Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
US corporate finance chiefs say the confusion around trade policy that put a damper on the first half of the year has begun to lift, but that price increases are ...
The cryptocurrency sector is heating up, and traders examining crypto charts are noticing heightened activity around Mutuum Finance (MUTM). Designed with a dual lending architecture, the platform will feature P2...
Here are the top business stories in Cyprus from the week starting September 22:
The government will continue to back the Larnaca local district organisation (EOA) as it seeks to become ...
At the White House this year, OpenAI outlined its lofty “Stargate” infrastructure project that would cost half a trillion dollars and be developed with partners including SoftBank (9434.T) and Oracle (...
The Trump administration’s proposed $100,000 fee for new H-1B visas widely used by tech firms to hire foreign talent could deal a blow to the sector that relies heavily ...
From lasers to life sciences, Europe’s new plan for research and technology infrastructures aims to turn world-class science into everyday impact.
By Catherine Howie
The European Commission has introduced ...
Asset managers are lining up to launch cryptocurrency exchange-traded funds, capitalizing on growing excitement around digital assets while getting a boost from looser regulatory requirements to bring products to market.
...
In the wake of recent crypto crashes, savvy investors are redirecting attention toward high-utility, low-priced tokens, and Mutuum Finance (MUTM) is emerging as a clear favorite. Designed as a decentralized ...
With its sleek design and groundbreaking aerodynamics, the Airbus RACER isn’t just a prototype – it’s a symbol of Europe’s commitment to clean aviation.
By Tom Cassauwers
Brice ...
Cyprus has found “sizeable quantities” of natural gas in blocks Pegasus and Glaucus, Energy Minister George Papanastasiou told the Cyprus Mail on Friday, following an earlier announcement by the president ...
Amazon Web Services (AWS) and SAP unveiled plans to bring SAP Sovereign Cloud capabilities to the AWS European Sovereign Cloud, the new independent cloud for Europe, backed by Amazon’s €7.8 ...
Dr Kyriaki Michaelidou of the Cyprus Institute of Neurology and Genetics (CING) has been awarded the UNESCO-Al Fozan International Prize for the Promotion of Young Scientists in Science, Technology, Engineering ...
Abu Dhabi’s Technology Innovation Institute and Nvidia (NVDA.O) have launched a joint research lab in the United Arab Emirates that will focus on developing next-generation AI models and ...
With the approval of Bitcoin (BTC) and Ethereum (ETH) ETFs and the upcoming launch of a Ripple (XRP) ETF, the cryptocurrency market is entering a phase where compliance and cash ...
The market has once again reminded investors of its volatility, with $1.8 billion in liquidations shaking sentiment across major assets. Events like this often drive retail participants to reconsider strategies, especially ...
The government is awaiting legal advice after the European Commission demanded the return of €67 million it had paid for the Vasiliko liquefied natural gas (LNG) terminal that was never completed, ...
Two thirds of US-based security chiefs at large technology companies say the threat of violence towards their executives has increased in the past two years, with many now providing protection ...
XRP, BTC, and DOGE prices declined significantly in the past 24 hours. The charts are going by the minute, but investors are hopeful the market direction will change. Although buy-low investors ...
Mercedes-Benz (MBGn.DE) announced changes to its top management this week, replacing chief technology officer Markus Schaefer with head of production Joerg Burzer, as it pursues cost efficiencies with a ...
Global shipping, which carries around 80 per cent of world merchandise trade, is stagnating as the sector struggles with geopolitical instability, new tariffs and shifting sea lanes, the United Nations said ...
Apple, Google and Microsoft have been asked by EU tech regulators about the measures they are taking to prevent their platforms being used for financial scams, underscoring Europe’s concern ...
Petroleum product sales in Cyprus fell by 1 per cent in August 2025 compared to the same month last year, reaching 123,378 tonnes, according to the statistical service (Cystat).
The decline was mainly ...
Logicom Public Ltd on Friday reported a profit after tax of €29,672,258 for the first half of 2025, nearly doubling from €15,826,856 in the same period last year, representing an increase of approximately 87.4 ...
Vassiliko Cement Works Public Company Ltd on Friday announced that its board of directors approved the payment of an interim dividend for 2025 amounting to €10,790,392.05.
The dividend corresponds to €0.15 per share ...