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.
Drop everything and start a new life by the sea… Sounds like a bold dream? For an increasing number of people, relocation to Cyprus is no longer just a fantasy, ...
Countries must act now to keep slowing population growth from wreaking havoc on their long-term economic prospects, the European Bank for Reconstruction and Development said in an annual report on ...
Cyprus has been recognised with the Best Global Climb Award Among EU Countries in the 3rd Edition of the StartupBlink Startup Ecosystem Awards, according to an announcement by StartupBlink, the ...
The 16th Pension Forum in Nicosia examined the critical issues facing Cyprus’ pension system and the new perspectives emerging in a rapidly changing environment, according to the event overview. The ...
McDonald’s™ Cyprus has long been guided by values that go far beyond serving food. Dedication, responsibility, and, above all, genuine care for the communities it operates in form the ...
Cyprus’ parliamentary commerce committee is moving towards lowering the turnover threshold for companies eligible for a simple review of financial statements to €400,000, narrowing down the €900,000 level initially proposed by Disy.
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Cyprus is attracting a growing wave of fintech activity as firms take advantage of its EU-regulated framework and strategic location. Among them is ECOMMBX, a licensed Electronic Money Institution (EMI) ...
Hotels in Cyprus are increasingly adopting the Green Key certification, as the scheme gains traction as part of the island’s broader tourism reform. The certification signals compliance with environmental ...
Cyprus’ Ministry of Finance has set out its strategic objectives, challenges and planned interventions for the coming year in its 2026 budget while also reviewing actions implemented in 2025.
The document groups ...
Promed Bioscience, a biotech company specializing in advanced collagen-based biomaterials for regenerative medicine, has successfully closed a €1.25 million growth financing round led by KV Fund II.
Overall, the investment emphasises ...
The EIT Innovation Awards 2025 open today at the Budapest Congress Centre, marking the start of a full day dedicated to celebrating Europe’s brightest innovators.
The event brings together leading ...
GDEV Inc., an international gaming and entertainment company headquartered in Limassol, published its unaudited financial and operational results for the third quarter this week, reporting lower revenue but stronger profitability ...
IDEA Innovation Centre of Bank of Cyprus (BoC) has opened applications for its 11th Startup Programme, inviting entrepreneurs who want to turn an innovative concept into a functioning business. Applications ...
The Emirates Shipping Association brought the UAE’s maritime community together on Thursday evening for Latitude 25° at the Jumeirah Emirates Towers Terrace, an event aimed at reflecting on a busy ...
Snap said on Monday it will offer Australians the chance to verify their age with software owned by the country’s banks as the internet platform complies with a teenage ...
New car sales in Europe rose 4.9 per cent in October as electric cars outpaced petrol and diesel registrations, European Automobile Manufacturers’ Association data showed on Tuesday.
The European car industry ...
Workers at Zara plan to protest outside stores in seven European countries on Black Friday, a key sales day, to demand a profit-sharing scheme be reinstated, the European Works Council ...
Shein’s move into the flagship BHV in Paris has added political heat to the troubles of department stores, which are facing an existential threat from shoppers’ shift to online ...
As the crypto market navigates volatility and searches for fresh opportunities, investors are increasingly turning to projects with strong early adoption and tangible utility. Leading the charge is Mutuum Finance (...
Bitcoin cloud mining is becoming a popular way to earn passive income in 2025. For UK-based investors, it’s important to choose a reliable, legal, and transparent BTC Mining platform. While $3,542 ...
Corporate Social Responsibility (CSR) and the broader framework of Environmental, Social and Governance (ESG) have evolved from optional corporate undertakings to essential markers of business maturity. For global companies operating ...
Stable restraint in consumer prices continued in October, according to the monthly price observatory published by the Consumer Protection Service, with annual inflation remaining negative for a sixth consecutive month.
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The Bank of Cyprus (BoC) has been named ‘Best Private Bank in Cyprus 2026’ by Global Finance outlet, a move that further consolidates its lead in the local private banking market.
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Cypriots remain determined to squeeze in at least one more meaningful experience before the year ends, according to a new Mastercard survey covering 20 countries, including Cyprus.
Despite the calendar closing ...