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.
Gucci’s “see now, buy now” approach for the first collection from new designer Demna, harnessing a buzz around the brand to draw shoppers back to its stores after years ...
British business activity grew at the slowest pace in five months in September as companies and consumers put big spending decisions on hold as they waited to see if they ...
Investors search for the best crypto to buy now under $1 amid shifting crypto prices and rising profit-taking in the crypto market. Cardano (ADA) trades at $0.81 after a 3% weekly drop, while ...
Eurobank Limited on Friday announced the completion of the merger of its Cypriot insurance subsidiaries, marking a significant development in the consolidation of its insurance operations in Cyprus.
The merger, ...
The European Commission has announced a 1-billion-euro ($1.1 billion) plan to ramp up the use of artificial intelligence in key industries amid a push to cut the European Union’s reliance ...
Gold surged above $4,000 an ounce to hit a record on Wednesday, driven by investors seeking safety from mounting economic and geopolitical uncertainty, alongside expectations of further interest rate cuts by ...
Britain’s government has announced it would seek to streamline the process for home-buying under its latest plans to give a boost to the property market.
The proposals could cut ...
Dogecoin developers have rolled out the Cardinals Index Node upgrade, which promises to sharpen the network’s edge in speed and decentralization. This move arrives amid whispers that Tesla might ...
The Finance Ministry’s debt management office will hold a public auction of €25 million in treasury bills on October 20, 2025.
The auction will cover bills with a 13-week maturity and will ...
Cyprus participated in the international exhibition World Food India 2025, which took place in New Delhi from September 25 to September 28, 2025, through the Cyprus Trade Centre in New Delhi under the Energy ...
Eurobank Limited on Friday announced the completion of the merger of its Cypriot insurance subsidiaries, marking a significant development in the consolidation of its insurance operations in Cyprus.
The merger, ...
Cyprus’ energy regulatory authority (Cera) on Friday formally handed over two permits related to the construction of the Great Sea Interconnector to Greece’s independent transmission system operator Admie.
The ...
Cyprus recorded the largest increase in commercial flights among EU member states this September, with activity up 24.1 per cent compared with the same month in 2019, according to the latest Eurostat ...
In shipping, minutes matter. What once took days of phone calls, couriered documents and manual verification now takes minutes on a shared, tamper-proof ledger. That ledger is blockchain.
Shipping is ...
The Cyprus Shipping Chamber (CSC) expressed its strong support for a joint statement by seven leading international maritime organisations urging governments to adopt the ‘Net-Zero Framework’ (NZF).
The proposal is ...
One of the central themes of the recently-concluded Cyprus–Greece Business and Investment Forum was that the two countries should pursue stronger collaborations, partnerships, and joint ventures to bolster their ...
A landmark in sustainability and innovation, the future-forward commercial hub is setting new standards for the island’s real estate industry
Neocleous Tower is a groundbreaking commercial development in central ...
Cyprus recorded a trade deficit of €5.15 billion in the period from January to August 2025, compared to €4.15 billion during the same period in 2024, according to the state statistical service (Cystat).
Total ...
Cyprus recorded a general government fiscal surplus of €1.39 billion, equal to 4 per cent of GDP, for the period from January to August 2025, according to preliminary figures released on Friday by ...
More than 1,000 delegates took part in the international Maritime Cyprus 2025 conference, held in Limassol from October 6 to October 8.
The conference focused on how to unlock the future of shipping, exploring ...
A bill submitted to parliament by the Deputy Ministry of Tourism seeks to modernise the legal framework governing catering and entertainment venues, aiming to boost competitiveness and simplify outdated procedures ...
The Cyprus Association of Large Investment Projects has backed a bill to establish a national mechanism for the control of foreign direct investments (FDI), saying it will bolster the credibility ...
Total beer deliveries in Cyprus recorded a notable increase in September 2025, rising by 24.1 per cent year-on-year, according to data released this week by the Statistical Service (Cystat).
Total deliveries reached 4.37 ...
Shipping moves about 80 per cent of world trade by volume. Efficiency gains matter at system level. The sector emits roughly 3 per cent of global CO₂, while facing rising costs and ...