Business

Wrap-up of business & economy stories from the day before Hellenic Bank and Eurobank Cyprus this week announced that a unified schedule of rights and charges will take effect in ...

Cyprus will host the Junior Balkan Olympiad in Informatics (jBOI) 2025, the Cyprus Computer Society (CCS) announced this week. According to the announcement, the event will take place from October 24 to ...

The council of ministers this week approved a proposal by the interior minister to grant funding of €2.1 million to community clusters across Cyprus for urgent works to clear abandoned agricultural ...

Industrial turnover in Cyprus rose by 4.5 per cent in the first half of 2025 compared with the same period in 2024, according to the Cyprus Statistical Service (Cystat). In June 2025, the industrial ...

Passenger traffic at Athens International Airport in August 2025 reached 3.88 million, marking an increase of 6.7 per cent compared with August 2024. Both domestic and international passenger traffic rose during the month. Domestic ...

Bitcoin is holding steady near $111,000 while traders begin shifting focus toward altcoins, particularly Mutuum Finance (MUTM). The leading cryptocurrency has seen its dominance fall to 55 percent, signaling that funds are ...

Cyprus’ energy market will be opened up to private companies on October 1, the energy regulatory authority (Cera) confirmed on Friday. It said the move will “mark a new era in ...

The mystery of the elusive creator of Bitcoin is the subject of a new Hollywood production, Killing Satoshi, which is entering development. The movie, which is directed by Doug Liman, ...

Budget carrier Wizz Air on Friday announced that it will resume flights from Larnaca to Abu Dhabi starting November 15, 2025. “We are delighted to bring our flights back to Abu Dhabi,” ...

Tesla’s (TSLA.O) board has proposed a $1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk ...

US job growth weakened sharply in August while the unemployment rate increased to 4.3 per cent, confirming that labour market conditions were softening and sealing the case for an interest rate ...

Sui has been recording heavy activity after $100 million in stablecoin inflows entered its network within 24 hours. This sudden surge has lifted its market cap from $800 million to $875 million, even though ...

The insurance association of Cyprus (Saek) has pledged to contribute constructively to the public dialogue on the country’s forthcoming tax reform. The association also focused on the specific characteristics ...

Employment in Cyprus rose by 1.8 per cent in the second quarter of 2025 compared to the same period in 2024.  According to provisional estimates released by the Statistical Service (Cystat) on Friday, ...

Cyview is moving forward with yet another major step in land and real estate development, dynamically expanding its activity in the wider Nicosia area. According to the statement, the company ...

Cyprus’ Shipping Deputy Minister Marina Hadjimanolis paid an official visit to Jeddah on September 3 and 4, at the invitation of Saudi Arabia’s Minister of Transport and Supply Chain, Saleh bin ...

Accountant general Andreas Antoniades told the House public expenditure committee this week that the treasury plans to introduce accrual accounting for revenues and expenses, on an unofficial basis, for the ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced the withdrawal of a Cyprus Investment Firm licence, as well as the termination of membership in the Investors Compensation Fund (...

The Bank of Cyprus (BoC) has not yet made a decision on whether to establish a representative office in Greece, it emerged on Friday. According to a report by Philenews, ...

Demetra Holdings Plc on Friday announced that it completed yet another repurchase of its own shares. According to the announcement, the transaction was in line with the relevant regulations of ...

Hellenic Bank and Eurobank Cyprus this week announced that a unified schedule of rights and charges will take effect in Cyprus from November 3, 2025, as part of their ongoing merger, aiming ...

Industrial producer prices in Cyprus fell by 0.2 per cent in July 2025 compared with June 2025, according to figures released by Eurostat. On an annual basis, Cyprus recorded a decrease of 1.2 per ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced a new policy statement setting out the fees that financial entities must pay under the European Union’s Digital Operational ...

The Cyprus Development Bank (CDB bank) on Thursday issued a clarification regarding media reports suggesting that the company may be the subject of an acquisition. “There is nothing specific to ...