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 Interior Ministry has announced that an online platform for the ‘Renovate & Rent’ scheme will go live on Wednesday, April 9 at 12:00 noon.
Available at www.prositistegi.cy, the platform ...
President Nikos Christodoulides on Tuesday asked American multinational technology company Amazon to “participate substantially in Cyprus’ digital ecosystem”.
Speaking after a meeting between Christodoulides and Amazon’s senior vice president ...
Artificial intelligence has become an essential part of the production pipeline at Game Gears, a studio under Cyprus-based company GDEV
According to CEO Alexander Vaschenko, the use of GenAI has ...
The production in the construction sector in Cyprus saw a notable increase of 3.5 per cent in 2024 compared to 2023, according to the latest data released by the state statistical service this ...
The InvestPro Cyprus Limassol 2025 conference, held on Monday in Limassol, successfully brought together industry leaders, decision-makers, and financial experts to discuss the future of business and investment in Cyprus.
The ...
The Industrial Turnover Index in Cyprus reached 128.1 units in January 2025, with 2021 serving as the base year set at 100 points.
This marked a 5.8 per cent increase compared with January 2024, according to ...
The Cyprus Stock Exchange (CSE) has announced its closure on several upcoming dates in line with public and bank holidays.
Investors and market participants have been informed that the exchange ...
US President Donald Trump threatened to further increase tariffs on China on Monday, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars ...
With PayPal now officially supporting Solana (SOL), currently priced at $125, and Chainlink (LINK) at $13, the spotlight is on these two established altcoins, both of which are seeing massive growth due ...
In a rapidly shifting crypto market, savvy investors are diversifying their portfolios and looking beyond established giants like Solana (SOL), priced at $125 and Dogecoin (DOGE), which is currently trading at $0.072. ...
As Cardano (ADA), currently priced at $0.33, continues to establish its foothold in the blockchain space, the question on many investors’ minds is whether it can hold its ground against a ...
PwC Cyprus has introduced a series of paid leave policies aimed at supporting its employees during significant life events related to reproductive health.
According to an official announcemnet, these new ...
Cyprus saw a 14.8 per cent decline in total beer sales in March, when compared to the same period in 2024, according to the latest data released by the state statistical service ...
Although forex is widespread in Europe and there are many forex brokers traders can use, there are a few limitations. The EU has very strict regulations for forex, so traders ...
The credibility and global recognition that Cypriot shipping enjoys today stems from decades of steady investment in maritime infrastructure and know-how.
That legacy now continues through Thomas Kazakos, who after ...
Schwarzwald Capital, a Cyprus-based venture capital firm with a focus on fintech and the creator economy, announced on Monday a strategic investment in Vesta, a specialist in fraud prevention and ...
The Cypriot economy and banking sector remain resilient despite intensifying geopolitical instability and rising global trade tensions, according to Christodoulos Patsalides, governor of the Central Bank of Cyprus (CBC).
In ...
The renovation of the historic Berengaria Hotel in Prodromos is sparking renewed investor interest in Cyprus’ mountain communities, with developers now turning their focus to Platres, Agros and Kakopetria.
Speaking ...
Cyprus’ high-end property market experienced a significant recovery in February 2025, with the 50 largest transactions across the island totalling €64.8 million, according to a report released on Monday by real estate analytics ...
Honoring a legacy, forging a new icon in the Dolomites
ACCOR, Invel Real Estate and PRODEA Investments proudly announce the signing of Hotel Bellevue Cortina d’Ampezzo, Emblems Collection, marking ...
By Sergei Ivanov, Michael Pelosi, Fabian Cabeza
Introduction – Global legislation trends on real estate tokenization: In March 2025, the Dubai Land Department (DLD) made major headlines by launching a pilot project ...
Wizz Air will launch flights from Cyprus to one new destination this summer as it says it is preparing for its biggest season ever on the island.
Flights will start ...
Deputy Minister for Shipping Marina Hadjimanolis paid a visit to New York from April 3 to 5, as part of efforts to promote Cypriot shipping, according to an announcement released on Monday.
...
Aegean Airlines is stepping up efforts to help position Cyprus as a year-round destination, strengthening its presence on the island with a new Larnaca-Rome route and increased seat capacity.
Speaking ...