Business

Cypriot football club AEL Limassol on Wednesday announced the renewal and extension of its sponsorship agreement with IC Markets EU, confirming the brokerage firm as a gold sponsor until 2027. The ...

The Cyprus Stock Exchange (CSE) has announced the suspension of trading for two series of bonds issued by AstroBank Public Company Limited, following the bank’s decision to proceed with ...

Pepe Coin (PEPE) has become one of the most popular meme coins, due to its loyal community and a market capitalization of almost $4 billion. However, a new competitor, Little Pepe ($...

The Cabinet on Wednesday approved a new €2.5 million scheme to promote the adoption of electric vehicles in Cyprus, according to Transport Minister Alexis Vafeades. He said the plan aims to ...

As the maritime world marked the Day of the Seafarer on June 25, Columbia Group chose to shine a light on one of the industry’s most pressing issues, harassment at ...

Demetra Holdings Plc reported a profit of €132.5 million for 2024 during its annual general meeting on June 24, with acting chairman Nearchos Ioannou addressing shareholders. Opening the meeting, Ioannou thanked shareholders for ...

In the fast-paced world of cryptocurrency trading, high rewards often come with high risks. You buy highly volatile tokens, you need to keep an eye on the wild swings in ...

Cypriot beverage company KEO plc on Wednesday announced that its board of directors has approved the payment of an interim dividend amounting to €1,687,276.92. This figure, which was decided during a ...

Tax incentives offered to attract international and Cypriot professionals to Cyprus have resulted in €406.6 million in tax exemptions over a three-year period, benefiting 25,277 employees who moved to the island for ...

Cypriot businesses are struggling to fill vacancies across sectors due to a growing labour shortage, according to Philokypros Rousounides, secretary general of the Cyprus Chamber of Commerce and Industry (Keve). ...

Cyprus’ upcoming assumption of the EU council presidency was brought into focus by Deputy Tourism Minister Kostas Koumis during a ministerial meeting held under the Polish presidency in Warsaw. During ...

Cyprus marked the Day of the Seafarer on June 25 with a message of gratitude and solidarity to maritime workers around the world, underlining their critical role in global trade and ...

Britain’s recent increase in inflation could prove to be a longer-lasting plateau rather than a short-term hump, and the Bank of England should be careful about reducing interest rates, ...

Trade unions are raising objections over the privatisation of the Cyprus Stock Exchange (CSE), warning that staff rights have not been fully safeguarded under the draft law currently before Parliament. ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Office of the Commissioner for State Aid Control, has announced the organisation of a presentation focused on state ...

Tesla (TSLA.O) was sued this week by the estates of three people killed last September when their 2024 Model S equipped with Autopilot and Full Self-Driving features crashed on New ...

Goldman Sachs (GS.N) this week announced a firmwide launch of an artificial intelligence assistant, a tool driven by generative AI, to boost productivity, according to an internal memo seen ...

AstroBank on Tuesday announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank. ...

Bitcoin (BTC)’s sharp momentum toward its previous all-time highs has reignited enthusiasm across the crypto sector, but this climb also brings renewed volatility. Traders now find themselves searching for ...

Ripple (XRP) has reclaimed market attention as ETF speculation resurfaces across major news outlets. The narrative of institutional adoption continues to dominate headlines, boosting short-term interest in legacy altcoins. However, ...

Aegean has clinched the title of Best Regional Airline in Europe at the World Airline Awards 2025, extending its remarkable winning streak to 14 consecutive years, according to an announcement released on ...

Dogecoin (DOGE)’s 13% gain sparked by ETF speculation once again highlights how fast meme coins can capture attention. But while headlines focus on price swings, a different category of projects ...

British grocery price inflation rose to 4.7 per cent for the four weeks to June 15, its highest level since February last year, dealing another blow for low-income households, data from market ...

The Central Bank of Cyprus (CBC), which chairs the National SWIFT Users Group (NSUG), held a high-level online meeting on June 20, with the participation of 45 representatives from Cypriot financial institutions ...