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 board of directors of the Agros Development Company ‘Proodos’ Public Ltd, which owns the Rodon hotel in Agros, has accepted the evaluation issued by PWC about its share price.
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Cyprus’ Construction Production Index prices for January 2025 reported a modest increase of 0.57 per cent from the previous month, according to the latest data from the Cyprus statistical service (Cystat).
What ...
The Bank of Cyprus on Tuesday announced its preliminary financial results for 2024, reporting a profit after tax of €508 million.
This marks a 4 per cent increase compared to the previous year, ...
The Deputy Ministry of Tourism has warmly welcomed Qatar Airways’ decision to ramp up its flights from Qatar to Larnaca Airport.
According to a recent post, starting June 24, 2025, the airline ...
Deputy Minister for Shipping, Marina Hadjimanolis, announced this week that the Deputy Ministry of Shipping has integrated gender equality promotion activities into its operations. This initiative aligns with the United ...
The mobile gaming industry is witnessing a surge in innovation and investment, with Cyprus’ role within it growing with every passing year.
One of the key figures driving this momentum ...
Short-term rentals in Cyprus will come under the scrutiny of the House energy, trade, industry and tourism committee this week.
The committee is set to discuss a number of issues ...
A run-up in asking prices for newly listed homes in Britain has lost steam ahead of an increase in property purchase taxes, according to a survey published on Monday.
Property ...
Many British employers intend to raise prices and cut headcount because of the government’s tax increases on business, with confidence among small businesses falling to a five-year low, surveys ...
Investors in HSBC (HSBA.L) are backing management attempts to shutter parts of its investment bank, even as US President Donald Trump’s deregulatory agenda fuels hopes for a boom ...
After being in the spotlight some time ago, Shiba Inu (SHIB) holders are hoping for another massive rally. At the same time, savvy investors have already started their search for ...
Amidst fierce competition from global maritime giants, the Greek shipping sector continues to command a significant share of the international market, boasting 21 per cent of the world’s transport capacity ...
Lars Baumguertel wants Germany’s politicians to get out their cheque books.
The 58-year-old executive runs one of the last surviving manufacturers in Gelsenkirchen, a former coal town in the ...
Cyprus and Egypt on Monday signed two agreements concerning the exploitation of natural gas resources under the seabed in the eastern Mediterranean.
The first agreement was a memorandum of understanding ...
The crypto market is always filled with multiple investment choices. While some coins grow enormously others move at a steady pace, however, finding hidden gems that could help gain massive ...
January 2025 marked a standout month for tourism in Cyprus, as the island welcomed 112,100 visitors, according to a report released on Monday by the state stastical service.
According to the report, ...
The Cyprus Statistical Service (Cystat) on Monday announced the launch of its latest labour cost survey for the reference year 2024.
This survey, conducted every four years, aims to collect important ...
As we continue in 2025, myriad altcoins are ready to garner recognition and increase their valuation exponentially. Three appear to be the most promising tokens poised to garner attention: Rexas Finance (...
The race to $5 for Cardano (ADA) and $10 for Sui (SUI) faces a wildcard contender. Rexas Finance (RXS), a $0.20 token in its 12th presale stage, has already surged 6.6x since launch. ...
Quarterly data from the Central Bank of Cyprus (CBC) on household assets and liabilities have shown a shift in financial asset distribution.
This trend may have been influenced by the ...
The Bank of Cyprus’ board of directors is convening today, February 17, to review the preliminary financial results of the group.
The bank will release the official announcement related to the ...
Short-term rentals in Cyprus will come under the scrutiny of the House energy, trade, industry and tourism committee this week.
The committee is set to discuss a number of issues ...
The bill submitted to the House of Representatives by the MP for Famagusta of Disy, Nikos Georgiou, with the aim of amending the legislation governing the acquisition of real estate ...
Access to high-performance computing has long been a barrier for creative professionals, engineers, and businesses.
LoLa Cloud PCs, founded by Cypriot entrepreneur Rogiros (Roger) Theophanous, is on a mission to ...