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.
The European Central Bank (ECB) on Thursday announced a reduction in its three key interest rates by 0.25 per cent.
This brings the deposit facility rate to 2.75 per cent, the main ...
In the 2017 bull run, XRP skyrocketed by 22,500%, turning early investors into millionaires. As the market gears up for another explosive cycle, Morgan Stanley experts are now pointing to a little-known $0.16 ...
Members of Turkey’s parliament were on Wednesday night incensed by the commencement of drilling for natural gas off the coast of Cyprus and a perceived lack of government action ...
Theft and violence against retail workers in Britain soared to record levels last year and are “out of control”, driven partly by criminal gangs, according to a report published on ...
CFA Society Cyprus and the Cyprus Compliance Association (CCA) have announced the signing of a memorandum of understanding (MoU).
According to the announcement, this aims to “elevate transparency and professional ...
The payments industry is undergoing a rapid transformation, with technological innovations like tap-to-pay, blockchain integration, and generative AI shaping its future, according to payments giant Mastercard.
The company on Thursday ...
Logistics and tech company BOX NOW, which has set new standards in last-mile delivery across Greece, is also rapidly expanding into Cyprus.
With substantial backing from Emma Capital Group, BOX ...
Affordable cities are gaining momentum in real estate as shifting work trends and rising demand reshape the market landscape, according to Ask Wire CEO and co-founder Pavlos Loizou.
In a ...
Cyprus saw a substantial increase in loans in December 2024, with a rise of €503.2 million following a decrease the previous month, according to the Central Bank of Cyprus (CBC).
At the ...
The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced the launch of a new initiative to bolster the Cyprus Stock Exchange (CSE).
The commission explained that the aim is ...
A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares that has ...
Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced cars and motorcycles, according to the nation’s economy minister said.
...
As VistaJet continues to grow, two key differentiators driving that expansion are the company’s global reach and the flexibility of its business model. Thomas Flohr, who founded the company ...
ETH might lead the upcoming altcoin season. But will this make you rich? Experts think no! Cheaper coins with higher growth potential are always the preferred million-dollar opportunities. Here, we ...
Cyprus’ Digital Security Authority (DSA), in collaboration with the Shipping Deputy Ministry and the Israel National Cyber Directorate (INCD), this week hosted a conference on maritime cybersecurity.
Titled ‘Charting a ...
As the founder of Panis Media, a growth marketing agency dedicated to propelling startups and tech-enabled organisations to new heights, Panis blends over two decades of experience in digital marketing, ...
The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced the launch of a new initiative to bolster the Cyprus Stock Exchange (CSE).
The commission explained that the aim is ...
Tourism revenue in Cyprus increased by 7.1 per cent in the first eleven months of 2024 compared to the same period in 2023, according to the traveller survey results published on Wednesday by ...
Cyprus’ strong economic performance, including the registration of 2,300 new companies and the relocation of 12,000 employees, was emphasised by Finance Minister Makis Keravnos at an event in Athens, offering Greek businesses ...
Meet the visionaries behind Placy
After my meeting with Sotiris Komodromos, it’s clear that the realm of real estate is on the brink of a tech-driven transformation.
As the ...
The Bank of Cyprus has announced that Caius Capital has reduced its stake in the bank’s share capital to 4.98 per cent.
The announcement was made through the Cyprus Stock ...
Abu Dhabi’s Pure Health Holding has agreed to acquire a majority stake in Hellenic Healthcare Group (HHG), valuing the healthcare provider at €2.2 billion, marking a significant expansion into Cyprus ...
The Association of Cypriot Professionals in Greece (ACPG), which aims to promote innovation and foster collaboration between the two countries, was officially launched on Wednesday.
According to the announcement, this ...
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, ...