Business

The New Helvetia Hotel in Platres, which was recently awarded the ‘Historic Hotel of Cyprus’ label by the Deputy Ministry of Tourism, is preparing to reopen following its most extensive ...

Household spending has seen a significant increase, according to the latest Household Budget Survey (HBS) by the Cyprus Statistical Service (Cystat). Specifically, the service reported that the average annual consumption ...

The Cyprus Borrowers Association (Syprodat) released a statement on Monday saying that despite recent interest rate cuts by the European Central Bank (ECB), many borrowers have not noticed a decrease ...

The case for another European Central Bank interest rate cut is strengthening, ECB board member Piero Cipollone said on Monday, just days after another prominent policy dove made a similar ...

The Bank of England on Monday launched its 2025 bank capital stress test for Britain’s seven largest and most systemic banks and building societies. The results of the test, which ...

The sponsor of a bill aiming to end the practice of cutting off solar panels urged government agencies on Monday to come back with their written remarks by the end ...

Ripple (XRP) and Mutuum Finance (MUTM) continue on opposite roads in 2025 potential. Analysts following Ripple (XRP)- whose lengthy court battle with that SEC, now set to be resolved, could ...

A top investors $250 bet on Pepe (PEPE) just three days after its unveiling, morphed into a six-figure jackpot as the meme coin surged to a $1 billion market cap within in ...

ADA has seen a persistent loss of bullish momentum over the past month as uncertainty permeates the market. Having maintained a range of between $0.69 and $0.75 for several weeks, ADA’s 0.20% ...

An early rally in Turkish stocks following last week’s slump fizzled out on Monday with tensions in the country running high after a court jailed Istanbul Mayor Ekrem Imamoglu ...

The Cyprus Borrowers Association (Syprodat) released a statement on Monday saying that despite recent interest rate cuts by the European Central Bank (ECB), many borrowers have not noticed a decrease ...

The Cypriot insurance industry is experiencing heightened merger and acquisition activity, mirroring developments in the banking sector, according to a report from Stockwatch. Major Greek banks have recently pursued acquisitions ...

Limassol-based maritime analytics firm KeelX launched on Monday a generative AI chatbot designed to support faster decision-making and improve operational efficiency across the shipping industry. According to the statement, KX-AI, ...

The Institute of Certified Public Accountants of Cyprus (Selk) has expressed reservations over certain provisions in a set of tax law amendments currently under review by the House finance committee. ...

Hellenic Bank has completed its latest voluntary exit scheme, with 154 employees departing the bank between February 17 and March 11. The initiative, which cost the group approximately €24.2 million, is expected to yield ...

By Spyros Ierides, CFA Society Cyprus In today’s modern era of cutting-edge technologies and Artificial Intelligence (“AI”), financial advice can be just a click away. Undoubtedly, this has led ...

Cyprus-based alternative investment fund Cyreit has announced the sale of Irida Tower, a multi-storey commercial building in Larnaca. The fund, a subsidiary of Prodea Investments, said that it is offering ...

A mortgage is a charge placed on immovable property by its owner to secure a sum of money or an obligation from a mortgage creditor. While in the case of ...

By Nestor Fylaktos Recently the Cypriot electricity system has made it a habit to curtail a significant portion of solar Photovoltaic (PV) generation during daylight hours, to the irritation of ...

Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston. So power company officials were alarmed ...

Cybersecurity has evolved from being a luxury to becoming a strategic priority for organisations, according to Minos Georgakis, Director of Advisory Services at PwC Cyprus. In a recent piece of ...

Financial technology firms and crypto companies are seeking to become state or national banks in a bid to expand their business under the Trump administration that they view as more ...

Bentley has posted its lowest annual revenue since the COVID pandemic struck in 2020 as the British luxury automaker faced a tough global market in 2024, but said it was pursuing “value ...

The investor who accurately predicted Solana’s (SOL) explosive rise to $259 and Shiba Inu’s (SHIB) massive 2021 breakout is now forecasting a staggering 14,250% surge for Mutuum Finance (MUTM) by 2026. Early ...