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.
The UAE’s non-oil private sector grew steadily in June even as regional tensions weighed on demand, and firms ramped up output to tackle backlogs, a survey showed on Thursday.
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With market momentum shifting and low-cap gems catching fire before the next major run-up, retail traders are now stacking tokens under $0.10 that offer actual value—not just hype. That search ...
Stellar (XLM) holders are making a noticeable shift—not just across exchanges, but on-chain. Wallet data shows reallocations from passive, inflationary assets like XLM into smaller-cap DeFi plays that offer ...
Tesla’s (TSLA.O) sales volume in Germany fell by 60 per cent in June, the German road traffic agency KBA said on Tuesday, although sales of battery electric vehicles rose ...
With just days left in July, smart investors are looking for low-cost tokens with high upside—and one project is beginning to dominate the conversation. Mutuum Finance (MUTM) is gaining ...
Interview with the President of the Cyprus-Uzbekistan Business Association
The launch of the Cyprus–Uzbekistan Business Association, under the Cyprus Chamber of Commerce and Industry (KEBE), signals a new era ...
The Thalia 2021–2027 Cohesion Policy Programme is currently Cyprus’ most ambitious effort to support small and medium-sized enterprises (SMEs), with a total budget of €1.8 billion, including €969 million from the European Union ...
Cyprus recorded €75.7 million in high-value property transactions in May 2025, showing a strong rebound from April, with Nicosia leading the market, according to real estate analytics firm Ask Wire.
Land Registry ...
The Cyprus–Greece Business Association and the Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced that they hosted a farewell lunch in honour of outgoing Greek ambassador Ioannis ...
The number of registered unemployed persons in Cyprus stood at 9,153 at the end of June 2025, data from the Cyprus Statistical Service (Cystat) showed on Thursday.
On a seasonally adjusted basis, ...
Nicosia’s city centre will be transformed into a vibrant hub of innovation and culture on September 25–26, as INSPIRE 2025 brings together more than 85 distinguished speakers, immersive masterclasses, and live entertainment.
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Consumer prices in Cyprus fell by 0.4 per cent in June 2025, when compared to the same month last year, according to data released by the state statistical service on Thursday.
The ...
Greece’s power grid operator on Thursday pushed back against mounting criticism over its demand that Cyprus cover part of the costs for the undersea electricity interconnection project linking Cyprus, ...
In the world of meme coins, Shiba Inu (SHIB) and Pepe Coin (PEPE) have both earned legendary status. SHIB turned early holders into millionaires, and PEPE exploded into the scene ...
Plastic product manufacturer Lordos United Public Limited held its annual general meeting this week, where shareholders unanimously approved all items on the agenda.
According to a filing on the Cyprus ...
Demetra Holdings Plc on Thursday announced its net asset value (NAV) per share as of June 30, 2025, stood at at €2.5494 per share.
Moreover, in a company filing on the Cyprus Stock ...
Microsoft (MSFT.O) will lay off nearly 4 per cent of its workforce, the company said on Wednesday, in the latest job cuts as the tech giant looks to rein in ...
Alphamega hypermarkets signed an agreement to acquire Foody Market, the online supermarket service operating through the leading distribution platform Foody.
The completion of the transaction, however, is subject to approval ...
The general house price index in Cyprus, which includes both houses and apartments, continued its upward trajectory on an annual basis during the first quarter of 2025, according to data published ...
Cyprus’ international investment position (IIP) deteriorated in the first quarter of 2025, recording a net liability of €31.01 billion compared to €29.18 billion in the fourth quarter of 2024.
The figures are based on ...
Cyprus has formally approved the creation of a national mechanism for the control of foreign direct investments (FDI), following a cabinet decision on Wednesday.
The move aims to strengthen the ...
British food prices accelerated by the most since March 2024 in June, pushing up overall shop prices rose for the first time in nearly a year, according to a survey from ...
The Bank of Israel is expected to leave short-term interest rates unchanged next week but analysts believe a cut is possible as early as August following a swift war with ...
Avalanche (AVAX) fell 7.2% last week to $16.86 during a market correction but remains bullish overall. Analysts expect a possible rebound to $22.50 and even a 90% rally toward $32, supported by a 380% surge in ...