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 Girls in STEAM Academy, in collaboration with Cyta, on Monday announced the launch of a new programme titled Etimes (Ready).
This new initiative is aimed at supporting young women ...
The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular reminding Cyprus Investment Fund Managers (CyIFMs) of their obligations regarding the compliance of their websites and marketing communications.
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In an era where financial systems are undergoing historic convergence, few individuals embody the transition from traditional banking to digital assets as comprehensively as Eugene Ng. With nearly 15 years of ...
One of the biggest tech and entrepreneurship events for start-ups, investors and decision-makers is returning for its annual event. Reflect Festival 2025 is back, making Limassol a global hub of ideas, ...
The Bank of Cyprus, along with its subsidiaries, on Monday announced the signing of a binding agreement to acquire 100 per cent of Ethniki Insurance Cyprus Ltd from Ethniki Hellenic General ...
Cyprus airports are set for another record-breaking year, with 55 airlines scheduled to operate flights to and from 158 destinations across 39 countries this summer, according to Hermes Airports’ Maria Kouroupi.
The company, ...
The success of a party in a case, as well as their procedural conduct, are factors that the court takes into account in awarding costs.
The law grants the court ...
A large-scale mixed-use development is planned for the site of the historic KEAN factory in Limassol, with the project currently under public consultation by the environment department.
The Environmental Impact ...
An escalating global tariff war could provide challenges for the emerging data centre sector and cause slower growth, Laura Cozzi, the International Energy Agency (IEA) Director of Technology told Reuters.
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At a scary moment when almost no place in global markets looks safe, Germany’s recently rocky government bonds may be one of the few true havens left.
A week ...
Despite facing persistent structural challenges, the Cypriot manufacturing industry continues to demonstrate remarkable resilience in the face of international turbulence, according to the Employers and Industrialists Federation (Oev).
Moreover, the ...
Taiwan’s Foxconn (2317.TW) sees Japan as a big opportunity for growing its electric vehicle business and hopes to agree on partnerships with Japanese companies as soon as possible, an ...
Global shipments of personal computers rose 9.4 per cent in the first quarter of this year as PC makers boosted consignments to the United States in anticipation of President Donald Trump’...
Norway’s $1.7 trillion sovereign wealth fund, the world’s largest, will remain calm in the face of turbulent times, upholding a long-term investment strategy that is widely agreed upon, the ...
With world markets responding to changing U.S. trade policies, investors are turning to the cryptocurrencies to find stability and growth. Cardano (ADA) climbed from $0.56 to $0.63 after the announcement of ...
The crypto market has exploded into 2025, with investors turning again to strategies that made millionaires in past rallies. The legend of XRP that came about in the 2017 bull run showed ...
With the crypto market at a critical juncture, investors are keen to find those assets that are likely to provide continued growth. While Cardano (ADA) and Ethereum (ETH) continue to ...
Here are the top business stories in Cyprus from the week starting April 7:
Cyprus has the potential to become a key location for data centres, according to Andreas Poullikkas, an ...
Alphabet’s (GOOGL.O) this week unveiled its seventh-generation artificial intelligence chip named Ironwood, which the company said is designed to speed the performance of AI applications.
The Ironwood processor ...
Amazon.com (AMZN.O) is considering a $15 billion warehouse expansion plan for about 80 new logistics facilities in US cities and rural areas, Bloomberg News reported this week, citing people familiar ...
British house prices unexpectedly fell in March, according to data from mortgage lender Halifax which represented the latest sign of a cooling in the market after a rush to buy ...
The price of XRP shows minimal growth after a recent 15% rise because the crypto market volatility made it slow down from its target at the $2 resistance point. The currency currently ...
U.S. President Donald Trump’s administration granted exclusions from steep reciprocal tariffs to smartphones, computers and some other electronics imported largely from China, providing a big break to tech ...
Dogecoin’s 70% price crash from December 2024 to now has sent investors looking for replacements. Having once been above $0.46, DOGE now sits around $0.1475 during a wider memecoin market crash that saw $76 ...