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.
Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to ...
Cyprus-based mobile game developer Top App Games Ltd announced on Tuesday that its hit title Ludus: Merge Arena has surpassed 8 million installs worldwide, underscoring the island’s growing role in ...
As cryptocurrency mining continues to evolve, free crypto cloud mining apps have become a practical entry point for beginners and a low-risk testing ground for experienced users. Instead of buying ...
Hourly labour costs in Cyprus rose by 3.5 per cent in the third quarter of 2025, compared with the corresponding quarter of the previous year, according to provisional data released by the ...
Greece has paid off ahead of schedule debt worth 5.3 billion euros ($6.22 billion) that had been due after 2031, two government officials said.
Monday’s payment would allow Greece to save 1.6 billion ...
The Central Bank of Cyprus (CBC) on Tuesday reported a sharp improvement in loan quality across the Cypriot banking sector, alongside a decline in profitability, reflecting changing conditions across the ...
Cyprus among EU leaders in GenAI use
Cyprus ranked among the leading countries in Europe for the use of generative artificial intelligence in 2025, according to Eurostat, highlighting the island’s ...
Cyprus’ social spending drops to 19.2 per cent of GDP in 2023
Social protection expenditure fell as a percentage of Gross Domestic Product (GDP) in 2023, even as the total spending increased in ...
Eurobank highlighted the importance of embedding environmental, social and governance (ESG) principles into core business strategy rather than treating them as a communications exercise, during its participation in the 4th ...
At the recent Solana Breakpoint conference, Ripple executives made it clear that XRP’s future is no longer confined to the XRP Ledger (XRPL). Instead, Ripple is repositioning XRP as ...
Cypriots made more than 237,000 trips abroad for business purposes in 2024, while Cyprus itself recorded close to 279,000 business-related arrivals by foreign visitors over the same period, according to the Cyprus Statistical ...
Cyprus continued to record relatively low levels of payment fraud in 2024, even as European banking supervisors warn that the overall risk landscape is evolving, with criminals increasingly shifting tactics rather ...
The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday welcomed the signing of a new strategic agreement between Cyprus and France.
In its announcement, the chamber said that the ...
Cyprus recorded strong growth in industrial production in October 2025, outperforming the euro area and EU averages, according to new figures released this week by Eurostat.
Eurostat reported that in October 2025, ...
After a stellar 2025, investors expect shares in European banks to keep heading higher in 2026, supported by strong earnings and, crucially, cost savings stemming from artificial intelligence.
As fears of a ...
Cyprus recorded one of the largest deficits in personal transfers in the European Union during 2024, according to Eurostat, highlighting the scale of money flowing out of the country to households ...
Cyprus and Vietnam further strengthened their bilateral ties on Wednesday with the signing of a double tax treaty.
The agreement, signed at the finance ministry in Nicosia, aims to boost ...
The Bank of England looks set for a knife-edge vote on interest rates this week with Governor Andrew Bailey expected to change his view and tip the balance for a ...
iRobot (IRBT.O), the maker of the Roomba vacuum cleaner, has filed for bankruptcy protection, saying that it would go private after being bought by Picea Robotics, its primary manufacturer.
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With the overall recovery of the crypto market, XRP is gradually approaching key technical levels. Multiple analysts point out that once this area is broken, XRP may experience a new ...
Bitcoin bouncing from recent levels has brought short-term relief to the market, but it has also triggered a familiar pattern. When BTC stabilizes instead of accelerating, investors often begin scanning ...
The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns about frothy valuations and an AI bubble.
Still, investors ...
The British public’s expectations for inflation inched lower in November, according to a Bank of England survey.
The public’s median expectation for the rate of inflation in the ...
Cyprus and Vietnam further strengthened their bilateral ties on Wednesday with the signing of a double tax treaty.
The agreement, signed at the finance ministry in Nicosia, aims to boost ...