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.
Inflation dropped in most economies around the world in 2024, but voters didn’t care.
Angered by the hefty ramp-up in prices for everything from eggs to energy over the past ...
The Paphos Regional Board of Tourism (Etap) has welcomed the signing of a new agreement for the second phase of infrastructure development at Larnaca and Paphos airports.
In a statement ...
Major banks are planning to sue the US Federal Reserve over the annual stress tests conducted by the regulator, CNBC reported on Tuesday, citing a source familiar with the matter.
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A Shiba Inu (SHIB) trader who made $1 million from an initial stake of $102 in the 2021 craze is at it again with a new forecast. This savvy investor, who after following ...
The floating, storage and regasification unit (Fsru) may head out to Greece and moor there for about a year until the LNG terminal in Cyprus is completed, reports said on ...
Euronext said on Tuesday it was experiencing an issue in calculating closing prices for cash instruments and would manually update those prices for the assets that had been affected.
“Euronext ...
Cyprus’ Composite Leading Economic Index (CCLEI), maintained by the Economics Research Centre (CypERC) at the University of Cyprus, recorded an annual increase of 1.2 per cent in November 2024.
This marks the ...
The Paphos Regional Board of Tourism (Etap) has welcomed the signing of a new agreement for the second phase of infrastructure development at Larnaca and Paphos airports.
In a statement ...
Blackbook Agency founder and managing director Eleftheria Voskaridou spoke with the Cyprus Mail about the future of marketing and the key trends shaping the industry in 2025.
With nearly two decades ...
Businesses in Limassol report little change compared to a year ago, according to the autumn 2024 business barometer.
While optimism has improved slightly, labour shortages, rising costs, and Environmental, Social, and ...
Britain’s economy failed to grow during the first three months of Prime Minister Keir Starmer’s new government, official figures showed, adding to signs of a slowdown that has ...
The Cypriot real estate market is expected to face a turning point in 2025, with growth slowing after years of post-pandemic expansion, according to according to property firm Danos International.
The ...
The value of wholesale trade activities in Cyprus saw an increase in the third quarter of 2024 compared to the same period last year, according to the state’s statistical service.
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The Cyprus Securities and Exchange Commission (CySEC) disseminated this week an announcement from the European Securities and Markets Authority (ESMA), emphasising the ongoing risks associated with crypto-assets despite a surge ...
Cyprus’ Fiscal Council released its final 2024 report on Monday, delivering a comprehensive analysis of the nation’s economic trajectory.
While acknowledging the country’s robust growth and fiscal prudence, the ...
Apple (AAPL.O) is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.
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Honda (7267.T) and Nissan (7201.T) are in talks to merge by 2026, they said on Monday, a historic pivot for Japan’s auto industry that underlines the threat Chinese EV makers ...
Cyprus has pledged €7.16 million to the International Development Association (IDA) during a meeting held in Seoul, South Korea, on December 5, 2024.
The commitment is part of a broader fundraising initiative for ...
The Cyprus Securities and Exchange Commission (CySEC) on Monday published a practical guide to help regulated entities meet their obligations in combating the financing of weapons of mass destruction.
The ...
Balram Chainrai has acquired 2.67 per cent of Agros Development Company ‘Proodos’ Public Ltd, the owner of the Rodon hotel in Agros, purchasing 95,974 shares at €3 each, according to an announcement on ...
Cyprus’ apartment market contrasts sharply, with Limassol’s luxury prices reaching €5 million, while Nicosia offers affordable options starting at €50,000, according to real estate analytics firm Ask Wire.
The firm explained ...
The Cypriot government and Hermes Airports signed a new agreement on Monday, extending the management of Larnaca and Paphos airports until 2033.
The deal resolves longstanding financial disputes and paves the ...
Operating expenses may easily spiral out of control for firms, with business energy waste frequently playing a subtle but substantial role. Energy waste management inefficiency raises electricity costs and hurts ...
Cyprus’ Fiscal Council released its final 2024 report on Monday, delivering a comprehensive analysis of the nation’s economic trajectory.
While acknowledging the country’s robust growth and fiscal prudence, the ...