Business

Cyprus has slipped one place in the IMD World Competitiveness Yearbook 2025, ranking 44th globally, according to the latest report published by the Switzerland-based IMD business school in Lausanne. The country ...

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity ...

The Public Debt Management Office on Wednesday announced that it accepted offers totalling a nominal value of €25 million at the 13-week Treasury Bills auction held on June 16, 2025. Total bids submitted ...

Consumer prices in Cyprus recorded a modest year-on-year increase of 0.4 per cent in May 2025, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). Specifically, the Harmonised ...

In Cyprus, many small business owners still rely entirely on their accountant for everything related to finances. It’s a long-standing habit – “My accountant handles it” – that often leaves owners ...

Construction material prices in Cyprus have edged up from last year, despite a monthly dip in May, according to a report from the state statistical service. Specifically, the Construction Materials ...

The Cyprus Chamber of Commerce and Industry (Keve) has issued an invitation to buyers from around the world to participate in the upcoming “Meet the Buyer” online matchmaking event, scheduled ...

Logicom has issued an announcement, under the relevant transparency requirements, related to the exercise of voting rights during its upcoming annual general meeting (AGM), due to take place on Thursday ...

The Limassol regional tourism board (Etal) this week inaugurated a new viewing in Pissouri, according to an official announcement. The board explained that the new viewing point, located in the ...

Cyprus is preparing a sweeping tax overhaul that will broaden the tax base, toughen enforcement and ease the burden on households and businesses, officials familiar with the draft legislation said. ...

Recently, Dogecoin (DOGE) has plunged from below the key support level of $0.192, with a drop of more than 9% at one point, and market sentiment has cooled sharply. On-chain data shows ...

Cyprus has resumed exports of pure copper cathodes (refined copper) from the Skouriotissa and Apliki mines after a five-year hiatus, the director of the mines and quarries service, Stelios Michael, ...

Using the analytical tools and Price Index of DEMOS GEORGIOU & ASSOCIATES, Life Realty presents the 10 highest-value real estate transactions for 2025.These sales account for a total value of €93,004,856. The ...

Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, ...

The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme. According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the ...

Airbus (AIR.PA) struck a deal with budget airline VietJet (VJC.HM) for up to 150 single-aisle jets at the Paris Airshow on Tuesday, where industry hopes of a return to ...

A restructuring plan proposed by struggling British discount retailer Poundland will see the closure of 68 stores and rent reductions across other locations, it said on Tuesday. Last week, Warsaw-listed Pepco ...

Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening ...

Dogecoin (DOGE)’s recent 6% surge made waves across social media, but the rally was short-lived. Within days, gains evaporated—reminding crypto investors once again of the volatility tied to hype-driven ...

Federal Reserve policymakers will begin a two-day meeting on Tuesday with escalating tensions in the Middle East risking a new commodity price shock and fresh US data expected to show ...

In the ever-competitive DeFi era, initial hype doesn’t always translate into long-term value. Sui (SUI), once celebrated for its architecture and scalability promises, is now facing a noticeable decline ...

Consumers will have to wait two more weeks to find out if the Electricity Authority of Cyprus (EAC) hikes its tariffs by 3 per cent, reports said on Tuesday. The matter ...

Shiba Inu (SHIB), one of the most popular meme coins in the market, is showing signs of fatigue. Once propelled by aggressive token burns and community-driven hype, SHIB’s momentum ...

Sterling was lower against the dollar on Tuesday as market focus stayed on developments in the Middle East, while traders await a closely-watched UK inflation print due on Wednesday and ...