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.
A potential return to normal Red Sea and Suez Canal routings looms large over the container shipping market outlook, with the shift expected to have a material impact on ship ...
Crypto markets move in cycles, but attention moves even faster. Tokens that once dominated headlines often slow when their growth story becomes familiar. At the same time, newer projects begin ...
The US auto safety regulator said this week that it has opened a defect investigation into Tesla Model 3 compact sedans over concerns that emergency door release controls may not be ...
After celebrating Donald Trump’s second presidential term by swilling cocktails and partying to Snoop Dogg at a pre-inauguration event in January, the crypto industry went on to notch major ...
Dealmakers got what they wanted in 2025: an almost record-breaking year for mergers and acquisitions despite a turbulent spring that threatened hopes of a revival in activity during US President Donald ...
The European Union agricultural sector saw a significant 9.2 per cent increase in labour productivity in 2025 compared with the previous year, as rising income and a shrinking workforce combined to boost ...
The Cyprus Institute of Certified Public Accountants (Selk) welcomed the passage of Cyprus’ long-awaited tax reform by the House of Representatives, saying the vote marks a major institutional shift after ...
The European Union has seen a significant divergence in its economic sectors as of October 2025, with services recording a substantial 16.4 per cent increase since the start of the pandemic while ...
As the market moves closer to 2026, many investors are reassessing where real upside can still be found. Large cap cryptocurrencies remain important, but their size limits how fast they can ...
A little over five years ago, Antonina Zinovenko, now manager of art department at Wargaming, stepped away from media and advertising and into IT, carrying no technical background whatsoever, only ...
Foreign direct investment in Cyprus totalled €365.07 billion in 2024, with Russia remaining the largest single source despite a sharp decline, according to data on inward investment positions published on Wednesday by ...
Invest Cyprus described parliament’s approval of the tax reform as a very positive development, saying it closes an important, if not the most important, chapter for business and foreign ...
By Marilena Paraskeva
Marilena Paraskeva is Head of Funding Programmes at the Research & Innovation Foundation
Cyprus is steadily strengthening its position as a regional hub for research and innovation. ...
The Cyprus Bankers Employeers Association and the Cyprus Union of Bank Employees (Etyk) signed the new collective labour agreement on Wednesday, covering the years 2023 to 2027.
The agreement was signed at ...
TechIsland welcomed the adoption of the tax reform by the House of Representatives, saying it concludes an extensive institutional process aimed at modernising Cyprus’ tax framework.
In a statement, the ...
The Cyprus Securities and Exchange Commission (CySEC) has issued a final reminder to Crypto-Asset Service Providers (CASPs) operating in the Republic that they must apply for authorisation under the Markets ...
The Cyprus Institute of Certified Public Accountants (Selk) welcomed the passage of Cyprus’ long-awaited tax reform by the House of Representatives, saying the vote marks a major institutional shift after ...
Volunteering begins with “wanting to be there, wanting to offer and wanting to dedicate time”, according to Konstantina Logotheti, head of marketing and communications at PwC Cyprus and director of ...
The intention to revise the minimum wage is legitimate and reflects the pressures faced by households, according to Fiscal Council president Michalis Persianis.
He also warned that any decision should ...
Celestyal Cruises this week announced the launch of the inaugural regional season of Celestyal Discovery, marking a further step in its expansion beyond the Mediterranean and anchoring its winter programme ...
Mutuum Finance is entering a pivotal moment in its trajectory as Presale Phase 6 surpasses 99% filled, drawing intense interest from investors seeking both early entry and strong upside potential. This remarkable ...
Her path was shaped less by long term plans and more by a curiosity that carried her across industries, until TechIsland offered a mission that immediately resonated with her.
As ...
The Central Bank of Cyprus (CBC) announced on Turesday that the Cyprus banking sector remained strongly capitalised, highly liquid and continued to improve its asset quality in the third quarter ...
Marinos Kineyirou has been re-elected president of the Cyprus Real Estate Agents Registration Council, after securing a substantial majority of the vote in an election seen as crucial for the ...