Business

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 ...

The Cyprus Hoteliers Association (Pasyxe) on Monday reported a strong increase in hotel bookings during the current period ahead of Easter, reflecting heightened demand across the island. Speaking to the ...

The Cyprus Statistical Service (Cystat) on Monday reported a significant decline in the number of building permits issued during December 2024. Specifically, a total of 385 permits were authorised during this time, ...

Consumer protection service (CPS) officers on Monday began recording the prices of 41 key products at 125 retail premises across Cyprus, ahead of the Easter celebrations. The findings will be made public ...

London-based fintech app Plum, which also has offices in Cyprus, announced on Monday that it has secured £15 million in venture debt financing from global financial group BBVA. According to the ...

Hellenic Bank on Monday released a statement reaffirming its leadership in sustainability by becoming the first company in Cyprus to voluntarily adopt the Corporate Sustainability Reporting Directive (CSRD) and the ...

The Girls in STEAM Academy, in collaboration with Cyta, on Monday announced the launch of a new programme titled Etimes (Ready). This new initiative is aimed at supporting young women ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular reminding Cyprus Investment Fund Managers (CyIFMs) of their obligations regarding the compliance of their websites and marketing communications. ...

In an era where financial systems are undergoing historic convergence, few individuals embody the transition from traditional banking to digital assets as comprehensively as Eugene Ng. With nearly 15 years of ...

One of the biggest tech and entrepreneurship events for start-ups, investors and decision-makers is returning for its annual event. Reflect Festival 2025 is back, making Limassol a global hub of ideas, ...

The Bank of Cyprus, along with its subsidiaries, on Monday announced the signing of a binding agreement to acquire 100 per cent of Ethniki Insurance Cyprus Ltd from Ethniki Hellenic General ...

Cyprus airports are set for another record-breaking year, with 55 airlines scheduled to operate flights to and from 158 destinations across 39 countries this summer, according to Hermes Airports’ Maria Kouroupi. The company, ...

The success of a party in a case, as well as their procedural conduct, are factors that the court takes into account in awarding costs. The law grants the court ...

A large-scale mixed-use development is planned for the site of the historic KEAN factory in Limassol, with the project currently under public consultation by the environment department. The Environmental Impact ...

An escalating global tariff war could provide challenges for the emerging data centre sector and cause slower growth, Laura Cozzi, the International Energy Agency (IEA) Director of Technology told Reuters. ...

At a scary moment when almost no place in global markets looks safe, Germany’s recently rocky government bonds may be one of the few true havens left. A week ...