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.
Pay increases granted by British employers have fallen back in line with inflation for the first time since October 2023, according to data from human resources data firm Brightmine that is ...
Google (GOOGL.O) was hit with two charges of breaching landmark EU rules on Wednesday, while Apple (AAPL.O) was ordered to help rivals connect with its iPhones and iPads, ...
The European Union will tighten steel import quotas to reduce inflows by a further 15 per cent from April, a senior EU official said on Wednesday, in a move aimed at ...
Turkey’s lira fell as much as 12.7 per cent to an all-time low of 42 to the dollar on Wednesday, with bonds and stocks also tumbling, after authorities detained President Tayyip ...
The cryptocurrency market has always rewarded early investors who recognize high-growth potential before a project gains mainstream traction. Mutuum Finance (MUTM) is emerging as one such opportunity, offering a decentralized ...
The cryptocurrency market is constantly evolving, and as the next altcoin season approaches, investors are searching for promising opportunities beyond meme coins. While Shiba Inu (SHIB) has had its moments ...
Credit rating agency Moody’s on Wednesday upgraded the baseline credit assessment (BCA) and adjusted BCA of Hellenic Bank, shifting its outlook from stable to positive.
Specifically, the agency raised ...
The greatest innovation in the world of cryptocurrencies is defined by the most bizarre ones. To be more precise, presales are the very first investment opportunities. However, challenging projects are ...
The cryptocurrency market has long been dominated by major players like Cardano (ADA) and Polygon (POL), both of which have established themselves as key blockchain networks with strong use cases. ...
Salamis Tours, originally founded by Vasos Hadjitheodosiou, remains under the firm control of his family.
Recently, E.V.H. Investments Limited, a subsidiary within the family’s business structure, increased ...
Cyprus is seeing a surge in tourists from Romania, with arrivals rising 120 per cent over two years, Deputy Minister of Tourism Kostas Koumis said, welcoming the decision of airline Animawings ...
Residents who joined Nicosia municipality under the new local administration reform were in for a shock in March, when they started receiving inflated annual property tax bills.
The bills appear ...
Cyprus is poised to reap significant benefits as an investment destination following last week’s approval by the Councils of a new plan to provide urban incentives for developments in ...
Bond investors are bracing for a US economic downturn, as they pare back risky exposures, while many are extending duration in their fixed-income portfolios, taking in to account a Federal ...
The Great Sea Interconnector (GSI), connecting the electricity grids of Greece, Cyprus and Israel is now being handled on a diplomatic level as it has become a matter of foreign ...
The Cyprus University of Technology (Tepak), the Association of Chartered Certified Accountants (ACCA), and Ernst & Young (EY) Cyprus on Wednesday announced a strategic collaboration to introduce the Accelerated Internship ...
The Association of Cyprus International Financial Firms (ACIFF) used its annual general meeting to focus on the evolving regulatory landscape, financial resilience, and anti-money laundering (AML) compliance.
According to an ...
The Bank of Cyprus witnessed a surge in trading activity during the latest session at the Athens Stock Exchange, according to a report from Stockwatch.
Specifically, shares worth €32 million changed ...
Players from Israel, Cyprus, and Jordan topped the list of nationalities spending the most on cash wagers at casinos in 2024, according to data submitted to House institutions committee.
They were ...
The hourly labour cost in Cyprus increased by 5.6 per cent in the fourth quarter of 2024, according to preliminary data published this week by the Cyprus Statistical Service (Cystat).
This rise ...
A Cyprus-Greece business forum, which took place in Nicosia this week, focused on the importance of enhancing trade and investment relations between the two countries.
According to a statement by ...
Cyprus’ Construction Materials Price Index for February 2025 recorded an annual increase of 1.38 per cent, according to the latest data from the Cyprus Statistical Service (Cystat).
Meanwhile, prices for the first ...
The Bank of England is likely to keep interest rates on hold on Thursday and stick to its mantra of only gradual moves ahead as it grapples with the fallout ...
The rise of rural tourism boosted local economies and preserved cultural heritage in Cyprus’ countryside as overnight stays in agrotourism units followed other key indicators in the sector last year ...