Business

Cyprus inflation rate far outpaces EU average at 4.4 per cent in July Cyprus recorded annual inflation of 4.4 per cent in July 2026, placing it among the countries with the highest price ...

GlobalWealth Group PLC announced on this week that its shares are now available for trading through the Wealthyhood investment platform, opening access to the Cyprus Stock Exchange-listed company to eligible ...

Cyprus’ construction material prices rose further in July, driven by sharp annual increases in electrical fixtures, plastics and aluminium products, according to figures released by the statistical service (Cystat). The ...

Cyprus has opened a public consultation on changes to its minimum tax rules for large multinational and domestic business groups, with the proposed amendments aimed at bringing national legislation fully ...

The Cyprus Securities and Exchange Commission (CySEC) has informed Cyprus fund managers that European regulators are launching an EU-wide review of how investment firms manage risk, with local checks expected ...

Apple will change rules governing how app developers can use personal ​data for targeted advertising on iPhones and iPads, ‌Germany’s competition authority said on Monday, closing a years-long investigation. ...

Businesses and organisations from Cyprus and Croatia will come together in Limassol on September 25, 2026, for a business and innovation forum aimed at strengthening cross-border cooperation and creating new opportunities in ...

Artificial intelligence could significantly improve the monitoring of financial stability risks by identifying potential economic and financial threats before they materialise through the analysis of millions of financial news reports, ...

Cyprus has broken into Europe’s ten largest video game industries by revenue, with more than 400 companies on the island generating an estimated €3.2 billion from games in 2025. The finding comes ...

The global video surveillance market grew by 4.3 per cent to $27 billion in 2025, according to a repor from research firm Omdia, as rising demand from artificial intelligence data centres and changing ...

Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a sprawling data center in Ohio ​being developed by SoftBank-owned SB Energy, in one of ...

Anthropic’s annual revenue run rate topped $65 billion by the end of July, a person familiar with ​the matter said on Monday, underscoring the Claude ‌creator’s rapid growth ahead ...

Retail investors who spent weeks defending SpaceX through its post-IPO run turned net sellers ‌on Friday, marking the first such instance since the company’s blockbuster debut in June. Mom-and-pop ...

British grocery price ‌inflation eased to its lowest level since October 2024 in August, market researcher Worldpanel by Numerator said on Tuesday, offering more respite to households grappling with elevated living ...

A selloff in U.S. government bonds ​picked up pace on Tuesday, sending the 30-year Treasury yield to a near two-decade high as ‌fears of an escalation in the Middle ...

Most people in Cyprus know little about the digital euro and fewer than four in ten are ready to use it, with fears over the monitoring of transactions and the ...

Merchant ships are now taking fire at both maritime gateways to the Middle East and in the Black Sea, leaving crews exposed across three of the world’s most important ...

Seven-month tourism decline narrows to 8 per cent as summer season steadies Tourist arrivals to Cyprus fell by 1.1 per cent in July, but a 55.8 per cent jump in visitors from Israel ...

DP World Limassol completed its annual two-month internship programme, giving four undergraduate students hands-on experience in port operations and the wider maritime sector. Now in its sixth consecutive year, the ...

Crypto users in Cyprus are being urged to check exactly which company holds their assets after the end of the EU’s Markets in Crypto-Assets Regulation, known as MiCA, transition ...

Cyprus has broken into Europe’s ten largest video game industries by revenue, with more than 400 companies on the island generating an estimated €3.2 billion from games in 2025. The finding comes ...

Cyprus has already embraced mystery boxes, spinning wheels and online auctions. Live-shopping platforms are taking those familiar retail tricks and turning them into a nightly show. At the Mall of ...

The surge in energy prices following Russia’s invasion of Ukraine significantly reduced bank lending to energy-intensive companies, according to an ECB working paper, with the study concluding that firms ...

Seasonally adjusted services production in both the euro area and the European Union increased by 0.8 per cent in May 2026 compared with the previous month, according to a report from Eurostat. ...