Business

Here are the top business stories in Cyprus from the week starting October 27: The economic history of Cyprus is a tale of resilience, often defined by its agile recovery from ...

The European Banking Authority (EBA) this week published its final draft Regulatory Technical Standards (RTS) to establish criteria for assessing the materiality of Credit Valuation Adjustment (CVA) risk exposures stemming ...

Europe’s biggest telecommunications companies have urged the head of the European Commission to loosen EU merger rules, a move they said would boost much-needed investments in digital infrastructure and ...

PayPal (PYPL.O) saw a slowdown in payments activity in September that continued into October across both the US and Europe, as consumers became more selective in their purchases, CFO ...

Adobe said this week that its video and image editing tools can be controlled by chatting with them, adding that it is working with ChatGPT creator OpenAI to let users ...

In every market cycle, undervalued tokens with real utility tend to become the next 10x success stories. Mutuum Finance (MUTM) now stands in that position. It combines practical revenue generation, ...

An innovative digital application that is expected to transform the way visitors discover and experience the island is set to be developed following the signing of an agreement between the ...

The gross disposable income for Cypriot households, as well as that of non-profit institutions serving households, saw an annual increase of 8.4 per cent in 2024, according to figures released on Friday ...

By Miranda Xafa A public debt auction was held with paradoxical ease in June 2017. Argentina – a country with a long history of defaults – sold $2.75 billion of 100-year bonds denominated in ...

Global mergers and acquisitions activity grew 10 per cent in the first nine months of 2025 compared with the same period last year, extending a gradual recovery despite uncertainty over US tariff ...

Danone’s high-performing Chinese business drove a third-quarter sales beat earlier this week, with strong demand in China for infant milk formula and medical nutrition largely offsetting weakness in coffee ...

Instagram owner Meta (META.O) and other social media firms said this week that they will comply with a ban on users under the age of 16, adding that they will ...

Tempers flared among members of parliament over the matter of the Great Sea Interconnector on Friday as the House finance committee discussed the energy ministry’s budget. The flashpoint came ...

The crypto world has changed fast. People no longer chase hype alone. Today, the top crypto projects are the ones that build real value and generate actual revenue. Among these ...

Solar energy plays a central role in the global transition to sustainable power sources. With installations increasing in both residential and commercial sectors, the performance of photovoltaic (PV) systems is ...

The Cyprus Real Estate Development Association welcomed the unanimous approval by the House of Representatives of the new law establishing a framework for the control of foreign direct investments (FDI), ...

The Central Bank of Cyprus (CBC) announced on Friday that Cyprus’ household and corporate debt levels continued to decline in the second quarter of 2025, as both sectors benefited from higher ...

Cyprus recorded a negative annual financial position of -€29.27 billion in 2024, according to the Cyprus Statistical Service (Cystat). As of December 31, 2024, total assets in financial instruments across the economy amounted ...

The Index of Industrial Output Prices in Cyprus for September 2025 reached 122.3 units, using 2021 as the base year with 100 units, according to the Statistical Service (Cystat). The index recorded a decrease ...

House energy committee chairman Kyriacos Hadjiyiannis will represent Cyprus at the Interparliamentary Conference on “Towards a Safer and More Innovative Digital Europe: Delivering on the DSA’s Promises for Citizens ...

Cyprus recorded a budget surplus of €1.17 billion, equal to 3.2 per cent of GDP, in the first nine months of 2025, according to preliminary figures released on Friday by the Cyprus Statistical ...

The gross disposable income for Cypriot households, as well as that of non-profit institutions serving households, saw an annual increase of 8.4 per cent in 2024, according to figures released on Friday ...

The European Central Bank (ECB) decided to keep its deposit rate unchanged at 2 per cent for the third consecutive meeting, a move that many economists see as confirmation of a ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that a seven-hour, subsidised training programme on the effective integration of Generative Artificial Intelligence (AI) into business processes will take ...