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.
War in the Middle East means investors may not only have to contemplate a higher oil price, but also a stronger dollar than many had bargained for at the start ...
Here are the top business stories in Cyprus from the week starting March 16:
The Cyprus Employers and Industrialists Federation (Oev) on Monday expressed “deep disappointment and strong concern” over the ...
British home prices are predicted to rise more slowly than previously thought, according to a Reuters poll of housing analysts conducted as expectations for interest rate cuts evaporate following the ...
The Board of Directors of Blue Island PLC will convene on April 28, 2026, at the company’s registered office to approve the final financial results for the previous year and discuss ...
The European Banking Authority (EBA) recently published its final report on draft implementing technical standards concerning the supervisory reporting of third-country branches under the Capital Requirements Directive VI framework.
The ...
Nvidia (NVDA.O) has won Beijing’s approval to sell its second-most powerful artificial intelligence chips to China and is also preparing a version of the Groq AI chip that ...
Britain’s finance regulator confirmed new incident and third-party reporting rules this week, giving firms 12 months to prepare for clearer requirements aimed at strengthening resilience against cyber attacks and third-party ...
The war in the Middle East has triggered a nightmare scenario for the global energy system, slashing so much supply that consumers around the world must both pay up big ...
Improved connectivity is transforming daily life in rural Europe, from safer school runs to cleaner energy, while supporting local economies and cutting emissions.
By Helen Massy-Beresford
Getting children ready and ...
Credit rating agency S&P has left its rating of Cyprus and its estimation of the island’s economy unchanged in its latest assessment, saying that this decision was ...
Finance Minister Makis Keravnos on Friday said the ministry is preparing multiple scenarios and measures to mitigate potential economic fallout from the war in Iran.
The minister stressed that developments ...
An investor analysis, published by an account on X attributed to Macfarlane Investors LLC, has argued that Tesla is significantly overvalued relative to its underlying business performance
The analysis claimed ...
Cyprus motorway density reached 29.41 kilometres per 1,000 square kilometres in 2024, according to a Eurostat report on EU transport infrastructure, placing it below major EU urban hubs but broadly in line with ...
Americans’ attempts to tap new credit rose to their highest level in nearly four years as of February, according to new data from the Federal Reserve Bank of New York.
...
Prices of alcohol-free beer and houmous will go into calculations of British inflation as shoppers prioritise healthier habits, according to the Office for National Statistics.
The consumer prices index is ...
The new technical school in Polemidia, set to replace Limassol’s first technical school and nearly double its capacity to 700 students, is expected to be completed by December 2026, according to ...
Cyprus is facing further fuel price increases in the coming weeks, though supplies remain sufficient for around 90 days, petrol station association president, Savvas Prokopiou, said on Friday.
“Naturally, there will ...
The board of directors and shareholders of MHV Mediterranean Hospitality Venture PLC have unanimously approved a landmark framework subscription and contribution agreement with Prodea Real Estate Investment Company SA.
According ...
If you’re a trader or have aspirations of becoming one, you’ve no doubt seen headlines like this one before:“$300 million in crypto liquidations in 24h” (and if you ...
Invest Cyprus announced on Friday that it recently participated in a roundtable event in New York, held in collaboration with FT Locations and fDi Intelligence to promote the country as ...
The growth of digital assets has created new opportunities for individuals seeking legal passive income through cryptocurrency mining. In the past, mining Bitcoin or other cryptocurrencies required large investments in ...
The board of directors of Minerva Insurance Company Public Ltd will convene at the company’s headquarters on April 7, 2026, to review key corporate matters.
The meeting is scheduled to take ...
Eurobank on Friday announced that it recently secured two major distinctions at the Euromoney Private Banking Awards 2026 in London, reinforcing its position in the private banking sector.
Specifically, the bank ...
Finance Minister Makis Keravnos on Friday said the ministry is preparing multiple scenarios and measures to mitigate potential economic fallout from the war in Iran.
The minister stressed that developments ...