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.
Jinko Solar, a global leader in solar technology, has set a new benchmark in solar efficiency with its latest innovation, the Tiger Neo III module. Designed with advanced tunnel oxide ...
The electronic money institutions (EMIs) sector is experiencing rapid growth, driven by the increasing demand for digital transactions, according to Moneygate founder and CEO Nicolas Treppides.
“As we step into 2025, ...
Eurobank Holdings has successfully completed the issuance of Tier 2 subordinated bonds worth €400 million, attracting robust demand that reached €2 billion, according to an announcement released on Wednesday.
Alongside the bond issue, ...
The Bank of Cyprus has made significant progress in implementing measures designed to alleviate financial pressures on its customers, particularly through reduced charges and lower interest rates.
According to the ...
Global stocks rose on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the ...
Cyprus-based venture capital company 33EAST, supported by the European Investment Fund, has raised €26 million to launch its first venture capital fund, aiming to boost the island’s start-up ecosystem and ...
EU finance ministers approved Romania’s deficit-cutting plan to bring its fiscal deficit below 3 per cent of national output by 2030, a move Bucharest hopes will help reassure investors about its ...
British airline easyJet (EZJ.L) reported a smaller first-quarter operating loss on Wednesday on easing fuel costs and strong passenger demand for travel and its holiday packages.
It posted a ...
The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...
Investors have high hopes for Burberry to start showing signs of progress in its turnaround when the British luxury brand reports sales for the crucial festive season this Friday.
Joshua ...
Economists are split on whether Singapore’s central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies US President Donald Trump ...
The Bank of England (BoE) is open to discussions with Britain’s government about new ways to help boost economic growth by paring back regulatory requirements for the financial services ...
Bitcoin, other cryptocurrencies and even the newly minted token bearing Donald Trump’s name cooled on Tuesday, after the US president’s first set of policies following his inauguration made ...
In the early days of 2025, the world of cryptocurrencies remains rather active. DOGE is also can be pointed out as the meme cryptocurrency; however, having experienced a considerable decline, it ...
Short selling might sound like an insider’s game, but it’s essentially a bet. Investors borrow shares, sell them, and hope to buy them back at a lower price. ...
The European Banking Authority (EBA), in coordination with the European Systemic Risk Board, has released macroeconomic scenarios to assess the resilience of banks in Cyprus as part of the EU-wide 2025 ...
Cyprus Property Developers Association director general Mersina Isidorou has called for reforms to jointly-owned buildings laws, as the House reviews new legislation to tackle regulatory gaps.
She pointed out that ...
Consulting and advisory firm PwC Cyprus on Tuesday shared the results of the company’s annual global CEO survey, which showed that almost 60 per cent of company heads expect global ...
The Asian financial crisis of 1998 presented an unlikely backdrop for launching a new business venture. Yet for Vijay Eswaran and Joseph Bismark, this period of economic uncertainty sparked the creation ...
In a major announcement, Echoworx, a global leader in cloud-based email encryption, has partnered with SwissSign, a renowned Swiss trust service provider, to transform email security in Germany, Austria, and ...
The Central Bank of Cyprus (CBC) has taken significant steps in the past two years to strengthen the financial resilience of the nation’s banking system.
These measures, detailed in ...
The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday announced the launch of the EcoSMEnergy project.
The project, co-funded by the European Union under the LIFE Programme, aims to ...
Israel’s monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank of Israel said on Monday in the ...
Having worked with Hellenic Bank for four years, Cyprus Public Transport is convinced it chose the most reliable partner.
Julio Tironi, CEO of Cyprus Public Transport, said the company started ...