme for ...
Good practice and honesty do not allow a party to vary a term in an agreement that two parties have reached in order to deceive the other party and transfer ...
Greek Foreign Minister Giorgos Gerapetritis said he is “satisfied and proud” with progress made on the Cyprus problem in recent months.
“The efforts made by the Greek foreign ministry at ...
The Middle East smartphone market recorded remarkable growth in the second quarter of 2025, according to new research from industry analysts Canalys.
Excluding Turkey, shipments in the region rose by 15 per ...
Dell raised its annual revenue and profit forecasts on Thursday, buoyed by demand for its artificial intelligence-optimized servers that are powered by Nvidia’s advanced chips.
Shares fell around 5 per ...
Public cloud services spending in Europe is set to total $229 billion in 2025 and is projected to reach $452 billion by 2029, according to the Worldwide Software and Public Cloud Services Spending Guide ...
Oil prices fell on Friday but are set for a weekly gain, caught between expectations of lower demand as the end of summer nears in the United States, the world’...
Apple said on Thursday Britain’s plans to increase competition in the mobile operating system market could harm users and developers, and potentially force the company to share its technology ...
Smart money is shifting focus toward XRP after a bullish pennant pattern has been confirmed on crypto charts. This setup, often associated with strong rallies, is hinting at XRP’s ...
Trump’s administration is currently vetting 11 names to potentially replace Jerome Powell as Federal Reserve Chair in May 2025. At least three of these candidates have already signalled openness to crypto, ...
Ether ETFs are now drawing capital faster than ever, and in the last five days, they have attracted $1.83 billion, compared to Bitcoin ETFs which attracted only $171 million. Investor confidence is ...
The resilience of Cyprus’ electricity system is emerging as a critical priority, according to energy systems expert and former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas.
Speaking on the evolving ...
Resurgent European bank shares, up over 40 per cent this year, face testing times with sentiment already being challenged by renewed French uncertainty.
Still, investors may find it hard to ignore ...
Here are the top business stories in Cyprus from the week starting August 25:
A Europe-wide survey has ranked Cyprus fifth for expat entrepreneurs, citing its strong startup density and solid ...
The number of passengers passing through British airports in April to June rose to a record 81 million, beating the pre-pandemic high for the period, Britain’s aviation regulator said on ...