Business

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 settlement on Cyprus Investment Firm (CIF) Colmex Pro Ltd for possible violations of investment services legislation. The settlement, already paid ...

The Cyprus Stock Exchange (CSE) has announced its closure on several upcoming dates in line with public and bank holidays. Investors and market participants have been informed that the exchange ...

Britain softened demands on automakers to switch to production of electric vehicles this week, seeking to alleviate pressure on an industry left reeling from US President Donald Trump’s tariffs. ...

A dramatic US stock slide is fanning fears of even more dire scenarios for the market, as investors weigh the potential for a prolonged global trade war and a much ...

US investment bank Goldman Sachs said bond pricing inferred that markets believed there was 70 per cent probability of a Ukraine peace deal, up sharply from before the November election of ...

Mutuum Finance (MUTM) is sprinting through its fourth presale phase, raising $6.4 million from over 8,100 investors who have so far purchased 392 million tokens. Now at $0.025, the project reflects the history of ...

Dogecoin (DOGE) is hovering around $0.1691, having rallied 1.16% in 24 hours with traders eyeing a definitive break above the $0.1759 resistance. Analysts have identified $0.24 as an absolute target if the upward momentum continues, ...

A predictive algorithm studying crypto market trajectories has identified Mutuum Finance (MUTM), an altcoin with a buy price under $0.03, as a better investment than Dogecoin (DOGE) in April 2025. Now in ...

The recently held Capital Link Cyprus Business Forum focused on the progress, opportunities, and developments related to the Cypriot economy. The event, held at the Metropolitan Club in New York ...

Cyprus’ general government recorded a surplus of €654.2 million in the first two months of 2025. This represents 1.9 per cent of the country’s Gross Domestic Product (GDP), according to preliminary fiscal ...

Dogecoin and Shiba Inu have taken a steep dive, each falling 20% in value. As the meme coin market reels, focus turns to XYZVerse. Is this newcomer poised to reverse the ...

The Cyprus Land Development Organisation (Koag) is preparing to start building 220 new homes by the end of the year. Most of them will be in Nicosia and Limassol and will ...

Cyprus is stepping up its push to join the Schengen zone, a development seen as critical for reinforcing the island’s appeal to investors and simplifying cross-border activity for companies. ...

Larnaca and Paphos airports handled 707,304 passengers in March 2025, marking a 5.91 per cent rise compared to the same month last year. It was the strongest performance ever recorded for the January–...

Among the most enticing entry points for investors looking to earn early access to promising blockchain projects are crypto presales. By purchasing tokens before they come to the public exchanges, ...

Hedge funds tracked by Morgan Stanley globally posted growing losses as markets tumbled last week after US President Donald Trump’s announcement of sweeping tariffs, turning year-to-date performance to a 3 ...

Safe havens the yen and the Swiss franc held near six-month highs on Tuesday while the US dollar nursed broad losses as financial markets grappled with mounting recession worries in ...

Oil prices were up around 1 per cent on Tuesday, rebounding from a near four-year low in the previous session on concerns that US tariffs might depress demand and lead to ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a new circular addressed to all Cyprus Investment Firms (CIFs) regarding the updated procedure for reporting cross-border investment activity within the ...

Logicom Services Limited on Tuesday announced the acquisition of additional shares in Demetra Holdings Plc, further increasing its stake in the investment company. According to a document submitted to the ...

The Interior Ministry has announced that an online platform for the ‘Renovate & Rent’ scheme will go live on Wednesday, April 9 at 12:00 noon. Available at www.prositistegi.cy, the platform ...

President Nikos Christodoulides on Tuesday asked American multinational technology company Amazon to “participate substantially in Cyprus’ digital ecosystem”. Speaking after a meeting between Christodoulides and Amazon’s senior vice president ...

Artificial intelligence has become an essential part of the production pipeline at Game Gears, a studio under Cyprus-based company GDEV According to CEO Alexander Vaschenko, the use of GenAI has ...

The production in the construction sector in Cyprus saw a notable increase of 3.5 per cent in 2024 compared to 2023, according to the latest data released by the state statistical service this ...