Business

Cristiano Ronaldo has become the first footballer to reach billionaire status, according to the latest Bloomberg Billionaires Index, which has valued the Portugal great’s net worth at an estimated $1.4 ...

Bitcoin (BTC) has slowed down again. The world’s largest crypto is moving sideways near key resistance, leaving many investors waiting. After a strong year, its price seems to be ...

The adoption of stablecoins could generate an additional $1.4 trillion in demand for US dollars by 2027, if enough overseas investors want to own these digital assets, analysts at JPMorgan said in ...

The European Union is ready to support the transformation of shipping into an industry focused on cleaner fuels, energy efficiency and innovation, European Commissioner for Fisheries and Oceans Costas Kadis, ...

When Andreas Neophytou was elected President of the Cyprus Shipping Chamber (CSC) earlier this year, he said his first steps would be defined by three priorities, collaboration with government, practical ...

Cyprus’ current account deficit narrowed to €257.3 million in Q2 2025, down from €341.7 million in the same period last year, according to provisional data from the statistics department of the Central Bank ...

Cyprus remained among the least affected EU countries by ICT security incidents, according to Eurostat data.   In 2024, only 12.91 per cent of Cypriot enterprises reported incidents resulting in consequences such as ...

Women in Tech Cyprus, together with TechIsland, will co-organise the second Women in STEM Cyprus Summit, titled “Voices of Change,” on November 21,  2025 at The Loft Bar & Restaurant (UNIC Rooftop) ...

Demetra Holdings Plc has announced the repurchase of 5,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO). The company said the buyback took place during a ...

The construction sector in Cyprus continued to expand in the second quarter of 2025, with both production and output prices recording robust annual increases, according to new data from the Cyprus ...

The Cyprus hospitality venues association (Pasika) has expressed its strong opposition to a new draft law proposed by the Deputy Ministry of Tourism, warning that it will not hesitate to ...

The Bank of Cyprus on Wednesday announced the full implementation of instant payments in Cyprus, effective October 9, 2025. This will allow customers to send and receive payments from any bank within ...

When the Federal Reserve cuts interest rates, as it did in September 2025, the ripple effects are immediate and far-reaching. Businesses, investors and consumers alike face shifting dynamics in borrowing, spending ...

The Cyprus Union of Shipowners (CUS) held its general assembly in Limassol earlier this week, on the sidelines of the Maritime Cyprus 2025 conference. The meeting brought together leading representatives of ...

Sunil Kapoor still recalls his flight back from New York to Cyprus in April. By coincidence, he was seated next to Invest Cyprus CEO, Marios Tannousis. “The man on a ...

Greek retailer Jumbo Group recorded a 4 per cent year-on-year increase in sales in September 2025, maintaining its steady growth trajectory.  According to the company, September traditionally marks a period of strong ...

The second day of the Maritime Cyprus 2025 Conference, held on Tuesday, brought together international industry leaders for discussions on insurance, ownership, and chartering trends under the theme “Unlocking the Future ...

The volume of retail trade in Cyprus rose by 9.4 per cent in August 2025, compared with the same month in 2024, marking the strongest increase among all EU member states, according to ...

The household saving rate in the euro area rose to 15.4 per cent in the second quarter of 2025, compared with 15.2 per cent in the first quarter of 2025, according to Eurostat. The ...

Applications are now open for the fifth edition of Deloitte Middle East’s Technology Fast 50, inviting fast-growing tech companies from Cyprus and the Middle East to apply by December 19, 2025.  The ...

Bank customers in Cyprus will soon be able to send and receive money within seconds, as new EU rules on instant payments take effect this month, at the same cost ...

Electric and hybrid vehicles accounted for 43 per cent of all cars imported into the European Union in 2024, marking a one percentage point decrease compared with 2023, according to data released by ...

Large investors will continue using a core-satellite approach in their crypto portfolios. They will hold Solana (SOL) and Cardano (ADA) for stability. Mutuum Finance (MUTM) will act as a satellite ...

The cryptocurrency market is long-term, and early adoption is the only smart play for future-focused investors. Sovereign states are buying and holding Bitcoin. Enterprises are multiplying their crypto holdings through ...