Business

Cyprus has achieved one of its most significant successes in informatics to date, with middle school student Mariza Paspalli winning gold at EGOI 2025, the Cyprus Computer Society announced on Wednesday. ...

Cypriot businessmen Costas Cleanthous and Charalambos Panayiotou, shareholders of fintech trading platform XM, have applied to the Central Bank of Cyprus (CBC) to acquire a majority stake in Ancoria Bank, ...

As Bitcoin (BTC) breaks through the $110,000 mark, the global cryptocurrency market is experiencing a new wave of enthusiasm, with its market cap exceeding $2.4 trillion, surpassing Amazon to become one of ...

The official launch of the Smart Cyprus project took place this week at the amphitheatre of Cyta’s headquarters in Nicosia. According to an official announcement, the event marked the ...

Cypriot businesses are bracing for potential fallout from a trade war between the United States and the European Union, as Brussels readies retaliatory tariffs in response to threats by US ...

Alphabet (GOOGL.O), faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company’s own spending on the technology is helping it ...

A key driver of Tesla’s (TSLA.O) profit is disappearing fast as the US government changes policies on an environmental asset known as regulatory credits. Investors are likely to ...

British grocery price inflation rose to 5.2 per cent for the four weeks to July 13, its highest level since January last year, according to data from market researcher Worldpanel by Numerator, ...

Cyprus generated €3.2 billion from tourism in 2024 as traveller numbers rose, with Paphos ranked as the island’s top destination, according to a report released on Tuesday by the statistical service. ...

Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as data centres, the ...

JPMorgan Chase (JPM.N) is exploring plans to offer loans backed by clients’ cryptocurrency holdings, including bitcoin and ethereum, as early as next year, the Financial Times reported on Tuesday, ...

Investors are actively seeking the best cryptocurrency to invest in as the crypto market surges in 2025. Shiba Inu (SHIB), a meme-driven token, is struggling to maintain relevance against emerging DeFi ...

Payoffs for employees taking early or voluntary retirement will be subject to income tax under a sweeping reform plan, the government announced on Tuesday. The draft legislation, part of a ...

Mutuum Finance (MUTM) is quietly gaining traction in the crypto market, outpacing Ripple (XRP) with its innovative DeFi approach. While XRP has surged to a new all-time high of $3.66, its ...

The Central Bank of Cyprus (CBC) on Tuesday reported total assets of €28.35 billion as of June 30, 2025, according to a report by governor Christodoulos Patsalides. The largest component of the central ...

Oil prices declined for a third consecutive session on Tuesday on concerns the brewing trade war between major crude consumers the United States and the European Union will curb fuel ...

Solana is surging with bullish momentum, while Mutuum Finance (MUTM) is capturing investor attention in the crypto market. Solana’s futures open interest is climbing to $9.12 billion, reflecting strong trader ...

A sweeping cyber espionage operation targeting Microsoft (MSFT.O) server software compromised about 100 organizations as of the weekend, two of the organizations that helped uncover the campaign said on Monday. ...

ASBISc Enterprises Plc on Tuesday reported a sharp year-on-year increase in its estimated consolidated revenues for June 2025. In a filing to the Cyprus Stock Exchange (CSE), the company said that ...

The finance ministry has asked “reasonable questions” regarding the Great Sea Interconnector project in its letter to the energy ministry, Energy Minister George Papanastasiou said on Tuesday. Speaking to CyBC ...

Cyprus generated €3.2 billion from tourism in 2024 as traveller numbers rose, with Paphos ranked as the island’s top destination, according to a report released on Tuesday by the statistical service. ...

The United Arab Emirates (UAE) has become a magnet for global entrepreneurs—and for good reason. Free zones across the country offer full foreign ownership, zero taxes, and a fast-track ...

Cyprus has been ranked in the middle of the global wealth rankings for 2025 by The Economist, which placed Switzerland at the top and Burundi at the bottom in its assessment ...

The Kourion and Limassol municipalities will manage parts of their beaches this summer, adopting Ayia Napa’s model to improve services while ensuring low costs for locals and visitors, it ...