Business

The former contractor for the liquefied natural gas (LNG) project at Vasiliko on Thursday laid the blame squarely on the Cypriot side, accusing it of incompetence and of often acting ...

Dogecoin (DOGE) and Pepe (PEPE) ride on memes and social buzz. Mutuum Finance (MUTM) is preparing to ride on mechanics that translate real usage into measurable growth. Where DOGE and ...

Liquidity in crypto refers to how easily you can buy or sell an asset without significantly affecting its price. High liquidity means smoother trading, fairer prices, and more stable markets. ...

The European chief public prosecutor’s office (EPPO) on Thursday confirmed that it had launched an investigation into the Great Sea Interconnector project, which has been planned to link the ...

The cryptocurrency market is shifting as investors weigh whether established names can still deliver strong returns or if the biggest opportunities now lie with emerging tokens. Cardano (ADA), once seen ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday welcomed the introduction of financial literacy in primary and secondary schools, calling it an essential step for the country’s ...

The Cyprus Development Bank (CDB bank) on Thursday issued a clarification regarding media reports suggesting that the company may be the subject of an acquisition. “There is nothing specific to ...

Non-profit organisation TechIsland on Thursday announced that it has distributed 615 air purifiers to households in wildfire-hit villages in Cyprus, as part of the collective programme announced in July in response ...

The Cyprus competition commission on Thursday confirmed reception of a notification that Alpha Bank S.A., either directly or through Alpha Finance Investment Services S.M.S.A., intends to ...

The Cyprus Securities and Exchange Commission (CySEC) announced the dissolution and liquidation of Wanterfell Investment AIFLNP V.C.I.C. Ltd following the total redemption of its units. The fund, ...

Retail trade volume in Cyprus rose strongly in July 2025, Eurostat data showed on Thursday, outperforming the broader euro area and European Union. In the euro area, the seasonally adjusted retail ...

The Consumer Price Index (CPI) in Cyprus increased by 0.39 points in August 2025, reaching 117.04 units compared with 116.65 units in July 2025, according to a report from the state statistical service. Despite this ...

Greek retailer Jumbo posted an 8 per cent year-on-year increase in sales for the January–August 2025 period, as August maintained the group’s upward across all markets despite inflationary pressures, higher ...

Cyprus is on track to surpass last year’s record tourism revenues and arrivals, after posting the strongest growth among its Euro-Mediterranean peers in the first half of 2025. The statistical ...

The Bank of Cyprus on Thursday announced that the European Bank for Reconstruction and Development (EBRD), its last remaining legacy shareholder, has sold its entire stake in the lender. The ...

Nicosia is pressing ahead with two major projects, the future of the old state fair grounds and the Sopaz redevelopment. According to a report from Philenews, the municipality is treating ...

The anti-corruption authority on Thursday corroborated attorney-general George Savvides’ position that he never received three “corruption cases” from it regarding alleged irregularities at the Vasiliko natural gas (LNG) import terminal. “...

The Cypriot government has approved an additional €12 million for an affordable housing project in Strovolos, the Interior Ministry said this week. The scheme, to be carried out by the Cyprus ...

Demetra Holdings Plc on Thursday announced that it proceeded with the repurchase of 3,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd. The company stated that the ...

Consumer credit costs in Cyprus rose in July 2025 while overall new lending volumes fell sharply, according to the latest statistics released by the Central Bank of Cyprus. The figures, published ...

What it means for landlords and tenants By Pavlos Loizou, CEO of Ask Wire Interviewer: Andreas, whose house is this?  Andreas: Mine.  Interviewer: Who lives in it?  Maria: I do. ...

Bank employees’ union Etyk has issued a circular addressing growing speculation surrounding a potential takeover of the Cyprus Development Bank (CDB bank), stressing that it is monitoring developments closely. Etyk ...

The Cyprus Stock Exchange has announced that the shares of iDNA Genomics Public Ltd will continue to be presented with a special flag on the New Market due to significant ...

XRP’s climb to $2.7 has put it back in headlines, yet it remains exposed to the same issues that have held it back for years. Despite its recovery in price, ...