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.
A lack of contractual liability or statute limitation when it comes to any hidden defects, failures or defective materials and consequential damages to apartment owners, which may arise after the ...
Year-over-year spending on artificial intelligence between 2025 and 2029 is set to grow by 31.9 per cent, according to data from the International Data Corporation (IDC).
This investment, driven by the growth of ...
Smartphone shipments into Europe, excluding Russia, fell by 9 per cent to 28.7 million units in the second quarter of 2025, according to industry analysts Canalys.
A restrained consumer and economic outlook is ...
Drawing on nature, researchers have developed a method to pump CO2 captured from industrial processes into volcanic rocks for safe and permanent underground storage.
By Michael Allen
For the first ...
The EU and Europe’s bio-based industries are tapping into the hidden potential of wood to replace fossil resources in the production of high-performance resins with a low carbon footprint.
...
US chip company Qualcomm (QCOM.O) and German luxury automaker BMW (BMWG.DE) have announced an automated driving system, which could help attract customers with new features like hands-free driving ...
Warner Bros Discovery (WBD.O) recently sued the AI photo generation company Midjourney, saying it brazenly stole the studio’s works to generate images of Batman, Superman, Wonder Woman, Bugs ...
In 2025, Total Value Locked (TVL) in DeFi has surged past $123.6 billion—up 41% year-over-year—with growth extending well beyond just blue-chip protocols. Ethereum still holds about 63% of that value, but Layer‑2 ...
As Q4 2025 approaches, investors are reassessing which cryptocurrencies can deliver the strongest returns in the next leg of the market cycle. Dogecoin (DOGE), trading around $0.21–$0.22, remains a cultural phenomenon but ...
XRP has real traction—regulatory clarity is improving, and $5 by 2026 isn’t a stretch if ETF demand materializes. Still, many analysts argue the bigger upside sits elsewhere. Their pick: Mutuum ...
Here are the top business stories in Cyprus from the week starting September 1:
Chief Scientist Demetris Skourides recently carried out an introductory visit to the SOZO Brain Center in Cyprus, ...
The Ministry of Energy, Commerce and Industry has announced that in 2026 it will organise national pavilions at three major international exhibitions in technology, innovation and shipping, with the aim of ...
British house prices rose 0.3 per cent in August, a third consecutive monthly increase that leaves them 2.2 per cent higher than a year earlier, figures published by mortgage lender Halifax showed ...
British retail sales rose more than expected in July, boosted by good weather and the women’s European soccer championship, but annual growth was slower than expected after extensive revisions ...
In every crypto cycle, new projects emerge that challenge the dominance of established players. A few years ago, Uniswap and Aave transformed decentralized finance (DeFi) and rewarded early investors with ...
The race for the best cryptocurrency to invest in before 2026 is intensifying. Bitcoin (BTC) remains the flagship, and Ethereum (ETH) continues to dominate decentralized applications, but neither asset offers the ...
For years, Cardano (ADA) has been viewed as a patient investor’s play: slow, steady, and structured. Yet with crypto prices showing more volatility and markets rewarding projects with utility-driven ...
Wrap-up of business & economy stories from the day before
Hellenic Bank and Eurobank Cyprus this week announced that a unified schedule of rights and charges will take effect in ...
Cyprus will host the Junior Balkan Olympiad in Informatics (jBOI) 2025, the Cyprus Computer Society (CCS) announced this week.
According to the announcement, the event will take place from October 24 to ...
The council of ministers this week approved a proposal by the interior minister to grant funding of €2.1 million to community clusters across Cyprus for urgent works to clear abandoned agricultural ...
Industrial turnover in Cyprus rose by 4.5 per cent in the first half of 2025 compared with the same period in 2024, according to the Cyprus Statistical Service (Cystat).
In June 2025, the industrial ...
Passenger traffic at Athens International Airport in August 2025 reached 3.88 million, marking an increase of 6.7 per cent compared with August 2024.
Both domestic and international passenger traffic rose during the month. Domestic ...
Bitcoin is holding steady near $111,000 while traders begin shifting focus toward altcoins, particularly Mutuum Finance (MUTM). The leading cryptocurrency has seen its dominance fall to 55 percent, signaling that funds are ...
Cyprus’ energy market will be opened up to private companies on October 1, the energy regulatory authority (Cera) confirmed on Friday.
It said the move will “mark a new era in ...