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 Bank of England (BoE) is open to discussions with Britain’s government about new ways to help boost economic growth by paring back regulatory requirements for the financial services ...
Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump’s name cooled on Tuesday, after the US president’s first set of policies following his inauguration made ...
In the early days of 2025, the world of cryptocurrencies remains rather active. DOGE is also can be pointed out as the meme cryptocurrency; however, having experienced a considerable decline, it ...
Short selling might sound like an insider’s game, but it’s essentially a bet. Investors borrow shares, sell them, and hope to buy them back at a lower price. ...
The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...
Cyprus Property Developers Association director general Mersina Isidorou has called for reforms to jointly-owned buildings laws, as the House reviews new legislation to tackle regulatory gaps.
She pointed out that ...
Consulting and advisory firm PwC Cyprus on Tuesday shared the results of the company’s annual global CEO survey, which showed that almost 60 per cent of company heads expect global ...
The Asian financial crisis of 1998 presented an unlikely backdrop for launching a new business venture. Yet for Vijay Eswaran and Joseph Bismark, this period of economic uncertainty sparked the creation ...
In a major announcement, Echoworx, a global leader in cloud-based email encryption, has partnered with SwissSign, a renowned Swiss trust service provider, to transform email security in Germany, Austria, and ...
The Central Bank of Cyprus (CBC) has taken significant steps in the past two years to strengthen the financial resilience of the nation’s banking system.
These measures, detailed in ...
The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the launch of the EcoSMEnergy project.
The project, co-funded by the European Union under the LIFE Programme, aims to ...
Israel’s monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank of Israel said on Monday in the ...
Having worked with Hellenic Bank for four years, Cyprus Public Transport is convinced it chose the most reliable partner.
Julio Tironi, CEO of Cyprus Public Transport, said the company started ...
US President Trump said he could impose 25 per cent tariffs on Canada and Mexico from Feb. 1, sending shares of several Asian automakers and battery firms lower in trading on Tuesday.
...
The prices of building materials in Cyprus dropped by 0.81 per cent in 2024 compared to 2023, according to a report released this week by the state’s statistical service.
The service reported ...
Capital markets will continue to be influenced by the demands of the digital transition, the rise of artificial intelligence, as well as new regulatory requirements, according to CySEC chairman George ...
Greece’s current account deficit shrank slightly in November compared to the same month in 2023, helped by robust tourism revenues, the Bank of Greece said on Monday.
Central bank data ...
By Mike Peacock
Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax rises or public spending cuts to placate ...
Average asking prices for newly listed homes in Britain had their biggest start-of-the-year increase since 2020 but uncertainty about the pace of interest rate cuts is hanging over the market, property ...
In a rapidly evolving crypto market, a standout prediction has caught attention. Artificial intelligence forecasts a 98% likelihood for Rexas Finance (RXS), a rising Dogecoin (DOGE) alternative, to secure a spot ...
The Paphos regional tourism board (Etap) has passed on the European Cultural Tourism Network (ECTN) presidency to Romania’s Sibiu tourism association after a Dublin-held election.
The changeover comes after ...
The bill for the privatisation of the Cyprus Stock Exchange (CSE) is undergoing legal review and is expected to reach the House for a vote in February, it emerged on ...
Overnight stays in Cyprus increased by 5.5 per cent in 2024 according to Eurostat.
This lists the Republic among the four EU countries with the greatest increase in short term rentals compared ...
The pound hit a fresh five-month low versus the euro on Monday, even as it rose against a weakening dollar, as recent economic data and comments from a Bank of ...