Business

The European Union has imposed new sanctions on nine individuals and six entities for their involvement in destabilising actions linked to Russia, including campaigns of foreign information manipulation and interference. ...

Cyprus’ industrial production showed no change in May 2025, compared with the same month a year earlier, according to Eurostat, the statistical office of the European Union. This followed sustained growth ...

Demetra Holdings Plc on Wednesday published its investment portfolio report for the second quarter of 2025, revealing a total asset value of €528.64 million as of June 30, 2025. According to the report, cash ...

The Wellington Management Group has reduced its stake in Bank of Cyprus Holdings Public Limited Company, falling just under the 4 per cent threshold, according to a filing submitted to the ...

Cyprus has been classed as a moderate innovator in the European Innovation Scoreboard (EIS) 2025, recording a 17.6 per cent improvement since 2018, the fourth highest growth in the EU over the past ...

The global biotechnology market stands poised to reach an unprecedented $5.85 trillion by 2034. The compound annual growth of 13.6% from its current $1.64 trillion valuation tells only part of the story. Beneath these ...

European Central Bank supervisors are focusing on issues ranging from tariffs to cyber attacks and a possible dollar shortage as they assess potential risks to the region’s banking industry, ...

The Ygia Group this week announced that it has completed the acquisition of Eden Medical Center, making it the largest private provider of inpatient care in Cyprus, with more than 270 ...

Road freight transport across the European Union remained steady in 2024, reaching a total annual volume of 1 869 billion tonne-kilometres. This marked a slight increase from 1 857 billion in 2023, amounting to a marginal ...

Cyprus has recorded a sharp drop in its innovation performance for 2025, the European Innovation Scoreboard announced on Tuesday. According to the report, Cyprus fell by 14.6 points compared with 2024. Its score ...

If you had bought just $500 worth of Ethereum (ETH) back in 2015 when it was priced at $0.30, that investment would now be worth more than $6 million. But the truth is, most ...

Avalanche (AVAX) has grabbed attention with a sharp 15.75% gain over the past week. While traders are celebrating short-term price action, institutional wallets are already moving on. In a cycle where ...

The Appeals Court has ruled in favour of the Central Bank of Cyprus (CBC) in a case concerning the non-retroactive payment of salary increments to two of its employees, overturning ...

Shiba Inu (SHIB), once the king of meme coin rallies, is now being doubted even by its most die-hard fans. “Diamond-hand” investors, known for holding through market chaos, are no ...

There are only a few moments in the crypto cycle when an undervalued token offers high conviction, working mechanics, and serious upside—all before launch. Right now, Mutuum Finance (MUTM) ...

The recently enacted law helping ‘trapped buyers’ to get a title deed “restores people’s confidence and safeguards the fundamental right to property”, the borrowers association said on Tuesday. The ...

The construction sector in Cyprus recorded robust growth in 2023, with value added rising by 9.4 per cent compared to 2022, according to the results of a survey released on Tuesday by the ...

Limassol continues to dominate the Cyprus rental market with the highest average asking rent at €3,057 per month in July 2025, while Larnaca offers the most affordable options at €1,277, according to a ...

The Research and Innovation Foundation (RIF) has opened nominations for the 2025 Cyprus Research Awards, marking the 18th consecutive year of honouring young and distinguished scientists in Cyprus.   The awards aim ...

Cyprus-based game developer and publisher GDEV was included in the latest Drake Star Global Gaming Report for the second quarter of 2025, with valuation metrics that signal stability and strong fundamentals ...

Thanos Michaelides, president of the hoteliers association (Pasyxe), called for a stronger push into new tourism markets, as the United Kingdom, Israel and Poland together accounted for 53 per cent of ...

The labour dispute in Cyprus’ hotel industry may take a decisive turn today, as employers and unions remain at odds over the collective agreement signed in December 2024. The two sides ...

Lordos Hotels (Holdings) Public Ltd has confirmed that it posted the agreed dividend to shareholders on Tuesday, July 15. The company made the announcement through a filing to the Cyprus Stock ...

The Cyprus Cement Public Company Ltd on Tuesday announced the repurchase of 2,500 of its own shares, in accordance with the decision taken at its Extraordinary General Meeting of shareholders held ...