Business

Budget carrier Wizz Air on Friday announced that it will resume flights from Larnaca to Abu Dhabi starting November 15, 2025. “We are delighted to bring our flights back to Abu Dhabi,” ...

Tesla’s (TSLA.O) board has proposed a $1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk ...

US job growth weakened sharply in August while the unemployment rate increased to 4.3 per cent, confirming that labour market conditions were softening and sealing the case for an interest rate ...

Sui has been recording heavy activity after $100 million in stablecoin inflows entered its network within 24 hours. This sudden surge has lifted its market cap from $800 million to $875 million, even though ...

The insurance association of Cyprus (Saek) has pledged to contribute constructively to the public dialogue on the country’s forthcoming tax reform. The association also focused on the specific characteristics ...

Employment in Cyprus rose by 1.8 per cent in the second quarter of 2025 compared to the same period in 2024.  According to provisional estimates released by the Statistical Service (Cystat) on Friday, ...

Cyview is moving forward with yet another major step in land and real estate development, dynamically expanding its activity in the wider Nicosia area. According to the statement, the company ...

Cyprus’ Shipping Deputy Minister Marina Hadjimanolis paid an official visit to Jeddah on September 3 and 4, at the invitation of Saudi Arabia’s Minister of Transport and Supply Chain, Saleh bin ...

Accountant general Andreas Antoniades told the House public expenditure committee this week that the treasury plans to introduce accrual accounting for revenues and expenses, on an unofficial basis, for the ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced the withdrawal of a Cyprus Investment Firm licence, as well as the termination of membership in the Investors Compensation Fund (...

The Bank of Cyprus (BoC) has not yet made a decision on whether to establish a representative office in Greece, it emerged on Friday. According to a report by Philenews, ...

Demetra Holdings Plc on Friday announced that it completed yet another repurchase of its own shares. According to the announcement, the transaction was in line with the relevant regulations of ...

Hellenic Bank and Eurobank Cyprus this week announced that a unified schedule of rights and charges will take effect in Cyprus from November 3, 2025, as part of their ongoing merger, aiming ...

Industrial producer prices in Cyprus fell by 0.2 per cent in July 2025 compared with June 2025, according to figures released by Eurostat. On an annual basis, Cyprus recorded a decrease of 1.2 per ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced a new policy statement setting out the fees that financial entities must pay under the European Union’s Digital Operational ...

The Cyprus Development Bank (CDB bank) on Thursday issued a clarification regarding media reports suggesting that the company may be the subject of an acquisition. “There is nothing specific to ...

Most Greeks struggle to build financial resilience, with more than half regularly running out of money before the end of the month, according to a new survey by fintech app ...

The statistical service has released the latest figures for road freight transport in Cyprus for the first quarter of 2025. During the period January to March 2025, the total weight of goods ...

Compensation payments of about €44.36 million were made to 4,524 affected depositors and holders of securities from the 2013 banking crisis, government spokesman Konstantinos Letymbiotis said on Thursday. Speaking to reporters at the ...

Mutuum Finance (MUTM) is emerging as the next crypto to hit $1, while controversy continues to weigh down Cardano (ADA). The presale of Mutuum Finance has already raised $15,310,000, and total holders ...

Etek, Cyprus’ scientific and technical chamber is implementing its participatory budget for a fifth consecutive year, allocating €100,000 in the 2025 budget to fund projects and actions proposed by its members. Each ...

The former contractor for the liquefied natural gas (LNG) project at Vasiliko on Thursday laid the blame squarely on the Cypriot side, accusing it of incompetence and of often acting ...

Dogecoin (DOGE) and Pepe (PEPE) ride on memes and social buzz. Mutuum Finance (MUTM) is preparing to ride on mechanics that translate real usage into measurable growth. Where DOGE and ...

Liquidity in crypto refers to how easily you can buy or sell an asset without significantly affecting its price. High liquidity means smoother trading, fairer prices, and more stable markets. ...