Business

Cypriot MEP Michalis Hadjipantelas’ report on simplifying the EU tax was debated in the European Parliament plenary on Wednesday, aiming to make the bloc’s tax system more competitive without ...

Cyprus recorded a sharp rise in motor vehicle registrations in September 2025, with total registrations climbing by 25.2 per cent to 5,544, compared with 4,428 in September 2024, according to data from the Statistical Service (...

By John Ioannou As this year’s Cyprus Maritime Conference kicks off, the global shipping industry faces no shortage of risks and rewards, opportunities and threats. Geopolitical turmoil, decarbonisation efforts ...

Cyprus’ Ministry of Labour will roll out or announce 14 employment support grant schemes by the end of 2025, with a combined budget of €88.7 million. The schemes form part of the ministry’...

Launching or scaling a crypto business in 2025 requires more than great code and liquidity. It requires the right VASP license—the virtual asset service provider license or equivalent authorization—so ...

The Maritime Cyprus 2025 Conference entered its third and final day on Wednesday, concluding three days of dynamic discussion under the central theme “Unlocking the Future of Shipping.” Building on the ...

Mitsides Public Company Ltd has released its unaudited interim consolidated management report for the period ending June 30, 2025, showing a strong rise in profit after tax to €640,011 for the first half ...

The second day of the Maritime Cyprus 2025 Conference, held on Tuesday, brought together international industry leaders for discussions on insurance, ownership, and chartering trends under the theme “Unlocking the Future ...

The Cyprus Securities and Exchange Commission (CySEC) has granted Logicom Services Limited an exemption from making a public offer to Demetra Holdings Plc shareholders, the regulator announced this week. The ...

Energy Minister George Papanastasiou will be in Athens on Thursday to participate in the Cyprus–Greece Business and Investment Forum. According to a statement by the ministry, the forum is ...

The Eastern Mediterranean will host one of its most significant energy events of the year later this month, as the EMC 2025 – Eastern Mediterranean Conference and Exhibition on Energy – takes place ...

The relevant legal bills for Cyprus’ upcoming tax reform are expected to be completed within the next few days, according to Finance Minister Makis Keravnos. The bills are currently being ...

Cristiano Ronaldo has become the first footballer to reach billionaire status, according to the latest Bloomberg Billionaires Index, which has valued the Portugal great’s net worth at an estimated $1.4 ...

Bitcoin (BTC) has slowed down again. The world’s largest crypto is moving sideways near key resistance, leaving many investors waiting. After a strong year, its price seems to be ...

The adoption of stablecoins could generate an additional $1.4 trillion in demand for US dollars by 2027, if enough overseas investors want to own these digital assets, analysts at JPMorgan said in ...

The European Union is ready to support the transformation of shipping into an industry focused on cleaner fuels, energy efficiency and innovation, European Commissioner for Fisheries and Oceans Costas Kadis, ...

When Andreas Neophytou was elected President of the Cyprus Shipping Chamber (CSC) earlier this year, he said his first steps would be defined by three priorities, collaboration with government, practical ...

Cyprus’ current account deficit narrowed to €257.3 million in Q2 2025, down from €341.7 million in the same period last year, according to provisional data from the statistics department of the Central Bank ...

Cyprus remained among the least affected EU countries by ICT security incidents, according to Eurostat data.   In 2024, only 12.91 per cent of Cypriot enterprises reported incidents resulting in consequences such as ...

Women in Tech Cyprus, together with TechIsland, will co-organise the second Women in STEM Cyprus Summit, titled “Voices of Change,” on November 21,  2025 at The Loft Bar & Restaurant (UNIC Rooftop) ...

Demetra Holdings Plc has announced the repurchase of 5,000 of its own shares through the Cyprus Investment and Securities Corporation Ltd (CISCO). The company said the buyback took place during a ...

The construction sector in Cyprus continued to expand in the second quarter of 2025, with both production and output prices recording robust annual increases, according to new data from the Cyprus ...

The Cyprus hospitality venues association (Pasika) has expressed its strong opposition to a new draft law proposed by the Deputy Ministry of Tourism, warning that it will not hesitate to ...

The Bank of Cyprus on Wednesday announced the full implementation of instant payments in Cyprus, effective October 9, 2025. This will allow customers to send and receive payments from any bank within ...