Business

Turkey recorded a budget shortfall of 261.5 billion lira (approximately $6.87 billion) in March, according to a statement released by the Treasury and Finance Ministry on Tuesday. The ministry also reported a ...

Interior Minister Constantinos Ioannou on Tuesday said that the government is moving ahead with a series of draft laws which aim to improve land development and construction processes in Cyprus. ...

As Cyprus recovers from the disappointment over the failure to find commercially viable natural gas at the Electra-1 target, Energy Minister George Papanastasiou has said the outcome is not as ...

People show great enthusiasm for crypto because they want to know its unique features. Are people fascinated by digital currency because it serves more purposes than money? The main role ...

Cyprus continues to attract strong interest from Polish travellers, with 2024 marking an all-time record for arrivals from Poland, according to Deputy Tourism Minister Kostas Koumis. Speaking during promotional events held ...

The Cyprus Statistical Service released its bimonthly economic development bulletin on Tuesday, covering activity across a number of sectors for January and February 2025. Specifically, the report offers detailed updates on ...

The Limassol municipality has greenlit three large-scale projects aimed at upgrading the city’s public space. These include the reconstruction of Anexartisias Street, the creation of two green routes and ...

Cyprus remains heavily reliant on imported medicines, with only around 40 per cent of authorised pharmaceutical products actually available on the island, according to a European Commission staff working document on ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday reported that assets under management (AUM) by Collective Investments surged to €10.1 billion in the fourth quarter of 2024. This represents a quarter-on-quarter ...

The International Chamber of Shipping (ICS) has welcomed a series of landmark updates to the Maritime Labour Convention (MLC), following an intense week of negotiations at the International Labour Organisation (...

My Mall Limassol is moving ahead with an expansion plan worth over €60 million, while Leptos Estates’ residential development Limassol Park is nearing key delivery dates, according to reports that emerged ...

As the price of Bitcoin (BTC) and Dogecoin (DOGE) continues to rise in 2025, more and more people are looking for ways to earn passive income through Bitcoin and Dogecoin mining. ...

Britain’s biggest companies adopted their most defensive stance since early 2020 in the run-up US President Donald Trump’s April 2 tariff announcements and focused on boosting cashflow, cutting costs and ...

Despite facing persistent structural challenges, the Cypriot manufacturing industry continues to demonstrate remarkable resilience in the face of international turbulence, according to the Employers and Industrialists Federation (Oev). Moreover, the ...

Cyprus-headquartered ASBIS Enterprises has published its remuneration report for the 2024 and 2023 financial years, offering a detailed view into the company’s executive pay practices, business strategy, and financial performance. The ...

Cypriot investment platform Sophic, backed by Athlos Capital, this week announced the launch of Money Market Funds (MMFs). The company described MMFs as a “new low-risk investment option designed to ...

Logicom Public Ltd has announced that its board of directors will convene on April 24, 2025, to examine the company’s audited consolidated financial statements for the financial year 2024. The meeting will ...

In a market where giants like Shiba Inu (SHIB)  dominate the conversation, a new performer is quietly gaining steam. Mutuum Finance (MUTM), a DeFi lending platform, is quickly turning heads ...

Britain expressed confidence on Monday that it could secure enough raw materials to keep the blast furnaces burning at its last maker of virgin steel, after the government seized operational ...

In a crypto market dominated by Bitcoin and Ethereum, a silent giant may be forming under everyone’s radar. While big names like Ripple (XRP) continue battling legal headwinds and ...

As the cryptocurrency market continues to change, the spotlight is shifting toward an exciting new performer, Mutuum Finance (MUTM). While top-tier assets like Solana (SOL) and Dogecoin (DOGE) have been ...

Drilling at the Elektra-1 well offshore Cyprus has found natural gas but not in marketable quantities, the energy ministry stated on Monday. “Well data and preliminary evaluation work indicate the ...

Oil prices rose 1 per cent on Monday after US exclusions on some tariffs and Chinese data showing a sharp rebound in crude imports in March, but gains were capped by ...

BYD, the world’s leading manufacturer of electric vehicles, has officially appointed Alpan Group as its national dealer partner in Cyprus, marking a major step forward in the country’s ...