Business

The Cyprus Securities and Exchange Commission (CySEC) this week issued two separate announcements relating to regulatory action and fund liquidation. In a decision made during its meeting on February 2025, the ...

The total weight of goods transported by road within Cyprus, as well as the weight of freight moved to and from the island, increased in 2024 compared to 2023, according to the ...

Freedom Holding Corp., the parent company of Freedom24, announced this week that it exceeded $10 billion in market capitalisation. According to the announcement, this achievement was driven by a new all-time ...

While many early-stage tokens struggle to show more than a roadmap and a token price, Mutuum Finance (MUTM) is quietly building something that analysts say gives it a serious edge — ...

With market sentiment slowly turning bullish and many tokens already pricing in recent gains, investors are actively scanning for early-stage opportunities with room to run. Among the projects standing out ...

The government of Cyprus does not wish to stand in the way but rather be part of the journey of innovation and technology, according to president Nikos Christodoulides. The president ...

Studio 42, a Cyprus-based mobile game development studio founded by veterans of the global casual games industry, has announced that it has secured $3.6 million in seed funding. According to an announcement ...

Major foreign business chambers in Romania, including the US, UK and Germany, have voiced concern about what they described as a rapid deterioration of the investment climate and the credibility ...

As 2025 unfolds, analysts aren’t just chasing the loudest names in crypto — they’re doubling down on projects with actual functionality and value-generating ecosystems. That’s why Mutuum Finance (MUTM) ...

Consulting and advisory firm PwC Cyprus has teamed up with CIM-Cyprus Business School to launch a joint work-study programme, according to an announcement released on Thursday. The programme aims to ...

Cyprus’ economic growth accelerated to 3 per cent in the first quarter of 2025, outperforming both the eurozone and EU averages, according to a preliminary estimate by the state statistical service. In ...

The only way for the tourism sector to continue its upward trajectory and its significant contribution to the Cypriot economy is through collective effort, according to Deputy Minister of Tourism ...

Cyprus has once again been recognised as the fastest-growing startup ecosystem in the European Union, following the release of the 2025 StartupBlink Global Startup Ecosystem Index. According to a report published ...

Cruise company Celestyal has further reinforced its collaboration with Qatar Tourism, Visit Qatar and Mwani Qatar. The agreement was announced during the Arabian Travel Market exhibition, which took place from ...

Bank of England interest rate-setter Catherine Mann said she voted to keep borrowing costs on hold last week – having sought a big 50-basis point cut in February – because Britain’s ...

European Central Bank supervisors are asking some of the region’s lenders to assess their need for US dollars in times of stress, as they game out scenarios in which ...

Greece had the longest average weekly working hours in the European Union in 2024, according to data published this week by Eurostat. Greek workers spent an average of 39.8 hours per week ...

Cyprus is stepping up efforts to position itself as a gateway for Indian businesses expanding into Europe, a vision that is starting to take shape both strategically and on the ...

Cyprus has emerged as one of the standout performers in European tourism at the start of 2025, recording a 15.4 per cent increase in international arrivals compared to the same period last ...

Hellenic Bank on Wednesday announced a reduction in its base interest rate by 0.33 percentage points, from 1.75 per cent to 1.42 per cent, effective from May 16, 2025. “This move will benefit the majority ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued two separate announcements relating to regulatory action and fund liquidation. In a decision made during its meeting on February 2025, the ...

Global asset managers held their biggest underweight position in the dollar in 19 years in May, as President Donald Trump’s chaotic trade policy cut investor appetite for US assets, Bank ...

Burberry (BRBY.L) shares surged 18 per cent on Wednesday after the British luxury brand announced plans to shed 1,700 jobs or around a fifth of its global workforce to cut costs ...

Agreements signed by US President Donald Trump and Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani on Wednesday will “generate an economic exchange worth at least $1.2 trillion,” the White House ...